Holcim Group Services Ltd / Key word(s): Miscellaneous
Holcim selected to pilot the world’s first science-based targets for nature

25.05.2023 / 07:00 CET/CEST

  • One of 17 companies worldwide selected by the Science Based Targets Network (SBTN) to pilot the world’s first science-based targets for nature
  • Expanding Holcim’s science-driven approach, building on its Biodiversity Indicator and Reporting System developed in partnership with IUCN
  • In line with Holcim’s 1.5°C-aligned climate targets, validated by the Science Based Targets initiative (SBTi)
     

Holcim is working with the Science Based Targets Network (SBTN) to submit nature targets for validation in 2023, as part of a global initiative to set the world’s first standards for ambitious and measurable corporate action for nature. Holcim was selected by SBTN among the first seventeen global companies and the only one in its industry, based on its advanced science-driven approach to nature. Holcim’s biodiversity targets are based on its Biodiversity Indicator and Reporting System (BIRS) developed in partnership with IUCN to ensure a measurable and positive impact on biodiversity, as well as ambitious freshwater reduction and replenishment commitments. This work builds on Holcim’s 1.5°C-aligned climate targets, validated by the Science Based Targets initiative (SBTi).

Magali Anderson, Chief Sustainability and Innovation Officer at Holcim: "At Holcim, we take a rigorous, science-based approach to nature. Building on our nature strategy, we are delighted to be selected by the Science Based Targets Network to be among the first group of companies to submit freshwater and land targets for validation. Setting science-based targets for nature is key to making a real and measurable impact to preserve and restore biodiversity and freshwater ecosystems. As part of this initiative we aim to bring our climate and nature action closer together."

Erin Billman, Executive Director of the Science Based Targets Network: "By understanding and addressing their environmental impacts, companies such as Holcim can help mitigate supply chain disruptions, get ahead of regulatory compliance, and increase business value through access to capital and competitive advantage. I'm glad to see them seize the opportunity now and start assessing their impact on Earth’s finite resources and prepare to set the first science-based targets for nature.”

With the launch of the new science-based targets for nature, SBTN is providing guidance for all companies to holistically assess and prioritize their environmental impacts and to prepare to set science-based targets, beginning with freshwater and land. The guidance is aligned with global goals on climate, nature, and development, including the Global Biodiversity Framework, the Paris Agreement, and the UN Sustainable Development Goals. Learn more about the first science-based targets for nature from the introductory webinar.

About Holcim
Holcim is a global leader in innovative and sustainable building solutions with net sales of CHF 29.2 billion in 2022. Driven by its purpose to build progress for people and the planet, its 60,000 employees are on a mission to decarbonize building, while improving living standards for all. The company empowers its customers across all regions to build better with less, with its broad range of low-carbon and circular solutions, from ECOPact to ECOPlanet. With its innovative systems, from Elevate roofing to PRB’s insulation, Holcim makes buildings more sustainable in use, driving energy efficiency and green retrofitting. With sustainability at the core of its strategy, Holcim is becoming a net-zero company with 1.5°C targets validated by the Science Based Targets initiative (SBTi).

Learn more about Holcim on www.holcim.com, and by following us on LinkedIn.

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Important disclaimer – forward-looking statements:
This document contains forward-looking statements. Such forward-looking statements do not constitute forecasts regarding results or any other performance indicator, but rather trends or targets, as the case may be, including with respect to plans, initiatives, events, products, solutions and services, their development and potential. Although Holcim believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions as at the time of publishing this document, investors are cautioned that these statements are not guarantees of future performance. Actual results may differ materially from the forward-looking statements as a result of a number of risks and uncertainties, many of which are difficult to predict and generally beyond the control of Holcim, including but not limited to the risks described in the Holcim's annual report available on its website (www.holcim.com) and uncertainties related to the market conditions and the implementation of our plans. Accordingly, we caution you against relying on forward-looking statements. Holcim does not undertake to provide updates of these forward-looking statements.


End of Media Release

1641317  25.05.2023 CET/CEST

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