Cemex
Cemex, officially known as Cemex S.A.B. de C.V., is a global leader in the building materials industry, headquartered in Monterrey, Mexico (MX). Founded in 1906, the company has established a strong presence in over 50 countries, with significant operations across North America, Europe, Latin America, and Asia. Cemex specialises in the production and distribution of cement, ready-mix concrete, and aggregates, offering innovative solutions that cater to diverse construction needs. Its commitment to sustainability and technological advancement sets it apart in the market, enabling efficient resource management and reduced environmental impact. Recognised for its robust market position, Cemex has achieved numerous accolades, including being listed among the top cement producers globally. With a focus on quality and customer service, Cemex continues to shape the future of construction worldwide.
DitchCarbon Score
How does Cemex's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Cement Production industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Cemex's score of 92 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cemex's reported carbon emissions
In 2024, CEMEX, headquartered in Mexico (MX), reported total carbon emissions of approximately 27,200,000,000 kg CO2e for Scope 1, 2, and 3 combined. Specifically, their emissions breakdown includes about 27,200,000,000 kg CO2e for Scope 1, 2,200,000,000 kg CO2e for Scope 2, and 13,400,000,000 kg CO2e for Scope 3. This represents a significant commitment to reducing their carbon footprint, with a target to achieve net-zero CO2 emissions across all scopes by 2050. CEMEX has set ambitious near-term reduction targets, aiming for a 25.1% reduction in gross Scope 1 and 2 GHG emissions per ton of cementitious material by 2030, using 2020 as the baseline year. Within this target, they plan to reduce Scope 1 emissions by 22.7% and Scope 2 emissions by 58.1%. Additionally, they aim to cut Scope 3 emissions from purchased goods and services by 25.2% and from fuel and energy-related activities by 40% by the same year. The company has also committed to a long-term goal of reducing gross Scope 1 and 2 GHG emissions by 95.4% and Scope 3 emissions from purchased goods and services by 95.9% by 2050, again using 2020 as the baseline. Furthermore, they plan to reduce remaining Scope 3 emissions by 90% within the same timeframe. CEMEX's climate commitments are validated under the Science Based Targets initiative (SBTi), aligning with the 1.5°C scenario to limit global warming. Their proactive approach to sustainability reflects a comprehensive strategy to mitigate climate change impacts within the construction materials sector.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 43,400,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 3,600,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Cemex is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
