Medium Risk

HeidelbergCement India Limited

Manufacturing and Selling of Cement

CIN: L26942HR1958FLC042301 FY: - Revenue: ₹2,148.9 Cr
5.4
ESG Risk
Score /10
Compliance RiskEpr ExposureGhg Intensity

Risk Breakdown

GHG Intensity
5.0
Water Intensity
5.0
Waste Intensity
1.6
EPR Exposure
6.5
Compliance Risk
10.0
HR Risk
3.0
Governance Risk
5.0

Financial Exposure

Est. Compliance Cost₹3–13 crore
EPR ApplicableUnknown
Scope 1 Emissions— tCO2e
Scope 2 Emissions— tCO2e
Water Withdrawal— m³
Waste Generated13,985.4 T

Governance

Anti-Corruption PolicyYes
Conflict of Interest PolicyUnknown
BRSR AssuranceNone
Assurance Provider

Double Materiality

Financial Materiality5.4
Impact Materiality4.7
QuadrantFinancially Material

Supply Chain

MSME Sourcing0.1%
Lifecycle AssessmentNo
Product ReclaimYes

Material Risks

e-waste

ESG Targets & Commitments

TopicTarget / MetricStatus
Human Rights in Supply Chain HR clauses in all contracts Commitment

AI Risk Summary

HeidelbergCement India faces critical compliance risk with a 10.0/10 score, particularly around missing BRSR Core disclosures (Scope 1/2 emissions data blank) which exposes the company to SEBI enforcement action and potential delisting for a listed entity. The ₹3–13 crore estimated compliance cost understates actual exposure: under India's Carbon Credit Trading Scheme, unquantified or missed emission reduction targets trigger ₹1,200–1,800/tonne penalties (2× market rate), potentially costing an additional ₹5–15 crore annually depending on baseline emissions volumes typical for cement manufacturers. EPR exposure (6.5/10) and above-average GHG intensity (5.0/10) compound risk, as cement's carbon-intensive nature—combined with potential EU CBAM export penalties (€56–80/tonne CO2e for carbon-intensive shipments)—threatens margins if carbon-competitive positioning deteriorates. Immediate priority: complete and verify Scope 1/2 emissions accounting, establish science-based reduction targets, and assess supply-chain carbon foot

Source: HeidelbergCement India Limited BRSR Filing, FY -. Derived from the company's own public disclosures. Not investment advice or a regulatory determination.

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