NEW DELHI (India CSR): Over the last five years, Ambuja Cements Limited, a key component of the Adani Group, has significantly boosted its Corporate Social Responsibility – CSR investments, spending a total of Rs. 453 crores to enhance sustainable development while expanding its footprint in the Indian cement and building materials sector.
“Ambuja Cements considers its communities to be its primary stakeholders. The Company’s corporate social responsibility (CSR) arm operates at the grassroots level. The Company conducts comprehensive assessments of community needs, ensuring evidence-based interventions and actively engaging to make a positive difference in their lives.”, Gautam Adani led company said.
The annual breakdown of CSR expenditures underscores the company’s dedicated approach to social responsibility:
| Year | CSR Spending (in crores) |
|---|---|
| 2023-24 | 89 |
| 2022-23* | 118 |
| 2021 | 100 |
| 2020 | 85 |
| 2019 | 61 |
| Total | 453 |
Following strategic acquisitions and numerous greenfield and brownfield expansions, the Adani Group’s cement capacity now stands impressively at 78.9 million tonnes per annum (MTPA), with operations across 43 cement manufacturing facilities, including 18 integrated plants.
Ambuja Cements is committed to supporting India’s growth agenda through its portfolio of eco-friendly and easy-to-use construction products and solutions. The company aims to ensure that its expansion not only contributes to its business objectives but also adheres to environmentally responsible practices.
The spike in CSR spending in 2022-23*, highlighting a year of significant investment in sustainable projects, reflects Ambuja’s proactive stance in maintaining a balance between growth and corporate responsibility.
*Note: The marked increase in 2022-23 may relate to specific large-scale initiatives aimed at bolstering the company’s commitment to sustainable development.
Ambuja Cements continues to set an industry standard by demonstrating how corporate success can be harmoniously aligned with comprehensive community welfare and environmental stewardship.
(India CSR)
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