Ambuja Cements, part of the global conglomerate LafargeHolcim and one of the leading cement manufacturing companies in India, has moved up two notches to rank fifth globally in the Dow Jones Sustainability Index for construction materials.
The Dow Jones Sustainability Index is a family of benchmarks that uses a best-in-class approach to select sustainability leaders from various industry sectors across the world, enabling investors to track the companies’ performance and integrate sustainability considerations into their portfolios.
Since the launch of the DJSI World in 1999, several other Dow Jones Sustainability Indices and new index families that rely on the corporate sustainability assessment results have been developed to meet a range of investor-specific needs.
Ajay Kapur, Managing Director, Ambuja Cements, said despite challenges the company has managed to move up two notches in rankings and establish itself as a clear leader in sustainability.
Ambuja Cements surpassed its own 2017 scores while competing with 27 leading cement companies that were assessed worldwide. The company received a perfect 100 score in as many as six areas such as tax strategy, materiality, sustainable construction, environmental reporting, environmental policy and management systems and water-related risks, along with another seven elements scoring over 85 percentile, said the company in a statement.
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