LafargeHolcim World’s First Building Materials Supplier to Commit to Net Zero Pledge
Reflecting its commitment to taking concrete action on climate change, LafargeHolcim, the parent company behind Aggregate Industries, has become the world’s first building materials supplier to commit to hitting net zero emissions by 2050. The significant announcement sees LafargeHolcim become the first company of its kind to join the Science Based Targets initiative (SBTi) – a scheme that determines how much and how quickly firms must reduce their greenhouse gas emissions. Under SBTi’s ‘Business Ambition for 1.5°C’, an urgent target set by UN agencies, business and industry leaders, LafargeHolcim has committed to speeding up the reduction in CO2 intensity per tonne of cementitious materials by 2030. Setting an ambitious standard for green construction, to achieve this, LafargeHolcim, which operates in over 90 countries, is working with SBTi to develop a roadmap for helping the global cement sector hit the 1.5°C target – the temperature at which we can avoid irreversible damage due to climate change. This includes spearheading a number of initiatives that will be rolled out across its UK business Aggregate Industries such as recycling 100 million tons of waste and byproducts for energy and raw materials and accelerate the use of low-carbon and carbon-neutral products. The announcement comes as last year the UK became the first major economy in the world to pass laws to become Net Zero by 20501.
Tags : INTERNATIONAL