Carbon Trust validates Cemex’s 2030 CO2 reduction roadmap

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Mexico: Cemex says that Carbon Trust has validated its roadmap to decarbonise global operations in line with the Sectoral Decarbonisation Approach (SDA) 2-degree scenario (2DS) developed by the International Energy Agency (IEA). The validated roadmap is intended to help the company to achieve a 35% reduction of net carbon emissions by 2030. The findings validate Cemex's roadmap for reducing Scope 1 and 2 emissions.

The Carbon Trust has assessed the technical feasibility of the plan based on guidelines defined by international institutions including the International Energy Agency, the Cement Sustainability Initiative, and the European Climate Research Alliance. The CO2 reduction methods include the use of alternative fuels, using decarbonated raw materials, renewable power projects, and novel cements, among others. The validation also included a review of Cemex's commitment to implement the scheme based on governance mechanisms and business planning.

“The magnitude and complexity of change required by a company such as Cemex to decarbonise its global operations is significant. Our assessment provides the organization’s management, investors and stakeholders with an independent validation that its commitments are backed up by sound assumptions and planning,” said Aleyn Smith-Gillespie, Associate Director Advisory at the Carbon Trust.

URL: https://globalcement.com/news/item/11405-carbon-trust-validates-cemex-s-2030-co2-reduction-roadmap

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