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Ambuja Cement moves up in Dow Jones Sustainability Index

Published by
World Cement,


Ambuja Cements Ltd., a part of the global conglomerate LafargeHolcim and one of the leading cement manufacturing companies in India, has moved two notches up to 5th rank globally in the Construction Material category of the Dow Jones Sustainability Index - 2018.

Ambuja Cement is the only Indian company to secure such a high rank – up by two positions as compared to the last year’s sustainability benchmarking.

The Dow Jones Sustainability Index (DJSI) are a family of benchmarks that uses a best-in-class approach to select sustainability leaders from various industry sectors across the world, enabling investors to track the companies’ performance and integrate sustainability considerations into their portfolios. Since the launch of the DJSI World in 1999, several other Dow Jones Sustainability Indices and new index families that rely on the Corporate Sustainability Assessment (CSA) results have been developed to meet a range of investor specific needs.

Ambuja Cement MD & CEO, Ajay Kapur, said: “We are truly honoured by this highest recognition for the second year in a row from the global DJSI ranking, which is regarded as the most respected independent sustainability ranking system. While this accomplishment reaffirms Ambuja Cement as the clear leader in sustainability, what makes us feel even more proud is the fact that we have outdone ourselves on this front despite challenges; and moved up in the ranking.”

Kapur added: “This is yet another step drawing us closer to achieving our vision as the most sustainable company in the industry. The recognition like this further strengthens our commitment to perform even better in our ongoing sustainability journey, creating greater value to all stakeholders – customers, investors, employees and society at large.”

The company received a perfect 100 score in six areas, including Tax Strategy, Materiality, Sustainable Construction, Environmental Reporting, Environmental Policy & Management Systems as well as Water Related Risks, along with another seven elements scoring over 85 percentile.

Read the article online at: https://www.worldcement.com/asia-pacific-rim/18092018/ambuja-cement-moves-up-in-dow-jones-sustainability-index/

 

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