Cemex social impact initiatives recognized by the Boston College Center for Corporate Citizenship

Monterrey, Mexico. May 16, 2024. The Boston College Center for Corporate Citizenship (BCCCC) recognized Cemex for its social impact initiatives with two Innovation Awards in the categories of Eco-Innovator and Social-Impact Changemaker.

The VeryNile inititave, winner in the Eco-Innovator category, aims to preserve the Nile River through responsible activities such as waste collection. Through this project, Cemex has transformed over 250 tons of non-recyclable waste into an alternative fuel at its Assiut cement plant in Egypt. This initiative has alleviated pollution issues in the local ecosystems and improved water quality for the community, while also providing stable jobs and income for fishermen and women affected by Nile contamination.

The second winning project in the Social-Impact Changemaker category was Building Social Infrastructure Together. This initiative prioritizes the construction of sustainable infrastructure in collaboration with local authorities and organizations, providing materials for enhanced housing, access roads, and community spaces in Colombia. Through 109 social infrastructure projects, Cemex has contributed to improvements in the lives of nearly 200,000 people, empowering communities to self-manage available resources.

These awards are a testament to Cemex’s social impact strategy which is focused on making a positive and lasting difference in the communities in which Cemex operates. Cemex executes this strategy in collaboration with community leaders and local stakeholders.

The Boston College Center for Corporate Citizenship’s Innovation Awards honor and celebrate the achievements of forward-thinking companies that apply their business assets to create positive social and environmental impacts.

You may access the complete list of companies that achieved in BCCCC’s Innovation Awards at the following link:

https://ccc.bc.edu/content/ccc/blog-home/2024/04/2024-innovation-award-winners.html

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 help 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.cemex.com

About BCCCC

Boston College Center for Corporate Citizenship helps companies advance and elevate their corporate citizenship to deliver both business and social value. As one of the leading corporate citizenship membership communities, the BCCCC use its research-based knowledge, best-in-class learning opportunities, and dynamic peer network to help companies know more about the global landscape of corporate citizenship; do more to optimize performance and value through the environmental, social, and governance (ESG) dimensions of firm performance—and thus achieve more as effective corporate citizens.