The dynamics of our 6 Sustainable Management Priorities pursues economic, social and environmental balance, while maximizing value for all our stakeholders.
Sustainability is the central focus of our strategy, which allows us to pursue the environmental, social and financial matters of our business in a balanced way.
We are sure that this vision will grant us a competitive advantage in achieving our long-term objectives.
Sustainability is the central focus of our strategy, which allows us to pursue the environmental, social and financial matters of our business in a balanced way. We are sure that this vision will grant us a competitive advantage in achieving our long-term objectives.
I would like to begin by highlighting the efforts we have made in the environmental field. In 2018 we achieved a water consumption reduction (per produced ton) of 6% compared to 2015, our base year. Similarly, we reduced our carbon footprint (Co2 tonnes emitted) by 19%, allowing us to stay in line with our set target for 2030 to reduce greenhouse gas emissions by 13%, in line with the targets set by the Paris Agreement. In addition, we joined the “Mi Litoral Pacífico” project, donating the first re-cycling station to the Pacific Coast, made of 100% recycled plastic.
This year, we engaged in important partnerships that have allowed us to expand the scope of programs aimed at generating a better quality of life for our employees, their families and the community. Among them, I highlight the inauguration of the “Escuela Agroalimentaria” (Agro-food School) in the town of La Paila, Zarzal, as a result of the cooperation between Colombina, the National Union of workers of Colombina Sintracolombina and SENA- Buga branch- to promote the technical education of the children of our employees and young people in the surrounding areas.
Likewise, we signed an agreement with the International Labor Organization (ILO), to apply the methodology of evaluating job posts without gender bias, becoming the first private company in Latin America chosen to initiate this process due to its good labor relations.
On the other hand, we have always focused on a better understanding of our consumers, that’s why our products launched in the last two years represented a 7.7% of total sales in 2018.
In financial terms, we closed this year with a growth of 4.8% in sales and 5.4% in EBITDA, results that demonstrate the solidity of our operations in the middle of a year with some difficulties, in which we tested our capacity for innovation and confirmed the commitment of the entire team in order to fulfill our purpose of creating delicious flavors to enjoy life.
Finally, I want to close with two news stories that fill us with pride. The first is that we were worthy of the “Export Effort” Acknowledgement at the “Portafolio Awards”, reaffirming our contribution to the country’s competitiveness, and our interest in conquering new markets. And the second one recognizes all our efforts in sustainability, since, for the sixth consecutive year, we were included in the “RobecoSAM’s Sustainability Yearbook” as the seventh food company with the best sustainability practices in the world. Being part of this index reflects how much it means for us to manage our business responsibly, and the special attention we place on ensuring transparency and ethical practices along our value chain.
2018 was a year of great achievements and challenges, which we were able to accomplish thanks to our team, which shares the same principles and works articulated to continue being a sustainable company that generates value to all its stakeholders.
Promote venues and communication channels geared toward aligning our employees with its organizational objectives, generate development and welfare strategies, and get their take on our organizational climate to nurture an enduring on-the-job climate of: equal opportunity, trust-based relationships and personal and professional growth.
Post solid reliable data on Colombina's performance as the main input for decision-making for profitable growth and Good Corporate Governance practices.
Synch with the dynamics of our surrounding community to foster empowerment and self-management.
Strengthen our supply chain and bolster our Relationships of Trust.
Generate the win-win benefit that comes from timely response to costumers coupled with strategy building geared toward satisfactorily serving the end-consumer.
Generate close ties and delve into consumer tastes, needs and habits to offer top-notch experiences from our products.
For the sixth consecutive year, Colombina was included in RobecoSAM Sustainability Yearbook 2019
According to the firm RobecoSAM, for the sixth consecutive year, Colombina stands out as one of the best food companies with the best sustainable practices in the world, ranking seventh among the 91 most sustainable companies worldwide in the food industry.
“We congratulate Colombina S.A., for achieving a place in the Yearbook of Sustainability 2019, a sample of the companies with the best performance in the world among its colleagues in the industry and in terms of material metrics regarding financially important environmental, social and governance issues. Launched this year under the SAM brand and now with greater public access to the percentile ratings of all companies, the yearbook remains a highly credible source on corporate sustainability perspectives.“
Daniel Wild, PHD, Co-CEO RobecoSAM
Recognition to Colombina for obtaining the job Equity stamp - Level II Equipares Silver Seal
This distinction was delivered by the President of the Republic of Colombia, highlighting the Company’s commitment to gender equity and establishing corporate policies to break the gender gap.
Portafolio Newspaper Awards
Colombina received the export Effort Award at the 2018 Portafolio Awards, highlighting the company’s approach to strengthening its presence in different strategic markets.
Merco’s labor monitor ranked Colombina among the 5 best-known food companies in the country.