Climate Change Data

Holcim Ltd

Climate Impact & Sustainability Data (2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024-01 to 2024-06)

Reporting Period: 2014

Environmental Metrics

ESG Focus Areas

  • Climate
  • Resources
  • Communities

Environmental Achievements

  • Reduced specific CO2 emissions by 23.9% compared with 1990 levels
  • Achieved a Thermal Substitution Rate of 14.0%
  • Used 2.6 million tonnes of construction and demolition waste and other alternative aggregates
  • Reduced water consumption per tonne of product by 30% in cement and 37% in aggregates compared to 2012

Social Achievements

  • Reduced lost-time injury frequency rate to 1.6 and total injury frequency rate to 4.8
  • Implemented community engagement plans covering 92% of operational sites
  • Provided 1,395,503 hours of employee training in 2014
  • An estimated 10.4 million people benefited from strategic social investment and inclusive business initiatives

Governance Achievements

  • Established a global Integrity Line, receiving 292 reports in 2014
  • Revised the Holcim Code of Business Conduct in 2014
  • Implemented ISO 14001 in 94% of cement plants and 93% of alternative fuels and raw materials (AFR) pre-treatment platforms

Climate Goals & Targets

Long-term Goals:
  • Generate one-third of revenue from Sustainability Enhanced Solutions by 2030
  • Achieve no net increase in CO2 emissions vs 2013 by 2030
  • Positive impact on water resources in water-scarce areas by 2030
  • Positive change for biodiversity across the Group by 2030
  • Impact 100 million people at the base of the pyramid by 2030
Medium-term Goals:
  • Reduce specific CO2 emissions by 30% compared with 1990 levels by 2020
  • Achieve a Thermal Substitution Rate of 20% by 2020
  • Use 10 million tonnes of construction and demolition waste and other alternative aggregates by 2020
  • Improve water efficiency by 20% compared with 2012 and meet water-quality criteria in all sites by 2020
  • Assess the biodiversity quality at all our extraction sites by 2020
  • 40 million people at the base of the pyramid to benefit from our strategic social investment and inclusive business initiatives between 2013 and 2020
Short-term Goals:
  • Reduce specific CO2 emissions by 25% compared with 1990 levels by 2015
  • Define operational water footprint across all sites by 2015
  • Implement Biodiversity Action Plans for all sensitive sites by 2015

Environmental Challenges

  • Unacceptably high fatalities and injuries in occupational health and safety
  • Need to further enhance sustainable practices to reflect the higher responsibility of the merged entity with Lafarge
Mitigation Strategies
  • Continuing efforts to improve OH&S performance, implementing programs, developing a culture of safety, and applying strict consequence management practices
  • Developing a tool to build an objective and transparent base for advocacy, demonstrate license to operate, and engage stakeholders (Integrated Profit and Loss statement)

Supply Chain Management

Responsible Procurement
  • Supplier Code of Conduct informed by UNGC principles
  • Independent third-party evaluation of high-risk suppliers

Climate-Related Risks & Opportunities

Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI G4

Certifications: ISO 14001

Third-party Assurance: PricewaterhouseCoopers (PwC)

Sustainable Products & Innovation

  • Sustainability Enhanced Solutions (SEnSo)
  • Low CO2 cements
  • Holcim Green ready-mix concrete

Awards & Recognition

  • Holcim Safety Awards

Reporting Period: 2015

Environmental Metrics

Total Carbon Emissions:154,000 tCO2e/year (net)
Scope 1 Emissions:159,000 tCO2e/year
Scope 2 Emissions:16,000 tCO2e/year
Renewable Energy Share:15.1% of thermal energy demand in clinker production from alternative fuels
Water Consumption:123,000,000 m3/year

ESG Focus Areas

  • Climate
  • Circular Economy
  • Water and Nature
  • People and Communities

Environmental Achievements

  • Reduced net CO2 emissions per tonne of cement by 26% against the 1990 benchmark (573kg/tonne in 2015)
  • Used 53.5 million tonnes of waste-derived resources
  • Reduced specific freshwater withdrawal in cement operations to 315 l/tonne cement

