Rotoplas: 1Q24 ESG developments; a strong start to the year

April 24th, 2024 – (BMV: AGUA*) Miranda ESG reiterates its views on Rotoplas’s key ESG achievements, opportunities, and risks. The Company announced its first quarter 2024 earnings results yesterday. As usual, there are some interesting ESG developments from the quarter that are worth highlighting:

  • Grupo Rotoplas conducted a thorough assessment of its various business lines’ risks and opportunities associated with climate change and water security.
  • For the 14th consecutive year, Grupo Rotoplas was recognized as a “Socially Responsible Company” (with the ESR designation).
  • Throughout the month of March, activities were carried out in all countries in commemoration of International Women’s Day. This included a broadcast on Rotoplas TV, webinars, as well as publishing internal and external communication materials.
  • During the quarter, Rotoplas accumulated water savings that were equivalent to 8.6 million 20-liter water jugs.

As the Company has continued to make progress over the past years in implementing its ESG strategy and deploying ESG indicators, Miranda ESG believes it is on the right track to reach its ESG goals according to their 2021-2025 timeline.

Overall, Rotoplas maintained its sustainability commitments during 1Q24. Miranda ESG will continue to monitor these developments over the coming quarters, and look forward to seeing their ESG initiatives ramp up during the year.

 

Link to the report: Download Report

 

Miranda Newswire – Full Press Release: Download PDF

 

ESG Contact Details

Marimar Torreblanca, CFA

Phone: +52 55 5282 2992

Email: marimar.torreblanca@miranda-partners.com

www.miranda-esg.com

 
About Miranda ESG
At Miranda ESG, we help our clients navigate the new challenges and complexities ESG integration brings by applying the latest global best practices within a Mexican context.

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