Sustainability Report 2020 slide image

Sustainability Report 2020

Creating value Who we are? Accelerating actions to achieve the SDGs | People | Planet | Prosperity | Peace | Partnerships | Appendices Letter from our CEO and Message from the Chairman of the PetStar Board of Administration Creating value | Who we are? | Accelerating actions | People | Planet | Prosperity | Peace | Partnerships | Appendices to achieve the SDGs "The strategic vision and our conviction to be part of the solution and improve the social and environmental environment of recycling is what makes us different and even in difficult times allows us to evolve". Alejandro Molina, Chairman of the PetStar Board of Administration Dear stakeholders of PetStar, I am pleased to present our 2020 Sustainability Report entitled "Marking the Beginning of a Decade of Change", which reflects our commitment to the international agenda promoted by the United Nations; as well as the actions we have implemented to remain a benchmark company of excellence worldwide in PET recycling. Our PetStar Sustainable Business Model (PSBM) has been consolidated as a real and tangible circular economy solution alternative that demonstrates the generation of social, environmental, and economic value from recycled food grade resin, PetStar RebornⓇ, making Mexico a global benchmark. The health crisis due to COVID-19 has transformed the world in unimaginable ways, leaving an economic, social and environmental impact that will continue to have an effect in the coming years. We are convinced that to be resilient and build again in a better way, it is necessary to join forces, so we have joined the initiative promoted by the United Nations, "Decade of Action", focused on integrating the Sustainable Development Goals (SDGs) to the business models of companies and accelerate their compliance before the year 2030. We found, during this very challenging year, that by combining our efforts with our collaborators and in conjunction with their endeavors we were able to maintain our operation, adapting to the new normality to guarantee that our shareholders continue to offer sustainable packaging of PET. In this effort to have a better world, we also recognize the importance of thousands of people, women and men who obtain income from the recovery of recoverable waste, and who are a very important link in the recycling chain, for which we will continue working to promote inclusive recycling, social mobility, and the empowerment of this sector. Tappreciate the commitment of our shareholders, part of the Mexican Coca-Cola Industry, who, despite the economic uncertainty of the environment, maintain their commitment and conviction to promote recycling by incorporating our recycled food grade resin in PET containers, building the circular economy of the same, as well as meeting the goals of the global strategy #WorldWithoutWaste, which allows us to transfer the certainty of purchase of the material for the benefit of thousands of waste pickers and collectors in the country. Finally, we reaffirm our commitment to the international principles and standards to which we adhere to such as the Sustainable Development Goals and the Global Compact, the Earth Charter, the Principles for a Sustainable Ocean of the UN Global Compact itself and the Human Rights. Jaime Cámara, CEO of PetStar "Even in the midst of a crisis, with the right approach, this crisis can become an opportunity to move forward, create value and strengthen the sustainable vision of business models". Jaime Cámara, CEO of PetStar Sustainability Report PETSTAR 4 2020 GRI 102-14, 102-15, 102-29, 102-30, 102-31. Sustainability Report 2020 PETSTAR 5 E>
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