Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Performance
• Social Performance
• Governance

Environmental Achievements

• Reduced specific CO2 emissions by 3% compared to the previous year.
• Achieved 64.9% fuel substitution with alternative fuels at the Geseke plant.
• Reduced dust emissions in Italy by 2.5%.

Social Achievements

• Launched employee well-being programs in various countries.
• Provided training for anticorruption and ethics behavior.
• Supported various community initiatives in multiple regions.

Governance Achievements

• Implemented an Organization and Management Model pursuant to Italian Legislative Decree No. 231/01.
• Adopted a Code of Conduct sent to all employees.
• Established an Internal Auditing function.

Climate Goals & Targets

Environmental Challenges

• High consumption of thermal and electrical energy and natural resources in cement production.
• Need to reduce exploitation of natural mineral resources.
• Addressing the NIMBY syndrome related to alternative fuel use.

Mitigation Strategies

• Investing in technological adaptation and production process management systems.
• Using alternative materials from other production processes.
• Implementing fuel replacement programs with alternative fuels.

Supply Chain Management

Responsible Procurement

• Selection based on technical and economic competitiveness of offers.
• Standardized payment conditions.
• Code of Ethics for Italian suppliers.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI G3

Certifications: ISO 14001, OHSAS 18001, EPD

Third-party Assurance: PricewaterhouseCoopers

Sustainable Products & Innovation

• Sulphoaluminate cement
• Flowstone cement
• White cements
• Solidur line for structural restoration

Environmental Metrics

ESG Focus Areas

• Safety
• Climate Change
• Stakeholder Engagement

Environmental Achievements

• Reduced specific gross scope 1 CO2 emissions by 5% compared to 2017.
• Achieved 29.9% thermal substitution (using alternative fuels) in 2022.
• Reduced absolute CO2 emissions by 9.4%.

Social Achievements

• Reduced LTIFR (Lost Time Injury Frequency Rate) by 30% compared to 2017.
• Implemented a new Corporate Safety Manager role.
• 100% of full-cycle cement plants operated with relevant engagement programs in 2022.

Governance Achievements

• Achieved 88% completion of the 2022 Audit Plan.
• Introduced “Guidelines for anticorruption training” and trained 963 employees (approx. 10%).
• Adopted a Group Tax Policy to ensure uniform tax management.

Climate Goals & Targets

Environmental Challenges

• Inflationary pressure and rising energy costs.
• Reduced production volumes in Ukraine due to the war.
• Two fatal accidents (one employee, one contractor).

Mitigation Strategies

• Higher sales prices resulted in higher turnover and EBITDA.
• Implemented prevention and mitigation plans in facilities at risk of flooding.
• Monitors water consumption and adopts water recovery systems.
• Participates in research projects for decarbonization technologies.
• Communicates commitments and efforts to stakeholders transparently.

Supply Chain Management

Supplier Audits: 88% completion of the 2022 Audit Plan

Responsible Procurement

• Compliance with Buzzi Unicem's Code of Conduct
• Preference for local suppliers where possible

Climate-Related Risks & Opportunities

Physical Risks

• Flooding
• Water scarcity

Transition Risks

• Tightening of emission regulations
• Technological risks related to decarbonization
• Market and reputational risks

Opportunities

• Development of energy-efficient products and technologies

Reporting Standards

Frameworks Used: GRI Standards

Certifications: ISO 14001 (66% of cement sites), ISO 45001 (64% of cement sites), CSC (9 cement plants and 83 concrete batching plants)

Environmental Metrics

ESG Focus Areas

• Climate Change
• Stakeholder Engagement
• Safety

Environmental Achievements

• CO2 emissions decreased by 1,301 thousand tons compared to 2022; 185,000 tons avoided thanks to improved production efficiency.
• Biomass content of alternative fuels avoided emission of 533.1 thousand tons of CO2.

Social Achievements

• Significant improvement in safety; LTIFR decreased by 29% and TIFR by 18% compared to 2022.
• 215,439 hours of training on health and safety issues provided.

Governance Achievements

• Updated Organization, Management and Control Model approved by the Board of Directors on September 28, 2023.
• Implementation of provisions of the Legislative Decree 24/2023 (Whistleblowing Decree).

Climate Goals & Targets

Environmental Challenges

• Decreased production volume and high energy costs.
• Two fatal accidents (one employee in the US, one contractor in Slovakia).
• Climate change related physical risks (floods) and transition risks (policy changes, technology limitations, market shifts).

Mitigation Strategies

• Competitive pricing model to combat decreased production and high energy costs.
• Implementation of various health and safety activities (sharing best practices, training, dialogue sessions).
• Flood risk assessment and prevention/mitigation plans.
• Monitoring policy and regulation evolution through trade associations.
• Climate Change Policy and decarbonization roadmap to achieve Net Zero by 2050.
• Participation in research projects for decarbonization technologies.

Supply Chain Management

Responsible Procurement

• Preference given to local suppliers where possible.
• Suppliers must comply with Buzzi's Code of Conduct.

Climate-Related Risks & Opportunities

Physical Risks

• Floods
• Water scarcity

Transition Risks

• Policy and regulatory changes
• Technological risks
• Market and reputational risks

Opportunities

• Development of energy-efficient products and technologies

Reporting Standards

Frameworks Used: GRI Standards

Certifications: ISO 14001 (66% of cement sites), ISO 45001 (67% of workers covered)

Third-party Assurance: PricewaterhouseCoopers SpA (limited assurance)