Stakeholder Engagement
Our stakeholders are our people, customers, shareholders, investors, communities, suppliers, NGOs, academic institutions, government authorities, legislators, and other companies through industry associations.
Listening to all of them is vital to maximize our positive impact in all the communities and countries where we operate. Together we address concerns, manage risks and opportunities, and establish guidelines to maintain long-term shared value.
To achieve this, we conduct regular materiality studies that allow us to adapt our efforts, share best practices, accelerate change, ensure our contribution to a sustainable future and deploy a more proactive strategy. In addition, our business relationships are honest, respectful and upright, and remain aligned with our Code of Ethics and Business Conduct and Stakeholder Engagement Policy.
Our Stakeholders
Our People
They are always a fundamental part of our competitive advantage and success. At CEMEX, we constantly communicate with them to offer opportunities for growth and development, as well as a safe, healthy, and inclusive work environment.
Customers
Every customer is at the center of this organization. Our strategic goal is to be the most customer-focused company in the industry, and to do so, we listen to their needs and challenges to exceed expectations and become their partner of choice.
Shareholders, Investors, and Analysts
Our relationship with them facilitates understanding not only of the company's financial position, performance, prospects and risks, but also of our management, environmental, social and corporate governance practices.
Communities
We understand the expectations of our neighboring communities through constant and formal dialogue, reviewing progress and taking joint actions that allow us to achieve the agreed plans.
Suppliers
They adhere to a Code of Ethics and Code of Conduct for Suppliers. At CEMEX, we offer them an equal opportunity to bid and win a contract under strict criteria of competitive pricing, quality, experience, service, and sustainable practices.
NGOs and Academic Institutions
We foster global partnerships with different NGOs to contribute to people's quality of life, collaborate with leading academic institutions and invest in research to improve our environmental, social, and economic impact with our products.
Governments and Policy Makers
We establish positive relationships with government authorities, regulators and legislators of industry policies important to our company, manage our business and relationships adhering to our values, Code of Ethics and the law, and participate in discussions on global and national policies, climate change, sustainable infrastructure, innovation, digital transformation, operational efficiency, health and safety, circular economy, alternative fuels and waste management.
Business Associations
We engage with business associations to develop alliances and promote our cement, ready-mix concrete, aggregates, and urbanization solutions businesses.
As a founding member of the GCCA, and together with 39 other member companies, we form a single voice for the cement and concrete industry as an essential material for sustainable construction.
Using Social Media to Remain Close
Through our social networks, we strengthen relationships with clients, partners, NGOs and local governments, sharing best practices in health, safety and protocols, as well as coverage of events and news relevant to the construction industry.
Initiatives, Organizations and Chambers
We are active participants in global initiatives led by the World Economic Forum and the United Nations, among other internationally recognized institutions.
The main cement and concrete associations in which CEMEX participates are:
*NOTE: Additionally, CEMEX participates in various associations and chambers not listed here.