Cemex Recognized as One of the World's Most Ethical Companies®

Rhea-AI Summary

Cemex has been named one of the World's Most Ethical Companies® for 2025 by Ethisphere, highlighting its commitment to business integrity and ethical practices. The company joins an elite group of 136 organizations across 19 countries and 44 industries recognized this year.

The recognition is based on Cemex's adherence to its Code of Ethics and Business Conduct, which establishes high standards for behavior both internally and externally. The assessment process involved over 240 proof points evaluated through Ethisphere's Ethics Quotient®, examining various aspects including ethics, compliance, governance, environmental and social impact, and value chain initiatives.

CEO Fernando A. González emphasized that ethics is a core value at Cemex, highlighting how this recognition reflects their employees' dedication to maintaining a culture of transparency and trust. The company's commitment to ethical standards supports its strategic vision and guides interactions with all stakeholders.

MONTERREY, Mexico--(BUSINESS WIRE)-- Cemex received today the 2025 World’s Most Ethical Companies^® recognition from Ethisphere, a global leader in defining and advancing the standards of ethical business practices.

As one of the World’s Most Ethical Companies honorees, Cemex has been distinguished for exemplary business integrity, ethics, compliance, and governance standards. Cemex activities are guided by the principles embodied in its ‘Code of Ethics and Business Conduct’ which serves as a guideline for establishing the highest standards of behavior within and outside the organization, as well as in interactions with its stakeholders. The list recognizes 136 companies across 19 countries and 44 industries this year.

“We are pleased to be among this select group of companies with a strong commitment to integrity, leadership, ethics, and compliance programs,” said Fernando A. González, CEO of Cemex. “Ethics is a core value at Cemex, and this recognition highlights our employees' contributions to fostering a culture of transparency and trust.”

“Congratulations to Cemex for being recognized as one of the World’s Most Ethical Companies^®. Behind this honor is a true dedication and commitment to advancing business integrity," said Erica Salmon Byrne, Ethisphere’s Chief Strategy Officer and Executive Chair. “This approach is good for business—employees and other stakeholders value companies that prioritize the kinds of practices we measure through our process.”

Cemex is committed to upholding the highest ethical standards outlined in its ‘Code of Ethics and Business Conduct’ and operating its business in compliance with applicable laws, regulations, and corporate policies. The Code defines the expected behaviors of employees and stakeholders, aligning with Cemex’s corporate values to support its strategic vision.

The World's Most Ethical Companies assessment is grounded in Ethisphere's proprietary Ethics Quotient®, which requires companies to provide over 240 different proof points on practices that support robust ethics and compliance, governance, a culture of ethics, environmental and social impact, and initiatives that support a strong value chain. That data undergoes further qualitative analysis by its panel of experts who spend thousands of hours vetting and evaluating each year's applicants. This process serves as an operating framework to capture and codify best-in-class ethics and compliance practices from organizations across industries and from around the world.

The complete 2025 World’s Most Ethical Companies® list is available at: https://worldsmostethicalcompanies.com/honorees/

About Ethisphere

Ethisphere is the global leader in defining and advancing the standards of ethical business practices that strengthen corporate brands, build trust in the marketplace, and deliver business success. Companies turn ethics, compliance, and culture into a business advantage by leveraging Ethisphere’s data-driven program and culture assessments featuring the latest guidance and the practices of hundreds of global organizations across the 8 pillars of an ethical culture, and 240+ ethics, compliance, social, and governance data points delivered through a proprietary software platform. Ethisphere also honors superior integrity programs through World’s Most Ethical Companies® recognition, brings together a community of industry experts with the Business Ethics Leadership Alliance (BELA), and advances ethical business practices through the Global Ethics Summit, Ethisphere Magazine and the Ethicast podcast. For more information, visit: www.ethisphere.com

About Cemex

Cemex 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 help 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

