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

Energy Tycoon Wale Tinubu Hails Shettima’s Leadership, Resilience at 60

The Group Chief Executive of Oando Plc, Jubril Adewale Tinubu, has congratulated Vice President Kashim…

3 minutes ago

African Journalists Must Spotlight Energy Solutions, Says Asharami Fellowship Lead Assessor

Professor Abigail Ogwezzy-Ndisika has called on journalists across Africa to elevate energy reporting by focusing…

16 minutes ago

Uber Exits Nigeria After 12 Years of Operation

Ride-hailing platform Uber has announced Wednesday that it is shutting down operations in two African…

2 hours ago

Senator Kalu Greets Vice President Shettima At 60

The Senator representing Abia North Senatorial District, Senator Orji Uzor Kalu, has congratulated Vice President…

3 hours ago

inDrive Introduces Free Parcel Cover for Nigerian Entrepreneurs

inDrive, a global mobility and delivery services platform, has introduced a new feature providing free…

3 hours ago

Nigeria Commits To Organisation of Islamic Cooperation, Says Minister Enikanolaiye

AFOLABI SAHEED OLAWALE The Minister of State for Foreign Affairs, Ambassador Sola Enikanolaiye, has reaffirmed…

5 hours ago
Sponsored