MONTERREY, MEXICO AND MADRID, SPAIN. FEBRUARY 14, 2023 – CEMEX Ventures, CEMEX’s open innovation and Corporate Venture Capital unit, presents its Socially Responsible Investment (SRI) and Environmental, Social, and Governance (ESG) policy to adhere to the best sustainable industry practices and contribute to a more sustainable and robust portfolio of companies and partnerships that will strengthen its investment model and improve its risk prevention. 

CEMEX Ventures recognizes its responsibility to society and the construction industry, which is why it is aligning its actions to contribute to CEMEX’s United Nations priorities and its Sustainable Development Goals (SDGs). Under its new comprehensive policy, CEMEX Ventures pledges to integrate sustainable deal sourcing and screenings, due diligence evaluations, and ESG reporting and monitoring into its pre- and post-investment activities since there is a positive link between ESG performance and financial performance or value creation.  

The Corporate Venture Capital is practicing responsible investing by rejecting solutions from controversial industries, carrying out positive screening, and analyzing new startups according to different purviews, such as environmental and climate action compliance, diversity, community impact, health and safety regulations, and human resources, to name a few.  

To ensure accountability, CEMEX Ventures’ ESG and Investment Committee is responsible for the analysis of each partner or opportunity from the time of initial investment, as well as at the time of subsequent follow-on investment. This committee is established to oversee the correct application of all SRI principles and will undergo continual training, working closely with other teams within the leading building materials multinational (e.g., Sustainability, Investor Relations, Social Impact) to guarantee compliance and excellence.  

CEMEX Ventures extends its SRI priorities to its portfolio companies through ESG trainings and accountability mechanisms, and engages with external organizations to audit its ESG policy and ensure best practices. By becoming signatories of the United Nations-supported Principles for Responsible Investment (UNPRI), the Corporate Venture Capital of CEMEX establishes its commitment to foster the construction revolution through sustainable and responsible investment activity.

Deep Dive: Our ESG Policy

Discover our ESG policy and how we're adhering to the best sustainable industry practices to contribute to a more sustainable and robust portfolio of companies and partnerships.

About CEMEX 

CEMEX (NYSE: CX) is a global construction materials company that is building a better future through sustainable products and solutions. CEMEX is committed to achieving carbon neutrality through relentless innovation and industry-leading research and development. CEMEX is at the forefront of the circular economy in the construction value chain and is pioneering ways to increase the use of waste and residues as alternative raw materials and fuels in its operations with the use of new technologies. CEMEX offers cement, ready-mix concrete, aggregates, and urbanization solutions in growing markets around the world, powered by a multinational workforce focused on providing a superior customer experience, enabled by digital technologies. For more information, please visit: www.cemex.com  

About CEMEX Ventures 

Launched in 2017, CEMEX Ventures focuses on helping to solve the main challenges and capitalise on the opportunity areas in the construction ecosystem through sustainable solutions. CEMEX Ventures has created an open and collaborative platform to lead the revolution of the construction industry by engaging startups, entrepreneurs, universities, and other relevant actors to tackle the industry’s toughest challenges and shape tomorrow’s value ecosystem. For more information about CEMEX Ventures, please visit www.cemexventures.com

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