Cementos Argos SA 2023 IR
The report highlights Cementos Argos' record-breaking financial and operational performance in 2023, achieving a historic consolidated EBITDA of COP 2.7 trillion and expanding its EBITDA margin to 21.1%. A major milestone was the agreement to combine its US operations with Summit Materials, valued at USD 3.2 billion, which immediately unlocked value and positioned the company as a leading building materials platform. In sustainability, the company validated its Scope 1 and 2 reduction targets with the Science Based Targets initiative (SBTi) and achieved its lowest-ever workplace injury frequency rate of 0.44. Additionally, the company advanced its circular economy efforts by co-processing over 2 million tons of waste and launching its Statement for Nature.
Company: Cementos Argos SA
Sector: Materials
Country: Colombia
Year: 2023
Type: IR
Pages: 370
Cementos Argos SA
Integrated Report
The report highlights Cementos Argos' record-breaking financial and operational performance in 2023, achieving a historic consolidated EBITDA of COP 2.7 trillion and expanding its EBITDA margin to 21.1%. A major milestone was the agreement to combine its US operations with Summit Materials, valued at USD 3.2 billion, which immediately unlocked value and positioned the company as a leading building materials platform. In sustainability, the company validated its Scope 1 and 2 reduction targets with the Science Based Targets initiative (SBTi) and achieved its lowest-ever workplace injury frequency rate of 0.44. Additionally, the company advanced its circular economy efforts by co-processing over 2 million tons of waste and launching its Statement for Nature.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women in Management
Workplace Fatalities
Net Zero Target
Employees