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 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
Shree Cement's score of 18 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Shree Cement's reported carbon emissions
In 2023, Shree Cement reported total greenhouse gas emissions of approximately 837,176,000 kg CO2e for Scope 1, 29,450,000 kg CO2e for Scope 2, and 279,871,000 kg CO2e for Scope 3. The combined Scope 1 and 2 emissions amounted to about 680,000 kg CO2e. The company has set ambitious targets to reduce its carbon footprint, committing to a 12.7% reduction in Scope 1 emissions and a 27.1% reduction in Scope 2 emissions per ton of cementitious materials by 2030, using 2019 as the base year. These targets align with the Science Based Targets initiative (SBTi) and are designed to support global efforts to limit temperature rise to 2°C. Shree Cement's emissions data is self-reported and reflects its operations in India, where it is a leading cement manufacturer. The company has demonstrated a commitment to sustainability through these reduction initiatives, aiming to enhance its environmental performance in the construction materials sector.
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| 2012 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 8,730,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 000,000,000 |
| Scope 2 | 280,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
| Scope 3 | 442,361,750 | 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 participating in some of the initiatives that 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.
