Sponsored
Business

Dangote Cement’s CDP Climate Rating Upgraded to B

Sponsored
Sponsored
Dangote Cement Plc has had its Carbon Disclosure Project(CDP) rating raised from B- to B in recognition of the cement producer’s commitment to climate change.
The rating upgrade indicates that Dangote Cement has addressed the environmental impact of its business and ensures good environmental management.
This upgrade demonstrates the continued efforts made by the company to increase its levels of non-financial disclosure and improve its sustainability reporting, said Dangote Cement in a statement.
This year, for the fourth time, Dangote Cement submitted to the CDP, one of the world’s leading research groups focused on climate change.
Dangote Cement has received two consecutive rating upgrades over the past two years and in addition to the rating upgrade, Dangote Cement is a CDP supporter.
Commenting on the announcement, Michel Puchercos, chief executive officer at Dangote, said: “We are pleased to be recognised again for the progress we are making in our environmental disclosures and sustainability. The CDP rating upgrade clearly illustrates the growth we have achieved in our commitment to transparency on climate and environmental issues. This year, our Alternative Fuel Project has reached an advanced stage and aims to leverage waste management solutions and reduce CO2 emissions. As at 9M22, we co-processed 101,553t of waste representing a 77 per cent increase over last year.

“We understand the impact of social and environmental factors on our operating environment and believe that measuring and reporting our activities transparently and consistently is a crucial component in transforming our ecosystem. At Dangote Cement, we will continue to take coordinated steps towards transparency on environmental issues.”

Dangote Cement is Africa’s leading cement producer with nearly 51.6Mta capacity across Africa.

A fully integrated quarry-to-customer producer, The cement company has a production capacity of 35.25Mta in its  home market, Nigeria.

Obajana Plant in Kogi state, Nigeria, is the largest in Africa with 16.25Mta of capacity across five lines; Ibese plant in Ogun State has four cement lines with a combined installed capacity of 12Mta; Gboko plant in Benue state has 4Mta; and Okpella Plant in Edo state has 3Mta. Through its recent investments, Dangote Cement has eliminated Nigeria’s dependence on imported cement and has transformed the nation into an exporter of cement serving neighbouring countries.

Dangote Cement has  operations in Cameroon (1.5Mta clinker grinding), Congo (1.5Mta), Ghana (1.5Mta import), Ethiopia (2.5Mta), Senegal (1.5Mta), Sierra Leone (0.5Mta import), South Africa (2.8Mta), Tanzania (3.0Mta), Zambia (1.5Mta).

 

Sponsored
Funsho Arogundade

Recent Posts

Like Father, Like Daughter! Odiuko Soludo Bags First-Class Degree, Dazzles Nottingham University

CHRISTIAN ABURIME In a dazzling display of intellectual pedigree that has sent waves of pride…

12 minutes ago

ONC Presents Prestigious Ambassador Of Peace Certificate To Senator Banigo’s Senatorial Manager

Notable Niger Delta socio-cultural group, the Orashi National Congress (ONC) has formally presented its prestigious…

44 minutes ago

Lagos Seals Over 20 Properties In Ikeja For Planning Infractions

The Lagos State Government, through the Lagos State Physical Planning Permit Authority (LASPPPA), has sealed…

1 hour ago

Comrade Dauda Intensifies Environmental Clean-Up Drive To Build A Cleaner & Healthier Ikeja ‎

‎ ‎The Executive Chairman of Ikeja Local Government, Comrade Akeem Olalekan Dauda (AKOD), on Thursday…

4 hours ago

How Responsible Borrowing Can Help You Reach Your Financial Goals By Gloria Onosode

For generations, conventional financial advice has treated debt like a trap — a final, desperate…

4 hours ago

President Tinubu Approves Four New Divisions For Nigerian Army, Recruitment of 28,000 Personnel To Strengthen National Security

President Bola Ahmed Tinubu has approved the expansion of the Nigerian Army’s structure from eight…

5 hours ago
Sponsored