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Policies and Management Systems

The strategic alignment of Corticeira Amorim is strengthened by the use of a balanced scorecard methodology. The Board of Directors is responsible for approving the strategic objectives and initiatives. The Group’s companies, in order to ensure effective management of environmental and social components, and meet strategic objectives, have implemented policies and management systems that are best suited to the non-financial risks associated to their activities.

The policies adopted by Corticeira Amorim reflect a set of voluntary commitments in the area of ethics and economic, environmental and social responsibility. They embody, as a whole, the set of voluntary responsibilities assumed by the various companies under the scope of a management model that sets out responsible competitiveness.

Ethical and Legal Responsibility

Acting in an ethical and responsible manner, complying with legal requirements, regulations and objectives applying to the activities of subsidiaries;

Responsibility to External Stakeholders

Promoting the satisfaction and loyalty of customers by developing differentiating and competitive products and services;
Guaranteeing value creation for shareholders over the medium and long-term through responsible competitiveness;
Maintaining a relationship of trust with stakeholders, namely suppliers, customers and society in general;

Product Responsibility

Corticeira Amorim has implemented rigorous control systems that enable it to meet the extremely demanding requirements of industries such as food, automotive, electric and electronic, aeronautics, aerospace, construction, among others.

Within this scope, the company's guarantee Quality, based on the continuous improvement of processes, products and services made available, and the search for innovative solutions supported by technological development, in order to respond to customer needs with competitive and differentiating solutions.

Corporate Responsibility

One of Corticeira Amorim's core values is human resource motivation and creating the conditions for the organisation's success alongside its employees. Human resource management, geared towards the achievement of Corticeira Amorim's strategic objectives, pursues a Policy which fosters:

  • Training and qualification of human resources;
  • A motivating, healthy and safe working environment, with the adoption of occupational health and safety management systems;
  • Freedom of association;
  • Diversity and equal opportunities

The ongoing investments made in the area of Occupational Health, Hygiene and Safety, Employee training, the review of safety plans, monitoring their effectiveness or suitability regarding potential new risks, are the main lines of action in this field.

Environmental Responsibility

Corticeira Amorim, besides benefiting from this gift of Nature - cork -, has ensured its business activity is characterised by the adoption and strengthening of sustainable development across the entire value chain:

 

As in any other industrial activity, the transformation processes have associated environmental impacts. In order to minimize this impact, and consistent with its principles and practices of sustainable management, Corticeira Amorim established its environmental commitment statement in 2013, common to all the BU and subsidiaries, pursuant to the terms presented below.

  • Ensure compliance with legal requirements and other requirements to which the organisation subscribes, applicable to the environmental aspects of its activities, products and services;
  • Monitor significant environmental aspects, contributing to the prevention of pollution;
  • Act proactively identifying, evaluating and putting into practise the suitable preventive measures to minimise the specific environmental impact of each activity, using, whenever feasible, the best available technology and practices.

Environmental carbon footprint of Amorim.

Suppliers Chain Responsibility

Give preference, wherever possible, to suppliers that provide raw material according to good sustainability, social and environmental practices, in relation to the origin and also operating procedures.
Concerning non-cork raw materials, the company has defined a methodology for supplier qualification and assessment, which include social and environmental responsibility indices. Thus, a supplier will be classified to supply Corticeira Amorim depending on the quality of the supply, the delivery times and the social responsibility and environmental responsibility indices.
In terms of environmental responsibility, companies which intend to supply Corticeira Amorim must demonstrate their commitment to:

  • Reduce waste and effluents;
  • Handle chemicals in an environmentally safe way;
  • Handle, store and forward hazardous waste in an environmentally safe way;
  • Contribute to recycling and the reuse of materials and products.