For the second consecutive year, Votorantim Cimentos earned an A score in Climate Change based on an assessment conducted by non-profit CDP, placing the company among a small number of organizations that are ranked at the top of the list.
“Earning the highest score from CDP for the second year in a row confirms that we are moving in the right direction regarding the climate change agenda,” said Álvaro Lorenz, global director of sustainability, institutional relations, product development and engineering at Votorantim Cimentos.
“The most competitive companies will be those with the lowest greenhouse gas emissions, and tackling the negative effects of climate change is at the heart of our strategy. We are part of the solution to climate change and recognize the role, importance and relevance of our decarbonization journey. Our 2030 Sustainability Commitments are public and include targets that are aligned with the United Nations (UN) Sustainable Development Goals (SDGs).”
Votorantim Cimentos’ decarbonization target for 2030, approved by the Science Based Target initiative (SBTi), is to emit 475 kg of CO2 per tonne of cement. In addition, the company has the ambition to produce carbon-neutral concrete by 2050.
CDP uses a detailed and independent methodology to score companies from A to D based on the level of comprehensiveness in disclosure, awareness and management of environmental risks, and incorporation of best practices, such as setting ambitious and meaningful targets. Companies that do not disclose their impacts or provide insufficient information receive an F score.
