ACC Limited
Climate Impact & Sustainability Data (2021, 2023-04 to 2024-03, January 2022 to March 2023)
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Livelihood advancement
- Education
- Health and Sanitation
- Environmental Sustainability
- Sports, Arts and Culture
Social Achievements
- ACC DISHA: Provides alternate livelihoods to unemployed youth.
- ACC Swawlamban: Empowers women through self-help groups and micro-enterprises.
- ACC LEISA: Improves farmers' incomes through sustainable agriculture.
- ACC Vidya Utkarsh: Improves access to quality education.
- ACC Vidya Sarathi: Provides scholarships for meritorious students.
- ACC Arogyam: Enhances health and well-being through preventive healthcare.
- ACC Sampurna Swachhata: Promotes hygiene and sanitation.
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: UN Sustainable Development Goals (SDG)
Reporting Period: 2023-04 to 2024-03
Environmental Metrics
Total Carbon Emissions:14,532,542 tCO2e/year
Scope 1 Emissions:14,532,542 tCO2e/year
Scope 2 Emissions:6,05,457 tCO2e/year
Scope 3 Emissions:6,016,541 tCO2e/year
Renewable Energy Share:13.1%
Total Energy Consumption:18,440,303.10 MWh/year
Water Consumption:14,336,135.48 m3/year
Waste Generated:499,279.95 tons/year
Carbon Intensity:0.525 tCO2e/tonne of cementitious material
ESG Focus Areas
- Climate and Energy
- Circular Economy
- Water and Nature
- People and Community
Environmental Achievements
- Reduced Scope 1 GHG emissions by achieving a clinker factor of 55.6%
- Increased renewable energy share to 13.1% of total energy use
- Achieved 7x plastic negative impact
- Utilized 12.7 million tonnes of waste-derived resources
- Achieved 1x water positive
Social Achievements
- Launched BeConnected initiative to empower women
- Implemented various employee support and wellbeing measures
- Provided 15.5 average training hours per employee
- Benefited 1.4 million people through CSR initiatives
- Zero fatalities
Governance Achievements
- Established robust ESG governance structure
- Maintained zero cases of bribery, corruption, and conflicts of interest
- Implemented a comprehensive cybersecurity program
- 100% Board Committees chaired by Independent Directors
- 100% Independent Directors
Climate Goals & Targets
Long-term Goals:
- Net zero emissions by 2050
Medium-term Goals:
- Achieve 30% renewable energy by 2030
- Increase capacity to 140 MTPA by FY 2027-28
Short-term Goals:
- Reduce water consumption
- Increase alternative fuel use to achieve 28% TSR by 2030
- Reduce Scope 1 and Scope 2 emissions by 2030 (targets validated by SBTi)
Environmental Challenges
- Maintaining market share
- Complying with new regulations
- Fuel and raw material security
- Cybersecurity
- Health and safety
- Increased carbon pricing regulations
- Shift towards sustainable building materials
- Expectations of faster career shifts
- Climate-exacerbated logistic breakdowns
Mitigation Strategies
- Strategic capacity expansion
- Innovation and digitization
- Optimizing fuel mix, enhancing plant efficiency, increasing use of alternative energy sources
- Efficient procurement of raw materials
- Securing adequate limestone resources
- Implementing immediate actions to protect confidential information
- Establishing a secure and monitored environment
- Systematically reviewing systems, processes, and procedures
- Implementing initiatives such as the Unchaai Kendra and Life Saving Safety Rules
- Increasing the share of renewable energy and fuels
- Focusing on reducing process emissions
- Positioning as an employee-friendly workspace
- Investing in training programs
- Increasing supplier base with higher procurement from local suppliers
- Diversifying logistics routes and introducing new modes of transportation
Supply Chain Management
Supplier Audits: 71/year
Responsible Procurement
- Supplier Code of Conduct
- Supplier screening
- Supplier ESG assessment
- Local procurement (98.97% from within India)
Climate-Related Risks & Opportunities
Physical Risks
- Pluvial flooding
- Tropical cyclones
- Temperature extremes
- Water stress
Transition Risks
- Increased carbon pricing regulations
- Shift towards sustainable building materials
- Slow uptake of low-carbon technologies
- Premature retirement of captive power plants
Opportunities
- Transition to low-carbon energy sources
- Use of renewable energy
- Development of low-carbon products
Reporting Standards
Frameworks Used: GRI 2021 Universal Standards, UNGC, SASB, TCFD, WEF-core metrics, UN SDGs, GCCA Sustainability Charter
Certifications: ISO 14001:2015, ISO 45001:2018, ISO 50001
Third-party Assurance: Intertek India Private Limited (limited assurance)
UN Sustainable Development Goals
- Goal 7
- Goal 13
- Goal 6
- Goal 15
- Goal 8
- Goal 12
- Goal 10
- Goal 4
- Goal 3
- Goal 9
- Goal 11
- Goal 2
- Goal 5
- Goal 16
- Goal 17
CSR initiatives and sustainability efforts contribute to these goals.
