Shree Cement Sustainability Profile
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 15 is lower than 62% 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 2024, Shree Cement, headquartered in India, reported significant carbon emissions, with Scope 1 emissions totalling approximately 21,946,000,000 kg CO2e. The company also disclosed Scope 3 emissions of about 310,685,000 kg CO2e, which includes categories such as upstream transportation and distribution (98,747,000 kg CO2e) and downstream transportation and distribution (182,618,000 kg CO2e). The combined Scope 1 and 2 emissions were reported at approximately 37,000,000 kg CO2e. For the year 2023, Shree Cement's emissions included approximately 17,465,000,000 kg CO2e for Scope 1 and 438,000,000 kg CO2e for Scope 2, with total emissions reaching about 279,871,000 kg CO2e. The company has set ambitious reduction targets through the Science Based Targets initiative (SBTi), committing to reduce Scope 1 GHG emissions by 12.7% and Scope 2 GHG emissions by 27.1% per ton of cementitious materials by 2030, using 2019 as the base year. Shree Cement's climate commitments align with industry standards, aiming to mitigate their carbon footprint significantly. The company has not yet committed to a net-zero target but is actively working towards substantial reductions in their operational emissions.
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| 2012 | 2013 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 8,040,000,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - | - |
| Scope 3 | - | 000,000,000 | 000,000,000 | - | 000,000,000 | 000,000,000 | 000,000,000 | - | 000,000,000 |
How Carbon Intensive is Shree Cement's Industry?
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Shree Cement's Scope 3 Categories Breakdown
Shree Cement's Scope 3 emissions, which increased by 18% last year and increased by approximately 211% since 2013, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 2% of total emissions under the GHG Protocol, with "Downstream Transportation & Distribution" being the largest emissions source at 59% of Scope 3 emissions.
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Shree Cement'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.
Shree Cement 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.
Frequently Asked Questions
Common questions about Shree Cement's sustainability data and climate commitments