CEMEX’s update to its Green Financing Framework aligns it with its more ambitious decarbonization goals announced in 2022. Through this update, CEMEX will strengthen financing avenues for innovative technology needed to reach carbon neutrality. CEMEX announced that it has updated its Green Financing Framework to align it with its more ambitious decarbonization goals. The update...
CarbonZero Global Conference and Exhibition 2023 will be held at InterContinental Lyon – Hotel Dieu. This exquisite and chic hotel, located at the heart of the Peninsula of Lyon, a UNESCO World Heritage Site since 1999 is the winner of France’s Leading hotel for 2 years in a row and the Best Hotel for Business...
CEMEX announced that it has signed an agreement with green fuels producer ETFuels, to transform CO2 from CEMEX’s Alicante cement plant in Spain into green fuels. This carbon utilization project, groundbreaking in its scope and potential contribution to European energy security, demonstrates significant progress in testing and scaling technologies that are designed to contribute to accelerating...
“We closed 2022 with a very good result thanks to a great finish in the fourth quarter,” says Dr. Dominik von Achten, CEO of Heidelberg Materials. “As part of our Customer Excellence Programme, we were able to more than offset the sharp rise in energy costs in the fourth quarter for the first time during...
Reaching net zero by 2050 requires finding innovative ways to reduce emissions and decarbonize some of the most polluting sectors and industries. Clean hydrogen can be crucial in minimizing climate change impacts, helping decarbonize hard-to-abate sectors that rely on fossil fuels—such as heavy industry, shipping, and air transport—while contributing to food security, economic growth, and...
Votorantim Cimentos, a building materials and sustainable solutions company, has revised its decarbonization targets to 475 kg of CO2 per tonne of cement by 2030. Votorantim Cimentos’ new global target is 8.7% lower than the target of 520 kg of CO2 per tonne of cement, previously announced as part of its 2030 Sustainability Commitments. The new scope...
CEMEX commits to reach net-zero CO2 emissions1 across the value chain by 2050 from a 2020 base year. CEMEX is among the first companies in the cement industry to validate its full net-zero CO2 roadmap with the SBTi. Validation includes alignment of CEMEX’s 2030 targets with the SBTi’s 1.5ºC scenario, the most ambitious available to the industry. ...
Over 13 million tons of carbon dioxide reach the atmosphere every year due to cement production in Romania, a country that produces around 15 million tons of cement annually, the aggregate figure at the level of the biggest players in the Romanian market. For every kilogram of cement produced, 0.9 kilograms of carbon dioxide are...
According to Eurostat estimates, CO2 emissions grew in 2021 in almost all EU Member States, with the largest increase in Bulgaria (+18.0%), followed by Estonia (+13.1%), Slovakia (+11.4%) and Italy (+10.6 %). The only two countries with an estimated decrease in CO2 emissions are Portugal (-5.5%) and Finland (-1.5%). These results were also confirmed by the International Energy Agency...
● EU Investments in Holcim Carbon Capture Utilization and Storage projects in Germany and Poland ● Grants based on highly scalable technologies at the forefront of Europe’s decarbonization ● Accelerating Holcim’s net-zero roadmap with 2030 and 2050 targets validated by the Science Based Targets initiative Holcim has secured two investments from the European Union (EU)...