Winning hearts The World Over.
One at a time.
Ambuja Cements features amongst the top 4 companies in Global DJSI Ranking-2019
Amongst our major achievements, we are proud to be ranked #4 among the world's most sustainable
companies at the Dow Jones Sustainability Index (DJSI) global ranking for 2019 in the Construction Material
(COM) category. It is yet another significant achievement, as Ambuja Cements is the first and only cement
company in India to have made it to the top five
Our CSR arm Ambuja Cement Foundation received the award for its focus on drinking water, water harvesting and water use efficiency interventions in the Gir Somnath district of Gujarat and Pali & Nagaur district of Rajasthan
Ambuja Cements topped India’s list in the Forbes Asia’s Best Over a Billion List in the sector
We are ranked 6th in “Responsible Business Ranking 2019” report
Ambuja Cements won “Warehouse and Logistics Excellence – Manufacturing Company of the Year 2019” award
We received the award for “Best in Class Logistics Safety” at the 13th Express Logistics and Supply Chain Conclave
Our integrated digital platform Ambuja Brahmaand won two prestigious awards, “Best Customer Relationship Platform” and “Best Marketing Technology Stack” at the MarTech Leadership Awards 2019
Our Nalagarh plant won the coveted CII National Award 2019 as “Energy Efficient Unit”
Our MCW Chandrapur plant won the Vasundhara Award 2019 from Maharashtra Government for “Embedding Best Environmental Practices”
Capitalizing on performance through Integrated Thinking
Continuing our journey of Integrated Reporting (IR) as part of our Annual Report since 2017, in line with the requirements of the Securities and Exchange Board of India (SEBI) circular dated February 2017, we intend to communicate to our stakeholders how integrated thinking influences critical business decisions and value creation for our stakeholders by discussing the performance of the Six Capitals of Integrated Reporting, i.e. Financial, Manufactured, Intellectual, Social & Relationship, Human and Natural for the reporting year 2019.
We understand our accountability to our stakeholders and that they also drive our quest for sustainable growth, hence, we ensure that our stakeholders are always informed and updated with the progress and status of the Company’s processes, systems and goals in the most relevant qualitative and quantitative manner. It is noteworthy that aspects like environmental protection, engagement with local communities, supply chain sustainability, employee empowerment and ethical dealings, also play a tangible part in our decision-making.
Effective planning is the key to future-proofing. Our business strategies are formulated with an aim to create short, medium and long term actions to achieve organizational goals across functions. Our strategy is centered on:
• Engaging our resources for best returns
• Analyzing risks and opportunities and creating options for value creating growth
• Driving a change towards customer and end-user oriented business views
Ambuja became one of the few companies in the world to go for quantification of its overall value creation performance including environmental and social, by conducting annual ‘True Value’ study in the year 2012. The study helps in establishing clear understanding of the business case for sustainable development. Our focus and aspiration has always been impacting the environment and society in a positive way by adopting value creating know-hows throughout our business value chain that enhances our ‘True Value’ [Social & Environment Profit and Loss Assessment- to value our externalities] year-on-year. This valuation provides an efficient quantification to non-financial parameters and externalities, supporting in developing effective mechanism to monitor and improve our social, environmental and economic performance by internalizing externalities and influencing our business strategy and to make informed decisions.
While narrating our value creation for stakeholders, we have taken into consideration the resources and relationships used and affected by our operations, which are collectively referred to as the Six Capitals of Integrated Reporting. We have discussed the management approach implemented for each Capital, role of each Capital as inputs and outcomes, value chain activities relevant to these Capitals and stakeholders impacted.
With sustainability in our business vision, i.e. “to be the most sustainable and competitive company in our industry”, it is not only a core value, but also closely aligned with our triple bottom line. Our Sustainable Development (SD) 2020/2030 Plan comprises four major thrust areas, “Climate & Energy, Circular Economy, Environment and Community”, categorizing several sub-divided SMART targets. This plan is not only to ensure our commitment towards corporate sustainable development but also aligns us with our group’s philosophy on sustainable development. It is of great value that this plan is also inspired by the Sustainable Development Goals (SDGs) developed by the United Nations.
Our approach is very simple, “create value to maximize financial and non-financial returns to our stakeholders”, and to help in this approach, we undertook strategic commitments by developing systems and processes that incorporate an integrated thinking. In this chapter, we look forward to share the results from the actions derived from our integrated thinking and activities thereof that help created value over and above our traditional triple bottom line approach. In line with the same, we have developed a 4D methodology to streamline our efforts towards scaling up integrated thinking in years to come.
The 4D methodology functions as the framework of our integrated thinking agenda thereby catalyzing our value creation strategy. It includes the identification of both positive and negative externalities, development of protocols, identification of material issues, development and prioritization of our KPIs against the IR Capitals and the measurement of performance against the KPIs to highlight the milestones against targets. Through continual and reliable information in concordance with the methodology, we aim to progressively meet our committed efforts in making Ambuja Cements the industry benchmark in creating value for its stakeholders, both internal and external, in the years to come.