Latest news with #CodeofEthicsandBusinessConduct
Yahoo
11-03-2025
- Business
- Yahoo
Cemex Recognized as One of the World's Most Ethical Companies®
MONTERREY, Mexico, March 11, 2025--(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: 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: 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: 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 Contacts Analyst and Investor Relations - New YorkBlake Haider+1 (212) 317-6011ir@ Analyst and Investor Relations - MonterreyPatricio Treviño Garza+52 (81) 8888-4327ir@ Media RelationsJorge Pérez+52 (81)
Yahoo
24-02-2025
- Business
- Yahoo
Hikvision awarded EcoVadis Silver Medal for ongoing sustainability efforts
HANGZHOU, China, Feb. 24, 2025 /PRNewswire/ -- Hikvision has been awarded EcoVadis Silver Medal, a prestigious recognition from the world-renowned sustainability rating platform. This award highlights the company's ongoing commitment to responsible business practices and its significant contributions toward advancing a more sustainable future, guided by its philosophy of "Tech for A Better World." Receiving the EcoVadis Silver Medal marks a key milestone in Hikvision's sustainability journey globally. EcoVadis, the world's largest and most trusted provider of corporate sustainability ratings, assesses companies across four critical areas: Environment, Labor and Human Rights, Ethics, and Sustainable Procurement. This comprehensive evaluation measures the sustainability practices of over 150,000 companies in more than 185 countries, taking into account their policies, actions, and results. "We are extremely proud that, after more than 20 years of dedication, we have not only achieved sustainable growth for our company but also made a meaningful contribution to advancing global sustainable development," said Huang Fanghong, Senior Vice-President and Chief Compliance Officer of Hikvision, "The recognition from EcoVadis is a testament to the progress we have made through ongoing efforts and strong partnerships across the value chain and industry. It highlights our progress toward stronger governance, more effective practices, and impactful sustainability performance worldwide. We are committed to consistently continuing this journey, striving to achieve our mission of becoming a responsible corporate citizen." Innovating for a Greener Future As an industry leader, Hikvision harnesses innovation to drive the transition toward a greener future, contributing to the effort to combat climate change while addressing the growing demand for environmentally responsible development. In October 2024, Hikvision became the first in the LED display industry to receive the Green Product Mark certification from TÜV Rheinland. This certification underscores the company's adherence to the highest environmental standards, covering areas such as technical compliance, restricted substances control, carbon footprint reduction, and recyclability. Advancing Social Responsibility in Business In the areas of human rights and business ethics, Hikvision and all its employees strictly follow the company's Code of Ethics and Business Conduct and Global Human Rights Policy. These policies ensure that every individual is treated with dignity and respect, while also fostering an ethical business environment that promotes integrity, accountability, and transparency. In addition, Hikvision extends its commitment beyond the company by actively engaging in social initiatives. Since 2020, Hikvision has implemented the STAR Program for Social Good globally by collaborating with more than 30 NGOs worldwide, leveraging its technology to drive positive changes for the local environment, wildlife and community. Collaborating with Partners for a Resilient Value Chain Hikvision strongly values collective efforts in advancing sustainability, as reflected in its comprehensive requirements and evaluations of suppliers' sustainability performance to meet high environmental and ethical standards. Hikvision also utilizes its innovative technologies to foster a more resilient value chain by supporting the sustainable growth of both upstream and downstream partners, creating long-term value across various industries. This latest achievement reinforces Hikvision's continued commitment to advancing sustainability and further underscores the company's dedication to the Ten Principles of the United Nations Global Compact (UNGC), following its participation in 2024. Moving forward, Hikvision will remain focused on creating a lasting positive impact while driving a more innovative and sustainable future. About Hikvision Founded in 2001, Hikvision focuses on integrated security and scenario-based digitalization, and is committed to serving various industries with AIoT technologies. We are committed to integrating corporate social responsibility and sustainability development philosophy into our business, while also being driven by technological innovation. For more information about our sustainability efforts, please visit here. View original content to download multimedia: SOURCE Hikvision Digital Technology Sign in to access your portfolio
Associated Press
24-02-2025
- Business
- Associated Press
Hikvision awarded EcoVadis Silver Medal for ongoing sustainability efforts
HANGZHOU, China, Feb. 24, 2025 /PRNewswire/ -- Hikvision has been awarded EcoVadis Silver Medal, a prestigious recognition from the world-renowned sustainability rating platform. This award highlights the company's ongoing commitment to responsible business practices and its significant contributions toward advancing a more sustainable future, guided by its philosophy of 'Tech for A Better World.' Receiving the EcoVadis Silver Medal marks a key milestone in Hikvision's sustainability journey globally. EcoVadis, the world's largest and most trusted provider of corporate sustainability ratings, assesses companies across four critical areas: Environment, Labor and Human Rights, Ethics, and Sustainable Procurement. This comprehensive evaluation measures the sustainability practices of over 150,000 companies in more than 185 countries, taking into account their policies, actions, and results. 'We are extremely proud that, after more than 20 years of dedication, we have not only achieved sustainable growth for our company but also made a meaningful contribution to advancing global sustainable development,' said Huang Fanghong, Senior Vice-President and Chief Compliance Officer of Hikvision, 'The recognition from EcoVadis is a testament to the progress we have made through ongoing efforts and strong partnerships across the value chain and industry. It highlights our progress toward stronger governance, more effective practices, and impactful sustainability performance worldwide. We are committed to consistently continuing this journey, striving to achieve our mission of becoming a responsible corporate citizen.' Innovating for a Greener Future As an industry leader, Hikvision harnesses innovation to drive the transition toward a greener future, contributing to the effort to combat climate change while addressing the growing demand for environmentally responsible development. In October 2024, Hikvision became the first in the LED display industry to receive the Green Product Mark certification from TÜV Rheinland. This certification underscores the company's adherence to the highest environmental standards, covering areas such as technical compliance, restricted substances control, carbon footprint reduction, and recyclability. Advancing Social Responsibility in Business In the areas of human rights and business ethics, Hikvision and all its employees strictly follow the company's Code of Ethics and Business Conduct and Global Human Rights Policy. These policies ensure that every individual is treated with dignity and respect, while also fostering an ethical business environment that promotes integrity, accountability, and transparency. In addition, Hikvision extends its commitment beyond the company by actively engaging in social initiatives. Since 2020, Hikvision has implemented the STAR Program for Social Good globally by collaborating with more than 30 NGOs worldwide, leveraging its technology to drive positive changes for the local environment, wildlife and community. Collaborating with Partners for a Resilient Value Chain Hikvision strongly values collective efforts in advancing sustainability, as reflected in its comprehensive requirements and evaluations of suppliers' sustainability performance to meet high environmental and ethical standards. Hikvision also utilizes its innovative technologies to foster a more resilient value chain by supporting the sustainable growth of both upstream and downstream partners, creating long-term value across various industries. This latest achievement reinforces Hikvision's continued commitment to advancing sustainability and further underscores the company's dedication to the Ten Principles of the United Nations Global Compact (UNGC), following its participation in 2024. Moving forward, Hikvision will remain focused on creating a lasting positive impact while driving a more innovative and sustainable future. About Hikvision Founded in 2001, Hikvision focuses on integrated security and scenario-based digitalization, and is committed to serving various industries with AIoT technologies. We are committed to integrating corporate social responsibility and sustainability development philosophy into our business, while also being driven by technological innovation.
