BUA Cement

No leading practices were identified for this company.

No leading practices were identified for this company.

No leading practices were identified for this company.

No leading practices were identified for this company.

BUA Cement has not publicly disclosed emissions reduction targets for any of its scope 1, 2 or 3 emissions arising from its operations or its supply chain. The company should establish a long-term target aligned with a 1.5°C pathway and set intermediate targets at intervals of no more than five years to drive near-term action. Its emissions intensity rose by 1.42% from the previous year to 2022.  To align with its 1.5°C pathway, the company must achieve annual reductions of 2.35% over the next five years.

BUA Cement commits to reducing its carbon footprint but needs to develop a robust, time-bound low-carbon transition plan including financial projections and commitments, long-term actions, verifiable key performance indicators and measurable targets. Moreover, the plan should be informed by scenario analysis for a 1.5°C pathway. While BUA Cement’s risk management committee reviews environmental matters, the company should clarify who bears responsibility for climate change issues and ensure that they possess the relevant expertise. The company does not disclose the proportion of revenue from low-carbon products and lacks evidence of efforts to expand its low-carbon business models or decarbonise its activities.

BUA Cement has revealed that less than 0.1% of its total energy consumption is derived from alternative sources such as waste oil and grid electricity, indicating potential for expansion in this area. Additionally, the company has not publicly disclosed its research and development (R&D) expenditure for the past three years, nor has there been any observed activity related to the company patenting low-carbon technologies. Furthermore, there is inadequate quantitative data regarding the company’s investment in low-carbon technologies, lacking a breakdown of investment in both mature and non-mature climate technologies.

BUA Cement does not disclose its strategies for engaging with suppliers and clients to reduce emissions. The company can improve in this area by integrating emissions reduction requirements into procurement processes and disclosing its response in instances of non-compliance. Furthermore, the company does not have a policy for engaging with trade associations on climate change, including disclosing memberships and the process to review alignment in positions regarding climate policy. While there is no direct evidence of the company opposing significant climate policies, it can enhance transparency by disclosing support for such policies, committing to the Paris Agreement, and actively participating in sectoral or cross-sectoral initiatives to combat climate change.

BUA Cement has not established any emissions reduction targets or other quantified measures of decarbonisation success. Furthermore, the company has yet to formulate a vision of its business in a low-carbon future.

BUA Cement expresses a commitment to reducing its carbon footprint and addressing climate challenges. However, the absence of explicit targets and a strategy suggests that BUA Cement is not yet fully committed to the low-carbon transition.

BUA Cement’s total scope 1 emissions intensity increased by 1% in 2022, reaching 0.645 tonnes of carbon dioxide (CO2) per tonne of cementitious product compared to the previous year. Additionally, its total global scope 1 emissions increased from 3.5 to 4.24 million metric tonnes of CO2 equivalent.

BUA Cement has not disclosed its research and development (R&D) expenditure over the past three years. Quantitative data regarding the company’s investment in low-carbon technologies is also unavailable. Moreover, there is no evidence of BUA Cement initiating or expanding low-carbon business models or implementing measures to decarbonise its existing business activities.

The company lacks a low-carbon transition plan and there is no indication that it plans to develop one in the foreseeable future.

No evidence was found of the company’s commitment to social dialogue or of the categories of stakeholders the company engages with on a just transition. Furthermore, no evidence was found to demonstrate the company’s ongoing social dialogue and meaningful engagement with affected stakeholders.
No evidence was found of the company undertaking low-carbon transition planning to mitigate the social impacts of the transition on workers, affected stakeholders and its business relationships. Additionally, no evidence was found to demonstrate the company’s engagement in social dialogue and with stakeholders in its just transition planning.

No public commitment by the company was found stating its intention to create and support access to green and decent jobs as part of the low-carbon transition. Moreover, no evidence was found of the company’s action to promote these jobs in a way that ensures gender balance and inclusion of vulnerable groups.
No relevant disclosure was found of the company’s assessment of employment dislocation risks. Further, no public commitment by the company was found stating its intention to reskill and upskill workers displaced by the transition to a low-carbon economy. Additionally, no evidence was found that the company reskills and upskills workers in a way that ensures gender balance and inclusion of vulnerable groups.

No relevant disclosure was found to show if the company identifies the impacts of the low-carbon transition on social protection for workers and affected stakeholders, nor how it contributes to their social protection. Additionally, no evidence was found that the company expects its business relationships to contribute to the social protection of their workers and affected stakeholders.
No relevant disclosure was found to show how the company identifies any misalignment of its lobbying activities with policies and regulations that support the just transition, nor of the measures it takes to address misalignment. Furthermore, no evidence was found that the company lobbies for policies and regulations for green and decent job creation; retention, education and reskilling; and social protection for workers.

No company policies or commitments related to respect for human rights were found in the public domain. This includes the necessary policies and systems by which the company can ensure respect for basic human rights in its operations and supply chain. However, the company does have a grievance mechanism available to workers and affected stakeholders.

No evidence of the company’s policies or commitments related to key decent work issues was found in the public domain. These issues include the provision of safe, secure and healthy workplaces, where workers are fairly renumerated and have a meaningful say in decision-making.

No company policies or commitments related to key ethical business topics – personal data protection, tax, bribery and corruption, and lobbying and political engagement – were found in the public domain. This includes ensuring ethical business conduct throughout its operations and in its business relationships.