CIMPOR has published its latest Sustainability Report, a document that showcases the journey we have been undertaking towards becoming a more innovative, responsible, and competitive company.

This report represents a strategic commitment to sustainable development and demonstrates the organisation’s efforts to integrate environmental, social, and governance (ESG) practices across all areas of the business.

The year 2024 marked a turning point for CIMPOR, with the consolidation of its integration into TCC Group Holdings, leading to significant progress across all operations. Financial performance reflects this evolution, with a 10% increase in turnover in Portugal and 14% in Cape Verde, where the company has also strengthened its market share.

Throughout the report, readers will discover the projects and initiatives that are transforming the way CIMPOR operates — from investing in cleaner, more efficient technologies on the path to carbon neutrality, to promoting a culture of safety and wellbeing at work and continuously investing in the training and development of its people.

We invite everyone to watch the video accompanying this report and explore the goals, achievements, and ambitions that drive us forward. Building a more sustainable future is a shared responsibility — and at CIMPOR, we are all part of it.

Access the 2024 Sustainability Report.

The Legal team at CIMPOR has been recognized by the prestigious international publication Legal 500, having been included in the latest edition of the GC Powerlist: Portugal Teams 2025. This international recognition highlights the top in-house legal teams in Portugal that stand out for their leadership, innovation, and business impact.

With a presence in multiple markets, CIMPOR’s Legal team is responsible for managing and coordinating legal matters and litigation across Europe and Africa. Its work spans key areas such as competition, compliance, commercial contracts, litigation, corporate and finance. In addition, it plays a central role in providing legal support to the group's business and investment projects.

Being featured in the GC Powerlist reinforces CIMPOR’s positioning as a company distinguished by its operational excellence, supported by highly qualified teams committed to the organization’s long-term future.

CIMPOR Indústria de Cimentos, CIMPOR Serviços, Agrepor, Sacopor, and Ciarga have been awarded the COTEC INNOVATOR Status 2025 — a distinction granted by COTEC Portugal, the country’s leading Business Association for Innovation, in partnership with major commercial banks.

This recognition is a mark of reputation and prestige, distinguishing companies that stand out for their performance, financial soundness, and creation of economic value. It is also a testament to the quality of CIMPOR’s leadership and management capabilities.

CIMPOR is proud to once again be part of this group of benchmark companies, committed to sustainable development and innovation as drivers of growth and competitiveness.

This distinction also reflects the dedication and commitment of all CIMPOR teams. It is on this foundation that we continue to work responsibly and innovatively, contributing to the future of the cement sector and the enhancement of the national industry.

CIMPOR | Betão Liz participated in the 6th edition of Concrete Day, organized by APEB – Portuguese Association of Ready-Mix Concrete Companies, which took place on June 26th at the CNEMA Auditorium in Santarém.

This event is a key moment for the concrete sector, bringing together professionals and companies to discuss industry challenges and showcase the latest technological innovations. CIMPOR’s participation reinforces the company’s commitment to innovation and sustainability in the construction sector.

CIMPOR | Betão Liz attended as an official sponsor of the event and took part in the panel “Innovation in Cements,” where Gonçalo Almeida, Director of CIMPOR’s Central Laboratory, shared the company’s ongoing work to reduce the environmental impact of cement production. He also highlighted the focus on low-clinker cements, which can lead to a cumulative global reduction of around 37% in CO₂ emissions from the industry, without compromising technical quality.

Furthermore, Gonçalo Almeida emphasized the innovation investments CIMPOR is implementing, such as the new clay calcination line at the Souselas Production Center, which strengthens the company’s capacity to produce sustainable and competitive solutions.

Through its presence at Concrete Day, CIMPOR reaffirms its active role in promoting technical solutions that combine performance, innovation, and environmental responsibility, contributing to an increasingly sustainable construction sector.

Photograph: Companhia das Cores

CIMPOR renews its partnership with Querido Mudei a Casa, one of Portugal’s most iconic TV shows that transforms the lives of participating families and makes a positive impact on institutions and community projects with a strong social impact.

