ACC is committed to generating a third of its turnover from enhanced sustainability solutions, according to managing director and CEO Sridhar Balakrishnan. The company, he says, aspires to become carbon-neutral, bio-diversity and water positive, as well as plastic-negative by optimising its value chain towards practices that progressively reduce its environmental impact.
Its efforts have earned ACC the highest recognition of ‘Outstanding Accomplishment’ in the Corporate Excellence category at the CII-ITC Sustainability Awards 2019. The Award recognises the way ACC integrates sustainability into governance, strategy, business processes.
The leading cement company shows performance across all three pillars of sustainability excellence - people, planet and profit – with a formal sustainable development plan till 2030 that focuses on the four broad themes of climate, circular economy, water and nature, and people and communities.
CII-ITC also gave the Chanda Cement Works in Chandrapur, Maharashtra, a commendation for ‘significant achievement in environment management’ for its innovative approaches, policies and practices in reducing environmental impact.
ACC has taken several measures to reduce the intensity of its carbon dioxide emission, like clinker factor reduction, waste heat recovery, using renewable energy and adopting of new technologies. Its output of CO2 is only 505 kg per tonne of cement, one of the lowest in the world.