Grupo Argos and Cementos Argos stand out among the most sustainable companies in the world according to the Dow Jones Sustainability Index

• This is the twelfth consecutive measurement in which the companies of the Argos Business Group are included in the Dow Jones Sustainability Indices, due to their outstanding performance in the S&P sustainability assessment. This result represents a sign of trust for investors and other stakeholders in the management of environmental, social, and corporate governance issues of the organization.
• In this edition, Grupo Argos consolidated its position in third place among companies worldwide in its sector with the best sustainability practices, highlighting outstanding management of variables such as transparency and reporting, tax strategy, human rights, and engagement with stakeholders.
• On the other hand, Cementos Argos, thanks to the rigorous execution of its sustainability strategy, stood out as the second-best company in the global construction materials industry due to its outstanding performance in occupational health and safety, climate strategy and water, cybersecurity, and information security.

The information published on Friday, December 8, by S&P Global reaffirmed the leadership that the companies of the Argos Business Group have maintained over the last 12 years in the Dow Jones Sustainability Index. On this occasion, Cementos Argos ranked second among global companies in its sector with the best sustainability practices, while Grupo Argos consolidated its position in third place. These results allowed Cementos Argos to be included in the MILA Index and Grupo Argos to be included again in the Dow Jones Global, Emerging Markets, and MILA Sustainability Indices.

“This is the result of a business vision that Grupo Argos has consistently followed for 90 years of history and that recognizes the power of maintaining a balance between economic success, social benefit, and environmental care in each of its investments and operations. To date, thanks to our efforts and in line with our sustainability strategy, we have achieved a 36% reduction in our specific CO2 emissions over the past four years.”

Jorge Mario Velásquez President of Grupo Argos

Cementos Argos achieved a score of 87 out of 100, standing out in second place for its performance in areas such as occupational health and safety, climate strategy and water, cybersecurity, and information security. Meanwhile, with a score of 82 out of 100, Grupo Argos achieved outstanding results in management areas such as transparency and reporting, tax strategy, human rights, and engagement with stakeholders.

About the Dow Jones Sustainability Index

The Dow Jones Sustainability Index (DJSI) is determined by the market capitalization of companies and weighs the performance of selected companies using environmental, social, governance, and economic (ESG) criteria, based on the results of the S&P corporate sustainability assessment and the corresponding industry classification.

In turn, this Index can be global, regional, or by country, and for each of these universes, composition criteria are defined according to the results in the ratings of the Corporate Sustainability Assessment. This family of indices has become a benchmark for markets and investors globally. In this edition, more than 13,000 companies were invited to participate, of which only 3,500 were selected as members of the DJSI World.

The Corporate Sustainability Assessment evaluates companies from 61 industries and 27 countries based on sustainability criteria, awarding a distinction to those that perform outstanding and comprehensive management of their businesses.

The recognition in the results of the Corporate Sustainability Assessment of the companies of Grupo Empresarial Argos and the consequent inclusion in the Dow Jones Sustainability Indices represents significant benefits such as strengthening the confidence of their stakeholders, as well as establishing themselves as an important tool for reporting, measuring, and updating trends, given the rigor of the process and the opportunity for connection with investors.

These results allow investors to evaluate the quality of management and the potential for future performance of the companies, as well as to identify investment opportunities that generate sustainable value in the long term.