LafargeHolcim: Integrated Reporting in the Construction Industry
LafargeHolcim is a leading global building materials and solutions company serving masons, builders, architects and engineers all over the world. Its products are used in a range of building products from small, local affordable housing projects to large and challenging infrastructure projects.
It is aware that as a construction company it has a large environmental footprint – it extracts natural resources, emits CO2, uses energy and fresh water. However, it does also view its products as beneficial to human development and society by providing infrastructure, housing, and mobility to billions of people.
It has created four ‘sustainability pillars’, with targets, to build towards its long-term ambitions. These are: Climate and energy, with an aim to reduce CO2 emissions; Circular economy, aiming to increase the re-use of waste-derived resources; Environment, where the target is a reduction of fresh water withdrawal; and Community, which looks at the creation of shared value.
These pillars inform LafargeHolcim’s Integrated Profit and Loss statement which complements traditional financial reporting in order to measure the extent of its impact, report to stakeholders, and enhance decision-making.
This case study was prepared for the 2019 Oxford Economics of Mutuality Forum
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