Climate Change Data

Cementir Holding N.V.

Climate Impact & Sustainability Data (2018, 2022)

Reporting Period: 2018

Environmental Metrics

Total Carbon Emissions:8,079,518 tCO2e/year
Scope 1 Emissions:7,435,268 tCO2e/year
Scope 2 Emissions:644,250 tCO2e/year
Renewable Energy Share:20% of total energy use
Total Energy Consumption:38,905,312 GJ/year
Water Consumption:8,571,129 m3/year
Waste Generated:203,388 tons/year
Carbon Intensity:819 kgCO2e/tTCE

ESG Focus Areas

  • Circular Economy
  • Environmental Protection
  • Employee Value
  • Community Support

Environmental Achievements

  • Reduced CO2 emissions by about 3% in cement production (from 8.3 to 8 million tons)
  • Reduced NOx emissions by over 21%
  • Reduced SOx emissions by 20%
  • Increased alternative fuel use from 13% in 2016 to 20% in 2018 (19% increase from 2017)
  • Increased alternative raw materials use from 6.8% in 2016 to 11.8% in 2018
  • Recycled around 63% of water used in cement production (up from 61% in 2017)
  • Collected and treated over 394,000 tons of waste (66% urban solid and 34% industrial waste)
  • Recycled around 10,000 tons of materials through selection and separation processes
  • Produced 105,000 tons of alternative fuels (SRF and RDF), an 18.7% increase from 2017
  • Developed FUTURECEM technology to reduce CO2 emissions by at least 25-30% compared to conventional products

Social Achievements

  • Launched Cementir Academy, providing over 60,000 hours of training (over 20 hours per capita)
  • Provided over 24,000 hours of health and safety training
  • Supported Izmir community in Turkey through a foundation, sponsoring over 500 scholarships

Governance Achievements

  • Adopted Corporate Governance system in line with Borsa Italiana's code
  • Implemented Organisation, Management and Control Model in accordance with Italian Legislative Decree 231/2001
  • Adopted a Code of Ethics

Climate Goals & Targets

Environmental Challenges

  • Price volatility and potential unavailability of traditional fuels
  • Depletion of non-renewable raw materials
  • Governmental decisions on emissions and fluctuations in CO2 emission quota prices
  • Potential negative attitudes from local communities regarding plant operations (especially in Turkey)
Mitigation Strategies
  • Increased use of alternative fuels and raw materials from waste
  • Constant monitoring of emissions and compliance with regulations
  • Implementation of UNI EN ISO 14001 certified management systems in 12 cement production sites
  • Staff training and analysis of environmental risks
  • Local communication, community meetings, stakeholder analyses, and communication plans (especially in Turkey)

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Sustainability Reporting Standards

Certifications: ISO 14001, OHSAS 18001, ISO 50001

Third-party Assurance: PricewaterhouseCoopers S.p.A. (Limited Assurance)

Sustainable Products & Innovation

  • FUTURECEM
  • Aalborg Extreme™ Light 120 UHPC
  • Aalborg Excel™ GRC
  • Aalborg Explore™ 3D printing pre-mix

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:11,286,965 tCO2e/year
Scope 1 Emissions:7,324,884 tCO2e/year
Scope 2 Emissions:386,306 tCO2e/year
Scope 3 Emissions:3,575,775 tCO2e/year
Renewable Energy Share:21% of total energy use
Total Energy Consumption:38,639,060 GJ/year
Water Consumption:14,908,000 m3/year
Waste Generated:160,054 tons/year
Carbon Intensity:672 kg CO2e/ton of grey cement (2022)

ESG Focus Areas

  • Climate Change and GHG emissions
  • Health & Safety
  • Cybersecurity and data protection

Environmental Achievements

  • Reduced CO₂ per ton of grey cement to 672 kg (6% lower than 2020 and below the 679 kg target for 2022).
  • Reduced CO₂ per ton of white cement to 886 kg (3% lower than 2020 and below the 915 kg target for 2022).
  • Increased use of alternative fuels by 2 percentage points compared to 2021 (32% in 2022 versus 30% in 2021).