Social Achievements

  • Benefited an estimated 6.6 million people through social investments
  • Achieved 13% women at Top Management Level, 16% at Senior Management Level, and 19% at Middle Management Level
  • Implemented community engagement plans at 62% of cement plants and 31% of aggregate and concrete plants

Governance Achievements

  • Established a global Integrity Line, receiving 386 reports related to alleged violations of the Code of Business Conduct
  • 19,357 employees completed anti-bribery and corruption e-learning module
  • Reported on taxes paid per region in the Annual Report and Accounts

Climate Goals & Targets

Long-term Goals:
  • Reduce net specific CO2 emissions by 40% per tonne of cement (vs 1990) by 2030
  • Use 80 million tonnes of waste-derived resources per year by 2030
  • Reduce specific freshwater withdrawal in cement operations by 30% by 2030
  • Achieve zero fatalities and reduce LTIFR to <0.20 and TIFR by 50% by 2030
  • Achieve 30% minimum gender diversity at all management levels by 2030
  • Help customers avoid 10 million tonnes of CO2 released from buildings each year by 2030
  • Supply 26 million tonnes of recycled aggregates by 2030
  • Make a positive impact on water in water-scarce areas by 2030
  • Show a positive change for biodiversity by 2030
  • Develop initiatives to benefit 75 million people by 2030
  • Engage in collective action to combat bribery and corruption in all high-risk countries by 2030
Medium-term Goals:
  • Reduce specific freshwater withdrawal in cement operations by 25% vs 2015 by 2025
  • Reduce specific CO2 emissions by 37% vs 1990 by 2025
  • Use >65 million tonnes of waste-derived resources by 2025
  • Supply >18 million tonnes of recycled aggregates by 2025
Short-term Goals:
  • Implement the WASH Pledge on all sites by 2020
  • Have community stakeholder plans in place for 80% of cement plants and 40% of A&C plants at a cluster level by 2020

Environmental Challenges

  • High number of fatalities (50 in 2015), with a Lost Time Injury Frequency Rate (LTIFR) of 1.02 and a Total Injury Frequency Rate (TIFR) of 3.17
  • Large negative impact from CO2 emissions
  • Increased footprint in water-scarce areas
Mitigation Strategies
  • Implementing a Health and Safety Transformational Path to reduce incidents and move towards zero harm
  • Developing new products and services to help end-users reduce emissions in the “use phase”
  • Developing methodologies to measure CO2 savings downstream and impacts beyond operational boundaries

Supply Chain Management

Supplier Audits: 7.5% of suppliers identified as “High Risk” screened

Responsible Procurement
  • Supplier Code of Conduct informed by UN Global Compact principles
  • Sustainable Procurement Initiative

Climate-Related Risks & Opportunities

Opportunities
  • Development of energy-efficient products
  • Solidia Cement™

Reporting Standards

Frameworks Used: GRI G4

Third-party Assurance: Ernst & Young et Associés

Sustainable Products & Innovation

  • Durabric
  • Solidia Cement™

Reporting Period: 2016

Environmental Metrics

Waste Generated:14 million tonnes of waste used as alternative fuel and raw material (2015)

ESG Focus Areas

  • Climate Change
  • Circular Economy
  • Water
  • Nature
  • People and Communities
  • Health & Safety

Environmental Achievements

  • Reduced CO² per tonne of cement
  • Launched Airium, a fully recyclable mineral foam insulation product
  • Increased use of alternative fuels through Geocycle, reducing CO² and energy costs
  • Developed DURABRIC, a building block technology that uses locally sourced earth, preventing deforestation

