Grupo Argos Sustainabilitybreadcrumb separatorMateriality

In order to adapt to changes in the environment, market dynamics and the expectations of our stakeholders, we regularly perform our materiality analysis, the road map that reflects our most important work focuses. In 2018 we identified the environmental, social and economic issues that we must prioritize over the next 3 years.

The process was carried out in the following stages:


Topic Identifications


Identification of interest groups to consult


Internal and external queries





We carried out an analysis of different sources of information to identify global agenda issues, mega trends, practices and sector initiatives, international adhesions and commitments, as well as the strategic and emerging risks to which we are exposed to as a holding company, the guidelines of our MEGA and the components of the corporate strategy.

The final result allows us to see the relevant topics for the next three years, which we have classified into three groups: priority, relevant and emerging or maintenance.

Relevance for stakeholders

Materiality Matrix 2019-2021


                                                                                   Relevance for the business

    Priority Issues

  • 1. Responsible Operation

    Definition and monitoring of guidelines and goals of responsible operation of business and changes in its risk and impact factors (water, ecosystems, climate change, SISO and talent) that seek to manage the main risks and impacts of business operations.

  • 2. Financial Success

    Efficient management of the investment portfolio through the efficient allocation of long-term capital: efficient, with greater impact and that meets expectations of shareholder risk while seeking the required financial flexibility.

  • 3. Corporate Governance

    Implementation of high standards in corporate governance that seek to ensure respect for the rights of shareholders and investors.

    Relevant Issues

  • 4. Talent Management

    Strategies aimed at attracting, developing and retaining talent, with special emphasis on development that allows promoting relocation and ensuring succession and retention of key talent.

  • 5. Conscious Investment

    Investment management to meet business objectives considering ESG criteria (environmental, social and government) with emphasis on the processes of identification and evaluation of ESG risks in investments (pre-acquisition).

  • 6. Ethics, Conduct and Transparency

    Implementation of practices that seek to promote an organizational culture based on business ethics. It includes practices of transparency, compliance with the law and anti-corruption, anti-competition and money laundering and terrorist financing policies.

  • 7. Working Model of the Business Group

    It provides a purpose of unity and direction to businesses to ensure subordination and control, respecting their sectoral diversity.

  • 8. Cutting-edge Practices

    The organization's ability to identify and capitalize on investment opportunities and promote new models to generate future growth of businesses and investors through the allocation of capital. All this in aims of strengthening the business models of its subsidiaries.

  • 9. Promise of Value to Society

    Corporate management to maintain a balance between adding value of investments to society and institutions to contribute to the growth of the countries where the Business Group is present..


    Emerging issues are those that do not have a current impact on our stakeholders. But could have it in the long term. On the other hand, those of maintenance are the ones where norms and practices already exist and are common in our sector. These are known as:

    10. Organizational culture.

    11. Audit and control.

    12. Corporate citizenship.

    13. Labor practices.

    14. Management and administrative consolidation.

    15. Brand Management.