Ambuja Cement achieves Bronze Class distinction at S&P Global Sustainability Awards 2022
Published by Emily Thomas,
Ambuja Cement Ltd., part of the global conglomerate Holcim Group, has been honoured with a Bronze Class distinction in the Sustainability Awards 2022 organised by S&P Global for promoting and implementing excellent environmental, social, and corporate governance practices. In 2021, the company was also ranked fifth globally by the internationally renowned Dow Jones Sustainability Index (DJSI) in the construction materials category.
Over 7500 companies from 61 industries took part in the S&P Global Corporate Sustainability Assessment and were recognised based on their results. Ambuja Cement’s ongoing commitment towards sustainability lead to the company’s achievement.
Mr. Neeraj Akhoury, CEO India Holcim and MD & CEO of Ambuja Cements Ltd. said, “It is a moment of pride that our sustainability performance has once again been recognised globally. Sustainability is at the core of our businesses and is of paramount importance for the group. We plan to continue our efforts in this direction and work responsibly towards achieving net zero target by 2050.”
The company has been consistently exploring innovative ways to promote sustainable construction. Ambuja’s green products portfolio that consists of Ambuja Plus, Ambuja Kawach, Ambuja Compocem and Ambuja Cement (PPC) has contributed towards the company’s sustainability goals and objectives.
Furthermore, Ambuja is recognised for tackling water scarcity – it is the only company that is certified for becoming eight times water positive. To contribute towards a circular economy, Ambuja co-processed around 2.75 lakhs t of waste in its kilns and captive power plants including more than 83 000 tons of plastic waste. Overall, it consumes about 8 million t of waste derived alternative raw materials such as fly ash, slag, and synthetic gypsum in the manufacturing process.
Ambuja Cement utilises waste heat recovery systems (WHRS) and uses more renewable energy, while reducing the amount of clinker used in cement manufacturing in order to generate clean and green energy.
Read the article online at: https://www.worldcement.com/indian-subcontinent/22022022/ambuja-cement-achieves-bronze-class-distinction-at-sp-global-sustainability-awards-2022/
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