HeidelbergCement could maintain its position on the CDP Climate Change A List from the previous year and remains leading in the cement sector.
"The solid A rating from CDP that we've received for the second year in a row recognises our huge efforts on the way to significantly reduce our emissions," says Dr Dominik von Achten, chairman of the managing board of HeidelbergCement. "Our ambitious reduction targets set for 2025 and the commitment to achieve CO₂ neutrality latest by 2050 are the basis of all our actions."
Headquartered in Heidelberg, Germany, and one of the world's biggest integrated makers of building materials and solutions, HeidelbergCement recently significantly sharpened its climate action targets. By 2025, the company aims to reduce specific net CO₂ emissions to below 525kg per tonne of cementitious material. This figure corresponds to a reduction of 30% compared to 1990 – and had only previously been eyed by 2030. The company has also committed itself to offer carbon-neutral concrete by 2050 at the latest.
In 2020, over 9,600 companies disclosed data to CDP. Of these, only 270 companies worldwide, thereof 16 in Germany, were awarded the top A rating for their climate change performance. In the annual rating process, CDP uses a detailed and independent methodology to assess the environmental performance of companies, allocating scores from A to D-. These scores are based on the comprehensiveness of disclosure, awareness and management of environmental risks and demonstration of best practices, such as setting ambitious and meaningful targets. Companies that do not disclose or provide insufficient information are rated with an F.
The full list of this year's CDP scores in all categories is available here: https://www.cdp.net/en/companies/companies-scores
CDP is a global non-profit that drives companies and governments to reduce their greenhouse gas emissions, safeguard water resources and protect forests. Over 9,600 companies with over 50% of global market capitalisation disclosed environmental data through CDP in 2020.
