14.12.2022 12:40

Holcim globally recognized for climate and water leadership with CDP double “A” scores

  • Double “A” ranking recognizes Holcim’s performance in climate and water security management
  • One of 15 companies in Europe to achieve double A and first company in its sector
  • Third consecutive year on CDP’s “A List”

CDP recognizes Holcim’s sustainability leadership with a double “A” ranking for climate and water management. Holcim is one of 15 companies in Europe and the first in its sector to achieve a double ‘A’ CDP score, out of 15,000 companies scored globally. This third consecutive CDP ‘A’ list ranking for Holcim recognizes its impact in decarbonizing building.

Maxfield Weiss, Executive Director, CDP Europe: “CDP saw nearly 20,000 companies disclose environmental data this year, including 70% of European companies by market value. COP27 showed the need for transformational change is more critical than ever if we are to limit warming to 1.5 °C. I’m therefore delighted that European companies make up nearly half of all A List companies around the world, including 15 with two A scores and 8 with triple A scores for climate change, forests, and water security leadership.”

Jan Jenisch, CEO Holcim: “This double A CDP ranking is a great encouragement for all our teams who are putting sustainability at the core of our strategy every day to decarbonize building at scale. Ranking on CDP’s ‘A’ list for the third year in a row demonstrates the momentum we are achieving on our net zero journey and our focus on preserving nature and water across our operations.”

On its net zero journey, Holcim is driving climate action to decarbonize building in a rigorous and science-driven way. This year Holcim upgraded its 2030 climate targets to be 1.5°C-aligned, as validated by the Science Based Target initiative. Advancing its nature strategy, Holcim is committed to replenishing freshwater in water-risk areas by 2030, with measurable goals including 75% of its sites to be water-positive and 100% of sites to be equipped with water recycling systems.

CDP’s annual environmental disclosure and scoring process is widely recognized as the gold standard of corporate environmental transparency. This year, CDP used its detailed and independent methodology to assess nearly 15,000 companies that responded. CDP allocates a score of A to D- based on the comprehensiveness of disclosure, awareness and management of environmental risks and demonstration of best practices associated with environmental leadership, such as setting ambitious and meaningful targets.

Region: Switzerland
Source: Holcim
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