Holcim joins Circularity Task Force at COP28

Holcim has become a founding member of the Sustainable Markets Initiative’s (SMI) Circularity Task Force, launched at COP28 in Dubai.

This task force aims to close ‘essential material loops’ to advance climate action, while preserving nature’s resources and planetary boundaries. 

In a statement the company said the move “adds to Holcim’s leadership in circular construction, a driver of [our] decarbonization journey, which includes the goal of recycling more than 10 million tons of construction demolition materials by 2025.”

The Circularity Task Force is aligned with the Terra Carta charter putting nature, people and planet at the heart of global value creation through real economy action.

Jan Jenisch, chairman and CEO of Holcim said: "With our world’s rising population and urbanization, we need to build better with less to raise living standards for all while preserving nature. Circularity is a gamechanger to make this happen at scale. At Holcim we are driving circular construction across all metropolitan areas where we operate to build cities from cities, recycling construction demolition materials into new building solutions. I am excited to be joining like-minded organizations to accelerate the shift to a more circular future together."

By building cross-sector collaboration, Holcim together with the other founding members of the Circularity Task Force - Gemini Corp, Dubai Airports, Investcorp, and LGT Group - will champion tangible, scalable and sustainable circular business practices, while raising awareness about supportive regulatory frameworks. 

Holcim recycles nearly 7 million tons of construction demolition materials each year into new building solutions. That represents over 1,000 truckloads of materials every day. Accelerating this pace, in Europe alone, Holcim aims to recycle over 20 million tons of Construction Demolition Materials by 2030, by scaling up its ECOCycle circular technology to reach 150 sites in Europe by 2030. 

With its ECOCycle circular technology, Holcim can recycle 100% of construction demolition materials across a broad range of applications, from decarbonized raw materials in low-carbon cement formulation, to recycled aggregates in circular concrete. Its ECOCycle circular technology enables concrete, cement and aggregates to contain from 10% to 100% recycled construction demolition materials inside with no compromise in performance, while reducing their environmental footprint.