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The common stock of Grupo Argos surpassed COP 17,000, recovering the price levels prior to 2020
4 July 2024The common stock of Grupo Argos surpassed COP 17,000, recovering the price levels prior to 2020
Read moreIn line with its sustainability strategy and with the goal of maximizing positive impacts on the environment and society, the companies of Grupo Empresarial Argos develop voluntary environmental compensation projects and initiatives based on nature-based solutions. To date, these efforts have enabled the mandatory recovery of more than 8,400 hectares and the voluntary intervention of over 20,000 hectares in Colombia, with the support of Grupo Argos Foundation.
“In Grupo Empresarial Argos, we understand sustainability as a value lever that enables our strategy and allows us to maximize positive impacts on the environment and society. This is why we carry out projects and initiatives aimed at giving back more than we take from the environment, aligning ourselves with the goals of the Kunming-Montreal Global Biodiversity Framework.”
Ana María Uribe
Sustainability Manager of Grupo Argos
In the case of Cementos Argos, the company has implemented rigorous strategies to meet its environmental obligations, especially regarding forest compensations derived from quarry exploitation. By the end of 2023, 100% of these quarries had a closure plan. Additionally, the company has achieved the rehabilitation of over 1,200 hectares, representing 69% of its operations. The goal is to reach 90% by 2030.
Celsia, on the other hand, has restored over 7,200 hectares through environmental initiatives such as planting more than 15 million native trees in strategic forests in Antioquia, Atlántico, Risaralda, and Valle del Cauca. This effort has significantly contributed to ecosystem restoration and the conservation of endangered forest species. Additionally, the company has transferred over 92 hectares to the environmental authority of Tolima, Cortolima.
Finally, Odinsa, through its La Pintada concession, has compensated for 500 hectares of tropical dry forest, contributing to the restoration of one of the most threatened ecosystems in the country. This effort will help rehabilitate habitats for both fauna and flora species and mitigate the effects of climate variability in areas near the compensated zones.
The common stock of Grupo Argos surpassed COP 17,000, recovering the price levels prior to 2020
Read moreWith the protection of three important watersheds in Antioquia and Tolima, Grupo Argos Foundation reaffirms its commitment to water conservation in Colombia
Read moreIn the last six years, Grupo Argos Foundation has invested over COP 25,800 million in social projects in Medellín and Antioquia
Read moreThe Mayor's Office of Barranquilla, the Urban Development Business of Grupo Argos, and Tecnoglass agreed to complete an important road circuit consisting of Carrera 75A, Calle 98, and Vía 40 in the northern part of the city
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