Cosentino Presents Transparent and Committed 2018 CSR Report
July 29, 2019
Cosentino CSR Report 2018
The Cosentino Group has published its Corporate Social Responsibility Report 2018. The report demonstrates the company’s ongoing commitment to transparency in relation to economic, social, environmental and ethical sustainability.
2018 New Additions
Unlike previous years, in addition to illustrating Cosentino´s achievements and commitments, the document includes the Non-Financial Information Statement (NFIS). This considerably increases the level of transparency in the Cosentino CSR reports, which the company has been publishing since 2015.
This edition has reports a greater number of Global Reporting Initiative (GRI) indicators. This ensures the standardisation of the sustainability criteria set by the GRI, an entity that works in partnership with the Organisation for Economic Co-operation and Development (OECD).
Another important new aspect in relation to the Cosentino CSR report’s methodology is the materiality or relevance study. To collect the data for this, numerous focus groups have been conducted for the first time.
The 2018 CSR report provides an accurate portrayal of how Cosentino continued to work towards achieving the commitments undertaken in relation to the United Nations Sustainable Development Goals (SDGs). Cosentino has publicly undertaken to specifically contribute to 5 of the 17 SDGs, with a focus on those most closely linked with its activity.
Quality Employment, Safety & Innovation, Growth Drivers
Cosentino maintains its increasing commitment to human capital and talent, constant innovation and investment in health and safety.
As detailed in the Cosentino CSR 2018 report, once again this year, the multinational company has invested in job growth, reaching a figure of 4,314 employees in 2018, 10.15% more than the previous year.
In addition, further progress has been achieved in the fields of equality and diversity, with up to 75 different nationalities represented in the workforce. The number of women in managerial positions rose to 18.07% in 2018, furthering the company´s commitment to gender equality. 91.16% of the workforce held a permanent contract in the financial year 2018.
Cosentino is committed to the health and wellbeing of its employees and all the workers along the value chain, with a particular focus on the creation of safe working environments.
In 2018, the company once again managed to reduce the accident rate at all its work sites, a 12% drop compared with 2017.
The multinational company has invested over €4.7 million in safety systems for its facilities in the United States, in addition to other investments, mainly in measures implemented at its production and processing plants in Almeria, Brazil and the USA.
Finally, the Almeria-based company has once again established itself as a benchmark and leader in its sector within the scope of innovation and R+D. Last year, the entity continued to market new products and groundbreaking solutions such as Dekton® Slim, a revolutionary 4 mm-thick surface.
Cosentino´s total investment in this field in 2018 amounted to €25.3 million, 11% more than in 2017.
Sustainability and Circular Economy
As part of its commitment to the environment, Cosentino strives to continue along the path to excellence and to guarantee the highest standards of quality. With this objective in mind, it makes significant investments in assets related to the environment and projects to deploy the best available technology.
One of the highlights of the Cosentino CSR 2018 report is the implementation in Spain of investments in environmental assets worth €5 million, in addition to expenditure on environmental controls and improvements to the value of €8.1 million.
One of the areas in which the company is looking to invest strongly is its waste management. In 2018, Cosentino increased the amount of recycled and recovered raw materials by 68% when compared to the previous year. Another major milestone was the launch of the company´s own waste treatment and recovery facility, which has enabled Cosentino to integrate a new, more efficient management system geared to the future recovery of all non-hazardous waste generated in the production process.