Hoffmann Certifies and Values Its Carbon Credits With Its Partner Inuk
06 Décembre 2022 - 6:13PM
Business Wire
Jérôme CARON, Chief Financial Officer of
Hoffmann Green, introduces in video the principles and challenges
of carbon credits for the Company
Regulatory News:
Hoffmann Green Cement Technologies (ISIN: FR0013451044, Ticker:
ALHGR) (“Hoffmann Green Cement” or the “Company”), an industrial
player committed to decarbonizing the construction sector that
designs and distributes innovative clinker-free cement, announces
the signing of a partnership with Inuk to certify and value its
carbon credits.
With the aim of moving towards global carbon neutrality,
companies must maximise their contribution to the reduction of
greenhouse gas emissions. Hoffmann Green, whose industrial activity
is directly involved in the decarbonisation of the construction
sector, has decided to market its carbon credits to companies
wishing to contribute to this objective of global carbon
neutrality.
These carbon credits correspond to the CO2eq avoided using 0%
clinker cements developed by Hoffmann Green. In this regard,
Hoffmann cements have undergone a detailed study (Bilan Carbone ®
and Life Cycle Assessment) on all the criteria related to the
voluntary carbon offset market (measurability, additionality,
uniqueness, permanence) in order to guarantee their eligibility to
this mechanism. All this certification work was entrusted to Inuk,
a carbon contribution operator and certifier. Their transparent and
reliable solution is based on a blockchain traceability system that
guarantees the uniqueness of the contribution, which must be used
only once and cannot be sold in order not to feed a speculative
contribution market. Inuk also guarantees that the methodology used
complies with the highest standards in force.
The revenue from the carbon contribution will allow Hoffmann
Green to strengthen the competitiveness of its decarbonised
solutions and thus enable their adoption against more polluting
traditional solutions and to increase R&D funding for
increasingly environmentally friendly products.
Julien BLANCHARD and David HOFFMANN, Co-founders of Hoffmann
Green Cement Technologies, say: “To limit global warming to
below 2°C and respect the Paris Agreements, we must achieve a
balance between global greenhouse gas emissions and global CO2
absorption by 2050 at the latest. In its core, Hoffmann's
development model is a strong contributor to this challenge, as its
decarbonised cements and 0% clinker already meet this 2050 emission
reduction target. Hoffmann's carbon credits are a complementary
solution to reinforce the deployment and financing of this model.
It is a win-win system that allows companies to contribute to
global carbon neutrality and to participate in the growth of an
innovative and environmentally friendly French industry.”
ABOUT HOFFMANN GREEN CEMENT TECHNOLOGIES
Founded in 2014 and based in Bournezeau (Vendée, Western
France), Hoffmann Green Cement Technologies designs, produces and
distributes innovative extremely low-carbon cements – with a carbon
footprint 6 times lower than traditional cement – that present, at
equivalent dosage and with no alteration to the concrete
manufacturing process, superior performances than traditional
cement.
With one 4.0 industrial site supplied by a park of solar
trackers and two new sites on the way, the Group has industrialized
a genuine technological breakthrough based on alterations to
cement’s composition and the creation of a heating-free,
clinker-free and low energy consumption manufacturing process
making it a leading and unique player on a cement market that has
not undergone any significant changes in the last 200 years.
Within the context of the climate emergency and energy price
inflation, Hoffmann Green Cement is thus actively participating in
the energy transition by producing a clean cement that consumes 10
to 15 times less energy than a Portland cement, by working to
create eco-responsible buildings and by encouraging the circular
economy and the preservation of natural resources. Thanks to its
unrivaled technological know-how that is constantly improving,
driven by effective and cutting-edge teams, Hoffmann Green Cement
Technologies addresses all construction sector markets, both in
France and abroad.
For further information, please go to:
www.ciments-hoffmann.com
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version on businesswire.com: https://www.businesswire.com/news/home/20221206005890/en/
Hoffmann Green Jérôme Caron Chief Financial Officer
finances@ciments-hoffmann.fr +33 2 51 460 600
NewCap Investor Relations Pierre Laurent Thomas Grojean
Quentin Massé ciments-hoffmann@newcap.eu +33 1 44 71 94 94
NewCap Media Relations Nicolas Merigeau
ciments-hoffmann@newcap.eu +33 1 44 71 94 98
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