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HeidelbergCement AG, commonly referred to as HeidelbergCement, is a leading player in the "Other business services (74)" industry, with its headquarters located in Heidelberg, Germany. Established in 1874, the company has a long-standing history of growth and innovation, expanding its operations across Europe, North America, and emerging markets.
Specialising in construction materials and related services, HeidelbergCement is renowned for its high-quality cement, aggregates, and concrete products, which are integral to infrastructure development worldwide. Its commitment to sustainability and technological advancement has helped it maintain a strong market position, making it one of the most notable companies in its sector.
0 vs industry average
HeidelbergCement’s score of 36 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Business Services is among the least carbon-intensive industries
The Business Services industry has reduced its overall emissions by 25% since 2018
Scope 3 accounts for ••• of total emissions.
HeidelbergCement, headquartered in Germany, reported approximately 61.2 billion kg CO2e in Scope 1 emissions for 2023. Their Scope 2 market-based emissions were about 4.5 billion kg CO2e, and location-based emissions were approximately 4.4 billion kg CO2e. For Scope 3, categories disclosed include purchased goods and services at approximately 7.9 billion kg CO2e and fuel and energy related activities at about 3.7 billion kg CO2e.
Looking back, in 2022, HeidelbergCement's Scope 1 emissions were approximately 65.4 billion kg CO2e, with Scope 2 location-based emissions at about 4.5 billion kg CO2e. Scope 3 emissions for purchased goods and services were around 9.7 billion kg CO2e, and fuel and energy related activities were about 3.4 billion kg CO2e.
HeidelbergCement has set several climate commitments. They aim to reduce their Scope 2 carbon emissions from electrical power consumption by 65% by 2030, compared to a 2016 baseline. For Scope 1 emissions, they plan to reduce them from their cement production operations to reach 400 kg per tonne of cementitious material by 2030. Furthermore, HeidelbergCement is working towards offering CO2-neutral concrete by 2050 at the latest, which impacts both Scope 1 and Scope 2 emissions.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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