As one of the world's largest cement companies, UltraTech is committed to enabling the transition to a low carbon economy. We have developed a strategic long-term plan for GHG emission reduction linked to business growth.
We realise that cement is a carbon-intensive industry. That is why we have integrated low carbon strategy into our business roadmap to address SDG 13 (climate change goal) based on COP21 of the United Nations Framework Convention on Climate Change (UNFCCC).
Our strategy is governed by energy and carbon policy which is adopted by all our units. We have undertaken a voluntary strategy to reduce the impact of our operations on climate change. As a member of the international and national organizations like GCCA, FICCI, CII and CMA we are committed to publishing our emission data and set environmental performance targets. UltraTech has committed to Science Based Target and has aligned it business plans to requirements of Paris Agreement.
We have taken a voluntary target of reducing our carbon intensity by 25% by 2021 from 2005-06 levels. We contribute to the goal by integrating low carbon strategy and scaling up investments in the development of innovative products and services, improving energy efficiency, increasing the share of renewable energy, switching from fossil fuels to alternative materials.