Ultratech Cement Ltd.

BSE: 532538 | NSE: ULTRACEMCO
Large Cap | Cement & Construction Materials
12225.25
188.45 (1.57%)
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SBTi validates UltraTech Cement’s CO2 emissions reduction targets

Date: 12-03-2021

UltraTech Cement has declared the validation of its carbon dioxide (CO2) emissions reduction targets by the Science Based Targets Initiative (SBTi).

Targets adopted by companies to reduce GHG emissions are considered ‘science-based’ if they are in line to meet the goals of the Paris Agreement - to limit global warming to well below 2, preferably to 1.5 degrees Celsius, compared to pre-industrial levels. As per SBTi, UltraTech’s targets are acceptable and consistent with the global effort to limit temperature rise below the ‘2 degrees Celsius’ threshold as agreed as part of the Paris Agreement.

UltraTech Cement is the largest manufacturer of grey cement, ready mix concrete (RMC) and white cement in India.