CEMEX is working with the Science-Based Targets initiative (SBTi) to validate its 2050 net-zero CO2 roadmap and its 2030 decarbonization goals to align with the latter’s recently announced 1.5º C scenario. It is committed to having the most ambitious decarbonization pathway in the building materials industry.
The company’s previous goals were aligned to the Well-Below 2º C scenario. After helping develop the new 1.5º framework as a member of the SBTi’s Expert Advisory Group, CEMEX has now aligned its Future in Action goals to the new standard and submitted them for review by the SBTi. It encourages others within the industry to do the same.
As part of this verification process, CEMEX will also establish 2030 and 2050 targets for its main scope 3 emissions.
“Mitigating climate change and decarbonizing the construction industry is our top priority,” said Fernando A. González, CEO of CEMEX. “The record-breaking CO2 reduction we achieved through Future in Action in the past 18 months gives us confidence that a more accelerated pathway for 2030 is possible. We are keenly aware of the role that our industry must play in the race to zero and are committed to continue leading in this challenge.”
Innovation is at the core of CEMEX’s Future in Action program, exemplified by Vertua, its family of products with sustainability attributes that includes lower-carbon cements and the first net-zero CO2 concrete. CEMEX expects Vertua products to account for most of its sales by 2025.
