Global warming is one of the most important issues that the world is currently facing. The cement industry accounts for around 7% of total global CO2 emissions. According to the 13th United Nations Sustainable Development Goals, cement plants must become carbon neutral by 2050. This neutrality may be achieved by a reduction in CO2 emissions complemented with carbon capture, utilization and storage (CCUS) technologies. In accordance with these sustainable goals, several approaches have been studied. This paper investigates life cycle carbon of mortars produced with carbonated recycled aggregates. In previous works, the carbon dioxide capture capacity of construction and demolition waste (CDW) was analysed, and mortars with CDW recycled aggregates submitted to high levels of CO2 were evaluated in terms of their mechanical performance. This paper focus on the life cycle carbon impact assessment (LCCA) of industrial mortar formulations in a cradle-to-gate boundary. This assessment is carried out through a global warming potential environment impact assessment, since it represents the amount of CO2 equivalent that is sent to the atmosphere and contributes to the “greenhouse effect”. This LCCA includes the impacts associated with the treatment and additional transportation routes of the recycled aggregates. With this work, it was found that mortars with carbonated recycled aggregates have a considerably lower global warming potential impact than mortars without recycled aggregates. The mortars with recycled aggregates presented lower CO2 emissions of up to 6.31% for 100% incorporation of non-carbonated recycled aggregates. These values were incremented with the carbonation of the recycled aggregates, achieving a reduction of CO2 emissions of up to 36.75% for 100% of incorporation.