The company was recognised as a global climate leader this year, entering the CDP (Carbon Disclosure Project) ‘A List’ for tackling climate change, among only two companies in its industry to rank ‘A’ for climate and ‘A-’ for water.
In addition, LafargeHolcim ranked 1st in the building materials industry by the Corporate Human Rights Benchmark (CHRB) and among the world’s top 15% of benchmarked companies.
Magali Anderson, chief sustainability officer at LafargeHolcim, said: “As we celebrate the 5th anniversary of the UN-sponsored COP 21 Paris agreement, it is more important now than ever for companies and governments to unite around climate action and the SDGs. That’s why we set ourselves the most ambitious 2030 climate targets in our industry, joining the Business Ambition for 1.5°C. Decarbonising business is vital, but it’s not enough. We are accelerating our overall commitment to the SDGs to build a world that works for people and the planet.”
This year LafargeHolcim accelerated its sustainability journey with the launch of ECOPact, claimed to be the industry’s broadest range of green concrete, enabling carbon-neutral construction. The company also this year deployed its EcoLabel to transparently brand its green products.
At New York climate week LafargeHolcim pledged to become a net zero company, partnering with the United Nations Science-Based Targets initiative (SBTi) to set what it says is the first net zero roadmap in the cement industry, building on its 2030 SBTi validated climate targets. The company is also doubling its circular economy commitment, going from 50 million tonnes of recycled materials across its business in 2019 to 100 million tonnes by 2030.
Taking an integrated approach, LafargeHolcim launched the first sustainability-linked bond in its industry for €850m, bringing its ESG-related funding agreements to CHF6bn (€5.57bn).
