Slide 1: UltraTech Cement Limited
UltraTech Cement Limited Taking concrete action for a sustainable future Stock code: BSE: 532538 | NSE: ULTRACEMCO | Reuters: UTCL.NS | Bloomberg: UTCEM IS/UTCEM LX
Slide 2: ESG Strategy Environment Social Governance
01 02 03 04 ESG Environment Social Governance Strategy GLOSSARY MNT – Million Metric Tons, LMT – Lakh Metric Tons, MTPA – Million Tons Per Annum, MW – Mega Watts CY – Current Year period, LY – Corresponding period Last Year, FY – Financial Year (April-March)
Slide 3: Massive opportunity in sustainable construction
Massive opportunity in sustainable construction • Growing need of • World population • India is poised to grow sustainable built projected to reach 10 bn at 7- 8% over the next environment by 2050 decade and be the third • Global focus on Net Zero largest economy by • More than 70% of built Carbon,
Slide 4: Our sustainability playbook
Our sustainability playbook Care for nature Care for society Decarbonisation Community outreach Employee well being & Circularity diversity Sustainable supply Water positive chain Biodiversity Customer centricity 4
Slide 5: UltraTech: ESG Strategy
UltraTech: ESG Strategy Water Groundwater Carbon offset projects Internal carbon pricing recycling recharging Rainwater harvesting • Aligned with UN SDGs Climate change, Water efficient Water technologies Renewable Energy energy & • Identifying opportunities Management and future-proofing the emissi
Slide 6: UltraTech: ESG journey
UltraTech: ESG journey 2005-2009 • Adoption of Global Reporting Initiative (GRI) framework • Published first GRI Sustainability report Awareness • Registered Carbon credits projects with UNFCCC 2010-2019 • first Business Responsibility Report (BRR) • Became Water positive • Response to Carbon Disclo
Slide 7: Environment: Bold environment targets
Environment Bold environment targets Net Zero Carbon by 2050 100% RE by 2050 No Net Loss by 2050 5 times Water positive by 2024 7
Slide 8: Decarbonisation
Decarbonisation CO2 emission reduction path Net kg CO2 emission/t of cementitious material 632 582 462 27% 9.1% Net 12.7% Zero FY17 FY22 Target FY32 2017 2022 2025 2030 2050 Accelerating our decarbonisation trajectory 8
Slide 9: Action plan
Action plan Actions Short term (~1-3 years) Mid to Long term (beyond 2025) Increase of alternative materials to get clinker factor to 0.7 & increase share of blended cement Invest in in-house research and GCCA Innovandi to low Product Chemistry carbon products Increasing SCM in own RMC & customer si
Slide 10: UltraTech to leverage transformational technology for reduction of CO2
Accelerating decarbonisation Electrification of cement kiln heating process using Coolbrook’s Roto Dynamic Heater (RDH) technology with a potential to eliminate up to 30% of CO2 emissions from fossil fuel burning in UltraTech to leverage cement manufacturing. transformational technology for reductio
Slide 11: Water
Water Targets Action plan • To become 5 times water positive by 2024 • Demand reduction measures (air cooled condenser, low flow fixtures etc.) • Maintain WASH score above 1.8 • Invest in rainwater harvesting and recharge initiatives (both plant and community) • Increase efficiency of Sewage treatme
Slide 12: Circularity driven business growth
Circularity driven business growth 10+ Adopted innovative approaches to build our efforts on Circular Economy BUILDING CIRCULAR BUSINESS Circular Use of approach MODELS industrial promotes waste like zinc environmenta slag, Reddipalayam Cement Works achieves 25% AFR Utilization l and phospho- econom
Slide 13: Zero discharge RMC plant
Zero discharge RMC plant • Technology is fully-automated and enables the plant to be real zero discharge with no water and solid waste. • This eliminates the cost of waste disposal and recycling material generated out of the said process. • The partial substitution of sand, fly ash, and water makes
Slide 14: Biodiversity
Biodiversity Targets Biodiversity management • No Net Loss by 2050 • Adopted GCCA guideline on biodiversity & nature • Complete biodiversity assessment for all integrated sites by 2024 • Partnered with IUCN & other partners to create a scientific and systematic approach towards biodiversity manageme
