ACC (ACC) has its 2030 carbon emission reduction targets endorsed by the Science Based Targets initiative (SBTi).
The company has signed the Business Ambition for 1.5°C pledge and joined the race to zero campaign of the United Nations Framework Convention on Climate Change.
This makes ACC the first company in the Indian construction sector to sign the Business Ambition for 1.5°C commitment with 2030 intermediate targets approved by SBTi.
ACC partnered with CDP India's SBTi Incubator Program to develop its science-based targets.
ACC’s SBTi approved targets align with the reductions required to limit warming to well below 2°C. ACC commits to reduce scope1 GHG emissions by 21.3 percent per ton of cementitious and scope 2 GHG emissions 48.4 percent per tonne of cementitious material by 2030, from a 2018 base year.
With these targets, ACC commits to reduce its CO2 intensity in cement operations from 511 kg in 2018 to 409 kg CO2 per ton of cementitious material by 2030.
In line with the parent company Holcim Group’s Net-Zero Pledge, ACC has taken several measures to reduce CO2 emissions, such as reducing the clinker factor, improving thermal substitution rate reducing thermal and electrical energy intensity, implementing waste heat recovery system and increasing the rate of renewable energy consumption, and introducing new technologies.
With 493 kg CO2 per ton of cementitious material in 2020, ACC performance is among the lowest specific CO2 emissions in the country.
Science-based targets (SBTs) enable companies to develop a clearly defined decarbonization roadmap that aligns with the goals of the Paris Agreement and promotes a Net-Zero energy system.