Argos to allocate US$130 million in investments to combat climate change

The focus of these projects will be on the use of lower carbon footprint raw materials, fuel optimisation, the use of alternative fuels (such as urban solid and other industries waste) and energy ef ciency.

María Isabel Echeverri, vice president of Corporate Affairs:

"Concrete is not only the most used building material, but the second most used material in the world after water for its unique properties. As producers, we understand the call to contribute to the mitigation of the effects of climate change by reducing CO₂ emissions in our production processes and developing new and better products and solutions. These investments prove that we are now redoubling our efforts in innovative actions that allow us to be part of the care of the planet through a gradual energy transition, mitigation, adaptation and resilience to climate change and the appropriate use of resources."

Argos targets, associated with climate change:

• To reduce 29% of direct CO₂ emissions in the cement business by 2030.
• To deliver carbon-neutral concrete by 2050.