Strategy

Cementir reaffirmed its commitment to achieving net‑zero emissions by 2050 and updated its 2030 Roadmap, which outlines sustainability targets aligned with the United Nations Sustainable Development Goals. These targets are integrated into the management incentive system and cascaded across every production site.

In grey cement, the Group aims to reduce gross Scope 1 emissions to 418 kg of CO₂ per ton by 2030 (‑42% compared to 2020), a level below the threshold set by the European Taxonomy (460 kg/ton). For white cement — a niche product used in specific applications — the 2030 target is 730 kg of CO₂ per ton, representing a 20% reduction versus 2020.

Key levers to achieve these targets include reducing the clinker content in cement; developing low‑carbon cements such as FUTURECEM® and D‑Carb®; and expanding blended cements based on supplementary cementitious materials such as fly ash, pozzolana and slag. Additional drivers include the increasing use of alternative fuels and alternative energy sources, optimisation of thermal efficiency, and the recycling and reuse of materials.

A key element of the decarbonisation plan is the implementation of carbon capture and storage (CCS) technology in Aalborg, Denmark, through the ACCSION project — Cementir’s first CCS initiative and one of the largest onshore carbon capture and storage systems in Europe — which will become operational in 2030. Once fully operational, it is expected to reduce CO₂ emissions by approximately 1.5 million tons per year.

On indirect Scope 2 emissions, the Group has initiated a progressive decarbonisation plan for energy procurement to increase the use of renewable electricity, through long‑term power purchase agreements (PPAs) as well as wind and/or solar installations at its sites.

Regarding Scope 3, Cementir is strengthening engagement across its supply chain, promoting the integration of carbon‑footprint criteria into supplier selection and qualification processes, and encouraging lower‑impact solutions in the most significant purchasing categories, including initiatives in transport and logistics.

Over the 2026–2028 period, the Group expects to invest approximately EUR 77 million in sustainability projects, including: the installation of wind turbines in Belgium, upgrades to FUTURECEM® production facilities, the transition to natural gas at plants in Denmark and Belgium, increased use of alternative fuels in Türkiye and their introduction in Malaysia and China, as well as feasibility studies for a CO₂‑capture project in Belgium.

The capex for the ACCSION project (CCS in Denmark) has been included in the Industrial Plan for EUR 16 million in 2026.

The Group promotes a strong safety culture, with a ‘Zero Accidents’ objective, through dedicated training and awareness programs for its employees. Cementir prioritises human capital development and the creation of an inclusive working environment that values diversity, skills, and individual potential.

Key people development initiatives include the Cementir Academy, managerial development programmes, continuous training, and performance management systems. The Group also strengthens global identity and integration by enhancing the sense of belonging to the One Group through employer‑branding activities and tools such as the people survey. At the same time, Cementir continues to improve organisational effectiveness and operational agility, supporting a structure that is increasingly responsive, efficient, and results‑oriented.
 

The Group is strongly committed to product innovation, with the goal of developing low‑impact solutions, new low‑carbon cements, and other high value‑added sustainable products such as FUTURECEM®, which reduces the clinker content in cement and therefore lowers CO₂ emissions by around 30%, and D‑Carb® for white cement. The Group promotes low‑carbon cements and ready‑mix concrete equipped with Environmental Product Declarations (EPDs) verified by accredited certification bodies. It also aims to increase the share of sustainable products, including recycled concrete and aggregates, supporting a circular‑economy model.
Through the adoption of digital technologies — including artificial‑intelligence solutions across production, commercial activities and the supply chain — the Group aims to further enhance operational efficiency, improve customer experience, and accelerate digitalisation.
 

The Group is continuing to implement a series of initiatives to further enhance profitability and operational excellence, including process digitalisation, preventive and predictive maintenance, advanced production‑control systems, smart logistics, warehouse optimisation, and integrated digital sales planning. These measures aim to streamline operations, reduce costs, and strengthen the Group’s overall competitiveness.

Cementir continues to combine organic growth, strategic acquisitions and targeted investments in key markets. The Group is strengthening vertical integration and its competitive positioning in the Nordic & Baltic, Belgium and Türkiye regions through bolt‑on acquisitions and the rationalisation of its production footprint. It is also further consolidating its global leadership in white cement through targeted actions in strategic markets. The solid financial position enables the Group to assess additional external growth opportunities in its core business.