Ambuja Cement
Ambuja Cements Limited, following the lead of the Holcim group, has developed and got validated its 2030 carbon emission reduction targets by the Science Based Targets initiative (SBTi) aligned with the reductions required to limit global warming to well below 2°C. The company has signed the "Business Ambition for 1.5°C" pledge joining the Race to Zero campaign of the United Nations Framework Convention on Climate Change.

Ambuja Cement commits to reduce Scope 1 and Scope 2 GHG emissions by 21% per ton of cementitious materials by 2030 from a 2020 base year. With this target, Ambuja Cement commits to reduce scope 1 GHG emissions by 20% per ton of cementitious material and scope 2 GHG emissions by 43% per ton of cementitious materials in this timeframe.

"At Ambuja Cement, we are constantly dedicated and invested towards sustainable development and aim to include sustainability in all operational and project planning. With SBTs developed and validated, Ambuja Cement has now joined the group of global companies promoting an ambitious low carbon economy model for the industry. Being part of the Holcim group and one of the pioneers in the Indian Cement industry, we have taken another step towards strengthening our Climate Change adaptability by joining the Race to Zero. Ambuja Cement will continue to implement such best practices and adopt continuous improvement initiatives to achieve our business vision "To be most competitive and sustainable company in our industry", said Neeraj Akhoury, MD & CEO, Ambuja Cements Limited and CEO India, Holcim.

With these targets, Ambuja Cement commits to reduce its CO2 intensity in cement operations from 531 kg in 2020 to453 kg net CO2 per ton of cementitious material by 2030**. In line with the parent company Holcim Group's Net-Zero Pledge, Ambuja has taken several measures to reduce CO2 emissions, such as reducing the clinker factor, improving Thermal Substitution Rate, reducing Thermal and Electrical Energy intensity, implementing Waste Heat Recovery System and increasing capacity of renewable energy generation, and introducing new technologies. Ambuja Cement will continue to endorse low carbon products and sustainable solutions.

Ambuja Cement partnered with CDP India's SBTi Incubator Program to develop its science-based targets. Science-based targets (SBTs) enable companies to develop a clearly defined decarbonization roadmap that aligns with the goals of the Paris Agreement and promotes a Net-Zero energy system. By committing to science-based emissions reduction targets, AmbujaCement has positioned itself as an industry leader, showing the way for the sector's transformation to a low carbon sustainable future.
Ingka Centres, part of the Ingka Group, which also includes IKEA Retail and Ingka Investments, will invest around ₹3,500 crore amounting to €400

Read more ...

The Central government has approved ₹3,900 crore for building rail, road and allied infrastructure projects in Uttar Pradesh and Uttarakhand

Read more ...

The Inland Water Transport (IWT) department has signed an MoU with the World Bank for a ₹770 crore loan to improve river transportation

Read more ...

The Centre has initiated the process of creating the National Interlinking of Rivers Authority (NIRA), an independent autonomous body

Read more ...

ICRA Ratings reiterated that the outlook for the Indian Road logistics sector continues to remain stable, supported by improved economic recovery in Q2 FY2022, increased pace of vaccination, and decline in fresh Covid-19 cases from

Read more ...

Urban logistics spaces in India are expected to exceed 7 million sq. ft by 2022, as demand surges, according to JLL report 'India Urban Logistics - Are dark stores revolutionizing the sector?' The urban logistics industry in India

Read more ...

According to the Joint Secretary and Mission Director, Ministry of Housing and Urban Affairs, Kunal Kumar, India needs around USD 700 billion

Read more ...

The Greater Noida Industrial Development Authority (GNIDA) has launched an industrial plot scheme offering 91 plots ranging from 450 square

Read more ...

Adding to its project portfolio in the Buildings & Factories (B&F) segment, the construction wing of the Larsen and Toubro, has secured a prestigious

Read more ...

The Mumbai Metropolitan Region Development Authority has targeted to invest ₹5.01 lakh crore in the Mumbai Metropolitan Region on the

Read more ...

The Central Government and the Asian Development Bank (ADB) has signed a $251 million loan for climate-resilient, integrated urban flood protection

Read more ...

Patel Engineering Ltd. has witnessed a significant improvement in its overall performance due to a healthy order book position and opening up of

Read more ...

To develop the Narela sub-city in north Delhi on the lines of Dwarka sub-city, the Delhi Development Authority is building two new sectors for

Read more ...

Jharkhand Government has decided to build a new industrial corridor spread over 500 acres along a 311 km long highway connecting Govindpur to

Read more ...

SP E&C is taking conscious steps towards reducing air pollution and minimizing the impact of construction activities on the environment, informs Alok

Read more ...

Deep Foundations Institute of India (DFII) is affiliated with the Deep Foundations Institute (DFI), a US-based international non-profit organization established

Read more ...

Launching of an “Atmanirbhar Bharat’, Premier Video Security Brand; Technology for boosting movement in FASTag lane; Automatic Raised Rib Marking

Read more ...

The National Bank for Agriculture and Rural Development (Nabard) has sanctioned ₹608 crore for different infrastructure projects in rural areas

Read more ...

The Aditya Birla Group has planned to set up a paint unit in West Bengal at ₹1,000 crore investment which will be commissioned in the next

Read more ...

Gulf Islamic Investment (GII), a leading UAE-based Sharia-compliant financial services firm, has committed to invest ₹3,500 crore in India and will open

Read more ...

×
Sign-up for Free Subscription
'India Construction Week'
Weekly e-Newsletter on Construction Industry
Get the latest news, product launches, projects announced / awarded, government policies, investments, and expert views.