Social Achievements

  • Developed a range of affordable housing solutions aiming to positively impact up to 25 million people by 2030
  • Launched 14Trees, a joint venture to accelerate DURABRIC production and commercialization in Sub-Saharan Africa
  • Implemented a standardized Health & Safety performance management process across all countries
  • Launched a new health management plan to protect, support and grow the health and wellbeing of employees and contractors

Governance Achievements

  • Maintained a solid investment grade rating
  • Implemented a standardized Health & Safety performance management process across all countries
  • Established a new health management plan

Climate Goals & Targets

Long-term Goals:
  • Generate one-third of turnover from solutions with enhanced sustainability performance by 2030
  • Reduce net specific CO2 emissions by 40% per tonne of cement (vs 1990) by 2030
  • Use 80 million tonnes per year of waste-derived resources by 2030
  • Reduce specific freshwater withdrawal in cement operations by 30% by 2030
  • Achieve zero fatalities by 2030
  • Reduce LTIFR to <0.20 by 2030
  • Reduce TIFR by 50% by 2030
  • Reduce disease rate to <0.1 by 2030
  • Achieve 30% minimum gender diversity at all management levels by 2030
  • Help customers avoid 10 million tonnes of CO2 being released from buildings each year by 2030
  • Provide end-of-life solutions for products and supply four times more recycled aggregates from CDW/RAP by 2030
  • Make a positive impact on water in water-scarce areas by 2030
  • Develop initiatives to benefit 75 million people by 2030
  • Show a positive change for biodiversity by 2030
Medium-term Goals:
  • Generate a run rate operating free cash flow of between CHF 2.8 and 3.3 billion, or CHF 5.00 per share, in 2018
  • Keep run rate capital expenditure below CHF 2 billion in 2018
  • Generate CHF 7 billion in Adjusted Operating EBITDA in 2018
  • Increase return on invested capital by 300 basis points from the 2015 level by 2018
  • Implement successful retail models in 30–50 countries by 2020
Short-term Goals:
  • Deliver total run rate synergies of more than CHF 1 billion by the end of 2017

Environmental Challenges

  • Increased number of fatalities and injuries in 2016, chiefly due to road traffic incidents
  • Economic crisis in Brazil
  • Interruption of gas supplies in Nigeria
  • Increased volatility in markets
  • Increased competition and overcapacity in some markets
  • Government's demonetization policy in India
  • Economic slowdown across Latin America
  • Challenging market conditions in Indonesia and Malaysia
Mitigation Strategies
  • Concerted plan in place to improve Health & Safety record and move towards zero harm
  • Decisive measures taken to reduce costs in Brazil
  • Measures to improve fuel flexibility in Nigeria
  • Disciplined cost management
  • Successful pricing strategies and cost-saving measures in Latin America
  • New marketing strategies in India
  • Actions to improve competitiveness and performance in Indonesia and Malaysia

Supply Chain Management

Climate-Related Risks & Opportunities

Opportunities
  • Development of energy-efficient products

Sustainable Products & Innovation

  • Airium
  • DURABRIC
  • Solidia Cement™
  • Aggneo recycled aggregates
  • Hydromedia concrete

Reporting Period: 2017

Environmental Metrics

Total Carbon Emissions:128 million tonnes CO2e (net)
Scope 1 Emissions:114 million tonnes CO2e
Scope 2 Emissions:10 million tonnes CO2e
Renewable Energy Share:16.5% (alternative fuels and biomass)
Total Energy Consumption:23,028 GWh
Water Consumption:113 million m3
Waste Generated:52.7 million tonnes

ESG Focus Areas

  • Climate
  • Circular Economy
  • Water and Nature
  • People and Communities

Environmental Achievements

  • 24% reduction in net CO2 emissions per tonne of cement since 1990
  • 23% reduction in thermal energy consumption per tonne of clinker since 1990
  • 53 million tonnes of waste-derived production resources used in 2017
  • 16.5% of thermal energy demand for clinker production covered by alternative fuels, reducing CO2 emissions by 8 million tonnes
  • 12.2% reduction in specific freshwater withdrawal vs 2015

