Construction material giant, Ultratech Cement has committed to Climate Group’s RE100 initiative at Climate Week NYC 2021. Through this ultimatum, UltraTech targets to meet 100 per cent of its electricity needs through renewable and non-exhaustive sources by 2050.
According to the executives, Ultratech has made remarkable progress in scaling up the use of green energy in their operations. This commitment is both a reflection of their confidence in their growth, as well as their vision to overcome the challenges ahead. With their entrance in the RE100 group, UltraTech will become part of a high-end global campaign that calls for a strong business case in transitioning to renewable energy sources in building a carbon-free economy, reported Kailash Jhanwar who is the Managing Director at UltraTech Cement.
The declaration of joining RE100 falls in line with UltraTech’s goal to institutionalise its net-zero initiatives through considerable targets. RE100 will provide it with an opportunity to have an insight on emerging technologies. These would expedite the transition to 100% Renewable energy for their electrical energy inputs, the officials at UltraTech Cement claimed.
Keywords: low carbon, renewable energy, sustainable business, RE100
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