Ultratech Cement

Ultratech Cement: Carbon Emissions and Climate Commitments

In the fiscal year 2025, Ultratech Cement reported substantial greenhouse gas emissions, with Scope 1 emissions amounting to approximately 81.1 billion kg CO2e, Scope 2 emissions at approximately 1.9 billion kg CO2e, and Scope 3 emissions totalling about 12.7 billion kg CO2e. This brings their total reported emissions for FY2025 to approximately 95.7 billion kg CO2e.

For the fiscal year 2024, Ultratech Cement's emissions were approximately 71.2 billion kg CO2e for Scope 1, 1.9 billion kg CO2e for Scope 2, and 8.3 billion kg CO2e for Scope 3, resulting in a total of approximately 81.4 billion kg CO2e.

In FY2023, the company recorded Scope 1 emissions of roughly 62.5 billion kg CO2e, Scope 2 emissions of approximately 1.7 billion kg CO2e, and Scope 3 emissions of about 4.2 billion kg CO2e, totalling approximately 68.4 billion kg CO2e.

Climate Targets and Initiatives

Ultratech Cement has established significant climate targets, aligning with industry best practices and commitments to decarbonisation. The company aims to achieve a 27% reduction in Scope 1 GHG intensity by 31st March 2032, compared to the base year of March 2017. Concurrently, they are targeting a 69% reduction in Scope 2 GHG intensity by the same date. These targets have been validated by the Science Based Targets initiative (SBTi).

Further demonstrating their long-term climate ambition, Ultratech Cement is committed to developing carbon-neutral concrete and reducing the CO2 footprint of their operations and products by 2050, a commitment aligned with the Global Cement and Concrete Association's (GCCA) '2050 Climate Ambition'.

Reporting and Data

The emissions data provided for Ultratech Cement is reported on a GLOBAL basis. The company has disclosed data for Scopes 1, 2, and 3, indicating a comprehensive approach to emissions reporting. Specific breakdown of Scope 3 emissions includes categories such as purchased goods and services, fuel- and energy-related activities, and upstream and downstream transportation and distribution.

It is important to note that the emissions data is inherited from the organisation's subsidiary status, with Ultratech Cement Limited being the source organisation for its own reported performance and initiatives.