Dalmia Cement became the first Indian cement company to join RE 100 and committed to 100 per cent renewable electricity use by 2040.
This commitment took place at the Global Climate Action Summit (GCAS) that aimed to encourage and support investors in accelerating and scaling-up the actions that are critical to tackling climate change and achieving the goals of the 2015 Paris Climate Change Agreement.
“Dalmia Cement aims to be carbon negative by 2040,” says its Group CEO, Mahendra Singhi. Having been associated with Cement Sustainability Initiative (CSI) for 15 years and previously being the CSI Co-Chair in India, he said its member companies were the first in the world to show a sectoral approach on climate action by developing a Low Carbon Technology Roadmap in 2009.
Globally, one tonne of cement production emits 900 kg of carbon dioxide whereas CSI member companies have been able to reduce this to 616 kg per tonne of cement and the Indian CSI member companies further brought it down to 578 kg per tonne in 2016, Singhi said.
The Dalmia group, he said, has been able to reduce carbon dioxide emissions to 526 kg per tonne of cement on a group average and to 342 kg per tonne in the eastern operations.
According to the CDP (formerly Carbon Disclosure Project) cement sector report in April, Dalmia Bharat has achieved the first rank in CDP’s low carbon transition league.
Reference- ET, Business Standard