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Ambuja Cements and ACC Receive SBTi Validation for Net-Zero Emissions Targets

Validation aligns their 2030 and 2050 targets with the Paris Agreement’s 1.5°C pathway, opening access to carbon credit markets.

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Overview

  • SBTi has approved net-zero and near-term emissions targets for Ambuja Cements and ACC, making them the first Indian cement firms to secure this validation under the Corporate Net-Zero Standard.
  • The companies will strive to cut direct emissions by 2030 and reach full net-zero by 2050 in line with climate science.
  • Ambuja Cements intends to source 60% of its power from renewable and green energy by fiscal 2028 through 1 GW of solar and wind installations and 376 MW of waste heat recovery systems.
  • The validation enables the firms to participate in India’s Carbon Credit Trading Scheme and engage in global carbon markets.
  • As the first cement maker to join IRENA’s Alliance for Industry Decarbonization and a member of the World Economic Forum’s Transitioning Industrial Clusters initiative, the companies will leverage Adani Group’s green hydrogen and renewable energy expertise.