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Policies and codes

We are committed to transparency, integrity and meeting the highest standards. Here you will find the ethical principles, values ​​and regulations that guide our conduct, decisions and risk management.

Corporate governance code 

It establishes measures regarding the company’s governance, administrative practices and conduct of its employees, managment of its information and public knowledge of their operations.

Code of business conduct 

It defines the behavioral guide that complements our prudent and common-sense approach, helping us adopt behaviors that make us proud and contribute to maintining Cementos Argos positive image.

Supplier’s Conduct Code 

Contains the responsible business practices and values that Argos expects its suppliers to adhere during negociations and contractual relationships.

Anti-bribery and corruption policy (ABC) 

Establishes the general framework of action and decision making that contributes to the prevention and self regulation of the bribery and corruption risks in our operations and business.

Competition policy 

It constitutes the foundation of our relationship with our stakeholders (customers, suppliers, partners and authorities) as a general framework for action and decision making to comply with competition regulations.

AML/CFT Policy 

Establishes a general framework for action and decision making that contributes to prevention and self regulation of the risks of money laundering, terrorism financing and proliferation of weapons of mass destruction in our operations and business.

Cybersecurity policy 

Establishes the frameworks that will guide the behavioral guidelines for employees and third-parties involved in the management of information and operations, as well as measures to protect the technologies enabling business activities.

Policy on appointment, compensation and succession of the board of directors 

Establishes the general parameters that the different governing bodies of the company should adhere to, specially the Shareholder’s Assembly, in order to ensure that the individuals appointed to serve as members of the Board of Directors are the most suitable according to the Company’s needs and adequately compensated.

Policy on relationships between Affiliated Companies 

Establishes the criteria and general framework applicable to relations carried out between two or more companies that are part of different businesses within Grupo Empresarial Argos.

IT Policy 

Establishes a framework of action to be followed by Cementos Argos and its affiliated companies to ensure business growth through the utilization of implemented technologies, development and implementation of solutions that enable and enhance the deployment of the strategy and the adequate managment of risks and resources.

Stakeholders policy 

Establishes the general framework of the relationships between the company and its stakeholders in every activity and operation.

Diversity policy 

This constitutes the declaration of Argos for respecting, promoting and valueing diversity, inclusion and the principles of equal opportunities in the workplace.

Gender equality policy 

It constitutes Argos’ statement to promote gender equity as a fundamental element of the organizational culture.

Human Rights policy 

This defines the framework for carrying out our economic activities responsibly, committed to respecting and promoting the human rights of all individuals.

Policy on Transaction between Affiliated Companies 

This policy aims to establish the criteria and general framework applicable to operations carried out between two or more companies that are part of different businesses within Grupo Empresarial Argos.

Industrial Safety and Occupational Health 
It defines the framework of action to achieve our goal of zero incidents and zero occupational illnesses through collaborative work.

Sustainability strategy 

Establishes a strategic framework for the creation of value for society and the company through four fundamental pilars.

Environmental strategy 

It defines how we manage consciously and responsibly the natural ressources that interact with our operation and value chain through the identification and management of environmental impacts.

Climate change strategy 

It defines the company’s framework of action, guidelines and goals to contribute to the mitigation and adaptation to climate change.

Communities strategy 

Defines the company’s commitment to creating value by contributing to the development of the society and promoting progress in the territorires where we operate.

Commitment with Nature 

It defines the Company’s commitment to having a net positive imoact in biodiversity and to efficiently use water resources.

Road Safety best practices guidelines 

It has the purpose of promoting the road safety best practices among Argos’ stakeholders and other road users.

Procurement Policy 

Contains the mandatory rules and policies governing the acquisition of goods ans services classified in the Core and Specialized Categories of Colombia and CCA regions and classified in the Non-Core Categories of CCA Region.

Risk Management System Manual 

Sets and disseminates the policies, objectives, organizational structure, methodologies, strategies and processes applicable on the implementation, development and monitoring of Grupo Empresarial Argos Comprehensive Risk Management System.

Appendix 1: Risk Manual Risk management roles and responsabilities 

Defines the roles and responsabilities for risk management.

Appendix 2: Risk Manual-Criteria for measuring the likehood of occurrence 

Defines the criteria to measure the likehood of occurrence.

