Dangote Cement Achieves Higher CDP Ratings for Climate Change
Dangote Cement Plc (DCP) has achieved a ‘B’ score in climate change and water security disclosures according to the recently released 2024 CDP results.
CDP, formerly Carbon Disclosure Project, is the world’s largest, most comprehensive dataset on environmental action which empowers investors, companies, cities, and national and regional governments to make earth-positive decisions.
Dangote Cement has disclosed its environmental practices annually through the CDP since 2018, a platform that 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.
Following the release of company scores in February, Dangote Cement’s score on water security which was C was upgraded to B. Similarly, the company’s commitment to supporting a climate resilient future was also demonstrated in its climate change score of B in 2024.
Managing Director/Chief Executive, Dangote Cement, Mr. Arvind Pathak speaking on the new rating said, ‘Dangote Cement leads in Africa as one of few businesses in six states and regions of Africa to disclose through CDP.’
He further stated that ‘the 2024 score is an outcome of ongoing efforts to reduce our carbon footprint, accelerate climate action and promote sustainability across our business and its value chain’.
The Head, Sustainability, Dangote Cement, Dr. Igazeuma Okoroba in her remarks 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.
She stated that ‘this year’s results are evidence that our contribution to create a world where people, planet and profit are truly balanced is paying off.’
Affirming the company’s commitment to decarbonisation, Dr Igazeuma stated that ‘Although this year’s score demonstrates our transparency on sustainability, DCP’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 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 is on track to meet its decarbonisation targets through energy efficiency measures, adoption of supplementary cement materials, carbon offsets and other sustainable practices. #Dangote Cement Achieves Higher CDP Ratings for Climate Change#
