INTEGRATED REPORT 2021

Our second Integrated Report reflects our progress on an integrated management journey and reinforces our integrated thinking to forge a stronger connection between business, sustainability and finance. We also build on our stakeholders’ feedback to improve our reports consistently.

This report includes information related to the value creation process of Ambuja Cement and outlines the Company’s progress on its long-term strategies, governance, performance, and its efforts towards sustainability.

FRAMEWORKS, GUIDELINES AND STANDARDS

The report is prepared as per the framework prescribed by the International Integrated Reporting Council (IIRC). It also contains performance indicators in line with the Global Reporting Initiative (GRI) Standards ‘In Accordance – Comprehensive’ criteria. It measures our performance against the United Nations Sustainable Development Goals (UN SDGs) as well.

Sections of this Integrated Report also comply with the requirements stated in the Companies Act, 2013 (including the rules made thereunder), the Indian Accounting Standards, the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the Secretarial Standards issued by the Institute of Company Secretaries of India. We encourage our stakeholders to read them in conjunction with the contents.

We also endorse various economic, environmental and social charters, principles or initiatives.

REPORTING SCOPE, BOUNDARY AND THE COMPANY’S VALUE CHAIN

The Integrated Report 2021 covers information on our business segments in India, along with associated activities that enable short, medium and long-term value creation. The report contains a detailed reference to sustainability initiatives undertaken by Ambuja Cement to address the material issues identified in an extensive stakeholder engagement and due diligence exercise carried out during early 2018. The engagement exercise included all relevant stakeholder groups and the topic boundary was defined with high-importance material topics. The aspect boundaries and content have been defined using reporting principles prescribed in the GRI Standards. The report covers all operations and businesses of Ambuja Cement that fall under its direct operational control. However, we welcome our readers’ valuable feedback to further enrich the quality of our report.

COMPANY VALUE CHAIN

Exclusion: The subsidiaries and JVs, and channel partner/dealer networks beyond our direct operational control.

ASSURANCE STATEMENT

The report is externally assured as per AA 1000 Assurance Standard. The organisation, employees and the assurance providers are independent agencies.

Third-party assurance statement

The non-financial disclosures of Ambuja Cements Limited’s Integrated Report have been assured by TUV India Private Limited. The assurance report issued by TUV India Private Limited can be found on Read More

RATINGS AND STANDARDS

MATERIAL MATTERS

This report provides information on matters that we believe could have a significant influence on our ability to create and sustain value over the short, medium and long term.

SUSTAINABILITY TARGET

Sustainability remains our key focus area and we are continuously working towards addressing challenges around issues of climate and energy, environment, circular economy and community. We have developed carbon emissions reduction targets for 2030, which are validated by the Science Based Targets initiative (SBTi), to limit global warming below 2 degree Celsius.

OUR CAPITALS

Our capitals include the key inputs and relationships we require to carry out our business.