Appendix 3: Risk Manual-Criteria for measuring the impact 

Defines the criteria to measure the impact.

Appendix 4: Risk Manual-Risk management methodology 

Establishes the methodology of risk management.

Appendix 5: Risk Manual-Risk reporting matrix 

Establishes the risk reporting matrix for Cementos Argos.

OH&S Management System  

Defines the company’s SISO policy, core principles and rules.

Health and Safety Policy  

Defines Argos’ commitment to provide safe and healthy conditions for all our employees, contractors and visitors.

Environmental Management Policy  

Defines Argos’ commitment to improve our environmental performance in all production operations and business facilities.

 

Corporate governance code 

It establishes measures regarding the company’s governance, administrative practices and conduct of its employees, managment of its information and public knowledge of their operations.

 

Code of business conduct 

It defines the behavioral guide that complements our prudent and common-sense approach, helping us adopt behaviors that make us proud and contribute to maintining Cementos Argos positive image.

Anti-bribery and corruption policy (ABC) 

Establishes the general framework of action and decision making that contributes to the prevention and self regulation of the bribery and corruption risks in our operations and business.

 

Corporate governance code 

It establishes measures regarding the company’s governance, administrative practices and conduct of its employees, managment of its information and public knowledge of their operations.

 

Code of business conduct 

It defines the behavioral guide that complements our prudent and common-sense approach, helping us adopt behaviors that make us proud and contribute to maintining Cementos Argos positive image.

 

Competition policy 

It constitutes the foundation of our relationship with our stakeholders (customers, suppliers, partners and authorities) as a general framework for action and decision making to comply with competition regulations.

 

AML/CFT Policy 

Establishes a general framework for action and decision making that contributes to prevention and self regulation of the risks of money laundering, terrorism financing and proliferation of weapons of mass destruction in our operations and business.

 

Cybersecurity policy 

Establishes the frameworks that will guide the behavioral guidelines for employees and third-parties involved in the management of information and operations, as well as measures to protect the technologies enabling business activities.

 

Policy on appointment, compensation and succession of the board of directors 

Establishes the general parameters that the different governing bodies of the company should adhere to, specially the Shareholder’s Assembly, in order to ensure that the individuals appointed to serve as members of the Board of Directors are the most suitable according to the Company’s needs and adequately compensated.

 

Policy on relationships between Affiliated Companies 

Establishes the criteria and general framework applicable to relations carried out between two or more companies that are part of different businesses within Grupo Empresarial Argos.

 

IT Policy 

Establishes a framework of action to be followed by Cementos Argos and its affiliated companies to ensure business growth through the utilization of implemented technologies, development and implementation of solutions that enable and enhance the deployment of the strategy and the adequate managment of risks and resources.

Corporate governance code 

It establishes measures regarding the company’s governance, administrative practices and conduct of its employees, managment of its information and public knowledge of their operations.

Code of business conduct 

It defines the behavioral guide that complements our prudent and common-sense approach, helping us adopt behaviors that make us proud and contribute to maintining Cementos Argos positive image.

Supplier’s Conduct Code 

Contains the responsible business practices and values that Argos expects its suppliers to adhere during negociations and contractual relationships.

Anti-bribery and corruption policy (ABC) 

Establishes the general framework of action and decision making that contributes to the prevention and self regulation of the bribery and corruption risks in our operations and business.

Stakeholders policy 

Establishes the general framework of the relationships between the company and its stakeholders in every activity and operation.

Procurement Policy 

Contains the mandatory rules and policies governing the acquisition of goods ans services classified in the Core and Specialized Categories of Colombia and CCA regions and classified in the Non-Core Categories of CCA Region.

Environmental Management Policy  

Defines Argos’ commitment to improve our environmental performance in all production operations and business facilities.

Sustainability strategy 

Establishes a strategic framework for the creation of value for society and the company through four fundamental pilars.

Climate change strategy 

It defines the company’s framework of action, guidelines and goals to contribute to the mitigation and adaptation to climate change.

Environmental Management Policy  

Defines Argos’ commitment to improve our environmental performance in all production operations and business facilities.

Sustainability strategy 

Establishes a strategic framework for the creation of value for society and the company through four fundamental pilars.

Climate change strategy 

It defines the company’s framework of action, guidelines and goals to contribute to the mitigation and adaptation to climate change.

