Holcim Group Services Ltd
/ Key word(s): Miscellaneous
Holcim’s ECOCycle® circular technology has been named a “Circularity Lighthouse in the Built Environment”, in a joint initiative between McKinsey & Company and the World Economic Forum announced at this year’s annual meeting in Davos. The Circularity Lighthouse designation recognizes pioneering solutions that demonstrate a novel, distinctive circularity approach, proven and substantial impact and value, with significant scale and maturity. Circularity in the built environment has the potential to reduce upfront carbon emissions by up to 75%, according to McKinsey research. Nollaig Forrest, Chief Sustainability Officer, Holcim: “Circularity is a game changer to decarbonize building at scale. At Holcim we are operating over 100 ECOCycle® recycling centers globally to drive circular construction. With our advanced recycling of construction demolition materials, we can already reduce by up to 40% the CO2 footprint of cement. This is just the beginning; as we innovate and partner across the value chain to evolve building norms, we aim to accelerate the shift to circular construction in all metropolitan areas where we operate.” With its ECOCycle® technology, Holcim can recycle up to 100% of construction demolition materials across a broad range of applications, from decarbonized raw materials in low-carbon cement formulation, to recycled aggregates in circular concrete. ECOCycle® enables concrete, cement and aggregates to contain from 10% to 100% recycled construction demolition materials inside with no compromise in performance, while reducing their environmental footprint. As a global leader in recycling, circularity is at the core of Holcim’s decarbonization journey. Building new from old, Holcim recycled nearly 7 million tons of construction demolition materials during 2022 into new building solutions. That represents over 1,000 truck loads of materials every day. Accelerating this pace, Holcim aims to recycle over 20 million tons of Construction Demolition Materials by 2030 in Europe alone, by scaling up ECOCycle® technology to reach 150 sites by 2030. About Holcim Learn more about Holcim on www.holcim.com, and by following us on LinkedIn. Sign up for Holcim's Building Progress newsletter here and follow our journey to a net-zero future. Important disclaimer – forward-looking statements:
End of Media Release |
1814565 15.01.2024 CET/CEST
The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.
The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.
If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.
For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.
1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.