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CEMEX joins All4YOUth

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World Cement,

CEMEX has announced that it is joining the Global Alliance for YOUth (All4YOUth), a business alliance consisting of more than 200 companies that seeks to strengthen the capabilities of young people between the ages of 18 and 29 years to enter the professional world. Announced at the World Economic Forum in Davos, Switzerland, CEMEX is one of 20 multinational companies to have recently joined the alliance.

All4YOUth is a business-driven movement of like-minded organisations that was founded by Nestlé in 2014. The organisations work together to help young people around the world to acquire the skills that are needed to thrive in the workplaces of today and tomorrow. Together with All4YOUth, CEMEX is continuing its contribution to the United Nations Sustainable Development Goals (SDGs). This is particularly with regard to six SDGs focused on youth, including zero hunger, quality education, gender equality, decent work and economic growth, reduced inequalities, and climate action.

It is hoped that the company’s participation in the alliance will help more than 65 000 young people by 2022. The company’s social programmes have so far reached 34 000 young people through the New Employment Opportunities alliance, with a rate of 60% formal job placement within six months.

The alliance also aims to reduce school dropout rates, contribute to young people’s employability, and help them to develop their skills for the workplace of today and tomorrow. CEMEX is continuing its digital talent development internally, by hiring and preparing people with work capabilities for the future.

“CEMEX seeks to promote and participate in high-impact social programmes to empower women, youth, and communities, helping them to find employment and improve family incomes,” said Fernando A. Gonzalez, CEO of CEMEX. “We are currently members of the NEO alliance, an initiative that works to raise and strengthen employment opportunities for young people through scholarships, counselling, and job training. Now, together with All4YOUth, we continue to strengthen our commitment to youth, and through this global alliance we are convinced that we can help them on a larger scale.”

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