- This is the twelfth consecutive measurement that Argos Business Group companies have been included in the Dow Jones Sustainability Indices, for their outstanding performance in the S&P Sustainability Assessment, a score that represents a sign of confidence for investors and other groups. In managing environmental, social and corporate governance issues in the organization.
- In this edition, Grupo Argos strengthened its position in third place among global companies in its sector with best sustainability practices, highlighting the outstanding management of variables such as transparency and reporting, tax strategy, human rights and relations with interest groups.
- For its part, Cementos Argos, thanks to the strict implementation of its sustainability strategy, has emerged as the second best company in the global building materials industry thanks to outstanding performances in health and safety at work, climate and water strategy, cybersecurity and information security. .
Information published by S&P Global on Friday, December 8, confirms the leadership that Argos Business Group companies have maintained over the past 12 years in the Dow Jones Sustainability Index. On this occasion, Cementos Argos ranked second among international companies in its sector with best sustainability practices, while Grupo Argos strengthened its position in third place. These results allowed Cementos Argos to be included in the MILA Index and Grupo Argos to be included again in the Dow Jones Global Sustainability, Emerging Markets and MILA Indexes.
“This is the result of a business vision with which Grupo Argos has remained consistent throughout its 90 years of history and which recognizes the power of maintaining a balance between economic success, social benefit and environmental care in each of its operations. Investments and operations. To date, thanks to our efforts and in line with our sustainability strategy, We have achieved a 36% reduction in our identified CO2 emissions in the last four years.
Jorge Mario Velasquez Chairman of Grupo Argus
Cementos Argos received a score of 87 out of 100, ranking second for its performance on issues such as health and safety at work, climate and water strategy, cybersecurity and information security. Grupo Argos, for its part, achieved a score of 82 out of 100, achieving outstanding results in management on topics such as transparency and reporting, tax strategy, human rights, and relations with interest groups.
About the Dow Jones Sustainability Index
The Dow Jones Sustainability Index (DJSI) is determined by the market capitalization of companies and weighting the performance of selected companies according to environmental, social, governance and economic (ESG) criteria, based on the results of the evaluation of companies in the S&P Sustainability and corresponding industry classification.
In turn, this indicator can be global, regional or by country and the criteria for composing each of these worlds are determined according to the results of corporate sustainability assessment qualifications. This family of indicators has been able to become a reference for markets and investors worldwide. In this edition, more than 13,000 companies were invited to participate, of which only 3,500 were selected as members of World DJSI.
The Corporate Sustainability Assessment evaluates companies from 61 industries and 27 countries based on sustainability criteria, awarding distinction to those companies that implement outstanding, comprehensive management of their businesses.
The recognition in the Corporate Sustainability Assessment results of Grupo Empresarial Argos companies and their consequent inclusion in the Dow Jones Sustainability Indices represents related benefits such as enhancing the confidence of interest groups, as well as consolidating it as an important tool for reporting, measuring and updating trends, given the rigor of the process and the opportunity to communicate with… Investors.
These results allow investors to evaluate the quality of management and the potential for future performance of companies, as well as identify investment opportunities that generate sustainable value over the long term.
