Vicat sitting on carbon credit mine
Vicat has a stock of credits that represent 5 MT of CO2, valued at Euro 120 million at the current market price. "It covers our activity in France and Switzerland and we will still be in a surplus position in 2030,"said CEO Guy Sidos. Vicat is keen to point out that this does not mean it is complacent or will pollute at all costs. At the end of 2019, we reduced our CO2 emissions by 15 per cent compared to 1990. The objective is a further decrease of 13 per cent between today and 2030.