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 19 is higher than 79% 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 reported significant carbon emissions, totalling approximately 19,119,000,000 kg CO2e for Scope 1, 370,000,000 kg CO2e for Scope 2, and 310,685,000 kg CO2e for Scope 3 emissions. This reflects a commitment to transparency in their environmental impact, with emissions from business travel, employee commutes, and transportation activities detailed within Scope 3. Shree Cement has set ambitious reduction targets as part of its climate commitments. The company aims to reduce its Scope 1 greenhouse gas emissions by 12.7% per tonne of cementitious materials by 2030, using 2019 as the baseline year. Additionally, it plans to achieve a 27.1% reduction in Scope 2 emissions 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 limiting global warming to 2°C. The company's emissions data from previous years shows a trend of substantial emissions, with Scope 1 emissions recorded at approximately 21,946,000 kg CO2e in 2023 and 15,465,000,000 kg CO2e in 2021. This indicates a focus on improving operational efficiency and reducing carbon intensity in their production processes. Shree Cement's commitment to sustainability and emissions reduction is crucial in the context of the construction materials sector, which is under increasing pressure to mitigate its environmental impact. The company's proactive approach demonstrates its dedication to addressing climate change and enhancing its operational sustainability.
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| 2012 | 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 | 442,361,750 | - | - | - | - | 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.
