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Dangote Cement Achieves Higher Rating for Climate Change and Water Security

Dangote Cement Achieves Higher Rating for Climate Change and Water Security

 

By Aliu Joshua

 

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Dangote Cement Plc has achieved a “B” score in climate change and water security disclosures, according to the recently released 2024 CDP results. This upgraded rating demonstrates the company’s commitment to transparency, governance, and measurable actions towards sustainability.

 

The Managing Director and Chief Executive of Dangote Cement, Mr. Arvind Pathak, emphasized the company’s leadership in environmental disclosures across Africa. He noted that Dangote Cement is one of the few businesses in six African regions to disclose through CDP.

 

The company’s score on water security was upgraded from “C” to “B”, while its climate change score remained strong at “B”. This achievement is seen as a testament to Dangote Cement’s ongoing efforts to reduce its carbon footprint, accelerate climate action, and promote sustainability across its business and value chain.

 

The Head of Sustainability at Dangote Cement, Dr. Igazeuma Okoroba, expressed gratitude to all stakeholders who aligned with the company’s Environmental, Social, and Governance (ESG) strategy. She stated that this year’s results are evidence that Dangote Cement’s contribution to creating a world where people, planet, and profit are truly balanced is paying off.

 

The development is seen as a significant step forward for Dangote Cement, which has been at the forefront of promoting sustainability and environmental stewardship in the cement industry. The company’s commitment to transparency and accountability has earned it recognition as a leader in environmental disclosures across Africa.

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Industry stakeholders have welcomed the news, citing the need for more companies to follow Dangote Cement’s lead in promoting sustainability and environmental stewardship. They noted that the company’s achievement is a testament to the importance of transparency and accountability in driving sustainable business practices.

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