CEMEX announced that the Science Based Targets initiative (“SBTi”) has validated the company’s 2030 global carbon emissions targets, which are a key component of Future in Action, CEMEX’s program focused on developing low-carbon products, solutions, and processes to transition to a net-zero CO2 company by 2050.

According to SBTi, the foremost authority on science-based climate action goals, CEMEX’s targets conform with its criteria and recommendations to approve companies´ targets and are in line with what the climate science deems necessary to meet the goals of the Paris Agreement – limiting global warming to well-below 2°C above pre-industrial levels and pursuing efforts to limit warming to 1.5°C.

CEMEX has the most ambitious 2030 targets for the cement industry, a reduction of the net GHG direct emissions of 40% vs. a 1990 baseline, meaning an expected reduction in direct (Scope 1) greenhouse gas (“GHG”) emissions of 20% per ton of cementitious material by 2030 from a 2020 base year. CEMEX has also committed to reduce its indirect electricity GHG emissions (scope 2) by 42% by 2030 from a 2020 base year.

“Climate action is the biggest challenge of our times. CEMEX is taking decisive action to address it by defining ambitious emissions reduction targets in line with the Science Based Targets initiative and executing against those targets,” said Fernando A. Gonzalez, CEO of CEMEX. “We commit to continue leading the industry in climate action not only because it creates value, but more importantly because it is the right thing to do.”

For more information on the SBTi’s validation, please visit:

https://sciencebasedtargets.org/companies-taking-action