Displaying items by tag: Scope 3
Solidia Technologies to sell carbon credits via 3Degrees
26 October 2023US: Solidia Technologies has appointed climate consultancy 3Degrees to manage the measurement, verification and sale of carbon credits for CO2 emissions reductions generated using Solidia Technologies products. Users of the products can deploy the credits against their Scope 3 emissions from cement and concrete, as well as to compensate for other greenhouse gas emissions.
Solidia Technologies chief executive officer Russell Hill said "By partnering with 3Degrees to issue carbon credits, Solidia is providing a mechanism for the marketplace to invest in technologies that will accelerate and enable global carbon emissions reduction.”
Holcim publishes Climate Report 2023
06 April 2023Switzerland: Holcim has published its Climate Report 2023, detailing the company’s progress towards meeting its sustainability commitments up to the end of 2022. The cement producer recorded net specific CO2 emissions per tonne of product of 562kg/t, down by 1.7% year-on-year from 572kg/t in 2021. In line with its 1.5°C climate change-aligned targets, Holcim is committed to 420kg/t specific CO2 emissions by 2030 and net zero by 2050.
Overall, the group’s Scope 1 CO2 emissions from cement production fell by 2.5% to 77Mt from 79Mt, while its Scope 2 emissions remained at 5Mt and its Scope 3 emissions fell by 11% to 47Mt from 53Mt. Its cement had an average clinker factor of 73%, down from 73.6% in 2021. Holcim processed 6.8Mt of construction and demolition waste, up by 3% from 6.6Mt. Meanwhile, its thermal substitution rate of alternative fuel (AF) rose to 28% from 26%.
CEO Jan Jenisch and chief sustainability officer Magali Anderson said “With our successful transformation, we reduced our CO2 per net sales by 21% in 2022, and commit to reducing it by over 10% in 2023. Accelerating the shift to net-zero cities requires deep partnerships across our value chain. In 2022 we engaged with public authorities to evolve building standards, with cities to scale up green demand in their projects, and with architects and engineers to specify sustainable solutions in their designs. We did this as a key partner for our customers, bringing solutions that help them achieve their sustainability goals.”
Taiheiyo Cement secures a Transition-Linked Loan
09 March 2023Japan: Taiheiyo Cement has obtained a Transition-Linked Loan, the first of its kind in the Japanese cement industry. The loan employs sustainability performance targets (SPTs) based on the company's 2030 interim sustainability targets and 2050 Carbon Neutral Strategy. The former consists in a 40% reduction in its total CO2 emissions, including Scope 3, and a 20% reduction in its Scope 1 and 2 CO2 emissions, between 2000 and 2030.
Germany: The Science-Based Targets Initiative (SBTi) has validated Heidelberg Materials' new 2030 CO2 reduction targets. The targets have a base year of 2020 and conform to a 1.5°C climate change framework. Per tonne of cementitious material, the producer is now committed to reducing its Scope 1 CO2 emissions by 24%, its Scope 2 CO2 emissions by 65% and its Scope 3 emissions by 25%.
Heidelberg Materials' chief sustainability officer Nicola Kimm said “As reflected in our updated Sustainability Commitments 2030, climate action is a crucial element of Heidelberg Materials’ sustainability strategy. The SBTi validation shows that our sustainability agenda not only includes the most ambitious reduction target in the cement industry – but also a realistic, measurable plan in line with the 1.5°C scenario. We follow a clear, science-based approach, reducing our carbon footprint through the levers of product and process innovation and industrial-scale carbon capture, utilisation and storage. By closing the carbon and material loops, we will lead the sustainable transformation of our sector.”
In 2019, Heidelberg Materials became the first cement company to secure SBTi validation for its emissions reduction commitments.
Dalmia Cement (Bharat) deploys gas-fuelled truck fleet
20 February 2023India: Dalmia Cement (Bharat) has successfully launched its new fleet of 35 liquefied natural gas (LNG)-fuelled trucks from its Murli cement plant in Maharashtra. The trucks are of two types, covering ranges of 50 - 600km, and will transport bagged cement and bulk raw materials. They have 28% lower CO2 emissions than conventional diesel-powered trucks, and are thus able to eliminate 840t/yr of CO2 emissions, while also reducing emissions of nitrous oxides (NOx) by 59% and particulates by 91%, and eliminating emissions of sulphur oxides (SOx).
Dalmia Cement (Bharat) says that its next move will be to launch a second fleet of 25 trucks from its Ariyalapur cement plant in Tamil Nadu. By April 2024, it plans to convert 10% of its 3000 truck-strong fleet to LNG fuel.
A spokesperson for the company said “Dalmia Cement has been following the business philosophy of Clean & Green is Profitable and Sustainable. Our overall CO2 emissions have come down from 670kg/t to 467kg/t – one of the lowest globally – and we are focusing on realising our carbon negative goal by 2040. We are delighted to partner with GreenLine Logistics for further reduction of our Scope 3 greenhouse gas emissions.”
Titan Group tightens emissions reduction commitments
27 October 2022Greece: Titan Group has set new CO2 reduction targets by adding Scope 3 emissions. Titan Group had previously committed to a 21% Scope 1 emissions reduction and a 42% Scope 2 emissions reduction per tonne of cementitious material between 2020 and 2030. Titan Group reduced its total CO2 emissions by 20% between 1990 and 2021, and by 5.5% year-on-year in the third quarter of 2022. Its latest targets are currently under review by the Science-Based Targets Initiative (SBTi).
Titan Group chair Marcel Cobuz said “The initiatives in our decarbonisation roadmap offer significant business growth opportunities. Our technology and sales teams across all our markets are focused on decarbonising our operations more quickly and offering our customers more and more sustainable and circular solutions.”