Grupo Argos and Cementos Argos continue to strengthen as global benchmarks in Sustainability according to the 2022 version of the S&P corporate evaluation23 September 2022
- Grupo Argos achieved a score of 88 out of 100, maintaining its performance compared to 2021 and obtaining the best scores in Corporate Governance, Human Rights, Risks and Corporate Citizenship and Philanthropy.
- Although membership in the Dow Jones Sustainability indices by S&P Global will only be revealed until December, with this score Grupo Argos and Cementos Argos could continue to consolidate their global leadership.
The outstanding performance of Grupo Argos and Cementos Argos in the last 10 years in the global corporate evaluation in sustainability continues to be consolidated with the results published by S&P Global this Friday, September 23. Grupo Argos ratified its result of 88 points out of 100 in its consolidated management thanks to the strengthening of variables such as Corporate Governance, Human Rights, Risks and Corporate Citizenship and Philanthropy.
For its part, Cementos Argos achieved a consolidated rating of 86 points. The company maintained a high performance in the dimensions of Climate Change, Supply Chain, Human Rights and Human Capital Development, reaching the highest possible scores in the variables of Risk Management, Social Report and Environmental Report.
“We are proud to continue strengthening our performance in sustainability, an achievement that is based on the ability and fundamental belief of Grupo Argos to generate value for its shareholders in an economic, social and environmental balance.”
Jorge Mario Velasquez, President of Grupo Argos
S&P’s 2022 Global Corporate Sustainability Assessment evaluates the quality of companies’ sustainability management with the aim of identifying opportunities that allow them to strengthen their management and at the same time generate long-term value for their stakeholders. The outstanding results of Grupo Argos and Cementos Argos represent a guarantee seal for investors, clients, collaborators and all interest groups, increasingly aligned with sustainable products, services and processes.
Negocio de Desarrollo Urbano
Ciudad Mallorquín will be the first urban project in the Atlantic to implement Nature-Based Solutions for urban biodiversity management.5 October 2023
This initiative aims to create green spaces and solutions that improve the quality of life for people and the health of the ecosystem, contributing to the resilience of Barranquilla and Puerto Colombia in the face of the challenges of climate change.
Grupo Empresarial Argos inaugurated the second largest solar farm in the cement industry in Honduras, further solidifying its leadership in Central America in the implementation of sustainable projects.20 September 2023
With an investment exceeding USD 1.2 million, Cementos Argos and Celsia, both companies of the Argos Group, inaugurated a solar farm with over 2,100 photovoltaic modules at the Cementos Argos plant in Choloma, Río Blanquito, Honduras.
Grupo Argos Foundation
The Grupo Argos Foundation and Terraformation sign an alliance to drive an ambitious carbon offset project through the planting of over 2.3 million native tree species in the southwestern region of Antioquia11 September 2023
Terraformation has selected the Grupo Argos Foundation's participatory ecological restoration program, "Sembrando Futuro," from among more than 200 applications in the inaugural cohort of its Forest Carbon Accelerator. This initiative stands as the sole selection in Latin America.
The National University of Colombia and the Grupo Empresarial Argos launch the third cohort of the Sustainability Chair for more than 10,000 undergraduate students in Colombia.6 September 2023