HeidelbergCement and Holcim have been ranked global climate leaders with an “A” rating by global environmental non-profit CDP for their efforts to tackle climate change. This is the third year in a row that HeidelbergCement has received the top score, and the second consecutive year for Holcim.
Both companies also received an A- for water security.
“This important, continued recognition by the renowned CDP underlines our global climate leadership. Implementing our carbon reduction roadmaps worldwide and heading the way globally with our ambitious CCU/S (carbon capture, utilization and storage) plans are at the center of our climate strategy,” said Dr. Dominik von Achten, chairman of the managing board at HeidelbergCement.
Jan Jenisch, CEO of Holcim, said: “Holcim’s second CDP A score for climate this year is a great recognition of our progress in leading our sector’s net-zero transition in line with our 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. 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.”
CDP’s detailed methodology allocates a score of A to D- to participating companies, based on the comprehensiveness of disclosure, awareness and management of environmental risks and demonstration of best practices associated with environmental leadership, such as setting ambitious and meaningful targets.
In 2021, a record-breaking 13,000-plus companies representing over 64% of global market capitalization disclosed through CDP – 35% more than last year, and over 141% more than when the Paris Agreement was signed in 2015.