Cemex highlights climate action strategy in Integrated Report 2019

Cemex has published a report which includes an analysis of its operational performance while also highlighting achievements such as the climate action strategy.

Cemex says the strategy outlines its plans to advance towards a carbon-neutral economy and to reduce carbon dioxide (CO2) emissions by 35% by 2030.

The Integrated Report 2019: ‘Innovating for a Better World’ also highlights Cemex’s ambition to deliver net-zero CO2 carbon concrete by 2050.

Other achievements highlighted within the document include:

? Achieving an alternative fuels rate of 28%, its highest rate in the past five years. Moreover, 30% of its cement power consumption 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.
? Reaching 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.
? Using its Growing Platform of shared value programmes to bring communities and local authorities together to solve housing and unemployment issues. 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.

Fernando A. Gonzalez, CEO at Cemex, says: “Our commitment to sustainability is one of the fundamental pillars of our business strategy because we know that it is essential to create lasting value. With the global move towards a 2030 Agenda, we recognise our responsibility to join the collective action to continue positively impacting the world. To remain at the forefront of our industry’s evolution, we are empowering innovation to pursue our vision of building a better future for all of our stakeholders.”

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