Mahindra Group and Johnson Controls launch Net Zero Buildings Initiative to decarbonize buildings in India

Chandigarh, March 7, 2024: As India ramps up efforts to decarbonize its rapidly growing infrastructure of buildings, the Mahindra Group, one of India’s leading industrial enterprises, and Johnson Controls, the global leader in smart, healthy and sustainable buildings, today announced a first of its kind Net Zero Buildings Initiative to decarbonize India’s commercial, urban residential and public buildings. The joint initiative will simplify access to key information and resources to help organizations start their net zero buildings journeys.

“At Mahindra, we strongly believe in operating as a ‘Planet Positive’ organization. The group has undertaken multiple initiatives to decarbonize our operational infrastructure—leading to both financially and environmentally value accretive outcomes. We also understand the critical role of collaboration in accelerating a sustainable future, and hence join hands with Johnson Controls, leaders in net zero building solutions, to share our learnings and best practices with everyone” said Abanti Sankaranarayanan, Chief Group Public Affairs Officer and Group Executive Board Member.

According to the International Energy Agency, three-quarters of India’s anticipated 2040 buildings have yet to be built. With the sector accounting for 20% of emissions and more than 30% of energy consumption in the country[1], the transition to smart and sustainable buildings is becoming an environmental and economic imperative.
“With India on the cusp of a building revolution, now is the time to actualize the benefits of smart and green buildings for India’s economy and society,” said George Oliver, Chairman and CEO of Johnson Controls. “The joining together of our two companies to develop this unique initiative is a natural fit—leveraging Johnson Controls’ leadership in smart building technology and Mahindra’s renowned multi-industry expertise and reach. We believe it will help guide and inspire a movement toward a more sustainable built environment, both in India and beyond.”

The Net Zero Buildings Initiative—comprising a cost-free, all-in-one toolkit and training—will help building and facility owners learn about best practices of sustainable buildings, implement tools to assess building parameters, identify and implement conservation measures, and understand building regulations in India, available incentives, technology, financing models, and more.