Ultratech Cement has informed that Science Based Targets Initiative (SBTi) has validated the Company’s CO2 emissions reduction target. SBTi champions science-based target setting as a powerful way of boosting companies’ competitive advantage in the transition to a low-carbon economy. It is a collaboration between Carbon Disclosure Project (CDP), the United Nations Global Compact (UNGC), World Resources Institute (WRI), and the World-Wide Fund for Nature (WWF), and one of the We Mean Business Coalition commitments. In this regard, the company has attached a press release on 12th March 2021 titled ‘SBTi validates UltraTech’s CO2 emissions reduction targets’, which is being issued to the media and also uploaded on the Company’s website.
The above information is a part of company’s filings submitted to BSE.
