Join us in Madeira on December 11 and 12 afor the inaugural edition of Sustainability and ESG International Summit focusing on cement and construction. See the top experts speaking at this fresh and insightful event. Contradiction and Evolution of ESG | Tien Peng, Partner, GreenPlum Street LLC More than $35 trillion of assets worldwide are...
Consolidated global net revenue in the quarter was R$7.6 billion, on par with 3Q23, excluding the effects of foreign exchange rate variations. Adjusted EBITDA totaled R$2.2 billion, up 11% over the same period in 2023, excluding foreign exchange rate variations. EBITDA margin in the quarter was 29%, an increase of 3 percentage points compared to...
UltraTech Cement Ltd., India’s leading cement and ready-mix concrete producer, has announced a landmark partnership with the Institute for Carbon Management (ICM) at the University of California, Los Angeles (UCLA). Together, they will pilot ICM’s innovative Zero Carbon Lime (ZeroCAL) technology, designed to nearly eliminate carbon dioxide emissions during the limestone decomposition process in cement...
Sustainability is often linked to reducing GHG emissions and achieving a net-zero industry, but it involves a broader approach that integrates both environmental and social dimensions. As sustainability reporting requirements increase, companies must now disclose a wider range of social topics, including women’s inclusion in the workforce. Recognizing that only what gets measured can be...
The European Union made a significant environmental advancement in 2023, achieving an 8.3% decrease in net greenhouse gas (GHG) emissions, according to a recent report from the European Commission. This decline represents one of the largest non-pandemic-related drops since 1990, highlighting the EU’s continued commitment to combating climate change. Renewable Energy Soars, Powering Nearly 45%...
For the second time, Klöckner & Co SE has received the prestigious German Sustainability Award (DNP), securing the DNP Company Award in the Chemicals and Materials Wholesale sector. Recognized as a “beacon” of transformation by the DNP jury, Klöckner & Co stands out for its pioneering role in driving sustainable practices within the steel and...
Cemex reported third-quarter results today, achieving an EBITDA of US$747 million and Net Sales of US$4.09 billion in a period impacted by adverse weather conditions in all its markets and significant FX movements. Weather impact accounted for a little less than half of the like-to-like EBITDA shortfall in the quarter. Consolidated Net Income grew more...
Carbon capture and storage project in Martres-Tolosane, France, selected for EU Innovation Fund grant Highly scalable project harnesses mature technologies and deep partnerships Holcim now has seven large-scale EU-supported CCUS projects to advance European Green Deal Holcim has been selected for a new grant from the European Union (EU) Innovation Fund for its breakthrough carbon...
Claudene Moorgas, Senior Industry Specialist, Manufacturing, IFC joins Women in Cement and Construction International Congress 2024 (December 10 and 11, Madeira, Portugal, Vidamar Resort) and will present The International Finance Corporation: Unlocking the transformative potential of women in cement and construction. The cement and construction industries have a vital role to play in the economy...
October 11, 2024 – As the final day of CarbonZero 2024 draws to a close, participants from across the cement and construction industries can look back on two days filled with knowledge-sharing, networking, and innovative solutions for a sustainable future. The day began with a keynote from Grant Quasha, Chairman of Eco Material Technologies,...