Social Achievements

  • Launched "I Live Healthy" employee well-being program in El Salvador
  • CHF 43.1 million in social investments and inclusive business projects, benefiting 7 million people directly and 17.5 million indirectly
  • Zero road fatalities in Algeria in 2017
  • Human Rights Impact Assessments (HRIAs) conducted in 45 out of 67 countries

Governance Achievements

  • Established a Health, Safety and Sustainability Committee of the Board (HSSC)
  • 341 reports related to the Code of Business Conduct received, with compliance remediation measures implemented
  • 18,581 employees completed anti-bribery and corruption training, and 16,406 employees underwent fair competition training
  • EcoVadis awarded a gold recognition level for supplier sustainability ratings

Climate Goals & Targets

Long-term Goals:
  • Reduce net specific CO2 emissions by 40% per tonne of cement by 2030
  • Help customers avoid 10 million tonnes of CO2 emissions by 2030
  • Use 80 million tonnes of waste-derived resources per year by 2030
  • Supply 26 million tonnes of recycled aggregates by 2030
  • Reduce specific freshwater withdrawal in cement operations by 30% by 2030
  • Achieve zero fatalities by 2030
  • Reduce LTIFR to <0.2 by 2030
  • Reduce TIFR by 50% by 2030
  • Reduce OIFR to <0.05 by 2030
  • 30% gender diversity at all management levels by 2030
  • Develop initiatives to benefit 75 million people by 2030
  • Engage in collective action to combat bribery and corruption in all high-risk countries by 2030
Medium-term Goals:
  • Reduce specific freshwater withdrawal in cement operations by 20% by 2020
  • Reduce LTIFR to <0.5 by 2020
  • Reduce TIFR by 30% by 2020
  • Reduce OIFR to <0.25 by 2020
  • 20% gender diversity at each management level by 2020
Short-term Goals:
  • Conduct human rights assessments in 100% of countries by 2020
  • 80% of high-risk suppliers assessed by 2020

Environmental Challenges

  • 31 employee and contractor fatalities in 2017
  • CO2 emissions (largest negative impact of operations)
  • Water usage (negative impact)
  • Road safety (greatest safety challenge globally)
  • Increasing demands for transparent and reliable information on responsible sourcing
Mitigation Strategies
  • Revised health and safety strategy (Ambition “0”), focusing on six areas
  • Global reporting module for occupational illness cases included in incident reporting system
  • Revised road safety training program with in-cab training and robust pass/fail assessment
  • Implementation of the Water Positive Impact Methodology
  • Developed a Supplier Code of Conduct and implemented a risk-based supplier assessment methodology

Supply Chain Management

Supplier Audits: 414 suppliers of goods screened; 308-1 high-risk suppliers of goods screened; 30% of suppliers identified as high risk

Responsible Procurement
  • Supplier Code of Conduct
  • Risk-based supplier assessment methodology

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather conditions
  • Water shortages
Transition Risks
  • Carbon pricing
  • Litigation risk
  • Reputational risk
Opportunities
  • Development of low-carbon solutions
  • Renewable energy generation

Reporting Standards

Frameworks Used: GRI G4

Certifications: ISO 14001

Third-party Assurance: Ernst & Young et Associés

UN Sustainable Development Goals

  • Goal 7 (Affordable and clean energy)
  • Goal 13 (Climate action)
  • Goal 12 (Responsible consumption and production)
  • Goal 9 (Industry, innovation and infrastructure)
  • Goal 1 (No poverty)
  • Goal 6 (Clean water and sanitation)
  • Goal 3 (Good health and well-being)
  • Goal 8 (Decent work and economic growth)
  • Goal 4 (Quality education)
  • Goal 16 (Peace, justice and strong institutions)
  • Goal 5 (Gender equality)
  • Goal 17 (Partnerships for the goals)
  • Goal 15 (Life on land)

