Press Release

Ambuja Cements Limited becomes first ever Cement Company to make it to the "A" list in Global Water Stewardship by CDP

  • The company has been given an 'A' score for water security based on its disclosure in 2021. Globally, no other cement company has achieved this feat.

Mumbai, 8th December, 2021: Ambuja Cements Limited, a member of Holcim group has been recognized for leadership in corporate sustainability by global environmental non-profit CDP, securing a place on its prestigious 'A List' for tackling water security. In 2020, Ambuja Cements is also the only company to be certified as 8 times water positive in the industry.

Ambuja Cements is one of a small number of high-performing companies out of nearly 12,000 that were scored. Through significant demonstrable action to protect water resources, the company is leading on corporate environmental ambition, action and transparency worldwide.

CDP's annual environmental disclosure and scoring process is widely recognized as the gold standard of corporate environmental transparency. In 2021, over 590 investors with over US$110 trillion in assets and 200 major purchasers with US$5.5 trillion in procurement spend requested companies to disclose data on environmental impacts, risks and opportunities through CDP's platform. A record-breaking 13,000 companies responded.

A detailed and independent methodology is used by CDP to assess these companies, allocating a score of A to D- based on the comprehensiveness of disclosure, awareness and management of environmental risks and demonstration of best practices associated with environmental lead- ership, such as setting ambitious and meaningful targets. Those that don't disclose or provided insufficient information are marked with an F.

Mr. Neeraj Akhoury, MD & CEO, Ambuja Cements Limited and CEO India, Holcim said, "Water has always been the key focus area for Ambuja Cement. This is a proud moment for the company to be recognized for its improved performance in "Water Security" in CDP 2021 (Carbon Disclosure Project) with best ever "A" score. This achievement reaffirms our will to remain committed to address water scarcity issues in future and contribute to the establishment of sustainable tomorrow."

Ambuja Cements has adopted a number of methods to optimise water use, through prudent utilisation and harvesting initiatives. Ambuja Cements' Sustainable Development Ambition 2030 lays down a target to reduce specific freshwater withdrawal by 15% by 2030. The company is constantly evolving its portfolio to reduce the risk of unsustainable consumption of natural resources especially water. The three initiatives (Concrete Mix proportions, Modular Curing, and Rainwater Harvesting) helped the company in saving ~70 million litres of water, a robust step towards sustainable construction initiative. The company will continue to advocate for environmentally friendly solutions by actively taking part in such initiatives.

Paul Simpson, CEO of CDP, said, "Many congratulations to all the companies on this year's A List. Taking the lead on environmental transparency and action is one of the most important steps businesses can make, even more so in the year of COP26 and the IPCC's Sixth Assessment Report. The scale of the risk to businesses from climate change, water insecurity and deforestation can no longer be ignored, and we know the opportunities of action far outweigh the risks of inaction. Leadership from the private sector is essential for securing global ambitions for a net-zero, nature positive and equitable world. Our A List celebrates those companies who are preparing themselves to excel in the economy of the future by taking action today."

Sustainability being embedded in company's core strategy, Ambuja Cements, in 2021, was once again ranked 5th globally by the internationally renowned Dow Jones Sustainability Index (DJSI) in the construction materials category.

About Ambuja Cement:

Ambuja Cements Ltd. is a member of Holcim, the global leader in innovative and sustainable building solutions. Among the leading cement companies in India with a capacity of 29.65 million tonnes, Ambuja Cement has five integrated cement manufacturing plants and eight cement grinding units across the country. Ambuja Cement has provided hassle-free,home-building solutions with its unique sustainable development projects and environment- friendly practices since it started operations. The Company has many firsts to its credit - a captive port with four terminals that has facilitated timely, cost-effective, cleaner shipments of bulk cement to its customers. To further add value to customers, the Company has launched innovative products like Ambuja Kawach, Ambuja Roof Special, Ambuja Compocem and Ambuja Cool Walls, under the umbrella of Ambuja Certified Technology, which help in significantly reducing carbon footprints. Its sustainable operations and initiatives help advance the Company's philosophy of contributing to societal well-being.For more details, visithttp://www.ambujacement.com. For queries, please write to corporate.communications@ambujacement.com

About CDP

CDP is a global non-profit that runs the world's environmental disclosure system for companies, cities, states and regions. Founded in 2000 and working with more than 590 investors with over $110 trillion in assets, CDP pioneered using capital markets and corporate procurement to motivate companies to disclose their environmental impacts, and to reduce greenhouse gas emissions, safeguard water resources and protect forests. Over 14,000 organizations around the world disclosed data through CDP in 2021, including more than 13,000 companies worth over 64% of global market capitalization, and over 1,100 cities, states and regions. Fully TCFD aligned, CDP holds the largest environmental database in the world, and CDP scores are widely used to drive investment and procurement decisions towards a zero carbon, sustainable and resilient economy. CDP is a founding member of the Science Based Targets initiative, We Mean Business Coalition, The Investor Agenda and the Net Zero Asset Managers initiative. Visit cdp.netor follow us @CDP to find out more.

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Ambuja Cements Ltd. published this content on 08 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 December 2021 08:01:02 UTC.