CEMEX Announces Significant Progress in Sustainable Development Commitments
April 14 2011 - 9:27PM
Business Wire
CEMEX, S.A.B. de C.V. (NYSE: CX), announced today significant
progress in many key performance indicators related to its global
sustainable development strategy, highlighting important
achievements in major areas such as sustainable construction,
workplace safety, environment and climate change, biodiversity and
wilderness preservation, and its contribution to the communities
where it operates.
“In 2010 we intensified our commitment to integrating
sustainability into all aspects of our worldwide business,” said
Lorenzo H. Zambrano, CEMEX Chairman and CEO. “As the largest
concrete producer in the world, we have both a responsibility and a
great opportunity to help lead the transition to a truly
sustainable construction industry, and to contribute to improving
the quality of life around our communities.”
Key highlights are:
- CEMEX intensified its work to improve
the qualities of concrete to build on its characteristics as the
most inherently sustainable building material. Led by its Global
Center for Technology and Innovation in Switzerland, CEMEX
technology centers around the world are creating a range of
innovative concrete products to meet the construction industry’s
growing demand for high-performance, low-carbon building
solutions.
- CEMEX introduced a carbon footprint
tool- the first of its kind in the building materials industry-
that allows measuring the greenhouse gas emissions of our cement,
ready-mix, and aggregates products. The tool has already been
implemented in all of CEMEX's operating cement plants, and is now
being extended across ready-mix and aggregates operations
worldwide. As a result, CEMEX will begin to roll-out carbon content
information for its products during 2011.
- CEMEX achieved a 20.5% reduction on CO2
net emissions per ton of cement produced relative to its 1990
baseline, allowing the avoidance of yearly emissions equivalent to
that of 1.2 million vehicles. CEMEX reconfirms its 25% reduction
target by 2015.
- CEMEX significantly increased the use
of lower-carbon alternative fuels. In 2010 the rate of
alternative-fuel use rose to 20.3% of total fuel mix, almost
doubling from the 10.3% recorded in 2008. CEMEX has introduced a
new 2015 target of 35% substitution rate for alternative fuels, by
far the most ambitious commitment in the cement industry.
- CEMEX, in coordination with BirdLife
International, completed a multi-year scoping study on the
biodiversity status of worldwide cement and aggregates operations.
The study assessed 543 sites and identified 131 sites that overlap
with areas of high biodiversity value. This study is being used to
develop biodiversity action plans. With 85% of all CEMEX quarries
having rehabilitation plans in place in 2010, CEMEX remains on
track to achieve its target of 100% by 2015.
- During 2010, CEMEX continued to execute
initiatives to build affordable housing and infrastructure in
developing markets. Last year, more than 45,000 families were able
to build or improve their homes through the Patrimonio Hoy program,
bringing the total to more than 300,000 since the program started
in 1998. With turnkey infrastructure development programs CEMEX
completed over 10 million square meters in urban concrete paving in
2010.
- Last year witnessed a number of extreme
weather events and natural disasters that severely affected
countries and communities where CEMEX operates. In response, CEMEX
intensified its disaster relief efforts, providing emergency
humanitarian aid and supporting long term reconstruction efforts to
different countries in different situations, like the Haiti
earthquake, flooding in Central Europe, and Northern Mexico’s
impact of Hurricane Alex.
- An integral part of CEMEX
sustainability commitment is the continuing, company-wide effort to
improve workplace and community safety. In 2010, CEMEX achieved a
19% reduction in its employee lost-time incident rate to 2.6
incidents per million hours worked. In 2011 we will implement a new
CEMEX Health and Safety Management System and we will continue the
worldwide rolling out of our LEGACY training program, both aimed at
facilitating CEMEX moving towards its ultimate goal of zero
incidents.
If you want to know more about CEMEX’s sustainability strategy
and efforts, please review CEMEX’s 2010 Sustainable Development
Report, which achieved a GRI-checked application level of A+ for
the third consecutive year, is available online at
http://www.cemex.com/sustainability.
CEMEX is a global building materials company that provides
high-quality products and reliable service to customers and
communities in more than 50 countries throughout the world. CEMEX
has a rich history of improving the well-being of those it serves
through its efforts to pursue innovative industry solutions and
efficiency advancements and to promote a sustainable future.
For more information, please visit: www.cemex.com
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This press release contains forward-looking statements and
information that are necessarily subject to risks, uncertainties,
and assumptions. Many factors could cause the actual results,
performance, or achievements of CEMEX to be materially different
from those expressed or implied in this release, including, among
others, changes in general economic, political, governmental and
business conditions globally and in the countries in which CEMEX
does business, changes in interest rates, changes in inflation
rates, changes in exchange rates, the level of construction
generally, changes in cement demand and prices, changes in raw
material and energy prices, changes in business strategy, and
various other factors. CEMEX assumes no obligation to update or
correct the information contained in this press release.
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