CEMEX Reaffirms Its Commitment to Contribute to a Low-Carbon Future
April 28 2016 - 6:30AM
Business Wire
CEMEX released its 2015 Sustainable Development Report, which
reinforces the company’s dedication to mitigate global warming.
CEMEX, S.A.B. de C.V. (“CEMEX”) (NYSE: CX) announced today its
position on climate change, by reaffirming its commitment to the
recently signed Paris Agreement. CEMEX agrees with the vast
majority of the scientific community that the benefits of
mitigating global warming will by far outweigh any costs to achieve
this goal, and welcomes the ambitious targets, the bottom up
commitments from signatory Countries, and the prominent role of
market mechanisms in the Paris Agreement.
For almost a decade, CEMEX has publicly called for a global
carbon market as a key instrument to combat climate change. As one
of the initial members of the Carbon Pricing Leadership Coalition
(CPLC) and as co-chair of the Cement Sustainability Initiative
(CSI), CEMEX is a leading contributor to global warming reduction
efforts worldwide.
Aligned with the cement industry’s action plan presented at
COP21 to help tackle climate change, during 2015, CEMEX avoided
almost 7.5 million tons of CO2 emissions - equivalent to the
average annual emissions of 1.4 million cars - as a result of its
initiatives to reduce its clinker factor, increase the use of
alternative fuels, and lower its indirect emissions through the
utilization of power from clean energy sources.
“At CEMEX, we welcome the ambition of the Paris Agreement and
the prominent role that market mechanisms play in it. However, this
is just a first step,” said Fernando A. Gonzalez, Chief Executive
Officer of CEMEX. “Combating global warming will only be possible
with significant efforts by all sectors of society, and it will
require a transformation of our infrastructure that is both more
carbon-efficient and resilient.”
Additionally, CEMEX is publishing the progress on its
initiatives to mitigate global warming, as well as its achievements
to build a sustainable future through its 2015 Sustainable
Development Report, released for the 13th consecutive year. The
report includes an external limited assurance statement by
PricewaterhouseCoopers for the 10th consecutive year, as well as a
statement from the company’s Sustainability Reporting Advisory
Panel.
To better align its report with stakeholder’s main interests,
CEMEX prepared its 2015 Sustainable Development Report using the
GRI-G4 Guidelines, opting for the “in accordance” Comprehensive
option, and requesting the Global Reporting Initiative to conduct
the Materiality Disclosures Service.
To learn more about CEMEX’s sustainability strategy and
achievements, please read CEMEX’s 2015 Sustainable Development
Report, available online at:
http://www.cemex.com/SustainableDevelopment/files/CemexSustainableDevelopmentReport2015.pdf
To learn more about CEMEX’s position on climate change, please
read CEMEX’s Position Paper, available online at:
http://www.cemex.com/MediaCenter/files/CEMEX_POSITION_on_Climate_Change.pdf
CEMEX is a global building materials company that provides high
quality products and reliable service to customers and communities
in more than 50 countries. Celebrating its 110th anniversary, CEMEX
has a rich history of improving the well-being of those it serves
through innovative building solutions, efficiency advancements, and
efforts to promote a sustainable future.
For more information on CEMEX, please visit: www.cemex.com
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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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version on businesswire.com: http://www.businesswire.com/news/home/20160428005628/en/
CEMEX, S.A.B. de C.V.Media Relations:Jorge
Perez, +52(81) 8888-4334mr@cemex.comorInvestor
Relations:Eduardo Rendon, +52(81)
8888-4256ir@cemex.comorAnalyst Relations:Lucy
Rodriguez, +1-212-317-6007ir@cemex.com
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