BUSINESS

CEMEX decarbonisation goals validated by the Science Based Targets initiative 

11/11/2022 02:47 PM

KUALA LUMPUR, Nov 11 (Bernama) -- CEMEX, S.A.B. de C.V. (CEMEX) has announced that it is among the first companies in the global cement industry to validate its 2030 decarbonisation goals through the Science Based Targets initiative (SBTi) for alignment under their new 1.5ºC scenario, the most ambitious pathway defined for the industry.

According to a statement, this validation includes scope 1, 2, and 3 targets.

“Climate change is the biggest challenge of our times, and the building materials industry must be at the forefront of decarbonising the built environment,” said Chief Executive Officer of CEMEX, Fernando A. González.

“We are committed to being leaders on the path to net-zero through relentless innovation and aggressive targets that are backed up by meaningful and measurable progress.

“The SBTi’s validation is clear evidence of this. Through Future in Action, we are reducing carbon emissions in every part of our value chain and providing our customers with lower carbon products so they can also be part of the solution.”

CEMEX, the largest concrete producer in the western world and a global leader in cement production, accelerated its decarbonisation efforts through its Future in Action programme in 2021, aiming to build a more sustainable, circular future, with the primary objective of becoming a net-zero CO2 company.

Since then, the company has achieved record-breaking CO2 reductions, and its performance to date has given the company the confidence that it can achieve a more accelerated pathway for 2030.

-- BERNAMA


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