ACC Ltd, one of the leading cement producers of the country, has been recognised for its efforts to reduce its CO2 emissions, with the Oriented Award at the Climate Action Programme 2.0° Awards.
CAP 2.0° by Confederation of Indian Industry (CII) is a recognition and capability enhancement programme for businesses to become climate resilient. Based on a CII climate-maturity model and using the principles of business excellence framework, CAP 2.0° helps businesses to contract climate risks and exploit market opportunities.
ACC won this award in the Energy, Mining and Heavy Manufacturing sector category. The award recognises the Company’s continued focus on climate action, building a circular economy, and conserving resources and nature.
“Sustainable construction and environment conservation is our core corporate objectives. Through our consistent focus on sustainable business practices, we have emerged as one of the companies with the lowest carbon footprints in the cement industry. We are elated to have been recognised by CII CAP 2.0° for our climate action efforts and this will motivate us further to continue working towards building a greener planet.”, said Mr Sridhar Balakrishnan, MD & CEO, ACC Limited.
Sustainability is one of the defining factors for business excellence at ACC Ltd. As part of global cement major LafargeHolcim, the Company is committed to the Net Zero vision of the group, and is an industry leader in combating climate change through consistent commitment to sustainable practices.
ACC’s sustainability mission is defined by the Triple Bottom Line, which signifies accomplishing three interdependent and mutually reinforcing goals of economic development, social development, and environmental protection.
To further cement its position as a responsible manufacturer, ACC became a partner of the Global Cement and Concrete Association (GCCA) which is a member-led programme of the World Business Council for Sustainable Development (WBCSD).
The virtual award ceremony of the CAP 2.0° recognition for 2019-20 was held on 17 March 2021. Shri Rameshwar Prasad Gupta, Secretary, Ministry of Environment, Forest and Climate Change attended the ceremony as the Chief Guest for the event.
Moving Indian industry into climate action, CAP 2.0° is a benchmark programme recognizing industry climate mitigation initiatives with the purpose of cascading learnings and encouraging quick scale up, thereby contributing to India’s climate goals.