13 UltraTech limestone mines awarded 5-star ratings

Thirteen limestone mines of UltraTech Cement Limited, India’s leading cement and RMC company, received 5-star ratings for year 2021-22 from the Indian Bureau of Mines at the 75^th anniversary celebrations of the Indian Bureau of Mines on March 1, 2023. These are the highest number of 5-star ratings awarded to any company in India across all sectors.

At the programme marking the event, the Hon’ble Union Minister of Parliamentary Affairs, Coal and Mines, Shri Pralhad Joshi, felicitated UltraTech for demonstrated exceptional performance in all aspects of mining and contributing to India’s mining sector. The felicitation ceremony was also graced by Shri Vivek Bharadwaj, Union Secretary, Ministry of Mines.

UltraTech’s endeavours in driving excellence in mining are in line with the Indian Bureau of Mines’ goals towards sustainable mining, efficient operations and technology-driven mineral processing.

Conceptualised by the Ministry of Mines, the star ratings are based on adoption of best practices for implementation of Sustainable Development Framework in mining. A five-star rating, highest in the rating scheme, is given to mines which performed best on parameters such as scientific, efficient and sustainable mining, compliance of approved production, land resettlement and other social impacts.

Championing Climate Action

The focus areas of Sustainability for UltraTech are decarbonization, circular economy, biodiversity management, water positivity, safe operations and community development. UltraTech has the distinction of being the first company from India to successfully raise dollar denominated Sustainability Linked Bonds (SLB).

UltraTech’s key climate change commitments

• UltraTech is a signatory to the GCCA Climate Ambition 2050 and has committed to Net Zero Concrete Roadmap announced by GCCA.
• UltraTech’s GHG emission reduction targets are validated by Science Based Targets Initiative (SBTi). Key targets include:
  • Reduce Scope 1 CO₂ intensity by 27% by 2032 from 2017 levels, and
  • Reduce Scope 2 CO₂ intensity by 69% by 2032 from 2017 levels
• UltraTech is committed to move towards 100% renewable sources by 2050 under the #RE100 commitment run by The Climate Group.
• UltraTech targets to double energy productivity by FY35, from the base year of FY10, as part of its EP100 commitment.