JK Lakshmi Cement has joined RE100, a global corporate renewable energy initiative to ensure meeting 100 per cent electricity demand through renewable sources. The company has committed to meeting this target by 2040. With this step, the company has become the fourth cement firm globally to join the initiative, which demonstrates its unflinching commitment towards the environment and sustainability. It joins over 400 of the world’s leading businesses dedicated to sourcing 100 per cent renewable electricity.
The company has also joined EP100, a global corporate energy efficiency initiative that brings together over 120 energy-smart businesses committed to measuring and reporting on energy efficiency improvements. The company has committed to doubling energy productivity by 2040 and is the eleventh India-headquartered company to join EP100.
As a member of RE100, the cement major will be working to meet all its electricity requirements from renewable sources such as solar installations, increasing waste heat recovery capacity at their units, among many others. This will significantly reduce its carbon footprint and help address the associated challenges.
With the EP100 commitment, the company seeks to transform every domain of operations to become carbon-free. The company has deployed LNG trucks to transport raw materials and recently signed an agreement with Amplus Solar to set up a 56 MWp solar power plant for its Durg facility, which will make it one of the greenest units in the cement industry.