Future in Action

Future in Action

Future in Action

A message from Sergio Menendez….. As you are aware, Climate Action is one of the four key priorities in our region. In the last year, we have seen the urgency of this topic significantly increase with our stakeholders, and a very fast-moving agenda develop of new technologies and levers for us to decarbonise our business.

Last year, our Company launched a new, more ambitious global climate strategy to reduce CO2 emissions from our 1990 baseline by 35% by 2030, along with an ambition to deliver net zero concrete worldwide by 2050. All these activities will be carried out under our new initiative of ‘Future in Action’:

Within CEMEX our EMEAA region is well placed to lead this development due to our regulatory environment, customer expectations, and building on decades of work to address the Sustainability Agenda. Last year, our European operations reached the milestone of 35% CO2 reduction a full decade ahead of our global targets. With this in mind, we became the first and only Company in our sector to align our European operations to the European Union’s aspiration to achieve a 55% reduction in CO2 by 2030.

I am delighted to see so many of you embracing this priority and working towards our CO2 targets. The urgency of this topic has led to many great initiatives, often complemented by approaches from external technology providers.

I am pleased to announce the launch of our regional ‘Future in Action’ network today. The network will help us to ensure that we are consistently applying the best climate action practices, and not duplicating research efforts and cost, while accelerating delivery of results to decarbonise our business for the short and long term.  The network is structured to focus on ‘The 5 C’s’ –

  • CLINKER
  • CEMENT
  • CONCRETE
  • CARBONATION
  • CONSTRUCTION

…in line with many sector CO2 reduction roadmaps. For your interest, I attach the Cembureau 2050 roadmap for our sector https://cembureau.eu/media/kuxd32gi/cembureau-2050-roadmap_final-version_web.pdf, (or see the UK News download section here) along with some information about the network structure, its track leaders, our climate ambitions and some relevant targets. As a Company, we also have CO2 roadmaps per cement plant, and these are also being developed for our other business areas.

I would appreciate your support to join a network track if requested, to assist this priority which is vital not only for the future of our business, but also to address climate change for the generations following us.

Best Regards, Sergio