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Cementos Argos is awarded the Socially Responsible Company (ESR) seal

Published by , Deputy Editor
World Cement,

As a result of its social investment actions, framed in its Sustainability Strategy, Cementos Argos has been awarded the Socially Responsible Company (ESR) seal by the Honduran Foundation for Corporate Social Responsibility (Fundahrse).

This seal, established by Fundahrse in 2007 in order to annually highlight those companies that integrate responsible actions into their business model, recognises compliance with more than 200 indicators through seven Corporate Social Responsibility focuses: Governance, Human Rights , Fair Operating Practices, Responsible Marketing, Environment, Participation with the Community and Labour Practices.

Argos is one of the 67 companies in the country that has received this seal and stands out for its responsible work in economic, environmental and Social areas. Proof of this are its efforts to reduce its impact on the planet, through the co-processing of waste (use of waste such as plastics and tyres to produce fuel), the installation of a solar farm at its Comayagua plant, the only one in the Honduran cement sector, and water source management projects in the communities, among others.

In addition, Argos is also profiled for its investment of more than 60 million lempiras in social support programmes, to benefit its neighbouring communities in recent years. Its flagship programme, Healthy Floors, has managed to replace more than 54 900 m2 of dirt floors with concrete floors, impacting the health and quality of life of more than 1862 families nationwide.

This year, the social work of the companies was also evaluated regarding the socioeconomic impact caused by COVID-19 in the country. Argos joined the national call for empathy and, through the Argos Honduras Foundation, was present with food rations in the most affected communities in its areas of influence, benefiting more than 2344 families. In addition, they developed CRECE, a corporate volunteer programme that consists of the support of company employees as mentors to members of vulnerable groups in the community who seek to undertake. The programme includes funds for seed capital and aims to generate additional and sustainable income for families in the community affected by the pandemic.

“Receiving this seal again is a great reason for happiness for Argos. We know that it is the result of the group of good practices that we apply in order to add value to society and the environment. We work tirelessly to build a prosperous future for Honduran families through our actions and we understand that today, more than ever, Honduras needs companies, like Argos, genuinely committed to the future of the country,” said Gustavo Uribe, CEO of Argos Honduras.

Recently and for the eighth consecutive year, the company was included in the Dow Jones Global Sustainability Index, which recognised it as one of the most sustainable companies in the world, as well as world leaders in the construction materials sector by its good practices in economic, environmental and social matters.

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