With participation in 12 episodes throughout the 2025 season, this renewed collaboration continues a partnership that began in 2017 and aligns with CIMPOR’s strategy of staying close to the audience while strengthening its brand value. This presence will allow CIMPOR to showcase its diverse range of solutions for space rehabilitation — including Dry Mortars, Tile Adhesives, and Joint Fillers — products adapted to the technical and aesthetic demands of each renovation project. These solutions promote a more sustainable approach, valuing what already exists and extending the useful life of materials and structures.

In addition to the TV broadcast, the results of each renovation can also be followed on CIMPOR’s social media channels, where we will highlight the products used and share practical and accessible tips,designed to inspire and empower the Portuguese public to improve their own spaces.

More than just a television format, Querido Mudei a Casa blends renovation and construction with design, technical expertise, and human sensibility. By joining this project, CIMPOR not only reinforces its commitment to the well-being of families and communities but also strengthens the positioning of its products as a reference for quality, innovation, and trust in the rehabilitation sector.

The first edition of Trail Botão Camp - CIMPOR was a unique event which, as part of the celebrations for the 50th anniversary of the Souselas Plant, promoted not only health and well-being, but also solidarity and CIMPOR's commitment to the community

More than just a sporting event, the event stood out as a true celebration of team spirit, connection to nature and support for local communities. The enthusiastic participation of employees, athletes and local residents created an atmosphere of sharing and overcoming that marked everyone involved.

The event featured four routes, adjusted to different levels of preparation: Long Trail (23 km), Short Trail (17 km), Mini-Trail (12 km) and Walk (12 km). Each modality provided a unique experience, promoting socialising, contact with nature and personal challenge.

Below we share images that reflect the positive spirit of Trail Botão Camp - CIMPOR. You can also access the TV production that gave rise to the event's reports broadcast on RTP2, RTP PLAY and Bola TV, which reinforce and recognise the event's success.

In partnership with Lean Academy Portugal, CIMPOR has embarked on a new stage in its journey of transformation, continuous improvement, efficiency, and sustainability.

Through the Lean Program, CIMPOR aims to optimize processes, empower teams, and strengthen management practices, fostering a collaborative culture focused on operational excellence. SACOPOR, a company within the Group, is taking on a pioneering role in this project, which will be progressively implemented throughout 2025 and later extended to other business units.

Key Initiatives of the Lean Programme
The project comprises a set of concrete, interconnected actions developed in real working environments, including:

By encouraging active team involvement and strengthening leadership capabilities, CIMPOR is taking a solid step towards building a more agile, efficient, and future-ready organization. This initiative reinforces the company’s commitment to innovation and continuous development, valuing the contribution of every employee in creating sustainable and excellent solutions.

CIMPOR is the protagonist of the most recent edition of Sustainability Talks, an initiative integrated into the Sustainability 20|30 Business program, of which we are proud exclusive sponsors in the Decarbonization category.

The episode features several CIMPOR leaders: Cristina Ramos, Operational Excellence Director; Paulo Rocha, Sustainability & Decarbonization Director; Sandro Conceição, Industrial and Energy Technical Director; and guest partner Ricardo Raposo, Vodafone's Pre-Sales and Solution Design Manager.

CIMPOR's advances in digital transformation, innovation and decarbonization, central pillars of our sustainability strategy, will be highlighted. The presence at Sustainability Talks represents another step in the company's modernization journey, with the aim of strengthening agility, proximity, and transparency in the way we communicate and operate. Furthermore, this participation reflects CIMPOR's commitment to becoming more competitive, efficient, and prepared for the challenges of the future, aligning operations with decarbonization targets and the challenges of the energy transition.

We invite you to watch the Talk and discover how we are preparing the future of the cement industry.

