Cemex scoops business award

Efforts to help families in Mexico and Latin America build better homes has helped 643 Cemex to win the Big Tick award from the 4696 Business in Community’s (BITC) in the UK for responsible business practice. The awards are presented to company’s that demonstrate the positive impact they have had on society and also the business benefits created by ensuring that being responsible is integral to their business model.

Cemex’s Patrimonio Hoy (translated, savings/property today) programme allows low income families in Mexico and Latin America to obtain access to services and building materials through a well-planned savings and credit scheme. To date more than 260,000 families have improved their housing and living conditions and it is estimated that the scheme has impacted on more 1.25million people.

“We are pleased to receive the Big Tick recognition and to have been short listed as an example of excellence by business in the community,” said Cemex chairman of the board and CEO Lorenzo Zambrano. “Cemex has demonstrated a long-term commitment to sustainable development and corporate responsibility by collaborating with others to make the greatest positive impact on the world.  Access to housing is one of our priorities and through Patrimonio Hoy we have contributed to improve the living conditions of over 260,000 across Latin America.”