Eco-Forward: Shaping a Sustainable Future in Life Sciences

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In 2016, Scripps Institution of Oceanography announced a historic rise in atmospheric CO2 levels to 400 ppm, a concentration not seen since before the existence of humans. This level signifies a more than one-third increase since pre-industrial times, posing significant risks to our world.

In the pursuit of advancing life sciences for the betterment of humanity, the life sciences industry has historically grappled with its impact on planetary health. Research labs, essential for ground-breaking discoveries, are often resource-intensive spaces, contributing significantly to environmental challenges. Nevertheless, a gradual shift is underway as real estate companies operating within the life sciences industry recognize the imperative of Environmental, Social, and Governance(ESG) efforts to address these issues.

Labs are among the most energy-intensive facilities, consuming 3 to 6 times more energy per square meter than standard office buildings. This increased energy demand is largely due to the use of specialized equipment, but a substantial portion (50 to 80%) also stems from the need for extensive ventilation systems. Factors such as the concentration of high-usage equipment, long operating hours, and the requirements for controlled temperature and humidity levels contribute to the high energy usage. In addition to energy, laboratories also require significant amounts of water, generate considerable waste, and are sources of chemical emissions. However, it's encouraging to note that with current technology, most laboratories could reduce their energy consumption by 30 to 50%, demonstrating a substantial potential for efficiency improvements.

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‍Our Commitment to Building a Greener and Better Ecosystem

Real estate firms engaged in building and managing life sciences infrastructure have begun to make concerted efforts to advance energy-efficient solutions. In South Asia, the circle of life sciences infrastructure operators that adhere to a higher sustainability standard is notably low. Neovantage Innovations Parks distinguishes itself within this niche as a premier owner and operator of an expansive array of Grade 'A' sustainable infrastructure solutions, tailored to meet the rigorous demands of energy efficiency and environmental sustainability. Our commitment to sustainability is reflected in our dedication to incorporating green technologies and practices throughout our portfolio.

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Energy Conservation Initiatives:

Our energy efficiency efforts have led to significant environmental benefits through several key initiatives:

• Air Conditioning Upgrade: Replacing old units with new, CFC-free air conditioners has improved cooling efficiency and reduced environmental harm.
• APFC Panel Installation: By installing APFC panels, we effectively manage power for heavy-duty equipment like chillers, enhancing energy savings.
• Solar-Powered Lighting: Adopting solar energy for street lighting across its facilities not only lowers reliance on conventional power but also supports community sustainability.
• LED Lighting Transition: Switching to LED lighting in common areas has cut energy use significantly, thanks to their efficiency and durability.
• Automated Cut offs for Equipment: Automating power shutoffs for specific research utilities has drastically reduced energy waste, with savings of up to 95% for some devices.

These measures collectively contribute to a reduction of about 280,000 kWh in annual energy consumption and cut CO2 emissions by 220 tons.

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Water Conservation Initiatives:

We have also embraced a variety of water conservation methods to enhance efficiency and sustainability. Some of the key initiatives are:

• Landscaping Water Efficiency: By processing 100% of domestic waste at all sites, the treated water is repurposed for gardening, with sprinklers optimized for rrigation.
• Storm water Reuse: Specialized systems are implemented for collecting rainwater, which is then funneled into rainwater harvesting pits, with overflow stored in a dedicated tank for future use.
• Permeable Paving: Parking areas are paved with grass-crete pavers, promoting groundwater recharge by allowing water infiltration.
• Efficient Cleaning Technology: The use of automated cleaning equipment maximizes efficiency, covering more area per hour while using less water and enhancing cleanliness.
• Water Flow Optimization: Taps and urinals are calibrated to optimize water usage and prevent wastage, contributing to overall water savings.

These initiatives demonstrate our dedication to creating a greener, more sustainable ecosystem that supports both the advancement of science and the well-being of our communities. As we continue to push the boundaries of life sciences real estate, we remain committed to doing so in a manner that respects and preserves our environment. This commitment is not just an integral part of our business model but is a testament to our goal for a healthier, greener, and more sustainable world.

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To learn more about our sustainability initiatives, please contact us

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