Fortune recognises Cemex for the fourth time as a company that is changing the world.

Cemex announced today that it has been included in Fortune’s 2024 Change the World list. The list, selected by Fortune reporters and editors from a list of about 250 companies, showcases businesses that are having a positive social impact through activities that are part of their core business strategy. Cemex is receiving this distinction for the fourth time.

Fortune recognised Cemex’s work with VeryNile in cleaning the Nile River and developing a more sustainable solution for the collected waste. VeryNile is an initiative supported by the Ministry of the Environment in Egypt that develops eco-friendly solutions to remove inorganic waste from the Nile River. Plastics recovered from the river are upcycled, and non-recyclable waste is used as alternative fuel in Cemex’s Assiut Cement plant, alleviating pollution issues in the local ecosystem and improving water quality for the community while also providing 150 alternative jobs and income for fishermen and women affected by Nile contamination.

“We are once again honoured by Fortune’s recognition of our sustainable business model, which aligns environmental conservation with social empowerment,” said Fernando A. González, CEO of Cemex. “The Very Nile initiative exemplifies how companies can collaborate with NGO’s and society to change the world for the better.”

Cemex’s social impact strategy focuses on making a positive, lasting difference in cities and communities worldwide by supporting local economies, building resilient communities, and empowering people through skills development for employability and entrepreneurship. Cemex implements this strategy in collaboration with community leaders and local stakeholders.

You can read the full press release HERE.