Circularity Task Force Launched at COP28 with Holcim as a Key Player

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Circularity Task Force Launched at COP28 with Holcim as a Key Player

Posted by: Baris Karapinar
Category: ESG News

Holcim has become a founding member of the Sustainable Markets Initiative’s (SMI) Circularity Task Force at COP28 in Dubai, reinforcing its commitment to fostering a circular economy. The task force, in line with the Terra Carta charter, seeks to close crucial material loops, promoting climate action while safeguarding natural resources. Holcim’s dedication to circular construction aligns with its ambitious goal of recycling over 10 million tons of construction demolition materials by 2025.

By collaborating with other founding members, including Gemini Corp, Dubai Airports, Investcorp, and LGT Group, Holcim aims to champion scalable and sustainable circular business practices. This collaboration emphasizes tangible efforts and promotes awareness of supportive regulatory frameworks.

Holcim, a global leader in recycling, integrates circularity into its decarbonization journey, recycling nearly 7 million tons of construction demolition materials annually. Accelerating this pace, Holcim aims to recycle over 20 million tons by 2030 in Europe alone, utilizing its ECOCycle® circular technology across 150 sites. The technology enables the recycling of 100% of construction demolition materials, contributing to low-carbon cement formulation and circular concrete.

Jan Jenisch, Holcim’s Chairman and CEO, underscores the importance of circularity in addressing urbanization challenges and raising living standards sustainably. Holcim’s focus on circular solutions aligns with its broader mission to build progress for people and the planet, fostering a net-zero future with Science Based Targets initiative (SBTi)-validated goals.

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