Aster DM Healthcare, a leading integrated healthcare provider in India and the Gulf Cooperation Council (GCC), has released its annual ESG Report, demonstrating an unwavering commitment to environmental sustainability, ambitious goals, and a track record of positive impact. The company’s ESG practice is aligned with ten key United Nations Sustainable Development Goals (UNSDGs), emphasizing its commitment to global goals.

Aster has strategically integrated renewable energy sources, as well as optimizing water utilization, waste management, and sustainable transportation management practices, into its day-to-day operations in pursuit of a greener tomorrow. Despite significant operational expansion, the company achieved a notable reduction in net greenhouse gas emissions of 6,824 tCO2e by integrating renewable energy sources such as 3,679,200 KWh solar energy, 2,300,000 KWh wind energy, and 3,569,298 KWh hydro energy. Decarbonization efforts at 5 hospitals continued, with a new 650 kWp solar plant commissioned at Aster Wayanad Specialty Hospital, which is expected to save 460 tCO2e per year.

Water conservation efforts have resulted in a 17% decrease in consumption across operations, with 85,515 KL saved through innovative practices such as recycling and rainwater harvesting.  Aster’s dedication to responsible waste management has resulted in the recycling of 423,806 KG of waste, demonstrating the organization’s all-encompassing approach to sustainability.

Commenting on the ESG practice, Dr Azad Moopen, Founder Chairman, Aster DM Healthcare said,

Our dedication to ESG principles is woven into the fabric of our corporate culture at Aster. We actively integrate sustainable practices into all aspects of our operations, recognizing that our commitment to environmental, social, and governance concerns is a fundamental ethos guiding our journey toward a more sustainable and responsible future. Notably, we have the highest ESG ranking among listed healthcare companies in India, having received a ‘Strong’ rating from CRISIL, as well as numerous awards and recognition from various industry bodies in the GCC. Looking ahead, we remain committed to raising our ESG standards even higher by aiming for a low-carbon, sustainable future. We intend to set new standards for environmental stewardship and social impact. Our goal is to constantly raise the bar, not just meet current standards.

Aster

Aster remains committed to advancing its environmental agenda through the implementation of a three-year plan. The organization has prioritized climate change mitigation, with a goal of reducing 2,000 tons of carbon emissions in India and the Gulf Cooperation Council. It also aims to cut paper consumption by two-thirds across the two geographies, with the ambitious goal of planting 3,500 trees in these areas. Aster also intends to construct a large-scale solar plant on 55 acres in Kasargod that will power seven hospitals in Kerala, India.

In addition to the four regions served by the Aid Program in FY23, two more will be added in FY24. Concurrently, plans call for the establishment of five Tele-Med Centres in the same fiscal year. Aster Volunteers Mobile Medical Services will grow from 32 to 41 units in FY24, covering a wide range of regions. Volunteer engagement aims to increase registered Aster Volunteers by 18% in FY24, with external partnerships playing a critical role in achieving these goals.

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