LafargeHolcim, has committed to becoming the first global building materials company to have targets approved by the Science Based Targets initiative (SBTi).
It has joined the SBTi’s Business Ambition for 1.5°C, committing to science-based targets aligned to the highest ambition of the Paris Agreement, with a long-term trajectory of reaching net-zero emissions by 2050 at the latest.
Intermediate targets have been set for 2030 to reduce scope 1 and 2 emissions by 21% per tonne of cementitious materials against a 2018 baseline. This target will see scope 1 emissions reduced by 17.5% and scope 2 emissions by 65% in the same timeframe. LafargeHolcim will also reduce its transportation and fuel-related emissions by 20%. All of these targets have been approved by the SBTi.
The world’s largest cement manufacturer is also targeting new CO2 intensity targets, now aiming to deliver 475kg of net CO2 per tonne of cementitious material.
“I believe in building a world that works for people and the planet. That’s why we are reinventing how the world builds today to make it greener with low-carbon and circular solutions,” the company’s chief executive Jan Jenisch said.
“I am very excited to be working with SBTi, taking a rigorous science-based approach to shape our net-zero roadmap and accelerating our efforts to substantially lower our CO2 footprint. I will not stop pushing the boundaries to lead the way in green construction.”
LafargeHolcim is also a current member of the Race to Zero campaign, you can find more information on their climate actions here.
Find out how to join the Race to Zero here.