2021 INTEGRATED ANNUAL REPORT
BECOMING THE GLOBAL LEADER IN INNOVATIVE AND SUSTAINABLE BUILDING SOLUTIONS
With our record 2021 performance we delivered what we promised under "Strategy 2022 - Building for Growth" one year in advance. With "Strategy 2025 - Accelerating Green Growth," we have begun our journey to become the global leader in innovative and sustainable building solutions and reach net zero by 2050.
Cover image: Amazon's iconic headquarters in Seattle, where ECOPlanet delivered an 80% CO₂ reduction
STRATEGIC REVIEW | GOVERNANCE | MD&A | FINANCIAL INFORMATION |
BUILDING A
GREENER WORLD
34-45
Leading the way in green building solutions
DELIVERING WHAT
WE PROMISED
48-53
Strong foundations for our next era of growth
EXPANDING
POSSIBILITIES
56-71
Expanding Solutions & Products and innovation
CONTENTS
STRATEGIC REVIEW | |
2021 RECORD FINANCIAL PERFORMANCE | 6 |
CHAIRMAN'S STATEMENT | 8 |
CEO'S Q&A | 10 |
KEY ACHIEVEMENTS IN 2021 | 12 |
MEGATRENDS AND OPPORTUNITIES | 14 |
STRATEGY 2025 | 16 |
SUSTAINABILITY | 20 |
OUR BUSINESS SEGMENTS | 22 |
MEET THE LEADERSHIP TEAM | 24 |
BUSINESS MODEL | 26 |
MATERIAL PRIORITIES | 28 |
OUR GLOBAL PRESENCE | 30 |
BUILDING A GREENER WORLD | |
DECARBONIZING THE BUILT ENVIRONMENT | 34 |
FOUR LEVERS TO GREEN AND CIRCULAR | |
CONSTRUCTION | 36 |
UNDERSTANDING OUR CO₂ FOOTPRINT | 40 |
NATURE | 42 |
PEOPLE | 44 |
DELIVERING WHAT WE PROMISED | |
A NEW LEVEL OF STRENGTH | 48 |
LEADING CEMENT'S | |
GREEN TRANSFORMATION | 50 |
ATTRACTIVE BUSINESS FUNDAMENTALS | 51 |
THE GREEN CONCRETE COMPANY | 52 |
EXPANDING POSSIBILITIES | |
SEIZING THE OPPORTUNITIES AHEAD | 56 |
EXPANDING SOLUTIONS & PRODUCTS | 58 |
THE FUTURE OF BUILDING | 60 |
EMPOWERING OUR PEOPLE | 66 |
HEALTH, SAFETY AND ENVIRONMENT | 68 |
THE HOLCIM FOUNDATION | 70 |
SUMMARY FINANCIAL INFORMATION | |
CAPITAL MARKET INFORMATION | 74 |
CONSOLIDATED STATEMENTS | 78 |
HOLCIMIntegrated Annual Report 2021 | 1 |
Strategy 2025 is off to a fast start. We're acquiring market leaders in the US, France and beyond to strengthen our footprint in the most attractive construction segments, from roofing systems to insulation and renovation.
MALARKEY ROOFING PRODUCTS
In December 2021 we agreed to acquire Malarkey Roofing Products, a leader in the US residential roofing market. With projected 2022 net sales of USD 600 million, Malarkey offers a track record of double-digit growth in the highly profitable USD 19 billion US residential roofing market.
2 | HOLCIMIntegrated Annual Report 2021 |
STRATEGIC REVIEW | GOVERNANCE | MD&A | FINANCIAL INFORMATION |
EXPANDING SOLUTIONS & PRODUCTS
PRB GROUP
In January 2022 we entered into an agreement to acquire PRB Group, France's biggest independent manufacturer of specialty building solutions with estimated 2022 net sales of EUR 340 million. PRB Group offers a broad range of high performance building solutions, from coatings and insulations to adhesives and flooring systems with advanced energy-efficiency and renovation solutions.
HOLCIMIntegrated Annual Report 2021 | 3 |
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Holcim AG published this content on 25 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 February 2022 06:01:04 UTC.