Displaying items by tag: CDP

Brazil: Votorantim Cimentos has made progress in reducing its carbon footprint, reporting embodied CO₂ emissions of 556kg/t of cement produced in 2023, a 4% year-on-year decrease. The company aims to reach a target of 475kg of CO₂/t by 2030, aligning with the Science Based Target initiative standards.

The company's decarbonisation strategy involves four stages: co-processing, which involves substituting fossil fuel with biomass and waste; use of cementitious materials to replace clinker; enhancing energy efficiency and use of renewable energy; and developing new technologies and materials, including carbon capture. In 2023, Votorantim Cimentos achieved a 31% global thermal substitution rate through co-processing, an increase from 26.5% in 2022, with a goal of reaching 53% by 2030. The clinker factor was reduced to 72.8% in 2023 from 73.9% in 2022. This reduction means a decrease in emissions, with a target clinker factor of 68% set for 2030. Additionally, 35.1% of the electricity consumed by Votorantim Cimentos in 2023 came from renewable sources, an increase from 22.9% in 2022, with an aim of 45% by 2030.

Álvaro Lorenz, global director of sustainability, institutional relations, product development, engineering, and energy at Votorantim Cimentos, said "The most competitive and sustainable companies will be those with the lowest emissions. In all countries where we operate, we are committed to advancing in our decarbonisation journey, in line with our goal of producing carbon-neutral concrete by 2050."

Votorantim Cimentos’ environmental efforts were recognised with an A score by CDP and a Top-Rated Industry company distinction by Sustainalytics in the Latin American building materials sector. The company also announced a US$989m investment to further reduce its CO₂ emissions. This includes a project at Salto de Pirapora to increase thermal substitution, with expected completion by 2028. Votorantim Cimentos has also started constructing a solar energy complex in Paracatu, with an estimated capacity of 470MWp.

Mexico: Cemex has secured a place on environmental non-profit organisation CDP's 2023 A List for its leadership and transparency in delivering CO₂ emissions reduction. Since initiating its Future in Action sustainability initiative in 2020, Cemex achieved a 13% reduction in its CO₂ emissions up to 2023.

Cemex CEO Fernando González said "We are proud to be part of this prestigious group of climate action leaders and to receive CDP’s A rating, which reflects Cemex’s leadership in climate action and transparency through significant demonstrable actions. In this Decade to Deliver, we are committed to reaching our ambitious decarbonisation goals so that Net Zero is achievable by 2050."

Greece: Titan Cement Group has appeared on carbon disclosure organisation CDP's A List for corporate transparency and climate impact mitigation. The company achieved an A- for water security. Titan Cement Group says that the recognition aligns with its 2026 Green Growth strategy.

Titan Cement Group reduced its CO₂ emissions by 10% between 2020 and 2023. In 2023, it commenced construction of the 1.9Mt/yr IFESTOS carbon capture and storage project.

Brazil: Votorantim Cimentos has earned an A the CDP Climate Change 2023 Questionnaire. This achievement reflects the producer's leadership in climate change performance and transparency. Between 1990 and 2022, Votorantim Cimentos reduced its CO₂ emissions per tonne of cement produced by 24%.

Global director of sustainability, institutional relations, product development and engineering Álvaro Lorenz said "Earning the highest score from CDP is something we are very proud of. We work daily to achieve our goals in line with our 2030 Sustainability Commitments and the UN Sustainable Development Goals. Tackling the negative effects of climate change is at the core of our strategy and we recognise the role, importance and relevance of our decarbonisation journey."

Germany: Sustainability disclosure organisation CDP has named Heidelberg Materials on its Climate A List 2024 for its corporate transparency and climate performance. The group also received an A- rating for Water Security. Heidelberg Materials’ product and process innovation efforts toward CO₂ emissions reduction include carbon capture, utilisation and storage (CCUS) projects aimed at capturing 10Mt of CO₂ by 2030.

Heidelberg Materials’ chief sustainability officer Nicola Kimm said "We are honoured to be included in CDP’s Climate A List and to be recognised for our efforts in decarbonisation. This also demonstrates our leadership in the industry – both in breakthrough technologies such as CCUS, and when it comes to sustainable products. We will continue to drive the transition to low-carbon construction."

Switzerland: CDP, a non-profit organisation that helps industrial players improve their environmental performance, has recognised Holcim's sustainability achievements with an award for a double ‘A’ ranking in climate and water management. The double ‘A’ award, a first for any cement producer, was handed over at the 2023 CDP Europe Awards in Paris, France, on 16 February 2023.

Magali Anderson, Holcim’s Chief Sustainability and Innovation Officer, said "This award is a testament to the progress that our teams around the world are making to build a net-zero future, while protecting and restoring precious freshwater resources. 2022 marks the third consecutive year that our climate actions have put us on CDP's A List, and our first ‘A’ ranking for our work on water security. I am confident we will keep the momentum going in years to come."

Nigeria: The CDP has raised its rating for Dangote Cement to B from B- previously. The improved score indicates that the cement producer made continued efforts to mitigate the environmental impact of its business and has improved its sustainability reporting. It is the fourth time the company has submitted data to the CDP and the second consecutive year it has improved its rating.

Michel Puchercos, the chief executive officer of Dangote Cement, said, “The CDP rating upgrade clearly illustrates the growth we have achieved in our commitment to transparency on climate and environmental issues. This year, our Alternative Fuel Project has reached an advanced stage and aims to leverage waste management solutions and reduce CO₂ emissions. As of the first nine months of 2022, we co-processed 101,553t of waste representing a 77% increase over last year.”

Italy: Cementir Holding has been achieved its first CDP A- rating for climate change mitigation in its operations. The producer said that the global average rating is B-, compared to B in Europe and in the cement and concrete industry globally. CDP awarded Cementir a B for water security, its first such rating in the category.

Chair and chief executive officer Francesco Caltagirone said “This achievement is a further recognition of our efforts to make our carbon footprint more sustainable. We are committed to tackling climate change and minimising our environmental impact.”

India: Ambuja Cements has celebrated the recognition of its water management practices through its listing on CDP's Water A List 2021. The company is the first cement producer to acheive the rating. It said that it succeeded through 'prudent' use of water- for instance through modular curing and concrete mix proportion adjustments - and harvesting. In addition, it continues to evolve its cement portfolio to minimise its consumption of natural resources, with a focus on water. Ambuja Cements' Sustainable Development Ambition 2030 strategy commits it to a freshwater withdrawal reduction of 15% by 2030. Its initiatives have so far saved 70Ml of water, according to the company. It called this a 'robust step' on the global path to sustainable construction and said that it will continue to advocate for environmentally friendly solutions.

Managing director and chief executive officer Neeraj Akhoury said "Water has always been the key focus area for Ambuja Cements. This achievement reaffirms our will to remain committed to address water scarcity issues in future and contribute to the establishment of sustainable tomorrow."

Belgium: Environmental disclosure organisation CDP has listed Cemex, HeidelbergCement and Holcim among 200 companies on its 2021 Climate Change A List for actions to mitigate their CO2 emissions. Holcim’s Indian subsidiaries ACC and Ambuja Cements also received A ratings. Both ACC and Ambuja appeared on CDP’s 2021 Water Security A List, while Holcim scored an A-.

Chief executive officer Jan Jenisch said “Building on the launch of our nature-positive strategy this year, we set new and ambitious goals to achieve water security across our operations worldwide, with our colleagues from Ambuja in India leading the way. CDP’s rankings this year are a testimony to the tremendous work carried out by our 70,000 people around the world and a great encouragement for all of us to keep raising the bar.”