ACC releases Sustainable Development Report

ACC Limited has launched India’s first externally assured Sustainable Development report that is prepared and published in accordance with the latest G4 guidelines of the Global Reporting Initiative (GRI). ACC’s Sustainability Development Report for the year 2013, gives an overview of the company’s consistent efforts and achievements in promoting sustainable development. It encapsulates ACC’s pan India endeavours to pursue good corporate citizenship practices and energy efficiency initiatives while demonstrating the dedication and research to adopt more environment friendly processes of cement and concrete manufacturing.

It is significant to note that ACC released the country’s first Sustainable Development Report based on GRI’s latest guidelines in a year when it also received one of the country’s top honours for sustainability, namely the prestigious CII – ITC Sustainability Prize 2013 for large companies. Also worth a mention is that ACC was ranked as being The Most Admired Company in Cement Sector in 2013 by Fortune India magazine.

In addition to conforming to the new reporting guidelines, the company rendered the report more meaningful by first reviewing and updating its understanding of stakeholder perceptions. Called materiality matrix, the exercise helped the company to prioritize key concerns of stakeholders in respect of sustainability. It has also enabled the company to develop a more meaningful road map for the near term. 

Key Highlights

• Community development initiatives reached more than half a million people in 132 villages
• ACC’s overall carbon intensity has been cut by 32% since 1990
• Commissioned ACC’s 1st waste heat recovery power generation unit of 7.5MW which can potentially reduce 44,180 tonnes of CO2 per year and provide 7.5% green energy for the plants
• More than 5 Lakh tonnes of alternative raw materials and fuels was used in the cement manufacturing process, raising the thermal substitution rate (TSR) to 4.36% during the year
• ACC has received clearances for co-processing the highest number (127) of waste streams across various stages in the country