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UltraTech won FICCI Indian Circular Economy Award 2021

News Desk, News Nation 360 : UltraTech Cement Limited, the largest manufacturer of grey cement, white cement and ready-mix concrete in India, has won the Federation of Indian Chambers of Commerce and Industry’s (FICCI) Indian Circular Economy Award (ICEA), 2021. UltraTech has been declared as a joint winner in the Large Enterprise category. As a joint winner in the Large Enterprise category, the award appreciates UltraTech’s efforts to accelerate its business towards a circular model and identifies the Company as most innovative and impactful in its practices. The circularity of materials is a priority for UltraTech in tackling the issue of overutilization of natural resources and disposal of waste generated from its use. UltraTech focusses on using fewer natural resources across its value chain. The Company follows a dual approach for efficient waste management: First, by generating less waste using raw materials judiciously so that waste can be managed effectively. Second, by substituting fossil fuels and raw materials with waste material generated not only from the Company’s plants but also from other industries and municipal corporations thus helping to reduce the carbon footprint as well as preventing waste disposal as landfill. The circularity of materials is a priority for UltraTech in tackling the issue of overutilization of natural resources and disposal of waste generated from its use. UltraTech focuses on using fewer natural resources across its value chain. The Company follows a dual approach for efficient waste management: First, by generating less waste using raw materials judiciously so that waste can be managed effectively. Second, by substituting fossil fuels and raw materials with waste material generated not only from the Company’s plants but also from other industries and municipal corporations thus helping to reduce the carbon footprint as well as preventing waste disposal as landfill. UltraTech is committed to driving sustainability across the value chain of its operations. The focus areas are decarbonisation, circular economy, biodiversity management, water positivity, safe operations and community development.

Report : Anustup Kundu