Disclosure Project) named us the best company in our sector on account of our transparency and pioneering role.”155 “HeidelbergCement’s value chain includes the extraction of raw materials and their processing. The production of cement is an energy-intensive process in which carbon dioxide (CO2) and other substances are emitted. HeidelbergCement is committed to developing its business processes in a sustainable manner. This includes the continuous improvement of climate protection and emission control, the protection and promotion of biodiversity, and the economical consumption of raw materials and water.”156 “In 2018, HeidelbergCement adopted a climate policy, in addition to the Sustainability Commitments 2030, in order to underscore its commitment to climate protection and compliance with international climate goals. The objectives of the policy are: 1) reduction of CO2 emissions by 30% until 2030 compared to 1990, 2) further investments in economically feasible, innovative technologies to mitigate process-related CO2 emissions, e.g. through carbon capture and utilisation, 3) increased use of alternative fuels, especially biomass, 4) continuous improvement of energy efficiency and investments in the production of renewable electrical energy wherever economically and ecologically feasible, 5) spending 80% of the research and development budget for the development of sustainable products like low-carbon concretes. Promotion of recarbonation and recycling of concrete as well as the enhanced use of cementitious materials, 6) support of the development of construction solutions to improve energy efficiency of buildings and infrastructure.”157 “In 2019, we plan to intensify our dialogue with politics. For this purpose, we have created two public affairs manager positions located in Berlin and Brussels in order to complement the indirect representation by associations with direct contact partners of the company. As leading building materials company in Europe, we also want to demonstrate personally how our industry can contribute to solving societal challenges. A focus point will be the fight against climate change and especially our vision of carbon neutral concrete in 2050. We recognise that there is increasing stakeholder interest in the nature and role of industry associations, and the extent to which the positions of industry associations on key issues are aligned with those of member companies, especially when it comes to climate change and the goals of the Paris agreement. For this reason, we are committed to review our governance processes with respect to direct and indirect political lobbying in 2019. Specifically, HeidelbergCement AG (2018), Annual Report 2018, p. 5, available at https://www.heidelbergcement.com/en/system/files_force/assets/document/ee/ab/annual_report_2018.pdf?download =1 (last accessed on 12 September 2019). 156 Id., p. 59. 157 Id., p. 61. 155 Annex D: Corporate Statements on Climate Change and Human Rights | 40