*Dangote Cement Plc says the company has achieved a 鈥楤鈥� score in Climate Change and Water Security disclosures, according to the recently released 2024 CDP results

Alexander Davis | 绿帽献妻

Dangote Cement Plc (DCP) says the company has achieved a 鈥楤鈥� score in climate change and water security disclosures according to the recently released 2024 CDP results.

CDP (formerly Carbon Disclosure Project) is the world鈥檚 largest, most comprehensive dataset on environmental action which empowers investors, companies, cities, and national and regional governments to make earth-positive decisions.

Dangote Cement said the company had disclosed its environmental practices annually through the CDP since 2018.

CDP provides a voluntary framework for companies to report on Climate, Water Security, and Forests.

According to Dangote, it rigorously evaluates corporate environmental performance, assigning scores from A to D based on companies鈥� transparency, governance, and measurable actions towards sustainability.

Following the release of company scores in February, Dangote Cement鈥檚 score on water security which was C was upgraded to B.

Similarly, the company鈥檚 commitment to supporting a climate resilient future was also demonstrated in its climate change score of B in 2024.

Mr. Arvind Pathak, Managing Director/Chief Executive of Dangote Cement, speaking on the new rating, said: 鈥楧angote Cement leads in Africa as one of few businesses in six states and regions of Africa to disclose through CDP.鈥�

He further stated that 鈥榯he 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鈥�.

Dr. Igazeuma Okoroba, Head of Sustainability at Dangote Cement, in her remarks expressed gratitude to all stakeholders who aligned with the Group鈥檚 Environmental, Social, and Governance (ESG) strategy overseen by the company鈥檚 Board which supported the achievement of an improved rating this year.

She stated that 鈥榯his year鈥檚 results are evidence that our contribution to create a world where people, planet and profit are truly balanced is paying off.鈥�

Affirming the company鈥檚 commitment to decarbonisation, Dr Igazeuma stated that 鈥楢lthough this year鈥檚 score demonstrates our transparency on sustainability, DCP鈥檚 goal is to go beyond disclosure and take meaningful action through tangible solutions, innovations, and projects to close the gap between ambition and reality.鈥�

Dangote Cement Plc is sub-Saharan Africa鈥檚 largest cement producer with an installed capacity of 45.6Mta across 10 African countries and operates a fully integrated 鈥渜uarry-to customer鈥� 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.

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