Philippines: Cemex Philippines (CHP) says it has reduced the CO2 emissions from its subsidiaries, Solid Cement Corporation and APO Cement Corporation, by 50% between 1990 and 2022. From 2020 to 2022 CHP reduced its net CO2 emissions by 18%. The company claims this is the highest CO2 emissions reduction in the sector based on publicly released information.
Luis Franco, the president and chief executive officer of CHP, said "This milestone CO2 reduction was possible because of our team's high commitment to achieve net zero. We are on track to meet our ambition of less than 430kg of net CO2 per tonne of cement by 2030 and deliver net-zero CO2 concrete by 2050." He added that the company is confident it can reach a 67% reduction by 2030 through the continued used of alternative fuels and decarbonated raw materials.
