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Management of Corporate Sustainability

The sustainability management system is based on Corticeira Amorim's mission and core values, and envisages the following activities:

  • Consultation of stakeholders in order to continually assess the strategic priorities and performance in terms of sustainability;
  • Definition of the sustainability strategy, based on the economic, social and environmental objectives, challenges and priorities;
  • Implementation of actions and initiatives necessary for compliance with the defined aims and regular performance monitoring;
  • Implementation of an organisational structure which allows for the effective alignment of the company's policies and practices in this matter.

Stakeholder Consultation

Corticeira Amorim has undertaken a stakeholder consultation and engagement process, since 2009, which enables it to identify the main sustainability issues to be considered as future priorities for the organisation, as well as the design of a stakeholder engagement strategy. The strategic areas of sustainability, as well as the actions taken to implement them are the response by Corticeira Amorim to the expectations and concerns of the stakeholders identified in this consultation process.

Definition of the sustainability strategy

The strategic alignment of the whole organisation in relation to sustainability is enhanced by the use of the balanced scorecard method as a whole and individually in the Business Units, whose strategy charts also include sustainable development objectives. The Board of Directors is responsible for approving the strategic objectives and initiatives cutting across the organisation and those specific to each BU.

The identification of strategic priorities and also the initiatives to achieve them derive from the analysis of the company’s governing bodies,taking into account the concerns expressed by the stakeholders consulted.

Implementation of actions and initiatives

In order to coordinate in a single programme all of Corticeira Amorim’s activities relating to sustainable development and to mobilise the entire group in support of this civic initiative, Corticeira Amorim has implemented the "Natural Choice" sustainability programme.

Natural Choice Programme

It is the sustainability programme of Corticeira Amorim which aims to raise the awareness of employees and the community to adopting more environmentally friendly behaviour, engaging them in the challenge of sustainability.

Organisational Structure

The Executive Board is responsible for approving the strategic areas as well as deciding on the initiatives to be implemented under the commitment to Sustainable Development. The director responsible for sustainability must constantly monitor the area, in articulation with the sustainability coordinator, who is responsible for coordinating the forums as well as the activities undertaken in each of the Business Units (BUs).

Each BU has dedicated teams responsible for the implementation of sustainable development practices, considering different areas of intervention and different levels of responsibility. They are responsible for:

  • Guaranteeing the BU's alignment with strategic guidelines on sustainability;
  • Identifying and proposing new themes for this area;
  • Conducting internal and external benchmarking to leverage organisational performance;
  • Identifying and proposing support initiatives to achieve the defined objectives and targets;
  • Implementing the initiatives;
  • Monitoring results.