Cosentino Group Submits its Most Transparent and Committed CSR Report
News, Top Life
June 14, 2019
Cosentino Group, the global Spanish company and market leader in the production and distribution of innovative surfaces for architecture and design, has just published its Corporate Social Responsibility Report for 2018, thereby complying with its commitment to transparency in relation to economic, social, environmental and ethical sustainability. Unlike previous years, this document includes the Non-Financial Information Statement (NFIS), which has considerably improved the level of transparency in the reports Cosentino has been publishing since 2015. This heightened level of transparency serves to further illustrate Cosentino’s achievements and commitments.
This edition of the Cosentino CSR Report includes a greater number of GRI (Global Reporting Initiative) indicators, which has improved the report in terms of standardizing the use of GRI’s sustainability criteria as the institution works in partnership with the OECD (Organization for Economic Co-operation and Development).
Another important new aspect in relation to the new work methodology is the materiality or relevance study, for which numerous focus groups have been conducted for the first time. This has enabled Cosentino to directly research important issues both for the company, its stakeholders, and its consumers, thereby enabling Cosentino to work and make commitments in line with those directly affected.
Finally, the Report provides an accurate portrayal of how Cosentino continued to work through 2018 towards achieving the commitments undertaken in relation to the United Nations Sustainable Development Goals (SDG). The Almeria-based company has publicly worked to specifically contribute to 5 of the 17 Sustainable Development Goals, particularly those most closely associated with the company’s activity:
Quality employment, safety and innovation, growth drivers
Cosentino maintains its commitment to human capital and talent, dedication to constant innovation, and investment in health and safety. This past 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 and 19.04% more than in 2016. In addition, Cosentino has progressed further in the fields of equality and diversity, with 75 different nationalities represented in the workforce. The number of women in managerial positions rose to 18.07% in 2018 (3.32% more than in 2017), furthering the company’s commitment to gender equality. Furthermore, 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 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 on all its work sites, a 12% drop compared with 2017. Cosentino has invested nearly $5.3 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, Cosentino 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 over $28.5 million, 11% more than in 2017.