Climate Change

Italcementi

InfluenceMap Score
E+
Performance Band
35%
Organisation Score
50%
Relationship Score
Sector:
Cement
Head​quarters:
Bergamo, Italy

The Italcementi Group appears not to have a positive engagement with climate change policy. The corporate group seemingly recognizes the science behind the challenges that climate change presents and is a signatory of The Low Carbon Technology Partnerships Initiative, committing it to action consistent with limiting global warming to below 2 degrees. However, the group’s energy policy document posted on its website appears to support industry emission reduction targets less ambitious than IPCC recommendations. The company has made statements in support for emission trading in its 2015 CDP response which have been reflected in statements from the group’s CEO Carlo Pesenti. However, during a consultation with the EU commission over reforms to the EU ETS, FYM, (a member of the Italcementi Group), has heavily stressed the ‘irreducible’ nature of CO2 emissions in cement production to suggest that the industry receive ‘special treatment’. Correspondingly, the company opposed EU ETS reforms including the Cross Sectoral Correction Factor and the Market Stability Reserve, and advocated for a continued supply of free emission permits. In the same consultation, FYM (Italcementi Group) also appeared to oppose specific EU energy efficiency related to EU energy efficiency directive and GHG emission targets related to the EU Industrial Emissions Directive, although it did state support for renewable energy targets for the power generation sector. Despite acknowledging the need to move towards a low-carbon economy in its Energy Policy document, Italcementi’s group twitter account has promoted ‘alternative energy, including wind energy, RDF and coal’. Furthermore, the Egyptian Member of the Italcementi group, Suez Cement, has published a letter justifying the use of coal and stating that they “worked closely with the Egyptian government to prove coal energy's inherent benefits and safe use.” Italcementi is a member of the European cement association, CEMBUREAU and has disclosed its alignment with the association on climate change policy. CEMBUREAU has also opposed ETS reforms and has campaigned for free emission permits for the cement sector.

QUESTIONS SOURCES Main Web Site Social Media CDP Responses Legislative Consultations Media Reports CEO Messaging Financial Disclosures EU Register
Climate Science Transparency 1 NS NS NS NS NS NS NA
Climate Science Stance -1 1 NA -2 NS NS NS NA
Need for climate regulations NS NS NS NS 1 NS NS NA
UN Treaty Support 1 NS NS NS 1 NS NS NA
Transparency on Legislation -1 NA 0 NA NA NA NS 2
Carbon Tax NS NS NS -2 NS NS NS NA
Emissions Trading NS NS 0 -2 NS 1 NS NA
Energy Efficiency Standards NS NS NS -2 NS NS NS NA
Renewable Energy Legislation 0 NS 1 0 NS NS NS NA
Energy Policy and Mix 0 -2 NS NS -1 NS NS NA
GHG Emission Standards NS NS NS -1 NS NS NS NA
Disclosure on Relationships -2 NS 1 NA NA NA NS 1
Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK
 
36%
 
67%
 
20%
 
56%
 
74%
 
57%

How to Read our Relationship Score Map

In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.