Concrete giant increases 2030 target for cutting carbon emissions from 30 per cent to 35 per cent below 1990 levels CEMEX has become the latest industrial giant to unveil a new climate strategy, as the multinational said it is to accelerate short term emissions reduction efforts and work towards delivering new zero emission concrete by 2050. In an update published yesterday the company said it had reduced its net specific CO2 emissions by more than 22 per cent compared to its 1990 baseline, but it acknowledged “that this is not enough”. As such, the company said it was strengthening its 30 per cent emissions reduction goal for 2030 to 35 per cent, bringing it into line with the Science-Based Targets methodology and the goals of the Paris Agreement. It added that to complement the medium term targets CEMEX is establishing a new “ambition” to deliver net zero CO2 concrete by 2050. “Climate change has been a priority for CEMEX for many years,” said Fernando A. Gonzalez, CEO of CEMEX. “Our efforts have brought significant progress to date, but we must do more.