Environmental Management Policy  

Defines Argos’ commitment to improve our environmental performance in all production operations and business facilities.

Sustainability strategy 

Establishes a strategic framework for the creation of value for society and the company through four fundamental pilars.

Environmental Management Policy  

Defines Argos’ commitment to improve our environmental performance in all production operations and business facilities.

Environmental strategy 

It defines how we manage consciously and responsibly the natural ressources that interact with our operation and value chain through the identification and management of environmental impacts.

Commitment with Nature 

It defines the Company’s commitment to having a net positive imoact in biodiversity and to efficiently use water resources.

Corporate governance code 

It establishes measures regarding the company’s governance, administrative practices and conduct of its employees, managment of its information and public knowledge of their operations.

 

Code of business conduct 

It defines the behavioral guide that complements our prudent and common-sense approach, helping us adopt behaviors that make us proud and contribute to maintining Cementos Argos positive image.

 

Anti-bribery and corruption policy (ABC) 

Establishes the general framework of action and decision making that contributes to the prevention and self regulation of the bribery and corruption risks in our operations and business.

 

Cybersecurity policy 

Establishes the frameworks that will guide the behavioral guidelines for employees and third-parties involved in the management of information and operations, as well as measures to protect the technologies enabling business activities.

Diversity policy 

This constitutes the declaration of Argos for respecting, promoting and valueing diversity, inclusion and the principles of equal opportunities in the workplace.

 

Gender equality policy 

It constitutes Argos’ statement to promote gender equity as a fundamental element of the organizational culture.

Industrial Safety and Occupational Health 
It defines the framework of action to achieve our goal of zero incidents and zero occupational illnesses through collaborative work.

 

Road Safety best practices guidelines 

It has the purpose of promoting the road safety best practices among Argos’ stakeholders and other road users.

 

OH&S Management System  

Defines the company’s SISO policy, core principles and rules.

 

Health and Safety Policy  

Defines Argos’ commitment to provide safe and healthy conditions for all our employees, contractors and visitors.

Stakeholders policy 

Establishes the general framework of the relationships between the company and its stakeholders in every activity and operation.

 

Human Rights policy 

This defines the framework for carrying out our economic activities responsibly, committed to respecting and promoting the human rights of all individuals.

 

Communities strategy 

Defines the company’s commitment to creating value by contributing to the development of the society and promoting progress in the territorires where we operate.

Stakeholders policy 

Establishes the general framework of the relationships between the company and its stakeholders in every activity and operation.

 

Human Rights policy 

This defines the framework for carrying out our economic activities responsibly, committed to respecting and promoting the human rights of all individuals.

Corporate governance code 

It establishes measures regarding the company’s governance, administrative practices and conduct of its employees, managment of its information and public knowledge of their operations.

 

Competition policy 

It constitutes the foundation of our relationship with our stakeholders (customers, suppliers, partners and authorities) as a general framework for action and decision making to comply with competition regulations.

 

Policy on appointment, compensation and succession of the board of directors 

Establishes the general parameters that the different governing bodies of the company should adhere to, specially the Shareholder’s Assembly, in order to ensure that the individuals appointed to serve as members of the Board of Directors are the most suitable according to the Company’s needs and adequately compensated.

 

Policy on relationships between Affiliated Companies 

Establishes the criteria and general framework applicable to relations carried out between two or more companies that are part of different businesses within Grupo Empresarial Argos.

 

Policy on Transaction between Affiliated Companies 

This policy aims to establish the criteria and general framework applicable to operations carried out between two or more companies that are part of different businesses within Grupo Empresarial Argos.

Risk Management System Manual 

Sets and disseminates the policies, objectives, organizational structure, methodologies, strategies and processes applicable on the implementation, development and monitoring of Grupo Empresarial Argos Comprehensive Risk Management System.

 

Appendix 1: Risk Manual Risk management roles and responsabilities 

Defines the roles and responsabilities for risk management.

 

Appendix 2: Risk Manual-Criteria for measuring the likehood of occurrence 

Defines the criteria to measure the likehood of occurrence.

 

Appendix 3: Risk Manual-Criteria for measuring the impact 

Defines the criteria to measure the impact.

 

Appendix 4: Risk Manual-Risk management methodology 

Establishes the methodology of risk management.