Sustainable Products & Innovation
- ACC ECOMaxX
- ACC AEROMaxX
- ACC Coolcrete
- ACC Bagcrete
- Blended cement products (96% of portfolio)
Awards & Recognition
- ‘Iconic Brand of India’ by The Economic Times
- One of ‘India’s Most Trusted Cement Brands’ by TRA Research
- One of ‘India’s Top 50 Most Sustainable Companies’ by BW Businessworld
Reporting Period: January 2022 to March 2023
Environmental Metrics
Total Carbon Emissions:17,467,685 + 654,793 tCO2e/year (Scope 1 & 2)
Scope 1 Emissions:17,467,685 tCO2e/year
Scope 2 Emissions:654,793 tCO2e/year
Total Energy Consumption:171,326 TJ/year
Water Consumption:13,079.5 kilolitres/year
Waste Generated:72,792.8 metric tonnes/year
ESG Focus Areas
- Climate Change
- Environmental Sustainability
- Social Well-being
- Governance
- Human Rights
Environmental Achievements
- Achieved PAT targets at all locations.
- Implemented mechanism for zero Liquid Discharge at all operating locations.
- Consumption of alternative fuels of 409436.5 tonnes, achieving TSR of 9.2% (compared to 7.3% in 2021).
- Reduced Scope 1 and Scope 2 emissions compared to the previous year.
Social Achievements
- 100% of permanent employees and workers covered by PF, Gratuity, and ESI benefits.
- 100% return to work and retention rates for permanent employees and workers who took parental leave.
- Implemented Health & Safety Management System across manufacturing units.
- Community engagement programs, meetings, workshops, and surveys conducted periodically.
Governance Achievements
- Corporate Responsibility Committee oversees sustainability issues.
- Anti-Corruption & Anti-Bribery Policy in place.
- Integrated report including financial and non-financial parameters assured by an external agency.
Climate Goals & Targets
Long-term Goals:
- Net Zero carbon emission
Medium-term Goals:
- Reduce emissions to 400 kg CO2/tonne of cementitious material by 2030 (excluding CPP)
Environmental Challenges
- Exceeding AAQM results for Particulate Matter.
- Lease execution pending due to issuance of FRA certificate in process for Sindola limestone mines.
Mitigation Strategies
- Corrective actions taken to address AAQM exceedances (black top road, increased water sprinklers, covering raw materials).
- Addressing lease execution pending for Sindola limestone mines.
Supply Chain Management
Responsible Procurement
- Supplier code of conduct
- More than 32% of raw material is recycled raw material which is sourced sustainably.
Climate-Related Risks & Opportunities
Opportunities
- Climate Change related risks and opportunities identified considering the Environmental regulations imposed, National and International level goals
Reporting Standards
Frameworks Used: BRSR
Certifications: ISO 45001
Third-party Assurance: External agency assurance provided (name not specified in report)
Sustainable Products & Innovation
- ACC Gold