Future in Action
The path to carbon neutrality
Our purpose is to build a better future, and in order to do that we must address humanity’s most pressing issue: climate change. As one of the world’s largest building solutions providers, climate action has been a priority for CEMEX for many years.
We are fully aware that our production processes have a carbon footprint. According to the Global Cement and Concrete Association (GCCA), the cement industry is the source of about 5% - 8% of the world’s CO2 emissions. We also know that our end-product, ready-mix concrete, is the most used man-made material in the world and plays an essential role in society’s development and growth. This sets the stage for us to contribute to climate change mitigation by reducing CO2 emissions in our production processes, as well as the entire life cycle of our products.
Climate Action Goals and Ambitions
Recognizing that global climate action goals require stronger efforts, and ensuring sustainability is at the core of everything we do, we created Future in Action, a program focused on developing lower-carbon products, solutions, and processes to become a net-zero CO2 company.
The objective is clear: achieving carbon neutrality. In order to reach it, we are setting aggressive decarbonization goals with a very specific roadmap to achieve them, and working with external partners to validate and endorse our commitments.
Our ultimate goal is to become a net-zero CO2 company by 2050. To ensure we are on the right track, we have set the most ambitious 2030 targets available to the industry:
Scope 1 Goals*
47% less of CO2 per ton of cementitious material
35% less of carbon content in concrete
Scope 2 Goals
65% in clean electricity consumption
New Scope 3 Goals**
25% reduction in CO2 per ton of purchased clinker and cement
30% reduction in transport emissions
40% reduction of scope 3 emissions per ton of purchased fuels
42% reduction in absolute scope 3 emissions from the use of traded fuels
To become a net-zero CO2 company
* vs. our 1990 baseline
** vs. our 2020 baseline
Our past efforts and achievements to reduce carbon emissions, primarily focused on the cement production process, have proven successful. In fact, the technology and processes we need to achieve our 2030 goals have already been tested and are implemented in some of our operations, and need only be scaled.
Global Alignment and Validation
CEMEX is among the first companies in the global cement industry to validate its 2030 decarbonization goals through the Science-Based Targets initiative for alignment under their new 1.5ºC scenario, the most ambitious pathway defined for the industry. This validation includes scope 1, 2, and 3 targets, allowing us to contribute to meet the Paris Agreement goals and comply with the Business Ambition for 1.5°C by the United Nations. These goals keep us on the right path to achieving our ultimate goal to become a net-zero CO2 company by 2050.
We joined the United Nations’ “Race to Zero” campaign, and as of November 2021 we are a founding member of the First Movers Coalition, an initiative of the World Economic Forum to create market demand for zero carbon solutions.
News About Future In Action
Future In Action is our commitment to take immediate action to build a low carbon economy. It is not a slogan or ideal. It is a set of actions we are undertaking that we are sure will build a path to true carbon neutrality.
Read stories about our Future in Action program: