Holcim Sets New Net-Zero Targets and Invests $2B in CCUS Technology

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Holcim Sets New Net-Zero Targets and Invests $2B in CCUS Technology

Posted by: Baris Karapinar
Category: ESG News
net-zero targets

Holcim, a leading provider of building materials and solutions from Switzerland, has released its second climate report, highlighting the company’s progress toward net-zero emissions. According to the report, Holcim has updated its 2030 climate goals, which are in line with the 1.5°C framework and have been approved by the Science Based Targets initiative. The company has committed to reducing carbon emissions to 420 kg CO2 per tonne of cementitious materials by 2030, as well as investing CHF 2 billion by 2030 in developing and implementing mature technologies to capture more than 5 million tons of CO2 annually.

In its thorough approach to achieving its net-zero ambitions, Holcim demonstrates its dedication to sustainability. The company is increasing its use of alternative and renewable energy sources, incorporating decarbonized materials into the formulations of its products, and promoting low-carbon building solutions like ECOPlanet and ECOPact. It is also promoting circular construction throughout its operations by reusing construction and demolition waste to create new building solutions.

In order to build more livable and environmentally friendly cities, Jan Jenisch, CEO of Holcim, emphasized the company’s commitment to promoting low-carbon and circular construction practices. Holcim’s Chief Sustainability & Innovation Officer, Magali Anderson, meanwhile, emphasized the firm’s dedication to promoting innovation and pushing the boundaries of sustainable construction.

At the Annual General Meeting on May 4, 2023, Holcim’s Climate Report will be put to an advisory vote, demonstrating the company’s commitment to giving shareholders a say in its climate strategy. With a focus on sustainability, Holcim is establishing itself as a pioneer in environmentally friendly constructing and setting an example for others to follow.

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