HeidelbergCement and Equinor sign a memorandum of understanding on CO2 capture and storage

On 5 September, the Chairman of the Managing Board of HeidelbergCement, Dr. Bernd Scheifele, and the state-owned Norwegian energy Group Equinor signed a memorandum of understanding on the capture and storage (CCS) of CO2 at an international energy conference in Oslo. Since 2011, HeidelbergCement’s Norwegian subsidiary Norcem has been running a project dedicated to CO2 storage in the cement industry at its Brevik cement plant. The CCS project “Northern Lights”, which includes the project at the Brevik cement plant, has been initiated by the Norwegian government in three different industry…

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HeidelbergCement first cement company to receive approval for science-based CO2 reduction targets

Following a thorough validation procedure, HeidelbergCement’s CO2 reduction targets 2030 have been successfully assessed against the Science Based Targets initiative’s (SBTi) criteria. This makes HeidelbergCement the first company in the cement sector, and one of currently only about 200 companies worldwide, to have approved science-based targets. The SBTi independently assesses and validates corporate emissions reduction targets against the latest climate science: Targets adopted by companies to reduce greenhouse gas (GHG) emissions are considered “science-based” if they are in line with the goals of the Paris Agreement – to limit global…

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