Holcim has furthered its sustainability goals to 2025 with a new strategy, following the accomplishment of Strategy 2022 a whole year in advance.
Strategy 2025 – Accelerating Green Growth will focus on the development of Holcim’s new sustainable offerings in the Solutions & Products business unit, targeting 30 per cent of total Group sales for the unit.
Holcim chief executive officer Jan Jenisch said the company was more than ready to target this new goal, which involves recycling more than nine million tonnes of construction and demolition materials into building products.
“We delivered what we promised with our Strategy 2022 one year in advance, setting strong foundations for our next era of growth,” Jenisch said.
“With our new level of performance, we have the firepower to invest in Solutions & Products to make it 30 per cent of our company, while leading the way in green building solutions – from ECOPact green concrete to energy-efficient roofs.”
The four “value drivers” of Strategy 2025 are accelerating growth, expanding Solutions & Products, leading in sustainability and innovation, and delivering superior performance.
Some measurable targets to achieving these drivers include 3 to 5 per cent net sales growth and 10 per cent return on invested capital (ROIC).
The growth of Holcim’s ECOPact will underpin the company’s growth, as the green concrete earns favour in an increasing number of countries.
ECOPact was only released in Australia in April 2021 and will likely see increasing success after being rolled out in 13 other countries previously.
The concrete is made using varying portions of supplementary cementitious materials, which include fly ash and slag cement, and can reduce embodied carbon emissions by up to 60 per cent compared to standard concrete. It will be available in a range from 30 to 100 per cent reduced carbon emissions overall.
ECOPact was put on show earlier in November at the United Nations COP26 Climate Change Conference in Glasgow, Scotland, where a public artwork was produced using the green concrete.
The installation’s use of ECOPact reportedly reduced its carbon footprint by more than 70 per cent.
Holcim will also achieve its growth goals through acquisitions in the aggregates and ready-mix concrete business areas, while looking to digitise its value chain from operations to customer applications.
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