CEMEX Joins Two World-Leading Initiatives to Achieve Carbon Neutrality
02 Agosto 2021 - 08:30AM
Business Wire
- The company signs the Business Ambition for 1.5°C commitment of
the We Mean Business Coalition in partnership with the Science
Based Targets initiative (“SBTi”) and the U.N. Global Compact.
- CEMEX also joins The Race to Zero Campaign of the United
Nations Framework Convention on Climate Change (“UNFCCC”).
- CEMEX´s Future in Action program will drive the company in
delivering on these global commitments.
CEMEX, S.A.B. de C.V. (“CEMEX”) (NYSE: CX) announced today that
it has signed the Business Ambition for 1.5°C commitment led by the
We Mean Business Coalition in partnership with the Science Based
Targets initiative and the U.N. Global Compact. With this
commitment the company has joined The Race to Zero Campaign of the
UNFCCC. The decision to join these two major global alliances
reflects the company’s strong commitment to climate action.
The Race to Zero Campaign was launched to mobilize net-zero
commitments from cities, businesses, and investors ahead of the
26th U.N. Climate Change Conference of the Parties in November 2021
(“COP26”.) All members of the Coalition pledge to reach net-zero
emissions by mid-century at the latest, in line with global efforts
in limiting global warming to 1.5°C. These objectives align with
the CEMEX Future in Action program to reduce its carbon footprint
by delivering net-zero concrete globally by 2050.
“In the road leading up to the COP26, I am delighted to announce
that we have signed the Business Ambition for 1.5°C and joined The
Race to Zero Campaign. CEMEX’s commitment to Climate Action runs
deeps, and we are excited to partner with prominent global
organizations to deliver on this challenge. Implementing climate
solutions require active collaboration between industry,
governments, non-governmental organizations, and multilateral
agencies, and we intend to continue to play an active role in these
efforts. We encourage others to join us in this important
challenge,” said Fernando A. González, CEO of CEMEX.
In addition, CEMEX submitted its new 2030 target of below 475 Kg
CO2 per ton of cementitious product for validation to the
Science-Based Targets initiative as part of its commitment to
fulfill its ambition of carbon neutrality by 2050.
CEMEX is a global construction materials company that is
building a better future through sustainable products and
solutions. CEMEX is committed to achieving carbon neutrality
through relentless innovation and industry-leading research and
development. CEMEX is at the forefront of the circular economy in
the construction value chain and is pioneering ways to increase the
use of waste and residues as alternative raw materials and fuels in
its operations with the use of new technologies. CEMEX offers
cement, ready-mix concrete, aggregates, and urbanization solutions
in growing markets around the world, powered by a multinational
workforce focused on providing a superior customer experience,
enabled by digital technologies. For more information, please
visit: cemex.com
CEMEX assumes no obligation to update or correct the information
contained in this press release. This press release contains
forward-looking statements within the meaning of the U.S. federal
securities laws. CEMEX intends these forward-looking statements to
be covered by the safe harbor provisions for forward-looking
statements in the U.S. federal securities laws. These
forward-looking statements reflect CEMEX’s current expectations and
projections about future events based on CEMEX’s knowledge of
present facts and circumstances and assumptions about future
events, as well as CEMEX’s current plans based on such facts and
circumstances. These statements necessarily involve risks and
uncertainties that could cause actual results to differ materially
from CEMEX’s expectations. The content of this press release is for
informational purposes only, and you should not construe any such
information or other material as legal, tax, investment, financial,
or other advice. CEMEX is not responsible for the content of any
third-party website or webpage referenced to or accessible through
this press release.
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version on businesswire.com: https://www.businesswire.com/news/home/20210802005234/en/
Media Relations Jorge Pérez +52 (81) 8259-6666
jorgeluis.perez@cemex.com Analyst and Investor Relations Alfredo
Garza +52 (81) 8888-4576 alfredo.garza@cemex.com Analyst and
Investor Relations Fabián Orta +52 (81) 8888-4139
fabian.orta@cemex.com
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