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LafargeHolcim tops Sustainalytics ESG Risk Rating in construction materials sector

Society Materials 28 July 2020 13:56 (UTC +04:00)
LafargeHolcim tops Sustainalytics ESG Risk Rating in construction materials sector

BAKU, Azerbaijan, July 28

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Sustainalytics, a global leader in environmental, social and governance risks (ESG) and Corporate Governance research and ratings, published its latest ESG Risk Rating. Of all 101 construction materials companies analyzed, LafargeHolcim rated first. The company was also in the top 20% of all 12,000 companies assessed across all sectors.

Magali Anderson, Chief Sustainability Officer: “We are very proud of this industry-leading ESG ranking. It positions LafargeHolcim as the number one construction materials company within Sustainalytics’ ESG Risk Rating, as well as the very first to rank below 20 in its “low risk” category. We are proud of the results of this assessment and are encouraged to keep on raising the bar to further accelerate the transition to sustainable construction”.

The Sustainalytics report states that the company is especially recognized for its strong corporate governance performance and its improvement across all seven of the material ESG issues and corporate governance factors that were analyzed.

LafargeHolcim’s ESG Risk Rating score for 2020 is 19.5 on a scale from 0-100 with 0 indicating negligible ESG risk. Sustainalytics’ ESG Risk Ratings are categorized across five risk levels: negligible, low, medium, high and severe.

Additionally, LafargeHolcim has been upgraded in the ISS ESG Corporate Rating issued in April 2020 to “Prime” status. This status is awarded to companies which fulfil ambitious absolute performance requirements and achieve a high ESG performance in their sector. Consequently the company’s tradeable bonds and shares meet responsible investment criteria. The summary report and further information on ESG topics at LafargeHolcim can be found here.

Holcim Azerbaijan is a part of the LafargeHolcim group of companies. As other group members by contributing to global company achievement we are proud to share LafargeHolcim success.

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