Holcim obtains A1+ Sustainability Rating from V.E, part of Moody’s ESG Solutions
● Holcim obtains highest possible Sustainability Rating on V.E’s scale
● Holcim ranks within top 2 of companies in V.E’s global ESG assessment universe
Holcim obtained an A1 Sustainability Rating from V.E, part of Moody’s ESG Solutions, with an overall ESG score of 65 out of 100. This leading Sustainability Rating ranks Holcim among the top 2 of companies in V.E’s global ESG assessment universe and first out of 25 companies in the European building materials sector.
In its opinion on Holcim’s sustainability, V.E noted that the company’s A1 Sustainability Rating is driven by its new sustainability commitments and improved reporting and communication. Holcim now also displays advanced willingness and capacity to integrate ESG factors into its strategy, operations and risk management, according to V.E.
Géraldine Picaud, Chief Financial Officer at Holcim, said: “We are delighted to be ranked amongst the top 2 of companies assessed by V.E. This is testament to our commitment to sustainability from both an environmental and social perspective. ESG metrics are at the core of our performance management and growth strategy. I am particularly pleased with the recognition of our quantified targets and comprehensive commitments.”
Magali Anderson, Chief Sustainability and Innovation Officer at Holcim, added: “This top Sustainability Rating recognizes the progress we have made since our net zero pledge, setting ourselves the most ambitious 2030 climate targets in our industry. It is also a great recognition for the outstanding work of our teams around the world and encourages us to keep on raising the bar to accelerate the transition to sustainable building.”
Moody’s affiliate V.E is a global leader in ESG assessments, data, research, benchmarks and analytics. Sustainability Ratings provide a holistic view of an organization’s exposure to ESG-related risks and opportunities from both a financial and stakeholder impact perspective.
V.E’s Sustainability Rating on Holcim is available here
For more information on Sustainability Ratings from Moody’s ESG Solutions, please click here
About Holcim
Holcim builds progress for people and the planet. As a global leader in innovative and sustainable building solutions, Holcim is enabling greener cities, smarter infrastructure and improving living standards around the world. With sustainability at the core of its strategy Holcim is becoming a net zero company, with its people and communities at the heart of its success. The company is driving the circular economy as a world leader in recycling to build more with less. Holcim is the company behind some of the world’s most trusted brands in the building sector including ACC, Aggregate Industries, Ambuja Cement, Disensa, Firestone Building Products, Geocycle, Holcim and Lafarge. Holcim is 70,000 people around the world who are passionate about building progress for people and the planet through four business segments: Cement, Ready-Mix Concrete, Aggregates and Solutions & Products.
More information is available on www.holcim.com
Important disclaimer – forward-looking statements:
This document contains forward-looking statements. Such forward-looking statements do not constitute forecasts regarding results or any other performance indicator, but rather trends or targets, as the case may be, including with respect to plans, initiatives, events, products, solutions and services, their development and potential. Although Holcim believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions as at the time of publishing this document, investors are cautioned that these statements are not guarantees of future performance. Actual results may differ materially from the forward-looking statements as a result of a number of risks and uncertainties, many of which are difficult to predict and generally beyond the control of Holcim, including but not limited to the risks described in the Holcim's annual report available on its website (www.holcim.com) and uncertainties related to the market conditions and the implementation of our plans. Accordingly, we caution you against relying on forward-looking statements. Holcim does not undertake to provide updates of these forward-looking statements.
