9/13/2018 11:29:06 AM
Medellin. Grupo Argos and its cement subsidiary Argos were ratified for the sixth consecutive year as members of the Dow Jones Sustainability Index-World DJSI, which recognizes good practices in terms of economic, environmental and social sustainability of the companies registered in stock markets.
This index, where only 317 companies were included in this edition, is a world reference for investors. It allows to analyze organizations that develop a responsible and comprehensive management of their businesses, with a strong focus on the value that the long-term shareholder can obtain.
Grupo Argos continues to be, for the second year in a row, a leader in the construction materials industry and once again was included in the Emerging Markets Index, DJSI Emerging Markets.
Celsia, a Grupo Argos energy subsidiary, for its part was included in the Dow Jones Sustainability Index for the Latin American Integrated Market (MILA) - Pacific Alliance, which recognizes companies with the best economic, social and environmental practices in Chile, Peru, Mexico and Colombia. Grupo Argos and Argos were also included.
"Being ratified as world leaders in sustainability by Dow Jones is the result of our conscious investment, our commitment to a responsible operation of all our businesses, and our permanent interest to positively impact society, respecting our planet," said Jorge Mario Velasquez, Grupo Argos CEO.
In this case, Grupo Argos and Argos were world leaders in corporate citizenship, climate change strategy, environmental report, supply chain management, Human talent attraction and retention, sustainable construction, tax strategy, water management and human rights, among others.
For its part, Celsia took the highest score in innovation management, environmental report, water management, corporate citizenship and philanthropy and labor practices within the MILA index. Only five companies in the region in the energy sector are part of the index, and Celsia obtained an above average score.
The Dow Jones Sustainability Index is the main indicator in the world that monitors the economic, social and environmental performance of companies present on the stock exchange market. In addition, it is a benchmark for international experts that include the sustainability management as one of its investment criteria.
About the Index
It is a global index that assesses the leading companies of 60 economic sectors, in collaboration with RobecoSam, based on sustainability criteria. It was born in 1999 and since then it has helped to consolidate a strategic vision around sustainable development, becoming an important reference for investors around the world.
In 2018 more than 3,500 companies around the world were invited to participate, but only 317 were selected as members of the worldwide DJSI.
Some benefits of being in the Dow Jones Sustainability Index
• Being included strengthens stakeholders confidence the in the management carried out by the companies since, due to its accuracy, it has become an important tool for reporting, measuring and updating global trends for organizations.
• On the other hand, this index helps investors to assess the quality of management and the potential performance of companies in the future, and it allows them to identify investment opportunities that generate sustainable value in the long term.
• It also represents a competitive edge, as consumers are increasingly demanding and look for products that guarantee sustainability, so being in the index is an objective way of demonstrating that the practices and products of the companies are sustainable.
• For communities and authorities, being in the index is a sign that the organizations' sustainability models are coherent with their way of acting in all geographies and levels, and that they are responsible and operate to assure the future.