Cemex Philippines lands in top 25 percent of global sustainability index
Cemex Holdings Philippines Inc. (CHP), a leading cement manufacturer in the Philippines, achieved a notable performance in the S&P Global Corporate Sustainability Assessment (CSA) 2022, ranking in the top 25 percent of the construction materials industry.
This marked the first time CHP participated in the CSA, ranking way above industry mean for environmental, social and governance (ESG) and economic indicators.
It performed well in several ESG dimensions such as talent attraction and retention, occupational health and safety, operational eco-efficiency, and business ethics.
The S&P Global CSA is an annual evaluation of the sustainability practices of over 10,000 companies around the globe, across different industries covering ESG criteria. The CSA results are used to determine the composition and weighting of the Dow Jones Sustainability Indices, one of the most prestigious global benchmarks for corporate sustainability.
“We are very proud of this achievement, which reflects the importance of sustainability in our business strategy and creating value for our stakeholders,” said Luis Franco, president and CEO of CHP. “We will continue to pursue excellence in sustainability, as part of our vision to build a better future for everyone.”
About CEMEX
CEMEX is a global construction materials company that is building a better future through sustainable products and solutions. CEMEX is committed to achieving carbon neutrality through relentless innovation and industry-leading research and development. CEMEX is at the forefront of the circular economy in the construction value chain, and is pioneering ways to increase the use of waste and residues as alternative raw materials and fuels in its operations with the use of new technologies. CEMEX offers cement, ready-mix concrete, aggregates, and urbanization solutions in growing markets around the world, powered by a multinational workforce focused on providing a superior customer experience, enabled by digital technologies. For more information please visit: www.cemexholdingsphilippines.com