 

Appendix 5: Risk Manual-Risk reporting matrix 

Establishes the risk reporting matrix for Cementos Argos.

All

Corporate governance code 

It establishes measures regarding the company’s governance, administrative practices and conduct of its employees, managment of its information and public knowledge of their operations.

 

Code of business conduct 

It defines the behavioral guide that complements our prudent and common-sense approach, helping us adopt behaviors that make us proud and contribute to maintining Cementos Argos positive image.

 

Supplier’s Conduct Code 

Contains the responsible business practices and values that Argos expects its suppliers to adhere during negociations and contractual relationships.

 

Anti-bribery and corruption policy (ABC) 

Establishes the general framework of action and decision making that contributes to the prevention and self regulation of the bribery and corruption risks in our operations and business.

 

Competition policy 

It constitutes the foundation of our relationship with our stakeholders (customers, suppliers, partners and authorities) as a general framework for action and decision making to comply with competition regulations.

 

AML/CFT Policy 

Establishes a general framework for action and decision making that contributes to prevention and self regulation of the risks of money laundering, terrorism financing and proliferation of weapons of mass destruction in our operations and business.

 

Cybersecurity policy 

Establishes the frameworks that will guide the behavioral guidelines for employees and third-parties involved in the management of information and operations, as well as measures to protect the technologies enabling business activities.

 

Policy on appointment, compensation and succession of the board of directors 

Establishes the general parameters that the different governing bodies of the company should adhere to, specially the Shareholder’s Assembly, in order to ensure that the individuals appointed to serve as members of the Board of Directors are the most suitable according to the Company’s needs and adequately compensated.

 

Policy on relationships between Affiliated Companies 

Establishes the criteria and general framework applicable to relations carried out between two or more companies that are part of different businesses within Grupo Empresarial Argos.

 

IT Policy 

Establishes a framework of action to be followed by Cementos Argos and its affiliated companies to ensure business growth through the utilization of implemented technologies, development and implementation of solutions that enable and enhance the deployment of the strategy and the adequate managment of risks and resources.

 

Stakeholders policy 

Establishes the general framework of the relationships between the company and its stakeholders in every activity and operation.

 

Diversity policy 

This constitutes the declaration of Argos for respecting, promoting and valueing diversity, inclusion and the principles of equal opportunities in the workplace.

 

Gender equality policy 

It constitutes Argos’ statement to promote gender equity as a fundamental element of the organizational culture.

 

Human Rights policy 

This defines the framework for carrying out our economic activities responsibly, committed to respecting and promoting the human rights of all individuals.

 

Policy on Transaction between Affiliated Companies 

This policy aims to establish the criteria and general framework applicable to operations carried out between two or more companies that are part of different businesses within Grupo Empresarial Argos.

 

Industrial Safety and Occupational Health 
It defines the framework of action to achieve our goal of zero incidents and zero occupational illnesses through collaborative work.

 

Sustainability strategy 

Establishes a strategic framework for the creation of value for society and the company through four fundamental pilars.

 

Environmental strategy 

It defines how we manage consciously and responsibly the natural ressources that interact with our operation and value chain through the identification and management of environmental impacts.

 

Climate change strategy 

It defines the company’s framework of action, guidelines and goals to contribute to the mitigation and adaptation to climate change.

 

Communities strategy 

Defines the company’s commitment to creating value by contributing to the development of the society and promoting progress in the territorires where we operate.

 

Commitment with Nature 

It defines the Company’s commitment to having a net positive imoact in biodiversity and to efficiently use water resources.

 

Road Safety best practices guidelines 

It has the purpose of promoting the road safety best practices among Argos’ stakeholders and other road users.

 

Procurement Policy 

Contains the mandatory rules and policies governing the acquisition of goods ans services classified in the Core and Specialized Categories of Colombia and CCA regions and classified in the Non-Core Categories of CCA Region.

 

Risk Management System Manual 

Sets and disseminates the policies, objectives, organizational structure, methodologies, strategies and processes applicable on the implementation, development and monitoring of Grupo Empresarial Argos Comprehensive Risk Management System.

 

Appendix 1: Risk Manual Risk management roles and responsabilities 

Defines the roles and responsabilities for risk management.

 

Appendix 2: Risk Manual-Criteria for measuring the likehood of occurrence 

Defines the criteria to measure the likehood of occurrence.

