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Cementir Holding rating upgraded to A- by CDP

Published by , Deputy Editor
World Cement,

Cementir has set ambitious science-based targets for reducing its emissions in the years ahead, which have been independently verified by the Science Based Targets initiative (SBTi) and judged consistent with the reductions required to keep warming well below 2°C objective. Moreover, in dealing with water risk issues, the Group has set clear targets to reduce water consumption.

Climate change actions are an integral part of Cementir strategy and include, among others: investments to reduce thermal energy and electricity in cement plants in Europe; renewable energy production and district heating; new more sustainable products such as FUTURECEMTM.

Francesco Caltagirone jr., Chief Executive Officer and Chairman of Cementir Holding N.V., said: “This achievement is a further recognition of our efforts to make our carbon footprint more sustainable. We are committed to tackling climate change, and minimising our environmental impact” CDP scoring methodology assesses companies on a scale from a minimum of ‘D-‘ to ‘A’ measuring the comprehensiveness of disclosure, awareness and management of environmental risks and best practices associated with environmental leadership, such as setting ambitious and meaningful targets. The ‘A-‘ Rating indicates that the company is a leader in “implementing current best practices” on climate change issues.

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