Shree Cement
Shree Cement Limited, a prominent player in the Indian cement industry, is headquartered in Kolkata, India. Founded in 1979, the company has established itself as a leader in the production of cement and power, with significant operations across various regions, including Rajasthan, Uttarakhand, and Bihar. Shree Cement is renowned for its high-quality products, including Ordinary Portland Cement (OPC) and Portland Pozzolana Cement (PPC), which are distinguished by their durability and eco-friendly manufacturing processes. The company has achieved remarkable milestones, such as being one of the largest cement producers in India by market capitalisation. With a commitment to sustainability and innovation, Shree Cement continues to enhance its market position, making it a trusted choice for construction and infrastructure projects across the nation.
DitchCarbon Score
How does Shree Cement's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Cement Production industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Shree Cement's score of 19 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Shree Cement's reported carbon emissions
In 2024, Shree Cement reported significant carbon emissions, totalling approximately 19,119,000,000 kg CO2e for Scope 1, 370,000,000 kg CO2e for Scope 2, and 310,685,000 kg CO2e for Scope 3 emissions. This reflects their ongoing commitment to transparency in emissions reporting across all scopes. The company has set ambitious reduction targets, aiming to decrease Scope 1 greenhouse gas emissions by 12.7% per tonne of cementitious materials by 2030, using 2019 as the baseline year. Additionally, Shree Cement plans to reduce Scope 2 emissions by 27.1% per tonne of cementitious materials within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are designed to contribute to global efforts to limit temperature rise to 2°C. Shree Cement's emissions data indicates a proactive approach to managing their carbon footprint, with a focus on both direct emissions (Scope 1) and indirect emissions from energy consumption (Scope 2). The company continues to engage in initiatives aimed at enhancing sustainability within the construction materials sector in India.
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| 2012 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 8,730,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000 | 00,000,000 | 00,000,000,000 |
| Scope 2 | 280,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000 | 000,000 | 000,000,000 |
| Scope 3 | 442,361,750 | - | 000,000,000 | 000,000,000 | - | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Shree Cement is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
