Shree Ramkrishna Exports Pvt. Ltd. (SRK), a renowned manufacturer of natural diamonds, has announced a groundbreaking achievement in emissions reduction. Originally targeting a Net Zero certification for its flagship buildings, SRK House and SRK Empire, by 2030, the company has successfully accelerated its goal six years ahead of schedule, becoming the first company worldwide to achieve the landmark Net Zero certification for buildings.
SRK House and SRK Empire are already two of the most high-performing LEED-certified buildings in the world, showcasing the brand’s commitment to proactively reducing its environmental footprint. Through a partnership with the Global Network for Zero (GNFZ), an innovative Net Zero certification body founded by former President and CEO of the U.S. Green Building Council, Mahesh Ramanujam, SRK has expedited the Net Zero certification of both buildings.
“In 2015, the world set ambitious targets for the Paris Agreement. However, these strict timelines and milestones are based on data that our warming world has already surpassed. Our partnership with GNFZ provides us with the opportunity to lead by example, accelerate the decarbonization of the diamond sector, and share our best practices with colleagues worldwide aiming for Net Zero,” says SRK Brand Custodian Shreyans Dholakia.
SRK implemented several strategies at its facilities to achieve certification, including the installation of a 6 MW external solar power plant to reduce Scope-1 and Scope-2 emissions, transitioning all SRK-owned vehicles to electric vehicles, installing solar-powered electric vehicle charging stations, developing an app to track employees’ daily commute patterns, and planting trees on a 200-hectare area.
SRK’s certification confirms the company’s sustainable commitment to a carbon-free future. Its groundbreaking decarbonization work sends a signal to the global diamond sector and the business world at large that achieving Net Zero for all is now within reach, as advocated by GNFZ’s mission. The GNFZ team will continually monitor the company’s data, verify its Net Zero emissions, and ensure SRK maintains a world-class Zero Emissions performance.
About Shree Ramkrishna Exports:
Founded by Shri Govind Dholakia alias Govindkaka, SRK is a leading conglomerate in the diamond processing and export industry. With a market value of nearly 1.8 billion USD and employing over 6,000 individuals, SRK has played a crucial role in shaping India’s contribution to the global economy over the past six decades. As a purpose-driven company committed to “PURE” trust, transparency, and tenacity, SRK leads the gem and jewelry industry in prioritizing sustainable practices and regulatory compliance, shedding light on the urgent and necessary acceleration efforts for a carbon-free India and beyond. SRK is recognized as the company with the most ISO, system, and process certifications in the industry. Furthermore, nearly 4.5% of SRK’s profits are allocated to various philanthropic and charitable initiatives. Rooted in Govindkaka’s lifelong pursuit of equality, upward mobility, and universal standards of living, the pioneering diamond company is dedicated to ensuring sustainability and human well-being remain the pillars of its growing empire for good.
Media Contact:
Email ID: [email protected]
Photo: [Insert link to a relevant image]
Logo: [Insert link to SRK logo image]
Shree Ramkrishna Exports Pvt. Ltd. (SRK) has achieved the milestone of Net Zero certification for its flagship buildings, SRK House and SRK Empire, six years ahead of schedule. This accomplishment makes SRK the first company worldwide to receive the Net Zero certification for buildings. These buildings are already recognized as high-performing LEED-certified structures, demonstrating SRK’s commitment to minimizing its environmental impact.
To expedite the certification process, SRK collaborated with the Global Network for Zero (GNFZ), an innovative certification body founded by Mahesh Ramanujam, the former President and CEO of the U.S. Green Building Council. This partnership allowed SRK to showcase its achievements and share best practices with other companies aiming for Net Zero.
To obtain the certification, SRK implemented several strategies at its facilities. These included installing a 6 MW external solar power plant to reduce emissions from its operations (known as Scope-1 and Scope-2 emissions), transitioning all SRK-owned vehicles to electric vehicles, setting up solar-powered electric vehicle charging stations, developing an app to track employees’ daily commute patterns, and planting trees over a 200-hectare area.
This certification signifies SRK’s dedication to sustainability and a carbon-free future. It highlights the company’s pioneering efforts in decarbonizing the diamond sector and serves as an example for other industries. The Global Network for Zero will continue to monitor SRK’s data, verify its Net Zero emissions, and ensure that the company maintains its world-class Zero Emissions performance.
One of the advantages of SRK’s achievement is the positive impact it will have on the diamond sector and the business world in general. It demonstrates that achieving Net Zero is an attainable goal and encourages other companies to follow suit. This certification also enhances SRK’s reputation as a leader in sustainable practices, which can attract environmentally conscious customers and stakeholders.
However, there are also challenges and controversies associated with the subject. One potential challenge is the cost of implementing the necessary measures to achieve Net Zero status. The installation of solar power plants and the conversion of vehicles to electric can require significant investments. Additionally, some critics argue that Net Zero certifications may not be truly comprehensive in addressing all aspects of sustainability, and there may be a need for more rigorous standards and accountability measures.
Overall, SRK’s Net Zero certification for SRK House and SRK Empire is a significant achievement, signaling the company’s commitment to sustainable practices. It sets an example for other businesses, showcases the possibilities for the diamond sector, and emphasizes the importance of taking urgent action towards a carbon-free future.
For more information on Shree Ramkrishna Exports, visit their website.
To learn about the Global Network for Zero, you can visit their website.