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 63 is higher than 97% 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 2023, CEMEX, headquartered in Mexico (MX), reported total greenhouse gas emissions of approximately 33,300,000,000 kg CO2e for Scope 1, 2, and 3 emissions combined. This includes about 33,300,000,000 kg CO2e from Scope 1, approximately 2,900,000,000 kg CO2e from Scope 2, and around 16,400,000,000 kg CO2e from Scope 3 emissions. CEMEX has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its entire value chain by 2050, using 2020 as the baseline year. The company has established near-term targets to reduce gross Scope 1 and 2 emissions by 25.1% per ton of cementitious material by 2030. This includes a 22.7% reduction in Scope 1 emissions and a significant 58.1% reduction in Scope 2 emissions within the same timeframe. Additionally, CEMEX aims to cut Scope 3 emissions from purchased goods and services by 25.2% per ton of purchased clinker and cement by 2030, alongside other specific reductions in various Scope 3 categories. Long-term targets include a 95.4% reduction in gross Scope 1 and 2 emissions and a 95.9% reduction in Scope 3 emissions from purchased goods and services by 2050. CEMEX is committed to achieving a 90% reduction in remaining Scope 3 emissions within the same period. These targets align with the Science Based Targets initiative (SBTi) and reflect CEMEX's commitment to sustainable practices in the construction materials sector.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 43,400,000,000 | 00,000,000,000 | 000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 8,137,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000,000 |
| Scope 3 | 2,179,000 | 0,000,000 | 00,000,000 | 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.
