cemex csr study
Corporate Social Responsibility: A closer look at the social performance of CEMEX
The relationship between natural environment and industries has often been named ‘dysfunctional’. An increase in the levels of awareness of the society towards activities of companies, both positive and negative, has pushed corporations to address to their corporate social responsibilities. Industrial Pollution has been a concern for the society. The effects of companies’ actions on the environment are constantly under scrutiny by the society, through different groups including the government and special interest organisations. This study evaluates the social performance of CEMEX.
CEMEX is a major supplier of ready-mix concrete, cement and aggregates, worldwide. CEMEX was founded in 1906, in Mexico.(CEMEX 2013) Today, it operates in over 50 countries around the globe, spanning four continents. Mexico, United States of America and Northern Europe are their biggest markets, making up to 72% of their distribution total. The headquarters of the company are in San Pedro Garza Garcia, in the metropolitan area of Monterrey, located in the state of Nuevo Leon in northern Mexico. CEMEX is one of the ‘big names’ in the cement industry, having a cement production capacity of 95 million tons, and an annual production level of 155 million tons for aggregates and 55 million tons for concrete. They recorded annual sales of $14.98 billion, making a net income of $906.2 million as on 31st December 2012. The third quarter report shows they have 42,853 employees in total around the globe. Cement companies are generally known to be notorious for air pollution from their factories. CEMEX, however, has had its fair share of positive and negative publicity in the environmental aspect through various activities.
The case against CEMEX
Cement Industries, through their activity, pollute the ambient air with dust particles and greenhouse gases, consisting of carbon dioxide (CO2), carbon monoxide
The relationship between natural environment and industries has often been named ‘dysfunctional’. An increase in the levels of awareness of the society towards activities of companies, both positive and negative, has pushed corporations to address to their corporate social responsibilities. Industrial Pollution has been a concern for the society. The effects of companies’ actions on the environment are constantly under scrutiny by the society, through different groups including the government and special interest organisations. This study evaluates the social performance of CEMEX.
CEMEX is a major supplier of ready-mix concrete, cement and aggregates, worldwide. CEMEX was founded in 1906, in Mexico.(CEMEX 2013) Today, it operates in over 50 countries around the globe, spanning four continents. Mexico, United States of America and Northern Europe are their biggest markets, making up to 72% of their distribution total. The headquarters of the company are in San Pedro Garza Garcia, in the metropolitan area of Monterrey, located in the state of Nuevo Leon in northern Mexico. CEMEX is one of the ‘big names’ in the cement industry, having a cement production capacity of 95 million tons, and an annual production level of 155 million tons for aggregates and 55 million tons for concrete. They recorded annual sales of $14.98 billion, making a net income of $906.2 million as on 31st December 2012. The third quarter report shows they have 42,853 employees in total around the globe. Cement companies are generally known to be notorious for air pollution from their factories. CEMEX, however, has had its fair share of positive and negative publicity in the environmental aspect through various activities.
The case against CEMEX
Cement Industries, through their activity, pollute the ambient air with dust particles and greenhouse gases, consisting of carbon dioxide (CO2), carbon monoxide
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