EconomyLens.com
No Result
View All Result
Wednesday, September 3, 2025
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Business

Indonesian islanders take on Swiss cement group in climate case

David Peterson by David Peterson
September 3, 2025
in Business
Reading Time: 7 mins read
A A
2
19
SHARES
235
VIEWS
Share on FacebookShare on Twitter

Pari island residents Edi (L) and Asmania pose next to the factory of Swiss cement giant Holcim in Eclepens, western Switzerland . ©AFP

Zug (Switzerland) (AFP) – A Swiss court on Wednesday weighed up whether to hear a landmark climate case pitting residents of a tiny Indonesian island being swallowed by rising sea levels against cement giant Holcim. “It is like a David versus Goliath struggle,” one of the plaintiffs, Asmania, who like many Indonesians goes by one name, told AFP after the hearing. The case is part of a wider international movement seeking to assign to major companies responsibility for the climate damage hurting the livelihoods of millions of people, especially in developing countries.

Related

Suntory CEO quits over Japan drugs probe

Shell abandons huge biofuel project in Netherlands

Vogue appoints Chloe Malle to replace fashion doyenne Wintour

Suntory CEO quits over Japan drugs probe

Nestle sacks CEO over office relationship

Oil companies have typically been the biggest targets, but climate activists are hoping the suit against Holcim will highlight the role of a lesser-known but highly polluting industry, which is responsible for around eight percent of carbon dioxide (CO2) emitted into the atmosphere each year. Four residents of Pari island filed a suit demanding compensation from the world’s largest cement firm for the damage wrought by climate change and help to fund protection measures on the island. Asmania and another plaintiff travelled to Switzerland to take part in Wednesday’s hearing at the court in Zug, where Holcim is headquartered, to determine whether or not it will consider the complaint. It was not clear when the court would give its decision.

– ‘Climate justice’ – “I feel very moved,” Asmania, a 42-year-old mother-of-three, told AFP. “I believe the judges will stand for us, so we will win.” Before the hearing, Holcim maintained that “the question of who is allowed to emit how much CO2” should be “a matter for the legislature and not a question for a civil court”. But it said Wednesday that “we await the court’s decision”, insisting that it was “fully committed to reaching net zero by 2050 with sustainability at the core of our strategy”.

The company has not owned any cement plants in Indonesia since 2019, but the plaintiffs maintain it “shares responsibility for rising temperatures and thus rising sea levels”, explained Yvan Maillard-Ardenti of the Swiss Church Aid (HEKS) NGO helping the islanders. Environmentalists say Holcim ranks among the world’s 100 biggest corporate CO2 emitters, and so bears significant responsibility for climate-related loss and damage. The case illustrates the new face of the climate fight, as activists use the courts rather than rely on political action in the fight against global warming. If accepted, it could be a milestone for plaintiffs from developing countries who take on industrial giants.

– ‘Inspirational’ – Environmentalists have said 11 percent of the 42-hectare (104-acre) island of Pari has already disappeared in recent years, and it could be completely under water by 2050 due to rising sea levels. The islanders say saltwater floods have surged in scale and frequency, battering homes and damaging livelihoods. Asmania has already lost her seaweed farm because of flooding, which has also blighted her fish farm. “We are the climate victims, but we are not contributing to big emissions,” she said. “It is our survival that is at stake.”

The four plaintiffs are seeking 3,600 Swiss francs ($4,500) each from Holcim for damages and for protection measures such as planting mangroves and constructing breakwater barriers. HEKS stressed that the amount was only equivalent to 0.42 percent of the actual costs — in line with estimates that Holcim is responsible for 0.42 percent of global industrial CO2 emissions since 1750. In addition, the plaintiffs are demanding a 43 percent reduction in Holcim’s greenhouse gas emissions by 2030 and a 69 percent reduction by 2040.

“The contrast is enormous between this island, which is disappearing, and the wealth we have here in Zug,” Maillard-Ardenti said. “This wealth comes from large multinationals like Holcim, (which) have never paid a single franc in climate compensation,” he said, stressing that the total 14,000 francs requested by the plaintiffs was “less than an hour’s salary for the chairman of Holcim’s board.”

© 2024 AFP

Tags: climate changeenvironmentlawsuit
Share8Tweet5Share1Pin2Send
Previous Post

Suntory CEO quits over Japan drugs probe

Next Post

England moves to ban sale of energy drinks to children

David Peterson

David Peterson

Related Posts

Business

UK fintech Revolut valued at $75 bn: source to AFP

September 1, 2025
Business

Bosnian truckers block deliveries in protest over EU rules

September 1, 2025
Business

US Spirit Airlines files for bankruptcy again

August 29, 2025
Business

Lay off our eggs market, French producers tell Ukraine

August 29, 2025
Business

Qantas says profits up, strong travel demand ahead

August 28, 2025
Business

Defence giant Rheinmetall opens mega-plant as Europe rearms

August 28, 2025
Next Post

England moves to ban sale of energy drinks to children

Global bond selloff spreads to Japan, gold hits record high

UK govt pledges to keep grip on spending ahead of budget

Iran's small businesses hit by rolling blackouts

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
2 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

77

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

Stocks bounce as global bond selloff eases

September 3, 2025

Ryanair slashes winter seats in Spain over airport fees

September 3, 2025

Impact of US judge’s ruling on Google’s search dominance

September 3, 2025

EU presents Mercosur deal for member states’ approval

September 3, 2025
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.