GVK MIAL Releases Sustainability Report 2014 - infrabuddy.com

GVK MIAL Releases Sustainability Report 2014

Building upon its commitment to sustainability, GVK Mumbai International Airport Private Limited (MIAL) today released its second annual Sustainability Report – “The Sustainability Report 2014” highlighting the achievements of GVK MIAL. This report follows the latest GRI G4 reporting guidelines and meets in-accordance ‘Comprehensive’, the highest application level for completeness, transparency and stakeholder inclusiveness. CSIA is the 1st Airport in Asia and the 5th in the world to release a report as per the G4 guidelines.

“The Sustainability Report 2014” is designed to augment transparency of communication and provide stakeholders with information on MIALs performance, and how various aspects of MIALs business operations are connected. The report also provides an overview of how the organization mitigates risks while leveraging opportunities in a sustainable manner. The report is divided into six chapters covering performance of MIAL on the triple bottom line – Economy, Environment and Society. Each focus area is intended to provide stakeholders with relevant information pertaining to MIAL’s performance and approach, giving deeper insight into the organization as a whole. The report is yet another feather to MIAL’s sustainability programme amidst growing global awareness of the importance of sustainable development.

Link: GVK MIAL Sustainability Report 2014

Key Highlights: Sustainability report 2014

Creating Value:

Direct and indirect contribution to national GDP – Rs. 370.8 Billion
Contribution to state GDP – 3.49%
Jobs Created by MIALs operations – 49,000

Delighting Consumers:

MIAL positioned as the 5th best airport in the 25-40 million passengers per annum category by ACI in 2013
Passenger handling capacity – 40 Million
223 retail outlets across terminals (T2 – 63, T1 A – 42, T1 B – 82, T1 C – 36)
Airport Service Quality Score – 4.66 / 5

Environmental Stewardship:

Reduction by3% in direct and 10% in indirect energy consumption viz-a-viz last year
Reduction by 5% in direct and 6% in indirect emission viz-a-viz last year
10,000+ trees planted over the last year
LEED certification for the new Terminal 2
ACA Level 2 certification for carbon accounting and management

A “People” Organization:

1,572 Employees in 2013-14 with 363 new recruitments (F: 317, M:1,255)
1,095 hours of employee training

Corporate Citizenship:

Civil Defence Course: 143 civilians were trained in fire fighting, prevention and administration of first aid
Vastradaan Campaign: MIAL along with Umang Foundation distributed collected clothes to people from economically weaker sections of society
Support for Education: MIAL along with Jagriti Yatra and SHILP extended support for education and skill development in meritorious candidates as well as children from economically weaker sections of society
Encouraging Sports: GVK Foundation has been sponsoring Tennis Tournaments such as GVK AISTA Tennis Championship

CSIA By Numbers:

Total Passengers: Domestic – 2,18,80,686 | International – 1,03,40,709
Domestic – 5 Domestic Airlines |1 Domestic Freighter Airline | 42 Domestic Destinations
International – 42 International Airlines | 15 International Freighter Airline | 41 International Destinations
Cargo Tonnage:648,744

GVK Mumbai International Airport Private Limited (MIAL) started its foray into Sustainability disclosure in 2011-12 and published its first sustainability report titled “The Sustainability Report 2012” in October 2012. The report was based on leading international guideline G3.1 of Global Reporting Initiative (GRI) and was awarded Level ‘A’ by GRI for its completeness, transparency and stakeholder inclusiveness. The Global Reporting Initiative (GRI) is a leading organization in the sustainability field. GRI promotes the use of sustainability reporting as a way for organizations to become more sustainable and contribute to sustainable development.​ GRI has pioneered and developed a comprehensive Sustainability Reporting Framework that is widely used around the world.

At GVK MIAL, sustainability is a critical component. It is about improving passengers’ experience, creating jobs, preserving resources, contributing to the nation’s economy and giving back to the society. As a responsible corporate entity MIAL is committed towards the same and shall continue to work towards achieving the highest degree of excellence in the time to come.

About GVK MIAL: GVK Mumbai International Airport Pvt Ltd (MIAL) is a Public Private Partnership joint venture between GVK-led consortium and Airports Authority of India (AAI). GVK MIAL was awarded the mandate for operating and modernizing Chhatrapati Shivaji International Airport, Mumbai (CSIA). Through this transformational initiative, GVK MIAL aims to make CSIA one of the world’s best airports that consistently delight customers besides being the pride of Mumbai. The new integrated Terminal 2 at CSIA enhances the airport’s capacity to service 40 million passengers and one million tons of cargo annually. The new Terminal 2 resonates cultural richness & legacy of India through a seamless amalgamation of architecture, design and the largest programme for art in public space spanning across the terminal. It also represents the new, contemporary & modern India through its enabling business ecosystem as well as efficient functioning made possible by state-of-the-art facilities and advanced technological systems adopted.

About GVK: GVK is a leading Indian conglomerate with presence across Energy, Resources, Airports, Transportation, Hospitality and Life sciences sectors. GVK set up India’s first independent power plant and has around 6000 MW projects under generation and development. It is the first company in India to develop six-lane expressway under PPP model and has around 3000 lane km expressway projects under operations and development. As one of India’s largest private sector airport operators, GVK handles 44 mppa through India’s first brownfield airport under PPP model – Chhatrapati Shivaji International Airport, Mumbai and Kempegowda International Airport, Bangalore and is developing two airports in Indonesia. Having already invested over USD 4.3 billion, GVK has projects worth over another USD 6.6 billion in the pipeline, in India. It has acquired Australian Coal Mines in Queensland with 8 bt reserves for USD 1.26 billion and envisages an investment of USD 10 billion to for setting up mines, 500 km rail project and 60 mtpa port project which will form one of the world’s largest integrated coal mining operations. GVK has undertaken to serve Nation’s largest Corporate Social Responsibility (CSR) initiative GVK EMRI 108, saving millions of lives every year.

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