Mexico: Cemex says it has validated its 2030 decarbonisation goals through the Science Based Targets initiative (SBTi) for alignment under their new 1.5°C scenario. Under the new target the group plans to reduce its Scope 1 (direct) emissions by 47% less of CO2 per ton of cementitious material and 35% less of carbon content in concrete compared to a 1990 baseline. A Global Cement estimate suggests that Cemex has set its 2030 target to around 425kg CO2/t of cementitious product compared to 800kg CO2/t in 1990 and 591kg CO2/t in 2021.
The group also intends to reduce its Scope 2 (indirect) emissions via a 65% increase in sustainable electricity consumption. It aims to reduce its Scope 3 emissions through a 25% reduction in CO2 per tonne of purchased clinker and cement, a 30% reduction in transport emissions, a 40% reduction of scope 3 emissions per tonne of purchased fuels and a 42% reduction in absolute scope 3 emissions from the use of traded fuels compared to a 2020 baseline.
