Buzzi Unicem presents its 2020 Sustainability Report. Attention to environmental issues and help for the local communities for the Covid emergency: these are the topics of focus in the 2020 Sustainability Report
The 2020 edition of Buzzi Unicem’s Sustainability report was presented today.
In addition to accurate reporting of economic, environmental and social indicators, the document also provides an update on objectives and targets, in line with the policies promoted by the company.
From an economic standpoint, the financial results show an improvement on the levels achieved in 2019 despite the difficulties related to the health emergency. The company hopes that both the vaccination plans and the economic stimulus announced by governments will strengthen demand for the sector and contribute to growth.
On the environmental level, the report illustrates the Group's commitment to reducing CO2 which in absolute value, in 2020, was down mainly due to a lower production of clinker and a lower use of electricity.
The year 2021 will be crucial for the definition of new targets for the reduction of CO2 emissions in the medium term, while the goal of climate neutrality by 2050, already announced by Cembureau - the European Cement Manufacturers' Association - could also be confirmed by the end of the year by the global association GCCA (Global Cement and Concrete Association), of which Buzzi Unicem is a member. For the company this is a complex and stimulating challenge, which it does not want to shy away from.
Social performance highlights the results of good practices in terms of health and safety at work and confirms the downward trend in workplace accidents in recent years. In addition, in order to mitigate the problems related to the health emergency, the company has decided to help people in difficulty in the countries where the Group's plants operate by donating over € 3 million to provide tangible help, in collaboration with various non-profit organizations.
Lastly, the company noticed that interest in non-financial information is growing and thus reiterates its commitment to constantly improving the quality and level of detail of non-financial information.