Cement News tagged under: Environmental Social Governance (ESG)

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Charah Solutions Inc releases its first ESG report

16 March 2021, Published under Cement News

Charah ® Solutions Inc has announced the publication of its first annual environmental, social and governance (ESG) report, prepared using internationally-recognised Sustainability Accounting Standards Board (SASB) and UN Sustainable Development Goals (SDGs) reporting.   The report provides information on the company's ESG performance in 2020, its response to the global pandemic, key issues identified by the company and its stakeholders, as well as clearly defined ESG goals. Key 2...

Argos signs COP160bn ESG-linked performance loan with BBVA

15 March 2021, Published under Cement News

BBVA and Argos (Grupo Argos) signed a long-term financing agreement through a sustainable loan in an ESG-linked format for COP160bn (US$44.8m) where the loan includes a pricing adjustment mechanism that links the interest rate to the company’s ESG performance. This transaction is the first of its kind in Colombia and constitutes Grupo Argos' debut in sustainable financing. The loan granted by BBVA in Colombia to Cementos Argos includes an adjustment mechanism through which the int...

LafargeHolcim accelerated its sustainability in 2020

01 March 2021, Published under Cement News

LafargeHolcim accelerated its climate action this year with the launch of its net-zero pledge, as a signatory of the 'Business Ambition for 1.5°C'. The company set the most ambitious climate targets of its industry, validated by the Science-Based Targets initiative (SBTi) to reach net-carbon emissions of 475kg net of CO 2  per tonne of cementitious materials by 2030. Making progress on its net-zero journey, LafargeHolcim delivered a record-low level of 555kg net CO 2 /t in 2020.     ...

LafargeHolcim launches first sustainability-linked bond for EUR850m

18 November 2020, Published under Cement News

LafargeHolcim priced a EUR850m sustainability-linked bond on 17 November, with a coupon of 0.5 per cent maturing in 2031. This is the first bond of its kind in the building materials industry.    Géraldine Picaud, CFO, said, "We are proud to be the first in our industry to launch a sustainability-linked bond. The order book of EUR2.6bn demonstrates the confidence of investors in the company’s financial strength, strategy and ability to deliver on its sustainability targets." In addi...