The cement and construction industries are among the highest CO2 emissions generators in the world. The cement industry alone accounts for 8% of global emissions, not far behind the agriculture industry with 12% [ref]. In 2021, the cement industries were in the Top 10 CO2 generators in Portugal [ref2]. 8.7 million tons of CO2 were...
CEMEX, S.A.B. de C.V. (“CEMEX”) (NYSE: CX) announced strong results for the full year 2021 with double-digit EBITDA growth, the highest in more than a decade, coupled with a double-digit increase in sales driven by higher volumes and robust pricing in all core products in all regions. EBITDA margin increased 0.8 percentage points in the year, despite headwinds in energy and import costs. CO2 emissions declined 4.4 percentage points, the largest annual decline the company has ever achieved.