de
DE
Germany
de-DE
de_intm_classes
intm
Intermediary
de
de
Insights

ESG Viewpoint: The challenges of realising zero-carbon cement

Can cement emissions be curbed, while still allowing for crucial infrastructure growth?

After water, concrete is the most consumed material globally, due to its utility, abundance, and low cost. Cement acts as the binder between fine rocks (aggregates) in the formation of concrete and, though it only makes up about 10% of the mix, it is responsible for nearly all of concrete’s CO2 emissions.

Globally, the production and use of cement is responsible for about 7% of CO2 emissions and generates the largest emissions per dollar revenue of all industrial emissions. In the coming decades the demand for cement is expected to grow, largely due to the expansion of urban areas and public infrastructure, particularly in emerging economies. Between 2015 and 2021 the global carbon intensity of cement increased by about 1.5% annually. This is far off the IEA’s net zero pathway, which sees the carbon intensity of cement decrease by 3% every year until 2030.

Significant investment is needed by cement companies to address these challenges. Yet the sector’s high carbon intensity may make it more difficult to raise the capital required, as investors looking to achieve portfolio decarbonisation goals could be tempted to cut their carbon footprint by re-allocating to other sectors with fewer challenges. A net zero approach that allows continued investment in cement players with clear net zero strategies is required to achieve real-world results, which is the aim of the net zero strategy we have tailored and adopted at Columbia Threadneedle Investments.

Interested in learning more?

Europe’s cement producers are committed to net zero – but are their plans ambitious and achievable?  We’ve been engaging with the cement sector to better understand the challenges companies are facing and discuss how businesses can transform their operations to deliver this critical material sustainably. Download the full ESG Viewpoint to discover more.

10 März 2023
Michael Hamblett
Michael Hamblett
Analyst, UK Equities
Albertine Pegrun Haram
Albertine Pegrum-Haram
Climate Change Analyst
Share article
Hauptthemen
Verwandte Themen
Listen on Stitcher badge
Share article
Hauptthemen
Verwandte Themen

PDF

ESG Viewpoint: The challenges of realising zero-carbon cement

Risk Disclaimer

Views and opinions have been arrived at by Columbia Threadneedle Investments and should not be considered to be a recommendation or solicitation to buy or sell any companies that may be mentioned.

The information, opinions, estimates or forecasts contained in this document were obtained from sources reasonably believed to be reliable and are subject to change at any time.

Engagement efforts outlined in this Viewpoint reflect the assets of a group of legal entities whose parent company is Columbia Threadneedle Investments UK International Limited and that formerly traded as BMO Global Asset Management EMEA. These entities are now part of Columbia Threadneedle Investments which is the asset management business of Ameriprise Financial, Inc. Engagement and voting services are also executed on behalf of reo® clients.

Verwandte Beiträge

20 November 2024

Vicki Bakhshi

Director, Responsible Investment

ESG-Viewpoint COP29: Wird eine Lösung für die Klimafinanzierung gefunden?

Die Weltklimakonferenz COP29 wird auch als „Finanz-COP“ bezeichnet, da sich die Verhandlungsführer auf ein neues globales Ziel für die Finanzierung des Klimaschutzes und der Anpassung an den Klimawandel in den Entwicklungsländern einigen wollen.
12 November 2024

Vicki Bakhshi

Director, Responsible Investment

COP29: Will it deliver on climate finance?

With mitigation and adaptation needs running into hundreds of billions of dollars, and public finances stretched, the private sector will need to deliver much of the necessary ‘climate finance’
8 November 2024

CT SDG Engagement Global Equity Strategy

Download our Engagement Progress Report to discover deep analysis of our recent engagement and related outcomes.
17 Januar 2025

Neil Robson

Head of Global Equities

A racing certainty - can big tech beat the odds again?

Bumper earnings have seen big US tech names dominate equity returns. What are their prospects from here and will the rest of the market begin to close the gap?
17 Januar 2025

2025 CEO outlook: Is the US market too good to be true?

As the US prepares for a political changing of the guard, our CEO shares his thoughts on where he sees markets opportunities and the potential risks for investors in 2025
14 Januar 2025

Fixed Income Desk

In Credit - Weekly Snapshot

In Credit Weekly Snapshot – January 2025

Our fixed income team provide their weekly snapshot of market events.
true
true

Risk Disclaimer

Views and opinions have been arrived at by Columbia Threadneedle Investments and should not be considered to be a recommendation or solicitation to buy or sell any companies that may be mentioned.

The information, opinions, estimates or forecasts contained in this document were obtained from sources reasonably believed to be reliable and are subject to change at any time.

Engagement efforts outlined in this Viewpoint reflect the assets of a group of legal entities whose parent company is Columbia Threadneedle Investments UK International Limited and that formerly traded as BMO Global Asset Management EMEA. These entities are now part of Columbia Threadneedle Investments which is the asset management business of Ameriprise Financial, Inc. Engagement and voting services are also executed on behalf of reo® clients.

Das könnte Ihnen auch gefallen

Investmentansatz

Teamwork bildet eine wichtige Grundlage unseres Anlageprozesses, der so strukturiert ist, dass er die Ausarbeitung, Bewertung und Umsetzung fundierter und vielversprechender Anlageideen für unsere Portfolios erleichtert.

Fonds

Columbia Threadneedle Investments bietet eine umfangreiche Palette von Investmentfonds an, die eine Vielzahl von Anlagezielen abdeckt.

Anlagekapazitäten

Wir bieten eine breite Palette aktiv verwalteter Anlagestrategien und -lösungen für globale, regionale und inländische Märkte und Anlageklassen.

Bitte bestätigen Sie einige Angaben zu Ihrer Person, um Ihr Präferenzzentrum zu besuchen

*Pflichtfelder

Etwas ist schief gelaufen. Bitte versuche es erneut

Vielen Dank. Sie können jetzt Ihr Präferenzzentrum besuchen, um auszuwählen, welche Einblicke Sie per E-Mail erhalten möchten.

Um zu sehen und zu aktualisieren, welche Erkenntnisse Sie von uns per E-Mail erhalten, besuchen Sie bitte Ihr Preference Center.