HeidelbergCement confirms climate change leadership with CDP 'A' rating
The global environmental non-profit organisation CDP has once again recognised the activities of HeidelbergCement as one of the world’s leading companies in cutting emissions, mitigating climate risks and developing the low-carbon economy. HeidelbergCement could maintain its position on the CDP Climate Change A List from the previous year and remains leading in the cement sector.
"The solid A rating from CDP that we’ve received for the second year in a row recognises our huge efforts on the way to significantly reduce our emissions," says Dr. Dominik von Achten, Chairman of the Managing Board of HeidelbergCement. "Our ambitious reduction targets set for 2025 and the commitment to achieve CO2 neutrality latest by 2050 are the basis of all our actions. "
HeidelbergCement has recently sharpened its climate targets considerably. By 2025, the company aims to reduce specific net CO2 emissions to below 525 kg per tonne of cementitious material. This figure corresponds to a reduction by 30% compared to 1990 and had previously only been targeted for 2030. The company has also committed itself to offer carbon neutral concrete by 2050 at the latest.
In 2020, over 9,600 companies disclosed data to CDP. Of these, only 270 companies worldwide, thereof 16 in Germany, were awarded the top A rating for their climate change performance. In the annual rating process, CDP uses a detailed and independent methodology to assess the environmental performance of companies, allocating scores from A to D-. These scores are based on the comprehensiveness of disclosure, awareness and management of environmental risks and demonstration of best practices, such as setting ambitious and meaningful targets. Companies that do not disclose or provide insufficient information are rated with an F.
The full list of this year’s CDP scores in all categories is available here: www.cdp.net/en/companies/companies-scores
About CDP
CDP is a global non-profit that drives companies and governments to reduce their greenhouse gas emissions, safeguard water resources and protect forests. Over 9,600 companies with over 50% of global market capitalization disclosed environmental data through CDP in 2020.
About HeidelbergCement
HeidelbergCement is one of the world’s largest integrated manufacturers of building materials and solutions, with leading market positions in aggregates, cement, and ready-mixed concrete. Around 54,000 employees at more than 3,000 locations in over 50 countries deliver long-term financial performance through operational excellence and openness for change. At the center of actions lies the responsibility for the environment. As forerunner on the path to carbon neutrality, HeidelbergCement crafts material solutions for the future.