Capturing and burying CO2 is heralded as the technological fix to mitigate climate change. But many oil and gas majors are using the technology to produce more fossil fuels.
LafargeHolcim accelerated its sustainability in 2020 01 March 2021
LafargeHolcim accelerated its climate action this year with the launch of its net-zero pledge, as a signatory of the Business Ambition for 1.5°C . The company set the most ambitious climate targets of its industry, validated by the Science-Based Targets initiative (SBTi) to reach net-carbon emissions of 475kg net of CO
2 per tonne of cementitious materials by 2030. Making progress on its net-zero journey, LafargeHolcim delivered a record-low level of 555kg net CO
2/t in 2020.
In addition, LafargeHolcim is partnering with SBTi to set the first net-zero cement roadmap in its industry. At the forefront of sustainable building solutions, the company rolled out its green concrete ECOPact globally, now in 14 countries, offering concrete with lower CO
Cemex makes key EMEAA investments at the start of 2021 23 February 2021
Cemex has started 2021 by investing for growth and its climate action strategy in Europe, Middle East and Africa (EMEAA). It has made seven bolt-on investments that are aligned to its key priorities of climate action, sustainable construction and EBITDA growth, representing advances in fossil fuel reduction, lower-CO
2 products, circular economy, recycling and products that demonstrate life cycle CO
2 and energy consumption advantages for buildings.
The investments include a new, lower-carbon alternative fuel system in the Czech Republic, circular economy and recycling improvements in France and the UK, lower-CO
2 cement in Croatia, efficiency upgrades to sites in the UK and Spain, and lightweight concrete capability in Spain.