 

Appendix 3: Risk Manual-Criteria for measuring the impact 

Defines the criteria to measure the impact.

 

Appendix 4: Risk Manual-Risk management methodology 

Establishes the methodology of risk management.

 

Appendix 5: Risk Manual-Risk reporting matrix 

Establishes the risk reporting matrix for Cementos Argos.

 

OH&S Management System  

Defines the company’s SISO policy, core principles and rules.

 

Health and Safety Policy  

Defines Argos’ commitment to provide safe and healthy conditions for all our employees, contractors and visitors.

Profitable growth and fundamental value of the company

Corporate governance code 

It establishes measures regarding the company’s governance, administrative practices and conduct of its employees, managment of its information and public knowledge of their operations.

 

Code of business conduct 

It defines the behavioral guide that complements our prudent and common-sense approach, helping us adopt behaviors that make us proud and contribute to maintining Cementos Argos positive image.

Business Ethics, Compliance and Integrity

Anti-bribery and corruption policy (ABC) 

Establishes the general framework of action and decision making that contributes to the prevention and self regulation of the bribery and corruption risks in our operations and business.

 

Corporate governance code 

It establishes measures regarding the company’s governance, administrative practices and conduct of its employees, managment of its information and public knowledge of their operations.

 

Code of business conduct 

It defines the behavioral guide that complements our prudent and common-sense approach, helping us adopt behaviors that make us proud and contribute to maintining Cementos Argos positive image.

 

Competition policy 

It constitutes the foundation of our relationship with our stakeholders (customers, suppliers, partners and authorities) as a general framework for action and decision making to comply with competition regulations.

 

AML/CFT Policy 

Establishes a general framework for action and decision making that contributes to prevention and self regulation of the risks of money laundering, terrorism financing and proliferation of weapons of mass destruction in our operations and business.

 

Cybersecurity policy 

Establishes the frameworks that will guide the behavioral guidelines for employees and third-parties involved in the management of information and operations, as well as measures to protect the technologies enabling business activities.

 

Policy on appointment, compensation and succession of the board of directors 

Establishes the general parameters that the different governing bodies of the company should adhere to, specially the Shareholder’s Assembly, in order to ensure that the individuals appointed to serve as members of the Board of Directors are the most suitable according to the Company’s needs and adequately compensated.

 

Policy on relationships between Affiliated Companies 

Establishes the criteria and general framework applicable to relations carried out between two or more companies that are part of different businesses within Grupo Empresarial Argos.

 

IT Policy 

Establishes a framework of action to be followed by Cementos Argos and its affiliated companies to ensure business growth through the utilization of implemented technologies, development and implementation of solutions that enable and enhance the deployment of the strategy and the adequate managment of risks and resources.

Resilient Supply Chain

Corporate governance code 

It establishes measures regarding the company’s governance, administrative practices and conduct of its employees, managment of its information and public knowledge of their operations.

 

Code of business conduct 

It defines the behavioral guide that complements our prudent and common-sense approach, helping us adopt behaviors that make us proud and contribute to maintining Cementos Argos positive image.

 

Supplier’s Conduct Code 

Contains the responsible business practices and values that Argos expects its suppliers to adhere during negociations and contractual relationships.

 

Anti-bribery and corruption policy (ABC) 

Establishes the general framework of action and decision making that contributes to the prevention and self regulation of the bribery and corruption risks in our operations and business.

 

Stakeholders policy 

Establishes the general framework of the relationships between the company and its stakeholders in every activity and operation.

 

Procurement Policy 

Contains the mandatory rules and policies governing the acquisition of goods ans services classified in the Core and Specialized Categories of Colombia and CCA regions and classified in the Non-Core Categories of CCA Region.

Sustainable products and services

Sustainability strategy 

Establishes a strategic framework for the creation of value for society and the company through four fundamental pilars.

 

Climate change strategy 

It defines the company’s framework of action, guidelines and goals to contribute to the mitigation and adaptation to climate change.

Mitigation and Adaptation to Climate Change

Sustainability strategy 

Establishes a strategic framework for the creation of value for society and the company through four fundamental pilars.

 

Climate change strategy 

It defines the company’s framework of action, guidelines and goals to contribute to the mitigation and adaptation to climate change.

