Annual Report 2010 Holcim Ltd
Annual Report 2010 Holcim Ltd
Annual Report 2010 Holcim Ltd
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Value-Driven<br />
Corporate Management<br />
make a significant contribution toward improving<br />
its operating profit.<br />
Attractive dividend policy<br />
The Group’s success should bear fruit for the share-<br />
holders of <strong>Holcim</strong> <strong>Ltd</strong>. In 2003, the Board of Directors<br />
determined that one-third of net income attributable<br />
to shareholders of <strong>Holcim</strong> <strong>Ltd</strong> should be distributed.<br />
For the <strong>2010</strong> financial year, the Board is proposing<br />
to the annual general meeting a payout from the<br />
capital contribution reserves corresponding to last<br />
year’s amount of CHF 1.50 per registered share.<br />
Environmental commitment and social responsibility<br />
enhance our reputation<br />
<strong>Holcim</strong>’s reputation is based on its substantial efforts<br />
to promote sustainable development. <strong>Holcim</strong> is therefore<br />
guided by the basic concept of the “triple bottom<br />
line” of creation of value, sustainable environmental<br />
performance and social responsibility, and regards<br />
these as integral components of its overriding strategy.<br />
<strong>Holcim</strong> is in constant dialog with a wide range of<br />
stakeholder groups. This is also reflected in strategic<br />
partnerships with such bodies as the International<br />
Union for Conservation of Nature (IUCN). At the<br />
beginning of the year under review, <strong>Holcim</strong> joined<br />
the ICRC Corporate Support Group and committed<br />
itself to supporting specific humanitarian projects in<br />
conflict regions.<br />
<strong>Holcim</strong> is once again listed in the Dow Jones Sustainability<br />
Index <strong>2010</strong>/2011 and as such is regarded as one<br />
of the most sustainable companies in the construction<br />
materials sector.<br />
Promotion of sustainable construction<br />
In 2003, the Group established the <strong>Holcim</strong> Foundation<br />
for Sustainable Construction. Through this body it<br />
champions the cause of greater sustainability in the<br />
construction sector well beyond its core business. The<br />
<strong>Holcim</strong> Foundation aims to foster greater understanding<br />
of sustainability on the environmental, social<br />
and economic fronts in the construction sector and<br />
among its stakeholders. It makes a global contribution<br />
toward promoting outstanding architecture and a<br />
better quality of life. The Foundation’s most important<br />
activities are a global competition with a very high<br />
public profile and a <strong>Holcim</strong> Forum focusing on a sustainability<br />
theme. These are conducted every three<br />
years.<br />
The third international <strong>Holcim</strong> Forum, entitled “Re-<br />
inventing Construction”, was held in April <strong>2010</strong> at the<br />
Universidad Iberoamericana in Mexico City. 270 ex-<br />
perts from 40 countries engaged in exchanges of<br />
views in the plenary session, in theme-specific work-<br />
ing groups and on excursions. The focus was on sus-<br />
tainability issues in construction planning and the<br />
construction process. The Forum attracted a great<br />
deal of interest. Its deliberations and conclusions<br />
were documented in an academic publication which<br />
can be obtained from the <strong>Holcim</strong> Foundation.<br />
Public relations work has begun on the third cycle of<br />
five regional <strong>Holcim</strong> Awards competitions for sustain-<br />
able construction projects. The regional awards with<br />
prizes totaling USD 2 million will take place in 2011,<br />
followed by the global award in 2012. Group compa-<br />
nies are organizing events to publicize the launch of<br />
the international project competition nationwide.<br />
The Foundation will support their efforts with a<br />
global campaign.<br />
Information on partnerships and activities<br />
of the <strong>Holcim</strong> Foundation can be found at<br />
www.holcimfoundation.org.