Loma Negra Compañía Industrial Argentina Sociedad Anónima
Climate Impact & Sustainability Data (2022, 2023)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Direct greenhouse gas emissions intensity improved 2.3% year on year to 503 kilograms of CO2 per ton of cement.
- Electrical and Thermal Intensity improved 3% year on year.
Social Achievements
- Incorporated women as Mixer trucks operators.
- 40% of new employees were women, increasing women's participation in the payroll by 50% compared to December 2021.
Governance Achievements
- 100% of employees received training on the Company’s Integrity Program.
- Held the first edition of Compliance Week.
- Held the Program “Impulsar LOMA”, inviting 43 companies to an awareness day on ESG matters.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Achieve 470kg of CO2 per ton by 2030
Short-term Goals:
- Not disclosed
Environmental Challenges
- High inflation scenario
- Turbulence in energy inputs
Mitigation Strategies
- Investing in greater capacity and efficiency
- Maintaining a strong balance sheet with low indebtedness ratios
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2023
Environmental Metrics
Scope 3 Emissions:1,023,988,426 kg CO2e
Water Consumption:1,142,333.2 m3 (2023)
Waste Generated:3,198.1 tons (2023)
ESG Focus Areas
- Environmental Sustainability
- Social Responsibility
- Governance
Environmental Achievements
- 15.5% reduction in total water extraction
- 10% reduction in waste generated
- Reduction in absolute direct and indirect emissions due to improvements in operational drivers
Social Achievements
- 1,200+ students from local schools visited Loma Negra plants
- 81,893 people directly benefited from community programs
- Implementation of the “Women in Concrete” program
Governance Achievements
- 100% of Loma Negra and Recycomb employees received Integrity Program training
- Established mandatory principles and procedures to prevent conflicts of interest
- Annual customer satisfaction survey exceeding 2022 record
Climate Goals & Targets
Long-term Goals:
- Achieve carbon neutrality in concrete by 2050
Medium-term Goals:
- Maximize the use of energy from renewable sources by 2030
- Do not exceed 465kg of CO2 per ton of cementitious materials by 2030
- Promote the circular economy through thermal substitution and the use of alternative materials by 2030
Environmental Challenges
- High energy consumption in cement production
- CO2 emissions from cement manufacturing
- Water stress in some operating regions
Mitigation Strategies
- Implementation of energy efficiency measures
- Use of alternative fuels and renewable energies
- Water risk assessments and management plans
Supply Chain Management
Supplier Audits: 102 suppliers evaluated with social criteria, 93 with environmental criteria
Responsible Procurement
- Risk assessments and due diligence
- Sharing of Code of Business Conduct and Anti-Corruption standards
- Prior certification of products and materials for critical supplies
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI Standards (2021), SASB Standards (Construction Materials)
Certifications: RAMCC certification for CO2 emissions inventory and footprint (scopes 1 and 2)
Third-party Assurance: BDO Argentina (limited assurance on selected indicators)
UN Sustainable Development Goals
- SDG 9
- SDG 12
- SDG 13
The report mentions alignment with several SDGs, particularly through the 2030 Loma Commitments and various initiatives.
Sustainable Products & Innovation
- CPN50 cement
- Improved Plasticor formula
- SOLUXA® line of concrete
Awards & Recognition
- Premio Conciencia in the “Inclusion and employment” category
- Recognition for aligning business strategy with UN Sustainable Development Goals