|Holcim is working with the Science Based Targets Network (SBTN) to submit nature targets for validation in 2023 as part of a global initiative to set the world’s first standards for ambitious and measurable corporate action for nature.
Based on its advanced science-driven approach to nature, SBTN selected Holcim among the first seventeen global companies and the only one in its industry. Holcim’s biodiversity targets are based on its Biodiversity Indicator and Reporting System (BIRS).
The Biodiversity Indicator and Reporting System was developed in partnership with IUCN to ensure a measurable and positive impact on biodiversity and ambitious freshwater reduction and replenishment commitments. This work builds on Holcim’s 1.5°C-aligned climate targets, validated by the Science Based Targets initiative (SBTi).
In line with Holcim’s 1.5°C-aligned climate targets, validated by the Science Based Targets initiative (SBTi)
Magali Anderson, Chief Sustainability and Innovation Officer at Holcim, stated: “At Holcim, we take a rigorous, science-based approach to nature. Building on our nature strategy, we are delighted to be selected by the Science Based Targets Network as among the first companies to submit freshwater and land targets for validation. Setting science-based targets for nature is key to making a real and measurable impact on preserving and restoring biodiversity and freshwater ecosystems. We aim to bring our climate and nature action closer together as part of this initiative.”
Erin Billman, Executive Director of the Science Based Targets Network, noted: “By understanding and addressing their environmental impacts, companies like Holcim can help mitigate supply chain disruptions, get ahead of regulatory compliance, and increase business value through access to capital and competitive advantage. I’m glad to see them seize the opportunity now, start assessing their impact on Earth’s finite resources, and prepare to set the first science-based targets for nature.”
With the launch of the new science-based targets for nature, SBTN provides guidance for all companies to holistically assess and prioritize their environmental impacts and prepare to set science-based targets, beginning with freshwater and land. The direction is aligned with global climate, nature, and development goals, including the Global Biodiversity Framework, the Paris Agreement, and the UN Sustainable Development Goals. Learn more about the first science-based targets for nature from the introductory webinar.
This webinar, hosted by SBTN, contained an overview of the technical guidance for companies and the immediate steps they can now take. The webinar also included a Q&A session. Watch the webinar. See below
Holcim is a global leader in innovative and sustainable building solutions, with net sales of CHF 29.2 billion in 2022. Driven by its purpose to build progress for people and the planet, its 60,000 employees are trying to decarbonize buildings while improving living standards for all. The company empowers customers across all regions to build better with less, with its broad range of low-carbon and circular solutions, from ECOPact to ECOPlanet. With its innovative systems, from Elevate roofing to PRB’s insulation, Learn more about Holcim at www.holcim.com and by following us on LinkedIn.