Holcim will focus on sustainability and innovation to fuel profitable growth across all its businesses through 2025 as part of its newest strategy plan – “Strategy 2025 – Accelerating Green Growth.”
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Holcim said it is committed to reach at least 40% of sustainable financing by 2024, putting climate action, water preservation and safety at the heart of its financing strategy.
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CEMEX and Holcim are founding members of the First Movers Coalition, a new initiative launched at COP26 in Glasgow that unites more than two dozen companies to accelerate innovation and development of early-stage decarbonization technologies to help achieve net zero by 2050.
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Holcim said it has become the first company in the building sector with net-zero targets for 2030 and 2050 validated by the Science Based Targets initiative (SBTi). Setting a new milestone for the sector, Holcim’s targets cover the entire value chain, including both direct and indirect emissions.
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The Global Cement and Concrete Association (GCCA) named Jan Jenisch, CEO of Holcim, as president, effective immediately. He succeeds Albert Manifold, CEO of CRH.
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Holcim has reached a deal with Brazilian steelmaker CSN (Companhia Siderúrgica Nacional) for the divestment of its business in Brazil for an enterprise value of $1.025 billion. The sale includes five integrated cement plants, four grinding stations, six aggregates sites and 19 ready-mix concrete facilities.
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Holcim aims to become nature-positive by restoring and preserving biodiversity and water while bringing more nature into cities. Its strategy includes reducing water intensity to 211 liters per ton of cement by 2030 – a 30% reduction from the 2018 baseline.
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Brazilian cement producers CSN Cimentos, Cimentos Mizu and Cimento Apodi, are among bidders for LafargeHolcim Brasil assets, reported Reuters.
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Holcim launched a global range of green cement called ECOPlanet, which delivers at least 30% lower carbon footprint with equal to superior performance, according to the company. ECOPlanet will be distributed across 15 countries this year, starting with several in Europe, with the objective of doubling its market presence by the end of 2022 to enable low-carbon construction at scale.
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Holcim launched its new group identity uniting all market brands behind its purpose to build progress for people and the planet. Formerly known as LafargeHolcim, the company’s shareholders approved a name change on May 4.
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