The Fact Maker

Mindspace Business Parks REIT awarded 10 Sword of Honour for Health and Safety Management by British Safety Council

Bengaluru: Mindspace Business Parks REIT (BSE: 543217 | NSE: MINDSPACE) (‘Mindspace REIT’), owner and developer of quality Grade A office portfolio, has received 10 Sword of Honour Awards from British Safety Council for the year 2024. This marks the sixth consecutive year that Mindspace REIT has been recognized for its exemplary commitment to safety, setting a new standard as the REIT with the highest number of Sword of Honour awards among all listed REITs. Each of the 10 participating assets in the REIT’s portfolio has been awarded this prestigious accolade, showcasing the organization’s unwavering dedication to safety excellence. The assets that are honoured include: Mindspace Airoli East, Mindspace Airoli West, Paradigm Mindspace Malad, The Square Signature Business Chambers (Nagar Road), Mindspace Madhapur (for its 3 SPV’s Sundew Properties| K Raheja IT Park and Intime Properties) Commerzone Yerawada, Gera Commerzone Kharadi and Commerzone Porur.

Peter McGettrick, Chairman of British Safety Council, said: “On behalf of the board of trustees and staff of the British Safety Council I would like to congratulate Mindspace Business Parks REIT on achieving the highest standards of its health and safety management. These awards recognise the commitment, dedication and absolute professionalism undertaken. We are proud to support your organisation in its achievement and delighted we can contribute to your ongoing success”

Mike Robinson, Chief Executive of British Safety Council, added: “I would like to congratulate Mindspace Business Parks REIT and its staff on this award, in tribute to their commitment to keeping their workplace safe and healthy and/or contributing to safeguarding the environment. All of the Sword, Globe and Shield – award-winning organisations share a commitment and resolve to achieve the uppermost standards of health and safety. We thank Mindspace REIT for contributing to achieving our vision that no-one should be injured or made ill through their work.”

Mindspace REIT’s achievement is supported by several initiatives, including visible leadership commitment, robust safety management systems, comprehensive mental health support programs like Employee Assistance Programs and a well-structured risk management framework. Going forward, Mindspace REIT plans to further enhance its health and safety practices by leveraging advanced technologies for performance tracking and strengthening its behaviour-based safety programs.

Speaking on this achievement, Mr. Ramesh Nair, CEO, Mindspace Business Parks REIT, said, “This recognition from British Safety Council affirms our commitment to creating safe and healthy environments across our portfolio. At Mindspace REIT, we believe that fostering secure and supportive workplaces lays the groundwork for dynamic, thriving communities. Each day, our teams dedicate themselves to upholding the highest standards in occupational health and safety, cultivating spaces where both businesses and people can flourish. Being honoured across 10 of our assets reflects our consistent focus on ESG excellence and strengthens our resolve to set new benchmarks in creating sustainable, healthy workspaces.”