Climate Change Data

Cementir Holding N.V.

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:10,215,766 tCO2e/year
Scope 1 Emissions:7,184,097 tCO2e/year
Scope 2 Emissions:424,422 tCO2e/year
Scope 3 Emissions:2,607,247 tCO2e/year
Renewable Energy Share:22% of total energy use
Total Energy Consumption:38,005,770 GJ/year
Water Consumption:15,317,000 m3/year
Waste Generated:62,710 tons/year
Carbon Intensity:Not disclosed

ESG Focus Areas

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

Environmental Achievements

  • Reduced CO₂ emissions per ton of grey cement by 9% compared to 2020 (655 kg in 2023 vs 718 kg in 2020)
  • Reduced CO₂ emissions per ton of white cement by 7% compared to 2020 (846 kg in 2023 vs 915 kg in 2020)
  • Increased the percentage of Taxonomy-aligned activities in 2023 (three plants met the threshold)
  • Reduced clinker content in grey cement to 79% in 2023 from 80% in 2022
  • Reduced clinker to cement ratio for white cement to 79% in 2023 from 81% in 2022
  • Increased use of alternative fuels by 1 percentage point compared to 2022 (33% in 2023 vs 32% in 2022)
  • Produced 11,120 tons of fuel from waste in 2023
  • 95% of quarry rehabilitation plans in place

Social Achievements

  • No fatal injuries reported among employees, contractors, or subcontractors in 2023
  • 16% reduction in the total number of lost time injuries compared to 2022
  • Launched specific training on Diversity, Equity and Inclusion (DEI) and achieved all DEI targets for 2023
  • More than 80,000 hours of training provided in 2023 through Cementir Academy

Governance Achievements

  • Improved ESG ratings in 2023 (upgrade to A in MSCI rating and A- in Refinitiv rating)
  • Board composed of 50% women in 2023, exceeding the target
  • 15% reduction in clinker ratio in RMC products in 2023, exceeding the target

Climate Goals & Targets

Long-term Goals:
  • Net-zero emissions across the value chain by 2050
Medium-term Goals:
  • Reduce CO₂ emissions per ton of grey cement to 458 kg by 2030
  • Reduce CO₂ emissions per ton of white cement to 737 kg by 2030
  • Increase alternative fuel use to 48% for grey cement and 14% for white cement by 2030
  • Reduce clinker content to 64% for grey cement and 78% for white cement by 2030
  • Install CCS system in Aalborg by 2030
Short-term Goals:
  • Reduce water consumption by 20% by 2030 (25% in high water stress areas)

Environmental Challenges

  • Geopolitical risks (e.g., conflicts, inflation)
  • Price pressure
  • Shortage of labor
  • Lack of raw materials/fuels/aggregates
  • Supply chain disruptions
  • Climate change (physical and transition risks)
  • Shortage of strategic decarbonized materials (fly ash, slag, calcined clay)
  • Reputational risk
Mitigation Strategies
  • Active market monitoring and portfolio optimization
  • Strict cost discipline and long-term contracts
  • Talent programs and employee engagement initiatives
  • Securing supply through long-term contracts and finding new suppliers
  • Progressive decarbonization and investment in CCS technology
  • Developing alternative sourcing strategies
  • Active engagement with ESG rating agencies and transparent communication

Supply Chain Management

Supplier Audits: 154 suppliers involved in CDP Supply Chain program; 63 responded

Responsible Procurement
  • Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
  • Water stress
Transition Risks
  • Carbon pricing
  • CBAM
  • Shortage of strategic decarbonized materials
Opportunities
  • Development of low-carbon products
  • CCS technology
  • Green energy

Reporting Standards

Frameworks Used: GRI Sustainability Standards

Certifications: ISO 14001 (8 cement plants, 3 RMC companies, 1 waste management company), ISO 45001 (all cement plants)

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

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • FUTURECEM®
  • D-Carb
  • UNI-Green concrete

Awards & Recognition

  • CDP Climate Change A-
  • CDP Water Security A-