CEMEX Showcases Sustainability Progress and Commitments at UN General Assembly
September 20 2022 - 4:03PM
Business Wire
- CEMEX’s CEO Fernando A. González was one of 11 CEOs present at
a sustainability roundtable hosted by UN Secretary-General António
Guterres.
- CEMEX reaffirmed its commitment to the UN Sustainable
Development Goals.
- CEMEX presented its industry-leading sustainable financing
initiatives during the UN Global Compact CFO Coalition’s SDG
Investment Forum.
CEMEX, S.A.B. de C.V. (“CEMEX”) announced today that it is
reaffirming its commitment to the United Nation’s Sustainable
Development Goals (SDGs), particularly those focused on climate
action; sustainable cities and communities; responsible consumption
and production; and industry, innovation, and infrastructure.
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Fernando A. González, CEMEX CEO, at the
sustainability roundtable hosted by UN Secretary-General. (Photo:
Business Wire)
CEMEX’s CEO, Fernando A. González, participated in a CEO
roundtable hosted by UN Secretary-General António Guterres at the
UN’s New York City headquarters on Monday, Sept. 19. The roundtable
included 11 CEOs representing companies from around the globe and
focused on proposals for strengthening the private sector’s
commitment to the SDGs.
“CEMEX’s core purpose is to build a better, more sustainable,
future,” said Fernando A. González. “We recently agreed to
strengthen our partnership with the UN on topics aligned with our
strategy and areas of expertise including sustainable finance,
supply chain, diversity and inclusion, and a just transition to a
carbon neutral economy. Moreover, through our flagship
decarbonization program, Future in Action, we seek to lead the way
in climate action for the building materials industry.”
In 2022, for the second consecutive year, the world achieved
little progress towards the SDG 2030 targets. The roundtable united
leaders from companies that are strongly contributing to the UN
Global Compact (UNGC) to discuss how to inspire ambitious and
principled business leadership committed to achieving the SDGs. The
UNGC is the world’s largest corporate sustainability initiative,
and an ideal platform for the private sector to align its
strategies and operations to the SDGs.
Recent contributions to the SDGs by CEMEX include the launch of
Vertua, its lower-carbon and net-zero CO2 family of products;
agreements to clean beaches and waterways, including the Nile
River, and use the recovered waste as an alternative fuel in its
operations; a new concrete 3D printing construction solution with
the potential to reduce housing costs; and the transition of
several cement plants to renewable electricity.
CEMEX was also present at the SDG Investment Forum organized by
the UNGC’s CFO Coalition. At the event, CEMEX’s CFO, Maher
Al-Haffar, spoke about CEMEX’s decarbonization pathway, the
experience of aligning its investments to the SDGs, and the
innovations required to deliver only net-zero concrete by 2050.
Earlier this year CEMEX published its Green Financing Framework,
which together with its Sustainability-Linked Framework align its
corporate finance strategy to its sustainability commitments and
support the financing of SDG-aligned investments in areas such as
CO2 emissions reduction, clean electricity, energy efficiency,
clean transportation, water management, air quality, circular
economy, and waste management.
CEMEX (NYSE: CX) 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
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 including, among
others, risks, uncertainties, and assumptions discussed in CEMEX's
most recent annual report and detailed from time to time in CEMEX’s
other filings with the Securities and Exchange Commission, which
factors are incorporated herein by reference, as well as CEMEX not
being to comply with the SDGs or reaching the goals under it’s
Future in Action program. These factors may be revised or
supplemented, but CEMEX is not under, and expressly disclaims, any
obligation to update or correct this press release or any
forward-looking statement contained herein, whether as a result of
new information, future events or otherwise. Any or all of CEMEX’s
forward-looking statements may turn out to be inaccurate.
Accordingly, undue reliance on forward-looking statements should
not be placed, as such forward-looking statements speak only as of
the dates on which they are made. 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 has no obligation to update this
press release.
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version on businesswire.com: https://www.businesswire.com/news/home/20220920006213/en/
Media Relations Jorge Pérez +52 (81) 8259-6666
jorgeluis.perez@cemex.com
Analyst and Investor Relations Alfredo Garza / Fabián
Orta +1 (212) 317-6011 +52 (81) 8888-4327 ir@cemex.com
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