China Resources Building Materials Technology

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.

CRBMT does not report any emissions reduction targets. The company began disclosing its scope 1 and 2 emissions in 2020 and has seen a moderate decline in its scope 1 and 2 emissions intensity in the last three years. However, this decline in emissions intensity does not align with the company’s 1.5°C pathway. CRBMT should develop short- and long-term targets that align with a 1.5°C pathway and cover its scope 1, 2 and 3 emissions.

Although CRBMT has implemented board-level oversight of climate change, there is no evidence that its board has adequate climate expertise. The company does not offer climate-related incentives. Moreover, there is no evidence that the company has a low-carbon transition plan or that it uses climate scenario analysis in its business plans. The company is expanding its activities in low-carbon business models, such as low-carbon optimisation of the construction sector.

CRBMT claims to use municipal solid waste and alternative biomass to partially substitute coal for its cement production. There is, however, no evidence that the company has disclosed the share of alternative fuels it has used in the last years. The company reported an expenditure of USD 47.5 million in R&D in 2022. However, it does not disclose what proportion of its R&D expenditure is invested in low-carbon technologies

CRBMT has not set out a strategy to influence its clients and suppliers to reduce emissions. Furthermore, the company does not publicly publish a policy for engagement with trade associations. In addition to implementing supplier and client strategies for emissions reduction, the company can increase its credibility and transparency by publishing a list of trade associations it is a member of.

CRBMT should include emissions reduction targets in the list of targets it has set out related to environmental protection. Furthermore, the company should consider both short- and long-term targets, to show its commitment to the challenges posed by the sectoral low-carbon transition.

CRBMT reports contributing to sectoral efforts to decarbonise global cement production. Its limited disclosure, however, does not clearly show if the company has a consistent approach regarding its low-carbon strategy.

In the last years, CRBMT has shown a moderate decrease in the scope 1 and 2 emissions intensity related to its cement production. However, the company does not clearly explain the reasons behind this reduction, such as whether this is the result of measures taken by the company.

CRBMT currently deploys new generation technologies to reduce its energy consumption, leading to lower coal intensity for its cement production. The company also invests in R&D to contribute to the sectoral low-carbon transition.

CRBMT should better highlight how it intends to collaborate with stakeholders from its value chain. The company should also clearly present its objectives related to the decarbonisation of its activities, the foreseen evolution of its business models and the financial investments required for its low-carbon transition.

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.

The company discloses some indicators of workforce diversity, such as the age and gender of its workforce by employee category. However, no other 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.