Cement News tagged under: sustainability
Ambuja Cements and ACC scoop sustainability awards26 June 2023, Published under Cement NewsAmbuja Cements and ACC , part of the Adani Group , have been recognised among ‘India's Top 50 Most Sustainable Companies’ by BW Businessworld. Ambuja Cements has also been named among ‘India’s Top 3 Most Sustainable Companies in the Infrastructure and Engineering Sector’ on the back of its “dedication to sustainability and outstanding success”, according to the company. Ajay Kapur, CEO, cement business, said, “We are immensely proud that both Ambuja and ACC have been recognised among... |
UltraTech Cement Ltd ranked No1 for Sustainability23 June 2023, Published under Cement NewsUltraTech Cement Ltd has been ranked No1 in Sustainability in the Infrastructure and Engineering sector in Sustain Labs Paris and BW Businessworld’s India's Most Sustainable Companies list for the 2022-23. UltraTech has seen an improvement in its overall position in the India’s Most Sustainable Companies ranking. From being ranked No 15 in 2021-22, the company has improved two positions to No 13 in 2022-23. This improved ranking is a recognition of the significant progress made by Ul... |
Sustainability-linked loans gain momentum in the cement industry16 June 2023, Published under Cement NewsThis week JSW Cement announced that it was signing a new loan agreement that would be sustainability-linked to raise US$50m in debt capital to help achieve its 50Mta production capacity goal. While this is not JSW Cement's first such loan, ICR looks at the growing trend for committing to sustainability loans in the cement sector, and what they really offer for the environment and shareholders. Sustainability-linked bonds (SLBs) and sustainability-linked loans (SLL) have become increasing... |
Limak Cement addresses Turkey's "Green Transformation"16 June 2023, Published under Cement NewsLimak Cement 's new business platforms will be “the most important catalyst in the Green Transformation," said Limak’s CEO, Erkam Kocakerim, speaking at the ‘Climate Change Summit: Green Transformation’ held in Istanbul, Turkey, on 14 June 2023. In the first such gathering following the formation of the government, more than 200 top business executives and bankers, some of them from the most carbon-intensive sectors of the economy, gathered to exchange views on the efforts needed to ensure ... |
Scaling decarbonisation15 May 2023, Published under Cement NewsAs the cement industry implements action on climate change, Boston Consulting Group drills down into two key areas for unlocking sustainable cement in the supply chain: green cement and low-carbon design. By Marta Guzzafame, Boston Consulting Group, Spain. Figure 1: green go-to-market – how to commercialise sustainability Earlier this year, scientists on the Intergovernmental Panel on Climate Change (IPCC) delivered their final warning on the climate crisis: act now or it is too... |
Priorities for low-carbon design and sustainable construction21 April 2023, Published under Cement NewsThis week ICR looks at the fast-changing world of construction and the attempts to make it more sustainable. This follows the recent publication of the World Economic Forum's white paper, 'Scaling Low-carbon Design and Construction with Concrete: Enabling the Path to Net-Zero for Buildings and infrastructure'. The white paper has been produced by the World Economic Forum in collaboration with the Global Cement and Concrete Association (GCCA) and Boston Consulting Group (BCG). It aims to p... |
Buzzi Unicem reports on sustainability achievements21 April 2023, Published under Cement NewsBuzzi Unicem has lowered its specific gross scope 1 CO 2 emissions from 689kg/t cementitious product in 2021 to 664kg/t in 2022, according to its 2022 Sustainability Report. This marks a 3.6 per cent reduction YoY. Compared to 2020, scope 1 CO 2 emissions are down 4.3 per cent. Specific thermal consumption has fallen from 4138MJ/t clinker in 2020 to 4106MJ/t in 2021 and 4084MJ/t in 2022. Meanwhile, the group’s thermal substitution rate fell from 29.2 per cent in 2020 to 27.8 per cent in... |
Titan plans three-fold increase of green products portfolio14 April 2023, Published under Cement NewsTitan Cement announced the arrival of its 2022 annual report this week. Its overall customer focus will see the producer shift its operations to produce even more green products. In its current portfolio, 19.5 per cent of its products are green, but by 2030 Titan Cement aims to raise this to 62 per cent. "We aim to continue building great teams, maintain profitable growth and become one of the safest, most customer-friendly, innovative, digitalised and green businesses in the construction m... |
YTL Cement signs MoU to tackle standards and sustainability13 April 2023, Published under Cement NewsYTL Cement Bhd has signed a Memorandum of Understanding (MoU) with Construction Research Institute (CIDB) Malaysia to promote sustainability within the country's construction sector. According to The Star, the MoU will focus on three key areas: human resources development, research and development, and support of the construction industry’s transition to sustainability. As part of the collaboration, both parties will make use of YTL Cement’s laboratory and testing facilities to provide ... |
UltraTech recognised in Sustainability World Index13 April 2023, Published under Cement NewsUltraTech Cement is ranked sixth in the global sectoral ranking of the S&P Global Dow Jones Sustainability World Index (DJSI). UltraTech is the only Indian company in the top 10 in the construction material sector for the second year in a row. UltraTech has been assessed with an overall score of 80 by DJSI for the financial year 2021-22. The company’s performance improved significantly on each of the three Environment, Social and Governance (ESG) metrics: • Environment score of 84 is ... |