Top Sustainability Rating for LafargeHolcim
LafargeHolcim obtain A1+ Sustainability Rating from V.E – part of Moody’s ESG Solutions
LAFARGEHOLCIM have obtained an A1+ Sustainability Rating from V.E – part of Moody’s ESG Solutions – with an overall Environmental, Social and Governance (ESG) score of 65 out of 100. This rating ranks LafargeHolcim among the top 2% of companies in V.E’s global ESG assessment universe and first out of 25 companies in the European building materials sector.
In its opinion on LafargeHolcim’s sustainability, V.E noted that the company’s A1+ Sustainability Rating is driven by new sustainability commitments and improved reporting and communication. LafargeHolcim now also display advanced willingness and capacity to integrate ESG factors into their strategy, operations and risk management, according to V.E.
Géraldine Picaud, chief financial officer at LafargeHolcim, said: ‘We are delighted to be ranked amongst the top 2% of companies assessed by V.E. This is testament to our commitment to sustainability from both an environmental and social perspective. ESG metrics are at the core of our performance management and growth strategy. I am particularly pleased with the recognition of our quantified targets and comprehensive commitments.’
Magali Anderson, chief sustainability and innovation officer at LafargeHolcim, added: ‘This top sustainability rating recognizes the progress we have made since our net-zero pledge, setting ourselves the most ambitious 2030 climate targets in our industry. It is also a great recognition for the outstanding work of our teams around the world and encourages us to keep on raising the bar to accelerate the transition to sustainable building.’
Moody’s affiliate V.E is a global leader in ESG assessments, data, research, benchmarks and analytics. Sustainability Ratings provide a holistic view of an organization’s exposure to ESG-related risks and opportunities from both a financial and stakeholder impact perspective.