Ambuja Cements ranks 5th on Global Capital Hurun India Impact 50

Ambuja Cements Ltd, a member of the Holcim Group, has ranked 5th on the 2021 Capri Global Capital Hurun India Impact 50—a list of the top 50 companies headquartered in India.

Ambuja Cements was ranked based on its alignment with the United Nations’ 17 Sustainable Development Goals (SDGs). This ranking functions as a recognition of the firm’s impactful work toward building a more sustainable future and forming higher standards in India’s cement sector.

The award citation from 2021 Capri Global Capital Hurun India Impact 50 also underlined the efforts of Ambuja Cements in three major UN SDGs, namely Clean Water & Sanitation, Sustainable Cities, and Communities.

Ambuja Cements has aligned with its parent Holcim’s Net Zero plan and sustainability plan. The firm has developed 2030 carbon emission reduction targets that have been validated by Science-Based Target Initiatives (SBTi), and it has collaborated with the Carbon Disclosure Project (CDP), India’s SBTi Incubator Program to execute a decarbonisation roadmap.

Neeraj Akhoury, CEO of Holcim India and Managing Director & CEO, of Ambuja Cements, told the media that the mainstreaming of sustainability is the most important affirmative step taken by the global cement industry. The company’s sustainability plan and the roadmap to reaching Net Zero are closely aligned with Holcim’s commitment to becoming a net-zero carbon company by 2050 that will be calculated by clearly defined science-based targets.

Ambuja Cements is also infusing in clean energy efforts like Waste Heat Recovery System to decrease clinker factor, energy efficiency (thermal & electrical) and usage of renewable energy from waste derived resources or alternative fuels, optimising fuel composition and rainwater harvesting.

The firm has tied up with the Indian Institute of Technology (IIT) to create green products like limestone calcined clay cement, which will allow a further decrease in its carbon footprint. The firm was the first cement company globally to be designated to the CDP 2021 ‘A’ list for water security.

Ambuja Cements has also been driving growth in usage of waste-derived resources like fly ash and slag in producing cement.

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Also read: Holcim Group to sell Ambuja Cement and ACC Ltd

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