Holcim published its second climate report, which includes its upgraded 2030 climate targets aligned with the 1.5°C framework and validated by the Science Based Targets initiative (SBTi).
Holcim aims to reach 420 kg CO2 per ton of cementitious materials by 2030. Making progress in carbon capture utilization and storage (CCUS), the company commits to invest in mature technologies to capture more than 5 million tons of CO2 per year.
“Holcim is accelerating its climate action with upgraded net zero targets and a clear commitment to invest CHF 2 billion in CCUS technologies by 2030. We are committed to scaling up low-carbon and circular construction while making buildings more sustainable in use to build cities that work for people and the planet,” said Holcim CEO Jan Jenisch.
Delivering against all its levers, Holcim is deploying decarbonized materials in its product formulation, adopting more alternative and renewable energy, and scaling up its low-carbon building solutions, from ECOPact to ECOPlanet. Driving circular construction across its business, Holcim recycled 6.8 million tons of construction and demolition waste into new building solutions, on track to exceed the 2025 target of 10 million tons.
Continuing the momentum on its net zero journey, Holcim increased its green investments by 15% in 2022, reaching CHF 403 million. With its successful transformation, Holcim reduced its CO2 per net sales by 21% in 2022 and commits to reduce by over 10% in 2023.