CEMEX announced that the World Business Council for Sustainable Development (WBCSD) recognised CEMEX’s best reporting practices in its 2018 “Reporting Matters,” highlighting the company’s Net Value to Society Statement. According to the WBCSD, the Net Value to Society methodology is a tool that “consolidates positive and negative impacts proving its suitability for managing sustainability in a holistic way while also providing key information for decision-making and risk management.”

CEMEX developed its Net Value to Society Statement to enhance understanding of the materiality, relevance, and interdependency of the company’s positive and negative impacts, including those considered as externalities. To determine this value, several economic, social, and environmental impacts are added or subtracted from CEMEX’s retained benefit. The result is an essential step to informed management and decision-making to improve the value that CEMEX contributes to the company, society, and the planet.

Read the complete press release: https://cmx.to/2RtvOwf