... 22© Holcim Ltd 2011 June 9, 2011 Exane BNP Paribas 13th European Seminar Strength. Performance. Passion.5© Holcim Ltd 2011 June 9, 2011 Exane BNP Paribas 13th European Seminar Challenge Holcim s ... with Holcim policy• Investment scorecard• Accountability© Holcim Ltd 2011 Exane BNP Paribas 13th European Seminar Thomas Aebischer – CFO June 9th, 2011 9© Holcim Ltd 2011 June 9, 2011 Exane ... Sources: Oxford Economics, March 2011 Photo: Proposed Beijing Z15 supertall skyscraper17© Holcim Ltd 2011 June 9, 2011 Exane BNP Paribas 13th European Seminar Holcim investment criteria – rigorous...