3.3. ESG strategy, 3.3.1. Commitments and goals in the environmental area, Our commitments
We build with respect for the environment because we believe that our responsible decisions can positively shape industry standards.
We prevent climate change |
We are taking a series of measures to bring us to climate neutrality. This means, on the one hand, the need to invest in renewable sources to ensure access to clean energy, and on the other hand, it obliges us to undertake numerous projects to reduce CO2 emissions from the design stage of the project to its implementation. Accordingly, we plan to optimize our design processes to include an analysis of the reduction potentials of a given construction site, and we intend to gradually increase the share of low-emission transportation and heavy machinery in the construction process.
Our strategic goals:
2023 Aiming to source 100% of electricity from RES from the market
2026 100% of the energy produced by Budimex Group companies for Budimex comes from RES
2030 Aiming to reduce CO2 emissions from Scopes 1 and 2 by 20% (compared to 2020) [1]
2050 Achieving climate neutrality
Closing the circulation of raw materials |
We will start closing the raw material circulation by analyzing the potentials of implementing the circular model throughout the value chain so as to develop and implement a circularity policy in the next step. The resulting performance standards will apply both within the Group and in cooperation with business partners. We want to use raw materials from certified sources and those that have a lower carbon footprint. We intend to consistently increase the percentage of waste recovered, including recycling, and use raw materials that are already recycled.
Our strategic goals:
2024 Recycle and recover 70% of soil and land waste
2024 Recover at least 70% of non-hazardous waste
2025 Develop a circularity policy
2026 Perform circularity analyses for each new project
We protect resources |
At the same time, we want to increase our commitment in the field of natural resource conservation. In order to do this in an informed and responsible manner, it is essential to conduct impact analyses on water resource use and biodiversity. We aim to develop comprehensive plans to reduce our footprint in these two dimensions. We declare that we will undertake this challenging task with full commitment.
Our strategic goals:
2025 Conduct an assessment of the exposure of the company’s operations to water stress
2025 Conduct an analysis of the company’s dependence on biodiversity and the company’s impact on biodiversity
2025 Calculate the Corporate Biodiversity Footprint (CBF)[2]
2026 Strive for a Biodiversity Net Positive[3][1] The target includes a 33% reduction in emissions from the vehicle fleet and a shift to using only renewable electricity.
[2] An index that measures the scale of a company’s impact on biodiversity, developed by Iceberg Data Lab. For more information: https://www.icebergdatalab.com/solutions/biodiversity/.
[3] Id. to achieve a net positive impact on biodiversity, i.e., a state in which the company’s unavoidable negative impacts on biodiversity become less than its contribution to ecosystem restoration.