Legal & General’s Post

[🔍Did you know] Cement and concrete production account for around 8 percent of global CO2 emissions? 🌎   ♻️ Our portfolio company, Fortera, is making an impact to reduce these statistics and their work was recently shared by the World Economic Forum!    💡 Learn more about how Fortera is working to reduce CO2 with their sustainable cement process ⬇️   #cement #sustainability #reduceemissions #CO2 #startups #corporateventure

Carbon Upcycling Technologies Partners with Portland Cement Association to Drive Industry Decarbonization 𝗞𝗲𝘆 𝗣𝗼𝗶𝗻𝘁𝘀: - Carbon Upcycling Technologies joins forces with the Portland Cement Association to advance decarbonization in the cement industry. - The collaboration aims to integrate innovative carbon capture and utilization technologies into cement production. - This partnership supports the cement industry's commitment to reducing carbon emissions and achieving sustainability goals. - The initiative is a significant step towards transforming cement manufacturing into a greener and more sustainable process. https://lnkd.in/g5NVxDGP #CarbonUpcycling #PortlandCementAssociation #Decarbonization #CementIndustry #CCUS #Sustainability #GreenCement #CarbonReduction #CleanTech #ClimateAction #CarbonCapture #SustainableConstruction #IndustryInnovation #EnvironmentalImpact #NetZero

Carbon Upcycling Technologies Partners with Portland Cement Association to Drive Industry Decarbonization 𝗞𝗲𝘆 𝗣𝗼𝗶𝗻𝘁𝘀: - Carbon Upcycling Technologies joins forces with the Portland Cement Association to advance decarbonization in the cement industry. - The collaboration aims to integrate innovative carbon capture and utilization technologies into cement production. - This partnership supports the cement industry's commitment to reducing carbon emissions and achieving sustainability goals. - The initiative is a significant step towards transforming cement manufacturing into a greener and more sustainable process. https://lnkd.in/gsQTUC9D #CarbonUpcycling #PortlandCementAssociation #Decarbonization #CementIndustry #CCUS #Sustainability #GreenCement #CarbonReduction #CleanTech #ClimateAction #CarbonCapture #SustainableConstruction #IndustryInnovation #EnvironmentalImpact #NetZero

The challenge that the Sarajevo-born Australian will face from May as the chief executive of Swiss cement giant Holcim will be much the same: figuring out how to slash the carbon footprint of the most widely consumed man-made material without altering its fundamental nature as a cheap binding agent. ...The US revival for infrastructure leading to the decision to split its business has underscored Holcim’s existential need to decarbonise. Shorn of its fastest-growing business, which contributed $11 billion in net sales, about 40% of the group, the fortunes of Holcim and of Gutovic will be made or broken by its slower growth but higher-margin sustainable-cement business in Europe. Gutovic, who has overseen the European business for the past five years, has also led the group’s decarbonisation push. “We are working on decarbonising Holcim, the construction industry, making our cities more sustainable and we are also driving circular construction,” he said last month at the World Economic Forum in Davos. To that end, the company has innovated and promoted low-carbon products as well as selling off some of its more polluting core cement assets, particularly in emerging markets. Clay is still on the agenda for Gutovic as a less carbon-intensive cement ingredient. Last year the cement group launched what it said was Europe’s first production line of “calcined clay” for use in cement. Despite Gutovic’s efforts to refocus Holcim’s business, the negative impacts of the legacy business will be hard to avoid. https://lnkd.in/e5VFCHVd

START-UPS OF THE WORLD UNITE🧑💼👩💼♻️💡💭: Nearly 100 tech start-ups from across the globe have applied for a pioneering international programme that offers the chance to work with leading cement and concrete manufacturers on decarbonising the world’s most used man-made materials. The Innovandi Open Challenge is run by the GCCA – Global Cement and Concrete Association (GCCA), an international body that is working with leading manufacturers on the industry’s net zero mission. Developing new technologies is key to the industry’s net-zero roadmap. Carbon capture, use and storage technology -- the focus of this year’s challenge, is expected to account for around 36% of all planned cement industry CO2 emission reductions by 2050.    Thomas Guillot, the GCCA’s Chief Executive, said: “There are already more than 100 CCUS cement industry pilots, projects and announcements in the pipeline across the world – with the world’s first commercial-scale carbon capture and storage plant set to complete later this year. Innovation will help our industry to deploy this technology further and faster.” Simon Thomson Andrew Minson Claude Lorea #innovation #cement #concrete #decarbonisation #netzero

Groundbreaking Carbon Neutral Asphalt Material, Sustainability, Biogenic Bitumen, Carbon Negative Aggregate - For Construction Pros Groundbreaking Carbon Neutral Asphalt Material, Sustainability, Biogenic Bitumen, Carbon Negative Aggregate  For Construction Pros

🌍 Innovating for a Sustainable Future: Greening Cement Production 🌱 Cement production is responsible for about 8% of global CO2 emissions, making it one of the most carbon-intensive industries. However, exciting innovations are paving the way for greener alternatives! Here are some cutting-edge advancements in sustainable cement production: 🔹 Alternative Binders: Utilizing industrial by-products like fly ash and slag can significantly reduce CO2 emissions during cement production. 🔹 Carbon Capture and Storage (CCS): Implementing CCS technology captures CO2 emissions before they are released, which can then be stored or reused. 🔹 Energy Efficiency: Upgrading kilns and adopting energy-efficient technologies can reduce energy consumption and emissions. 🔹 Alternative Fuels: Replacing fossil fuels with biomass and waste-derived fuels lowers the carbon footprint of cement production. 🔹 Low-Carbon Clinker: Developing clinkers that require less energy and emit fewer emissions is another step toward sustainability. A great example is a French startup featured by Deutsche Welle, which has developed methods to drastically cut the CO2 footprint of cement. Learn more about these innovations here: DW Video on Greening Cement. Together, these strategies are helping to transform the cement industry into a more sustainable sector, contributing to global efforts to combat climate change. 🌏✨ https://lnkd.in/e3pEnXEY #Sustainability #GreenEngineering #CementProduction #Innovation #ClimateAction

