Holcim says the ratings from CDP - a not-for-profit charity that runs the global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts - highlight its transparency and actions to mitigate climate change and ensure water security.
It adds that sustainability leadership is at the core of Holcim’s entire group of companies, its Indian subsidiaries ACC and Ambuja Cement also ranked in this year’s CDP A list for climate and water respectively.
CEO Jan Jenisch said Holcim's second CDP A score for climate this year is a recognition of its progress in leading its sector’s net-zero transition in line with the company's 2050 goals validated by SBTi.
"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," said Jenisch. "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.”
Paul Simpson, CEO of CDP, added: “Taking the lead on environmental transparency and action is one of the most important steps businesses can make, even more so in the year of COP26 and the IPCC’s Sixth Assessment Report. Leadership from the private sector is essential for securing global ambitions for a net-zero, nature-positive and equitable world. Our ‘A List’ celebrates those companies who are preparing themselves to excel in the economy of the future by taking action today.”
Holcim says the achievement recognises its ambitious targets and actions to accelerate its sector’s decarbonisation.
The company says it is making green building possible at scale with the world’s first global ranges of green concrete ECOPact and green cement ECOPlanet. It adds that it is driving the circular economy to build new from the old, as a world leader in recycling on its way to 75 million tons of recycled materials by 2025, including 10 million tons of construction & demolition waste. It enables smart design to build more with less, with technologies like 3D printing using 70% less materials with no compromise on performance.The company is also exploring next-generation technologies including digitalisation and carbon capture utilisation & storage.
This year, CDP used its detailed and independent methodology to assess a record 13,000 companies that responded. Each year, CDP allocates a score of A to D- based on the comprehensiveness of disclosure, awareness and management of environmental risks and demonstration of best practices associated with environmental leadership.