HeidelbergCement receives “A” rating for commitment to climate protection
The international 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, and thus remains leading in the cement sector. In 2019, around 8,000 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”, says 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 one of the most important sustainability ratings 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-. 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.
About HeidelbergCement
HeidelbergCement is one of the world’s largest integrated manufacturers of building materials, with leading market positions in aggregates, cement and ready-mixed concrete. The company employs some 57,000 people at more than 3,000 locations in around 60 countries.
HeidelbergCement has committed itself to reduce its specific net CO₂ emissions per tonne of cement by 30% compared to 1990 by 2030. This target has been approved by the Science Based Target initiative (SBTi) and is in line with the goals of the Paris Agreement, making HeidelbergCement the first cement company worldwide to have approved science-based CO₂ reduction targets. HeidelbergCement will realise its vision of carbon neutral concrete – at the latest – by 2050.
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