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Sustainability In The Indian Cement Industry
Sustainability In The Indian Cement Industry
Sustainability In The Indian Cement Industry
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Sustainability In The Indian Cement Industry

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"Sustainability in the Indian Cement Industry" is a comprehensive exploration of the dynamic nexus between economic development, environmental impact, and corporate social responsibility within the country's burgeoning cement sector. With a keen focus on the industry's pivotal role in national initiatives, the book unveils the multifaceted nature of cement manufacturing. It critically examines the environmental challenges posed by this 'Red' category industry, delving into its energy-intensive processes and subsequent impacts on health, community, and the broader environment. The author skillfully navigates through the evolution of Corporate Social Responsibility (CSR) as a mandatory business strategy post the 2013 Companies Act amendment, providing insights into how major players in the cement industry are aligning their operations with national imperatives.

LanguageEnglish
Release dateJan 24, 2024
ISBN9788119368624
Sustainability In The Indian Cement Industry

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    Sustainability In The Indian Cement Industry - Dr. Amalesh Adhikary

    SUSTAINABILITY

    IN THE

    INDIAN CEMENT INDUSTRY

    By

    Dr. Amalesh Adhikary

    ––––––––

    ABOUT THE BOOK

    Sustainability in the Indian Cement Industry is a comprehensive exploration of the dynamic nexus between economic development, environmental impact, and corporate social responsibility within the country's burgeoning cement sector. With a keen focus on the industry's pivotal role in national initiatives, the book unveils the multifaceted nature of cement manufacturing. It critically examines the environmental challenges posed by this 'Red' category industry, delving into its energy-intensive processes and subsequent impacts on health, community, and the broader environment. The author skillfully navigates through the evolution of Corporate Social Responsibility (CSR) as a mandatory business strategy post the 2013 Companies Act amendment, providing insights into how major players in the cement industry are aligning their operations with national imperatives.

    Beyond being a mere documentation of industry trends, the book serves as a compelling call to action. It scrutinizes the positive impacts of CSR initiatives on communities, emphasizing the transformative potential inherent in responsible corporate conduct. In a world increasingly attuned to sustainability imperatives, the book is a timely guide, offering a roadmap for the industry's future. It explores the pivotal roles played by the judiciary in shaping sustainable practices, advocating for a paradigm shift towards an eco-conscious, socially responsible, and sustainable cement industry in India.

    PREFACE

    In an era marked by rapid industrialization, the cement industry stands as a vital pillar in the construction and infrastructure development landscape of India. As the second largest producer of cement globally, after China, the Indian cement industry has played a pivotal role in fostering economic growth, generating employment, and supporting the realization of ambitious national projects. However, this growth has not been without its challenges, particularly concerning sustainability and environmental impact.

    This book you hold in your hands, Sustainability in the Indian Cement Industry, seeks to unravel the intricate relationship between the cement industry and sustainable development. it delves into the multifaceted dimensions of sustainability, exploring the environmental and social footprints left by cement manufacturing industries and scrutinizes the industry’s responsiveness to the imperative of Corporate Social Responsibility (CSR).

    Sustainability, in the context of this discourse, transcends a mere buzzword. It encapsulates a commitment to practices that meet the needs of the present without compromising the ability of future generations to meet their own needs. For the cement industry, sustainability is not only about mitigating its environmental impact but also encouraging the well-being of communities in the vicinity of its operations. It is about acknowledging the industry’s responsibility, not just to its shareholders but to society at large.

    Cement manufacturing, often classified as a ‘RED’ category industry due to its energy-intensive processes and pollutant emissions, inherently possesses the potential to impact the health of workers, communities, and the surrounding environment. Recognizing this, the book underscores the critical role of sustainability practices in mitigating these adverse effects. It addresses the imperative for the cement industry to align its growth with ecological and social considerations.

    The relevance of sustainability in the cement industry is manifold. Energy-intensive operations demand innovative solutions for reducing carbon footprints and embracing cleaner technologies. This book highlights how sustainability not only serves as a moral obligation but also as a strategic imperative for cement corporations, ensuring their long-term viability amidst changing global dynamics, regulatory landscapes, and consumer preferences.

    In essence, this book aims to be a beacon for diverse readers-ranging from industry practitioners and CSR managers to social workers and academicians. Through its exploration of sustainability, environmental impact, CSR initiatives, regulatory compliance, and the role of external actors, the book seeks to inspire informed discussions and catalyse positive actions towards a more sustainable future for the Indian cement industry.

    Happy Reading

    Dr. Amalesh Adhikary

    ACKNOWLEDGEMENT

    I express my profound gratitude to the dedicated educators who have enriched my knowledge, with special appreciation for my mentor, Professor Dr. Molankal Gangabhushan M, Department of Social Work, Assam University, whose guidance and inspiration shaped my research on ‘Sustainability in the Indian Cement Industry’. Heartfelt thanks extend to CSR Managers, corporate allies, and community contributors for their invaluable insights. The collaborative spirit of these individuals has significantly enhanced the depth of my exploration. I extend heartfelt thanks to my family members whose love and inspiration have been the driving force behind my journey. This book is a collective tribute to the remarkable individuals who have fuelled and enriched the understanding of sustainability within the Indian cement industry, marking a collaborative endeavor that culminates in this meaningful contribution.

    Dr. Amalesh Adhikary

    CONTENTS

    CHAPTER - 1

    Introducing Sustainability in the Cement Industry

    The relentless pace of industrialization and economic development has reshaped societies across the globe, propelling nations toward progress and prosperity. The burgeoning demand for commodities and a higher standard of living has ushered in an era of exponential industrial growth, mirroring the trajectories of more developed nations. While industrialization has been a catalyst for multifaceted development, contributing significantly to national GDP and employment generation, it has also brought forth formidable challenges in the form of environmental degradation, public health concerns, and social upheavals.

    Business organizations and industries, pivotal components of a country’s economy, find themselves at the crossroads of economic prosperity and ethical responsibility. As corporations wield increasing influence, there arises a concomitant need for them to function not only as economic entities but also as responsible corporate citizens. The advent of liberalization, privatization and globalization (LPG) policies have amplified the power of national and multinational corporations, posing potential threats of economic imbalances, unbridled resource exploitation and violations of human rights.

    In response to these challenges, a paradism shift towards modern economic policies with state interventions has been advocated. International and inter-governmental organizations including the United Nations (UN), Organizations for Economic Cooperation and Development (OECD), International Labour Organization (ILO), and various standard-setting bodies have promulgated

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