Fitch Ratings
Climate Impact & Sustainability Data (2020)
Reporting Period: 2020
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Greenhouse Gas emissions and air quality
- Energy and fuel management
- Water
- Biodiversity and waste
- Exposure to environmental impacts
Environmental Achievements
- LafargeHolcim reduced the percentage of cement production sites in water-stressed areas from 25% in 2013 to 17% in 2019.
- Companies such as UPM Kymmene Corporation are integrating wastewater technologies and improving water-use ratios.
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Rising carbon prices
- Tightening emissions standards
- Litigation and liabilities
- Investor demands for wider disclosure
- Changing demand for energy and commodities
- Supply chain scrutiny
- Risk of stranded assets
- Floods
- Droughts
- Water competition
- Water quality and pollution
- Insufficient water infrastructure
- Supply chain disruptions
- Population growth
- Deforestation
- Soil degradation
- Air, water, and land pollution
- Hazardous waste disposal
- Underdeveloped waste infrastructure
- Poor product design
- Asset retirement obligations
- Physical impacts of climate change
- Increased costs following natural disasters
- Underinsurance
- Risk diversification challenges
Mitigation Strategies
- Investing in low-carbon technologies (e.g., hydrogen-based steel production)
- Supplier engagement programs (e.g., Project Gigaton)
- Integrating climate targets into procurement policies
- Diversifying energy sources and assets
- Improving water efficiency and recycling
- Investing in desalination plants
- Implementing strong waste management practices
- Developing resilient business models
- Proactive supplier engagement and risk mitigation
- Developing detailed risk assessments
- Investing in disaster preparedness
- Implementing sustainable agriculture practices
- Developing and enforcing governmental and regulatory standards
- Risk mitigation strategies (e.g., enhancing asset resilience)
- Hedging raw material input prices
- Diversifying supplier base
- Improving internal coordination and contingency planning
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Integrating climate targets into procurement policies
- Supplier engagement programs
- Screening for deforestation risk
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
- Floods
- Droughts
- Wildfires
- Sea level rise
Transition Risks
- Rising carbon prices
- Tightening emissions standards
- Changing demand for fossil fuels
- Stranded assets
Opportunities
- Development of low-carbon technologies
- Growth in renewable energy
- Development of climate-resilient infrastructure
Reporting Standards
Frameworks Used: TCFD, GRI, GHG Protocol, EU Taxonomy
Certifications: LEED, RSPO, Aluminium Stewardship Initiative
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed