HeidelbergCement signs “Business Ambition for 1.5°C” and joins “Race To Zero” campaign of the UN
Today, HeidelbergCement signed the Business Ambition for 1.5°C Commitment, a global initiative aimed at limiting global warming to 1.5°C and achieving net zero carbon emissions by 2050 at the latest
With this signature, the company also joins the UNFCC “Race to Zero” campaign in the run-up to the 26th UN Climate Change Conference of the Parties (COP26), underlining HeidelbergCement’s continuous leadership to drive the sector’s decarbonisation efforts
HeidelbergCement will work even more closely together with the Science Based Targets initiative (SBTi) and global partners to further substantiate the path leading to decarbonisation by 2050 with detailed, scientifically validated targets and measures
Today, HeidelbergCement has signed the Business Ambition for 1.5°C Commitment, a global initiative led by the SBTi in partnership with the UN Global Compact and the “We Mean Business” coalition, aimed at limiting global warming to 1.5°C and achieving net zero carbon emissions by 2050 at the latest. With this signature, HeidelbergCement joins the global Race To Zero campaign, which aims to build positive momentum for the transition to a decarbonised economy ahead of the 26th UN Climate Change Conference of the Parties in November 2021.
“As one of the world's leading building materials producers, we are continuously increasing our efforts in the global fight against climate change,” says Dr. Dominik von Achten, Chairman of the Managing Board of HeidelbergCement. “We are working on all levels to reach climate neutrality – within our operations as well as through associations and initiatives such as the Race To Zero campaign. Every effort brings us closer to our goal.”
To substantiate the path to 2050 with concrete, scientifically validated targets and measures, HeidelbergCement will intensify its collaboration with the Science Based Targets initiative and global partners. The company has already committed itself to lower its Scope 1 emissions to below 500 kg of CO₂ per tonne of cementitious material by 2030, a reduction of 33% compared to 1990. HeidelbergCement’s scope 2 emissions are to be reduced by 65% by 2030 compared to 2016. To also significantly reduce the supply and transport-related scope 3 emissions, HeidelbergCement collaborates with partners along the entire value chain. The company aims to be carbon neutral by 2050 at the latest.
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.