In 2024, Cementir Holding completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Cementir Holding has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 6,900,426a | 7,184,097a | 7,324,884a | |
Total Scope 2 | ||||
Market-Based | 532,615a | 527,818a | 522,974a | |
Location-Based | 405,453a | 424,422a | 386,306a | |
Unspecified Calculation Method | N/A | N/A | N/A | |
Total Scope 3 | 2,495,697a | 2,607,247a | 3,591,439a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 3,930.8404a | 3,831.0557a | 3,987.5097a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Cementir Holding amounted to 7,305,879 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Cementir Holding decreased by 3.98%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of Cementir Holding were 6,900,426 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, Cementir Holding's Scope 1 emissions have decreased by 13.82%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Cementir Holding's Scope 1 emissions decreased by 3.95%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Cementir Holding reported Scope 2 greenhouse gas (GHG) emissions of 532,615 tCO₂e using the market-based method and 405,453 tCO₂e using the location-based method.a
Compared to the previous year (2023), Cementir Holding's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Cementir Holding's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Cementir Holding reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Cementir Holding reported 2,495,697 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Cementir Holding includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, Cementir Holding reported total Scope 3 emissions of 2,495,697 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 99.4% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.6% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2021, Cementir Holding's Scope 3 emissions have decreased by 23.19%, reflecting a declining long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), Cementir Holding's Scope 3 emissions remained relatively stable, indicating that Cementir Holding's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, Cementir Holding reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2024, the largest contributors to Cementir Holding's Scope 3 emissions were:a
In 2024, Cementir Holding reported Scope 1 greenhouse gas (GHG) emissions of 6,900,426 tCO₂e and total revenues of USD 1,755 millions. This translates into an emissions intensity of 3,930.84 tCO₂e per millions USD.a
In 2024, Cementir Holding reported a Scope 1 emissions intensity of 3,930.84 tCO₂e per millions USD. Compared to the peer group median of 5,681.39, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Cementir Holding ranked 11 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Cementir Holding is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Cementir Holding reported a total carbon footprint of 9,801,576 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.05% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Cementir Holding's total carbon footprint was Scope 1 emissions, accounting for 70.4% of the company's total carbon footprint, followed by Scope 3 emissions at 25.46%.a