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Home Personal finance

HeidelbergCement achieves top position in sustainability rating

The FINANCIAL by The FINANCIAL
January 29, 2019
in Personal finance
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HeidelbergCement achieves top position in sustainability rating
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The FINANCIAL — The international non-profit organisation CDP (formerly Carbon Disclosure Project) has published the results of its company rating for 2018, which is one of the most important sustainability ratings for the capital market. Like in the previous year, HeidelbergCement received scores of A- in the categories of “climate change” and “water”, thus taking the leading position in the cement sector.

“We are proud that we maintained the leadership position from the previous year. This is a strong confirmation that we are on the right track with our Sustainability Commitments 2030. The excellent result encourages us to further reduce our ecological footprint across all business lines and on a global level” – says Dr. Bernd Scheifele, Chairman of the Managing Board of HeidelbergCement.

CDP rates the commitment and transparency of companies with respect to environmental and climate protection with scores ranging from A (highest possible score) to D-. Goal of the CDP rating is to promote competition in the area of sustainability and encourage corporates to set ambitious environmental protection targets. About 7,000 companies provided data on their actions regarding climate change, water security and deforestation

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