Cemex, S.A.B. de C.V. announced that it is ranked second on the Latin American Climate Disclosure Leadership Index, a ranking compiled by CDP that recognizes leading companies in the disclosure of data related to environmental and CO2 emissions performance.
Cemex earned the ranking for its sound sustainability practices and its comprehensive disclosure, which earned a score of 99 out of 100 for the transparency and completeness of information provided. This is the fourth consecutive year that the company was included in the index.
“We are pleased by this ranking, which reinforces our commitment to minimize the carbon footprint of our operations,” said Vicente Saiso, director of sustainability, Cemex. “Sustainability is fully embedded in our business strategy and our day-to-day efforts to provide innovative building materials and solutions that satisfy the needs of a resource-constrained society.”
CDP is an international, not-for-profit organization that provides the only global system for companies and cities to measure, disclose, manage and share vital environmental information. The organization works with market forces, including 822 institutional investors with assets of $95 trillion, to motivate companies to disclose their impacts on the environment and natural resources and to take action to reduce them. CDP holds the largest global collection of primary climate change, water and forest risk commodities information, and positions these insights at the heart of strategic business, investment and policy decisions.