On May 7th, CIMPOR took part in the Grande Conferência Negócios Sustentabilidade 20|30, held at Nova SBE in Carcavelos. The event, promoted by Jornal de Negócios, brought together leaders and experts for two days of strategic debate and reflection on the major ESG challenges – Environmental, Social and Governance.

The conference was the highlight of the Sustentabilidade 20|30 program and marked the culmination of a cycle of three events, each focused on one of the ESG pillars. It also included the presentation of the National Sustainability Award, which recognizes companies and benchmark projects across several categories, including Decarbonization.

As the exclusive sponsor of this category, CIMPOR reaffirmed its commitment to reducing emissions and promoting more sustainable industrial practices, in line with the company’s energy transition targets.

At the conference, Sandro Conceição, Director of Co-Processing and Energy at CIMPOR, took part in the panel discussion “The energy transition: ally or adversary of competitiveness?”, where he shared his perspective on the energy transition within an electro-intensive industry. The debate explored the opportunities and main barriers to making this transition a reality, as well as the key levers that will drive sustainable and competitive transformation in the industrial sector.

CIMPOR’s involvement throughout the Sustentabilidade 20|30 program, as exclusive sponsor of the Decarbonization category and active presence at the final conference, reflects its strong commitment to the transformation of the sector. A commitment that is expressed through the sharing of technical knowledge and the promotion of concrete solutions for a more efficient, responsible industry, aligned with today’s and tomorrow’s environmental challenges.

CIMPOR has been honored with the prestigious “International Investment Award” at the 15th edition of the UK-Portugal Business Awards, organized by the British Embassy in Portugal and the UK Department for Business and Trade. This recognition acknowledges CIMPOR's strategic investment in the United Kingdom and reaffirms the company's role in strengthening economic relations between the two countries.

The award ceremony took place at the SUD Lisboa Hall and was attended by several prominent figures from the business and institutional sectors. The award was presented to Cevat Mert, CEO of CIMPOR Portugal and Cape Verde, by the British Ambassador to Portugal, Lisa Bandari, and the Trade Commissioner for Europe, Chris Barton.

The “International Investment Award” is presented to Portuguese companies that stand out for their investment in the United Kingdom, highlighting the dynamism and economic cooperation between the two countries. This award marks another milestone in CIMPOR’s journey, further reinforcing its position as a global reference company, aligned with innovation and excellence, and its strong commitment to the British market.

CIMPOR has announced an investment of €155 million in the areas of innovation and sustainability, through the modernization of Kiln 7 and the creation of a new Research and Development (R&D) Center.

On April 28th, the Minister of Economy, Pedro Reis, visited CIMPOR’s Alhandra Plant. The purpose of the visit was to present the company’s future Research and Development (R&D) Center - an outstanding facility that will create 100 new jobs for highly qualified young professionals and reinforce CIMPOR’s position as a reference in the cement sector.

During the visit, Pedro Reis had the opportunity to learn first-hand about the Innovation and Development (R&D) Center project, which aims to drive innovation in sustainable construction, materials science, and digital transformation. The initiative reinforces CIMPOR’s leadership in low-carbon cement technologies and circular economy practices, with a strong focus on areas such as CO₂ reduction, concrete recycling, AI-powered digitalization, and 3D printing.

In addition to the presentation of the new R&D Centre, the visit was an opportunity to showcase the progress of the ongoing modernization works on Kiln 7, which are being carried out under the Portuguese Recovery and Resilience Plan.

Both the future R&D Centre and the upgraded Kiln 7 are part of a broader wave of technological advancements at CIMPOR, such as the implementation of Europe’s first 5G network covering its production centers, and a recently signed partnership with FIZIX. This collaboration will revolutionize asset management and maintenance processes through the installation of 11,000 sensors across 19 production sites worldwide.

The visit was attended by Suat CALBIYIK, Chairman of the Board of Directors of CIMPOR Global Holdings, Cevat Mert, CEO of CIMPOR Portugal and Cape Verde and the Ambassador of Türkiye to Portugal, Haldun Koç.

