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CEMEX joins Europe net zero business group

CEMEX has joined the Corporate Leaders Group Europe (CLG Europe), convened by the Cambridge Institute for Sustainability Leadership in support of a climate neutral economy.
By Liam McLoughlin March 2, 2022 Read time: 2 mins
 CEMEX aims to deliver net-zero concrete to all its customers by 2050
CEMEX aims to deliver net-zero concrete to all its customers by 2050

CLG Europe is a diverse group of European businesses driving leadership on measures to deliver climate neutrality. Its members include Unilever, Microsoft, Coca- Cola European Partners, and EDF, and affiliates include Lloyds Banking Group, Anglian Water, IKEA, Sky, Hybrit and Tesco. CLG Europe is a founder member of the We Mean Business coalition.

Sergio Menendez, president for CEMEX EMEA Region said: “We are proud to join forces with the CISL’s Corporate Leaders Group Europe and other global companies to accelerate the decarbonisation of the built environment. We look forward to working together with the Corporate Leaders Group Europe to help us all achieve our shared climate action goals in Europe."
 
CEMEX says it aims to deliver net-zero concrete to all customers globally by 2050 as part of its Future in Action strategy. It claims to be the first in the cement sector to set a target of at least 55% CO2 reduction by 2030 in its European operations.

The company says it also works with architects, developers and local governments on urbanisation solutions such as net-zero buildings, electric mobility infrastructure to support sustainability goals, circular solutions, and resilient buildings and infrastructure.
 
CEMEX adds that its leadership is particularly important in the European context where the EU is revising its climate and energy policy framework to achieve at least 55% net emissions reductions by 2030 and climate neutrality by 2050 at the latest. The company says its ambitious policies would have a role to play in supporting policymakers and other businesses in stepping up climate ambition by leading by example.
 
CLG Europe director Eliot Whittington commented: “It is a privilege to welcome a major industrial business like CEMEX into the Corporate Leaders Group Europe – demonstrating how the proactive business voice in support of more ambitious climate action is growing. CEMEX have a strong track record of leadership on climate action, with a clear commitment to a net zero future and experience of delivering on their existing climate targets."
 
CLG Europe has a secretariat provided by the Brussels office of the Cambridge Institute for Sustainability Leadership.

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