Slide 15: Progress so far
Progress so far Power Consumption/t of Cement 79.3 Clinker Factor 76% 75.4 73.9 73% Kg CO2 emissions /t of cementitious 72% material 632 FY17 FY21 FY22 FY17 FY21 FY22 597 Clinker Factor 582 Thermal Substitution Rate Green Power Mix 4.6% 17.8% 3.1% 12.3% FY17 FY21 FY22 2.1% 8.0% FY17 FY21 FY22 FY17 F
Slide 16: UltraTech on the global charts
UltraTech on the global charts CO2 emissions/t of cementitious material ARM % TSR UltraTech - FY22 582 UltraTech - FY22 19% UltraTech - FY22 5% UltraTech - FY21 597 UltraTech - FY21 18% UltraTech - FY21 3% Global Average - FY21 639 Global Average - FY21 11% Global Average - FY21 23% Lower CO2 emissi
Slide 17: Efforts recognised
Efforts recognised Ranked 7th globally in A- rating - Water Disclosure Construction material B rating - Climate Disclosure Overall ESG Score – 2.2 category A rating - Supplier Engagement “ESG Way” series* “ESG Gauge” compendium* GS Sustain* UltraTech scored 72.7 and in UltraTech scored 61 and amongs
Slide 18: Social
Social Social targets 10% Gender diversity by 2025 Assess 100% critical supplier by 2025 Sustainability awareness session of 25% of tier 1 suppliers by 2025 18
Slide 19: Social value creation
Social value creation Business level goals: By 2025 in 300 villages Community project spent (million USD) • Reduction in poverty from 25% to 5% (vis-à-vis FY22 13.7 the currently measured – people living on less than USD 2 a day) FY21 16.1 • Reduce malnutrition in children under 5 years of age to le
Slide 20: Building a sustainable supply chain
Building a sustainable supply chain Sustainable Supply chain performance KPI Target Status Onboarding Sustainability high risk & High risk & critical Supply chain risk critical supplier supplier ESG minimization & New suppliers to be screened for ESG Continuous Done identification assessment Sustain
Slide 21: Customer centricity
Customer centricity Product Stewardship Deep carbon reduction achieved by engaging with customers Active value chain engagements with customers for reducing climate emissions. On extending the boundary further downstream and evaluating the carbon footprint reduction, primarily by mixing supplementar
Slide 22: Employee development
Employee development Enhancing diversity and inclusion through Innovation culture four-pronged approach Infrastructural support Gender Intelligence Safe Environment Women – friendly policies Human rights management plan Identify Risk prevention Monitoring Diverse workforce Risk identification vulner
Slide 23: Celebrating diversity with a difference
Celebrating diversity with a difference 2 ‘All-women’ RMC plant in India More to come 23
Slide 24: Governance: Board effectiveness
Governance: Board effectiveness Shareholders Independent Directors 50% Board of Directors Nomination, Remuneration and Stakeholders Woman Directors 30% Audit Relationship Compensation Risk Management Corporate Social Board Attendance >95% Finance and Sustainability Responsibility Executive Managemen
Slide 25: Governance: Policies governing our business
Governance: Policies governing our business 1. Sustainability Policy 11. Anti-Harassment and discrimination policy 2. Code of Conduct 12. Supplier Code of Conduct 3. Tax Policy 13. Human Rights Policy 4. Policy on Related Party Transaction 14. Safety Policy 5. Whistleblower Policy 15. Occupational H
Slide 26: Disclosures
Disclosures GRI report BRR/BRSR CDP TCFD Integrated Reporting • Made first climate disclosure in 2013 • Climate disclosure • First BRR disclosure • Completed study • One of early adopter of made for last 9 years against TCFD • This year published made in 2013 our first integrated GRI framework frame
Slide 27: Disclaimer
Disclaimer Statements in this ‘presentation’ describing the Company’s objectives, estimates, expectations or predictions may be “forward looking statements” within the meaning of applicable securities laws and regulations. Actual results could differ materially from those expressed or implied. Impor