Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Circular Economy
• Environment
• People and Community

Environmental Achievements

• 43% Reduction in net CO2 per tonne of cementitious product (Scope 1) relative to year 1990
• 9.15% Thermal Substitution Rate (TSR) for the period of Jan’22 to Mar’23 by maximising the usage of alternative fuels and launching of 'Geoclean'
• 22.4 Megawatt (MW) of WHRS commissioned and 55.8 MW WHRS under commissioning
• Reduced specific freshwater consumption in cement operations from 60 litres/tonne of cementitious material in January 2021 - December 2021 to 59.75 litres/tonne of cementitious material in January 2022-March 2023
• Reduced specific water consumption to 126 litres/ tonne of cementitious material from 136 litres/tonne between January 2021 and December 2021
• Increased contribution of harvested water used in cement operations to 52.4% of total water consumption

Social Achievements

• Launched India's 1st 'Houses of Tomorrow' with Green Products and Smart Practices
• 3.5 million total beneficiaries reached through CSR initiatives
• 1.2 million people directly benefited through community development projects
• 26.5% reduction in LTIFR against target of 0.34
• 26% gender diversity at the heart of operations in CCR and quality roles
• 67,235 total hours of training for employees

Governance Achievements

• 100% Committees headed by Independent Directors
• 50% Independent Directors on the Board
• 12.5 % Diversity on the Board

Climate Goals & Targets

Environmental Challenges

• Unprecedented surge in the prices of coal, gypsum and other raw material
• Geo-political conflict causing global disruptions along with stubborn inflation
• Spiralling raw material and fuel prices
• Prolonged shutdown at Himachal Pradesh unit

Mitigation Strategies

• Changing fuel basket and reducing import dependency by ramping up captive coal block production and using Group’s expertise to source low-cost coal
• Actively sought alternative materials to reduce gypsum usage
• Around 20% optimisation of warehouse network and efficiency leading to estimated H 12 crore savings in rent
• Achieved substantial reductions in lead distance, resulting in improvement in cost competitiveness

Supply Chain Management

Responsible Procurement

• Supplier code of conduct
• Sustainable sourcing

Climate-Related Risks & Opportunities

Transition Risks

• Regulatory Changes

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: International Framework, GRI Standards, TCFD, NVG-SEE, Indian Accounting Standards, SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, Secretarial Standards

Third-party Assurance: TUV India Private Limited

Sustainable Products & Innovation

• ACC ECOMaxX
• ACC AEROMaxX
• ACC Coolcrete
• ACC Bagcrete
• ACC Gold Water Shield

Awards & Recognition

• Ranked amongst ‘India’s Most Trusted Cement Brand 2023’ by TRA
• Ranked amongst ‘Best Companies To Work For’ in Construction and infrastructure sector by Business Today
• Ranked amongst ‘India’s Top 50 Most Sustainable Companies’ Cross-Industry by BW Businessworld
• 'Best Customer & Influencer Engagement Initiatives’ award

Environmental Metrics

ESG Focus Areas

• Climate Change
• Water Stewardship
• Eco-development of Supply Chain
• Quality and Safety of Products
• CSR
• Social development of Supply chain
• Diversity, Equality & Inclusion
• Talent acquisition, development & retention
• Healthy and Safe working conditions
• Cybersecurity and data privacy
• Transparent Governance, Business ethics and Zero corruption

Environmental Achievements

• Planted more than 70,000 trees, including mangrove plantation in Sunderbans and urban plantation at CRPF camps.
• Implemented various energy conservation measures resulting in total energy consumption of 3357438 KWH in 2023-24.

Social Achievements

• Maintained cordial industrial relations.
• Undertook several activities on industrial safety and production related aspects.

Governance Achievements

• Successfully listed equity shares on the Metropolitan Stock Exchange of India Limited (MSEI) on January 19, 2024.
• Strengthened governance framework and enhanced sustainability efforts.

Climate Goals & Targets

Environmental Challenges

• Roll-out of 5G driving down high-volume enclosures required.
• New players in the SMB segment driving down prices.
• Dependency on few key accounts in some segments.
• Loss of suppliers or failure by suppliers to deliver primary raw materials.
• Loss of key customers or deterioration of their financial condition.
• Risk of cyberattacks and data security.
• Volatility in raw material and energy prices.
• Inability to expand or effectively manage distributors.
• Developments in the competitive environment.
• Exposure to foreign currency fluctuation risks.

Mitigation Strategies

• Realigned business plans to focus on key growth sectors (IT racks for data centers).
• Robust operational strategy, regular monitoring, appropriate policies and controls to mitigate risks.

Supply Chain Management

Supplier Audits: 100% of suppliers assessed (virtual and onsite)

Responsible Procurement

• Supplier code of conduct
• Independent risk assessment of suppliers
• On-site supplier audits in line with Responsible Business Alliance (RBA) protocol
• Decent Work program at suppliers

Climate-Related Risks & Opportunities

Opportunities

• Progress towards renewable sources of energy

Reporting Standards

Frameworks Used: GRI, SASB, TCFD, UNGC, BRSR

Certifications: ISO 9001, ISO 14001, ISO 45001, ISO 50001, BIS

Third-party Assurance: TUV SUD South Asia Limited