Social Achievements

  • No fatalities and high-consequence injuries among employees and contractors/subcontractors in 2022.
  • Launched the second Global People Survey, ‘Your Voice’, with 88% participation rate.
  • Implemented diversity, equity, and inclusion (DEI) audits in all Group companies.

Governance Achievements

  • Signed the UN Global Compact.
  • Achieved a 100% score on the overall TCFD assessment by S&P.
  • Improved ESG ratings across various agencies (CDP, Refinitiv, ISS, etc.).

Climate Goals & Targets

Long-term Goals:
  • Achieve net-zero emissions across the value chain by 2050.
Medium-term Goals:
  • Reduce CO₂ emissions per ton of grey cement to 460 kg by 2030 (36% reduction from 2020 levels).
  • Reduce CO₂ emissions per ton of white cement to 738 kg by 2030 (19% reduction from 2020 levels).
  • Increase alternative fuel use to 50% for grey cement and 13% for white cement by 2030.
Short-term Goals:
  • Reduce water consumption by 20% by 2030 (25% in high water-stress areas).

Environmental Challenges

  • Economic slowdown impacting demand for construction materials.
  • Geopolitical instability influencing demand trends.
  • Raw material (fuel and electricity) price volatility.
  • Logistics and freight cost increases.
  • Reputational risk of being perceived as a major carbon emitter.
Mitigation Strategies
  • Active market monitoring and cost discipline.
  • Long-term contracts to secure favorable costs.
  • Continuous currency monitoring and hedging transactions.
  • Centralized energy supply management and financial instruments.
  • Expanding use of alternative energy sources.
  • Agreements with cost ceilings for logistics and COAs for shipping.
  • Sustainability Strategy with SBTi-validated emission reduction targets.

Supply Chain Management

Supplier Audits: 110 suppliers involved in CDP Supply Chain program in 2022; 43 responded (39% response rate).

Responsible Procurement
  • Supplier Code of Conduct reviewed in 2022.

Climate-Related Risks & Opportunities

Physical Risks
  • Water stress
  • Extreme weather events
  • Heat waves
  • Floods
  • Wildfires
  • Cold waves
  • Sea level rise
  • Hurricanes
Transition Risks
  • Reputational risk
  • New CO₂ emissions laws and regulations
  • Raw material shortages
  • Increased costs of alternative fuels
  • CBAM
Opportunities
  • Carbon Capture and Storage (CCS)
  • Development of low-emission products
  • Green Energy
  • Increased supply of district heating

Reporting Standards

Frameworks Used: GRI Sustainability Standards

Certifications: ISO 14001 (8 cement plants, 3 RMC companies, 3 waste management companies), ISO 50001 (7 cement plants)

Third-party Assurance: PricewaterhouseCoopers S.p.A. (limited assurance)

UN Sustainable Development Goals

  • Goal 6 (Clean Water and Sanitation)
  • Goal 7 (Affordable and Clean Energy)
  • Goal 8 (Decent Work and Economic Growth)
  • Goal 9 (Industry, Innovation and Infrastructure)
  • Goal 11 (Sustainable Cities and Communities)
  • Goal 13 (Climate Action)

Cementir's initiatives contribute to these goals through various programs and actions related to water management, energy efficiency, job creation, sustainable infrastructure, community engagement, and climate change mitigation.

Sustainable Products & Innovation

  • FUTURECEM® (low-carbon cement)
  • Aalborg Extreme® and Aalborg Exce® (UHPC pre-mixes)
  • InBind (customized binder for UHPC)

Awards & Recognition

  • CDP 'A-' rating for Climate Change (2022)
  • CDP 'A-' rating for Water Security (2022)
  • ISS C+ Prime rating