This moment marked a significant step in CIMPOR’s ongoing commitment to innovation, sustainability, and the country’s economic development, actively contributing to a more competitive, efficient, and future-ready cement industry.

CIMPOR attended Tektónica – International Construction Fair, held from April 10^th to 12^th, 2025, at FIL – Lisbon International Fair, in Parque das Nações. As a key event in the construction sector, Tektónica provided a great opportunity for CIMPOR to showcase its latest innovations and industry trends

Throughout the three days of the event CIMPOR's stand featured several interactive activities that captured the visitors' interest and provided a more engaging experience. A highlight of the event was the visit of the Minister of Economy, Pedro Reis, to CIMPOR's stand.

CIMPOR's participation in Tektónica allowed the company to strengthen relationships with clients and partners, as well as showcase initiatives that contribute to its goal of achieving NET ZERO by 2050. It was also an opportunity to highlight solutions that best meet the demands of the industry and consumers.

From April 14 to 16, CIMPOR took part in the Fifth International Dam World Conference (DW2025), held at the LNEC – National Civil Engineering Laboratory, in Lisbon. This international conference brought together leading dam engineering experts from Portugal and Brazil, fostering technical and scientific dialogue on the sector’s most pressing challenges.

Under the theme “Preserving Life Through Dams”, the 2025 edition promoted discussions around innovative and sustainable solutions for dam construction, maintenance and safety, while also showcasing the latest scientific and technical developments in this crucial area of engineering.

CIMPOR participated as an official sponsor, reaffirming its commitment to engineering excellence and sustainable development. The company’s involvement in this fifth edition continues a longstanding relationship with the Dam World Conference, having sponsored every edition held in Portugal since the series began in 2012.

Organised by LNEC, the Portuguese National Committee on Large Dams (CNPGB) and the Brazilian Committee on Dams (CBDB), this international event has become a reference point in the sector, promoting the exchange of knowledge between professionals, researchers and companies.

CIMPOR’s participation reinforces its position as a national leader in the cement and concrete industries, and as an active contributor to building structural solutions that support the safety and well-being of communities.

CIMPOR celebrates another milestone in its journey of innovation and commitment to excellence. CIMPOR’s Alhandra Plant has obtained the NF-Hydraulic Binder certification, awarded by AFNOR, one of the most prestigious French quality certification bodies.

This certification covers CEM I 52.5 R and CEM II/A-L 42.5 R cements, which will now undergo monthly verifications to ensure compliance with European Standards and the specific requirements of the French market and several African countries.

AFNOR’s recognition reinforces CIMPOR’s position as a reference in the cement industry, enabling the expansion of sales to the French market and several African countries while reaffirming our commitment to high standards of quality, reliability, and sustainability.

CIMPOR continues to invest in the excellence of its products and processes, delivering solutions that meet market needs with quality, trust, and precision.

This year, we strengthened our commitment to a more sustainable future by sponsoring the Forbes Green ESG Awards, an event that recognizes organizations, projects, and leaders who stand out for their dedication to sustainability.

The 2025 edition took place on March 27 in Lisbon, and we participated in the roundtable discussion "Agents of Change: How Far Does Our Responsibility Go in E, S, and G?". Nelson de Oliveira, CIMPOR’s Responsible for Energy & Planning, joined the debate on the impact of companies in building a more sustainable future and driving ESG initiatives.

CIMPOR has been solidifying the ESG strategy, integrating sustainability principles across the operations. From optimizing energy consumption to promoting low-impact solutions, we work daily to reduce our environmental footprint and create value in the cement industry.

As a sponsor of the Forbes Green ESG Awards, we reaffirm our commitment to the transition towards a greener economy and to developing initiatives that inspire companies to adopt more responsible practices.

Crédito: Forbes

Fotógrafo: Vítor Machado

CIMPOR Global, a subsidiary of TCC Group Holdings, the world's third largest cement producer with an annual capacity of 112 million tons, has established an important partnership with FIZIX, a company specializing in monitoring solutions based on smart sensors and and AI-driven software.

