We believe in creating value across the six

capitals with robust governance. To achieve

Capitals UN SDGs aligned
this, we have implemented several
measures such as cost minimisation, Financial capital
providing training to all internal
stakeholders, investing in research, and
collaborating with communities. We assess Manufactured capital
the impact of our actions based on the
internal and external feedback we receive
on various forums, as well as through Intellectual capital
assessments and audits. We actively
engage with global forums to align our
activities and gather valuable input from Natural capital
stakeholders. Third-party assessments
and audits play a pivotal role in identifying
Human capital
areas for improvement, guiding us to take
proactive actions in meeting expectations.
Social and relationship capital

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Contents
Organisational Social Feature stories
overview

12 Managing Director’s message
14 Feature stories snapshot
18 About UltraTech
20 Operational presence
Performance overview
22 Financial and
operational performance
24 Board of Directors
26 Management team
27 Awards and recognition
28 Product portfolio
16
84 Employee well-being
and engagement
86 Learning and development
87 Diversity, equity and inclusion
Expanding capacities,
88 Enhancing health and safety
Enriching communities
96 Community engagement
and impact
Governance
108 Governance structure
and framework
30
Our contribution to India’s
110 Digitisation and new Parliament building
customer experience
114 Cyber security and

38
data protection

Value creation at Statutory reports

116 Financial Highlights Paving the path to
UltraTech progress and prosperity
118 Directors’ Report and
32 Value creation model
Management Discussion
34 Stakeholder engagement
and Analysis

76
40 Materiality assessment
162 Report on Corporate Governance
44 Sustainability performance
187 Shareholder Information
46 Operating context
198 Social Report
48 Our strategy Responsible innovation for
202 Business Responsibility &
50 Risk management a sustainable future
Sustainability Report

ESG performance
54 ESG performance

Environment
Financial statements
238 Standalone Financial Statements
327 Consolidated Financial
Statements
80
Leading the way in
58 ESG strategy and framework plastic waste reduction
60 Climate change: Energy
and emission Annexure
66 Water management 417 Sustainability scorecard
67 Biodiversity and land use 423 GCCA KPIs
68 Responsible mining 424 GRI content index
70 Local sourcing and 428 Independent
sustainable procurement assurance statement
74 Sustainability and innovation
78 Circular economy

Report available online at:

https://www.ultratechcement.com/
Enriching lives
At UltraTech, our legacy has been shaped by a deep sense of Responsibility,
aligned with our core Values. We strive to inspire customers, empower our
people and partners, and engage with stakeholders to strengthen Trust, drive
progress, and build a shared and prosperous future.

Enriching lives is at the core of our Mission. We have built a strong foundation
where diverse perspectives converge to create a unified Purpose that forms
the bedrock of our success. Milestones like becoming the first Indian cement
company to achieve 100+ million tonnes in sales become fleeting moments,
as we Build a Dynamic Institution that can withstand the test of time.

We strive to create a sustainable Business – promoting diversity and

inclusion, fostering collaboration, and providing equal opportunities for
all. Through infrastructural and policy support, we have created a safe and
empowering environment where everyone can thrive. Our Corporate Social
Responsibility initiatives have made a meaningful difference to millions of
lives through skill development, education support, women empowerment,
portable drinking water, and healthcare initiatives.

Together, anchored in Trust, integrity, and accountability, we are cementing

a brighter future where opportunities abound, communities flourish and
individuals reach their full potential.

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