Environmental Management

Sustainability strategy 

Establishes a strategic framework for the creation of value for society and the company through four fundamental pilars.

 

Environmental strategy 

It defines how we manage consciously and responsibly the natural ressources that interact with our operation and value chain through the identification and management of environmental impacts.

 

Commitment with Nature 

It defines the Company’s commitment to having a net positive imoact in biodiversity and to efficiently use water resources.

Customer Experience

Corporate governance code 

It establishes measures regarding the company’s governance, administrative practices and conduct of its employees, managment of its information and public knowledge of their operations.

 

Code of business conduct 

It defines the behavioral guide that complements our prudent and common-sense approach, helping us adopt behaviors that make us proud and contribute to maintining Cementos Argos positive image.

 

Anti-bribery and corruption policy (ABC) 

Establishes the general framework of action and decision making that contributes to the prevention and self regulation of the bribery and corruption risks in our operations and business.

 

Cybersecurity policy 

Establishes the frameworks that will guide the behavioral guidelines for employees and third-parties involved in the management of information and operations, as well as measures to protect the technologies enabling business activities.

Talent and Inclusion Management

Diversity policy 

This constitutes the declaration of Argos for respecting, promoting and valueing diversity, inclusion and the principles of equal opportunities in the workplace.

 

Gender equality policy 

It constitutes Argos’ statement to promote gender equity as a fundamental element of the organizational culture.

Safety, health, and personal well-being

Industrial Safety and Occupational Health 
It defines the framework of action to achieve our goal of zero incidents and zero occupational illnesses through collaborative work.

 

Road Safety best practices guidelines 

It has the purpose of promoting the road safety best practices among Argos’ stakeholders and other road users.

 

OH&S Management System  

Defines the company’s SISO policy, core principles and rules.

 

Health and Safety Policy  

Defines Argos’ commitment to provide safe and healthy conditions for all our employees, contractors and visitors.

Social Value

Stakeholders policy 

Establishes the general framework of the relationships between the company and its stakeholders in every activity and operation.

 

Human Rights policy 

This defines the framework for carrying out our economic activities responsibly, committed to respecting and promoting the human rights of all individuals.

 

Communities strategy 

Defines the company’s commitment to creating value by contributing to the development of the society and promoting progress in the territorires where we operate.

Human Rights

Stakeholders policy 

Establishes the general framework of the relationships between the company and its stakeholders in every activity and operation.

 

Human Rights policy 

This defines the framework for carrying out our economic activities responsibly, committed to respecting and promoting the human rights of all individuals.

Corporate governance

Corporate governance code 

It establishes measures regarding the company’s governance, administrative practices and conduct of its employees, managment of its information and public knowledge of their operations.

 

Competition policy 

It constitutes the foundation of our relationship with our stakeholders (customers, suppliers, partners and authorities) as a general framework for action and decision making to comply with competition regulations.

 

Policy on appointment, compensation and succession of the board of directors 

Establishes the general parameters that the different governing bodies of the company should adhere to, specially the Shareholder’s Assembly, in order to ensure that the individuals appointed to serve as members of the Board of Directors are the most suitable according to the Company’s needs and adequately compensated.

 

Policy on relationships between Affiliated Companies 

Establishes the criteria and general framework applicable to relations carried out between two or more companies that are part of different businesses within Grupo Empresarial Argos.

 

Policy on Transaction between Affiliated Companies 

This policy aims to establish the criteria and general framework applicable to operations carried out between two or more companies that are part of different businesses within Grupo Empresarial Argos.

Risk Management

Risk Management System Manual 

Sets and disseminates the policies, objectives, organizational structure, methodologies, strategies and processes applicable on the implementation, development and monitoring of Grupo Empresarial Argos Comprehensive Risk Management System.

 

Appendix 1: Risk Manual Risk management roles and responsabilities 

Defines the roles and responsabilities for risk management.

 

Appendix 2: Risk Manual-Criteria for measuring the likehood of occurrence 

Defines the criteria to measure the likehood of occurrence.

 

Appendix 3: Risk Manual-Criteria for measuring the impact 

Defines the criteria to measure the impact.

 

Appendix 4: Risk Manual-Risk management methodology 

Establishes the methodology of risk management.

 

Appendix 5: Risk Manual-Risk reporting matrix 

Establishes the risk reporting matrix for Cementos Argos.

