Displaying items by tag: Emissions

US: California Governor Gavin Newsom has signed a bill requiring the California Air Resources Board (CARB) to develop a plan by mid-2023 for the state’s cement producers to achieve net zero emissions of greenhouse gases by the end of 2045 at the latest. A 40% reduction compared to 2019 levels would also be required by the end of 2035 with interim targets set beforehand. CARB will also be obliged to ‘define a metric for greenhouse gas intensity,’ monitor emissions data, set a baseline to measure emissions reduction progress, evaluate measures to support market demand and financial incentives to encourage the production and use of low-carbon cement amongst other actions.

US: The Texas Commission on Environment Quality has discarded legal limits on crystalline silica in ready-mix concrete plants’ dust emissions. Commissioner Bobby Janecka said "I am pretty comfortable moving forward and finalising the proposed revision of the standard permit to bring us back to the point we departed from in 2012." He added that the commission had confirmed the decision with analysis from before the previous rule change, which he attributed to a ‘clerical error.’

UK: Cemex UK has carried out track improvements and extensions at its Attercliffe, Small Heath and Bletchley rail depots. The works included a new siding and storage bays for offloading at Small Heath. Meanwhile, improvements at the Attercliffe depot will enable delivery vehicles to safely use the same area in the day as trains do at night.

Rail and sea manager Mark Grimshaw-Smith said “The summer months have provided us with the perfect opportunity to complete a considerable programme of investment into track at three of our rail depots. These sites are all very different, and spread out across the country, but they are all important parts of our rail network and ripe for development.” He added, “As our use of trains to transport our materials increases, it is vital that we have the infrastructure in place to support this. Further investment is planned at some of our other UK railheads over the coming months.”

The company is in the process of a transition to rail and sea transport from road. Progress in 2020 eliminated 17,500t of CO2 emissions from 150,000 road movements not taken.

Mexico: Cemex has partnered with Sweden-based Volvo to develop a zero-emissions cement fleet. The implementation will extend to mobile construction equipment, trucks, productivity solutions, and uptime services. A Cemex European site will host trials of the technologies.

Head of global sustainability Vicente Saiso said “Working together with a leading global company in electromobility construction equipment and trucks such as Volvo will strengthen our efforts to address climate change and reduce our carbon footprint to reach net zero by 2050. We are excited to collaborate and develop a roadmap to introduce electric trucks and equipment throughout our operations.”

Mexico: Cemex has launched a sustainability-linked financing framework. It says that it is the ‘most comprehensive’ such framework in the building materials sector. The framework further aligns Cemex’s corporate sustainability commitments to its financing strategy, as part of its ‘Future in Action’ program. It establishes Cemex’s guiding principles when issuing new sustainability-linked financing instruments, including public bonds, private placements, loans, derivatives, working capital solutions and other financing instruments. Sustainalytics, an independent company that specialises in providing environmental, social and corporate governance research, ratings and data to institutional investors and companies, validated the framework’s alignment with the Sustainability-Linked Bond Principles, the International Capital Market Association’s Climate Transition Finance Handbook and the Loan Market Association’s Sustainability-Linked Loan Principles.

“Climate change is one of the biggest challenges of our time, and we will continue to address it as a fundamental component of our business strategy,” said Maher Al-Haffar, Cemex's chief financial officer. “Cemex is committed to increasing the role sustainable finance plays in its capital structure by potentially linking the cost of financial instruments to the achievement of targets, directly aligning our corporate finance strategy to sustainability commitments and further contributing to a low-carbon future.”

Cemex has included three key performance indicators in the framework: net CO₂ emissions per tonne of cementitious product, clean electricity consumption and alternative fuels rate. All of them were qualified by Sustainalytics and deemed aligned with the company’s climate action strategy. Cemex currently has a 2030 target of reaching below 475kg/t of CO₂ for cementitious products.

Austria: Baumit has invested Euro5.6m in a new waste heat recovery (WHR) system at its Wopfing cement plant in Lower Austria. The producer claims that the installation will enable it to make energy savings of almost 20GWh/yr, corresponding to the energy consumption of 1000 households.

Commercial director Georg Bursik said “We have been using the waste heat for drying systems in the plant for decades. Thanks to this investment, the use of waste heat can be further increased – saving 4000t/yr of CO₂.

Germany: A pilot program of climate protection agreements has been launched to help German companies convert to CO₂-free production, starting in 2022. The Federal government declared that Euro900m would be available in the first instance. This is intended to assist companies in hard-to-abate sectors, with the government assuming that more than 50 companies in the cement, steel, lime and ammonia industries will be eligible to apply for climate protection agreements. These will off-set the difference between the additional costs resulting from the CO₂-neutral operation of a company and the CO₂ price in the EU Emissions Trading Scheme (ETS). The terms of the contract will likely run for 10 years, to provide the companies with sufficient time to adjust to considerably higher CO₂ abatement costs in the future.

In addition to the funding of investment costs in EU-wide hydrogen infrastructure projects, the federal government sees the industry decarbonisation programme as an essential transformation instrument for energy-intensive industry in order to achieve the goal of greenhouse gas neutrality by 2045.

Colombia: Argos North America has taken out a US$300m loan where the interest rate is linked to CO₂ emission reduction indicators and the increase in the percentage of women in leadership positions. It will be used to prepay an existing syndicated loan. The loan has been taken out from BNP Paribas Securities, Natixis, Sumitomo Mitsui Banking Corporation and the Bank of Nova Scotia. This loan is the first linked to environmental, social and corporate governance performance that Argos has signed with international banks.

India: Holcim subsidiary ACC has signed the Business Ambition for 1.5°C pledge and joined the UN Framework Convention on Climate Change’s Race to Zero campaign. The producer partnered with CDP India’s Science-Based Targets (SBT) Incubator programme to develop its targets. It has committed to reduce its cement’s Scope 1 emissions by 21% to 409kg/t from 511kg/t and its Scope 2 emissions by 48% per tonne between 2018 and 2030. In 2020, the Scope 1 emissions of ACC’s cement were 493kg/t.

CDP India executive director Shankar Venkateswaran said, “CDP India’s SBT Incubator supports companies in India to align with these targets. By committing to science-based emissions reduction targets, ACC has positioned itself as an industry leader, showing the way for the sector’s transformation to a low carbon sustainable future. We believe that this will encourage more companies on their Net Zero Journey.”

Pakistan: Research by the Centre for Research on Energy and Clean Air (CREA) think tank shows that the cement sector was the largest national emitter of CO₂ from coal in the financial year for 2018 – 2019. Coal was responsible for 19% of emissions in the reporting period. Cement comprised 49% of this followed by power generation at 28% and brick manufacture at 22%. The report looked at CO₂ emissions from the Pakistan energy sector. It concluded that the cement industry was often missed out in discussions about carbon emissions in the country despite its high coal consumption and the number of new plants currently being planned.