"We endeavour to become the leading Indian conglomerate for sustainable business practices across global operations" -- Mr Kumar Mangalam Birla, Chairman, UltraTech Cement Limited.
Our Chairman wrote this vision for sustainability that is rooted in the high standards of corporate behaviour and is driven by a strong sense of purpose to lead sustainable business practices globally. To realise this vision, UltraTech is committed to run its operations in a way that we grow business while conserving natural resources, minimizing our carbon and water footprint, increasing our positive impact on communities, and making a meaningful impact for our stakeholders.
UltraTech Sustainability Framework
Aditya Birla Group has institutionalised a sustainability framework that defines three strategic pillars which are to be embraced by the Group businesses to achieve a common sustainability vision. These three strategic pillars are: Responsible Stewardship, Stakeholder Engagement, and Future Proofing. Being one of the Group businesses, we at UltraTech follow this framework in letter and spirit to make our business sustainable.
UltraTech is committed to driving sustainability across the value chain of its operations. To achieve this, we focus on carbon emissions, energy reduction, water management, waste management, biodiversity management, resource management, community relationship management, occupational health and safety, human rights management, employee well-being and product development.
Innovation and technology play a key role in driving our efforts in these areas. With this objective, our R&D Centre provides comprehensive technical and analytical support to the business and pioneers in developing sustainable business solutions.
UltraTech benchmarks its sustainability practices with global players through Global Cement and Concrete Association (GCCA). As the founding member of the GCCA, UltraTech has played a pivotal role in launching GCCA's India operations.
UltraTech is also a part of 'Innovandi' - the Global Cement and Concrete Research Network project run by GCCA. The objective is to accelerate global collaboration for cement and concrete innovation as an important step for the sector in taking climate action.
UN Sustainable Development Goals
The United Nations (UN) Sustainable Development Goals (SDGs) are an excellent vehicle for driving our sustainability vision. We have therefore aligned our sustainability strategy to the SDGs.
The SDGs address issues critical for the survival of the planet and society such as climate change, poverty, gender equality, clean water and sustainable energy, responsible consumption, biodiversity, health & well-being etc.
They serve as a guide in our efforts to leave a healthier planet for our future generations, in partnership with our employees, customers, suppliers, government and society. By aligning our business strategy with the SDGs, we are able to anticipate stakeholder expectations, identify future business opportunities, and future-proof our business. The UN SDGs along with our sustainability framework enable us to create meaningful and measurable progress on issues relevant to our stakeholders.
Commitments & Membership:
- Founding member of Global Cement & Concrete Association (GCCA).
- Voluntarily committed to the Task Force for Climate-related Financial Disclosure (TCFD).
- Committed to GCCA Climate Ambition 2050 to deliver carbon neutral concrete by 2050.
- GHG emission targets are validated by the Science Based Targets Initiative (SBTi).
- Committed to reduce Scope 1 GHG intensity by 27% by 2032 from the base year of 2017.
- Committed to reduce Scope 2 GHG intensity by 69% by 2032 from the base year of 2017.
- Committed to double the energy productivity under the EP100 program of 'The Climate Group'.
- Targets to meet 100% of its electricity requirement through renewables sources by 2050, as part of our RE100 commitment.
- Adopted Internal Carbon Price (ICP) of USD 10.
- Become 5 times Water Positive company by 2024.
- Scale up the share of green power in the overall power mix to 34% by FY2024.
- Complete biodiversity assessment for all integrated plants by 2024.
- Committed to No Net Loss of Biodiversity in line with our Group Biodiversity Policy.
- We currently reach out to more than 1.6 million beneficiaries through our CSR program.
- Our performance against the Sustainability Performance Target (SPT) under the Sustainability linked Bonds
Sustainability Policies
Sustainability Reports
Our sustainability reports are a testament to our commitment to the triple bottom line approach towards growth. For our various stakeholders, it showcases the efforts and initiatives we undertook to create a better world for all of us. We follow an annual cycle of reporting. In the below section you can access, the latest sustainability report and archives of the previous sustainability reports:
GCCA KPIs
The GCCA Sustainability Charter consists of five key pillars of sustainability which encompass the full sustainability spectrum. UltraTech implements sustainability initiatives across all five sustainability pillars, reports on its performance against a set of core KPIs through the dashboard.
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