CEMEX S.A.B. DE C.V.

Cemex continues addressing climate change and fostering innovation

Cemex has published its Integrated Report 2019: “Innovating for a Better World,” which includes a complete analysis of Cemex’s strategic vision, operational performance, corporate governance, and value creation at a global level. The report highlights the company’s new Climate Action strategy and its commitment to drive the industry’s innovation by unlocking new value opportunities.

Among the main achievements presented in the Cemex Integrated Report 2019 are:

Cemex introduction of its new Climate Action strategy, outlining the company’s vision to advance towards a carbon-neutral economy and to address society’s increasing demands more efficiently, which includes a more ambitious strategy to reduce CO2 emissions by 35% by 2030

To complement this strategy with a longer-term vision, Cemex also established an ambition to deliver net-zero CO2 concrete by 2050. Cemex believes concrete has a key role to play in the transition to a carbon-neutral economy

The company achieved an alternative fuels rate of 28%, its highest rate in the past five years. Moreover, 30% of its cement power consumption is supplied from renewable energy. These milestones and other mitigation efforts enabled Cemex to reduce its net CO2 emissions per ton of cementitious product by 22%, compared to its 1990 baseline

Cemex reached a low level of employee lost-time injuries (LTIs) for the sector and made progress across most of its countries, with 96% of the company’s operations achieving ZERO fatalities and LTIs

Through its innovative Growing Platform of shared value programs, Cemex continued to bring together communities and local author­ities to tackle critical social issues, from housing and unemployment to access to basic services. To date, through the company’s various responsible business initiatives, Cemex has positively impacted more than 17.6 million people around the world, generating shared value and contributing to the United Nations Sustainable Development Goals (SDGs), particularly those related to climate action, life on land, sustainable cities and communities, industry, innovation and infrastructure, and decent work and economic growth.

www.cemex.com

x

Related articles:

Issue 2021-7 CEMEX S.A.B. DE C.V.

Cemex aims to create first zero-emissions fleet

Cemex has announced that it will work together with Volvo Construction Equipment and Volvo Trucks to develop a zero-emissions fleet with electromobility solutions that aligns with Cemex’s climate...

more
Issue 2021-2 CEMEX S.A.B. DE C.V.

Cemex executive appointed to Sustainability Board in the Federal State of Brandenburg, Germany

Cemex has announced that Rüdiger Kuhn has been appointed as the Representative of the Economy on the newly formed Sustainability Advisory Board for the Federal State of Brandenburg, Germany....

more
Issue 2021-7 CEMEX S.A.B. DE C.V.

Cemex strengthens presence in Guatemala

Cemex announced that, as part of its growth strategy, it will increase capacity in Guatemala with the construction of a new cement grinding mill that is expected to be completed in early 2023. This...

more
Issue 2021-5 CEMEX S.A.B. DE C.V.

Cemex commits to lead the industry in climate action

Cemex has announced that it is setting a new, more aggressive target to be below 475 kg CO2, an approximately 40% reduction in CO2 emissions, by 2030. This new goal is aligned to the Well Below Two...

more

Cemex's operations in Europe announce a CO2 reduction target of at least 55% by 2030

Cemex has announced that it is the first company in its sector to target a CO2 reduction in its European operations of at least 55% by 2030. Cemex welcomes the recent commitment from European...

more