Annual Report
2019

Environmental management

Management approach

Policy

The Corporate Environmental, Health and Safety (EHS) Policy, which defines the values of the organization and sets priorities in environmental matters, was approved by the Board of Directors in 2015, and applies to all personnel working for or on behalf of the organization.

To ensure the application of the principles contained in the policy, 15 EHS Management guidelines have been developed by the Viscofan Group, setting the common implementation bases for safety, occupational health and environment management systems.

Viscofan participates in the United Nations Global Compact from 2015 and shares the commitments of the Sustainable Development Goals (SDGs) concerning the environment

Viscofan participates in the United Nations Global Compact from 2015 and shares the commitments of the Sustainable Development Goals (SDGs) concerning the environment (climate change, conservation of marine resources, protection of ecosystems, sustainable water management).

In addition, the Group has a Sustainability Action Plan for the period 2019-2020 approved by the Board of Directors, which seeks to promote the development of a culture of best practices in social responsibility, also within the area of environment, with commitments in the reduction of waste and CO2 per meter produced.

Likewise, since January 2020 the Group has a Sustainability Committee whose task is to periodically monitor the progress of the Sustainability Action Plan and to drive its implementation throughout the organisation. 

Resources allocated

The growing commitment to sustainability is also revealed in its human and financial dimensions.

Management of environmental matters at Group level is the responsibility of the Corporate Environment, Health and Safety (EHS) Department, which reports to the Operations Department and is responsible for coordinating and supervising EHS matters at all the Group's production plants.

Being more sustainable and reducing our impact on the environment is a commitment for all of us. In addition to allocating financial resources, measures are also promoted to further the Group's values and commitments with regard to environmental management among employees, with training courses standing as an essential element of the management approach.


Environment projects accounted for an investment of €6.5 million in 2019

Environment projects accounted for an investment of €6.5 million in 2019, 10% of the Group's total investments. The following are noteworthy because of the impact they have on total investment: expansion of the wastewater treatment plant in Cáseda and Uruguay; and more efficient evaporation systems.

There is more information about the economic resources allocated to the protection of the environment in note 26 of the consolidated annual accounts.

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