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MD & CEO of Dalmia Cement joins Feike Sijbesma as Carbon Pricing Champion of the CPLC

Published by , Deputy Editor
World Cement,

Mr. Mahendra Singhi, Managing Director & CEO of Dalmia Cement (Bharat) Limited has been invited to represent the Carbon Pricing Leadership Coalition as Carbon Pricing Champion. CPLC is a global coalition promoted by the World Bank Group. It is represented by 34 national and sub-national governments, 172 private sector organisations 100 strategic partners NGOs, business organisations, and universities.

The Carbon Pricing Leadership Coalition (CPLC) is a voluntary initiative aimed at accelerating climate change by securing the place of carbon pricing on the global agenda. The international group consisting of influential torchbearers of climate change appreciated Mr. Singhi for demonstrating leadership and a high level of commitment towards carbon pricing on behalf of Dalmia Cement. The coalition has further acknowledged the dynamic engagement of Mr. Singhi with CPLC board members and expressed the desire to get more strategic input from him in the future. Mr. Mahendra Singhi will now work with global business leaders like Feike Sijbesma, Honorary Chair of Board of Royal DSM to devise Carbon Pricing strategies for the Asia-Pacific region.

The Carbon Pricing Leadership Coalition (CPLC) is considered to be one of the world's most credible institutions that encourages and brings together leaders from the government, business, academia and civil society to address various issues related to climate change.

The entire Dalmia Cement family is extremely proud that a global and highly admirable platform like CPLC has recognised the company’s efforts towards achieving a higher benchmark of sustainability. DCBL has also chalked out an ambitious plan of becoming carbon negative by 2040.

As a company, Dalmia Cement (Bharat) Ltd. has always been committed to the betterment of the environment and has consistently focused on sustainable practices. The group is recognised as one of the five Climate Defenders by BBC World, is more than five times water positive and is rated globally No.1 in the cement sector by CDP on business readiness for a low carbon economy transition. The group has also pledged its support to His Royal Highness, Prince Charles, for the newly launched green initiative Terra Carta – a sustainable roadmap to 2030 created to make businesses move towards a purposeful and sustainable future.

Also, as an important member of the Global Cement and Concrete Association (GCCA) and World Cement Association (WCA), DCBL is taking ambitious steps towards ensuring that the whole industry reduces GHG emissions with various initiatives such as TERI-Near Net Zero Charter, UN Leadership Group for heavy-industry net-zero transition and as COP 26 Business Leaders.

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