Aligning Dalmia’s
Sustainable Transformation
with Global Benchmarks

At Dalmia Bharat, we firmly believe that growth must be decoupled from environmental impact, particularly greenhouse gas emissions. This belief is anchored in our long-standing philosophy that ‘Clean and Green is Profitable and Sustainable,’ a philosophy that today finds direct expression through our alignment with global frameworks and commitments, including the Paris Agreement, the Science Based Targets initiative (SBTi), the RE100 campaign, and the United Nations Sustainable Development Goals (UN SDGs).

Decarbonisation remains the cornerstone of our sustainability strategy. Our ambition prioritises reducing our own operational footprint while actively collaborating with industry peers and relevant stakeholders to drive sector-wide progress. Guided by science, innovation, and a robust business case across the triple bottom line, we continue to align our efforts with India’s broader developmental goals.

In 2025, we undertook a comprehensive Double Materiality Assessment which informs how we manage both our impacts on the world and the financial risks the world poses to us — a dual lens that is fast becoming the global reporting standard. Our ESG disclosures are prepared in accordance with GRI Standards, BRSR (Business Responsibility and Sustainability Reporting) requirements, and the GHG Protocol for emissions accounting.

Progress across our key levers of decarbonisation remains strong, including operational efficiencies, renewable energy adoption under RE100, increased use of alternative fuels, and transition to low‑carbon materials. We are also advancing greener logistics through the deployment of electric vehicles and the development of an enabling ecosystem for scale‑up.

Deep decarbonisation pathways—such as CCUS, green hydrogen, and kiln electrification—are being actively pursued through pilots and strategic collaborations. Concurrently, government initiatives such as the Green Hydrogen Mission, CCUS roadmap, and CCTS framework provide strong policy alignment and reinforce our confidence in achieving net‑zero pathways for hard‑to‑abate sectors.

Beyond climate, we continue to advance our commitments to water positivity and biodiversity. Sustainability at Dalmia Bharat also extends to people and communities. Through initiatives such as Safety – Dalmia Way of Life, we are embedding a zero‑incident culture. Programmes like Gram Parivartan and DIKSHa are driving meaningful impact across livelihoods, inclusion, and rural development.

To reinforce accountability, the Board Risk Committee has been elevated to the Sustainability and Risk Committee, underscoring ESG’s strategic significance. This governance focus is reflected in our ESG performance, including an improved S&P Global CSA score of 70 and strong external recognition.

As we move forward, we remain committed to leading the transition towards a low-carbon and inclusive economy—delivering sustainable building solutions for a resilient and prosperous India.

Mr. Lovish Ahuja

Chief Sustainability Officer, Dalmia Bharat Limited