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RMZ Corp has become the first Indian real estate company to be one of the first signatories of the First Movers Coalition (FMC). FMC is a global decarbonisation initiative launched by the World Economic Forum and the US government during COP26. At COP27 in Egypt, the 65-member coalition committed $12 billion to commercialise zero-carbon technologies and cut emissions in the cement and concrete sector by way of purchasing commitments for low-carbon technology. RMZ Corp joined the coalition along with nine other companies at COP27. As an FMC company, it has committed to purchasing at least 10 per cent of near-zero cement and concrete per year by 2030. Commenting on the development, Jayakumar K Senior Managing Director & Member of Executive Board, RMZ Corp, said, 鈥淲e are incredibly proud to be the first Indian real estate company to be one of the first signatories of the First Movers Coalition. We are excited to join the network that is committed to purchasing at least 10% near-zero cement and concrete per year by 2030. Purchase commitments will stimulate the clean technology market with more investments in decarbonizing technologies. Our goal has been to imagine, create, operate, and transform for a greener, more liveable planet. From a decarbonisation standpoint, we would like to lead and drive the shift to a net-zero economy. Joining the Coalition only reiterates our commitment to this.鈥� RMZ follows industry-leading sustainability best practices and the building of efficient and resilient properties that are future-ready. As one of the country鈥檚 largest developers and owners of real estate, it follows environmental sustainability standards consistent with the expectations of occupier clients and users.