Our Sustainability Standards

Integrated Reporting (IR)
SEM Sustainability index
Sustainable Development Goals

Green Actions:
From Waste to Worth

Natural capital is essential to creating long-term value, making its protection a core priority for our business in Mauritius and our overall sustainability journey. We are dedicated to identifying and understanding the most material and critical environmental challenges related to our activities. By consistently measuring our impact, we can effectively address areas that require the most attention and minimise negative effects. Cultivating a culture that prioritises environmental responsibility and sustainability is central to all our actions: we work to raise awareness and inspire positive behaviours not only internally, among our employees, but also across our value chain.
Focus Areas

Waste management

Key achievements
We are enhancing recycling and waste reduction across our malls. At Bagatelle Mall, a new cardboard compacting station with WeCyle gives cardboard a second life, while a redesigned bin area with a sorting conveyor improves segregation. With our new waste management partner, we are boosting recycling efficiency across the portfolio, supported by sorting bins in food courts and common areas, already in place at Bagatelle and soon to be extended to all our malls
Impact
Sustainable consumption & production
Focus Areas

Sustainable energy solutions

Key achievements
In June 2025, our solar farms have generated 6.7MW of clean energy (our optimal capacity), significantly reducing our carbon footprint and supporting the shift to greener power. To support clean mobility, we have installed EV chargers at five malls in partnership with E-Motion and Total Energy and have rolled out e-bike facilities at Bagatelle Mall. Going forward: an Energy Conservation Program (ECP) will guide tenants on energy-efficient practices.
Impact
Shift to a low-carbon economy
Focus Areas

Protecting biodiversity in Mauritius

Key achievements
A feasibility study is underway for a new Sewage Treatment Plant (STP) at Bagatelle Mall, aimed at cleaner discharge and enhanced biodiversity protection.
Impact
Biodiversity regeneration
Focus Areas

Sustainable water management

Key achievements
We invest in advanced water management systems that harvest rainwater and treat wastewater efficiently, reducing reliance on municipal supplies and promoting responsible consumption. Bo’Valon Mall currently treats and reuses 86% of its wastewater, a benchmark we aim to roll out across our properties through FY26.
Impact
Biodiversity regeneration
Green Building

Green building in Mauritius

Key achievements
Phoenix Mall is on track to achieve LEED Certification. For the remaining malls, green certification assessments and gap analyses are being planned to align with international sustainability standards. All new projects are being designed using green building practices with the objective of achieving Green certification.
Impact
Green certification
Green Actions:
From Waste to Worth
Natural capital is essential to creating long-term value, making its protection a core priority for our business in Mauritius and our overall sustainability journey. We are dedicated to identifying and understanding the most material and critical environmental challenges related to our activities. By consistently measuring our impact, we can effectively address areas that require the most attention and minimise negative effects. Cultivating a culture that prioritises environmental responsibility and sustainability is central to all our actions: we work to raise awareness and inspire positive behaviours not only internally, among our employees, but also across our value chain.
Focus Areas
Waste Management
Key achievements
We are enhancing recycling and waste reduction across our malls. At Bagatelle Mall, a new cardboard compacting station with WeCyle gives cardboard a second life, while a redesigned bin area with a sorting conveyor improves segregation. With our new waste management partner, we are boosting recycling efficiency across the portfolio, supported by sorting bins in food courts and common areas, already in place at Bagatelle and soon to be extended to all our malls.
Impact
Sustainable consumption & production
Focus Areas

Sustainable energy solutions

Key achievements
In June 2025, our solar farms have generated 6.7MW of clean energy (our optimal capacity), significantly reducing our carbon footprint and supporting the shift to greener power. To support clean mobility, we have installed EV chargers at five malls in partnership with E-Motion and Total Energy and have rolled out e-bike facilities at Bagatelle Mall. Going forward: an Energy Conservation Program (ECP) will guide tenants on energy-efficient practices.
Impact
Shift to a low-carbon economy
Focus Areas

Protecting biodiversity in Mauritius

Key achievements
A feasibility study is underway for a new Sewage Treatment Plant (STP) at Bagatelle Mall, aimed at cleaner discharge and enhanced biodiversity protection.
Impact
Biodiversity regeneration
Focus Areas

Sustainable water management

Key achievements
We invest in advanced water management systems that harvest rainwater and treat wastewater efficiently, reducing reliance on municipal supplies and promoting responsible consumption. Bo’Valon Mall currently treats and reuses 86% of its wastewater, a benchmark we aim to roll outacross our properties through FY26.
Impact
Biodiversity regeneration
Green Building

Green building in Mauritius

Key achievements
Phoenix Mall is on track to achieve LEED Certification. For the remaining malls, green certification assessments and gap analyses are being planned to align with international sustainability standards. All new projects are being designed using green building practices with the objective of achieving Green certification.
Impact
Green certification

Sustainability performance and Key figures

Energy Solar contribution to CEB
FY25 23%
FY26 Target 25%
Water Management Wastewater reuse at Bo’Valon Mall
FY25 86%
FY26 Target 86% maintained
Waste Management Overall recycling rate
FY25 44%
FY26 Target 55%
Green Buildings Malls with Green/LEED Certification
FY27 4 malls