TITAN Cement Group has signed the ‘Business Ambition for 1.5°C’ Commitment, a global campaign led by the Science Based Targets initiative (SBTi) in partnership with the UN Global Compact and the We Mean Business coalition, joining a number of leading companies worldwide that are committed to keeping global warming to 1.5°C and reaching net-zero emissions by 2050.
By signing the Business Ambition for 1.5°C, TITAN also joined the United Nations Framework Convention on Climate Change (UNFCC) ‘Race to Zero’ global campaign, which encourages more companies, governments and financial and educational institutions to come together and act for a healthier planet with zero carbon emissions, ahead of the COP26.
TITAN was one of the first cement companies worldwide to have its CO2 emissions reduction targets validated by the SBTi as consistent with levels required to meet the goals of the Paris Agreement, announced as part of the Group’s ESG targets for 2025 and beyond. By joining the SBTi Business Ambition for 1.5°C, the Group is aligning its climate mitigation targets with the most ambitious aim of the Paris Agreement and with what science dictates is necessary to reach net-zero global emissions by 2050 in order to limit global warming to 1.5°C.
The Group aspires to deliver on its CO2 reduction targets by increasing the use of alternative fuels, accelerating its efforts in energy efficiency, developing low-carbon products, and adopting innovative technologies and solutions. Through the participation in European and international consortia, as well as through collaborations in R&D projects, TITAN will continue to develop low-carbon cementitious products and pilot carbon capture technologies in its plants, actively contributing to the industry’s ambition for a carbon-neutral future.
Read the article online at: https://www.worldcement.com/europe-cis/15102021/titan-cement-group-joins-the-race-to-zero-campaign-of-the-un/