Penna Cement Industries Limited Sustainability Profile
Penna Cement Industries Limited, a prominent player in the Indian cement industry, is headquartered in Hyderabad, India. Established in 1991, the company has made significant strides in the construction materials sector, focusing on the production of high-quality cement and related products. With a strong operational presence across key regions in South India, Penna Cement has built a reputation for reliability and innovation. The company offers a diverse range of cement products, including Ordinary Portland Cement (OPC) and Portland Pozzolana Cement (PPC), known for their superior strength and durability. Penna Cement's commitment to quality and sustainability has positioned it as a trusted choice among builders and contractors. With numerous awards and recognitions, Penna Cement continues to solidify its market position as a leader in the industry, contributing to the growth of infrastructure in India.
DitchCarbon Score
How does Penna Cement Industries Limited's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Cement Production industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Penna Cement Industries Limited's score of 24 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Penna Cement Industries Limited's reported carbon emissions
In 2019, Penna Cement Industries Limited reported total carbon emissions of approximately 1,813,000 kg CO2e for Scope 1 and about 37,000 kg CO2e for Scope 2. Notably, there were no reported emissions for Scope 3 during that year. The data for 2020 indicates that the company had no emissions recorded across all scopes, suggesting a significant reduction or a change in operational practices. Penna Cement Industries Limited is a current subsidiary of Ambuja Cements Limited, which influences its climate commitments and reporting. However, there are no specific reduction targets or climate pledges documented for Penna Cement, nor are there any SBTi (Science Based Targets initiative) targets cascaded from its parent company. Overall, while the emissions data reflects a strong performance in reducing carbon output, the absence of formal reduction initiatives or targets indicates a potential area for future commitment in climate action.
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| 2019 | |
|---|---|
| Scope 1 | 1,813,000 |
| Scope 2 | 37,000 |
| Scope 3 | - |
How Carbon Intensive is Penna Cement Industries Limited's Industry?
How Carbon Intensive is Penna Cement Industries Limited's Location?
Penna Cement Industries Limited's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Penna Cement Industries Limited has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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