UltraTech Cement - Strategic Initiatives and Financial Overview
ESG at UltraTech: SBTI targets validated
SCIENCE
BASED
TARGETS
DRIVING AMBITIOUS CORPORATE CLIMATE ACTION
March to
June 2020
✓ Letter submitted
to SBTi
✓ Data analysis to
finalize base year
SBTi targeting
method and tool
Press release on
11th March
July 2020
August 2020
August to
November 2020
December to
January 2021
March 2021
UltraTech joined the growing list of
companies adopting science based
target initiative (SBTi) as part of its
climate commitment. Our targets will
prepare our business to be in line with
below 2° C threshold as per the Paris
agreement.
Management
buy-in
SBTi
Commitment
Sign-up
to SBTi
Incubator
✓ Peer benchmarking
✓ Summarized
presentations with
benefits
✓ Anchored by CDP
and WWF
✓ Expert pool with
knowledge on SBTi
requirements
Data
collection and
SBTI model
simulation
Closure
of findings
and Target
validation
Public
announcement
on target
validation
Three rounds of
responses
Quick turn-
around
Benefits
of SBTi target
setting
Boosts brand
reputation
Competitive
advantage
Drives
Innovation
Increased
regulatory
resilience
Bottom line
savings
ADITYA BIRLA
UltraTechView entire presentation