🌆 We are very excited to announce our investment into Cambridge Electric Cement, a University of Cambridge spinout who are decarbonising cement by recycling concrete. Concrete is the most widely used material on earth after water, and is responsible for up to 8% of global CO2 emissions. Concrete itself is made up of around 10-15% cement, water, and aggregate (sand, gravel, crushed stone). The cement and water mix to harden and bind the aggregate together. It is the production of Portland cement that is responsible for the majority of the emissions. The source of emissions are two-fold. Portland cement is made up of lime (CaO), which itself is made by heating limestone (CaCO3) to >1450°C in a limestone kiln and for every tonne of lime produced, 0.8 tonnes of CO2 are released. The high temperatures required for this calcination are provided by natural gas – which itself releases CO2 when burned. Cambridge Electric Cement’s breakthrough allows them to dramatically reduce both of the sources of emissions. Their technology - first published in Nature - exploits the high temperature of electric arc furnaces used in steel recycling to reactivate recycled cement. Using recycled cement decarbonises the calcination emissions, whilst using renewable power for the furnace decarbonises the emissions for heat. And in replacing the flux typically used in EAFs (also emissions-intensive to produce as it is usually lime) they are reducing the emissions of steel production at the same time. CEC builds upon the Innovate UK-funded £6.5m 'Cement 2 Zero' industrial demonstrator project, with a consortium including industrial partners AtkinsRéalis, Balfour Beatty plc, CELSA GROUP, Day Group Ltd, Tarmac, and the Materials Processing Institute where the technology has been proven in a 7-tonne EAF. CEC are a spin-out from the University of Cambridge, led by an exceptional founding team of Bill Yost, Poppy Brewer and academic founders Cyrille Dunant, Prof. Julian Allwood and Dr Philippa Horton. This £2.25m investment round, led by ZCC, will enable CEC to industrialise production of its sustainable cement at Celsa Steel UK’s EAF facility in Cardiff, deliver a real-world construction demonstrator, and advance offtake agreements with partners and customers. Cambridge Enterprise Ventures, Legal & General, Parkwalk Advisors, Delph25 and Almanac Ventures are also participating in the round. Following the round, ZCC's Pippa will join CEC as an Investor Director. This is our second investment in the cement space, following our investment into Biozeroc's preseed round in 2022. Biozeroc are using limestone-producing bacteria to replace cement completely. More about why we invested: https://lnkd.in/ejryghMP Press release from CEC: https://lnkd.in/ecnkHeEz Photo: BBC

What’s next for our ACT #technology? ✅ The European Technical Assessment (ETA) is a critical step towards CE marking for our #LowCarbon cement technology and provides ACT a route to full commercialisation by 2026.   With the latest data from the Copernicus ECMWF revealing that the critical 1.5C threshold has been breached for the first time across a full year, we cannot wait any longer to tackle #ClimateChange.    For the #cement industry which is considered hard-to-abate, oven-ready technology like Ecocem’s ACT means decarbonising at speed and scale is really possible now.    “The industry’s carbon transition just got easier, cheaper and faster. Now, the challenge is to policy makers, investors and the industry to support the acceleration of this ground-breaking opportunity. The cement industry no longer faces the prospect of severe rationalisation, huge investment costs and constraints on its ability to decarbonise at speed.” - Donal O’Riain, Founder and Managing Director ✅ https://lnkd.in/dBGTHHaq #FutureOfCement #Decarbonisation #SustainableConstruction #AdvancingNetZero

🌍 𝐃𝐢𝐝 𝐲𝐨𝐮 𝐤𝐧𝐨𝐰 𝐭𝐡𝐚𝐭 𝐭𝐡𝐞 𝐜𝐞𝐦𝐞𝐧𝐭 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲, 𝐰𝐡𝐢𝐥𝐞 𝐛𝐮𝐢𝐥𝐝𝐢𝐧𝐠 𝐨𝐮𝐫 𝐰𝐨𝐫𝐥𝐝, 𝐚𝐥𝐬𝐨 𝐜𝐨𝐧𝐭𝐫𝐢𝐛𝐮𝐭𝐞𝐬 𝐭𝐨 𝟕% 𝐨𝐟 𝐠𝐥𝐨𝐛𝐚𝐥 𝐜𝐚𝐫𝐛𝐨𝐧 𝐞𝐦𝐢𝐬𝐬𝐢𝐨𝐧𝐬? The cement industry plays a vital role in modern construction, but it's also a major contributor to global carbon emissions. Responsible for approximately 7% of global CO2 emissions, the production of cement involves energy-intensive processes and chemical reactions that release significant amounts of carbon dioxide. 🌱 As we strive for a more sustainable future, innovation in cement production is crucial. From adopting alternative materials and fuels to investing in carbon capture technologies, the industry must pivot towards greener practices. 🔍 Collaboration, research, and a commitment to sustainability will be key in reducing the carbon footprint of this essential sector. #sustainability #climatechange #cementindustry #carbonemissions #esg #greenconstruction #treeofwisdom