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News • News • Sustainability
Grupo Argos and Cementos Argos Once Again Among the World's Most Sustainable Companies According to the Dow Jones Sustainability Index
23 December 2024- Cementos Argos achieved a score of 89 points in the 2024 S&P Global Corporate Sustainability Assessment, positioning itself as the world’s most sustainable company in the construction materials sector, earning a 100th percentile ranking.
- Grupo Argos scored 85 out of 100 in the same assessment, with a 99th percentile ranking in its global environmental, social, and corporate governance management.
- For 12 consecutive years, companies from the Argos Business Group have been recognized for their outstanding sustainability performance, aligned with their business vision focused on creating comprehensive value for their stakeholders.
This Monday, December 23, S&P Global announced updates to the composition of the Dow Jones Sustainability Indices, where Grupo Argos and Cementos Argos secured their positions for the 13th consecutive year. Cementos Argos achieved a remarkable score of 89 out of 100, earning first place in the construction materials industry, while Grupo Argos scored 85 points, placing second in the same sector. Both companies stood out for their exceptional performance in social, environmental, and corporate governance practices.
These achievements led to Cementos Argos being included in the MILA Index and Grupo Argos being reaffirmed in the Dow Jones Sustainability World Index and Emerging Markets Index.
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“In our 90 years of history, we have demonstrated that creating value can go hand in hand with collective well-being and environmental stewardship. Therefore, more than just a medal, this result reflects an institutional commitment to doing things right, implementing the best Environmental, Social, and Governance practices in every industry where we operate.”
Jorge Mario Velásquez
President, Grupo Argos
Details of the Ratings
- Grupo Argos achieved top scores in managing key areas such as fiscal responsibility, transparency, climate strategy, biodiversity, and human rights.
- Cementos Argos earned the highest scores in water and energy resource management, occupational health and safety, risk management, cybersecurity, and information security.
Over a Decade of Leadership in Sustainability
For the companies of the Argos Business Group, sustainability is a value driver that enables their corporate strategy while mitigating risks associated with their operations and providing significant benefits, such as strengthening stakeholder trust. Additionally, the S&P Corporate Sustainability Assessment has become a vital tool for reporting, measuring, and staying updated on trends, thanks to its rigorous process, demand for continuous improvement, and ability to connect with investors.
This commitment to creating comprehensive value has been the foundation for Grupo Argos and Cementos Argos to be consistently included in the Dow Jones Sustainability Indices for 12 consecutive years.
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