Holcim has invested in CO2 mineralisation technology developer Neustark. Neustark aims to remove 1Mt of atmospheric CO2 by 2030 and sequester it in recycled construction and demolition waste. The company’s technology achieved Gold Standard certification as a method of CO2 removal in March 2022. Holcim says that its investment advances its group commitment to putting clean technologies to
Lafarge Egypt has confirmed that it is aiming to reduce its CO2 emissions in excess of 20% by 2030. Its key steps to achieve this include increasing its use of alternative fuels and lowering its clinker factor, according to the Daily News Egypt newspaper. Chief executive officer Jimmy Khan added that the company is also working
Cemex Mexico subsitituted 36% of it cement fuel with alternative fuel (AF) in 2022. This exceeds the Mexican cement industry’s target for 2030, of 32%. Mexico Business News has reported that the producer used 1.05Mt of AF across its operations. This reduced its CO2 emissions by 1.8Mt, and prevented 850,000t of methane emissions from being generated
Cemex has updated its sustainability-linked financing framework in line with its latest emissions reduction targets of 475kg/t of CO2 per tonne of cementitious material. Under the new framework, Cemex will issue up to US$350m-worth of sustainability-linked bonds on the Mexican Stock Exchange. The group plans to use the funds to refinance debt, as well as for
James Hardie has published its Sustainability Report 2023, recording its progress towards achieving its sustainability goals up to the end of the 2023 financial year on 31 March 2023. The producer’s Scope 1 and 2 CO2 emissions dropped by 26% compared to 2019 levels, against a new target of a 42% drop by 2030. Environmental product
The Ministry of Climate Change, Energy, the Environment and Water is holding a consultation over the possible implementation of a Cross-Border Adjustment Mechanism to penalise imported cement for its CO2 emissions in line with the Australian cement industry’s emissions reduction goals. The Guardian Australia newspaper has reported that the government expects to publish its report on
The Global Cement and Concrete Association (GCCA) and Leadership Group for Industry Transition (LeadIT) launched the Green Cement Technology Tracker on 20 July 2023. The Green Cement Technology Tracker presents users with a real-time overview of active initiatives to reduce CO2 emissions in the global cement industry. At present, the tracker covers carbon capture projects, which
UNACEM Peru said that it reduced its CO2 emissions per tonne of cement by 2.7% year-on-year during 2022. Throughout the year, the company reduced its electricity consumption by 3.4%. It sourced 90% of its electricity from renewable sources and met 70% of its fuel needs with natural gas. UNACEM Peru is committed to reaching carbon neutral
Mineral Products Association Lime (MPA Lime), the body representing the UK lime sector, has launched the Net Negative 2040 Road map. The association said that the road map sets out the strategy for its to ‘go beyond net zero’ by 2040. The industry will rely on the deployment of fuel switching, carbon capture, renewable energy
The UN Secretary General, António Guterres, addressed a meeting of the Global Cement and Concrete Association (GCCA) in Zürich, Switzerland, on 13 June 2023. Guterres reiterated the role of cement as ‘fundamental to building a better world.’ He called on GCCA members to realise the association’s 2050 Net Zero Roadmap in order to limit the
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