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HeidelbergCement AG (HEI.F)

Frankfurt - Frankfurt Delayed price. Currency in EUR
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51.06+0.08 (+0.16%)
As of 04:59PM CEST. Market open.
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    HeidelbergCement gets more ambitious on CO2 cuts, sets financial targets

    HeidelbergCement, the world's No. 2 cement maker, said on Tuesday it aimed to cut carbon dioxide (CO2) emissions by almost 50% by 2030 compared with 1990, part of an industry-wide push to decarbonise. The company will use recycled materials and carbon capture to reduce CO2 emissions to 400 kilograms per tonne, down from a previous target of 500 kilograms, highlighting its efforts to cut emission in the cement production, which is among the most polluting industrial processes. "We will make the transition a successful business case," Chief Executive Dominik von Achten said during the company's capital markets day.

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