Please note, your browser is out of date.
For a good browsing experience we recommend using the latest version of Chrome, Firefox, Safari, Opera or Internet Explorer.

Management Approaches

In addition to the formal policies and management systems that embody the integration of sustainability in Corticeira Amorim, conducting the business according to a sustainable management model also includes management approaches in the fields of:

  • Society;
  • Ecosystem Services and Climate Change;
  • Resource Optimization in the processing of cork (Circular Economy).

 Society

Aware of its role in the communities in which it operates, Corticeira Amorimsponsors several causes in a wide range of areas, such as social action and support to children, the disabled and the elderly, education, the environment and cultural activities, amongst others.

Corticeira Amorim does not take a defined position on public policies nor does it take part in lobbies, except in respect of the protection of the cork oak, the preservation of cork oak forests, the promotion of the cork sector, the certification of forest management systems, and the remuneration of environmental services in the cork oak forest, seeking directly or through the associations/organisations in which it participates, to help define public policies that safeguard these and other matters of sustainable development.

As a result of its presence in different communities, Corticeira Amorim is a member of a number of national and international associations representing the most varied types of stakeholders, namely commercial and business associations, research centres and other civic bodies.

Ecosystem Services and Combatting Climate Change

The cork oak forest is of extreme economic importance not only for the production of cork, but also for the social and environmental value of the numerous services provided, in particular carbon sequestration and consequently helping the fight against climate change.

The contribution of the company to the maintenance, preservation and valorisation of the cork oak forest is based on the following guidelines:

  • Increasing knowledge about the environmental impact of cork products and the ecosystem they make viable;
  • Promoting cork solutions and the development of the cork oak forest as guarantors of the ecosystem;
  • Encouraging internal and external awareness initiatives;
  • Proactive discussion of policies and proposals for measures to protect the cork oak and conserve cork oak forests, as well as promoting the cork sector, the certification of forest management systems and remuneration of the environmental benefits delivered by cork oak forests. In this context, the following goals are sought:
  • Encourage FSC® certification, making forest producers aware of the benefits of these principles and criteria for responsible forest management;
  • Raise awareness among forest owners of the need to conserve cork oak forests and adopt best practices that improve the fundamental benefits that ecosystems provide to the whole population, whether in terms of carbon sequestration, soil formation, regulation of the water cycle, protecting biodiversity or encouraging best forest management practices;
  • Join platforms, when appropriate, to encourage responsible consumption of forest products and curb the degradation of forests around the world.

Optimisation of resources in the processing of cork 

The optimisation of the use and consumption of cork throughout the production cycle is one of the sustainability practices adopted by Corticeira Amorim. Cork waste produced during the cork stopper production process or from corks that are not of a suitable standard for this application is incorporated into other high added value applications. Cork which is not usable in products of any kind is used as a source of energy - biomass - which is considered to be neutral in terms of CO2 emissions.

This means that there is no by-product or waste - nothing is lost, everything is used. Today, as ever, Corticeira Amorim makes a constant effort to optimise the added value of all raw material of cork, namely by means of R&D.

The same philosophy of valorization of the raw material of cork motivated the company to develop an unprecedented initiative of cork recycling programme, which began in Portugal and already has strong adhesion in countries across the five continents.

Ambition established by the United Nations' Sustainable Development Goals

Corticeira Amorim has aligned its sustainability strategy in accordance with the 17 Sustainable Development Goals (SDG), cross-checking them with its own material fields of action.

Corticeira Amorim’s sustainability strategy aligns with 12 of the 17 SDGs.

 

 

Charter of Principles of the Business Council for Sustainable Development (BCSD)

Corticeira Amorim subscribed in November 2017 to the Charter of Principles of the BCSD Portugal. The Charter sets out the fundamental principles of sustainability that subscribing companies voluntarily adopt, seeking to absorb them into their value chain and sphere of influence. The Charter also encourages subscribers to go beyond compliance with legal norms by adopting recognised ethical, social, environmental and quality standards, as well as practices and management values that would be recognised as upholding the BCSD’s principles in any context of the global economy.
Like all subscribers to the Charter, Corticeira Amorim:

  • recognises the importance of sharing information about sustainability with its stakeholders, giving answers and clarifying any doubts or concerns in the area of sustainability, thus contributing towards stressing the importance and relevance of adopting sustainable practices;
  • considers the Charter as an initiative that is applicable throughout the value chain and will seek to open a dialogue with its direct and relevant suppliers in order to encourage them to sign up to the Charter;
  • commits itself to the ambitions set out in the United Nations Sustainable Development Goals.

 The Charter may be consulted at:

https://www.bcsdportugal.org/en/wp-content/uploads/2019/02/Carta_Principios_BCSDPortugal_ENG.pdf

 

Charter of Principles of the Porto Protocol


The Porto Protocol is organised by Adrian Bridge, president of The Fladgate Partnership group, which began with over 80 companies to share and discuss solutions to tackle climate change and minimise its impact. For the global launch of the initiative, the Climate Change Leadership Porto Summit 2018 was held in Porto, attended by countless personalities, including Barack Obama, former President of the USA, Mohan Munasinghe, 2007 Nobel Peace Prize winner and Irina Bokova, Director-General of UNESCO. The summit focused on the issue of climate change and solutions to mitigate this problem. The Porto Protocol and its Charter of Principles were also presented during the summit. This movement aims to create synergies between companies committed to combatting climate change in the awareness that, by their example, they can influence other entities to support this cause. The members of the Porto Protocol undertake to pursue their activity on the basis of good environmental principles, and execute projects that improve the sustainability of their respective organisations. The Porto Protocol also foresees the development of partnerships among members, the possibility of disseminating ideas and providing access to new learning tools, reports and expertise produced by official entities.


For further information: https://climatechange-porto.com/porto-protocol/.