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UltraTech Cement has CO2 reduction targets validated

UltraTech Cement has CO2 reduction targets validated 11 May 2021 The Science-Based Targets initiative (SBTi) has validated UltraTech’s carbon dioxide (CO 2) emissions reduction targets. In July 2020 the company had committed to set ‘science-based targets’ to reduce its greenhouse gas (GHG) emissions. UltraTech has also committed to reduce Scope 1 GHG intensity by 27 per cent by 2032 from the base year of 2017 and Scope 2 GHG intensity by 69 per cent within the same time frame. The SBTi has validated UltraTech’s GHG reduction targets which covers the target to lower its CO 2 intensity in cement to 462kg net CO 2/t of cementitious material by 2032. As per SBTi, UltraTech’s targets are acceptable and consistent with the global effort to limit temperature rise below the 2°C threshold in line with the Paris Agreement.

UltraTech Cement s 19 5Mta capacity projects start civil work

UltraTech Cement s 19.5Mta capacity projects start civil work 11 May 2021 UltraTech Cement has placed most of the equipment orders and has seen the start of civil work at the sites of its capacity expansion projects, according to a company update. Earlier the company had approved capacity expansion plans of 19.5Mta through a mix of brownfield and greenfield expansion, covering five integrated cement plants and 12 grinding units. The additional capacity is being created in the fast-growing markets of the east, central and north regions of the country. Commercial production from these capacities is expected to go on-stream in a phased manner, during FY22 and FY23. 

UltraTech Cement - 2nd covid wave a blip; long-term thesis intact - ICICI Securities

UltraTech Cement - 2nd covid wave a blip; long-term thesis intact - ICICI Securities
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UltraTech Cement - In-line strong performance; Capex plan retained - HDFC Securities

UltraTech Cement - In-line strong performance; Capex plan retained - HDFC Securities
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Q4FY21 Result Update - UltraTech Cement - ICICI Direct

Q4FY21 Result Update - UltraTech Cement - ICICI Direct
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