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News Cemex's European CO2 emissions decline by 41% between 1990 and 2022

Cemex's European CO2 emissions decline by 41% between 1990 and 2022

Written by Global Cement staff 24 February 2023
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Europe: Cemex’s annual CO2 emissions from its European operations fell by 41% in 2022 compared to 1990. It added that it had cut its emissions in the region by 12% between 2020 and 2022. The group attributed the decline to the success of its climate action strategy to date, including a large investment in a new alternative fuels facility in the UK, investments in solar power plants in Germany and Poland and the roll-out of its Vertua reduced-CO2 products across the region.

Regional president Sergio Menendez said "As we begin to implement the next stages in our climate action strategy, we now expect to exceed our 2030 aspiration of hitting a 55% CO2 reduction in our European operations. While we are progressing important carbon capture projects and policy advocacy for our ultimate net zero target, these 2030 interim aspirations are not reliant on this technology.” he continued, “This is certainly a challenging target, but I am confident that with innovative thinking, close collaboration between our different business areas and further development of our regulatory framework, it is both feasible and profitable. This sustained effort is vital if we are to meet our global, primary objective of becoming a net-zero CO2 company by 2050. We will continue to provide regular updates on our progress.”

Last modified on 01 March 2023
Published in Global Cement News
Tagged under
  • Europe
  • Cemex
  • CO2
  • Sustainability
  • Germany
  • Poland
  • Alternative Fuels
  • UK
  • Solar power
  • renewable energy
  • Energy
  • Strategy
  • target
  • net zero
  • GCW597
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