Sustainability Report 2020
Creating value Who we are?
Accelerating actions
to achieve the SDGs
| People | Planet | Prosperity | Peace | Partnerships | Appendices
Sustainability System
Our Sustainability Management System is a comprehensive circular system of permanent
continuous improvement that allows us to implement strategies aligned to the most relevant issues
for our stakeholders, manage the risks for the company and the potential dangers that our operations
may imply for people, translating it into actions that become part of our operating processes
considering the International Sustainability Agenda.
The system is read from an international framework, taking care to understand in depth and identify
how PetStar can incorporate the precepts of that international agenda, which help to configure the
PSBM processes while maintaining the integrity of the business.
The social, environmental, and economic value generated by our PSBM is reflected in the different
awards that we have obtained, that are part of our philosophy of excellence, which in addition to
complying with quality standards, endeavors to break into processes that push us to innovate and
improves and continues to achieve beyond recycling. #MoreThan Recycling
We also take care of generating alliances to enhance social value by working with foundations
dedicated to the comprehensive care of girls, boys, and adolescents, providing different services of
education, food, medical care; but above all, the development of life skills, empowering girls, and
boys to be changemakers.
Regarding our environmental value, we have clear objectives with strategies that allow us to go
forwards towards the fulfillment of the SDGs; and thus, be able to be part of the solution for some
of the challenges that we are facing worldwide such as climate change, the water crisis, the Earth
Overshoot Day overdraft, plastic pollution, etc.
Within the economic value, we ensure that our operations work under a profitability scheme,
making the price of PetStar's recycled resin competitive compared to virgin resin.
Through this Sustainability Report, aligned with the Global Reporting Initiative (GRI) methodology
and complying with the COP advanced criteria standard, we present our annual results to our
stakeholders, in constant dialogue and with our hand firmly on the pulse of the stakeholders
themselves.
We participate in dialogue with key contributors and our
stakeholders, through forums, congresses, webinars, surveys,
materiality studies, different platforms and events; allowing us
to be part of a global business community through the Global
Compact and other organizations and initiatives so that we can
once again understand the international agenda and its trends,
the calls to action for companies, allowing us to nurture our
PSBM by rethinking and redesigning strategies to improve
and strengthen to increase the positive impact of the social,
environmental and economic value that the model achieves.
CERTIFIED
cradle to cradle
Our recycled PET resin is the first in the
world to be certified as Cradle to Cradle".
an institute focused on certifying 100%
circular products that also meet five
categories related to material health,
material reutilization, renewable energy,
water stewardship and social fairness.
ciel
1600
Ciel
Fabium
100%
PETSTAR
EBOCAN
Environmental Goals
To achieve the strategic objective of being a worldwide reference in
the production of recycled food grade PET resin, of higher quality,
lower carbon footprint and lower water footprint at a competitive
price against virgin resin.
At PetStar we develop projects focused on the reduction and
mitigation of greenhouse gases, as well as projects aimed at
optimizing the consumption and treatment of water to promote
its reuse and improve the water footprint.
Derived from the health crisis caused by COVID-19, 2020 was a
very challenging year in terms of investment in new projects.
In PetStar, projects focused on the health of collaborators and
Collector Partners were prioritized, the above, together with the
impact of projects by external market factors, led us to rethink the
commitments and the dates of compliance with the environmental
objectives that were in 2020.
During 2021, new projects will be re-evaluated to achieve medium-
term goals. The progress of each of them is explained below.
48
Sustainability
Report
2020
PETSTAR
WE SUPPORT
GRI
103-1, 103-2,
LORAL COM
103-3, 303-1.
7,8,9.
Earth
Charter.
II.
57%
Creating value ❘ Who we are? | Accelerating actions | People | Planet | Prosperity | Peace | Partnerships | Appendices
to achieve the SDGs
41%
Neutralize
Water Footprint
100%
Environmental
Goals
CO₂
Neutralize
Carbon
Footprint
64%
75%
Paperless
Zero Waste
Zero Plastic
Leakage
Sustainability
Report
2020
PETSTAR 49
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