
For the sixth consecutive year, Terpel has been recognized as one of the world’s most sustainable companies
26 May, 2023
- Terpel was included in the Sustainability Yearbook 2022, the world's most important publication in the area of sustainability. The company was recognized for its sustainable management, placing it among the 15 most sustainable companies on the planet in the retail sector.
- Only 16 Colombian companies made it into the Sustainability Yearbook, and Terpel is the country’s only representative in the retail sector.
For the sixth consecutive year, Terpel has been included in the Dow Jones Sustainability Yearbook, the world’s best-recognized and most complete publication on corporate sustainability.
The company's best practices in the dimensions analyzed by the report – economic, environmental, and social – were key to being included once again on this list. This time, the company was ranked number 15 among the 116 evaluated in the retail sector, standing out as one of the companies worldwide with the best practices in sustainability.
In this most recent measurement, Terpel improved its score in all categories, putting in evidence its high standards and continuous improvement processes. The company also stood out by exceeding the average score of other companies in the industry by 34 points.
“We are proud to be a member of this select group recognized for their excellent environmental, economic, and social practices and their capacity to create value for their stakeholders. Obtaining these results – in the midst of the difficult situation the world is experiencing – stimulates us to continue to manage our business with ethics and transparency and based on the principle of being a Country Partner. That principle moves us to align ourselves with the most urgent needs in our surroundings and leads us to honor our commitment to taking care of the environment and contributing to the development of the regions where we operate," commented Oscar Bravo, President of Organización Terpel.
Terpel's continuous work to be the best choice for its consumers, the best neighbor to the communities where it operates, the best place to work, and the safest investment placed it above the average for the industry and gave it outstanding results in every one of the three dimensions scored. The company raised its score for environmental management, social management, corporate governance, customer engagement, and labor practices, among other areas.
“We congratulate Organización Terpel for achieving a place in The Sustainability Yearbook 2022. With over 7,000 companies assessed, an inclusion in the yearbook is a true statement of corporate sustainability excellence," commented Manjit Jus, Global Head of ESG Research at S&P Global.
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