Holcim becomes first in sector with full net-zero pathway endorsed by SBTi
Published by Emily Thomas,
Holcim has set industry first 2050 net-zero targets, validated by the Science Based Targets initiative (SBTi), building on its 2030 commitments approved in September 2020. Setting a new milestone for its sector, Holcim’s targets cover the company’s entire value chain, including both direct and indirect emissions, following the three ‘scopes’ established by the Greenhouse Gas (GHG) Protocol.
Jan Jenisch, CEO Holcim: “The building sector has an essential role to play to accelerate our world’s transition to net zero. I am proud to be joining the Science Based Targets initiative today to announce Holcim’s net zero pathway to 2050. By setting the first Net-Zero Standard for our industry, we are walking the talk on our commitment to take science-driven action to win the Race to Net Zero.”
Alberto Carrillo Pineda, Co-Founder and Managing Director of the SBTi: “Companies are currently self-defining net-zero targets without credible and independent assessment of their ambition and integrity. For the first time, the SBTi Net-Zero Standard offers companies robust certification to demonstrate to consumers, investors and regulators that their net-zero targets are reducing emissions at the pace and scale required to keep global warming to 1.5°C. We’re now inviting all companies with net-zero targets and ambitions to show stakeholders that their decarbonisation pathway is aligned with science. And the rest of the business sector – we call on you to join the Race to Zero.”
Holcim is taking a rigorous science-driven approach to build a net-zero future, working with the Science Based Targets initiative (SBTi). With its new 2050 pathway, the company is the first in its sector with net-zero targets for 2030 and 2050 validated by SBTi, cutting across its entire value chain (Scope 1, 2 and 3). See full details here.
Holcim is actively working on all levers to accelerate its sector’s transition to net zero. It is making green building possible at scale with the world’s first global ranges of green concrete ECOPact and green cement ECOPlanet. It is driving the circular economy to build new from the old, as a world leader in recycling on its way to 100 million tons of recycled materials by 2030. It enables smart design to build more with less, with technologies like 3D printing using 70% less materials with no compromise on performance. It is exploring next-generation technologies for breakthrough impact from digitalisation to carbon capture utilisation and storage.
Read the article online at: https://www.worldcement.com/europe-cis/29102021/holcim-becomes-first-in-sector-with-full-net-zero-pathway-endorsed-by-sbti/
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