ESG risk management
Grupo Catalana Occidente has a specific Management division (Risk Control Management) that is responsible for identifying, quantifying, managing and mitigating the principles risks to which the Group and its companies are exposed, including environmental, social and corporate governance risks (ESG).
The ESG risks are identified in the Group's risk map and, from it, their probability of occurrence and the potential negative effects that could arise if they occurred are analysed and mitigation mechanisms are put in place to prevent and manage them properly if they were triggered.
ESG factors in the selection and management of suppliers and collaborators
The Group includes, among its supplier selection criteria, their socially responsible practice in the economic, social and environmental fields. With this, all suppliers collaborating with Grupo Catalana Occidente are required to conduct their activities and service to Group companies responsibly during the provision of their services.
With regard to collaborators, before receiving any assignment, they must adhere to the Group's Code of Ethics, which includes, the principle of sustainability, making this a prerequisite for the incorporation of new collaborators by Group companies.
Likewise, the network of professionals involved in accidents and assessments advances the implementation of more sustainable repair processes, based on environmental and social criteria.
Sustainable growth satisfies the needs of the present without compromising the ability of future generations to meet theirs, guaranteeing the balance between economic growth, social well-being and the environment. Changes in consumption patterns, new energy sources and digital transformation are essential to promote sustainable growth.
For this reason, Grupo Catalana Occidente continues to work on the development of innovative and sustainable solutions, sensitive to changes in consumption patterns, and that promote the implementation of new technologies and energy sources, thus contributing to sustainable growth.