Except as the context otherwise may require, references in this press release to “Cemex,” ”we,” ”us,” ”our,” refer to Cemex, S.A.B. de C.V. (NYSE: CX) and its consolidated subsidiaries. This press release contains forward-looking statements within the meaning of the U.S. federal securities laws. Cemex intends these forward-looking statements to be covered by the “safe harbor” provisions for forward-looking statements in the U.S. federal securities laws. These forward-looking statements reflect Cemex’s current expectations and projections about future events based on Cemex’s knowledge of present facts and circumstances and assumptions about future events, as well as Cemex’s current plans based on such facts and circumstances, unless otherwise indicated. These statements necessarily involve risks, uncertainties, and assumptions that could cause actual results to differ materially from Cemex’s expectations, including, among others, risks, uncertainties, assumptions, and other important factors discussed in Cemex’s most recent annual report and detailed from time to time in Cemex’s other filings with the U.S. Securities and Exchange Commission and the Mexican Stock Exchange (Bolsa Mexicana de Valores), which factors are incorporated herein by reference, which, if materialized, could ultimately lead to Cemex’s expectations and/or expected results not producing the expected benefits and/or results. Forward-looking statements should not be considered guarantees of future performance, nor the results or developments are indicative of results or developments in subsequent periods. The forward-looking statements and the information contained in this press release are made and stated as of the dates specified in this press release and are subject to change without notice, and except to the extent legally required, we expressly disclaim any obligation or undertaking to update or correct this press release or revise any forward-looking statements contained herein, whether to reflect new information, the occurrence of anticipated or unanticipated future events or circumstances, any change in our expectations regarding those forward-looking statements, any change in events, conditions, or circumstances on which any statement is based, or otherwise. Any or all of Cemex’s forward-looking statements may turn out to be inaccurate. Accordingly, undue reliance on forward-looking statements should not be placed, as such forward-looking statements speak only as of the dates on which they are made. The content of this press release is for informational purposes only, and you should not construe any such information or other material as legal, tax, investment, financial, or other advice. There is currently no single globally recognized or accepted, consistent, and comparable set of definitions or standards (legal, regulatory, or otherwise) of, nor widespread cross-market consensus i) as to what constitutes, a “green”, “social”, or "sustainable” or having equivalent-labelled activity, product, or asset; or ii) as to what precise attributes are required for a particular activity, product, or asset to be defined as “green” “social”, or “sustainable” or such other equivalent label; or iii) as to climate and sustainable funding and financing activities and their classification and reporting. Therefore, there is little certainty, and no assurance or representation is given that such activities and/or reporting of those activities will meet any present or future expectations or requirements for describing or classifying funding and financing activities as “green”, “social”, or “sustainable” or attributing similar labels. We expect policies, regulatory requirements, standards, and definitions to be developed and continuously evolve over time. Cemex is not responsible for, and expressly disclaims responsibility for, the content of any third-party information included in this press release or in any third-party sources referenced in or accessible through this press release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250311285988/en/

Analyst and Investor Relations - New York

Blake Haider

+1 (212) 317-6011

ir@cemex.com

Analyst and Investor Relations - Monterrey

Patricio Treviño Garza

+52 (81) 8888-4327

ir@cemex.com

Media Relations

Jorge Pérez

+52 (81) 8259-6666

jorgeluis.perez@cemex.com

Source: Cemex

FAQ

What recognition did Cemex receive in 2025 from Ethisphere?

Cemex was named one of the World's Most Ethical Companies® for 2025 by Ethisphere, recognizing their exemplary business integrity, ethics, compliance, and governance standards.

How many companies were recognized alongside Cemex in the 2025 World's Most Ethical Companies list?

The 2025 list includes 136 companies across 19 countries and 44 industries.

What criteria did Cemex have to meet for the Ethisphere recognition?

Cemex had to provide over 240 proof points on ethics, compliance, governance, culture, environmental and social impact, and value chain initiatives through Ethisphere's Ethics Quotient® assessment.

How does Cemex maintain its ethical business practices?

Cemex maintains ethical practices through its Code of Ethics and Business Conduct, which establishes standards for behavior within the organization and in stakeholder interactions.