About Us - Press Release - CEMEX announces significant progress towards sustainable development commitments; confirms mid term targets
May 6, 2010
CEMEX, S.A.B. de C.V. (NYSE: CX) announced today significant progress in many key performance indicators related to its global sustainable development strategy, highlighting important achievements in major areas such as workplace safety, environment and climate change, land management and biodiversity, and its contribution to the communities where it has its operations.
"During 2009, despite the challenges posed by the global economic crisis, CEMEX deepened its commitment to its sustainable development initiatives," said Lorenzo H. Zambrano, CEMEX Chairman and CEO. "Taken together, our initiatives to address climate change implemented since 2006 allow us to avoid more than 1.5 M tons of CO2 emissions on an annualized basis, the equivalent of emissions made by about 290,000 passenger vehicles in one year. We reconfirm our commitment to address climate change and to the development of a low-carbon economy."
The achievements listed below highlight CEMEX’s dedication to making a positive impact throughout its operations worldwide, as it works, together with its stakeholders, to build a sustainable future.
- CEMEX has reduced its Lost Time Injury Frequency Rate (LTIFR) 33% in 2009 to 3.2 incidents per million hours worked. CEMEX will continue working towards its ultimate goal of zero incidents and confirms its target LTIFR of 2.5 by 2010
- In 2009, 98% of CEMEX sites had implemented the company’s Safety Management System, up from 80% in 2008, and on track to reach 100%. The system covers practices in driving safety, contractor management, and safety leadership, among others
Environment and climate change
- CEMEX achieved a 20.7% reduction on CO2 emissions per ton of cement produced relative to its 1990 baseline. CEMEX re-confirms its 25% reduction target by 2015
- CEMEX increased the use of alternative fuels (which include more environmentally-friendly energy sources such as household, industrial, and agricultural waste) from 10.3% in 2008 to 16.4%, in 2009, exceeding its target for 2015 ahead of time. CEMEX re-confirms its targeted alternative fuels substitution rate of 23% by 2020
- In 2009, CEMEX achieved a 12.2% raw material substitution rate in its clinker production, an important component of cement production, with byproducts from steel and coal power generating plants, reducing use of conventional raw materials processed by its kilns and avoiding CO2 emissions. CEMEX has exceeded its 12% target by 2015 ahead of time, and re-confirms its target of 15% substitution rate by 2020
- CEMEX completed the EURUS wind farm, developed jointly with ACCIONA Energía, the third largest project of its kind registered as a United Nation’s Clean Development Mechanism project. EURUS satisfies 25% of CEMEX’s power requirements in Mexico
- CEMEX’s Center for Technology and Innovation in Switzerland is developing more energy efficient building materials for use in sustainable construction and the creation of buildings with a diminished environmental footprint
- CEMEX began co-chairing the Urban Infrastructure Initiative, a WBCSD project promoting "a world where cities provide a sustainable environment to live, work and play" and became member of the United Nations Environment Program’s Sustainable Building and Climate Initiative (SBCI),
Land Management and Biodiversity
- Overall, 82% of CEMEX active sites have quarry rehabilitation plans in place achieving the 2010 target ahead of time, and on track to meet its goal of 100% by 2015
- CEMEX continued working alongside BirdLife International to enhance its biodiversity management
- CEMEX continues to maintain one of the five great wilderness ecosystems of the world, El Carmen, home to more than 500 animal and 500 plant species, some of which are protected
Access to improved housing and community infrastructure
- Patrimonio Hoy, our low-income housing program received the UN HABITAT Business Awards in the category of affordable housing. The program, now available in five countries-Mexico, Colombia, Nicaragua, Costa Rica, and as of 2009, the Dominican Republic-has nearly 100 service centers and has assisted more than 260,000 families, an increase of 16% from 2008
- The company continues expanding its portfolio of low-income housing and community infrastructure solutions through several programs, including: Centros Productivos de Autoempleo, ConstruApoyo, Mejora tu Calle, and Lazos Familiares.
In coordination with the achievements noted above, during 2009 CEMEX launched an initiative to foster a culture of innovation throughout its operations. This effort coordinates experts from all of CEMEX’s business units to develop initiatives targeted at reducing energy use, increasing the use of alternative fuels, improving customer service and promoting new ready mix products for sustainable construction.
CEMEX’s intends to continue pursuing important and decisive actions towards strengthening its commitment to sustainable development as part of its overall business model.
CEMEX’s sustainability goals and progress are outlined in the Company’s 2009 Sustainable Development Report. CEMEX’s report is aligned with the Global Reporting Initiative (GRI) G3 Guidelines, the most widely used and credible sustainability reporting framework globally, achieving a GRI-checked A+ for the second consecutive year, the highest possible application level, demonstrating CEMEX’s commitment to transparency.
The full 2009 Sustainable Development Report, along with PricewaterhouseCoopers independent assurance statement, is available online in the sustainable development section at http://www.cemex.com/sustainability/. More information on the GRI is available at www.globalreporting.org.
CEMEX is a global building materials company that provides high-quality products and reliable service to customers and communities in more than 50 countries throughout the world. CEMEX has a rich history of improving the well-being of those it serves through its efforts to pursue innovative industry solutions and efficiency advancements and to promote a sustainable future. For more information, visit www.cemex.com.
This press release contains forward-looking statements and information that are necessarily subject to risks, uncertainties, and assumptions. Many factors could cause the actual results, performance, or achievements of CEMEX to be materially different from those expressed or implied in this release, including, among others, changes in general economic, political, governmental and business conditions globally and in the countries in which CEMEX does business, changes in interest rates, changes in inflation rates, changes in exchange rates, the level of construction generally, changes in cement demand and prices, changes in raw material and energy prices, changes in business strategy, and various other factors. CEMEX assumes no obligation to update or correct the information contained in this press release.