Ambuja Cements Limited
Climate Impact & Sustainability Data (2016, 2019, 2022-04 to 2023-03, 2023-04 to 2024-03)
Reporting Period: 2016
Environmental Metrics
ESG Focus Areas
- Climate Change
- Circular Economy
- Water & Nature
- People & Communities
- Health and Safety
Environmental Achievements
- Reduced net specific CO2 emissions by 29.7% from 1990 levels
- Became 5.5 times water positive
- Co-processed 51,405 tonnes of plastic waste (1.54 times the plastic used in cement bags)
- Used 2.6 lakh tonnes of alternative fuels
Social Achievements
- ACF reached over 1.8 million people across 21 locations
- ACF established 17 Skill and Entrepreneurial Development Institutes (SEDIs), training over 30,000 rural youth
- Supported 6,107 households for toilet construction
- Improved overall safety performance, significantly reducing onsite injuries
Governance Achievements
- Improved Dow Jones Sustainability Index score
- Won CII-ITC Sustainability Award
- Implemented an effective Health & Safety Improvement Plan (HSIP)
Climate Goals & Targets
- Not disclosed
- Reduce net specific CO2 emissions from cement plants by 40% (Vs. 1990) by 2030
- Use 13.5 million tonnes of waste-derived resources per year by 2030
- Reduce freshwater withdrawal in cement operations by 15% by 2030
- Improve water balance index to 6 by 2030
- Reduce LTIFR <0.20 by 2030
- Reduce TIFR by 50% by 2030
- Reduce net specific CO2 emissions from cement plants by 33% (Vs. 1990) by 2020
Environmental Challenges
- Energy costs (coal price escalations, stressed supplies)
- Water availability (unpredictable weather patterns)
- Climate change (physical risks to coastal facilities, water scarcity)
- Increasing logistics expenses
- Mining challenges (land acquisition, groundwater intersection, mine rehabilitation)
- Social unrest due to income inequalities in rural areas
Mitigation Strategies
- Reducing traditional energy consumption (greener fuels, blended cements)
- Water conservation (tracking water withdrawal, monthly Water Management Reports)
- Climate change mitigation (reducing clinker factor, improving thermal efficiency, waste heat recovery, alternative fuels)
- Strengthening distribution network, optimizing distribution costs
- Sustainable mining practices (surface miners, controlled blasting, overland belt conveyors, mine rehabilitation)
- Community engagement (Community Advisory Panels, Social Engagement Scorecard, Site Specific Impact Assessments)
Supply Chain Management
Supplier Audits: 4% of high-risk, high-spend suppliers in 2016
Responsible Procurement
- Sustainable Procurement Initiative (SPI)
- Supplier Code of Conduct (SSC)
- Third-party assessment (Avetta)
Climate-Related Risks & Opportunities
Physical Risks
- Rise in sea levels affecting coastal facilities
- Water availability issues in water-scarce regions
Transition Risks
- Dynamic fuel market
- Stringent environmental regulations
Opportunities
- Use of alternative fuels and raw materials
- Renewable energy investments
- Energy efficiency improvements
Reporting Standards
Frameworks Used: GRI Standards (Comprehensive)
Certifications: ISO 14001, OHSAS 18001
Third-party Assurance: Emergent Ventures India
UN Sustainable Development Goals
- Goal 1
- Goal 2
- Goal 3
- Goal 4
- Goal 5
- Goal 6
- Goal 7
- Goal 9
- Goal 10
- Goal 11
- Goal 12
- Goal 13
- Goal 15
- Goal 17
Details provided in the report on how various initiatives contribute to the UN SDGs.
Sustainable Products & Innovation
- Fly ash-based PPC cement
- Composite cement
- Alccofine micro-fine cement
- Dirk brand classified fly ash
Awards & Recognition
- CII-ITC Sustainability Award
- FICCI CSR Award
- Golden Lion at Cannes
- Rajasthan Energy Conservation Award
- Bombay Chamber Civic Award
- Sustainable Energy Development Award
- Gold Award at Greentech Safety Awards
- Best Channel Loyalty Programme Award
- Electrical Safety Award
- Institute of Internal Auditors’ Excellence Award
Reporting Period: 2019
Environmental Metrics
ESG Focus Areas
- Climate and Energy
- Circular Economy
- Environment
- Community
Environmental Achievements
- 31.3% reduction in specific net CO2 emissions per tonne (using 1990 baseline)
- 5.4% Thermal Substitution Rate attained through waste fed into kilns and captive power plants
- 94,570 tonnes of plastic waste co-processed in kilns (2.7 times the HDPE bags used for packaging)
- 8.7 million tonnes of waste-derived raw materials (fly ash, slag, etc.) used, bringing down the clinker factor to 64.9%
- Eight times Water Positive in 2019
Social Achievements
- Ambuja Cement Foundation (ACF) expanded social programs to 32 districts across 11 states, impacting over 2.6 million people
- ACF spent ₹62.57 crore on CSR (approximately 5% of the average net profit over the last three years)
- 27.6% reduction in total onsite injuries
- Significant progress in road safety: 39% drop in incidents and 46% reduction in injuries
Governance Achievements
- 89% average board attendance in 2019
- MD & CEO's variable compensation linked to ESG performance (15% weightage)
- Ethical View Reporting Committee received 51 complaints, investigated 34
Climate Goals & Targets
- Net positive impact on biodiversity by 2030
- Achieve 33% reduction in specific CO2 emission per tonne of cement (against 1990 levels) by 2020; 40% by 2030
- Increase use of waste-derived resources to 9 million tonnes by 2020; 13.5 million tonnes by 2030
- Reduce specific freshwater withdrawal by 15% by 2030
Environmental Challenges
- Slow GDP growth rate (5%) due to NBFC crisis and low private sector participation in construction
- Staggered monsoon, slowdown in construction projects, and shortage in raw materials
- Balance between capacity utilization rate and commissioning of new capacity in the Indian cement sector
- Increasing logistics expense and distribution cost
- Challenges associated with mining operations: land acquisition, mineral distribution, mineral quality, mine rehabilitation, biodiversity, and groundwater table intersection
- Widespread income inequalities in rural communities
- Demographic changes due to migrant workers
- Changes in regulations (environment, tax, competition)
- Scarcity of natural resources (limestone, coal, minerals)
- Climate change: physical risks (extreme weather events) and transition risks (regulatory changes, market shifts)
Mitigation Strategies
- Reducing energy consumption through process improvements, greener fuels, and blended cements
- Diversifying fuel mix/sources, coal block acquisition, use of alternative fuels, and long-term supply contracts
- Water conservation, utilization, and harvesting; target to reduce specific freshwater withdrawal by 15% by 2030
- Sustainable construction with internal product development, R&D, and technical services; 90% of product portfolio is low-carbon
- Optimizing distribution costs through sea transportation and collaboration with Indian Railways
- State-of-the-art mining techniques, environment-friendly and safe mining practices; mine rehabilitation and biodiversity protection
- Institutionalised community engagement through Community Advisory Panels; Social Engagement Scorecard
- Compliance in all areas; new emission control systems installed
- Circular economy model using waste-derived resources; target to increase use to 13.5 million tonnes by 2030
- Four focus areas for low-carbon operations: reduction in clinker factor; improving energy efficiency and process technology; waste heat recovery; and optimizing fuel composition; investment in renewable energy projects
Supply Chain Management
Supplier Audits: 518 (46.5%) of critical suppliers assessed for sustainability in 2019
Responsible Procurement
- Code of practice encouraging fair, open, and transparent competition
- Supplier Code of Conduct (SCC) covering SA 8000 and EMS ISO 14001 standards
- Supplier CSR and OH&S management system questionnaire
Climate-Related Risks & Opportunities
Physical Risks
- Increase in frequency and intensity of precipitation/extreme weather events
Transition Risks
- Increase in carbon tax on coal
- Renewable Purchase Obligations (RPO)
- Volatility in fossil fuel prices
- Increase in prices of Alternative Fuel and Raw Materials (AFR)
Opportunities
- Development of energy-efficient products
Reporting Standards
Frameworks Used: GRI Standards (Comprehensive)
Certifications: ISO 14001 (Environment Management System), ISO 50001 (Energy Management System)
Third-party Assurance: Third-party assurance provider (name not specified in provided text)
UN Sustainable Development Goals
- Goal 7 (Affordable and clean energy)
- Goal 13 (Climate action)
- Goal 6 (Clean water and sanitation)
- Goal 8 (Decent work and economic growth)
- Goal 1 (No poverty)
- Goal 2 (Zero hunger)
- Goal 3 (Good health and well-being)
- Goal 4 (Quality education)
- Goal 5 (Gender equality)
The report maps various initiatives to these SDGs.
Sustainable Products & Innovation
- Ambuja Tilocol (Tile adhesive)
- ColorSave (wall putty)
- Ambuja Plazto (Readymix plaster)
- Ambuja SeelanSeal (Integral water-proofing compound)
- Ambuja Kawach (premium water-proof cement)
- PuraSand
- AAC Cool Wall Blocks
- Ambuja Roof Plus
- Composite Plus
Awards & Recognition
- Ranked 4th globally in Dow Jones Sustainability Index 2019
- Ranked 6th in Responsible Business Ranking 2019
- Seven Domain excellence awards in Environment Management and CSR at CII-ITC Sustainability Award 2019
- Vasundhara Award 2019 from Maharashtra Government
- CII National Award 2019 as Energy Efficient Unit
- Best in Class Logistics Safety award
- Warehouse and Logistics Excellence – Manufacturing Company of the Year 2019 award
- Two MarTech Leadership Awards 2019 for Ambuja Brahmaand
Reporting Period: 2022-04 to 2023-03
Environmental Metrics
ESG Focus Areas
- Climate Change
- Water Management
- Circular Economy
- Biodiversity
- Diversity and Inclusion
- Human Rights
- Health and Safety
- Stakeholder Engagement
- Risk Management
- Supplier ESG
Environmental Achievements
- Reduced Scope 1 and Scope 2 GHG emissions by 21% per ton of cementitious materials by 2030 from a 2020 base year (target)
- 86% share of products are blended cement, resulting in 7,362,819 tCO2e emissions avoided
- Increased use of waste derived resources (target of 21 million tonnes by 2030)
Social Achievements
- Implemented several wellbeing programs for employees including sports and mental health initiatives
- Provided 4.8 hours of average training per employee
- Achieved an engagement rate of 4.03 out of 5 in a Gallup engagement survey
Governance Achievements
- Established a Corporate Responsibility Committee (CRC) overseeing sustainability and ESG performance
- Implemented a robust risk management process integrated into the enterprise risk management system
- CEO compensation linked to Cash Flow, RoC, and EBITDA targets
Climate Goals & Targets
- Net-Zero emissions (implied)
- Increase the share of waste derived resources to 21 million tonnes by 2030
- Increase WHRS capacity of 42 MW, provision to utilize 50% AFR and increase the share of renewables
- Reduce Scope 1 and Scope 2 GHG emissions by 21% per ton of cementitious materials by 2030 from a 2020 base year
Environmental Challenges
- Volatility of energy prices and availability of alternative fuels
- Water scarcity in some operating locations
- Climate change impacts on supply chain and operations
- Meeting stakeholder expectations regarding decarbonization
- Depletion of natural resources
Mitigation Strategies
- Developed and validated Science Based Targets (SBTi) aligned with the Well-Below 2 Degree Scenario (WB2DS)
- Increasing share of blended cement
- Increasing use of waste derived resources
- Climate risk management process integrated into enterprise risk management system
- Adaptation plan to mitigate physical climate risks
Supply Chain Management
Responsible Procurement
- On-site evaluation of vendors on health and safety and compliance to labor laws
- Vendor screening based on country of operations and risk categorization
- Continuous review and alignment to Supplier Code of Conduct
Climate-Related Risks & Opportunities
Physical Risks
- Sea level rise
- Temperature rise
- Heat waves
- Severe weather events
- Natural disasters
- Water scarcity
Transition Risks
- Volatility of energy prices
- Availability of alternative fuels
- Evolving regulatory landscape
- Increasing price of traditional fuels & alternative binders
- Meeting stakeholder expectations regarding decarbonization
Opportunities
- Development of low-carbon products/solutions
Reporting Standards
Frameworks Used: TCFD, SBTi
Sustainable Products & Innovation
- Blended cements
Reporting Period: 2023-04 to 2024-03
Environmental Metrics
ESG Focus Areas
- Climate and Energy
- Circular Economy
- Water and Nature
- People and Community
Environmental Achievements
- Reduced specific freshwater consumption from 64 to 44 litres/ tonne of cementitious material
- Achieved 11x water positive
- 8x plastic negative by co-processing of plastic waste
- Blended cement accounting for over 85% of production, reducing carbon footprint by 30%
- 7.76% Thermal Substitution Rate (TSR) achieved through co-processing of alternative fuels
Social Achievements
- Launched ‘BeConnected’ initiative to empower women
- CSR initiatives benefiting more than 4.67 million people
- Implemented comprehensive employee support programs
- 77% placement rate achieved for trainees in skill development programs
- Established 8 women’s federations with over 22,026 members
Governance Achievements
- Received a ‘Good’ rating in the Indian Corporate Governance Scorecard (2023) by IIAS
- Zero cases of bribery, corruption, or unethical conduct reported
- Zero breaches of Code of Conduct reported
- Implemented robust ESG governance framework
Climate Goals & Targets
- Net zero emissions by 2050
- Achieve 30% TSR by 2030
- Increase green power share to 60% by FY 2027-28
- Plant 2.42 million trees by 2030
- Reduce specific thermal energy consumption to 710 kCal/kg of clinker by 2030
Environmental Challenges
- Maintaining market position in a dynamic industry environment
- Compliance with changes in the regulatory landscape
- Health and safety priorities
- Fuel and raw material security challenges
- Cybersecurity threats
- Increased carbon pricing regulations
- Shift towards sustainable building materials
- Expectations of faster career shifts
- Climate-exacerbated logistic breakdowns
Mitigation Strategies
- Capacity expansion to 140 MTPA by FY 2027-28
- Investment in innovation and digitization
- Systematic review of systems, processes, and procedures to identify and address gaps in health and safety
- Optimizing fuel mix, enhancing plant efficiency, and increasing the use of alternative energy sources
- Securing adequate limestone resources
- Increasing the share of renewable energy and fuels in the portfolio
- Focusing on reducing process emissions, 96% of the product portfolio comprises blended cement
- Positioning as an employee-friendly workspace with a higher focus on wellbeing, equal pay, and equal opportunity
- Investing in training programs for regular upskilling and offering internal transfer options for employees
- Increasing supplier base with higher procurement from local suppliers
- Diversifying logistics routes and introducing new modes of transportation
Supply Chain Management
Supplier Audits: 114/year
Responsible Procurement
- Supplier Code of Conduct
- Supplier ESG Assessment
- Local procurement (93% from within India)
Climate-Related Risks & Opportunities
Physical Risks
- Pluvial flooding
- Cyclone
- Wildfire
- Extreme Temperature
- Water Stress
Transition Risks
- Policy and Legal
- Technology
- Market
Opportunities
- Use of lower emission sources of energy
Reporting Standards
Frameworks Used: GRI 2021 Universal Standards, UNGC, SASB, WEF-core metrics, UN SDGs, GCCA Sustainability Charter, TCFD, IFRS S2
Certifications: ISO 9001:2015, ISO 50001:2018, ISO 14001:2015, ISO 45001:2015, ISO 45001:2018
Third-party Assurance: Intertek India Private Limited
UN Sustainable Development Goals
- Goal 6 (Clean Water and Sanitation)
- Goal 7 (Affordable and Clean Energy)
- Goal 8 (Decent Work and Economic Growth)
- Goal 9 (Industry, Innovation and Infrastructure)
- Goal 12 (Responsible Consumption and Production)
- Goal 13 (Climate Action)
- Goal 15 (Life on Land)
Initiatives contributing to SDGs detailed in the report
Sustainable Products & Innovation
- Blended cement products (Ambuja Cement, Ambuja Plus, Ambuja Kawach, Ambuja Compocem)
Awards & Recognition
- India’s Most Trusted Cement Brand (TRA Research)
- India’s Top 50 Most Sustainable Companies (BW Businessworld)
- India’s Top 50 companies contributing to inclusive growth (SKOCH)
- Best Customer & Influencer Engagement Initiatives Award
- Best Customer Service Award