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Our 2030 Targets

ESG Reporting Center

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Our 2030 Targets


We have defined a new set of ambitions with a 2030 vision that strengthens our commitment to building a better world and helping to alleviate some of the most significant challenges communities face today.

Progress Towards Our 2030 Sustainability Targets

CEMEX progress towards our 2030 sustainability targets  

[1] Target aligned with SBTi 1.5°C Scenario.
[2] In line with new scoping study carried out in 2021.
[3] We have implemented Water Action Plans in 100% of sites in extremely high water stress areas.
[4] New KPI, implementation strategy began on 2022.
[5] Individuals positively impacted from our social initiatives.
[6] 2030 KPI targets are annual targets.

NOTE: Objectives and goals described above are based on CEMEX's current business model and are subject to change as a result of different factors.
To know more about our KPI’s progress, please consult our 2021 Integrated Report.

 

The Rationale Behind Our New Ambitions

We conceive of sustainability as the only safe way to do business. This implies managing risks and opportunities and coordinating environmental, social, and financial demands relying on a solid governance framework. Sustainability is embedded in CEMEX’s strategy, and thus, it is linked to all functions across our business lines.

Coordinated by the Sustainability team, the process to define CEMEX 2030 Sustainability Ambitions involved collaboration of more than 10 corporate functions. Representatives from all countries and regions were also active participants in this effort, given our bottom-up approach to define our commitments with all of our business units accountable for contributing to the global goals’ achievement.

The key inputs considered during our internal discussions and analysis to define these new objectives include:

  • 2030 Agenda based on the UN Sustainable Development Goals
  • The Paris Agreement on Climate Change
  • Milestones in carbon regulated markets
  • WBCSD-IEA Low-Carbon Transition in the Cement Industry Roadmap
  • Global trends, risks, challenges, and opportunities
  • Materiality Matrix
  • CEMEX Top Management perspectives
  • Key stakeholders’ concerns and interests (e.g., governments, NGOs, universities, ESG analysts, industry associations, etc.)

 

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