Cemex

BUILDING THE FUTURE

2008 SUSTAINABLE DEVELOPMENT REPORT

TABLE OF CONTENTS Message from our Chairman and CEO Performance Summary About CEMEx Sustainability at CEMEx Our People Our Neighbors Our Business Partners Our World Performance in Detail Assurance Statement Sustainability Advisory Panel Awards and Partnerships 2 4 6 8 12 18 24 30 38 43 44 45

This report, complemented with additional information on our website, is aligned with the Global Reporting Initiative (GRI) G3 Sustainability Reporting Guidelines, at an application level of A+. To locate the indicators, please refer to our GRI index at www.cemex.com/sustainability/reports For more information on the GRI guidelines, visit www.globalreporting.org

Cover The Eurus wind farm in Oaxaca, Mexico, developed by the Spanish company ACCIONA Energía will be one of the world’s largest wind farms once fully operational with an annual production capacity of 250 megawatts of electricity. Eurus will provide 25% of our power needs in Mexico and will have one of the largest CO2 emission reduction indexes per installed capacity in the world, approximately 600 thousand metric tons annually. See case study on page 33.

About this

report

Welcome to our Sustainable Development Report for 2008. It covers our global cement, ready-mix concrete, and aggregates operations. We publish a full report on our sustainability strategy, programs, and performance every two years, as well as an interim report in the intervening years. This report follows our 2006 full report and 2007 interim report. Several data sets have been restated from previous years because of improvements to our data collection systems or changes to our business, and each case is clearly marked. All monetary amounts are reported in US dollars. Tons are metric tons. The information for this report came from several sources, including internal management systems, performance databases and questionnaires, interviews with senior managers, and our...