For the eighth consecutive year, Cementos Argos, was recognised by the Dow Jones Sustainability Index (DJSI) as one of the world's leading companies in the construction materials sector for its good practices in economic, environmental and social matters. In addition, it was highlighted in the Latin American Integrated Market (MILA) – Pacific Alliance.
One of the main advantages of this index is that it is a lever to promote cutting-edge business practices that seek to improve the impact of companies on society and the environment and, increasingly, to strengthen their relationship with different interest groups, whether they are communities, investors, suppliers, employees or authorities, among others.
“At Cementos Argos we are very excited and satisfied with this result which today makes us a world reference and demonstrates the commitment of all our employees to closing gaps and implementing good practices in social, environmental, financial and corporate governance matters. It also encourages us to continue to move forward firmly in our purpose of generating quality employment, building dreams of housing and better infrastructure and contributing social value in all our geographies”, said Juan Esteban Calle, CEO of Cementos Argos.
With the highest score in its industry, Argos led the categories of Sustainable Construction, Climate Change Strategy, Social Report, Environmental Report, Water Related Risks and Materiality, among others.
For more than 20 years the Dow Jones Sustainability Index has evaluated companies from 58 economic sectors and 27 countries based on sustainability criteria, awarding a distinction to those that carry out an outstanding and integral management of their businesses. Since its inception, it has contributed to the consolidation of a strategic vision around sustainable development, becoming a reference for markets and investors globally. This year 3467 companies were invited to participate, which represents an increase of 19% (238 new companies) over the previous year.
Benefits of being in the Dow Jones Sustainability Index:
Being included strengthens the confidence of stakeholders in the management developed by the company. Given its rigour, the measurement becomes an important tool for reporting, measuring, and updating trends.
This index helps investors to evaluate the quality of management, the performance potential towards the future of the companies, as well as to identify investment opportunities that generate sustainable value in the long term.
It motivates the company to improve its environmental, social and economic standards for the benefit of society.
It represents a seal of guarantee for consumers, who are increasingly demanding and demanding sustainable products and services.
Read the article online at: https://www.worldcement.com/the-americas/16112020/cementos-argos-is-included-in-the-dow-jones-index/
You might also like
GCCA India and Indian cement sector representatives visit Leilac to discuss cement decarbonisation.