Heidelberg Materials in line with Corporate Net Zero Standard
Company’s 2050 carbon reduction targets validated by Science Based Targets initiative
THE Science Based Targets initiative (SBTi) has validated Heidelberg Materials’ 2050 carbon reduction targets as consistent with the SBTi Corporate Net Zero Standard and in line with a 1.5°C trajectory.
Following a thorough validation procedure, the company’s long-term target has been successfully assessed against the SBTi’s strict criteria: Heidelberg Materials AG have committed to reach net-zero greenhouse gas (GHG) emissions across the value chain by 2050.
The company has also committed to reduce gross scope 1 and 2 GHG emissions by 95% per tonne of cementitious material by 2050 from a 2020 base year, and to reduce absolute scope 3 GHG emissions by 90% within the same timeframe.
At the beginning of 2023, SBTi had already validated the near-term reduction targets of Heidelberg Materials for 2030: Heidelberg Materials are committed to reduce gross scope 1 and 2 GHG emissions by 26.7% per tonne of cementitious material by 2030 from a 2020 base year, and to reduce absolute scope 3 GHG emissions from purchased goods and services 25% within the same timeframe.
Heidelberg Materials were the first company in the cement sector to have their then targets endorsed by the SBTi in 2019. The validation of the 2050 targets recognizes Heidelberg Materials’ commitment to sustainability and reaffirms their pledge to achieve Net Zero.
The SBTi assesses and validates corporate emission reduction targets against the latest climate science. The SBTi’s Corporate Net-Zero Standard is the world’s only framework for corporate net-zero target setting in line with climate science. It includes the guidance, criteria, and recommendations companies need to set science-based net-zero targets consistent with limiting global temperature rise to 1.5°C.
