● 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
As the world’s global leader in building solutions, Holcim is reinventing how the world builds to make it greener and smarter for all. On its way to becoming a net zero company, Holcim offers global solutions such as ECOPact, enabling carbon-neutral construction and Firestone roofing systems for higher energy-efficiency in buildings. With its circular business model, the company is a global leader in recycling waste as a source of energy and raw materials through products like Susteno, its leading circular cement. Innovation and digitalization are at the core of the company’s strategy, with more than half of its R&D projects dedicated to greener solutions. Holcim’s 70,000 employees are committed to improving quality of life across more than 70 markets through its four business segments: Cement, Ready-Mix Concrete, Aggregates and Solutions & Products.
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 Holcim's annual report available on its website 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.