ACC signs net zero pledge for carbon reduction goal 2030
ACC Limited, a subordinate of Holcim Group, has signed the business aspiration for the 1.5 degree celsius pledge and becomes the first company in the Indian construction sector to sign the net-zero pledge with 2030 intermediate targets approved by the science-based target initiative (SBTi).
ACC Limited, MD and CEO, ACC Sridhar Balakrishnan, said that the company continuously aims to become a responsible and sustainable company by implementing calibrated schemes to reach sustainability goals and objectives. Taking this step forward, ACC has now entered the group of global companies leading towards an ambitious low carbon economy with approved science-based targets.
ACC has adopted various steps to decrease carbon dioxide emissions, such as decreasing the clinker factor, improving the thermal substitution rate (TSR), decreasing thermal and electrical energy intensity, executing a waste heat recovery system (WHRS), and upgrading the renewable energy consumption rate, and introducing new technologies.
In 2020 with cementitious material of 493 kg carbon dioxide per ton, ACC performance is between the lowest specific carbon dioxide emissions in the country. ACC will continue to develop low-carbon products and sustainable solutions through its proactive approach.