RateCaptain
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
Subscribe
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
RateCaptain
No Result
View All Result
Home company news

Dangote: Cement Industry Contributes 7% to Global Emissions

Victoria Attah by Victoria Attah
November 27, 2023
in company news, Economy
Reading Time: 2 mins read
A A
0
Dangote: Cement Industry Contributes 7% to Global Emissions
Share on FacebookShare on TwitterShare on WhatsappShare on Telegram

In a significant address at the 12th Africa Cement Trade Summit in Abidjan, Arvind Pathak, Group Managing Director of Dangote Cement Plc, highlighted the cement industry’s substantial contribution to global carbon emissions, amounting to seven per cent. This revelation comes amid increasing awareness of the environmental impact of industrial processes, with Pathak emphasizing the urgent need for decarbonization as a necessity rather than an option.

Cement production involves a complex value chain, including energy-intensive stages such as raw materials’ mining, crushing, mixing, drying, firing, clinker grinding, packaging, and dispatch to customers. Pathak noted that cement production consumes significant thermal and electrical energy, leading to the emission of carbon dioxide (CO2) at nearly every stage. The firing process during clinker production in the kiln, in particular, contributes significantly to these emissions.

AlsoRead

Providus Bank Confirms N65 Billion Capital Base, Meets CBN Regional Requirement Since January 2025

Uber Highlights N6.1 Billion Annual Driver Earnings in Nigeria Amid Ongoing Lagos Strike

Dangote Refinery Imported $3.74 Billion Worth of Crude in 2025 – CBN Data Reveals

Dangote Cement, once the world’s largest bulk cement importers and now net exporters of cement to other countries, has taken proactive measures to address its carbon footprint. Pathak highlighted the company’s fuel substitution strategy, focusing on decreasing CO2 emissions. Through sustainability reporting, Dangote Cement discloses investment priorities and progress on projects aimed at tackling environmental challenges.

During the summit, Pathak presented a paper titled “Utilisation of Alternative Fuels as a Strategy for Sustainable Cement Production in Africa.” He emphasized the effectiveness of alternative fuels, such as municipal, agricultural, and industrial wastes, in reducing emissions. These alternatives, when compared to fossil fuels, emit less CO2 when combusted, with agricultural biomass being recognized as carbon-neutral.

As global cement consumption reached 4.2 billion tonnes in 2020 and is projected to grow with the rising population and urbanization, Pathak stressed the importance of incorporating alternative fuels into the industry’s fuel mix to address climate change concerns.

Dangote Cement’s commitment to decarbonization is evident in its sustainability reporting to the CDP (formerly the Carbon Disclosure Project), where the company received a B+ rating in 2022, showcasing continuous improvement in climate change action.

Pathak concluded by stating that decarbonization is no longer just a corporate responsibility but a vital component to future-proof businesses in a rapidly changing world. He emphasized the need for businesses to establish clear and detailed short-, medium-, and long-term targets and decarbonization strategies for each transition phase.

As the cement industry grapples with emissions challenges, Dangote Cement stands as a pioneer in Africa, contributing to the global effort to combat climate change while finding innovative solutions to waste management in the region.

Tags: #Sustainability.Carbon EmissionsCement IndustryDangote CementFuel SubstitutionGlobal Climate Change
Previous Post

CBN Governor Yemi Cardoso to Address Policy Direction Amid Inflation Challenges

Next Post

Rising Claims Impact Nigerian Insurance Companies as Net Payouts Surpass N116 Billion in 2023

Related News

CBN – FG incurred N930.8bn Fiscal Deficit in January and February 2023.

Providus Bank Confirms N65 Billion Capital Base, Meets CBN Regional Requirement Since January 2025

by Jide Omodele
March 20, 2026
0

Providus Bank Limited has affirmed that it fully complies with the Central Bank of Nigeria’s (CBN) minimum capital requirement for...

Uber Partners with Waymo to Introduce Self-Driving Cars, Advancing Autonomous Driving.

Uber Highlights N6.1 Billion Annual Driver Earnings in Nigeria Amid Ongoing Lagos Strike

by Stephen Akudike
March 20, 2026
0

Uber Technologies Inc. has disclosed that its platform facilitated a collective N6.1 billion in additional annual earnings for drivers across...

Dangote Refinery: Weep Not Child By Duke of Shomolu

Dangote Refinery Imported $3.74 Billion Worth of Crude in 2025 – CBN Data Reveals

by Stephen Akudike
March 19, 2026
0

Nigeria imported crude oil valued at $3.74 billion linked to the operations of the Dangote Petroleum Refinery in 2025, according...

CBN Auctions N1.05 Trillion in Treasury Bills, Pushing Two-Week Borrowing Near N3 Trillion

by Jide Omodele
March 19, 2026
0

The Central Bank of Nigeria (CBN) is set to raise N1.05 trillion through a Treasury Bills auction today, March 18,...

Next Post
Rising Claims Impact Nigerian Insurance Companies as Net Payouts Surpass N116 Billion in 2023

Rising Claims Impact Nigerian Insurance Companies as Net Payouts Surpass N116 Billion in 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Battered Commodity Currencies Gain Attention Amid Dollar’s Decline.

US Dollar Slumps as Global Central Banks Signal Tighter Policy Amid Oil Surge

March 20, 2026
CBN – FG incurred N930.8bn Fiscal Deficit in January and February 2023.

Providus Bank Confirms N65 Billion Capital Base, Meets CBN Regional Requirement Since January 2025

March 20, 2026

Popular Story

  • Battered Commodity Currencies Gain Attention Amid Dollar’s Decline.

    US Dollar Slumps as Global Central Banks Signal Tighter Policy Amid Oil Surge

    0 shares
    Share 0 Tweet 0
  • Ortom’s Attack On Buhari Beyond Politics – Ex-presidential Aide

    0 shares
    Share 0 Tweet 0
  • NNPC Begins Exploratory Drilling in Nasarawa, to Grow Reserves to 50bn Barrels.

    0 shares
    Share 0 Tweet 0
  • Naira appreciates to N750/$ in the parallel market.

    0 shares
    Share 0 Tweet 0
  • NGX Suspends Trading of Three Insurance Firms for Delayed 2024 Audits

    0 shares
    Share 0 Tweet 0

RateCaptain

We bring you the most accurate in new and market data. Check our landing page for details.

  • Home
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Cookie Policy
  • Contact Us

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

No Result
View All Result
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

RateCaptain
Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
?>