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HeidelbergCement awarded ‘A’ rating for climate protection

Published by , Deputy Editor
World Cement,

The non-profit organisation CDP (formerly Carbon Disclosure Project) has recognised HeidelbergCement with a place on the ‘Climate Change A-List 2019’ as one of the leading companies worldwide for its commitment to climate action. HeidelbergCement has improved its rating in the area of climate protection from A - in the previous year, to the top grade A. In 2019, around 8000 companies disclosed data to CDP. Of these, only 179 companies worldwide, thereof 9 in Germany, were awarded the top grade, A.

“We are proud that we could further improve HeidelbergCement’s leading position from previous years and achieve a solid A rating on the CDP climate list. After our ambitious CO2 reduction targets were approved by the Science Based Targets initiative (SBTi) in 2019, this prime rating once again demonstrates that HeidelbergCement is on the right track in terms of climate action”, said Dr. Bernd Scheifele, Chairman of the Managing Board of HeidelbergCement. “Cutting our CO2 emissions and handling natural resources considerately are priorities for all our business lines.”

CDP is considered an important sustainability rating for investors. It assesses performance, transparency and proven management best practices from companies in the fields of climate change and protection of water and forests, allocating scores of A to D-. The goal of the CDP rating is to promote competition in the area of sustainability and encourage companies to set ambitious environmental protection targets. The companies on the CDP Climate Change A List are considered to be leaders because of their transparent and comprehensive disclosure of climate data, thorough awareness of climate risks, demonstration of strong governance and management of those risks, as well as their demonstration of market-leading best practices.

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