Ambuja Cements Restricted, the prime cement and constructing supplies firm in India announced becoming a member of the Alliance for Business Decarbonization (AFID). Ambuja’s membership marks a historic second because it turns into the world’s first cement producer to affix AFID, setting a milestone in decarbonization for the cement business.
Adani’s Acquisition and Significance of Becoming a member of the AFID
In September 2022, Adani Group accomplished the acquisition of Ambuja Cements Ltd and ACC Ltd. Thus, Ambuja Cements is now a part of the rising Adani Portfolio. With its subsidiaries, ACC Restricted and Sanghi Industries Restricted, Ambuja Cements goals to assist the Adani Group attain a cement manufacturing capability of 140 MTPA by 2028.
Becoming a member of AFID is a major milestone for the cement behemoth. Merely put, this international initiative goals to speed up the transition to web zero because it aligns with the Paris Settlement. The AFID focuses on decreasing emissions in industrial sectors and boosts the net-zero targets of the hard-to-abate industries. It brings collectively private and non-private organizations from energy-intensive industries to work towards a greener future. It serves as a platform for business dialogue, fostering cooperation amongst non-public and public stakeholders in energy-intensive sectors.
By collaborating with different members, Ambuja goals to develop strong decarbonization methods that align with nationwide commitments. Notably, The Worldwide Renewable Power Company (IRENA) coordinates the alliance’s actions, guaranteeing a unified strategy to attaining net-zero targets throughout industries.
Moreover, the cement large earned an A- ‘Leadership Score’ from CDP for its local weather motion. The corporate was additionally named considered one of ‘India’s Most Trusted Cement Brands’ by TRA Analysis in 2024 and listed among the many ‘Iconic Brands of India’ by The Financial Occasions.
At the moment, it has 18 built-in crops and 19 grinding models. Its extremely superior port infrastructure ensures well timed, cost-effective bulk cement shipments, giving the corporate a aggressive edge available in the market.
Now, the massive query is how Ambuja Cements plans to decarbonize its cement manufacturing course of and obtain its Internet Zero targets. What are its methods and investments in renewable vitality? Let’s discover.
Ambuja Cements: Main the Technique to Internet Zero by 2050
Mr. Karan Adani, Non-Govt Director, Ambuja Cements.
“This marks another significant step for Ambuja in its sustainability journey. We are already amongst the lowest emission-intensity cement producers globally and are undertaking several strategic initiatives to further reduce our GHG emission footprint. Being a member of the Alliance for Industry Decarbonization would allow us to leverage the experiences of global cross-sector industry peers, and in turn, share our approach to decarbonization.”
Emission Discount Goal
Ambuja Cements, India’s second-largest cement producer with a capability of 78.9 million tons each yearhas set a daring purpose to attain web zero emissions by 2050. Its targets are validated by the Science Primarily based Targets initiative (SBTi). The corporate is dedicated to decreasing greenhouse fuel (GHG) emissions and is acknowledged as one of many lowest-emission cement producers globally.
- This yr the firm utilized over 8.6 million tonnes of waste-derived assets. It boldly highlighted being 11 X water-positive and eight X plastic-negative.
Supply: Ambuja Cements
Scope 1 and Scope 2 Emissions
The sustainability report explains how the corporate is combating its Scope 1 and Scope 2 emissions by 21% per ton of cementitious materials by 2030. Notably, these efforts align with the World Cement and Concrete Affiliation’s roadmap for attaining Internet Zero by 2050. The corporate has additionally performed a local weather danger evaluation to make sure enterprise resilience. They combine suggestions from the Process Drive on Local weather-Associated Monetary Disclosures (TCFD).
Supply: Ambuja Cements
The corporate has established an Inside Carbon Pricing (ICP) mechanism which is an integral a part of its emission administration technique. This instrument helps the corporate make knowledgeable selections to cut back carbon emissions and fund low-carbon initiatives.
Mega Funding Plan in Renewable Power
A key technique to decarbonize the cement industry is using renewable vitality. Ambuja Cements focuses on reducing vitality consumption by harnessing solar and wind energytogether with using waste warmth restoration techniques (WHRS). At current, it has put in 76 MW of WHRS.
The press launch reveals Ambuja Cements’ important funding plan of roughly $1.2 billion (₹10,000 crore) in renewable vitality initiatives. The corporate is focusing on a complete capability of 1 gigawatt (GW) and an extra 376 megawatts (MW) from Waste Warmth Restoration Programs (WHRS). This initiative will be certain that 60% of its expanded capability will be powered by renewable vitality by 2028.
Supply: Ambuja Cements
Thus, all these efforts will considerably scale back the corporate’s carbon footprint and achieve financial advantages by diminished vitality prices and improved operational effectivity.
