Page 41 - Sigmaroc Annual-Report 2023

...with huge long-term growth opportunities through new applications
Mega trend: Decarbonisation (of construction)
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DECARBONISATION OF CONSTRUCTION
Many countries across Europe have embraced ambitious goals and comprehensive strategies
to transition towards low-carbon and sustainable pathways. Spearheading this movement, the European Commission launched the EU Green Deal in 2019, committing the bloc to achieving climate neutrality by 2050. This initiative sets out a roadmap for reducing greenhouse gas emissions, enhancing energy efficiency and fostering green innovation across all sectors of the economy.
The transition to a net-zero economy in Europe is projected to require substantial investment, with estimates suggesting that approximately €350 trillion will be needed in cumulative spending
on physical assets globally over the next three decades, with a significant portion allocated within the next 10-15 years. This translates to
an annual spending of €11.7 trillion, indicating a surge in demand for sustainable solutions across various industries as part of Europe's ambitious decarbonisation efforts.
HOW WE ARE RESPONDING
The decarbonisation of the construction industry in Europe stands as a pivotal mega trend in
the global sustainability transition, with lime
and limestone emerging as crucial resources. These versatile materials play an important
role in various eco-friendly applications, notably
as substitute cementitious materials, where
they significantly reduce carbon emissions associated with traditional cement production. Moreover, innovations such as hemp lime for building materials showcase the potential of integrating sustainable practices into construction, offering both insulation properties and reduced environmental impact. Additionally, the incorporation of hydrated lime into asphalt mixes not only enhances durability and performance but also contributes to reducing the carbon footprint of transportation infrastructure. As the industry continues to embrace new building materials
and techniques, lime and limestone stand at the forefront of facilitating a greener, more sustainable future for construction in Europe and beyond.
KEY STATISTICS
2X
The European Union's Renovation Wave Strategy aims to double the annual renovation rate of buildings by 2030, with a focus on improving energy efficiency and reducing carbon emissions.
SOURCE: https://ec.europa.eu/
SUBSTITUTE CEMENTITIOUS MATERIAL
PORT SLUDGE STABILISATION
HEMP-LIME FOR BUILDING MATERIALS
ASPHALT MIX WITH HYDRATED LIME
NEW HOUSE BUILDING MATERIALS