Volvo Construction Equipment will play a major role in exploring holistic net zero innovations for the construction industry together with CRH, the global leader in building materials solutions. It comes after CRH signed a Memorandum of Understanding (MoU) with Volvo Group.
“Partnerships are key to accelerating decarbonization and our collaboration with building materials solutions leader CRH will help both companies to achieve their net-zero ambitions. We move faster and create more impactful change when we work together.” said Melker Jernberg, President of Volvo CE, who will be leading the off-road aspect of the partnership.
“At CRH we’re innovating for a low-carbon future and with deep expertise in sustainable transport and infrastructure solutions. Volvo Group is a natural strategic partner for CRH and this collaboration is an important step in our shared commitment to decarbonizing our businesses,” said Eunice Heath, Chief Sustainability Officer, CRH.
Both companies share strong sustainability ambitions. Volvo CE is targeting 35% fully electric sales by 2030 and aiming to achieve net zero greenhouse gas emissions across its entire value chain by 2040. CRH meanwhile is targeting a 30% reduction in group-wide emissions by 2030 and to become a net-zero business by 2050.
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