Holcim

Holcim reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 126,000 Kt (+9,000/+7.7% y-o-y). At the sime time, carbon intensity tumbled to 4,279 t (-366 /-7.9% y-o-y).

Holcim's Scope 3 emissions grew to 30,000 Kt (+1,000/+3.4% y-o-y). The growth rate declined vs. the previous periods (CAGR +16% since 4Q'19).

The company has not set a company-wide target for an absolute reduction in GHG emissions yet.

Holcim also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Holcim commits to reach net-zero greenhouse gas emissions across the value chain by 2050. Near-Term Targets: Holcim commits to reduce gross scope 1 and 2 GHG emissions 25% per ton of cementitious materials by 2030 from a 2018 base year.* Within this target, Holcim commits to reduce gross scope 1 GHG emissions 22.4% per ton of cementitious material and scope 2 GHG emissions 65% per ton of cementitious materials within the same timeframe.* Holcim commits to reduce gross scope 3 GHG emissions from purchased goods and services 25.1% per ton of purchased clinker and cement by 2030 from a 2020 base year. Holcim also commits to reduce scope 3 GHG emissions from fuel and energy related activities 20% per ton of purchased fuels by 2030 from a 2020 base year. Furthermore, Holcim commits to reduce scope 3 GHG emissions from upstream and downstream transport and distribution 24.3% per ton of materials transported within the same timeframe. *The target boundary includes land related emissions and removals from bioenergy feedstocks. Long-Term Targets: Holcim commits to reduce scope 1 and scope 2 GHG emissions 95% per ton of cementitious materials by 2050 from a 2018 base year.* Holcim also commits to reduce absolute scope 3 GHG emissions 90% by 2050 from a 2020 base year.** *The target boundary includes land related emissions and removals from bioenergy feedstocks. **This net-zero validation was evaluated within the parameters of the BA1.5C campaign.