Atmospheric emissions

We are committed to reducing our emissions through actions that achieve more efficient processes and the implementation of abatement measures, contributing to good air quality in the places where we operate.  Our cement-, concrete- and aggregate-production processes generate punctual and scattered particulate matter (PM) emissions, as well as emissions of sulfur oxides (SO2) and nitrogen oxides (NOx) in the clinkering furnaces of the cement plants.

  • For society:  To contribute to mitigating the impact on air quality in the areas where we operate, acting responsibly and promoting relationships of trust with our Stakeholders.

 

  • For the company:  To develop more efficient processes that allow us to reduce our atmospheric emissions and contribute to responsible production, complying with local regulations in the countries where we operate and – in some cases – going beyond compliance with said regulations, contributing to the profitability of the business and preparing to face future challenges.

The “Emissions” pillar of our Environmental Strategy focuses on: Working on the adequate measurement, control and reduction of SO2, NOx and particulate-material (PM) emissions generated by our production processes in the cement business and on the prevention and mitigation of our dispersed emissions of particulate material (dust), originated mainly by the activities of transportation, transfer, unloading and storage of materials in the cement, concrete and aggregate processes. The foregoing, through operational control, optimization and renewal of emission-control systems to achieve continuous improvement.

Industry positioning

We position ourselves as strategic allies for the development of the territories where we are present, directly and through the empowerment of our value chain.  We do it through the construction of housing and sustainable infrastructure that enables the closing of socioeconomic gaps, the generation of employment, the improvement of the quality of life and the reduction of the impacts generated.

  • For society:  To sustainably respond to the growing demand for housing and infrastructure of the world population with the aim of improving people’s quality of life, interconnecting regions and developing innovative solutions. 

 

  •  

    For the company:  To be strategic allies of the actors in our value chain in order to maintain the Company’s leadership in the market, ensure its competitiveness over time and increase the generation of sustainable value.

We are committed to the role we have as a Company in the achievement of the 2030 Agenda goals, the consolidation of territorial development plans where we operate, and the economic reactivation of the countries affected by the pandemic. Therefore, we focus our efforts in the development of sustainable housing and infrastructure projects that contribute to closing socioeconomic gaps, generating employment under safe conditions, environmental protection, and investment in improving people’s health systems and quality of life. 

Our work unfolds in three large lines:

 

Cities for everyone:

 

With nearly 54% of the world  population living in urban areas, the pandemic made inequality of those who live in the cities of the world

manifest. Nearly 90% of the COVID-19 cases are concentrated in the urban

centers that have, among others, challenges associated with access to basic services and decent housing conditions. For this reason, we work together with our value chain to develop projects that benefit the lessfavored population, facilitate access to housing, and promote development in

the areas of influence.

 

Interconnected cities

 

The need to connect urban areas with rural areas to expand the coverage

of basic services, such as health, has been a priority of developing countries

since before the pandemic. Therefore, during 2020, we continued working on creating innovative solutions that allow us to be present in the large projects of the countries and territories where we are present.

 

Intelligent cities

 

In recent years, the acuteness of the effects of climate change became the

risk of greatest impact to the world. Therefore, in the global stage, a need

has grown to transition to a low-carbon economy, an opportunity that becomes more relevant amid post-pandemic recovery scenarios and the effort we are making as a Company to generate new business models that respond to environmental and social challenges. For this reason, our Climate-Change Strategy includes actions aimed at mitigating the impacts associated with our productive processes, adapting our operating model and innovating from the identification of optimization opportunities.

Supplier management

Supplier management is a fundamental pillar of our Supply Chain Strategy; it seeks to build and strengthen relationships with strategic allies who have the ability to contribute to the Company in terms of efficiency, productivity, customer service and innovation.  For this reason, we carefully select our suppliers, transfer knowledge to promote their development, promote good practices and recognize those who are an example of sustainable, innovative, safe and responsible management.

  • For society:  To develop our suppliers, promote transparent practices and responsible conduct, to improve the productivity and competitiveness of our society and support the construction of a better future.

 

  • For the company:  To seek to add value throughout the Company’s supply chain, from the purchase of goods and services to the delivery of products to clients.  Through the mitigation of risks and potentiation of opportunities, the implementation of good contracting practices and service excellence, we create relationships of trust and turn suppliers into business allies.

