Cement News tagged under: CDP

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CDP raises Cemex rating on climate change leadership

30 January 2020, Published under Cement News

CDP has raised its rating of Cemex from B in 2018 to A- in 2019 for the company's commitment to climate protection. The rating covers Cemex's improvement in governance, risk management, CO 2 emissions reduction initiatives, low carbon products and value chain engagement. "We are very pleased not only that our CDP score has improved, but also that it reflects our company's continued effort to achieve a robust climate change strategy, which is helping us to reduce our operations' CO 2 footp...

CDP gives top Climate Change A grade to HeidelbergCement

21 January 2020, Published under Cement News

CDP (formerly Carbon Disclosure Project) has recognised HeidelbergCement with a place on the "Climate Change A-List 2019" as one of the leading companies worldwide for its commitment to climate action. HeidelbergCement has improved its rating in the area of climate protection from A- in the previous year to the top grade A, and therefore, leads the cement sector. In 2019 around 8000 companies disclosed data to CDP. Of these, only 179 companies worldwide, of which nine in Germany, were awar...

Cement companies show positive performance in CDP ranking

28 January 2019, Published under Cement News

International organisation CDP has released its annual ‘A List’ which names the world’s leading businesses and scores them on their approach to climate change, water security and deforestation. The ranking is from A to D-, with F indicating a failure to provide sufficient information to be evaluated. The score assesses the level of detail and comprehensiveness of the response to CDP’s questionnaire, as well as the company's awareness of climate change issues, management methods and progres...

CDP report claims producers still need to vastly reduce CO2 levels

10 April 2018, Published under Cement News

A new report by the Carbon Disclosure Project (CDP) entitled 'Building Pressure', which analyses 13 of the world's largest publicly-listed cement companies, reveals that they need to more than double their emissions reductions if they are to limit global warming to below 2˚C, as agreed in the Paris Climate Deal. The companies analysed in the report have a total market capitalisation of US$150bn and represent 16 per cent of global cement production. The CDP has assessed companies across fo...

Visible cracks

10 October 2016, Published under Cement News

Over the last 18 months CDP has analysed sectors ranging from electric utilities and automotive manufacturing to extractives and has benchmarked how leading players manage climate risks and opportunities. In June it was the turn of the cement sector, as CDP published ‘Visible Cracks’, its first report for investors on the global cement industry. This publication revealed how differently companies in the sector are preparing for the transition to a low-carbon economy. By Tarek Soliman and Cha...