Sustainability at the core of our funding strategy
Recognizing the role of sustainable finance in supporting the transition to a low-carbon and more resource efficient economy, Holcim has put in place a sustainability-linked financing framework to link funding activities with its sustainability objectives.
The framework is aligned with the sustainability-linked bond principles, which are published by the International Capital Markets Association (ICMA) as well as with the United Nations Sustainable Development Goals (“SDGs”) number 6 “Clean Water and Sanitation”, 9 “Industry, Innovation and Infrastructure”, 11 “Sustainable Cities and Communities” and 13 “Climate Action”.
Holcim intends to pursue its journey with sustainability-linked finance instruments in the capital, money and loan markets, putting core sustainability indicators such as climate, water and safety at the heart of its financing strategy. To make a bigger impact, the company is committed to reaching more than 40% of sustainable financing by the end of 2025. At the end of 2021, the sustainable financing ratio stands at 30%.
In addition, Holcim is honoured to have joined the CFO Taskforce launched by the UN Global Compact to accelerate corporate finance actions and investments toward the realization of the SDGs.