Q1 2022 & FY 2021 Results
SUSTAINABILITY LINKED BOND
REINFORCING GCC'S COMMITMENT TO DECARBONIZATION
GCC
First SLB from a cement company in the Americas, positioning GCC
at the forefront of the industry's decarbonization strategy
SUSTAINABILITY PERFORMANCE TARGET
Carbon Intensity Reduction, measured as specific net kilograms of CO2 (Scope 1)
emissions emitted per ton of cementitious material
775
746
750
744
734
725
700
675
The lesser of a 22% reduction from the 2018 baseline by year-end 2030 or the
Science Based Targets initiative-validated target
650
If the SPT isn't achieved by year-end 2030, the interest rate will increase 75 bps
625
600
SPT: The lesser of a 22% reduction from the 2018
baseline by 2030 or the SBTi-validated target
Actuals
576
FACTORS THAT SUPPORT OUR TARGET
Strong commitment from our Board of Directors on Sustainability Strategy
Increasing use of alternative fuels
• Increasing production of blended cements to reduce our clinker ratio
• Replacing use of coal for natural gas
. Optimizing use of energy
Public commitment with SBTI and KPI validation in process
575
550
2018 2019 2020
2021 2022 2023 2024
2025
2026
2027
2028
2029 2030
GCC has engaged ISS to provide a Second Party Opinion
ISS ESG (SPO) of the Framework, available in the ISS website
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