Mexico: Cemex has expanded its Executive Variable Compensation program, which includes progress on its carbon reduction goals as a variable, to cover over 4500 executives. The initiative is part of the company's Future in Action program, which focuses on reducing the carbon footprint of Cemex's operations and products to become a net-zero CO2 company by 2050. From the start of 2022, the CO2 emissions component will have an impact that will range from -10% to +10% in the total cash payout of the annual executive variable compensation.
Cemex expands executive climate target compensation scheme
Written by Global Cement staff
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