July 25th, 2024 – (BMV: AGUA*) Miranda ESG reiterates its views on Rotoplas’s key ESG achievements, opportunities, and risks. The Company announced its second quarter 2024 earnings results yesterday. As usual, there are some interesting ESG developments from the quarter that are worth highlighting:
- Grupo Rotoplas received the Sustainable Management Company Distinction in Peru for the seventh consecutive year.
- In Mexico, the supply of electricity for its León Rotopinsa and León Rotomoldeo plants is now 100% renewable.
- The Company incorporated artificial intelligence solutions into functional areas, businesses, and internal processes by leveraging its strategic agreement with Google Cloud. Rotoplas also completed the first development phase of its online platform for environmental indicators.
- In conjunction with the United Nations Development Programme (UNDP), the 2024 edition of the “A Fluir” initiative was launched. It benefitted socially deprived and water stressed municipalities through donations of Rotoplas products.
- In response to droughts in Mexico, the “Rotogotas de Ayuda” campaign was implemented, allowing customers and communities to jointly donate Rotoplas water tanks to the most underprivileged states. They could participate by purchasing products, creating videos with water-saving tips using the hashtag #Rotogotas, and use a special filter on social networks.
Overall, Rotoplas maintained its 2025 Sustainability Strategy’s commitments during 2Q24. Miranda ESG will continue to monitor these developments over the coming quarters, and look forward to seeing their ESG initiatives during the second half of 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