Ambuja Cements and ACC, two of India’s leading cement manufacturers, have achieved a significant milestone by becoming the first Indian cement companies to receive validation from the Science-Based Targets initiative (SBTi) for their net-zero emission targets. The SBTi is a global body that helps companies set science-based emissions reduction targets, in line with the goals of the Paris Agreement.
The validation is a testament to the companies’ commitment to reducing their carbon footprint and transitioning to a low-carbon economy. Ambuja Cements and ACC, which are both part of the Adani Group and LafargeHolcim respectively, have set ambitious targets to reduce their greenhouse gas emissions and achieve net-zero emissions by 2050.
The SBTi validation process involves a rigorous assessment of a company’s emissions reduction targets, to ensure that they are aligned with the latest climate science and meet the requirements of the Paris Agreement. The validation is based on a company’s ability to demonstrate a clear and robust plan to reduce its emissions, as well as its commitment to transparency and accountability.
Ambuja Cements and ACC’s net-zero targets are based on a comprehensive assessment of their operations and supply chain, and take into account the latest climate science and technological advancements. The companies have identified various levers to reduce their emissions, including the use of alternative fuels, energy efficiency measures, and the adoption of new technologies.
The achievement of net-zero validation is a significant milestone for the Indian cement industry, which is one of the most energy-intensive and carbon-intensive sectors in the country. The industry accounts for around 8% of India’s total CO2 emissions, and therefore has a critical role to play in the country’s transition to a low-carbon economy.
The validation of Ambuja Cements and ACC’s net-zero targets is expected to have a positive impact on the industry as a whole, and is likely to encourage other companies to set similar targets. The move is also expected to contribute to India’s national climate goals, including its commitment to reduce its emissions intensity by 33-35% by 2030.
Overall, the validation of Ambuja Cements and ACC’s net-zero targets by the SBTi is a significant achievement that demonstrates the companies’ commitment to reducing their carbon footprint and contributing to a low-carbon future. It is a positive step towards a sustainable and climate-resilient future, and is expected to have a positive impact on the Indian cement industry and the country as a whole.