HeidelbergCement maintains global climate leadership with 3rd CDP 'A' rating in a row
HeidelbergCement has received the top score A in the renowned ranking by the global environmental non-profit organisation CDP for the third time in a row.
The company was recognised for its actions to cut emissions, mitigate climate risks and develop the low-carbon economy.
HeidelbergCement is globally in the top 2% or one of only 272 companies to make the CDP A-List, out of nearly 12,000 companies that were scored.
For the third year in a row, HeidelbergCement has received the top score A in the renowned ranking by the global environmental non-profit organisation CDP and remains a leader in the cement sector. HeidelbergCement was recognised for its actions to cut emissions, mitigate climate risks and develop the low-carbon economy. In the “Water security” category, HeidelbergCement received a rating of A-.
Dr. Dominik von Achten, Charmain of the Managing Board at HeidelbergCement, said: “This important, continued recognition by the renowned CDP underlines our global climate leadership. Implementing our carbon reduction roadmaps worldwide and heading the way globally with our ambitious CCU/S (carbon capture, utilisation and storage) plans are at the centre of our climate strategy.”
Dr. Nicola Kimm, Chief Sustainability Officer and Managing Board member of HeidelbergCement, added: “The third consecutive CDP A rating proves HeidelbergCement’s commitment and dedication as we work at all levels to significantly reduce our emissions. In addition to our initiatives to reduce our carbon footprint, we are improving our water management systems to reduce consumption, especially where water is scarce.”
HeidelbergCement is one of 272 best-performing companies, out of nearly 12,000 that were scored overall. The companies included in the CDP A-list are considered to be leading on corporate environmental ambitions, actions and transparency worldwide. As part of its efforts to tackle climate change, HeidelbergCement has embedded CO₂ reduction targets in its remuneration systems. The company also recently signed the UN-backed Business Ambition for 1.5° Commitment aimed at reducing emissions with transparent action plans and robust targets. Furthermore, HeidelbergCement announced plans to save up to 10 million tonnes of CO₂ by 2030 with several CCU/S projects already underway.
CDP’s detailed methodology allocates a score of A to D- to participating companies, 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.
The full list of companies that made this year’s CDP A List, along with other publicly available company scores, is available via www.cdp.net/en/companies/companies-scores.
About CDP
CDP is a global non-profit organisation that runs the world’s environmental disclosure system for companies, cities, states and regions. Over 13,000 companies around the world disclosed environmental data through CDP in 2021. CDP is a founding member of the Science Based Targets initiative, We Mean Business Coalition, The Investor Agenda and the Net Zero Asset Managers initiative. More information: www.cdp.net
About HeidelbergCement
HeidelbergCement is one of the world’s largest integrated manufacturers of building materials and solutions, with leading market positions in aggregates, cement, and ready-mixed concrete. Around 53,000 employees at more than 3,000 locations in over 50 countries deliver long-term financial performance through operational excellence and openness for change. At the center of actions lies the responsibility for the environment. As forerunner on the path to carbon neutrality, HeidelbergCement crafts material solutions for the future.
