ESG

ENVIRONMENTAL / SOCIAL / GOVERNANCE

At Alpek, ESG is a part of all our decision-making processes. We are committed to solving the various sustainability challenges we face as a society. As part of our ESG efforts, Alpek continuously identifies the key initiatives to focus on through our Dynamic Materiality Analysis and is championing projects through our ESG Model detailed below. 

Our goal is to protect the interests of all our stakeholders while focusing on maximizing the long-term value of the company in a way that supports a sustainable global growth model.

 

Our approach to reporting

Responsible sustainability is our deeply held conviction that guides our business strategy, decision-making process, and day-to-day operations where we strive to fully integrate sustainable practices.

ESG RISK IDENTIFICATION & ANALYSIS
  •  Identify ESG Risks and Opportunities (R&O)
  • Implement a dynamic materiality analysis
  • Embed ESG R&O into our business risk management strategy
STRATEGY & EXECUTION
  • Identify the level of change needed to establish best-in-class standards
  • Build/Improve internal capabilities to react
  • Implement the right initiatives to address R&O
  • Identify partnerships that support improvement
TARGETS & METRICS
  • Define key performance indicators (KPIs) and set targets to measure success for each initiative
  • Measure the impact obtained
  • Establish proper incentives for targets to be achieved
COMMITMENT & OVERSIGHT
  • Place the right people in charge
  • Set mechanisms to ensure the achievement of targets
  • Communicate and report progress at the right organizational level
  • Review and improve

Sustainability reports

May 24, 2023

Best Practices Code 2022 (ESP)

PDF

Jul 3, 2024

Sustainability Report 2023

PDF

Mar 6, 2024

Annual Report 2023

PDF

Our ESG Model

Lead with empathy

We empower our people to create value for our company and communities.

Embrace change

We actively monitor our changing environment and develop new ways to tackle emerging challenges through our enablers.

Grow Responsibly

We increasingly rely on sustainable business practices across our entire value chain to create value for our shareholders.

Maximize Resource Efficiency

We strive to minimize any adverse effects from our products and processes.

Lead with empathy

We empower our people to create value for our company and communities.

  • Occupational Safety
  • Diversity, Equity & Inclusion (DEI)
  • Community Engagement
Embrace change

We actively monitor our changing environment and develop new ways to tackle emerging challenges through our enablers.

  • Innovation
  • Active ESG Risk Management
  • Sustainable Corporate Governance
Grow Responsibly

We increasingly rely on sustainable business practices across our entire value chain to create value for our shareholders.

  • Cybersecurity
  • Pollution
  • Rel. with Customers & Suppliers
Maximize Resource Efficiency

We strive to minimize any adverse effects from our products and processes.

  • Circularity
  • Carbon Emissions & Eco-Efficiency
  • Water Management

WE’RE COMMITTED TO CONSISTENT IMPROVEMENT

We’ve been working hard on properly understanding the evolving ESG landscape, making the necessary improvements and and properly reporting our progress to rating agencies. Here are just a few of the reports on which we’ve improved.

See all targets

Since 2021 Alpek has been committed to the UN Global Compact corporate responsibility initiative and its principles in the areas of human rights, labour, the environment and anti-corruption.

ESG Ratings
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CSA Ratings
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