Adani's Cement Giants Lead India's Green Transition with Net-Zero Milestone

Ambuja Cements and ACC, key players in the Adani Portfolio, have distinguished themselves by becoming the premier Indian cement companies to have their net-zero goals approved by the Science Based Targets initiative (SBTi), signaling a remarkable sustainability achievement.

The Science Based Targets initiative provides the only global framework for aligning corporate net-zero goals with climate science. According to the Adani Group, SBTi validation demonstrates the companies' dedication to sustainable and responsible business, affirming their leadership in India's low-carbon transition and their commitment to meeting the Paris Agreement's 1.5°C climate target.

Vinod Bahety, CEO of Adani's Cement Business, expressed pride in Ambuja Cements' and ACC's pioneering sustainability efforts, highlighting their responsibility in the ongoing climate crisis. With SBTi validation, Bahety reinforces the companies' commitment to aligning growth with environmental responsibility in their journey towards a decarbonized and sustainable future. Notably, they rank as the world's ninth-largest cement manufacturer achieving this milestone.

Focusing on substantial emissions reductions, both companies have led the industry's shift toward sustainable practices, prioritizing decarbonization strategies such as green power, AFR, and energy efficiency. Ambuja Cements, the first global cement firm to join the Alliance for Industry Decarbonization, leverages synergies within the Adani Group to scale its renewable energy capacity and develop a green hydrogen platform as part of a USD 100 billion investment in India's green transition.

These initiatives aim for Ambuja Cements to meet 60% of its power needs from renewable sources by 2028. The companies' strategic investments in sustainability demonstrate that bold climate action within the cement industry is not only feasible but essential and already on track. (ANI)

(With inputs from agencies.)