This project, which will be implemented in 25 CIMPOR Global production centers, will cover five facilities in Portugal, 10 cement industrial facilities in Turkey, five in Africa and five terminals in other regions, especially in Europe.

With this initiative, CIMPOR Global will be able to monitor the condition of the machines in the production centers in real time, making it possible to anticipate failures before they occur and reduce energy waste. This will be the most comprehensive machine health monitoring project based on IIoT (Industrial Internet of Things) and artificial intelligence in heavy industry, raising efficiency and sustainability standards in the sector.

The first phase of the project will be implemented in six countries throughout 2025, including Portugal, Turkey and various markets in Africa and Europe. In 2026, expansion to China and Taiwan will bring the total number of countries involved to 14. With a system hosted in the cloud, specialized teams will be able to provide remote support, carry out predictive analysis and optimize production processes in real time.

With this project, CIMPOR Global reaffirms its commitment to industrial digitalization and decarbonization, strengthening its dedication to a smarter, greener, and more sustainable cement industry.

CIMPOR has recently received two important international certifications: ISO 37301:2021 - Compliance Management Systems and ISO 37001:2017 - Anti-bribery Management Systems, further reinforcing our commitment to ethics, transparency, and responsibility in business. These certifications cover our operations in six countries across three continents, namely Portugal, Turkey, Ivory Coast, Cameroon, Romania, and Cape Verde.

The ISO 37301:2021 certification is an international standard that defines the requirements for implementing an effective compliance management system, ensuring that all legal and regulatory obligations are met, and promoting an organizational culture based on social responsibility and corporate integrity.

The ISO 37001:2017 certification recognizes CIMPOR’s efforts in implementing anti-bribery management systems and demonstrates our commitment to creating a more ethical and transparent business environment, contributing to building a fairer and more competitive society.

Özge Aşçıoğlu, Group Director of Internal Audit, Risk and Compliance at CIMPOR Global Holdings, highlighted the importance of these certifications in aligning the company with international best practices: “These certifications recognize the work and dedication of our team in ensuring compliance with the highest standards of integrity and transparency. We will continue to invest in the continuous improvement of our processes and promote a responsible and sustainable corporate culture.”

This recognition represents CIMPOR's ongoing effort and commitment to implementing and improving internal processes, strengthening our dedication to transparency and compliance in all areas of operation.

CIMPOR also had the opportunity to share its approach and compliance management practices at the 13th Annual European Compliance & Ethics Institute Conference, organized by the Society of Corporate Compliance and Ethics (SCCE), in Lisbon from March 10th to 12th. Maria Inês Mendes, Compliance and Risk Management Senior Specialist at CIMPOR, and Özge Aşçıoğlu, Internal Audit, Risk and Compliance Group Director at CIMPOR-OYAK Cement, explored the challenges businesses face when implementing compliance programs in African countries and shared practical tips on overcoming them in the panel "Compliance Beyond European Borders: Navigating Compliance in Africa."

CIMPOR will be present at Tektónica - International Construction Fair, which takes place from 10 to 12 April, reaffirming its commitment to the future and the environment by exhibiting its sustainable building materials solutions.

At our stand, visitors will be able to test their knowledge with an interactive table with a quiz on our business units and sustainable practices; live an immersive experience with a 360º virtual tour of the Alhandra Production Centre, using virtual reality glasses; have fun with the photobooth, recording the moment of their presence; and even receive exclusive gifts as a souvenir of their visit.

Tektónica is the biggest event in the construction sector in Portugal and an excellent opportunity to show what CIMPOR is doing in terms of innovation and sustainability.

The approval of these targets highlights CIMPOR's leadership in the transition to a sustainable future and aligns its operations with climate science criteria.

The Science-Based Targets initiative (SBTi) has approved CIMPOR's short-term decarbonization and net-zero emissions targets. This validation represents a significant milestone in the company's commitment to sustainability and the fight against climate change.

