Value Added to Society (VAS)

Through our business activities, we transform the different types of capital that we use to operate into value: financial, human, natural, social, intellectual and operational capital.

Report Status of value added to society (VAS) Grupo Argos 2021

At Grupo Argos we seek to give our environment more than we take from it and we are aware that we have a great responsibility as agents of transformation of society.

Investments that transform

With our business activities, we transform into value the different types of capital used by our operations. These include financial, human, natural, social, intellectual, and operating capital.

To define the net value we deliver to our surroundings, we have made the decision to measure our positive and negative impact using a tool called the Value Added Statement (VAS).

 

Statement of value added to society (VAS) Grupo Argos 2021

*Retained profit = ebitda – income tax – financial expenses – dividends paid **Figures in millions of dollars, separate Financial Statements, Includes the NDU, Impacts of our own operation.

We deliver to society 3.8 times the retained value.

This provides us with a comprehensive picture of how we retain, add or reduce value, and provides us with useful information that allows us to:

  • Make more responsible and better informed decisions.
  • Manage risks with greater certainty.
  • Be transparent with our stakeholders.