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...