Shree Cement
Shree Cement Limited, a prominent player in the Indian cement industry, is headquartered in Kolkata, India. Founded in 1979, the company has established itself as a leader in the production of cement and power, with significant operations across various regions, including Rajasthan, Uttarakhand, and Bihar. Shree Cement is renowned for its high-quality products, including Ordinary Portland Cement (OPC) and Portland Pozzolana Cement (PPC), which are distinguished by their durability and eco-friendly manufacturing processes. The company has achieved remarkable milestones, such as being one of the largest cement producers in India by market capitalisation. With a commitment to sustainability and innovation, Shree Cement continues to enhance its market position, making it a trusted choice for construction and infrastructure projects across the nation.
DitchCarbon Score
How does Shree Cement'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 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
Shree Cement's score of 27 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Shree Cement's reported carbon emissions
In 2023, Shree Cement reported total carbon emissions of approximately 279,871,000 kg CO2e, with Scope 1 emissions accounting for about 21,946,000 kg CO2e, Scope 2 emissions at approximately 370,000 kg CO2e, and Scope 3 emissions reaching about 310,685,000 kg CO2e. This reflects a commitment to transparency in their emissions reporting. Shree Cement has set ambitious targets to reduce its greenhouse gas emissions. The company aims to decrease Scope 1 emissions by 12.7% per tonne of cementitious materials by 2030, using 2019 as the baseline year. Additionally, it plans to cut Scope 2 emissions by 27.1% per tonne of cementitious materials within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are designed to contribute to global efforts to limit temperature rise to 2°C. Historically, Shree Cement's emissions have shown a trend of specific emissions per tonne of cement decreasing, with figures such as 543,000 kg CO2e in 2019 and 554,000 kg CO2e in 2020. The company continues to focus on improving its sustainability practices and reducing its carbon footprint in the cement industry.
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Add to project| 2013 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 8,730,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000 | 00,000,000 | 00,000,000,000 |
| Scope 2 | 280,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000 | 000,000 | 000,000,000 |
| Scope 3 | 100,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Shree Cement is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
