At Argos we believe that sustainability means creating value for both society and for the Company itself, which is why we uphold a Sustainability Strategy, which sets out our framework for action as well as the 3 pillars that define the action plans for achieving our objective.
At Argos, we manage sustainability based on an overarching strategic framework that includes our sustainability strategy, materiality analysis, integrated risk management system, work plans and goals. For more information, please click here →
All our actions are aimed at creating added value for both society and for the Company as a whole, making it possible to turn dreams into reality, thereby driving development and transforming lives through:
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We are convinced that in order to build a sustainable future we must transform the present through our individual actions. That is why we empower each of our stakeholders in their role as agents of change.
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We believe in the importance of building relationships with our stakeholders, where dialogue, transparency and the collective construction of common goals and achievements shall lead us towards a brighter future.
We know that sustainability is based on good resource management practices, which is why we work to close cycles and reduce our environmental impact.
We believe in the importance of building relationships with our stakeholders, where dialogue, transparency and the collective construction of common goals and achievements shall lead us towards a brighter future.
We know that sustainability is based on good resource management practices, which is why we work to close cycles and reduce our environmental impact.
We are convinced that in order to build a sustainable future we must transform the present through our individual actions. That is why we empower each of our stakeholders in their role as agents of change.
Strategic
Level
We report the risks and threats to the Board of Directors through its Audit, Finance and Risk Committee, for the definition of action plans and timely decision making through the Company's management.
Tactical Level
We carry out risk analysis and evaluation in operations, projects, processes, and different Company issues, quantifying
Operational Level
We apply the SGIR methodology in the risk analysis of processes and facilities, facilitating the formulation, implementation and monitoring of action plans.
We identify, analyze, assess and manage the risks that may impact the fulfillment of our strategy, projects, processes and operations. We have evaluation, monitoring and scaling mechanisms adopted in the methodology of our Comprehensive Risk Management System (SGIR, in Spanish), which defines different scales of impact (economic, reputational, information and Occupational Health and Safety), as well as scales of probability of occurrence, that make up their overall risk profile; seeking an efficient transfer through the Corporate Insurance Program, to reach all levels and geographies in which we operate.
We were once again recognized for our best Risk Management Practices, earning the highest possible rating of 100% on the
We create sustainable value through conscious, responsible production and the continuous improvement of our processes.
We are aware of the importance of our activity for the economic growth and social well-being of the geographies where we operate, while recognizing the impacts that this activity generates on the natural capital.
Therefore, through the implementation of our Environmental Management System, we seek continuous improvement that generates sustainable value for the Company, our value chain and other Stakeholders, by offering products and services with high standards that contribute to the solution of environmental problems.
In the coming years, we will be the actors of a profound transformation of the construction industry, which will allow us to offer our clients
a portfolio of innovative products and solutions with sustainability characteristics. To achieve this goal, we will be the best partners to our
clients in the construction of sustainable housing and infrastructure.
We approach climate change in an innovative manner as a challenge and an opportunity to our direct operations and their value chain.
Our goal is to reduce our net specific emissions to 523 kg CO2 /t of cementitious material.
We are committed to reducing emissions through actions that achieve the efficiency of our processes, thereby contributing to good air quality in the places where we operate. For this reason, we focus on the measurement, control and reduction of point sources and disperses of particulate matter emissions (dust), as well as emissions of sulfur oxides (SO2) and nitrogen oxides (NOx).
We are committed to responsibly using vital services, such as water and biodiversity, which are necessary to society, ecosystems, our operations and the value chain. This, by identifying and managing risks and significant impacts and taking advantage of opportunities
in the territories where we are present.
We contribute to the closing of life cycles of resources by harnessing waste or by-products from other industries, such as raw materials or
alternative-fuels, providing a sustainable solution to the problem of their disposal. Likewise, we focus on the prevention, reduction, reuse, and recycling of our waste. To this end, we establish collaborative links with authorities, companies, and communities.
En los próximos años seremos los actores de una profunda transformación de la industria de la construcción la cual nos permitirá ofrecerle a nuestros clientes un portafolio de productos y soluciones innovadoras y con características de sostenibilidad. Para lograr este objetivo, seremos los mejores aliados de nuestros clientes en la construcción de vivienda e infraestructura sostenible.
Ingresos por productos con características de sostenibilidad
Estamos comprometidos con la reducción de las emisiones a través de acciones que logren la eficiencia de nuestros procesos, contribuyendo a una buena calidad del aire en los lugares donde operamos. Por eso nos enfocamos en la medición, control y reducción de las emisiones de material particulado (polvo) puntuales y dispersas, así como las emisiones de óxidos de azufre (SO2) y óxidos de nitrógeno (NOx).
