The path to carbon neutrality
Our purpose is to build a better future, and in order to do that we must address humanity’s most pressing issue: climate change. As one of the world’s largest building solutions providers, climate action has been a priority for CEMEX for many years. We are fully aware that our production processes have a carbon footprint.
According to the Global Cement and Concrete Association (GCCA), the cement industry is responsible for about 5% - 8% of the world’s CO2 emissions. We also know that our end-product, ready-mix concrete, is the most used man-made material in the world and plays an essential role in society’s development and growth. This sets the stage for us to contribute to climate change mitigation by reducing CO2 emissions in our production processes, as well as the entire life cycle of our products.
The program now focuses on achieving sustainable excellence through climate action, circularity, and natural resource management with the primary objective of becoming a net-zero CO2 company.
Climate Action Goals and Ambitions
Recognizing that global climate action goals require stronger efforts, and ensuring sustainability is at the core of everything we do, we created Future in Action, a program focused on developing lower-carbon products, solutions, and processes to become a net-zero CO2 company.
The objective is clear: achieving carbon neutrality. In order to reach it, we are setting aggressive decarbonization goals with a very specific roadmap to achieve them, and working with external partners to validate and endorse our commitments.
Our ultimate goal is to become a net-zero CO2 company by 2050. To ensure we are on the right track, we have set the most ambitious 2030 targets available to the industry:
Scope 1 Goals*
47% less of CO2 per ton of cementitious material
35% less of carbon content in concrete
Scope 2 Goals
65% in clean electricity consumption
Scope 3 Goals**
25% reduction in CO2 per ton of purchased clinker and cement
30% reduction in transport emissions
40% reduction of scope 3 emissions per ton of purchased fuels
42% reduction in absolute scope 3 emissions from the use of traded fuels
* vs. our 1990 baseline
** vs. our 2020 baseline.
To become a net-zero CO2 company