Eric Olsen elected Chairman of the Cement Sustainability Initiative for 2017

Eric Olsen, CEO of LafargeHolcim, will become the new Chairman of the Cement Sustainability Initiative (CSI) in 2017, as confirmed yesterday by the organization’s annual CEO Meeting in Madrid.

LafargeHolcim is one of the founding members of the CSI which is part of the World Business Council for Sustainable Development (WBCSD) and was launched in 1999 with the aim of supporting the progress of the global cement sector toward sustainable development. The CSI unites 23 major cement producers with operations in more than 100 countries. Collectively these companies account for around 30 percent of the world’s cement production and range in size from very large multinationals to small local producers.

“It is an honor for me to be chairing this important industry organization in the coming year. Sustainability in the construction sector is not the preserve of one organization. I will focus on ensuring that the CSI continues to play an important role in building collaboration within our industry and encouraging joint action across the entire value chain. As one of the largest global sustainability programs ever undertaken by a single industry sector, we have a real opportunity to drive change. Our plans are ambitious and we are conscious that we will only achieve them by working together”, said Eric Olsen.

In 2017, the members of the CSI agreed to concentrate their efforts on most material topics, among others: health and safety; actions to further reduce CO 2 emissions; increasing awareness of concrete as a sustainable building material; the launch of a responsible sourcing scheme for concrete; and the development of common metrics to measure social performance.

About LafargeHolcim
With a well-balanced presence in 90 countries and a focus on cement, aggregates and concrete, LafargeHolcim (SIX Swiss Exchange, Euronext Paris: LHN) is the world leader in the building materials industry. The Group has 100,000 employees around the world and combined net sales of CHF 29.5 billion in 2015. LafargeHolcim is the industry benchmark in R&D and serves from the individual homebuilder to the largest and most complex project with the widest range of value-adding products, innovative services and comprehensive building solutions. With a commitment to drive sustainable solutions for better building and infrastructure and to contribute to a higher quality of life, the Group is best positioned to meet the challenges of increasing urbanization.

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