Asumimos de manera innovadora el cambio climático como un desafío y una oportunidad para nuestras operaciones directas y su cadena de valor. Por eso nos comprometemos a mitigar las emisiones directas e indirectas de CO2 y a generar las capacidades necesarias para la adaptación a sus impactos. Buscando contribuir a la competitividad y al crecimiento resiliente tanto de la compañía como de sus grupos de interés.
Reducción de emisiones especificas netas de CO2
Nos comprometemos a hacer un uso responsable de servicios vitales como el agua y la biodiversidad, los cuales son necesarios para la sociedad, los ecosistemas, nuestras operaciones y cadena de suministro valor. Mediante la identificación y manejo de riesgos e impactos significativos y el aprovechamiento de oportunidades, en los territorios donde tenemos presencia.
Aportamos al cierre del ciclo del uso de los recursos mediante el aprovechamiento de los residuos o subproductos de otras industrias como materias primas o combustible alternativos, brindando una solución sostenible a la problemática de su disposición. Así mismo nos enfocamos en la prevención, reducción, reutilización y el reciclaje de nuestros residuos. Para ello establecemos vínculos colaborativos con autoridades, empresas y comunidades.
We create value by contributing to the development of society through:
SDG 9.1 Develop quality, reliable, sustainable and resilient infrastructure.
SDG 1.4.1 Contribute to the increase in the proportion of the population living in households with access to basic services.
Community engagement strategy
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Building trust-based relationships through fluid and transparent dialog
satisfaction in priority communities by 2030
reiterative complaints by 2030
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Acting responsibly with regard to our operations, respecting and promoting human rights.
risk to the community by 2030 
% operations carrying high and critical risks of impacting communities by 2030<br>
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Generating development opportunities for driving growth in all those parts of the world where we are present.
resource leveraging by 2030 630.000 people benefited by our social investment programs by 2030Construir relaciones de confianza a través un diálogo fluido y transparente
de satisfacción en comunidades priorizadas para el 2030
quejas reiterativas para el 2030
Generar oportunidades de desarrollo para impulsar el crecimiento de los territorios
de recursos apalancados para el 2030
630.000 personas impactadas por programas de inversión social para el 2030
Actuar con responsabilidad en nuestra operación respetando y promoviendo los derechos humanos.
materializaciones de riesgos hacia la comunidad para el 2030
operaciones con riesgos altos y críticos de afectación a comunidades para el 2030
Leadership and accountability
We share our vision regarding occupational health and safety by ensuring that we all understand, all take responsibility for and are all empowered to achieve and sustain our “Zero” goal.
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We inspire our work teams to choose to work in a safe and healthy manner, applying, understanding and being aware of the consequences of complying or failing to comply with the proper performance of their functions.
Our goal is to:
- Introduce one successful impact project per region per year*.
*The impact of which relates to improvements obtained with our IFLT (Total Injury Frequency Rates), absenteeism due to GI (General Illness), high-risk situations and occupational illness.
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We strive to ensure that everyone is made aware of the risks posed and apply control measures to prevent occupational injuries and illnesses.
Our goal is to:
- Reduce total injuries by 50%*
*Baseline for 2019
- Reduce occupational illnesses by 30%.
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We share our vision on health and safety and make sure we all understand, take responsibility and empower ourselves to achieve and sustain Zero.
We strive to ensure that everyone is made aware of the risks posed and apply control measures to prevent occupational injuries and illnesses.
Our goal is to:
Reduce total injuries by n 50%*
*Baseline for 2019
- Reduce occupational illnesses by 30%.
Compartimos nuestra visión en seguridad y salud asegurando que todos comprendamos, asumamos nuestra responsabilidad y nos empoderemos para lograr y sostener el cero.
Nuestra meta es:
- Eliminar las lesiones graves en nuestros colaboradores y contratistas al 2025*
*Según alcance y definición establecida.
Trabajamos para que todos conozcamos los riegos y apliquemos las medidas de control que eviten lesiones y enfermedades laborales.
Nuestra meta es:
- Reducir las lesiones totales en un 50%*
*Línea base 2019
- Disminuir en 30% las enfermedades laborales.
Trabajamos para que todos conozcamos los riegos y apliquemos las medidas de control que eviten lesiones y enfermedades laborales.
Nuestra meta es:
- Reducir las lesiones totales en un 50%*
*Línea base 2019
- Disminuir en 30% las enfermedades laborales.
Inspiramos a los equipos de trabajo para que elijan trabajar seguros y saludables, aplicando, entendiendo y siendo conscientes de las consecuencias del cumplimiento o no de una adecuada gestión.
Nuestra meta es:
- Un proyecto de impacto exitoso por regional cada año*
*Cuyo impacto esté relacionado con la mejora de los indicadores de IFLT (Índice de Frecuencia de Lesiones Totales), ausentismo por EG (enfermedad general), situaciones de riesgo alto y enfermedad laboral.
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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.
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 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:
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.
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.
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:
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.
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.
