UltraTech Cement’s climate change score improves

UltraTech Cement, the cement flagship company of the Aditya Birla Group, has been recognised as a leader in climate change by Carbon Disclosure Project, a global non-profit environmental organisation, for its 2022 CDP disclosure. The Mumbai headquartered company received an ‘A-’ score for implementing best practices and for taking concerted action on climate issues.

The company’s 'A-' score is a significant improvement from its previous score of ‘B’. The recognition reflects the consistent progress made by the company in driving its decarbonisation agenda.

UltraTech is a signatory to the Global Cement and Concrete Association's Climate Ambition 2050. It has committed to ‘Net Zero Concrete Roadmap’ announced by the association.

UltraTech in a release said that it focuses on using globally emerging technologies, enhancing product mix with environment-friendly products, increasing green energy usage in its operations and digitalisation of processes, in addition to adoption of carbon pricing.

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"The company has taken a holistic approach to embed sustainability across its value chain. It has integrated low carbon strategy into its business conduct. It is scaling up investments in the development of innovative products and services, improving energy efficiency, increasing the share of renewable energy and scaling up the use of alternative fuels and raw materials (AFR) in its manufacturing operations," the release said.

The company has set targets for reducing Green House Gas (GHG) emissions. The company has committed to reducing Scope 1 GHG intensity by 27 per cent by 2032, from the base year of 2017. Besides, the company has also committed to reducing Scope 2 GHG intensity by 69 per cent by 2032.

The company aims to scale up its green energy mix to 34 per cent of its total power requirement by 2024.