Fast-growing ECOPact and ECOPlanet brands meeting sustainability needs and driving profitable growth
AT Holcim’s recent investor day in Switzerland, the company shared its 2030 European decarbonization roadmap to drive profitable growth with increasing EBIT margins, stating that the European region will deliver above CHF10 billion in net sales and CHF1.6 billion in EBIT by 2026.
Holcim’s ambition is to achieve annual organic growth of above 4% in net sales and above 8% in recurring EBIT to 2030 in Europe, while reducing CO2 per net sales by 60%, compared with 2020.
Miljan Gutovic, region head for Europe, said: ‘Europe offers the most advanced regulatory environment in the world to accelerate the transition to net zero, from the EU green deal to carbon pricing. Leveraging this platform in Europe, we are turning sustainable growth into profitable growth, with our ambitious decarbonization roadmap delivering leading EBIT margins. I am excited to be offering our customers advanced sustainable building solutions to best meet their needs, from ECOPact to ECOPlanet.’
Across Europe, Holcim are accelerating carbon capture, utilization, and storage, with six full-scale projects funded by the European Union to capture more than 5 million tonnes of CO2 annually by 2030, while delivering high returns. Their European CCUS portfolio includes eight additional high-return projects in development.
By 2030, Holcim say they will grow their low-carbon cement ECOPlanet to reach more than 50% of cement net sales, including 8 million tonnes of ECOPlanet Zero fully decarbonized cement*. The company will also grow its ECOPact low-carbon concrete to more than 55% of ready-mixed concrete net sales.
Also, making circularity a driver of profitable growth, Holcim will increase their ECOCycle technology platform to 150 sites in Europe by 2030, to recycle 20 million tonnes of construction demolition materials per annum.
* Without any use of carbon offsets