SUSTAINABLE CONSTRUCTION

AND MATERIALS
103-1

VALUE CHAIN BOUNDARIES Suppliers Argos Clients Society

103-1

OUR MANAGEMENT APPROACH

Added value to the company Added value to society

Sustainable construction constitutes a business opportunity. To Products with increased sustainable
satisfy the growing market demand for sustainable products, we will performance in our portfolio will allow us
increase the relevance of products with sustainable characteristics to build a more sustainable infrastructure
in our portfolio and guide our clients to sustainable building and urbanization. The value to society for
materials, including ours, for their projects. 2016 derived from avoided CO2 emissions
due to use of alternative raw materials was
We strategically manage our raw materials needs to reduce reliance estimated to be USD 20.5 million in our
on non-renewable raw materials and focus on optimizing our supply Value Added Statement - VAS.
chain and mining operations. See page 28 for further details.

Initiatives,
103-2
Panama administrative office, Caribbean and Central America Region
commitments, and policies
Cement Sustainability
Initiative

Sustainability Policy

72
Low Carbon Technology
Partnership Initiative
INTEGRATED REPORT 2016

U.S. Green
Building Council

Panama Green
Building Council

National Ready Mixed

Concrete Association - EPD

Environmental Policy

American Institute
of Architects
103-2 Governance
CSI ALTERNATIVE
RAW
Sustainability and Corporate Governance Committee MATERIALS RATE
Cement
2016 10.5%
Sustainability VP Regional VP Innovation VP 2015 10.3%
2014 9.2%

Environmental
R&D Director and Click here for more sustainable
Environmental Regional Directors
Managers/Alternative construction and materials KPIs:
Corp Director and Managers/plant
Resources Director and http://reporteintegrado.argos.
and Managers Managers and
Managers co/pdf/Sustainable
Sales Team
ConstructionAndMaterials.pdf

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2016 PERFORMANCE

··The sustainable construction strategy

and goals were set.
Upcoming challenges

··Argos Center for Innovation received the

LEED© GOLD certification in the category
BD+C (Building Design and Construction)
by the USGBC becoming one of five
certified laboratories in Latin America.
··In 2016 we reached an alternative
materials substitution rate (according
to our Environmental Policy) of 6.5%
and 2.3% in our cement and concrete
operations, respectively. There was
a slight decrease in this number due
to challenges related to supply of
alternative materials.
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·· To highlight sustainable
characteristics of our products,
services, and solutions in
our current portfolio and
challenge new developments
to contribute to the following
world needs: climate action,
wellbeing, resource efficiency,
sustainable cities.
·· To train key personnel to guide
our clients in the selection
of our sustainable building
materials for their projects.
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··
To communicate the
sustainable advantages of
our cement and concrete
products.
··
To promote sustainability as a
key lever for product innovation
using life cycle assessment.
··
To support training processes
for clients and other
stakeholders to actively
increase the relevance of
sustainable construction in the
regions where we operate.
73

03 Protecting our Planet

2016 GOAL
TRACKING
We defined our strategy and
specific goals for sustainable con-
struction to be achieved by 2025.
2017 GOALS
··We will screen our current
portfolio according to the
2025:
··
We will achieve 7%
sustainable characteristics of alternative material
defined for the three regions. use in the cement business.
··We will communicate the
sustainable characteristics of
··
We will achieve 3% of
alternative material use in the
our products to our clients. concrete business.

We continued to generate a pos-

··We will train the technical
advisors for the sales team
··
We will obtain USD 400 MM in
revenues from our portfolio
itive impact on society, and on of our company on how we with sustainable features.
our customers, by strengthening contribute to sustainability
our portfolio. projects with our products.