SlideShare a Scribd company logo
By
Harshit Arya
Introduction
 India faces significant challenges to meet its energy and
water needs.
 In environmental terms, cement production is a high-
impact business, using large amounts of energy and
contributing 5% of global carbon dioxide emissions.
 Pollutants are often discharged in the cooling process and
disposed of as run-off water.
 Challenge for cement companies is to achieve growth and
support India’s development without harming the
community.
About Shree cement Established in 1985.
 Among the five largest cement manufacturers in
India.
 Having a capacity of 14 million tons in eight plants
and four grinding units.
 Revenues reached US$ 800 million in 2009.
 Having three brands: Shree Ultra, Bangur Cement
and Rockstrong Cement.
Company’s Business Practices
The company has challenged itself to use innovation and
efficiency measures to substantially lessen the
environmental impact of its cement production at
every stage, adhering to “clean and green is profitable.”
Innovate
Proactively
Embedded
Sustainability
Shape the
Environment
Strategies Implemented by Shree Cement
Company’s Practices: Innovate
Proactively
Innovate
Proactively
Introduction of
intelligent
system
Used biomass
and reused red
ash waste
Minimized use
of clinker
First to develop
in house
conversion of
low quality
limestone
Reduced water
consumption:
Artificial Lake
Embedded Sustainability
 Implemented two-way communication between
management and employees.
According to Hari Mohan Bangur, Shree’s Managing Director, “A strategy
can come from the very base – from the floor level, from the lower
offices or junior offices. It is hundreds and thousands of such micro
strategies that give the company its edge.”
 The company provides an internal culture that
promotes innovation by allowing experimentation and
trial and error.
Shape the Environment
Engages in sustainability
reporting, complying
with standards such as
the Global Reporting
Initiative.
Participates in the World
Business Council for
Sustainable
Development’s cement
initiative.
Top management invites
competitors to visit their
plant to share ideas on
energy efficiency and
environmental
processes.
Impact on Business
 Shree Cement has propelled itself rapidly into the position
of a world-class producer in terms of input-output
ratios, as well as volume and quality.
 The average annual revenue growth between 2005 and
2009 was about 50%. The EBITDA margin has been stable
with an average of 39%.
 Shree Cement also enjoys one of the highest employee
retention rates in India for the cement industry – reaching
95% in 2009-2010.
Impact- Environment & Social The company has introduced the most extensive
waste heat recovery efforts outside China.
 Its largest plants have a 46-megawatt heat-waste
recovery system that supplements the main 260-
megawatt generator.
 Altogether, the company’s efforts have yielded carbon
dioxide savings of 76,000 tons a year.
 Shree Cement provides free health benefits to people
living within a 20 km radius of its factories.
THANKS

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Shree cement sustainable business practices

  • 2. Introduction  India faces significant challenges to meet its energy and water needs.  In environmental terms, cement production is a high- impact business, using large amounts of energy and contributing 5% of global carbon dioxide emissions.  Pollutants are often discharged in the cooling process and disposed of as run-off water.  Challenge for cement companies is to achieve growth and support India’s development without harming the community.
  • 3. About Shree cement Established in 1985.  Among the five largest cement manufacturers in India.  Having a capacity of 14 million tons in eight plants and four grinding units.  Revenues reached US$ 800 million in 2009.  Having three brands: Shree Ultra, Bangur Cement and Rockstrong Cement.
  • 4. Company’s Business Practices The company has challenged itself to use innovation and efficiency measures to substantially lessen the environmental impact of its cement production at every stage, adhering to “clean and green is profitable.” Innovate Proactively Embedded Sustainability Shape the Environment Strategies Implemented by Shree Cement
  • 5. Company’s Practices: Innovate Proactively Innovate Proactively Introduction of intelligent system Used biomass and reused red ash waste Minimized use of clinker First to develop in house conversion of low quality limestone Reduced water consumption: Artificial Lake
  • 6. Embedded Sustainability  Implemented two-way communication between management and employees. According to Hari Mohan Bangur, Shree’s Managing Director, “A strategy can come from the very base – from the floor level, from the lower offices or junior offices. It is hundreds and thousands of such micro strategies that give the company its edge.”  The company provides an internal culture that promotes innovation by allowing experimentation and trial and error.
  • 7. Shape the Environment Engages in sustainability reporting, complying with standards such as the Global Reporting Initiative. Participates in the World Business Council for Sustainable Development’s cement initiative. Top management invites competitors to visit their plant to share ideas on energy efficiency and environmental processes.
  • 8. Impact on Business  Shree Cement has propelled itself rapidly into the position of a world-class producer in terms of input-output ratios, as well as volume and quality.  The average annual revenue growth between 2005 and 2009 was about 50%. The EBITDA margin has been stable with an average of 39%.  Shree Cement also enjoys one of the highest employee retention rates in India for the cement industry – reaching 95% in 2009-2010.
  • 9. Impact- Environment & Social The company has introduced the most extensive waste heat recovery efforts outside China.  Its largest plants have a 46-megawatt heat-waste recovery system that supplements the main 260- megawatt generator.  Altogether, the company’s efforts have yielded carbon dioxide savings of 76,000 tons a year.  Shree Cement provides free health benefits to people living within a 20 km radius of its factories.