ESR Group, Asia-Pacific's leading New Economy real asset manager, has launched its first integrated Electric Vehicle charging infrastructure at its 89-acre Grade A Taloja Industrial and Logistics Park in India. The new EV charging station is fully powered by renewable energy generated by ESR’s rooftop solar panels mounted on the charging station itself. This initiative aligns with ESR’s Environmental, Social and Governance (ESG) 2030 Roadmap to decarbonise and drive sustainability in the Company’s operations – paving the way for a cleaner, more sustainable logistics transportation system in Maharashtra and supporting the Government of India’s plan to achieve net zero emissions by 2070. The EV charging station can charge up to 10 EVs and a variety of EV models simultaneously, catering to the different needs of businesses and tenants across ESR Taloja’s 14 buildings spanning 1.9 million square feet (over 175,000 square metres) of space. Six of these charging stations rated at 7.4 kilowatts (kW) are designed for four-wheelers, while the remaining stations rated at 3.3kW are for two-wheelers. ESR is actively pursuing opportunities to expand EV charging infrastructure across all of its assets in the country to offer more sustainable supply chain solutions to customers. This effort will enable ESR and its customers to meet the growing demand and adoption of EV, spurred by stringent emission regulations, supportive government policies, and advancements in battery technology. Abhijit Malkani, CEO of ESR India, said, “Recognising the urgency and importance of sustainable development, ESR is committed to doing our part as a steward and positive force that reshapes the way we do business. ESR is fostering a business ecosystem that not only prioritises sustainable practices, but also enhances operational efficiency and creates long-lasting value for our stakeholders. India’s EV market is at the cusp of transformation with growth happening across the EV supply chain, from advanced manufacturing to logistics underpinned by robust demand. We are proud to lead the way in empowering our customers to run logistics operations optimally and sustainably.” ESR’s goal is to develop a self-contained, sustainable ecosystem to support evolving customer needs across its portfolio. All 22 ESR industrial and logistics parks in India are certified by the Indian Green Building Council (“IGBC”), with ESR Taloja achieving Gold certification. All assets integrate a range of sustainable building features, such as energy and water-efficient designs that reduce tenants’ overall environmental impact and operating costs. Where feasible, ESR will install rooftop solar panels across its portfolio to maximise renewable energy generation. ESR Taloja is the Group’s significant investment in the Mumbai industrial corridor, strategically positioned adjacent to manufacturing hotspot Taloja, Maharashtra Industrial Development Corporation, and close to India’s second largest handling port Jawaharlal Nehru Port. It offers customers seamless hub connectivity and captures the growth of logistics demand. With flexible, built-to-suit customised space solutions and standard buildings, ESR Taloja caters to a broad range of industries and businesses, including light industrial, electronics, cold chain logistics, pharmaceuticals, fast-moving consumer goods, energy, research and development, packaging, training and development centres, automobiles, auto-ancillary, third-party logistics, and e-commerce.