Valorem’s Corporate Sustainability Model aims to guide the actions of Valorem and its companies to create long-term value, for the benefit of both its stakeholders and the environment.
The model incorporates prioritized material issues derived from sustainability trends and best practices that were evaluated by portfolio companies and other key stakeholders.
Purpose: to create value by using sustainability criteria to detect and address possible Environmental, Social, and Corporate Governance (ESG) risks throughout the value chain. Also, to identify opportunities for expanding the range of products and services based on the understanding of stakeholder’s input, as well as environmental trends.
Purpose: to establish the policies, processes, and procedures for the proper functioning of the governance and executive bodies, in order to facilitate the fulfillment of organizational goals and the creation of value, based on transparency and business ethics.
Purpose: to offer a value proposition that fosters both personal and professional development, while also being competitive enough to attract and retain top talent, to overcome the obstacles of long-term growth and value creation.
Purpose: to promote initiatives that yield the greatest results for social investments and foster partnerships that contribute to the country’s development and growth.
The model also incorporates a strategic relationship plan that focuses on building strong, trustworthy relationships with key stakeholders, which are crucial for achieving sustainable growth.
The material issues have been integrated into the four main topics of the corporate sustainability model and are being implemented across Valorem’s portfolio companies.
Each company has developed a strategy to incorporate sustainability management into their value chain, depending on their maturity level, expertise, and industry-specific necessities. Furthermore the companies have created targeted actions to meet the expectations of their stakeholders and to generate value.
The model also includes initiatives aimed at meeting the specific targets of the four prioritized Sustainable Development Goals (SDGs), which are being jointly pursued by all portfolio companies.
Ensure women’s full and effective participation and equal opportunities for leadership at all levels of decision-making in political, economic and public life
By 2030, achieve full and productive employment and decent work for all women and men, including for young people and persons with disabilities, and equal pay for work of equal value
By 2030, achieve the sustainable management and efficient use of natural resources
Substantially reduce corruption and bribery in all their forms
Valorem has created the Corporate Sustainability Committee to effectively implement sustainability management. The committee comprises Valorem’s Executive Committee and sustainability leaders from each company in the group. Its purpose is to define guidelines, promote transversal actions, identify synergies, share successful case studies, and expand knowledge related to sustainable practices.
Peer groups responsible for the material issue carry out the deployment of actions across the group companies. This peer work facilitates sharing experiences, incorporating learning, applying better practices, and developing joint initiatives.
”Valorem prepares an annual corporate sustainability report
to communicate its commitments and progress in the corporate sustainability model to stakeholders.
