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    Construction & cement giants join hands with advisory firm Xynteo

    Synopsis

    Xynteo's 'Build Ahead Coalition' is set to accelerate India’s de-carbonisation efforts.

    XynteoAgencies
    (From left) Vipul Kumar, MD, Xynteo India; Sivaram Krishnamoorthy, deputy director, industry, SED Fund; Aun Abdullah, sustainability lead, Lodha; Sandeep Sethi, MD, Work Dynamics – West Asia, JLL; Anup Mathew, senior vice-president and business head, Godrej Construction; Nitin Prasad, chairman, Shell Companies in India; Parth Jindal, MD, JSW Cement; Darshan Grover, project director, Build Ahead and MD, Xynteo
    Xynteo, a purposed riven advisory firm, has launched the Build Ahead Coalition, a business-led alliance bringing together key industry majors — JLL, Godrej Construction, Lodha, JSW Cement, SED Fund and Shell India.

    'Build Ahead' aims to bring together multiple stakeholders from the construction value chain in India. Partners include producers, consumers, financiers and technology providers who can accelerate the use of low carbon building materials to support India in achieving its net-zero targets by 2070. Commenting on the announcement, Sandeep Sethi, MD, Work Dynamics – West Asia, JLL , said: “We are extremely proud to be a part of Build Ahead to help support the transition towards India achieving a low-carbon future. With the coalition, through collaboration with other partners, we will be able to significantly reduce the built environment’s carbon footprint and support the Prime Minister’s pledge of net-zero emissions for India by 2070.”

    The coalition will pursue three key goals:
    1. Enhance the adoption of low-carbon building materials through increased awareness, defining application-based standards and developing common definitions of low-carbon materials.

    2. Improving access to new de-carbonisation technologies and finance needed to enable manufacturers of building materials to reduce emissions from the production of these building materials.

    3. Advocating policies to support increased procurement and production of low carbon building materials.

    Vipul Kumar, MD, Xynteo India, said: “Today, the world faces an unprecedented climate crisis, necessitating urgent action to limit global warming compared to pre-industrial levels. The cement and concrete sectors are critical parts of the construction value chain and contribute significantly to the built environment’s carbon footprint. Through Build Ahead, we aim to accelerate de-carbonisation across the construction value chain towards net-zero emissions and encourage collaboration between industry players to create measurable impact and support the country to meet its climate change goals.”

    Becoming energy efficient
    Over recent years, the Indian cement sector has made significant progress in reducing carbon emissions and has become one of the most energy-efficient cement sectors in the world. Yet, the mounting climate change crisis necessitates further efforts to reduce global warming to below two degrees Celsius, including emissions from cement, concrete, steel and other building materials, as well as emissions that arise from the design, use and end-of-life phases of the construction and infrastructure sectors. To achieve net-zero goals, the value chain must commit to adopting low/zero-carbon building materials.

    Build Ahead endeavours to reduce embodied emissions by accelerating the demand for low-carbon building materials. To achieve this vision, forward-leaning business leaders in the Build Ahead Coalition will work together to support first movers and de-risk investments. This will help scale innovative de-carbonisation technologies and low carbon building materials by facilitating better access to diverse sources of enabling finance.

    Commenting on the launch, Nitin Prasad, chairman of Shel l companies in India, said, “The Build Ahead Coalition aligns with Shell’s ‘Powering Progress’ strategy. As one of the coalition’s founding members, we hope to work with and assist partners in exploring low- and zero-carbon technologies. We aim to accelerate the construction value chain towards net-zero emissions by fostering collaboration and thought leadership.”

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