FYM –subsidiary in Spain of the Italcementi Group, the fifth largest producer of cement in the world– has published its 2009 Sustainability Report, following Global Reporting Initiative (GRI) methodology. By second consecutive year, this Sustainable Development Report has received an A Qualification Level, which is the maximum awarded by this distinguished reporting standard.
FYM's 2009 Sustainability Report brings together the main projects and milestones that has executed the company in environmental and social commitment, in order to develop sustainable business growth -the objectives of which are part of its business strategy- and promote information transparency within all its interest groups (stakeholders, employees, strategic members, providers and subcontractors, customers, local communities, public administration, opinion shapers and associations, NGOs and environmental groups).
The company, seeking a business model with a balance between economic growth, respect for the environment and commitment to society, has decided to solely publish a digital version of the report, which can be accessed via USB memory or on our website (www.fym.es), in order to decrease our environmental impact. Producing paper documentation has been reduced to include only the executive summary and Italcementi Group's presentation of its corporate sustainability policy.
In a difficult year for the construction sector, FYM has continued to consolidate its commitment to society, working to develop products and projects that respect areas, communities, employees, collaborators and the environment. This is how the company's investment programme reached 12.26 million euros in 2009, allocating 3.3 million euros to environmental projects.
Over the last 3 years, 46 million euros were invested In Andalusia. 47.7% was allocated to improving environmental return in production centres.