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Ambuja Cement among top 5 in global DJSI green index

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  • Company rises by two positions as compared to last year’s DJSI ranking

Ambuja Cements Ltd., a part of the global conglomerate LafargeHolcim and one of the leading cement manufacturing companies in India, has moved two notches up to 5th rank globally in the Construction Material category adjudged by the internationally renowned Dow Jones Sustainability Index – 2018, thus setting yet another benchmark in the sustainable development.

With this, Ambuja Cement has earned the distinction of being the only Indian company to secure such a high rank – up by two positions as compared to the last year’s sustainability benchmarking.

The Dow Jones Sustainability Index (DJSI) are a family of benchmarks that uses a best-in-class approach to select sustainability leaders from various industry sectors across the world, enabling investors to track the companies’ performance and integrate sustainability considerations into their portfolios. Since the launch of the DJSI World in 1999, several other Dow Jones Sustainability Indices and new index families that rely on the Corporate Sustainability Assessment (CSA) results have been developed to meet a range of investor specific needs.

Delighted, Ambuja Cement MD & CEO Ajay Kapur said, "We are truly honoured by this highest recognition for the second year in a row from the global DJSI ranking, which is regarded as the most respected independent sustainability ranking system. While this accomplishment reaffirms Ambuja Cement as the clear leader in Sustainability, what makes us feel even more proud is the fact that we have outdone ourselves on this front despite challenges; and moved up in the ranking."

Mr Kapur added, "This is yet another step drawing us closer to achieving our vision as the most sustainable company in the industry. The recognition like this further strengthens our commitment to perform even better in our ongoing sustainability journey, creating greater value to all stakeholders – customers, investors, employees and society at large."

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Concrete

Holcim UK drives sustainable construction

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Holcim UK has released a report titled ‘Making Sustainable Construction a Reality,’ outlining its five-fold commitment to a greener future. The company aims to focus on decarbonisation, circular economy principles, smarter building methods, community engagement, and integrating nature. Based on a survey of 2,000 people, only 41 per cent felt urban spaces in the UK are sustainably built. A significant majority (82 per cent) advocated for more green spaces, 69 per cent called for government leadership in sustainability, and 54 per cent saw businesses as key players. Additionally, 80 per cent of respondents stressed the need for greater transparency from companies regarding their environmental practices.

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Concrete

GCCA releases LCR system

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The Global Cement and Concrete Association (GCCA) has launched the Low Carbon Ratings (LCR) system for cement and concrete, a new global rating based on products’ carbon footprints. The system uses a clear AA to G scale to help customers prioritise sustainability in material selection across construction sectors worldwide. The GCCA says that the LCR system is designed to be easily recognisable, with a simple visual graphic that indicates a product’s rating and provides consistency and comparability to other products.

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Concrete

FLSmidth opens eco-friendly plant in Casablanca

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FLSmidth has inaugurated a €21 million mill liner manufacturing plant in Casablanca, covering 11,250m² with a production capacity of 6,500 tonnes annually. The LEED-certified facility significantly reduces carbon emissions by up to 56 per cent and fully recycles water used in the manufacturing process. Up to 250 jobs will be created in the Valparaíso region. Mikko Keto, CEO, highlighted the plant as a symbol of FLSmidth’s commitment to sustainable mining and community engagement in South America. Earlier in 2024, the Denmark-based company announced plans to sell its cement division to sharpen its focus on mining operations.

 

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