Executive Summary

In the wake of rapid urbanisation and growing infrastructure needs, the Indiancement industry is experiencing high product demand. However, it is alsoknown for its substantial environmental impact, including high GHG emissionsand resource consumption. Stakeholders and investors are becoming moreoutspoken about sustainability issues concerning the industry. Thiswhitepaper explores the importance of ESG in the cement and concreteindustry and highlights the key trends, challenges, and opportunities.

Key Highlights

• By delving into the financial implications, we demonstrate how ESGintegration can enhance the resilience and competitiveness of cementcompanies.
• Key opportunities include, cost savings, increased investor attraction,access to green finance and competitive advantage.
• Decarbonization of the cement industry remains the most important ESGfocus area for companies and stakeholders alike.
• The most popular decarbonization levers in practice are improved energyefficiency, reducing clinker to cement ratio, using alternative fuels andrenewable energy.

Drawing on successful examples from different cement companies in thecountry, we showcase best practices in ESG implementation. These casestudies serve as practical models for Indian cement companies seeking toembark on their sustainability journey. Due to the inevitable tension betweeneconomic growth and corporate responsibility, it is imperative for the cementindustry to understand its current ESG status and risk and articulate its futuresustainability goals. By acting responsibly, the Indian cement industry can playa leading role in the nation's sustainable development and create a positiveimpact on a global scale.

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