Thursday, September 13, 2018

UltraTech Joins EP100

The Climate Group is an international non-profit, founded in 2004, with offices in London, New Delhi and New York. Their stated goal is a world of under 2°C of global warming and greater prosperity for all, without delay.

And they propose to bring about these changes by:

Bringing together powerful networks of businesses and governments, which shift global markets and policies, towards this goal.
By acting as a catalyst to take innovation and solutions to scale. And use the power of communication to build ambition and pace.
By focusing on the greatest global opportunities for change.

EP100
The Climate Group’s global EP100 initiative in partnership with the Alliance to Save Energy brings together a growing group of energy-smart companies committed to using energy more productively, to lower greenhouse gas emissions and accelerate a clean economy.

The Climate Group estimates that if 100 companies double their energy productivity by 2030 – generating twice as much economic output for every unit of energy consumed – over 170 million metric tons of emissions could be avoided cumulatively, equivalent to taking 37 million cars off the road for a year.

By setting ambitious targets and integrating energy efficiency into business strategy, leading companies are driving clean tech innovation while delivering on emissions reduction goals – inspiring others to follow their lead.

Dalmia Cement, H&M and Johnson Controls are already on EP100 according to The Climate Group's official website.

The Aditya Birla's UltraTech Cement is the latest company to join the EP100 initiative. UltraTech has committed to double its energy productivity, improvement of energy performance is one of the critical levers for UltraTech to reduce the carbon intensity of its operations. This will also provide a strategic boost to UltraTech's low carbon growth target of reducing carbon intensity by 25 per cent by 2021 (2005 baseline) according to a statement issued by the company.

Ms.Helen Clarkson, CEO, The Climate Group, said, “It’s hugely encouraging to see UltraTech, one of the leading cement producers globally, step up on energy efficiency – this is a win-win for emissions reduction and business growth. We need to see many more cement companies and other large energy users in hard-to-abate sectors follow UltraTech’s lead.”

Mr.K K Maheshwari, Managing Director, UltraTech Cement Limited said, “UltraTech Cement has always been at the forefront in adopting sustainable processes in its business operations. The Company has some of the best performing plants on energy metrics across the world. As a responsible organisation, we realise the need for further substantial improvements in energy productivity. Our membership of EP100, we believe, will play a catalytic role in helping us accelerate towards doubling our energy productivity, which is a key strategic lever to achieve sustainable business growth”.

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