Major Cement Producers Earn Top Marks from CDP

Votorantim Cimentos, Cemex and Heidelberg Materials were recognized for leadership in corporate transparency and performance on climate change by global environmental nonprofit CDP.

Based on data reported through the CDP Climate Change 2023 Questionnaire, the companies earned an A score, placing them among only 346 organizations to make the CDP Climate A List, out of 21,000 companies that were scored. 

“Tackling the negative effects of climate change is at the core of our strategy and we recognize the role, importance and relevance of our decarbonization journey. Between 1990 (baseline year used by the cement industry) and 2022, Votorantim Cimentos reduced its CO2 emissions per tonne of cement produced by 24%,” said Álvaro Lorenz, global director of sustainability, institutional relations, product development and engineering at Votorantim Cimentos.

CDP’s annual environmental disclosure and scoring process is widely recognized as the gold standard of corporate environmental transparency. The organization uses a detailed and independent methodology to assess companies, allocating a score from ‘A’ to ‘D’ based on the comprehensiveness of disclosure, awareness, and management of environmental risks, as well as the demonstration of best practices associated with environmental leadership.

Dr. Nicola Kimm, chief sustainability officer and member of the managing board of Heidelberg Materials, said, “We are honored to be included in CDP’s Climate A List and to be recognized for our efforts in decarbonization. This also demonstrates our leadership in the industry – both in breakthrough technologies such as carbon capture, utilization and storage, and when it comes to sustainable products. We will continue to drive the transition to low-carbon construction.”

Since the launch of its Future in Action program in 2020, Cemex has reduced its CO₂ emissions by 13%, a reduction that previously would have taken it 15 years to achieve.

“We are proud to be part of this prestigious group of climate action leaders and to receive CDP’s ‘A’ rating, which reflects Cemex’s leadership in climate action and transparency through significant demonstrable actions,” said Fernando A. González, CEO of Cemex. “In this ‘decade to deliver’ we are committed to reaching our ambitious decarbonization goals so that net zero is achievable by 2050.”

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