Cemex has recently published its 2024 Integrated Report, titled Our Future in Action: Accelerating a Sustainable World, showcasing our Global operational and strategic performance in 2024.
The report demonstrates Cemex’s strategic progress in executing our growth strategy, reinforces our commitment to our Future in Action program, and underscores the power of going beyond traditional social responsibility to support our climate action goals.
Some of the main accomplishments presented in Cemex’s 2024 Integrated Report are:
Financial:
- Regained an investment-grade rating by Standard & Poor’s and Fitch.
- Reached US$939 million in net income, a record level in Cemex’s recent history.
- Announced a progressive shareholder dividend program.
Future in Action:
- Since 2020 Cemex has reduced cement Scope 1- and 2-specific CO2 emissions by 15% and 18% respectively — a pace that would have previously taken 16 years to achieve.
- Vertua® products accounted for 63% of total cement sales and 55% of total Concrete sales, exceeding our 2025 sales goal of 50%.
- Awarded a €157 million EU Innovation Fund grant for CO2 capture at Cemex’s Rüdersdorf plant in Germany, which is expected to become our first net-zero plant.
- Ranked #1 by the World Benchmarking Alliance among 91 companies in hard-to-abate industries, including steel and aluminium, achieving the highest climate transition score.
Stakeholder Engagement:
- Achieved a Net Promoter Score of 74, surpassing the industry customer loyalty benchmark.
- Launched the Cemex Go Acceleration Program in the U.S., resulting in a 60% increase in order adoption rates.
- Named to the Fortune Change the World List for the fourth year, recognising our stakeholder engagement.
To read Cemex’s 2024 Integrated Report, click here: http://www.cemex.com/en/integrated-report-2024