Our management is divided into five stages:

  1. Identification: We determine the goods and services required for our operation and the category to which they belong, according to our Category Tree. This groups our suppliers into macro-categories which – in turn – are subdivided into two more specific levels.
  2. Pre-Selection: We validate the suitability of suppliers through due diligence and review aspects of sustainability and financial health to ensure long-term relationships.
  3. Negotiation: We select suppliers with high standards, considering technical, economic, sustainability and service aspects.
  4. Retention and evaluation: We carry out knowledge-transfer processes with those suppliers with growth potential.
    • We characterize our suppliers as critical suppliers or with potential risk in sustainability.
    • We measure the management of critical suppliers through performance evaluations in terms of quality, service, occupational health and safety, having constant feedback and identifying key factors for their development.
    • We apply the Sustainability Index to suppliers with potential sustainability risks, to identify challenges, opportunities, and to develop joint action plans in environmental, economic, social and Human-Rights matters.
    • We implement additional controls and development plans to suppliers belonging to categories where the greatest potential risks have been identified. This is how, for example, we develop road-safety strategies for our logistics suppliers; with mining suppliers, we carry out a more rigorous pre-selection process, and with contractors, we have special controls on occupational health and safety.
    • We have a Transparency Line for Stakeholders to report possible improper actions and to implement the pertinent corrective actions. 
  5. Recognition:  Every two years, through Growing Together (Creciendo Juntos), we recognize the suppliers that have shown outstanding performance in innovation, sustainability, health and safety and development and comprehensiveness.

 

Additionally, we have:

 

Contracting manual: transparent action framework that guides the negotiation and contracting of our suppliers to allow the process to be agile, make use of best practices and carry out adequate risk management.

 

Code of conduct for suppliers: in which we define the principles and behaviors that we expect from our allies in terms of respect for human rights, protection of workers, environmental management, business ethics and responsible business practices.

Ethics and compliance

We are convinced that ethics and integrity are fundamental and non-negotiable; that is why we live by these principles, integrating them into our operations, processes, and strategy, thus generating value responsibly for our business, our Stakeholders, and for society.  Through the Global Governance and Compliance Program, our ethics and business conduct system, we seek to promote that our actions are consistent with the pillars of corporate culture and integrity as the guiding principle of our business activity.

  • For society:  To promote transparent, competitive, and sustainable business environments that strengthen trust and ethics in business, generating positive impacts for the market and society.

 

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    For the company:  To promote that our actions are consistent with the pillars of culture and that integrity is the inspiring principle of all members of the Organization.  This is how we consolidate ourselves as a competitive, reliable company in the eyes of investors and other Stakeholders.

We have voluntarily adopted a self-regulatory framework that confirms our commitment to business ethics as a way to promote transparent practices that contribute to the development of competitive environments. This framework* incorporates mandatory principles of ethics and conduct:

 

 

For the proper implementation and application of these guidelines, the strengthening of the ethical culture, the prevention and control of incorrect actions, our Board of Directors approved the Global Governance and Compliance Program (GGCP, in Spanish). The program structure incorporates international best practices to evaluate compliance programs, such as ISO 37001, ISO 19600 and the United States Department of Justice (DOJ) guidelines. The program has the following scope:

 

 

Likewise, it systematically groups together the activities carried out to promote integrity in the Company’s actions, its employees, and members

of the value chain, which allow the updating and permanent strengthening

of the program. Operating Scheme:

 

Efficiency and productivity

We materialize our Corporate Strategy through actions aimed at the efficient use of resources, the improvement of our financial flexibility and the maximization of income generation and business profitability.  We focus on the application of efficient, safe production processes and circular economy models, on the diversification of energy management models and on the efficient management of the supply chain.

  • For society:  To provide solutions and products that meet the needs of our clients through the responsible, appropriate use of resources and the incorporation of raw materials and alternative energy sources.

 

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    For the company:  To guarantee business sustainability, optimize working capital and capital investments, reduce costs and the level of indebtedness, and mitigate risks regarding the availability of resources necessary for our operation and the emergence of new business realities, environmental requirements and new regulations.

Creamos valor construyendo relaciones sólidas que transforman el futuro de la sociedad

Creamos valor a través de nuestro compromiso con el desarrollo responsable y transparente de nuestras actividades.