ACC Integrated Report 2022-2023 (2024)

ACC Integrated Report 2022-2023 (1)

ACC Integrated Report 2022-2023 (2)

ACC Integrated Report 2022-2023 (3)

BUILDING

A BETTER

TOMORROW.

Strengthening the
Foundation of Tomorrow

Integrated Report 2022-23

BUILDING

A BETTER

TOMORROW.

Strengthening the
Foundation of Tomorrow

In today's ever-evolving world, the quest for progress goes beyond mere accomplishments; it extends to building a better tomorrow for generations to come. As a responsible and forward-thinking organisation, we embrace this noble endeavour wholeheartedly.

We are resolute in our mission to minimise our ecological footprint and make a positive impact on the environment. As a proud part of the Adani Group, we have harnessed synergies to drive substantial progress in our ESG performance. We are reducing our carbon footprint and making significant strides towards a low-carbon future.

2022-23 Highlights

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Revenue from operations

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Cement production volume

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EBITDA

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Clinker factor

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Profit after tax

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Green power utilised for Cement production

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Earnings per share

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CSR spend

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Networth

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Total no. of beneficiaries reached through CSR

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Market capitalisation

Note: All figures are on standalone basis.

Sustainability Strategy

Charting a Course Towards
Positive Change

Our SD 2030 plan sets out our sustainability goals for the next decade, focusing on four key pillars: climate and energy, circular economy, environment, and people and community. We are committed to responsible resource use, minimising our impact on the environment, and creating innovative solutions for better construction. Sustainability is integral to our strategy, risk management, and core offerings. Our efforts have led to industry-leading standards in areas such as green product development, fossil fuel substitution, and process optimisation.

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ACC Integrated Report 2022-2023 (5) ACC Integrated Report 2022-2023 (6)

Accelerating growth

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ACC Integrated Report 2022-2023 (7) ACC Integrated Report 2022-2023 (8)

Accelerating growth

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Delivering superior performance

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ACC Integrated Report 2022-2023 (11) ACC Integrated Report 2022-2023 (12)

Leading in sustainability

ACC Integrated Report 2022-2023 (13)

Chairman’s Statement

Towards a Sustainable Future for All

ACC Integrated Report 2022-2023 (14)

Entering the cement business was a natural choice that complemented our plans and our fundamental beliefs about the growth prospects of India."

Karan Adani
Chairman

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ACC Integrated Report 2022-2023 (16)

CEO’s Message

A Concrete Progress Towards a Better Tomorrow

ACC Integrated Report 2022-2023 (17)

We have implemented a blueprint of improvements through synergies, capex for efficiency and decarbonisation whilst creating opportunities which will redefine the cement industry landscape."

Ajay Kapur
Chief Executive Officer

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ACC Integrated Report 2022-2023 (18)

ACC Integrated Report 2022-2023 (19)

Sustainable Development
2030 (SD 2030) plan

ACC Integrated Report 2022-2023 (20)

ACC Integrated Report 2022-2023 (21)

Climate and energy

Objective

We aim to reduce our CO2 emissions and build a low-carbon nation.

Lead Metrics

CO2 emitted

Target

400 kg/t cementitious material

FY 2023 Performance

466 kg/t cementitious material

SDGs Impacted

ACC Integrated Report 2022-2023 (22) ACC Integrated Report 2022-2023 (23) ACC Integrated Report 2022-2023 (24)

Circular economy

Objective

We are replacing natural resources with alternative materials and renewable energy.

Lead Metrics

Waste reused

Target

30 million tonnes

FY 2023 Performance

~15 million tonnes

SDGs Impacted

ACC Integrated Report 2022-2023 (25) ACC Integrated Report 2022-2023 (26) ACC Integrated Report 2022-2023 (27) ACC Integrated Report 2022-2023 (28)

Environment

Objective

We strive for operational excellence to reduce our environmental footprint. This pillar primarily focuses on two aspects: water and biodiversity.

Lead Metrics

Water positivity index

Target

5 (no. of times)

FY 2023 Performance

1.1 (no. of times)

SDGs Impacted

ACC Integrated Report 2022-2023 (29) ACC Integrated Report 2022-2023 (30) ACC Integrated Report 2022-2023 (31)

People and community

Objective

Our rich legacy of community development and caring for our people, path breaking leadership and corporate empathy contributes to societal progress

Lead Metrics

No. of beneficiaries

Target

3.5 million total beneficiaries

FY 2023 Performance

1.2 million people directly benefited through community development projects

SDGs Impacted

ACC Integrated Report 2022-2023 (32) ACC Integrated Report 2022-2023 (33) ACC Integrated Report 2022-2023 (34) ACC Integrated Report 2022-2023 (35) ACC Integrated Report 2022-2023 (36) ACC Integrated Report 2022-2023 (37) ACC Integrated Report 2022-2023 (38) ACC Integrated Report 2022-2023 (39)

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Awards and Recognitions

Bestowed with honours

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Ranked amongst ‘India’s Most Trusted Cement Brand 2023’ by TRA

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Ranked amongst ‘Best Companies To Work For’ in Construction and infrastructure sector by Business Today

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Road Safety Gold Award by the Occupational Health, Safety & Sustainability Association of India (OHSSAI)

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Safety Silver Award by the Occupational Health, Safety & Sustainability Association of India (OHSSAI)

05

National Safety Award at the 10th Global Safety Summit

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Safety Award by the National Safety Council of India

07

Gold Award at the Occupational Health & Safety (OHS) Awards by National Indian Chamber of Commerce

08

Plaque Award for Excellence in Sustainability Reporting, 2021-22 at the ICAI Awards

09

Platinum Award at the IconSWM-CE Excellence Awards 2022

10

ACC has been recognised among ‘India’s Top 50 Most Sustainable Companies’ Cross-Industry by BW Businessworld

11

The Corporate Sustainability Campaign won Bronze at ABBY Awards 2022 under the Green Award category

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The Corporate Sustainability Campaign won Gold at Imagexx Awards 2022 under the Environment category

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The Corporate Sustainability Campaign won Gold at South Asia SABRE Awards 2022

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The Corporate Sustainability Campaign won Silver at the Fulcrum Awards 2022 for Best use of Integrated Communications

ACC Integrated Report 2022-2023 (40)

ACC Integrated Report 2022-2023 (41)

ACC Integrated Report 2022-2023 (42) Download Full Annual Report 2022-23

Management Discussion and Analysis Business Responsibility and Sustainability Report Statutory Reports Board’s Report

Financial Statements Corporate Governance Report GRI Index

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ACC Integrated Report 2022-2023 (2024)
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