You are here Home Investors Press releases SUSTAINABILITY 22 July 2021 | 16:28 Science Based Targets initiative validates CO2 emissions reduction targets Rome, 22 July 2021 - The Science Based Targets initiative (SBTi) has validated Cementir’s CO2 emission reduction targets, judged to be consistent with the “well below 2°C” objective, pursuant to the Paris Climate Agreement of 2015. This significant acknowledgement follows the recent upgrades to Cementir ESG ratings by the main international agencies and reaffirms the soundness of Cementir decarbonization process outlined in the Roadmap to 2030 and in the 2021 - 2023 Industrial Plan. In particular, SBTi has validated Cementir Holding commitment to a 25% reduction of scope 1 and scope 2 GHG emissions per ton of cementitious products by 2030, from a 2020 baseline. The target boundary includes biogenic emissions and removals from bioenergy feedstocks . The objectives will be achieved through sustainability investments, product innovation, digitalization of industrial processes and operating efficiency improvement. To date, 813 companies in the world have obtained the validation of their targets from SBTi, of which only 5 cement producers with a well-below 2°C target. Francesco Caltagirone, Chairman and CEO noted: "The validation of our CO2 emissions reduction targets by Science Based Targets initiative is another important recognition of Cementir decarbonization path to 2030. Sustainable growth represents a commitment to all our stakeholders and at the same time it is a necessity for those who work in this sector”. SBTi is a collaboration between CDP (Carbon Disclosure Project), the United Nations Global Compact (UNGC), the World Resources Institute (WRI) and the World Wildlife Fund for Nature (WWF), with the intention of guiding companies in the definition of ambitious targets for climate change mitigation to ensure that their strategy is consistent with scientific objectives. For more information, please refer to SBTi website. Download PDF 75.29 KB Contacts MEDIA RELATIONS Tel. +39 06 45412365 Fax +39 06 45412300 ufficiostampa@cementirholding.it INVESTOR RELATIONS +39 06 32493305 +39 06 32493274 invrel@cementirholding.it GO BACK Navigazione principale WHO WE ARE Our Group Vision, Mission and Values Strategy Global presence Our History Management Our organization OUR BUSINESS Why choose Cementir Customer oriented Products and solutions Innovation Projects SUSTAINABILITY The cement sector and the challenges of sustainability Strategy and objectives Our commitment to the environment One Group Culture Our commitment to local communities Sustainability Governance Sustainability Report and documents Rating and partnerships Stories and projects PEOPLE People at Cementir Corporate Culture What we offer Cementir Academy Join us INVESTORS Financial highlights Investing in Cementir Results Center and Presentations Financial reports Press releases Financial calendar Shareholder centre Contacts GOVERNANCE Our Governance Corporate bodies Shareholders' Meetings Corporate regulations Corporate transactions Ethics and compliance MEDIA What's new? Media Gallery Press articles Press Kit E-mail alert Copyright © Cementir Holding N.V. - P.IVA 02158501003 Footer menu contacts privacy policy cookies disclaimer disclaimer IR Social Profiles Cementir€ 8.19-2.96%Mkt cap1.31 Bn€ Sup menu Archive Countries Contacts Glossary EN IT Search WHO WE ARE OUR BUSINESS SUSTAINABILITY PEOPLE Investors Governance Media By continuing to browse, you accept the use of cookies to receive services and offers in line with your interests. For more information and to know how to disable cookies, read our "cookie policy". Maggiori informazioni Accept No, grazie