The 2030 Plan targets are mapped to relevant SDGs

Sustainable Products & Innovation

  • Ductal® (ultra-high-performance concrete)
  • Airium™ (mineral foam-insulating technology)
  • Photovoltaic, energy-generating concrete facade

Awards & Recognition

  • Social Impact Award at the Swiss Egyptian Business Association (Geocycle Egypt)
  • CDP Leadership band (A-)

Reporting Period: 2018

Environmental Metrics

Total Carbon Emissions:135 million tCO2e/year (Scope 1,2,3 combined)
Scope 1 Emissions:126 Mt CO2e/year (Cement)
Scope 2 Emissions:8 Mt CO2e/year (Cement)
Scope 3 Emissions:Not disclosed
Renewable Energy Share:18% of thermal energy from waste-based fuels
Total Energy Consumption:620 MWh/year (Cement)
Water Consumption:154 million m3/year (Total)
Waste Generated:52 million tonnes/year
Carbon Intensity:576 kg CO2e/tonne cementitious material

ESG Focus Areas

  • Climate and Energy
  • Circular Economy
  • Environment
  • Community

Environmental Achievements

  • Reduced net CO2 emissions per tonne of cementitious material by 25 percent compared to the 1990 baseline.
  • Reduced freshwater withdrawal per tonne of cementitious material by 19 percent since 2015.
  • Reused 52 million tonnes of waste in operations.

Social Achievements

  • An additional three million people benefited from community investments.
  • 8,700 employees spent over 60,000 hours on volunteering programs.

Governance Achievements

  • Improved global Lost Time Injury Frequency Rate for employees and contractors on-site to 0.79, a 13 percent improvement compared to 2017.

Climate Goals & Targets

Long-term Goals:
  • Reduce CO2 emissions to 520 kg CO2/tonne by 2030
Medium-term Goals:
  • Reduce CO2 emissions to 560 kg CO2/tonne by 2022
  • Increase waste reuse to 80 million tonnes by 2030
  • Reduce freshwater withdrawal to 262 liters/tonne of cementitious material by 2030
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • 19 employees and contractors lost their lives in 2018.
  • Water usage continues to have a negative impact.
  • Limited availability of mineral components in some markets to replace clinker.
Mitigation Strategies
  • Implementing a zero-harm culture and zero fatalities strategy.
  • Shifting focus to consider total impact on water resources in communities, particularly in water-scarce areas.
  • Increasing the use of alternative mineral components such as pozzolan, slag or fly ash to replace clinker.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Increases in carbon pricing
Opportunities
  • Development of low-carbon solutions

Reporting Standards

Frameworks Used: GRI (Comprehensive), UN Global Compact

Certifications: ISO 14001

Third-party Assurance: Deloitte LLP (Limited Assurance)

UN Sustainable Development Goals

  • SDG 6
  • SDG 7
  • SDG 9
  • SDG 12
  • SDG 13
  • SDG 14
  • SDG 15
  • SDG 17

Various initiatives contribute to these goals as detailed throughout the report.

Sustainable Products & Innovation

  • Thermaflow
  • AIRIUM
  • aggneo recycled aggregates
  • Durabric low-carbon alternative housing solution

Awards & Recognition

  • Platinum Award for Excellence in Community Relations (Stringtown Quarry)
  • Alberta Sand and Gravel Association Award of Excellence (Berrymoor Pit)

Reporting Period: 2019

Environmental Metrics

Total Carbon Emissions:121,000 tCO2e (Scope 1 & 2)
Scope 1 Emissions:108,000 tCO2e
Scope 2 Emissions:7,000 tCO2e
Scope 3 Emissions:19,000 tCO2e
Renewable Energy Share:7% (Cement electrical energy)
Total Energy Consumption:565 M GJ (Cement)
Water Consumption:144,000 m3
Waste Generated:0.53 Mt (Internal non-hazardous waste disposed)
Carbon Intensity:561 kg CO2e/ton cementitious material

ESG Focus Areas

  • Climate Change
  • Circular Economy
  • Water Stewardship
  • Health and Safety
  • Community Engagement

Environmental Achievements

  • Reduced net CO2 emissions per ton of cementitious material to 561 kg/ton, a 1.4% decrease from 2018.
  • Increased the amount of waste reused in operations by 4.3%.
  • Reduced freshwater withdrawal per ton of cement by nearly 6%.

