UltraTech Cement plans to increase the overall share of green energy in its total energy mix to 85 percent by 2030. As an interim target, UltraTech plans to increase its total green energy share threefold from its current 22 percent to 60 percent by FY26.
UltraTech targets to meet 100 percent of its electricity requirement through renewables sources by 2050, as part of its RE100 commitment. To boost the share of green energy in the overall energy mix, it has implemented several initiatives including switching to renewable energy sources and expanding Waste Heat Recovery Systems (WHRS).
In addition to reducing the carbon footprint of its own operations, UltraTech is working with its partners to accelerate decarbonisation across its value chain. Logistics is a key business driver for the cement industry helping to ensure easy availability of products for consumers. However, logistics also adds significantly to the carbon footprint of the cement industry given the reliance on fossil fuels for transport in this segment.
UltraTech is among the first cement companies in India to introduce ‘Green Logistics’ in the form of CNG / LNG trucks. It is committed to enabling sustainable transport and has pledged to deploy 500 electric trucks and add 1000 CNG / LNG vehicles in the 40 Tonne category in its operations, by June 2025 as part of Government of India’s eFAST initiative.
Towards this objective, UltraTech is engaging with its logistics partners for the deployment of CNG and LNG trucks to replace the conventional diesel vehicles wherever possible.
UltraTech has adopted a very holistic approach towards reducing the use of fossil-fuels and increasing the use of green and renewable energy. It has stated its intent not to invest any further in thermal power capacity, keeping in line with its objective to reduce dependence on fossil fuels and increase use of green energy.
The company is constantly exploring the use of new technologies to accelerate the decarbonisation of its operations. In addition to reducing the carbon footprint of its own operations, UltraTech is working with its partners to accelerate decarbonisation across its value chain.