Both issues obtained the ‘AA’ rating on a national scale from Fitch Ratings and S&P Global Ratings.
These resources, the BMV specified, were used to amortize debt, as part of the cement company’s efforts to recover its investment grade.
Cemex is one of the first companies in the sector to align its decarbonization objectives for 2030 and 2050 and under the 1.5° scenario of the Science Bases Target initiative, which promotes the establishment of objectives based on science as a strategy to boost competitive advantage of companies within the transition to a low carbon economy.
The cement company is committed to achieving the transition to an economy with fewer carbon emissions, and considers sustainable finance as a vehicle to achieve this goal.
Cemex has proposed reducing its footprint to zero carbon emissions by 2050.