Social Achievements

  • Reached a total of 5.9 million people benefiting from community programs and investments.
  • Reduced road fatalities by 58% vs. 2016 and 11% since 2018.
  • Improved Lost Time Injury Frequency Rate (LTIFR) with a 26% decrease since Ambition “0” was launched.

Governance Achievements

  • 2030 target of 520 kg CO2 per ton validated externally by the Science Based Targets initiative.
  • Revised 2022 target for CO2 emissions to 550 kg/ton from 560 kg/ton.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Reduce CEM specific CO2 emissions to 520 kg/ton by 2030.
  • Reduce CEM specific freshwater withdrawal to 262 L/ton by 2030.
Short-term Goals:
  • Reduce CEM specific CO2 emissions to 550 kg/ton by 2022.
  • Reduce CEM specific freshwater withdrawal to 291 L/ton by 2022.

Environmental Challenges

  • Not satisfied with current sustainability results.
  • Non-homogenous methods for estimating beneficiaries from community programs across reporting countries.
  • Three plants reporting higher dioxin/furan concentrations than usual in 2019.
Mitigation Strategies
  • Reviewing sustainability strategy in 2020, considering internal and external stakeholder views.
  • Investigating reasons for increased dioxin/furan concentrations to define action plans.
  • Not disclosed

Supply Chain Management

Supplier Audits: 72% of suppliers with Supplier code of conduct as part of contractual agreement; 77% of high ESG impact suppliers qualified.

Responsible Procurement
  • Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: GRI, Science Based Targets initiative (SBTi), Task Force on Climate-related Financial Disclosures (TCFD), UN Global Compact

Certifications: ISO 14001, ISO 45001

Third-party Assurance: EY & Associés

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed

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:48 million tons (2019)
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Climate Change
  • Circular Economy

Environmental Achievements

  • Reduced scope 1 and scope 2 GHG emissions 21% per ton of cementitious materials by 2030 from a 2018 base year.
  • Reduced scope 1 GHG emissions 17.5% per ton of cementitious material and scope 2 GHG emissions 65% per ton of cementitious materials by 2030.
  • Recycled 48 million tons of waste in 2019.
  • Reached 475 kg net CO2 per ton of cementitious material (net CO2/t.cem) by 2030.

Social Achievements

  • Not disclosed

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Net zero emissions
Medium-term Goals:
  • Reach 475 kg net CO2 per ton of cementitious material (net CO2/t.cem) by 2030.
  • Operate its first net zero CO2 cement production facility by 2030.
Short-term Goals:
  • Reduce scope 1 and scope 2 GHG emissions 21% per ton of cementitious materials by 2030.

Environmental Challenges

  • Reducing CO2 emissions in the cement sector.
Mitigation Strategies
  • Accelerating the use of low-carbon and carbon-neutral products (ECOPact and Susteno), recycling waste and byproducts, scaling up the use of calcined clay, developing novel cements, doubling waste-derived fuels, partnering with SBTi to develop a 1.5°C cement roadmap, piloting over twenty Carbon Capture Usage and Storage (CCUS) projects.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Science Based Targets initiative (SBTi)

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • ECOPact (green concrete)
  • Susteno (circular cement)

Awards & Recognition

  • Not disclosed

Reporting Period: 2021

Environmental Metrics

Scope 1 Emissions:109 Mt
Scope 2 Emissions:7 Mt
Scope 3 Emissions:30 Mt
Renewable Energy Share:8.2%
Total Energy Consumption:579 M GJ
Water Consumption:140 Mm3
Waste Generated:1.89 million tons

ESG Focus Areas

  • Climate & Energy
  • Nature
  • Circular Economy
  • People
  • Human Rights

Environmental Achievements

  • Reduced net CO₂ emissions (Scope 1) by 1% to 553 kg CO₂ per ton of cementitious materials.
  • Increased waste volumes used in cement production by 20% to 46 million tons.
  • Increased circularity ratio for cement to 24%.

