CEMEX Publishes Its Integrated Report: "Building a Stronger CEMEX"
Business Wire 28-Mar-2019 6:30 PM
CEMEX, S.A.B. de C.V. ("CEMEX") (NYSE:CX) presented today its 2018
Integrated Report: "Building a Stronger CEMEX," which includes a
complete analysis of CEMEX's strategic vision, operational performance,
corporate governance, and value creation at a global level. The report
also releases our new 2030 Sustainability Ambitions, which aim to
considerably benefit our main stakeholders.
"Conscious that our progress begins with our people, our highest
priority and permanent commitment is to achieve zero incidents in our
daily operation. We have also strengthened our commitment to the ethical
principles and values that enable us to work as One CEMEX, aligning
ourselves with our new Diversity and Inclusion Policy, as well as our
Human Rights Policy and improved Code of Ethics," said Fernando A.
Gonzalez, CEO of CEMEX.
Among the main achievements presented in CEMEX 2018 Integrated Report
are:
-
CEMEX reached the goal of zero employee fatalities for the first year
ever. In addition, we reduced our total employee and contractor lost
time injuries by 20%, a record low. Additionally, 96% of our
operations achieved zero fatalities and zero lost-time injuries—the
highest percentage in CEMEX's history.
-
CEMEX strengthened its commitment to the ethical principles and values
that enable it to work as One CEMEX with the launch of the company's
Diversity and Inclusion Policy, a renewed Human Rights Policy, and an
improved Code of Ethics.
-
The company achieved an alternative fuels rate of 27.1%, its highest
rate in the past four years. Moreover, 26% of the power consumption
for cement was supplied from renewable energy. These milestones and
other mitigation efforts enabled CEMEX to reduce its net CO2
emissions per ton of cementitious products by 21.6%, compared to its
1990 baseline, avoiding 7.9 million tons of CO2. This is
equivalent to the emissions generated by the electricity consumption
of 1.4 million homes in one year.
-
CEMEX prioritized five Sustainable Development Goals (SDGs) that are
directly related to the company's business and represent a better
opportunity to make a greater contribution to the global goals of the
United Nations by 2030. These five objectives focus on the promotion
of decent employment and economic growth (SDG 8); innovation and
infrastructure development (SDG 9); the advancement of sustainable
cities and communities (SDG 11); climate change mitigation (SDG 13);
and environmental and ecosystem conservation (SDG 15).
-
CEMEX and 10 other companies from the sector became founding members
of the new Global Cement and Concrete Association (GCCA), which aims
to consolidate the industry's efforts to position concrete as the most
sustainable material in the world.
-
Through the global and local editions of the Supplier of the Year
Program, CEMEX granted recognition to suppliers for the contribution
they make by offering profitable and innovative services and solutions
for the company and its customers. In 2018, CEMEX also launched the
Global Edition of the "INTEGRATE Your Ideas" Innovation Program,
recognizing three suppliers for their creative ideas.
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CEMEX has implemented Community Engagement Plans at 95% of its cement
plants. In addition, thanks to the company's shared value projects,
CEMEX collaborated with its communities and authorities to address
vital social issues such as housing, land ownership, access to basic
services, employment, and financial inclusion through micro-credits.
-
Thanks to CEMEX Environmental Management System, compared to its 2005
baseline, the company reached a reduction in its air emissions of 87%
for dust, 45% for NOx, and 64% for SOx.
Additionally, more than 80% of the company's operations have
implemented water-recycling systems.
Consistent with CEMEX's commitment to contribute to the United Nations
Sustainable Development Goals and having defined our 2020 sustainability
goals some years ago, we have expanded our vision and defined our
ambitions towards 2030. The company's new objectives for 2030 include:
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In health and safety, zero employee fatalities and lost-time injuries
-
In sustainable construction, 50% annual sales from cement and
ready-mix concrete products with outstanding sustainable attributes
-
In climate change mitigation, a 29% reduction in our net CO2
emissions per cementitious product vs. 1990, a goal aligned with
science-based targets methodology
-
Consistent with our customer centricity objective, aligned with
international standards and considering a baseline of 44, our ambition
is to reach 60 for our Net Promoter Score (NPS).
-
As part of our employee experience, we aspire for at least 80% of our
workforce to recommend CEMEX as a good place to work.
The 2018 Integrated Report includes an external verification report
carried out by KPMG and was prepared in accordance with the Global
Reporting Initiative (GRI) Standards.
To learn more about how we build a stronger CEMEX, please visit:
https://www.cemex.com/IntegratedReport2018
CEMEX is a global building materials company that provides high-quality
products and reliable services to customers and communities in more than
50 countries. CEMEX has a rich history of improving the wellbeing of
those it serves through innovative building solutions, efficiency
advancements, and efforts to promote a sustainable future. For more
information, please visit: www.cemex.com
Follow us on: facebook.com/cemex, twitter.com/cemex,
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CEMEX assumes no obligation to update or correct the information
contained in this press release. 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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