Cement News tagged under: Environmental Social Governance (ESG)
Titan forms joint venture with Terna Energy24 September 2021, Published under Cement NewsTitan Cement Group and Terna Energy, in a joint venture, will participate in the public tender process for the PPPs of the Mechanical & Biological Waste Treatment (MBT) plants in Attica and Central Macedonia. On 22 September the joint venture submitted letters of interest to participate in the first phase of the tender process for the MBTs of the Central Circular Economy Park in Attica and the Circular Economy Park of Piraeus, as well as the MBT of the western sector of Central Macedonia.... |
Cemex launches its Sustainability-Linked Financing Framework08 September 2021, Published under Cement NewsCemex has launched its most comprehensive 'Sustainability-Linked Financing Framework' to date. The framework further aligns Cemex's sustainability commitments to its financing strategy, as part of its Future in Action programme. Cemex's guiding principles for new sustainability-linked financing instruments, including public bonds, private placements, loans, derivatives, working capital solutions and other financing instruments are set out in the framework. "Climate change is one of the... |
Argos North America Corp signs ESG-linked loan16 August 2021, Published under Cement NewsArgos North America Corp (Grupo Argos) entered into a new loan for US$300m, in which the interest rate is linked to CO 2 emission reduction indicators and an increase in the share of women in leadership positions. Grupo Argos continues to demonstrate its concrete commitment in implementing positive Environmental Social Governance (ESG) practices with this initiative. Cementos Argos SA and Argos USA LLC will act as guarantors in this operation. The financial entities with which the... |
Cementos Argos achieves ‘outstanding’ FTSE4Good recognition02 August 2021, Published under Cement NewsArgos, (Grupo Argos) is the only Colombian company on the FTSE4Good Sustainability Index to achieve an outstanding listing in its category for its environmental, social, governance (ESG) practices among North American, European and Asian organisations. The companies are evaluated on more than 150 indicators that cover topics such as efficient use of water, climate change, biodiversity, health and safety, labour standards, human rights and communities, fiscal transparency, corporate gover... |
Titan's Greek plants gain Platinum rating for zero waste13 July 2021, Published under Cement NewsThe highest Platinum rating (Zero Waste) under the 'Zero Waste to Landfill' standard has been awarded to all of Titan's cement plants in Greece. The certification, carried out by Eurocert, reaffirms the excellent environmental performance of Titan's plants and rewards a practice already adopted to divert virtually 100 per cent of plant waste from landfill. This is achieved through initiatives taken to prevent the creation of waste and proper management to avoid landfilling. General Ma... |
Grupo Argos formalises COP392bn sustainable linked loan28 April 2021, Published under Cement NewsGrupo Argos and Bancolombia signed the first loan agreement tied to sustainability indicators in Colombia, where the interest rate is tied to the company’s performance on gender equality and climate change, in a financing agreement that modifies current conditions for close to COP392bn (US$106m) in debt and will have a five-year maturity. In this regard, the operation does not increase Grupo Argos' current levels of indebtedness. This transaction recognises Grupo Argos' track record an... |
LafargeHolcim improves its sustainability performance and ESG rating26 April 2021, Published under Cement NewsLafargeHolcim announced that its sustainability achievements in 2021 were ranked ranked first in its sector by Vigeo Eiris, giving the company its highest rating of A1 + . LafargeHolcim was also named best in its sector in terms of transitioning to a low-carbon economy. This rating places LafargeHolcim within the top two per cent of companies ranked worldwide. The Solar Impulse Foundation endorsed 10 LafargeHolcim green building solutions. The labelled solutions contributed to the Solar... |
Titan Cement Group releases 2020 integrated annual report13 April 2021, Published under Cement NewsTitan Cement Group has published its 2020 integrated annual report, which outlines the group's financial, as well as environmental, social and governance (ESG) performance. New ESG targets for 2025 and beyond have been set, underlining the group's enduring commitment to sustainability and value creation for all. An ambitious CO 2 reduction target is set at -35 per cent by 2030, compared to 1990 levels, with the group embracing the vision of the European Green Deal and the Global Ceme... |
Titan reduces net CO2 emissions by 13.4 compared to 1990 levels25 March 2021, Published under Cement NewsIn 2020 Titan Cement continued to actively engage in the global collective effort toward a carbon-neutral future, endorsing the vision of the European Green Deal and the Global Cement and Concrete Association (GCCA) Climate Ambition to deliver society with carbon-neutral concrete by 2050. Net CO₂ emissions reached 674kgCO₂/t cementitious product in 2020, declining by 13.4 per cent compared to 1990 levels. New processing lines for alternative fuels were inaugurated in Florida, USA, and ... |
Titan Cement Group sets new ESG targets for 202519 March 2021, Published under Cement NewsTitan Cement Group has released its Environmental, Social and Governance (ESG) targets for 2025 and beyond. The targets include an updated, more ambitious, CO 2 reduction goal for 2030, aligned with the vision of the European Green Deal to achieve climate neutrality by 2050. "We are building on our strong track record on sustainability and aspire to increase our positive impact on people, society, and the environment. We are committing to ambitious targets that aim to generate more valu... |