Social Achievements

  • Reduced fatalities sevenfold in five years since launching Ambition “0” in 2017.
  • Reduced Lost Time Incident Frequency Rate (LTIFR) by over 20% to 0.39.
  • Invested CHF 43 million on housing and infrastructure, health, education and skills (19% increase from prior year).

Governance Achievements

  • Launched a new Human Rights and Social Policy.
  • 100% of operating countries now have a human rights assessment process and action plan in place.
  • Integrated Profit & Loss (IP&L) statement included in Annual Report.

Climate Goals & Targets

Long-term Goals:
  • Net-zero emissions by 2050
Medium-term Goals:
  • Recycle 75 million tons of waste by 2025
  • Recycle 100 million tons of waste by 2030
  • Achieve 30% circularity ratio for cement by 2030
  • Achieve 475 kg net CO2/ton cementitious by 2030
Short-term Goals:
  • Reduce cement-specific freshwater withdrawal by 33% by 2025
  • Recycle 10 million tons of CDW by 2025
  • Achieve 520 kg net CO2/ton cementitious by 2025

Environmental Challenges

  • Need to accelerate CO₂ reductions in coming years to meet 2025 and 2030 targets.
Mitigation Strategies
  • Invested over CHF 200 million in CO₂-related projects in 2021.

Supply Chain Management

Supplier Audits: 58 entities representing more than 98% of total procurement spend

Responsible Procurement
  • Supplier Code of Conduct

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI, SASB

Certifications: ISO 14001, ISO 45001

Third-party Assurance: EY & Associés

Sustainable Products & Innovation

  • ECOPact green concrete
  • ECOPlanet green cement
  • DynaMax performance concrete
  • SmartBlends
  • Internal Curing
  • I-Concrete

Awards & Recognition

  • Prince Michael International Road Safety Award

Reporting Period: 2022

Environmental Metrics

ESG Focus Areas

  • Climate Change

Environmental Achievements

  • Reduced scope 1 and 2 emissions per ton of cementitious material by 25% by 2030 (from a 2018 base year)
  • Reduced gross scope 1 GHG emissions by 22.4% per ton of cementitious material by 2030 (from a 2018 base year)
  • Reduced scope 2 GHG emissions by 65% per ton of cementitious materials by 2030 (from a 2018 base year)
  • Reduced CO2 per ton of clinker and cement purchased from third parties by 25.1% by 2030 (from a 2020 base year)

Climate Goals & Targets

Long-term Goals:
  • Net-zero future
Short-term Goals:
  • Reduce scope 1 and 2 emissions per ton of cementitious material by 25% by 2030
  • Reduce gross scope 1 GHG emissions by 22.4% per ton of cementitious material by 2030
  • Reduce scope 2 GHG emissions by 65% per ton of cementitious materials by 2030
  • Reduce CO2 per ton of clinker and cement purchased from third parties by 25.1% by 2030

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SBTi 1.5°C framework

Sustainable Products & Innovation

  • ECOPact green concrete
  • ECOPlanet green cement

Reporting Period: 2023

Environmental Metrics

Water Consumption:298 liters/ton of cementitious in 2023
Waste Generated:8.4 million tons of CDM recycled in 2023

ESG Focus Areas

  • Climate Change
  • Circular Economy
  • Biodiversity
  • Health and Safety
  • Diversity & Inclusion
  • Governance

