Fortune Recognizes CEMEX´s Positive Impact in the World
August 20 2015 - 2:00PM
Business Wire
CEMEX, S.A.B. de C.V. (“CEMEX”) (NYSE:CX) announced today that
it has been included in Fortune’s Change the World list, a ranking
that recognizes 50 companies worldwide that have made a sizable
impact on major global social or environmental problems as part of
their competitive strategy. In the 16th place, CEMEX is the only
Latin-American based company included and the only company from the
construction materials sector.
CEMEX has been selected among over 200 nominees, thanks to its
Patrimonio Hoy program. The goal of this acknowledgement, according
to Fortune editor Allan Murray, is “to shine a spotlight on
companies that have made significant progress in addressing major
social problems as part of their core business strategy.” Moreover,
Murray considers that “business in pursuit of profit still offers
the best hope of addressing many of mankind's most deeply rooted
problems. Companies that are making genuine efforts to change the
world for the better should be encouraged.”
To assemble the list, Fortune worked together with FSG, a
non-profit social impact consulting firm, and business, academic
and nonprofit experts around the world. The evaluation considered
four criteria: the degree of business innovation involved, the
measurable impact at scale on an important social challenge, the
contribution of the shared-value activities to the company’s
profitability and competitive advantage, and the significance of
the shared-value effort to the overall business.
“We are proud to be included in Fortune’s Change the World
list,” said Fernando A. Gonzalez, CEMEX Chief Executive Officer.
“This recognition reinforces our commitment to continue working
everyday to build a better future.”
CEMEX´s Patrimonio Hoy program provides low-income families
living in urban and semi-urban areas with access to building
materials, as well as microfinancing, technical advice, and
logistical support to assist participants in building their own
homes. The program is destined not only to housing projects but
also to the improvement of local public infrastructure. Since its
inception, Patrimonio Hoy has provided affordable solutions to
approximately 2 million people throughout Latin America.
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.
For more information on CEMEX, please visit: www.cemex.com
For more information on Fortune Magazine, please visit:
www.fortune.com
For the full list of Fortune’s Change the World companies,
please visit: http://for.tn/1NxltcQ
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CEMEX assumes no obligation to update or correct the information
contained in this press release. CEMEX is not responsible for the
content of any third-party website or webpage referenced to or
accessible through this press release.
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CEMEX, S.A.B. de C.V.Media Relations:Jorge Pérez,
+52(81) 8888-4334mr@cemex.comorInvestor Relations:Eduardo
Rendón, +52(81) 8888-4256ir@cemex.comorAnalyst
Relations:Lucy Rodriguez, +1(212)
317-6007ir@cemex.com
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