Sources: LafargeHolcim Ltd., Zug, Switzerland; CP staff
LafargeHolcim shareholders approved a group name change to Holcim Ltd. among proposals during their annual general meeting, staged May 4 by virtual platform. Directors recommended the move “for efficiency and impact … as the company transforms to become the global leader in innovative and sustainable building solutions.” The change applies only to the corporate name and will not affect such North American brands or operating units as Holcim (US) Inc., Lafarge Canada Inc., Lafarge U.S. Cement and Aggregate Industries—all maintained after the 2015 Lafarge Group and Holcim Ltd. merger.
Beyond the name change, shareholders approved the election of LafargeHolcim CEO Jan Jenisch as a director; move of the company’s registered office from Jona-Rapperswil to Zug, Switzerland, completing an office location restructuring; and, reaffirmed commitment to publishing a premier climate transition report in 2022, based on carbon audits and related work with the Science-based Targets initiative.
Citing his pride in the resilience LafargeHolcim has demonstrated throughout the pandemic, Chairman Beat Hess noted, “Our management and employees have shown their true colors with brilliance, keeping our people and business safe, while standing by our communities. I would like to thank all of our shareholders for their continued trust and confidence and look forward to meeting in person next year.”