Sustainability is an integral part of our business model, operations and corporate culture. Our sustainability principles guide and shape our activities, initiatives, and business decisions. ElvalHalcor has adopted an integrated sustainability strategy that addresses major risks and opportunities related to environment, society, and corporate governance.
By formulating appropriate policies and performance indicators, this sustainability strategy provides a solid foundation for the effective identification, monitoring, and management of material sustainability risks and opportunities.
Our commitment to sustainability rests on three core pillars: environmental responsibility, social equity, and robust governance. Click below to discover how each pillar shapes our vision for a better future.
Our sustainability strategy is founded on the core pillars of environmental and social responsibility and robust governance. The strategy is seamlessly integrated into its business model, ensuring alignment with core operations. Performance is continuously monitored and evaluated using a robust set of qualitative and quantitative indicators and specific targets across key strategic pillars, outlined below.
This comprehensive strategy defines short, medium and long-term actions to address risks and opportunities related to sustainability. By embedding these priorities into the business model, ElvalHalcor effectively aligns its operations with its commitment to sustainable growth.
Progressive transition to the use of RES (Renewable Energy Sources) for electricity needs, based on the technical and financial possibilities that arise.
Short and long-term goals for reducing carbon footprint.
Implementing a 5-year plan for continuous improvement of safety and health of our people in all industrial activities.
Responsible supply chain management and supplier assessment, based on sustainability criteria. Strategic partnership with the EcoVadis ratings platform.
The double materiality assessment offers a robust framework for evaluating ElvalHalcor’s sustainability priorities. It examines both the societal and environmental impacts of the company’s operations, as well as in the value chain, alongside the financial risks and opportunities linked to sustainability matters. The comprehensive approach followed by the company, ensures a balanced perspective, addressing the dual lens of impacts on the environment and the society, related to the company's operations, and risks and opportunities that could affect the company's financial performance and position.
The results of the double materiality assessment, which guide our sustainability strategy, are summarized in the table below.
The table below illustrates how ElvalHalcor’s key material topics align with the United Nations Sustainable Development Goals, underscoring our commitment to driving meaningful impact through every facet of our operations. Each connection represents a step forward in creating a more sustainable and inclusive future.
| Material Sustainability Matter | Impact Materiality | Financial Materiality | Relevant Sustainable Development Goals (SDGs) |
|---|---|---|---|
| Climate change and energy | ✓ | ✓ |    |
| Water management (own operations) | ✓ |  |
|
| Circular economy (own operations) | ✓ | |
|
| Health and Safety (Own operations) | ✓ |   |
|
| Health and Safety (value chain) | ✓ | |
|
| Employee training and development | ✓ | |
|
| Human rights (value chain) | ✓ | |
|
| Responsible sourcing | ✓ | |
SDGs: The 17 Global Sustainable Development Goals adopted in September 2015 by the 193 UN Member States (2030 Agenda) on achieving a sustainable future for all: https://sdgs.un.org/goals.
Discover how ElvalHalcor integrates environmental responsibility into every facet of its operations, dedicated to innovative practices that safeguard natural resources, combat climate change, and build a sustainable future.
