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BMV recognises CEMEX

Published by , Editorial Assistant
World Cement,

CEMEX has announced that, for the fourth consecutive year, the Mexican Stock Exchange (BMV) recognised it as the company with the highest overall sustainability credentials from a total of 57 listed companies. As part of this annual assessment, the company also outperformed the average score of its industry.

For the eighth consecutive year, BMV included CEMEX in its Sustainability Index. This index comprises the top performers in three pillars of sustainability: Corporate Governance, Social Responsibility, and Environmental Care.

The award ceremony was held on 14 June in Puerto Vallarta, Mexico, at the 10th Issuer Forum of the Mexican Stock Exchange. Jaime Ruiz Sacristán, Chairman of the Mexican Stock Exchange, and José Oriol Bosch, CEO of the Mexican Stock Exchange, hosted the event.

The company’s sustainability performance highlights include the following: zero employee fatalities for the first time, with 96% of its global operations fatality and injury free; 27.1% alternative fuels rate, the highest in the past four years; +13 million t of waste from other industries seized as fuel or raw material in production processes, representing 32 times more than the amount of waste it sent for disposal; 21.6% reduction of specific CO2 emissions vs 1990, avoiding around 8 million CO2 t during the year; Biodiversity Action Plans implemented in 91% of its quarries with high biodiversity value; +16 million people positively impacted by the company’s social initiatives; 95% of its cement sites implemented Community Engagement Plans.

“This recognition encourages CEMEX to keep on enhancing our environmental, social, and governance performance and to continue pursuing our global sustainability ambitions to generate the most value for our stakeholders,” said Vicente Saiso, Corporate Director of Sustainability at CEMEX.

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Cemex news US cement news Cement news 2018