About Us - Press Release - CEMEX implements “Water Policy” for global water management
December 9, 2013
CEMEX, S.A.B. de C.V. (“CEMEX”) (NYSE: CX) announced today that it is implementing a Corporate Water Policy that defines its global strategy for responsible water management and acts as a framework for the development of local water conservation and efficiency strategies across its operations worldwide.
The policy recognizes the important role that the building materials industry plays in the sustainable management of this finite resource.
“CEMEX is fully committed to carrying out our business activities in a sustainable manner, minimizing pressure on water resources and covering three essential aspects such as resource availability, resource quality, and ecosystem integrity,” said Lorenzo H. Zambrano, CEMEX’s Chairman and CEO.
The comprehensive approach detailed in CEMEX’s Water Policy includes the company’s compliance with relevant regulations and its commitment to protect ecosystems and biodiversity in its sites through sustainable water management. It also pledges to maximize water efficiency by managing water consumption and utilizing sustainable water sources such as rainwater. In addition to preventing water pollution, the company will monitor, review, assess, and disclose water efficiency performance against measurable targets to drive continuous improvement.
“CEMEX is proud to be leading the way in responsible water management for the building materials industry,” said Luis Farias, CEMEX Vice President of Energy and Sustainability. “This is a logical next step to complement our sustainability achievements, including increasing alternative fuel substitution rates and the use of renewable energy in our operations. This water policy reinforces our commitment to establish strategic alliances with authorities and local stakeholders, such as the recently launched Fondo de Agua Metropolitano de Monterrey (Metropolitan Water Fund of Monterrey) in Monterrey, Mexico, where CEMEX participates as a founding member, sponsor, and member of the Executive Committee.”
The Corporate Water Policy is part of CEMEX’s Water Project, developed in partnership with the International Union for Conservation of Nature (IUCN). IUCN is the oldest and largest global environmental organization focused on helping the world find pragmatic solutions to our most pressing environment and development challenges. CEMEX and the IUCN began working together in 2010 to strengthen the company’s approach to water issues. Already, they have achieved results such as a methodology to standardize water measurement and management and to increase water efficiencies across all of the company’s operations.
CEMEX is a global building materials company that provides high-quality products and reliable services to customers and communities in more than 50 countries. CEMEX has a rich history of improving the well-being of those it serves through innovative building solutions, efficiency advancements, and efforts to promote a sustainable future.
This press release contains forward-looking statements and information that are necessarily subject to risks, uncertainties and assumptions. Many factors could cause the actual results, performance or achievements of CEMEX to be materially different from those expressed or implied in this release, including, among others, changes in general economic, political, governmental and business conditions globally and in the countries in which CEMEX does business, changes in interest rates, changes in inflation rates, changes in exchange rates, the level of construction generally, changes in cement demand and prices, changes in raw material and energy prices, weather conditions, changes in business strategy and various other factors. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described herein. CEMEX assumes no obligation to update or correct the information contained in this press release.
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