Fortune recognizes CEMEX again as a company that changes the world - Fortune recognizes CEMEX again as a company that changes the world
September 21, 2020
- For the third time, FORTUNE includes CEMEX on its list of companies seeking to help the planet and meet society's needs.
CEMEX, S.A.B. de C.V. (“CEMEX”) (NYSE: CX) announced today that it was once again included in the "FORTUNE 2020 Change the World" list, which highlights companies around the world that have generated a social impact through activities that are part of their business strategy. With its inclusion in the 2015 and 2017 FORTUNE “Change the World” lists, this is the third time that CEMEX has received this distinction.
FORTUNE recognized CEMEX's efforts in social impact business models. One of the recognized initiatives was the rapid deployment of solutions to meet the current challenges caused by the COVID-19 pandemic. Working with the Mexican Institute of Social Security and in coordination with more than 20 multisectoral partners in Mexico, CEMEX built mobile hospitals with highly durable precast antibacterial concrete modules in a record time of two weeks per medical facility. This effort in Mexico will be replicated in other countries where CEMEX has operations to contribute to global challenges positively.
"Once again, we are honored by FORTUNE's recognition of our efforts to improve the well-being and quality of life of the population," said Fernando A. González, CEO of CEMEX. "By living our purpose of building a better future and working with our stakeholders, we seek to develop innovative solutions, while promoting a sustainable and resilient future."
Each year, FORTUNE looks for companies with recent impact. The initial solicitation and assessment of nominees is conducted in partnership with the Shared Value Initiative, a global platform for organizations seeking business solutions to social challenges. A team of journalists from FORTUNE then investigates each of the candidates independently. The final list is selected and ranked by the editors of FORTUNE based on its reporting and analysis. FORTUNE's annual "Change the World" list is intended to showcase capitalism's power to improve the human condition by identifying companies that have made an important social or environmental impact through their profit-making strategy and operations. FORTUNE considered four criteria: Measurable social impact, Business results, Degree of innovation, and Corporate Integration.
For more information on the “Fortune 2020 Change the World” list, please visit:
CEMEX is a global building materials company that provides high-quality products and reliable services. CEMEX has a rich history of improving the well-being of those it serves through innovative building solutions, efficiency advancements, and efforts to promote a sustainable future. For more information, please visit: www.cemex.com
CEMEX assumes no obligation to update or correct the information contained in this press release. CEMEX is not responsible for the content of any third-party website or webpage referenced to or accessible through this press release. This press release contains forward-looking statements within the meaning of the U.S. federal securities laws. CEMEX intends these forward-looking statements to be covered by the safe harbor provisions for forward-looking statements in the U.S. federal securities laws. In some cases, these statements can be identified by the use of forward-looking words such as “may,” “assume,” “might,” “should,” “could,” “continue,” “would,” “can,” “consider,” “anticipate,” “estimate,” “expect,” “plan,” “believe,” “foresee,” “predict,” “potential.” “target,” “strategy,” “intend” or other similar words. These forward-looking statements reflect CEMEX’s current expectations and projections about future events based on CEMEX’s knowledge of present facts and circumstances and assumptions about future events, as well as CEMEX’s current plans based on such facts and circumstances. These statements necessarily involve risks and uncertainties that could cause actual results to differ materially from CEMEX’s expectations.