India: The Science-Based Targets Initiative (SBTI) has validated UltraTech Cement’s CO2 emissions reduction targets. The validation confirms that the company’s targets are in line with a 2°C temperature rise scenario under the Paris Agreement. The targets consist of a 27% reduction in Scope 1 CO2 emissions between 2017 and 2032 and a 69% reduction in Scope 2 CO2 emissions between 2017 and 2032. This corresponds to a 462kg/t net CO2 reduction for the producer’s cement.
Managing director Kailash Jhanwar said, “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.”