ESG
As a world leader in innovative and sustainable building solutions, Holcim puts ESG at the heart of our “Strategy 2025 – Accelerating Green Growth”.
We understand the importance of living up to our responsibilities. That’s why we partner with some of the foremost industry leaders to guide our business activities with an ESG focus.
our contribution to the UN SUSTAINABLE DEVELOPMENT GOALS
As partners of the UN Global Compact, we are active across all 17 SDGs. We have identified the nine goals that are most closely linked with our business, and we focus our efforts into making a bigger impact in these areas.
Our commitments, memberships and recognitions
Commitments
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| Holcim became the first global building materials company to sign the Business Ambition for 1.5° C pledge with near-term 2030 SBTi validated targets. |
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| Holcim was selected by the Science Based Targets Network (SBTN) to pilot the world's first science based targets for nature. We are among the first 17 companies and the only one in our sector. This global initiative aims to set the world’s first standards for ambitious and measurable corporate action for nature. |
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| In February 2020, Holcim CEO Jan Jenisch signed the Call to Action for Business Leadership on Human Rights by the World Business Council for Sustainable Development (WBCSD), joining forty other leaders in sending a clear message on the need to elevate companies’ ambitions concerning human rights. Together our vision is to make human rights more than just a risk and compliance issue for companies – they should be actively promoted as part of a commitment to social responsibility. |
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| The Holcim 2021 Action Pledge on eliminating child labor and strengthening children’s rights builds on our existing commitment to respect human and children’s rights. Respect for human and children’s rights is fundamental to our ability to do business across our approximately 1,900 sites in 60 countries. |
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| Holcim is a signatory of the WASH Pledge, an initiative led by WBCSD and WASH4Work. The WASH Pledge ensures that we provide best practices on WASH (access to water, sanitation and hygiene) within our operations. We commit to taking action on WASH across our value chain, including among our suppliers, as well as in the communities that surround our workplaces and/or where our employees live. |
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| Holcim joined the Corporate Advisory Board of the World Green Building Council (WGBC). The WGBC is a global action network that aims to transform the building and construction sector across three strategic areas—climate action, health & wellbeing, and resources & circularity. |
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| In 2020, Holcim CEO Jan Jenisch signed the Call to Action of Business for Nature, which brings together influential organizations and forward-thinking businesses seeking to reverse nature loss. By signing the call we aim to positively influence policymakers who are currently discussing international agreements on nature and climate change. |
Memberships and involvement
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| In 2023, Holcim became a founding member of the Sustainable Markets Initiative’s (SMI) Circularity Task Force, launched at COP28 in Dubai, to accelerate our world’s shift to a circular economy. |
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| In 2023, Holcim entered a three-year global strategic partnership with the International Union for the Conservation of Nature (IUCN). |
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| Holcim strives to implement the UNGC’s 10 principles to advance responsible corporate citizenship. |
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| Holcim Chairman Jan Jenisch is on the Executive Committee of the World Business Council for Sustainable Development (WBCSD). |
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| Holcim is co-chairing the Global Cement & Concrete Association (GCCA)’s “Vision 2050” workgroup and associated climate policy. |
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| In 2020, Holcim joined the Leadership Group for Industry Transition, which gathers countries and companies committed to achieving the Paris Agreement. |
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| As a WEF member, Holcim contributes to initiatives such as the First Movers Coalition and the CEO Climate Leaders Coalition. |
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| Holcim supports Concrete Action for Climate, an MPP workstream, in coordinating climate action in the cement industry. |
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| Holcim has been a supporter of the TCFD since July 2017 and of the ISSB as a corporate champion since 2024. The ISSB published voluntary climate-related financial risk disclosures based on the TCFD recommendations for use by companies in providing information to investors, lenders, insurers and other stakeholders. |
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| Since 2015, we have supported the GABC in promoting a zero-emissions, energy-efficient and resilient construction sector. |
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| As a Steering Committee member, Holcim supports the CPLC’s efforts to promote effective carbon pricing systems and policies. |
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| Holcim is a signatory of the We Mean Business Coalition, a global non-profit aimed at accelerating the transition to a zero-carbon economy. |
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| Holcim is a founding member of Value Balancing Alliance (VBA), which is developing a standardized model to measure companies’ environmental, human, social and financial value. |
