Dalmia Cement Joins First Movers Coalition As Founding Member

• Addressing Complex Climate Change Issues, World Economic Forum has partnered with U.S. State Department to establish the First Movers Coalition (FMC)

Delhi, November 5, 2021: Dalmia Cement (Bharat) Limited, a leading Indian cement major and a subsidiary of Dalmia Bharat Limited, joins First Movers Coalition (FMC) as a founding member, thereby solidifying its commitment to raise global climate ambition and green product demand.

Recognizing the urgent need for green technologies and products to confront the world’s climate crisis, the World Economic Forum and the Department of State – through U.S. Special Presidential Envoy for Climate John Kerry, have partnered to establish the First Movers Coalition (FMC). This new initiative is planned to be launched at COP26 (U.N. Climate Change Conference) in Glasgow.

During the FMC leadership meet formed ahead of the COP26, Dalmia Cement pledged to support investments that demonstrate and scale green operations and products. The company has also committed to using emerging technologies such as Carbon Capture and Utilisation in cement and concrete production.

Commenting on Dalmia’s participation, Mr. Mahendra Singhi, MD and CEO of Dalmia Cement (Bharat) Ltd., said, “As one of the world’s responsible corporate citizens, we are committed to growing holistically, fostering a culture of sustainability and embodying a DNA that endorses excellence, innovation, and mindful conduct. Through our synergistic participation in this coalition, we are confident that we will be able to unitedly address the world’s most critical issue, that is climate change.”

FMC aims to secure commitments from like-minded global partners such as Dalmia Cement to pursue a range of activities, including connecting buyers with clean suppliers across sectors to unleash the innovation needed for deep decarbonisation of heavy-industry sector to enable net-zero emission by 2050.

About Dalmia Cement (Bharat) Limited
Dalmia Cement (Bharat) Limited (DCBL), a subsidiary of Dalmia Bharat Limited (BSE Code: 542216|NSE Symbol: DALBHARAT and listed in MSE), is a leading player in the cement manufacturing segment and has been in existence since 1939. Dalmia Cement (Bharat) Limited prides itself at having one of the lowest carbon footprint in the cement world globally. It is the first cement company to commit to RE100, EP100 & EV100 (first triple joiner) – showing real business leadership in the clean energy transition by taking a joined-up approach. With a growing capacity, currently pegged at 33 million tonnes, Dalmia Cement is the the fourth-largest cement manufacturing group in India by installed capacity. Spread across nine states and thirteen manufacturing units, the company is a category leader in super-speciality cement used for oil well, railway sleepers and airstrips and is the country’s largest producer of Portland Slag Cement (PSC). Visit us at http://www.dalmiacement.com.

PICTURE CAPTION: Mr. Mahendra Singhi – MD & CEO of Dalmia Cement (Bharat) Ltd., joins the US President Biden administration-backed and WEF initiative, the First Movers Coalition Family at its COP26 launch in Glasgow