Adani Group's Ambuja Cements announced that it had joined the Alliance for Industry Decarbonisation (AFID), a global collective aimed at accelerating the Net Zero transition in line with the Paris Agreement. According to the statement, Ambuja is the first cement manufacturer globally to join AFID, a platform for exchanging insights and experiences among stakeholders in energy-intensive industries. The company revealed its goal of achieving Net Zero by 2050, with targets validated by the Science Based Targets initiative (SBTi). Ambuja has also committed to investing Rs 100 billion in renewable energy projects, which include 1GW capacity in green energy and 376 MW from Waste Heat Recovery Systems (WHRS), with the aim of powering 60% of its expanded capacity using green energy by FY2028. This initiative, the company believes, will significantly reduce its carbon footprint while offering substantial economic benefits. In FY24, Ambuja Cements used over 8.6 million tonnes of waste-derived resources and became 11 times water-positive and 8 times plastic-negative. Karan Adani, Non-Executive Director of Ambuja Cements, noted that joining the AFID is a crucial step in the company’s sustainability efforts. He highlighted that Ambuja is already one of the world’s lowest emission-intensity cement producers and that being part of AFID would allow the company to both share and benefit from global industry insights on decarbonisation. The AFID, coordinated by the International Renewable Energy Agency (IRENA), seeks to foster dialogue and increase cooperation across industries to develop robust decarbonisation strategies aligned with national commitments.