Lodha Developers files BRSR for FY26, reports 85% cut in Scope 1 and 2 emissions
Lodha Developers filed its Business Responsibility and Sustainability Report for FY26, reporting an 85% reduction in Scope 1 and 2 emissions and achieving carbon neutrality in operations. The company recorded two worker fatalities and maintained a workforce of 25,986, with renewable energy accounting for 78.7% of total consumption.

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Lodha Developers filed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26 with BSE Limited and National Stock Exchange of India Limited. The disclosure, submitted pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, includes an Independent Assurance Statement and forms part of the 5th Integrated Report for FY26.
The company reported significant progress in its environmental performance, achieving an 85% reduction in Scope 1 and 2 emissions from the FY22 base year. Lodha Developers stated it has achieved carbon neutrality in its operations covering Scope 1, 2, and select Scope 3 emissions. Renewable energy constituted 78.7% of the total energy consumed during the year, with the company targeting 100% renewable electricity across construction sites and standing assets.
Operational and Safety Metrics
The real estate developer reported a total workforce of 25,986 individuals, comprising 5,836 employees and 20,150 workers. The gender diversity among employees stood at 18.6%, with women holding 12.5% of the Board of Director positions. The company recorded two worker fatalities during FY26, compared to zero in the previous year. The Lost Time Injury Frequency Rate (LTIFR) for workers was 0.056, down from 0.03 in FY25.
| Metric | FY2026 | FY2025 |
|---|---|---|
| Total Employees | 5,836 | 5,414 |
| Total Workers | 20,150 | 18,634 |
| Worker Fatalities | 2 | 0 |
| Worker LTIFR | 0.056 | 0.03 |
| Scope 1 Emissions (tCO2e) | 2,071.86 | 3,179.76 |
| Scope 2 Emissions (tCO2e) | 0.00 | 0.00 |
Environmental Impact and Governance
Lodha Developers disclosed that 100% of its standing assets are equipped with systems ensuring zero local liquid discharge. The company generated 136,734.79 metric tonnes of construction and demolition waste during the year. On the governance front, the report noted that a former whole-time director resigned in FY26 after providing incomplete disclosures regarding external interests, prompting an independent investigation and the implementation of resulting recommendations.
The company’s net worth stood at ₹222.1 Bn, and its turnover was ₹145.4 Bn for the reporting period. The BRSR was assured by DNV Business Assurance India Private Limited, which provided reasonable assurance on core indicators and limited assurance on other indicators.
Historical Stock Returns for Lodha Developers
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.75% | +1.63% | +25.82% | +18.95% | -19.52% | +172.34% |
How will the recent worker fatalities impact the company's safety protocols and investor perception regarding ESG compliance?
What specific strategies will be implemented to bridge the gap from 78.7% to the targeted 100% renewable energy usage across construction sites?
Will the governance issues involving the former director lead to stricter board oversight policies or changes in executive recruitment?


































