Cementos Molins Sustainability Profile
Cementos Molins, a prominent player in the construction materials industry, is headquartered in Spain and operates extensively across Europe, Latin America, and North Africa. Founded in 1928, the company has established a strong reputation for its innovative approach to cement production and distribution, marking significant milestones in sustainability and technology. Specialising in the manufacture of cement, concrete, and other construction materials, Cementos Molins is recognised for its commitment to quality and environmental responsibility. Their core products, including various types of cement and ready-mix concrete, are designed to meet diverse construction needs while minimising ecological impact. With a robust market position, Cementos Molins has achieved notable recognition for its sustainable practices and technological advancements, solidifying its status as a leader in the industry.
DitchCarbon Score
How does Cementos Molins's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Cement Production industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Cementos Molins's score of 32 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cementos Molins's reported carbon emissions
In 2024, Cementos Molins reported total carbon emissions of approximately 7,283,888,000 kg CO2e. This figure includes 3,504,176,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 169,401,000 kg CO2e from Scope 2 emissions, related to the generation of purchased electricity. Notably, Scope 3 emissions accounted for about 3,628,911,000 kg CO2e, encompassing indirect emissions from the value chain, including purchased goods and services (292,730,000 kg CO2e) and upstream transportation and distribution (154,387,000 kg CO2e). In 2023, the company reported Scope 1 emissions of approximately 4,074,074,000 kg CO2e and Scope 2 emissions of about 195,435,000 kg CO2e, indicating a significant increase in total emissions in 2024 compared to the previous year. Cementos Molins has committed to near-term climate targets, as indicated by their status with the Science Based Targets initiative (SBTi), where they are classified as "Committed." However, specific reduction targets have not been disclosed. The company operates within the construction materials sector and is headquartered in Spain, reflecting its commitment to addressing climate change within its operational framework. Overall, Cementos Molins is actively engaging in climate commitments, although further details on specific reduction initiatives and long-term targets remain unspecified.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 11,029,759,000 | 000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 610,773,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | 0,000,000,000 |
How Carbon Intensive is Cementos Molins's Industry?
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Cementos Molins's Scope 3 Categories Breakdown
Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 50% of total emissions under the GHG Protocol, with "Fuel and Energy Related Activities" being the largest emissions source at 9% of Scope 3 emissions.
Top Scope 3 Categories
Cementos Molins's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Cementos Molins has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Cementos Molins's sustainability data and climate commitments