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Consentino report demonstrates commitment to sustainability

Cosentino, global leader in the production and distribution of sustainable surfaces for architecture and design, publishes its Sustainability Report for the 2023 fiscal year that reinforces its commitment to its stakeholders by transparently reporting on the evolution of its strategic objectives based on Environmental, Social and Governance (ESG) principles.

The report is based on the Non-Financial Information Statement (NFS) reporting model, using the Global Reporting Initiative (GRI) standards. The data shown, verified externally by KPMG, showcases Cosentino's progress in three areas: carbon footprint reduction, circular economy and low-impact product design.

Decarbonisation and circular economy
Sustainability management continues to be one of the areas with the greatest investment in Cosentino. In 2023, the company invested nearly €30 million (29.4M) in environmental, health and safety assets, and €13.5 million in environmental control and improvement. This commitment translates into a further reduction of its carbon footprint by 1.3% as compared to 2022, and by 10.3% compared to 2018, the base year for measurement. Currently, 78% of its carbon footprint in 2023 was due to indirect emissions from its value chain (Scope 3).

Cosentino's industrial solar energy installation project for self-consumption was completed in 2023, which included installing 28,000 panels on the roofs of the factories and centers of the Cosentino Industrial Park in Cantoria. With this, Cosentino now obtains 20% of its current annual electricity consumption from this renewable and clean source. Additionally, this commitment is being extended to Cosentino 'Centres' with the progressively installation of solar panels for self-consumption.

The company is also researching and studying ways to implement a clean energy mix in its production and logistics model. Simultaneously, in 2023 Cosentino activated its own Urban Wastewater Regeneration Station (ERAR), giving wastewater from the neighbouring towns a second life. All of these milestones add to Cosentino's sustainable achievements in the past such as the use of 99 percent recycled water, zero dumping (with a daily recirculation of 80,000m3) practices and the use of 100% renewable electricity.

The company also continued to make progress in the recovery and reuse of its waste. In 2023, Cosentino increased its recovery ratio of all solid waste generated in production processes to 16.5%.

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