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| Holcim is a founding member and co-chair of the CSC, which aims to develop a global responsible sourcing certification system. |
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| As a member of the Sea Cargo Charter, we are advancing sustainable shipping while lowering indirect emissions from fuels and transportation. |
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| Holcim has endorsed the CEO Water Mandate, a UN Global Compact initiative, as part of its water stewardship commitment and joined the Water Resilience Coalition, a CEO-led initiative launched in 2020 as part of the UN Global Compact CEO Water Mandate. |
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| Holcim joined the CFO Taskforce launched by the UN Global Compact to accelerate its impact across the 17 SDGs. |
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| Holcim is the first construction materials company to join the ECO Platform, a global lifecycle assessment harmonization body promoting sustainable development. |
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| During the New York Climate Week, the Taskforce on Nature-related Financial Disclosures (TNFD) announced its final recommendations for nature-related risk management and disclosures. We welcome this as an early adopter. We were one of the 17 corporate members of TNFD and the only company in our industry to contribute to the development of the framework. |
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| Holcim joined the 50L Home Coalition, a non-for-profit collaborative platform tackling water scarcity globally, as Board member. |
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| The Smart Freight Centre is a global non-profit organization dedicated to fostering efficient, sustainable, and zero-emission freight transportation. By collaborating with businesses, governments, and industry stakeholders, they develop and promote best practices, facilitate knowledge sharing, and drive innovative solutions to accelerate the transition towards greener, smarter freight systems. |
Recognitions
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| Holcim received two awards at COP28 in Dubai for its Carbon2Business project in Lägerdorf, Germany, in recognition of the scalability and breakthrough innovation of its carbon capture technologies. Holcim was named "Energy Transition Changemaker" by the COP28 Presidency and its Carbon2Business project was selected as Germany's "outstanding project." |
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| Holcim’s ECOCycle® circular technology was named a “Circularity Lighthouse in the Built Environment”, in a joint initiative between McKinsey & Company and the World Economic Forum announced at the 2023 annual meeting in Davos. |
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| In 2023, Holcim won the Circular Transition award at the 14th Responsible Business Awards hosted by Reuters Events. The awards recognize strategies and organizations challenging the status quo of business and transforming the world around them for a more purpose-driven, sustainable future for all. |
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| Holcim is the first in its sector with 2030 and 2050 net-zero targets cutting across operations and value chain validated by the Science-Based Targets initiative (SBTi) in line with its sector’s 1.5°C science-based framework. |
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| In 2023, Holcim received an ESG Risk Rating of 26.3 and was assessed by Sustainalytics to be at medium risk of experiencing material financial impacts from ESG factors. |
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| In their 2023 assessment, Carbon Disclosure Project (CDP) In their 2023 assessment, Carbon Disclosure Project (CDP) gave Holcim an ‘A-’ score in both climate change and water security, which is in the Leadership band. Our scores on climate change and water security are higher than the cement & concrete sector average of B. Holcim was also recognized as a Supplier Engagement Leader in 2023 with an A score, raising the level of climate ambition across our value chain. |
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| Holcim received a C+ rating in the ISS ESG Corporate Rating, which awards us "Prime" status. Our performance score places Holcim within the top 10% of companies within our industry. |
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| Holcim received a Morgan Stanley Capital International (MSCI) “AA” rating based on exposure and management of industry-specific ESG risks. |
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| After an independent assessment, Holcim was found to satisfy the requirements of the FTSE4Good Index Series created by FTSE Russell. |
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| Holcim’s net-zero pledge was named the edie “Net-Zero Carbon Strategy of the Year” in 2021. |
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| In 2023, the Corporate Human Rights Benchmark ranked Holcim highest in the building materials sector. |
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| In 2021, FastCompany named Holcim a top-3 company in innovative urban development for creating climate-friendly, affordable building materials. |
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| ESG ratings agency Moody's ESG Solutions gave Holcim its highest sustainability rating of A1+ in 2022, making it number one in its sector. This also places Holcim within the top 1% of companies ranked worldwide. |
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| Holcim won a 2022 SEAL Business Sustainability Award, ranking it among the world’s 50 most sustainable businesses. |
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| For two consecutive years, Holcim made it onto Financial Times’ “Europe’s Climate Leaders” list. It comprises 500 companies across Europe that achieved the greatest reduction in their core emissions intensity between 2016 and 2021. |