LafargeHolcim accelerates impact on United Nations “Decade for Action” plan
Published by David Bizley,
Senior Editor
World Cement,
With ten years remaining to achieve the UN’s Sustainable Development Goals, LafargeHolcim is committed to accelerating its impact across the Sustainable Development Goals (SDGs) and to transparently disclosing its progress.
LafargeHolcim was recognised as a global climate leader this year, entering the CDP’s prestigious ‘A List’ for tackling climate change, among only two companies in its industry to rank ‘A’ for climate and ‘A-’ for water. In addition, LafargeHolcim ranked 1st in the building materials industry by the Corporate Human Rights Benchmark (CHRB) and among the world’s top 15% of benchmarked companies. These recognitions add to LafargeHolcim’s number 1 ESG ranking with Sustainalytics in the construction sector.
Magali Anderson, Chief Sustainability Officer: “As we celebrate the 5th anniversary of the UN-sponsored COP 21 Paris agreement, it is more important now than ever for companies and governments to unite around climate action and the SDGs. That’s why we set ourselves the most ambitious 2030 climate targets in our industry, joining the Business Ambition for 1.5°C. Decarbonising business is vital, but it’s not enough. We are accelerating our overall commitment to the SDGs to build a world that works for people and the planet.”
Turning its ambitions into actions, this year LafargeHolcim accelerated its sustainability journey. Leading the way in green building solutions, the company launched ECOPact, the industry’s broadest range of green concrete, enabling carbon-neutral construction, while deploying its EcoLabel to transparently brand its green products.
At New York climate week LafargeHolcim pledged to become a net zero company, partnering with the Science-Based Targets initiative (SBTi) to set the first net zero roadmap in the cement industry, building on its 2030 SBTi validated climate targets. The company is also doubling its circular economy commitment, going from 50 million t of recycled materials across its business in 2019 to 100 million t by 2030.
Taking an integrated approach, LafargeHolcim launched the first sustainability-linked bond in its industry for €850 million, bringing its ESG-related funding agreements to CHF 6 billion.
Read the article online at: https://www.worldcement.com/special-reports/14122020/lafargeholcim-accelerates-impact-on-united-nations-decade-for-action-plan/
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