Environmental
Guidelines
One of ALFA’s ongoing goals is to minimize the environmental impact of its operations through:
- Compliance with environmental regulations in the countries where we operate.
- Promote the continuous improvement of our operations’ environmentally friendly practices and procedures.
- Make investments to prevent, reduce, or eliminate negative impacts on nature.
- Strengthen environmental related matters in our daily activity.
- Respond in a timely and responsible manner to address incidents that may represent a risk to the environment.
- Contribute to improve the environmental performance of the value chain.
- Promote an environmentally conscious culture among employees and the community.
Main lines of actions
We are committed to seeking initiatives for energy eco-efficiency and reduction of carbon emissions in our operations that contribute to limiting global warming.
We promote the efficient use of this vital resource in our companies, especially in the current conditions of scarcity and shortage at a global level.
Biodiversity
Investments
Each of ALFA company makes its environmental commitments public as defined in its ESG policies and annual sustainability reports, as well as commitments from international initiatives such as The Climate Registry, CDP, Science Based Targets Initiative, Global Compact, and the United Nations Sustainable Development Goals.
ENVIRONMENTAL INVESTMENTS (US $ MILLON) | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|
Emissions reduction | 10.9 | 15.4 | 9.1 | 14.9 |
Energy consumption reduction | 1.1 | 3.4 | – | – |
Implementation of renewable energies | 1.0 | 6.9 | – | – |
Water management | 0.6 | 3.7 | – | – |
Recycling | 3.1 | 25.8 | – | – |
Waste reduction and disposal | 8.5 | 8.7 | 10.5 | 15.3 |
Prevention and remediation costs | 24.6 | 2.4 | 2.8 | 15.4 |
Environmental management | 7.3 | 4.9 | 0.5 | 9.8 |
Development of sustainable products | 0.1 | 0.2 | – | – |
Others | 0.6 | 0.2 | 1.9 | 0.2 |
Total | 59.6 | 71.7 | 24.8 | 55.5 |
Does not include 2019 Sigma investments.
All figures were adjusted for the spin-off of Nemak in 2020 (Discontinued Operations).
Risks management
Te invitamos a conocer mas acerca de nuestra empresa a través de estos artículos, reportajes y testimonios