60 | 2011 Annual Report - Camargo Corrêa S.A.
At Camargo Corrêa Group, sustainability concepts are embedded in planning and management practices to secure business perennity and benefits for all stakeholders. This aspiration is reflected on the Charter for Sustainability: The Challenge of Innovation, which in 2006 defined how important it was for the Group to commit to aspects beyond sound financial performance.
The process of annual and multiannual planning is based on an internally developed tool, the Sustainability Radar, which includes the review of over 40 critical issues on sustainability, in items adapted to each company’s industry and reality. This exercise aims to support planning and budget elaboration to make sure sustainability themes will be duly contemplated. Sustainability indicators directly affect the variable compensation of all executives from all business fronts.
An important governance tool is the Forum of Sustainability Keepers, made up of directors from each business who meet regularly and are responsible for supporting the implementation of corporate strategies by suggesting alternatives for leadership engagement, monitoring the progress of sustainability, and conducting benchmarking activities.
Climate Agenda |GRI EC2|
The Climate Agenda is a set of nine commitments undertaken in 2009, establishing the insertion of the carbon variable into strategic planning and management of each company; measurement and establishment of goals to reduce air emissions; rational use of resources and adoption of sustainable input; investment in reforesting; search for partnerships aimed at innovation; conscious consumption and influence over customers and suppliers to adopt sustainable practices.
An example of these commitments is that InterCement added its emission inventory to the public database of the Brazilian GHG Protocol Program by Fundação Getúlio Vargas. In addition, it has one of the lowest carbon emission levels per ton of cement produced compared to companies in the Cement Sustainability Initiative (CSI) in the industry, an initiative by the World Business Council for Sustainable Development (WBCSD). The company’s suppliers are also assessed for sustainability.
Construtora Camargo Corrêa monitors the emissions from each work, and established goals to reduce emissions – 21% by 2016,