Holcim Ltd

HOLN: XSWX (CHE)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Heidelberg and Holcim Are Best Placed to Benefit From the Latest EU Carbon Reform Proposal

Matthew Donen

Jul 21, 2026

The European Commission published its latest proposal for the European Carbon Market on July 17, extending the period for free carbon allowances for cement producers to 2038, four years later than under the existing legislation.

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Holcim Ltd

Heidelberg and Holcim Are Best Placed to Benefit From the Latest EU Carbon Reform Proposal

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