SBTi validates UltraTech’s CO2 emissions reduction targets

SBTi validates UltraTech’s CO2 emissions reduction targets
15 March 2021

UltraTech Cement, the largest manufacturer of grey cement, white cement and ready-mix concrete in India, has announced the validation of its CO2 emissions reduction targets by the Science-Based Targets Initiative (SBTi).

In July 2020 the company committed to set 'science-based targets' to reduce its greenhouse gas (GHG) emissions. UltraTech Cement Ltd commits to reduce Scope 1 GHG intensity by 27 per cent by 2032 from the base year of 2017. The company also commits to reduce Scope 2 GHG intensity by 69 per cent within the same time frame. The SBTi has validated UltraTech’s GHG reduction targets which covers the target to lower its CO2 intensity in cement to 462kg net CO2/t of cementitious material (net CO2/t.cem.) by 2032.

Targets adopted by companies to reduce GHG emissions are considered 'science-based' if they are in line to meet the goals of the Paris Agreement – to limit global warming to well below 2˚C, preferably to 1.5˚C, compared to pre-industrial levels. 

"A changing climate scenario poses significant challenges for the built environment sector. It equally provides valuable opportunities to develop sustainable products and services. By committing to science-based targets, UltraTech Cement has once again demonstrated leadership in paving the way for the sector to help build sustainable infrastructure," said Mr Kailash Jhanwar, managing director, UltraTech Cement Ltd.

Published under Cement News