Environmental, Social & Governance (ESG) is becoming a business strategy of vital importance and many industries are taking a deeper look at what drives Long-Term Value (LTV). So for clarity, let’s define ESG, “Environmental, Social, and Corporate Governance data refer to metrics related to intangible assets within the enterprise, a form of corporate social credit score. Research shows that intangible assets comprise an increasing percentage of future enterprise value.” ~ Wikipedia
According to Investopedia, ESG criteria is generally… “… a set of standards for a company’s operations that socially conscious investors use to screen potential investments. Environmental criteria consider how a company performs as a steward of nature. Social criteria examine how it manages relationships with employees, suppliers, customers, and the communities where it operates. Governance deals with a company’s leadership, executive pay, audits, internal controls, and shareholder rights.”
So, What About The Concrete Industry?
One of the largest industries worldwide, the concrete industry’s top companies have been very proactive in their approaches to ESGs. This was reported on March 18, 2021, by Global Cement:
“Titan Cement group has accelerated its efforts towards sustainability with new environmental, social and governance (ESG) targets. The targets include an updated CO2 emissions reduction target of 35% by 2030 compared to 1990 levels, zero workplace fatalities and a cement industry top-three lost time injury frequency rate, increased female leadership participation and 70% supplier sustainability in line with the producer’s own ESG standards by 2025. It also set a water consumption target of 280L/t of cementitious material produced and 50% certified Zero Waste to landfill production by 2025.” ~ Written by Global Cement Staff
Holcim (recently rebranded from LafargeHolcim) is another giant in the industry and in September 2020, they were rated in the top spot by Sustainalytics, a global leader in environmental, social and governance risks (ESG) and Corporate Governance research and ratings. These are the tangible LTVs that enterprises are looking for in their road-mapping of the future.
AtlantisFiber™ ESG Values
Respect. Professionalism. Perseverance. These are the core values that define AtlantisFiber’s culture and guide us in our daily work and in the way we do business.
We are driven to provide an environmentally sustainable solution that will measurably improve and add resiliency to every concrete application for which our fiber is utilized. As importantly, we provide this solution in a very cost-effective manner making AtlantisFiber truly one of a kind in the marketplace.
