PROGRESO | Council for Inclusive Capitalism

Progreso is a leading regional cement, construction materials and solutions group, with business units in the Construction, Agro, Energy, and Real Estate Development sectors and presence in 7 Latin American countries. Its flagship company is Cementos Progreso, a leader in the production and marketing of cement and construction materials with more than 120 years of experience. Other leading brands and companies include Mixto Listo (ready-mix concrete), Horcalsa (quicklime), Construfacil (retail) and ConstruRed (retail franchise). Values and Sustainability Progreso and its companies operate under strict legal compliance and shared ethical values, instituted by our founder, Carlos F. Novella, since it was established in 1899. Our sustainability strategy focuses on being a Preferred Employer, Favorite Supplier, an Environmental Leader, and a Responsible Corporate Citizen. With the corporate purpose of «Building together the country where we want to live», we seek to generate economic, social, and environmental value in each of the countries where we operate. Achievements and Recognitions

Ethisphere® Institute has declared Progreso as one of the 150 World’s Most Ethical Companies, annually since 2014.
Recently certified ISO 37,001 for its anti-bribery management systems.
Great Place to Work® has recognized Progreso´s companies, annually since 2011 as one of the top employers in Latin America.
The British Safety Council certified the company for its excellence in occupational safety and health issues management.
5 concrete plants certified "Bronze" by the Concrete Sustainability Council

With the transcendent purpose of “Building together the country where we all want to live”, we aspire to get the regional leadership of the cement industry.

We aspire to be regional leaders in the cement, construction materials and lime industry, with a strong position in the market, accompanied by an attractive and sustained profitability, which allows us to generate and distribute value to all our stakeholders.

The four pillars that support this strategy and consider the triple value account (economic, social and environmental dimensions) of sustainable development, are:

Favorite Provider: It refers to our relationships with stakeholders such as shareholders, business partners, customers and suppliers.

Preferred Employer: Frame the actions and relationships with our employees.

Environmental Leader: It describes how we manage our impacts on ecosystems and their effects on people, institutions, organizations and communities.

Responsible Citizen: It refers to our commitments and actions to protect our social license and our policy of building trust and alliances that generate prosperity in the communities where we operate.

Jose Raul Gonzalez Merlo

CEO, PROGRESO

Find out more

We believe it is vital to state clearly to the world the set of our beliefs about Inclusive Capitalism. As such, we start with our Statement of Guiding Principles for Inclusive Capitalism. Knowing that words alone are not enough, each of us is making a series of commitments about how we will operate our institutions so that they help achieve Inclusive Capitalism. These commitments are forward-looking statements based on current goals, expectations and assumptions, which are not guarantees of future performance. For more information, please refer to our Terms of Use

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Summary

Cementos Progreso will keep the clinker to cement ratio below the IPCC's global reference by using at least 25% of low carbon substitute materials by 2025.

Activities & Initiatives

By the use of low carbon supplementary cementitious materials, Cementos Progreso has gradually reduced the clinker to cement ratio, which started at 84.9%. We will continue investing in research and development of existing and new materials in order to mantain or increase their use and our substitution practices.

Measures & Targets

Cementos Progreso will measure progress by tracking the clinker to cement ratio in the final product with a goal of not exceeding 75%.

Sign up your company

Recognizing it will take alignment of all our organizations to scale impact globally, we invite you to join the movement as a Steward of Inclusive Capitalism. Together, the collective action of Council members will contribute to a fairer, more inclusive and sustainable future for all people and our planet.