Medium Risk

THE INDIA CEMENTS LIMITED

Manufacture and sale of Cement

CIN: L26942TN1946PLC000931 FY: - Revenue: ₹4,088.5 Cr
5.3
ESG Risk
Score /10
Compliance RiskEpr ExposureGhg Intensity

Risk Breakdown

GHG Intensity
5.0
Water Intensity
5.0
Waste Intensity
1.0
EPR Exposure
6.5
Compliance Risk
10.0
HR Risk
3.0
Governance Risk
5.0

Financial Exposure

Est. Compliance Cost₹6–24 crore
EPR ApplicableUnknown
Scope 1 Emissions— tCO2e
Scope 2 Emissions— tCO2e
Water Withdrawal— m³
Waste Generated2,384.1 T

Governance

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

Double Materiality

Financial Materiality5.3
Impact Materiality4.6
QuadrantFinancially Material

Supply Chain

MSME Sourcing0.0%
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

India Cements faces a critical compliance risk exposure of ₹6–24 crore under SEBI BRSR Core Expansion and India's Carbon Credit Trading Scheme (CCTS), with a maximum penalty of ₹1,200–1,800/tonne for emissions target shortfalls—approximately 2–3× the current CCTS benchmark price of ₹600–900/tonne. The company's perfect 10.0/10 compliance risk score and unknown EPR applicability (6.5/10 exposure) indicate material disclosure and regulatory gaps that could trigger SEBI enforcement action or delisting for a large-cap cement manufacturer. With cement being carbon-intensive (typical sector intensity 0.6–0.8 tCO2e per tonne), India Cements must urgently quantify and publicly disclose Scope 1 and 2 emissions, clarify EPR obligations under the Plastic Waste Management Rules, and establish CCTS compliance roadmaps to avoid both financial penalties and market access restrictions—particularly as international buyers increasingly demand verified carbon intensity data.

Source: THE INDIA CEMENTS LIMITED BRSR Filing, FY -. Derived from the company's own public disclosures. Not investment advice or a regulatory determination.

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