UltraTech tops 2023 sustainability rankings as no. 1 cement firm
Cement

UltraTech tops 2023 sustainability rankings as no. 1 cement firm

Ultratech Cement, which is India's largest cement and ready mix concrete company, has achieved the top position in Sustainability within the Infrastructure and Engineering sector. This recognition was given by Sustain Labs Paris and BW Businessworld's India's Most Sustainable Companies list for the 2022-2023 period.

An improvement in Ultratech's overall ranking in the India's Most Sustainable Companies list has been observed. Previously ranked 15th in 2021-22, the company has now advanced two positions to the 13th rank in 2022-23. This progress reflects the notable advancements made by Ultratech in its key areas of sustainability focus, including decarbonisation, circular economy, energy transition, water conservation, and biodiversity management. Additionally, Ultratech has been actively engaged in community development initiatives.

The rankings were announced during an awards ceremony that took place in New Delhi on June 20th, 2023. Sustain Labs Paris conducted extensive research to evaluate the sustainability performance of India's 500 largest companies by revenue for the fiscal year 2023, using the SLP Sustainability Cube framework. Based on this research and the discussions of a respected jury, 200 companies were chosen as India's Most Sustainable Companies for the period of 2022-23.

Also read:
Shree Cement plans Rs 60 billion investment for capacity boost
Crisil: Cement prices may decrease 1-3% despite strong demand


Ultratech Cement, which is India's largest cement and ready mix concrete company, has achieved the top position in Sustainability within the Infrastructure and Engineering sector. This recognition was given by Sustain Labs Paris and BW Businessworld's India's Most Sustainable Companies list for the 2022-2023 period. An improvement in Ultratech's overall ranking in the India's Most Sustainable Companies list has been observed. Previously ranked 15th in 2021-22, the company has now advanced two positions to the 13th rank in 2022-23. This progress reflects the notable advancements made by Ultratech in its key areas of sustainability focus, including decarbonisation, circular economy, energy transition, water conservation, and biodiversity management. Additionally, Ultratech has been actively engaged in community development initiatives. The rankings were announced during an awards ceremony that took place in New Delhi on June 20th, 2023. Sustain Labs Paris conducted extensive research to evaluate the sustainability performance of India's 500 largest companies by revenue for the fiscal year 2023, using the SLP Sustainability Cube framework. Based on this research and the discussions of a respected jury, 200 companies were chosen as India's Most Sustainable Companies for the period of 2022-23. Also read: Shree Cement plans Rs 60 billion investment for capacity boost Crisil: Cement prices may decrease 1-3% despite strong demand

Next Story
Real Estate

The Only Way is Up!

In 2025, India’s real-estate market will be driven by a confluence of economic, demographic and policy-driven factors. Among these, Boman Irani, President, CREDAI National, counts rapid urbanisation, the rise of the middle class, policy reforms like RERA and GST rationalisation, and the Government’s decision to allow 100 per cent FDI in construction development projects (including townships, housing, built-up infrastructure, and real-estate broking services).In the top metros, especially Bengaluru, followed by Hyderabad and Pune, the key drivers will continue to be job creation a..

Next Story
Building Material

Organisations valuing gender diversity achieve higher profitability

The building materials industry is projected to grow by 8-12 per cent over the next five years. How is Aparna Enterprises positioning itself to leverage this momentum and solidify its market presence?The Indian construction and building materials industry is projected to witness significant expansion, with estimates suggesting an 8-12 per cent compound annual growth rate (CAGR) over the next five years. This growth is fuelled by rapid urbanisation, increased infrastructure investments and sustainability-focused policies. With India's real-estate market expected to reach $ 1 trillion by 2030, t..

Next Story
Real Estate

Dealing with Delays

Delays have beleaguered many a construction project in India, hampering the country from building to its ability and potential, and leading to additional costs incurred by the contractor. The reasons for delayIn India, delays mainly occur owing to obtaining statutory approvals, non-provisioning of right of way, utility diversion and approval of drawings and design. Delays are broadly classified based on responsibility and effect. Excusable delays arise from factors beyond the contractor’s control, such as force majeure events or employer-induced delays. These delays generally entitle th..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?