- Climate Change
- Consolidation and Intense Competition
- Plant and Region Dependency
- Supply Chain – Water Availability
- Succession Planning
- IT Data Privacy and Cyber Security
- Fuel Procurement
- Shortage of critical natural resources and impact of extreme weather events
- Adverse effects of Artificial Intelligence (AI) or disruptive technologies
- Increased geopolitical conflicts
Shree Cement Limited
Greenhouse gas emissions & sustainability report data
In its 2023-04 to 2024-03 reporting, Shree Cement Limited disclosed greenhouse gas emissions of 21.9K tCO2e/year (Scope 1). By scope: Scope 1: 21.9K tCO2e/year; Scope 2: 370 tCO2e/year; Scope 3: 310.7K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
21.9K tCO2e/year (Scope 1)
2023-04 to 2024-03
Renewable Energy
55.9%
of total energy
Water Usage
2.2K ML/year
2023-04 to 2024-03
Waste
16.1K MT/year
2023-04 to 2024-03
Energy Use
109.2K TJ/year
2023-04 to 2024-03
📊 Emissions by Scope (2023-04 to 2024-03)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 21.9K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 370 tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 310.7K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023-04 to 2024-03 | 21.9K tCO2e/year (Scope 1) |
| 2020-04 to 2021-03 | 15.5K thousand tonnes CO2e |
| 2019-04 to 2020-03 | 15.1K thousand tons CO2e (Scope 1 & 2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Green electricity contributed to 55.9% of our total electricity consumption.
- Thermal Substitution Rate (TSR) is 2.37%.
- Water positivity >7 times.
- Increased agro waste consumption, use of biofuel and other initiatives have led to avoiding carbon emissions.
- Blended cement production during FY 2023-24 led to avoiding a total of 7.2 million tonnes of CO2 emissions.
🎯 Climate & Sustainability Targets
🔜 Short-term
- 80+ million tonnes of cement production capacity by 2028
📅 Medium-term
- ~100 plants in the next three years in ~50 cities pan India (RMC)
🔭 Long-term
- 100 percent renewable electricity by 2050 (RE100)
🌱 ESG Focus Areas
Climate ChangeBiodiversityWaterEnergy & Emissions ManagementWaste Management & Circular EconomyLow carbon productsHuman rights & Non-DiscriminationOccupational Health & SafetyTraining & DevelopmentEmployee RelationCommunity DevelopmentCustomer SatisfactionGovernance Risk ManagementGovernance & EthicsCyber SecurityBusiness PerformanceRegulatory ComplianceSupply chain, Raw material procurement & Procurement practiceIndirect economic ImpactResettlement & Rehabilitation