Dalmia Cement Bharat (DCBL), a prominent player in India’s cement sector, has received the prestigious Climate Action Programme (CAP) 2.0 Award. Presented by the Confederation of Indian Industry (CII), this recognition underscores DCBL’s unwavering commitment to climate resilience and sustainability. The award ceremony was graced by Shri Dinesh Dayanand Jagdale, the Joint Secretary of the Ministry of New and Renewable Energy, Government of India.
Innovative Efforts and Dedication to Climate Action
The CAP 2.0 initiative, spearheaded by the CII-ITC Center for Excellence for Sustainable Development, seeks to acknowledge and promote meaningful corporate initiatives addressing climate change. By incorporating climate action into their business models, participating organizations drive sustainable practices across industries. DCBL’s esteemed spokesperson shared, “The CAP 2.0 Award from CII is a testament to our steadfast pursuit of sustainability at Dalmia Bharat. We take pride in leading the charge towards climate action, implementing innovative practices that not only reduce environmental impact but also propel our business forward. This recognition fuels our commitment to pioneering solutions that redefine industry standards while fostering a sustainable future for generations to come.”
Pioneering Sustainable Practices
DCBL’s dedication to sustainability is reflected in its groundbreaking approach to climate action. The company demonstrates a strong commitment to environmental stewardship through strategic collaborations and optimal resource utilization. Guided by the business philosophy of “Clean and Green is Profitable and Sustainable,” DCBL has achieved one of the lowest carbon footprints globally within the cement sector, with CO2 emissions at a commendable 463 kg per ton in FY23. Furthermore, DCBL has committed to becoming carbon negative by 2040, making it the first cement group to do so. A trailblazer in the production of slag cement in India, DCBL boasts an impressive 84% blending ratio. The company has also set itself apart by championing the use of recycled waste in cement kilns. Additionally, DCBL has embarked on the transition to electric vehicles and joined the EV100 initiative. In fact, DCBL is the first company globally to triple join the RE100, EP100, and EV100 initiatives. Moreover, DCBL has successfully achieved water positivity fourteen times over in FY23, exemplifying its strong commitment to responsible water usage.
Strategic Direction and Future Prospects
With a steadfast focus on expanding its scale, enhancing its brand, harnessing digital technology, and prioritizing sustainability, DCBL is well-positioned to capitalize on future growth prospects. The company’s track record of innovative and sustainable practices sets the stage for continued success and leadership in the industry. DCBL’s receipt of the CAP 2.0 Award reinforces its status as a trailblazer committed to ongoing climate resilience and sustainability efforts. As the company redefines industry standards, it sets a strong example for businesses across sectors to incorporate sustainable practices that mitigate environmental impact while driving business growth.