Cbc was recognized as the best sustainability bond issuer of the year, “ESG Bond Deal of the Year”, at the prestigious Bonds & Loans Latin America and Caribbean 2022 awards, an event organized by GFC Media Group that aims to recognize excellence and outstanding achievements in the region’s credit markets.
Cbc has a sustainability model that integrates the dimensions: environmental, social and governance as the engine of its strategy and value creation. In this way, it seeks to transform the world by being part of the solutions to the great challenges facing the region and contributing to the prosperity of Latin America. The launch of its first SLB in January of this year is an example of the company’s conviction in its purpose.
The issuance aroused great interest from investors, demonstrating confidence in the company’s financial performance and its long-term sustainability agenda.
Throughout its history, Cbc has shown the conviction that companies must take advantage of their skills, abilities and resources in collaborative initiatives with the aim of expanding the limits of knowledge, innovation and technology to improve the well-being of people. and the planet.
Its sustainability model is aligned with the great objectives that humanity has set for itself through the United Nations system and other global initiatives to protect biodiversity and to create better conditions for the integral and inclusive development of people.
In 2013, Cbc adhered to the United Nations Global Compact, to the UN Women’s Principles for the Economic Empowerment of Women in 2018, to the initiative that promotes objectives for the reduction of the carbon footprint based on science, Science Based Target Initiative -SBTI- in 2021 and the Stakeholder Catipalism Metrics, promoted by the World Economic Forum in 2022
Cbc is aware that today’s world is facing unprecedented environmental challenges such as climate change, for this reason, for this issue, it established targets to reduce its carbon footprint in line with the Business Ambition of limiting the increase in global temperature to 1.5°C. It is also ensuring its transition to a circular economy model through the certification of its production plants in the Carbon Trust Zero Waste to Landfill standard.