Dangote Cement achieves CDP ‘B’ rating over climate change, water security advancements

Dangote Cement growth continues, posts N690bn H1 revenue, N357.89bn in Q2

Dangote Cement Plc (DCP), Africa’s largest cement producer, has demonstrated its commitment to environmental sustainability by achieving a ‘B’ score in its disclosures related to climate change and water security, as announced in the recently released 2024 CDP results.

CDP (formerly known as the Carbon Disclosure Project) is an international non-profit organisation that collects and disseminates environmental data to drive informed decision-making among investors, businesses, governments, and municipalities, empowering them to create a more sustainable future.

CDP provides a voluntary framework for companies to report on Climate, Water Security, and Forests. It rigorously evaluates corporate environmental performance, assigning scores from A to D based on companies’ transparency, governance, and measurable actions towards sustainability. 

In this regard, Dangote Cement has been consistently reporting its environmental practices through the CDP’s voluntary reporting framework since 2018.

Dangote Cement’s proactive approach to environmental sustainability has been acknowledged in the recently released 2024 CDP results, with the company’s water security score being upgraded from ‘C’ to ‘B’.

Commenting on the development, Arvind Pathak, managing director/chief executive, Dangote Cement, stated that Dangote Cement leads in Africa as one of few businesses in six states and regions of Africa to disclose through CDP.

Pathak further noted that the 2024 score is an outcome of ongoing efforts to reduce the company’s carbon footprint, accelerate climate action and promote sustainability across its business and its value chain. 

Igazeuma Okoroba,head of sustainability at Dangote Cement, expressed gratitude to all stakeholders who aligned with the group’s Environmental, Social, and Governance (ESG) strategy overseen by the company’s board which supported the achievement of an improved rating this year. 

According to Okoroba, the latest results are evidence that the company’s contribution to create a world where people, planet and profit are truly balanced is paying off.

Affirming the company’s commitment to decarbonisation, Okoroba stated that though the latest score demonstrates DCP’s transparency on sustainability, the company’s goal is to go beyond disclosure and take meaningful action through tangible solutions, innovations, and projects to close the gap between ambition and reality.

Dangote Cement Plc is ranked sub-Saharan Africa’s largest cement producer with an installed capacity of 45.6Mta across 10 African countries and operates a fully integrated “quarry-to customer” business with activities in manufacturing, sales, and distribution of cement. 

The company stated that is on track to meet its decarbonisation targets through energy efficiency measures, adoption of supplementary cement materials, carbon offsets and other sustainable practices.

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Dangote Cement achieves CDP ‘B’ rating over climate change, water security advancements

Dangote Cement growth continues, posts N690bn H1 revenue, N357.89bn in Q2

Dangote Cement Plc (DCP), Africa’s largest cement producer, has demonstrated its commitment to environmental sustainability by achieving a ‘B’ score in its disclosures related to climate change and water security, as announced in the recently released 2024 CDP results.

CDP (formerly known as the Carbon Disclosure Project) is an international non-profit organisation that collects and disseminates environmental data to drive informed decision-making among investors, businesses, governments, and municipalities, empowering them to create a more sustainable future.

CDP provides a voluntary framework for companies to report on Climate, Water Security, and Forests. It rigorously evaluates corporate environmental performance, assigning scores from A to D based on companies’ transparency, governance, and measurable actions towards sustainability. 

In this regard, Dangote Cement has been consistently reporting its environmental practices through the CDP’s voluntary reporting framework since 2018.

Dangote Cement’s proactive approach to environmental sustainability has been acknowledged in the recently released 2024 CDP results, with the company’s water security score being upgraded from ‘C’ to ‘B’.

Commenting on the development, Arvind Pathak, managing director/chief executive, Dangote Cement, stated that Dangote Cement leads in Africa as one of few businesses in six states and regions of Africa to disclose through CDP.

Pathak further noted that the 2024 score is an outcome of ongoing efforts to reduce the company’s carbon footprint, accelerate climate action and promote sustainability across its business and its value chain. 

Igazeuma Okoroba,head of sustainability at Dangote Cement, expressed gratitude to all stakeholders who aligned with the group’s Environmental, Social, and Governance (ESG) strategy overseen by the company’s board which supported the achievement of an improved rating this year. 

According to Okoroba, the latest results are evidence that the company’s contribution to create a world where people, planet and profit are truly balanced is paying off.

Affirming the company’s commitment to decarbonisation, Okoroba stated that though the latest score demonstrates DCP’s transparency on sustainability, the company’s goal is to go beyond disclosure and take meaningful action through tangible solutions, innovations, and projects to close the gap between ambition and reality.

Dangote Cement Plc is ranked sub-Saharan Africa’s largest cement producer with an installed capacity of 45.6Mta across 10 African countries and operates a fully integrated “quarry-to customer” business with activities in manufacturing, sales, and distribution of cement. 

The company stated that is on track to meet its decarbonisation targets through energy efficiency measures, adoption of supplementary cement materials, carbon offsets and other sustainable practices.

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