Environmental Achievements

  • 20% reduction in CO2 per net sales in 2023
  • 3% reduction in CO2 per ton of cementitious in 2023
  • 8.4 million tons of construction and demolition waste recycled into new building solutions in 2023
  • Upgraded 2030 scope 1+2 targets aligned with SBTi criteria, extended 2050 target to include all 15 categories of Scope 3 emissions

Social Achievements

  • CHF 25 million spent in social development programs
  • First place in Fast Company’s best Workplaces for innovators 2023: Sustainability
  • 21% women in senior management

Governance Achievements

  • Improved Board diversity
  • Enhanced ESG disclosures and reporting (EU taxonomy, Swiss Code of Obligations, TCFD, TNFD)
  • Implementation of Lead Independent Director and Governance Committee

Climate Goals & Targets

Long-term Goals:
  • Net-zero emissions by 2050 across all scopes
Medium-term Goals:
  • Capture +5 million tons of CO2 per year by 2030
  • Reduce CO2 emissions per ton of cement by 25% by 2030
Short-term Goals:
  • Recycle 10 million tons of construction demolition materials by 2025
  • Reach CHF 500 million in green Capex by 2025
  • Achieve 25% share of RMX sales from ECOPact by 2025
  • Achieve 25% women in senior management by 2025

Environmental Challenges

  • Reducing CO2 emissions across all scopes
  • Meeting ambitious sustainability targets
Mitigation Strategies
  • CHF 2 billion investment in carbon capture, utilization and storage projects by 2030
  • 6 CCUS projects in execution
  • Green Capex of CHF 402 million in 2023

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: TCFD, TNFD, SBTi, EU Taxonomy, Swiss Code of Obligations

Sustainable Products & Innovation

  • ECOPact
  • Elevate green roofing solution
  • Tector 3D printing material

Awards & Recognition

  • Energy Transition Changemaker Award
  • Mission Innovation Net Zero Award
  • Circularity Lighthouse Award for ECOCycle technology

Reporting Period: 2024-01 to 2024-06

Environmental Metrics

ESG Focus Areas

  • Climate change
  • Circular economy
  • Decarbonization

Environmental Achievements

  • Reduced CO2 per net sales by 7% since June 2023
  • ECOPact low-carbon concrete accounted for 28% of ready-mix sales (up from 19% at the end of 2023)
  • ECOPlanet low-carbon cement reached 26% (up from 19% at the end of 2023)
  • Broke ground on two large-scale CCUS projects in Germany and Belgium

Social Achievements

  • Acquired ZinCo (green roofing systems) to improve urban well-being
  • Partnership with Greentown Labs to accelerate climate tech for sustainable building
  • Showcased a new prototype of Essential Homes for low-income communities with Holcim's sustainable solutions

Governance Achievements

  • Climate Report 2023 integrated into Annual Report, aligning with Swiss Code of Obligations
  • Climate Report and non-financial report approved by shareholders with 95% and 99% of votes respectively

Climate Goals & Targets

Long-term Goals:
  • Offer 8 million tons of fully decarbonized cement per annum by 2030 through six large-scale CCUS projects
Medium-term Goals:
  • Achieve 25% of ready-mix sales from ECOPact by 2025 (already achieved in H1 2024)
Short-term Goals:
  • Recycle 10 million tons of construction demolition materials in 2024

Environmental Challenges

  • Softer volumes in North America compared to H1 2023
  • Headwinds from political instability in Ecuador and fiscal/monetary reforms in Argentina
  • Net sales decline in Europe
Mitigation Strategies
  • Value-driven commercial approach and strict cost management in North America
  • Strong performance in Mexico in Latin America
  • Commercial excellence, procurement, and cost management in Europe

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: EU Taxonomy, Swiss Code of Obligations

Sustainable Products & Innovation

  • ECOPact
  • ECOPlanet
  • Elevate roofing
  • PRB insulation

Awards & Recognition

  • ECOCycle® named a “Circularity Lighthouse” by McKinsey and the World Economic Forum