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2020 / 2021 Edition

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CEMEX align with new European CO2 target

CEMEX

Company’s operations in Europe set sights on reduction in CO2 of at least 55% by 2030

FOLLOWING many years of carbon reduction and alignment with EU regulations and environmental policies, CEMEX say they are the first company in the sector to target a CO2 reduction in their European operations of at least 55% by 2030.

Welcoming European Commission President Ursula von der Leyen’s commitment to increase the 2030 target for emission reduction to at least 55%, announced in her recent landmark State of the Union address, CEMEX say they are pleased to align with the new European Union aspirations and targets.

The company’s European operations currently expect to achieve a 35% reduction in carbon emissions from cementitious materials by the end of this year, a decade ahead of the 2030 global commitment outlined by CEMEX in their Climate Action strategy announced in February 2020.

Fernando A. Gonzalez, chief executive officer of CEMEX, said: ‘We welcome the clarification from the European Commission President and are proud to be the first building materials company to align with the commitment. We look forward to advancing investment, research and development to decarbonize our operations.

‘Our European business operates in an environment that has driven continuous improvement and, as a result, by the end of this year, we expect to have reduced our carbon emissions by 35% compared with the 1990 baseline. I am very proud of the resourcefulness and determination of our team to hit this milestone in Europe 10 years ahead of the CEMEX global 2030 target.’

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