GVK MIAL bags prestigious Green Award hosted by Yes Bank

Mumbai, September 14, 2017: GVK Mumbai International Airport Private Limited (MIAL), the company that administers Chhatrapati Shivaji International Airport (CSIA), was awarded the prestigious “Natural Capital Award -2017”in the Eco Corporate (Services) category under the ‘YES BANK Natural Capital Awards’ program. The esteemed award was conferred to GVK MIAL by Dr. Harsh Vardhan, Union Minister of Environment, Forest & Climate Change and Ministry of Science & technology and Earth Sciences, Government of India at a colorful ceremony held in New Delhi recently. As a part of the award felicitation, MIAL has also been honored with plantation of 500 trees at Sitamata wildlife Sanctuary, Rajasthan.

GVK MIAL was adjudged the winner post detailed scrutiny and site inspection which was carried out by an expert panel from The Energy and Resources Institute (TERI) & Yes Bank across 120+ corporate houses. The accolade was bestowed to GVK MIAL for consistently achieving and implementing various environmental and social programs that corroborated well with ‘Natural Capital’, a term used to describe the value of the resources and ecosystems endowed by mother earth, essential for economic growth.

Sustainability is at the helm of all projects and initiatives that are undertaken at GVK MIAL. An overwhelming achievement, this award is a testament of the unswerving commitment shown by the company on the path towards the ideology of holistic and sustainable development.

Recently, GVK MIAL became the proud recipient of Level 3+ Carbon Neutrality certification by Airports Council International (ACI), the global authority of international airports. CSIA has achieved this highest ACA level of Neutrality in recognition of its GHG management initiatives with greater awareness and sensitization of the stakeholders towards the airport industry’s response to the challenge of climate change.

In addition to this, GVK MIAL was also presented with the prestigious ‘Gold’ certification at the ‘GreenCo Summit’ 2016 and the Indian Green Building Council (IGBC) ‘Platinum’ Certification in 2016. GVK MIAL became the first Indian airport to hold the platinum rating within the Existing Building (O&M) Rating System for its environmentally sustainable profile.

The Natural Capital award is a platform to encourage Indian corporate to showcase their efforts in natural capital conservation and value addition.