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Holcim spent about CHF44million, ($35.2m, £19.36m) on CSR last year. The figure, which includes personnel costs, is given in the global Swiss cement group’s latest sustainable development report and represents 2.1 per cent of operating profit. It relates only to a limited range of the company’s activities, with around CHF16m of expenditure allocated to occupational health and safety, CHF8m to charity and donations, and CHF20m to setting up and running individual projects. Around 70 per cent of the companies in the group have now made CSR an integral part of their strategic planning, according to the report.
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