SBTi is an internationally recognized initiative resulting from the collaboration between the Carbon Disclosure Project (CDP), the United Nations Global Compact, the World Resources Institute (WRI), and the World-Wide Fund for Nature (WWF). Established in 2015, SBTi aims to help companies set emission reduction targets aligned with climate science and the goals of the Paris Agreement. Currently, around 5,000 companies and financial institutions worldwide are part of this initiative, demonstrating their trust in climate science.

SBTi confirmed that CIMPOR's greenhouse gas (GHG) emissions reduction targets meet the rigorous criteria outlined in the SBTi Corporate Net-Zero Standard. Additionally, SBTi classified CIMPOR's ambition for Scope 1 and 2 targets as being aligned with a 1.5°C trajectory, the most ambitious limit set by the Paris Agreement.

CIMPOR's Commitments                                                                                                                                                                                

Global Net-Zero Emissions Target: CIMPOR is committed to achieving net-zero GHG emissions across its entire value chain by 2050.

Short-Term Targets:

CIMPOR is committed to reducing:

• Scope 1 gross emissions by 19.5% per ton of cementitious product by 2030, using 2022 as the base year (*);
• Scope 2 gross emissions by 55.7% per ton of cementitious product over the same period;
• Scope 3 GHG emissions from purchased goods and services by 29.4% per ton of clinker and cement purchased during the same timeframe.

(*) The target boundary includes emissions and removals associated with land use and biomass.

Long-Term Targets:

CIMPOR is committed to reducing:

• Scope 1 and 2 gross emissions by 95.2% per ton of cementitious product by 2050, using 2022 as the base year (*);
• Scope 3 absolute GHG emissions by 95% over the same period.

(*) The target boundary includes emissions and removals associated with land use and biomass.

The validation of these targets by SBTi reinforces CIMPOR's commitment to leading the transition to a more sustainable future and positions the company as an example in the cement sector and the global industry. This achievement demonstrates CIMPOR's ambition to align its operations with the principles of climate science, contributing to climate change mitigation and the achievement of global sustainability goals.

Note:

Within the framework of SBTi, CO2 emissions are categorized as follows:

• Scope 1: Direct emissions from sources owned or controlled by the company (e.g., emissions from the combustion of fuels in company facilities or vehicles).
• Scope 2: Indirect emissions from the generation of electricity, steam, heating, or cooling purchased and consumed by the company.
• Scope 3: All other indirect emissions across the value chain, including upstream activities (e.g., purchased goods, transportation) and downstream activities (e.g., use of sold products, waste management).

These categories help companies measure and set reduction targets for their entire carbon footprint.

On 16 January, the Teixeira Duarte team visited the CIMPOR Museum at the Alhandra Plant. The CIMPOR Museum, inaugurated in 2011, plays a fundamental role in preserving the history and industrial legacy of the ‘Tejo’ cement factory, founded by António Teófilo Araújo Rato at the end of the 19th century. The museum is divided into two distinct centres: the first, in the old Hoffmann kiln building from 1894, and the second, in the old laboratory building from 1932.

Teixeira Duarte is carrying out a civil construction contract to upgrade and optimise the Line 7 Klin at the Alhandra Plant, as part of a CIMPOR investment project aimed at decarbonising its operations. By the end of 2025, this project will reduce CO2 emissions into the atmosphere by more than 190,000 tonnes per year. This investment is part of CIMPOR's transition plan, which aims to reduce around 37% of its CO2 emissions by 2030, with the ambitious goal of reaching net-zero by 2050.

This project, which is being funded by the Recovery and Resilience Plan (RRP), not only reinforces CIMPOR's commitment to environmental sustainability, but also to innovation and modernisation of its infrastructures, in line with the objectives of the RRP. Teixeira Duarte's visit to the CIMPOR Museum emphasises the importance of collaboration in implementing greener and more efficient solutions in the industry.

This is another step in CIMPOR's journey towards a more sustainable and responsible future, in accordance with the highest environmental and technological standards.