Strengthening pillars
of responsible business
Our vision, mission and strategy is aligned with our aspiration to inspire change as a responsible, safe and transparent cement player.
Our sustainable development initiatives cover a wide spectrum—from clean technology harnessing to utilisation of industrial wastes in cement production, energy conservation to exploiting renewable energy resources, emissions reduction to creating institutionalised mechanisms to monitor environmental risks and strict adherence to the Company’s ‘zero non-compliance’ regime.
True Value approach
We have adopted True Value accounting method for sustainability, which encompasses the three pillars of sustainability—people, planet, and profit—to emerge as the most competitive and sustainable company in the domestic cement industry.
True Value has helped us take strategic business decisions through a qualitative measurement of the Company’s impact on the environment and society. We have been able to identify a portfolio of cost-effective projects, reduce costs, increase earnings and subsequently increase ‘True Value’.
We reported incremental growth in ‘True Value’ over the years, driven by our sustainable, environmental and social interventions and supported by favourable macros at play.
Financial value
- Retained earnings
- Depreciation
Social value
- Economic value
- Value created for society through CSR initiatives
- Human health
Environment value
- Alternative Fuel and Raw Materials (AFR)
- Quarry rehabilitation
- Renewable energy
- Water saving at customer’s end
- Rainwater harvesting
- Gaseous emissions
- Water extraction
- Land disturbed
True Value
Levers of True Value creation
- Incremental fly ash utilisation
- AFR usage
- Water harvesting and recharge projects
- Agro-based livelihood creation projects
Sustainable Development Ambition 2030
In line with the sustainability strategy of LafargeHolcim, Ambuja Cement’s Sustainable Development Ambition 2030 provides critical thrust to our goal of achieving sustainable growth. It provides us with a broad framework for strategic interventions to meet the challenges across four thematic areas—Climate, Circular Economy, Environment, and Community.
Climate |
Circular Economy |
Environment |
Community |
|
|---|---|---|---|---|
Lead metrics |
CO2
emissions reduced |
Waste reused |
Water
saved |
Value
shared |
Performance 2020 |
531
|
8.2 |
77 |
0.3 |
Target 2030 |
463 |
13.5 |
< 75 |
0.8 |
SDGs impacted |
 |
 |
 |
 |
*Other than the above identified Sustainable Development Goals (SDGs), our activities under the four pillars also address various sub-targets of other SDGs.
Commitment to governance
Our commitment to governance started a number of years ago. It included creating a Board of Independent Directors, fair and transparent communication policies, strong internal controls and a detailed code of conduct. Our high level of governance ensures compliance with all the applicable laws.
We believe that good corporate governance emerges from the application of sound management practices, compliances, coupled with adherence to the highest standards of transparency and business ethics. The significant progress we have made towards embedding sustainability in our organisational culture is reflected in our resilient business performance in a challenging environment.
