The Business Bytes
TBB BUREAU
NEW DELHI, MAR 18, 2024
In a significant milestone for India’s cement sector, Dalmia Cement (Bharat) Limited (DCBL) has clinched the prestigious Climate Action Programme (CAP 2.0) Award in its 4th Edition, conferred by the Confederation of Indian Industry (CII). This esteemed accolade underscores DCBL’s unwavering commitment to climate resilience and sustainability, as well as its innovative corporate initiatives combating climate change.
The award was bestowed upon the company by Dinesh Dayanand Jagdale, Joint Secretary of the Ministry of New and Renewable Energy, Government of India.
The CAP 2.0° initiative, spearheaded by the CII-ITC Center for Excellence for Sustainable Development, aims to recognize and showcase meaningful corporate endeavors addressing climate change. By ingraining climate action into the fabric of organizational strategies, the initiative champions sustainable practices across diverse industries.
A spokesperson for the company remarked, “The CAP 2.0° Award from CII is a testament to our relentless pursuit of sustainability at Dalmia Bharat. We are proud to lead the charge in climate action, integrating innovative practices that not only mitigate environmental impact but also drive our business forward. This recognition fuels our commitment to pioneering solutions that redefine industry standards while fostering a sustainable future for generations to come.”
DCBL’s dedication to sustainability is evident through its innovative approach to climate action. Through strategic collaborations and resource optimization, the company epitomizes a staunch commitment to environmental stewardship. Guided by its business philosophy of “Clean and Green is Profitable and Sustainable,” Dalmia Cement has achieved one of the lowest carbon footprints globally in the cement sector, with CO2 emissions standing at 463kg per ton in FY23. It proudly stands as the first cement group committed to attaining carbon negativity by 2040.
Furthermore, the company stands as a frontrunner in the production of slag cement in India, boasting an impressive blending ratio of 84 per cent. DCBL has spearheaded the utilization of recycled waste in cement kilns and has embarked on the transition to electric vehicles by joining EV100, thereby becoming the first in the world to triple join RE100, EP100, and EV100 initiatives. Additionally, the company achieved a commendable 14 times water positivity in FY23. With an unwavering focus on scaling operations, enhancing its brand, harnessing digital technology, and prioritizing sustainability, DCBL is poised to capitalize on future growth opportunities.
