Transparency and commitment to the long term
The Integrated Report is annually presented in order to demonstrate not only our financial outcomes and social-environmental initiatives, but also our challenges, lessons learned and strategy for growth. It provides us with important information to understand how we are doing and gives us basis for the next steps – always considering our values and commitment to long-term actions.
The seriousness and transparency during the elaboration of this material is essential for us. For this reason, our process is driven by the guidelines of the newest version of the GRI (Global Reporting Initiative) and the IIRC (International Integrated Reporting Council), allowing the comparability among other companies’ performance. We are also in agreement with the CSI (Cement Sustainability Initiative), held by the WBCSD group (World Business Council for Sustainable Development), which aims to promote sustainability in the cement industry.
To consolidate the financial results, we have complied with the criteria of IFRS (International Financial Reporting Standards) and we are also in conform with the norms established by the Global Compact, an initiative of the United Nations, which seeks to encourage companies to adopt best practices for Corporate Responsibility and Sustainability.