ACC Limited signs net zero pledge for carbon reduction goal 2030
16 Aug 2021
2 Min Read
CW Team
ACC Limited, a subsidiary of Holcim Group, has signed the business ambition for the 1.5 degree celsius pledge and becomes the first company in the Indian construction sector to sign the net-zero pledge with 2030 intermediate targets approved by the science-based target initiative (SBTi).
ACC has joined the race to zero campaign of the United Nations framework convention on climate change (UNFCCC) and has its 2030 carbon emission reduction targets approved by the SBTi.
ACC partnered with the carbon disclosure project (CDP) India's SBTi incubator program to develop its science-based targets. Targets aligned with the reductions needed to limit warming to well below two degree celsius were approved by ACC's SBTi. By 2030, ACC aims to reduce scope one greenhouse gas (GHG) emissions by 21.3% per ton of cementitious material and scope 2 GHG emissions 48.4% per tonne of cementitious material.
ACC Limited, MD and CEO, ACC Sridhar Balakrishnan, said that the company continuously aims to become a responsible and sustainable company by implementing calibrated strategies to reach sustainability goals and objectives. Taking this step forward, ACC has now entered the group of global companies leading towards an ambitious low carbon economy with approved science-based targets.
With these targets, ACC aims to decrease its carbon dioxide intensity in cement operations from 511 kg in 2018 to 409 kg carbon dioxide per tonne of cementitious material by 2030.
ACC has adopted various steps to decrease carbon dioxide emissions, such as decreasing the clinker factor, improving the thermal substitution rate (TSR), decreasing thermal and electrical energy intensity, implementing a waste heat recovery system (WHRS), and improving the renewable energy consumption rate, and introducing new technologies.
In 2020 with cementitious material of 493 kg carbon dioxide per ton, ACC performance is between the lowest specific carbon dioxide emissions in the country. ACC will continue to develop low-carbon products and sustainable solutions through its proactive approach.
Also read: Construction groups unite to hit net zero target with carbon reporting rules
ACC Limited, a subsidiary of Holcim Group, has signed the business ambition for the 1.5 degree celsius pledge and becomes the first company in the Indian construction sector to sign the net-zero pledge with 2030 intermediate targets approved by the science-based target initiative (SBTi).
ACC has joined the race to zero campaign of the United Nations framework convention on climate change (UNFCCC) and has its 2030 carbon emission reduction targets approved by the SBTi.
ACC partnered with the carbon disclosure project (CDP) India's SBTi incubator program to develop its science-based targets. Targets aligned with the reductions needed to limit warming to well below two degree celsius were approved by ACC's SBTi. By 2030, ACC aims to reduce scope one greenhouse gas (GHG) emissions by 21.3% per ton of cementitious material and scope 2 GHG emissions 48.4% per tonne of cementitious material.
ACC Limited, MD and CEO, ACC Sridhar Balakrishnan, said that the company continuously aims to become a responsible and sustainable company by implementing calibrated strategies to reach sustainability goals and objectives. Taking this step forward, ACC has now entered the group of global companies leading towards an ambitious low carbon economy with approved science-based targets.
With these targets, ACC aims to decrease its carbon dioxide intensity in cement operations from 511 kg in 2018 to 409 kg carbon dioxide per tonne of cementitious material by 2030.
ACC has adopted various steps to decrease carbon dioxide emissions, such as decreasing the clinker factor, improving the thermal substitution rate (TSR), decreasing thermal and electrical energy intensity, implementing a waste heat recovery system (WHRS), and improving the renewable energy consumption rate, and introducing new technologies.
In 2020 with cementitious material of 493 kg carbon dioxide per ton, ACC performance is between the lowest specific carbon dioxide emissions in the country. ACC will continue to develop low-carbon products and sustainable solutions through its proactive approach.
Image Source
Also read: Construction groups unite to hit net zero target with carbon reporting rules
Next Story
3i Infotech Reports Rs 7.25 Bn Revenue for FY25
3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..
Next Story
Emerald Finance Joins Baya PTE to Boost SME Bill Discounting
Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..
Next Story
BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25
BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, 鈥淲e are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..