HeidelbergCement has been recognised with a place on the “Climate Change A-List 2019” as one of the leading companies worldwide for its commitment to climate action.
The list is compiled by international non-profit organisation CDP (formerly Carbon Disclosure Project).
HeidelbergCement was given an improved rating in the area of climate protection from A- in the previous year to the top grade A, which the Germany-base company says means it remains leading in the cement sector. In 2019, around 8,000 companies disclosed data to CDP. In total only 179 companies worldwide were awarded the top grade A, with nine of these in Germany.
German building materials company thyssenkrupp and Japanese quarrying machinery provider Komatsu were also given top grade A in the CDP list.
“We are proud that we could further improve HeidelbergCement’s leading position from previous years and achieve a solid A rating on the CDP climate list,” said Dr. Bernd Scheifele, chairman of the managing board of HeidelbergCement. “After our ambitious CO2 reduction targets were approved by the Science Based Targets initiative (SBTi) in 2019, this prime rating once again demonstrates that HeidelbergCement is on the right track in terms of climate action.
“Cutting our CO2 emissions and handling natural resources considerately are priorities for all our business lines.”
CDP is considered one of the most important sustainability ratings for investors. It assesses performance, transparency and proven management best practices from companies in the fields of climate change and protection of water and forests, allocating scores of A to D-. The goal of the CDP rating is to promote competition in the area of sustainability and encourage companies to set ambitious environmental protection targets.
The companies on the CDP Climate Change A List are considered to be leaders because of their transparent and comprehensive disclosure of climate data, thorough awareness of climate risks, demonstration of strong governance and management of those risks, as well as their demonstration of market-leading best practices.
