Construction / Real Estate

Holcim sustainability score: 29/100

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About Holcim

Holcim is a Swiss multinational cement, aggregates, and ready-mix concrete producer, founded in 1912 and headquartered in Zug. With 2022 revenue of CHF 29.2 billion, it operates across 44 markets and is among the world's largest construction materials companies.

More about Holcim

The sector is carbon-intensive; cement production alone accounts for ~8% of global CO2 emissions.

Founded 1912Head office Zug, SwitzerlandStaff ~45,000Revenue ~CHF 16.2BWebsite ↗

Our verdict

Holcim reports comprehensive emissions data and leads in construction waste recycling, but relies overwhelmingly on intensity targets that mask stagnant absolute emissions and hide reliance on unproven CCUS technology. The Lafarge Syria terrorism financing case ($778M fine, ongoing French trial), the admitted climate lawsuit, and the Mormont quarry conflict expose fundamental tensions between extraction-based business models and credible sustainability.

Holcim scores 29/100 (Significant gaps) on SINK's independent climate assessment, scored from public data only. Scores are free. Companies can never pay for anything about their own score. Last verified May 2026.

That places Holcim joint 706th of 934 companies scored, and joint 24th of 27 in Construction / Real Estate.

The ten questions

What is Holcim doing well, and where does it fall short?

Strongest on Carbon Footprint: Operations and Carbon Footprint: Supply Chain (8/10, 7/10). Weakest on Controversies & Red Flags and Emissions Trajectory (2/10, 3/10).

What's missing

Where Holcim lost points

For each question that lost points, the evidence our public rubric looks for that we didn't find.

  • Emissions from its own operations8/10No verified figures published with their method and a falling trend.
  • Emissions from its supply chain7/10No full value-chain map or supplier engagement programme.
  • Whether its emissions are falling3/10No evidence its emissions are falling, not even from energy bills or mileage.
  • How clean its energy is4/10Less than half its energy shown to be renewable, or no transition plan.
  • Its effect on nature6/10No verified restoration beyond its own footprint, or supply chain not mapped for nature risk.
  • How it uses materials and handles waste6/10No verified figures for reuse and recycling across the business.
  • Its effect on water6/10No water stewardship programme or verified fall in water use.
  • Its climate targets5/10Its targets aren't science-based or committed to the Science Based Targets initiative.
  • How openly it reports7/10No annual impact report, or no pay linked to climate targets.
  • Its record on controversies2/10Points deducted for controversies or its business model. The finding is under question 10.

A score changes when the evidence does. We use new published evidence at the next rescore. Anyone can send us new evidence, free. How to send it.

The calculation

How is Holcim's SINK score calculated?

Same ten questions for every company. No private weighting.

SINK = (0.3 × Base + 0.7 × Performance) × Scale
Industry base impact
Construction / Real Estate sector ceiling.
35 / 100
Performance score
Sum of the ten questions, each scored 0 to 10.
54 / 100
Raw score
Weighted average before scale penalty.
(0.3 × 35) + (0.7 × 54) = 48.3
Scale penalty
Multiplier based on total emissions. Bigger polluters lose more.
× 0.6
Final score
Rounded. Significant gaps.
29 / 100
Where the evidence comes from

What evidence is Holcim's score based on?

21 sources used in this assessment. All publicly available. Each row shows which of the ten questions it informed.

48% of them were published by Holcim itself; the rest come from independent sources.

Scored on 4 April 2026 under an earlier version of our method. We're re-checking it under the current method.

11 of 21 sources are independent of the company.

[1]Independent source
Tracenable — Holcim GHG Emissions
Unknown
Q1Q2
View →
[2]Self-reported
Holcim Climate Report 2024
2025
Q1
View →
[3]Independent source
FIR/ACT Assessment: Say on Climate Holcim
Unknown
Q2Q3Q8
View →
[4]Independent source
Tracenable — Holcim Climate Targets
Unknown
Q3Q8
View →
[5]Independent source
Friends of the Earth — Pari Island Against Holcim
Ongoing
Q3
View →
[6]Self-reported
Holcim Sustainability Hub
Ongoing
Q3Q7
View →
[7]Self-reported
Holcim — Shifting Renewable Energy
Unknown
Q4
View →
[8]Self-reported
Iberdrola Press Release: Strategic Partnership with Holcim
Unknown
Q4
View →
[9]Self-reported
Holcim — Decarbonizing Building: Green Operations
Unknown
Q4
View →
[10]Independent source
ESG Today — SBTN-Validated Nature Targets
Unknown
Q5Q7
View →
[11]Third-party verified
SBTN Pilot Case Study — Holcim
Unknown
Q5
View →
[12]Independent source
Trellis — Holcim Nurturing Nature at 800 Limestone Quarries
Unknown
Q5
View →
[13]Self-reported
Holcim — Environment, HSE, Sustainability
Ongoing
Q6
View →
[14]Self-reported
Holcim Non-Financial Matters Report 2024
2025
Q6
View →
[15]Self-reported
Holcim — Water Sustainability
Ongoing
Q7
View →
[16]Self-reported
Holcim — Media Release: SBTi Validation
Unknown
Q8
View →
[17]Self-reported
Holcim — ESG Policies, Documents, Reports
Ongoing
Q9
View →
[18]Independent source
Ethos Fund — Holcim AGM 2023 Assessment
2023
Q9
View →
[19]Public record
ECCHR — Zuger Gericht erklärt Klimaklage gegen Holcim für zulässig
2025
Q10
View →
[20]Independent source
ECCHR — Lafarge in Syria: Accusations of Complicity
Ongoing
Q10
View →
[21]Independent source
InfluenceMap — LaFarge Lobbying Profile
Unknown
Q10
View →

If you believe a source has been misread or a newer version exists, submit a challenge.

For Holcim

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    Holcim: SINK sustainability score 29/100.

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Holcim in context

How does Holcim compare with other construction / real estate companies?

Where Holcim sits among construction / real estate peers.

Among the 27 major construction / real estate brands we've scored, Holcim is tied =24th of 27, with 2 others.

=24/27
Holcim's rank
42
Industry average
27
Industry low
60
Industry high
See all 27 in Construction / Real Estate →
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