Materiality Analysis | Sustainable Development | CEMEX
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Sustainable Development

Materiality Analysis


Understanding our key priorities allows us to align our time, resources and investment accordingly. That’s why we have put hours of time and effort into our Sustainability Materiality Matrix. Through detailed analysis, we have identified the main economic, social, environmental and governance issues that are of greatest concern to both internal and external stakeholders


Why conducting a materiality analysis in CEMEX?


  • To support sustainability strategic planning and:
    • Identify issues of highest importance to CEMEX and its stakeholders
    • Define risks and opportunities; help set goals and targets
    • Flag areas requiring immediate attention ("urgent" issues)
  • To guide sustainability reporting:
  • "A strong materiality analysis process helps a company choose the issues and indicators to report on. It can be the key to ensuring the right balance between detail and breadth in reporting." – GRI


Methodology: Characteristics of the performed analysis


For the realization of our latest Materiality Matrix, we included a new revised list of items that reflected the most important impacts we could face as a company as well as the issues that would influence the most the assessment and decisions of our stakeholders.

These aspects were complied into a survey for which 19,000 invitations were issued to stakeholders across all of the geographical regions where CEMEX is present (62% more vs. previous survey). From these evaluation requests, we received 1,558 responses that shaped CEMEX’s new Materiality Matrix.

Surveys were answered by two different targets:

  • Key CEMEX Directors/Managers
  • Four main Stakeholders categories
    • CEMEX Employees
    • CEMEX Clients
    • CEMEX Suppliers
    • Non market stakeholders (divided in four categories):
      • Community/Communication leaders
      • Analysts /Investors/Shareholders
      • Government/Administrations
      • NGOs/Associations/Foundations/Universities

Stakeholders that answered the surveys by geographical location were categorized in 5 main regions.

Materiality Matrix

Results

Results were weighted according to the 4 main stakeholder’s categories (25% each one): employee, client, supplier and community and the results were used to construct the vertical axis within the Materiality Matrix. In the other hand results of the 83 CEMEX Key Directors/Managers were analyzed as a whole and represented the horizontal axis.

This analysis enabled us to prioritize the previously identified 23 most relevant issues for CEMEX and classify them in three categories: high, higher and highest materiality.

Materiality Matrix

Moreover, the top 4 material issues derived from this materiality matrix by region are:

Materiality Matrix