What Is The Buzz Surrounding Cemex SAB de CV (ADR)(NYSE:CX)?

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Cemex SAB de CV (ADR)(NYSE:CX) reported that it has been chosen, together with CEMEX Latam Holdings, its Spanish subsidiary unit that is publicly listed in Colombia, as participants of the FTSE4Good Emerging Latin America Index 2017, identifying the performance of both firms on social, governance and environmental practices.

The company was recognized as one of the leading 10 constituents of the FTSE4Good Emerging Latin America Index for 2017, which comprises more than 100 firms from Colombia, Mexico, Peru, Brazil and Chile.

The details

Fernando A. Gonzalez, the CEO of Cemex, reported that they are delighted by the inclusion of both CLH and CEMEX in the aforementioned index, which reaffirms their commitment to establish a better future in Latin America and also in all of their regions. This selection identifies the major role that sustainability plays in their business plan.

Established in 2001, this index is a series of tradable and benchmark indexes for Environmental, Governance and Social investors. Last year, FTSE4Good launched the FTSE4Good Latin America index which showcases firms in the region that fulfill specific thresholds pertaining to anti-corruption, corporate governance, biodiversity, climate change, customer responsibility, safety and health, human rights and community, pollution and resources, labor standards, risk management, social and environmental supply chain, water use and tax transparency.

CEMEX marks as a global building materials firm that provides premium products and reliable services to communities and customers in more than 50 nations. The company has a rich history of enhancing the well-being of those it assists through innovative building offerings, efficiency advancements, and initiatives to promote a sustainable future. It intends to build on its growth in coming period.

CEMEX takes no obligation to correct or update the information released in this press release. It is not accountable for the content of any third-party site or webpage referenced to or reachable through this press release.

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