Cosentino Looks to the Future with New Sustainability Report
The industry leader shares its achievements in innovation and R&D, circular economy and social action, among others, throughout its renewed report, following Environmental, Social and Governance (ESG) criteria
Cosentino Group, the Spanish global leader in the production and distribution of innovative and sustainable surfaces for the world of architecture and design, has announced the release of its 2021 Sustainability Report. This document represents a significant and profound advancement concerning its previous Corporate Social Responsibility (CSR) reports, adopting a comprehensive approach to sustainability based on ESG (Environmental, Social and Governance) criteria.
Within this new framework, the company continues to fulfill its commitment to transparency and responsibility in economic, social, environmental and ethical sustainability among employees and key stakeholders. Additionally, in compliance with the international standard of the Global Reporting Initiative (GRI), the document reports the company’s performance in its contribution to the Sustainable Development Goals (SDGs) of the 2030 Agenda.
In its commitment to the planet, its people and great design, Cosentino reports its strategic levers, milestones and achievements in the social, environmental and good governance fields. These pillars are underpinned by a well-established business model with financial strength based on innovation and R&D, efficient production, circular economy, training, social action and, above all, the strength and high professionalism of the company’s team.
SUSTAINABILITY AND ENVIRONMENTAL MANAGEMENT
In 2021 alone, Cosentino invested almost $30 million in environmental assets and environmental improvement costs. Cosentino demonstrates its commitment to the circular economy and the reduction of its carbon footprint through a series of industry-leading milestones such as the use of 99% reused water, Zero Water Discharge (daily treatment and recirculation of 800,000 m3 of water), the use of 100% renewable electric energy or the development of sustainable products such as Dekton, a Carbon Neutral product for its entire life cycle, and the HybriQ+® technology for Silestone products.
Other milestones include last year’s production of more than 3 million square meters of slabs from recycled or recovered materials (almost one-third of the company’s total production). This was made possible thanks to Cosentino’s own Waste Treatment Plant, which enabled the company to manage 400,000 tons of solid waste in 2021, of which 13% was recovered, thus increasing the use of recycled raw materials by 26%.
However, the company doesn’t stop there. Last year, Cosentino implemented a new industrial energy model based on renewable energy sources and self-consumption, which also covers the management of water resources. In the coming weeks, Cosentino will set up the largest ground-mounted self-consumption photovoltaic plant in Spain. The plant will have a peak power of 20 MW and an energy production capacity of approximately 34 GWh/year, which will be complemented by installing solar panels on the roofs of the factories. Looking ahead to 2023, Cosentino aims to activate and operate its own Wastewater Reclamation Plant, which will put the wastewater discharged by its neighboring communities to a new use.
In addition to innovation and sustainability, its commitment to people is Cosentino’s core value; as for the company, its human capital is its most important asset. In 2021 Cosentino created nearly 700 new jobs, ending the year with a workforce of 5,425 employees – representing 76 different nationalities, with 91% of employees in permanent contracts.
CONTRIBUTION TO SOCIETY
Cosentino’s commitment to prosperity and growth also extends to the communities where the brand has a presence, with an emphasis on the regions of Almanzora and Almería. In addition, Cosentino makes a pioneering contribution to education and training by promoting Dual Vocational Training programs conducted at its facilities and through activities carried out by its Eduarda Justo Foundation. The company also supports the fields of architecture, design, sport and gastronomy through a series of partnerships and sponsorships, and promotes art and culture through the Ibáñez Cosentino Art Foundation. Last but not least, the company directly donated to various organizations and associations totaling nearly $1 million, 20% more than in 2020.
RESPONSIBLE AND TRANSPARENT MANAGEMENT
Cosentino’s roadmap is based on ESG criteria. It moves forward on the basis of integration and transparent communication with its employees and its entire value chain of suppliers, customers and collaborators. A responsible governance body that encourages the development of talent through recruitment and management programs such as Acelera, Ingenia or Impulsa, that increasingly invests in health and safety and that promotes equality and diversity, with 22% of women in management positions and 50% on its board of directors in 2021.
Once again this year, this performance has proactively contributed to the achievement of some major SDGs, both primary and secondary, such as SDG 3 (Good health and well-being), SDG 8 (Decent Work and Economic Growth), SDG 9 (Industry, Innovation and Infrastructure), SDG 12 (Responsible Consumption and Production), SDG 13 (Climate Action) or SDG 17 (Partnerships for the Goals), among others.
About Cosentino Group
Cosentino Group is a global, family-owned company that produces and distributes high value innovative surfaces for architecture and design. As a leading company, Cosentino imagines and anticipates together with its customers and partners design solutions that offer value and inspiration to people’s lives. This goal is made possible by pioneering brands that are leaders in their respective segments such as Silestone®, Dekton® and Sensa by Cosentino®. Technologically advanced surfaces, which allow the creation of unique designs for the home and public spaces. The group bases its development on international expansion, an innovative research and development program, respect for the environment and sustainability, and its ongoing corporate commitment to society and the local communities where it operates, education, equality and health & safety. Cosentino Group currently distributes its products and brands in more than 110 countries, from its headquarters in Almeria, Spain. Currently Cosentino is present in 40 countries, with its own assets in 30 of them. The group has eight factories – seven in Almería, Spain and one in Brazil, one intelligent logistic platform in Spain, and more than 140 commercial and business units throughout the world. More than 90% of Cosentino Group’s financial turnover comes from international markets.