India: UltraTech Cement has announced that it is joining EP100, a global leadership initiative that brings together a growing group of ‘energy-smart companies.’ The company said that becoming a member reaffirms UltraTech's commitment to driving sustainability across its value chain and accelerating business growth. By becoming a member of EP100, UltraTech has committed to double its energy productivity, a critical lever it to reduce the CO2 intensity of its operations. It will provide a strategic boost to UltraTech's low carbon growth target of reducing carbon intensity by 25% by 2021 against its 2005 baseline.
K K Maheshwari, Managing Director of UltraTech Cement said, “UltraTech Cement has always been at the forefront in adopting sustainable processes in its business operations. The company has some of the best performing plants on energy metrics across the world. As a responsible organisation, we realise the need for further substantial improvements in energy productivity. Our membership of EP100, we believe, will play a catalytic role in helping us accelerate towards doubling our energy productivity, which is a key strategic lever to achieve sustainable business growth.”
Helen Clarkson chief executive officer (CEO) of The Climate Group, said, ''It's hugely encouraging to see UltraTech, one of the leading cement producers globally, step up on energy efficiency. This is a win-win for emissions reduction and business growth. We need to see many more cement companies and other large energy users in hard-to-abate sectors follow UltraTech's lead.''
Founded by The Climate Group, EP100 constitutes companies that commit to using energy more productively. Energy productivity is a way of measuring energy efficiency that aligns directly with business growth and sustainable development goals.
