Evaluating Environmental, Social and Governance Practices in the Cement Industry

Constança Gonçalves de Brito

Key information

Authors:

Constança Gonçalves de Brito (Constança Gonçalves de Brito)

Supervisors:

Paulo Manuel Cadete Ferrão (Paulo Manuel Cadete Ferrão)

Published in

July 9, 2024

Abstract

The current document is guided by the study of the application, and subsequent impacts of the Environmental, Social and Governance (ESG) practices in the cement industry. Thus, through the analysis of reports from industry leaders in Portugal, Secil and Cimpor, as well as other international companies, the lack of standardisation in report preparation is addressed, highlighting best practices and deficiencies therein. The methodology includes the development of an ESG scoring system, and exploring the produced reports in order to assess consistency and enable comparison of the reported data. The results show a significant variation in reporting standards, emphasising the importance of creating a more robust regulatory system that enhances the coherence and effectiveness of communicating sustainable practices.