Holcim

Holcim's total carbon emissions were approximately 117 billion kg CO2e in 2024, down from approximately 124 billion kg CO2e in 2023 and 125 billion kg CO2e in 2022. Scope 1 emissions accounted for the largest portion, with approximately 71 billion kg CO2e in 2024, followed by Scope 3 emissions at approximately 42 billion kg CO2e and Scope 2 emissions at approximately 4 billion kg CO2e.

The company has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by 2050. Key near-term targets include reducing gross Scope 1 and 2 GHG emissions by approximately 26.2% per ton of cementitious materials by 2030, from a 2018 baseline. Specific targets include reducing Scope 1 emissions by approximately 22.4% and Scope 2 emissions by approximately 65% per ton of cementitious materials by 2030. For Scope 3 emissions, Holcim aims to reduce emissions from purchased goods and services by approximately 25.1% per ton of purchased clinker and cement by 2030, from a 2020 base year. Furthermore, Scope 3 emissions from fuel and energy-related activities are targeted for a 20% reduction per ton of purchased fuels, and upstream and downstream transport and distribution emissions are targeted for a 24.3% reduction per ton of materials transported by 2030.

Long-term, Holcim aims to reduce Scope 1 and 2 GHG emissions by approximately 95% per ton of cementitious materials by 2050, and absolute Scope 3 GHG emissions by approximately 90% by 2050 from a 2020 base year. Holcim's climate targets have been validated by the Science Based Targets initiative (SBTi) as being in line with a 1.5°C warming pathway. The company also plans to leverage Carbon Capture, Utilisation, and Storage (CCUS) technologies to achieve its net-zero goals.