ACHIEVEMENTS AND ADVANCES
SUSTAINABLE VALUE MANAGEMENT
Our business management model places sustainability at its center. As a result, the Company connects, through concrete and long-term initiatives, economic development with social value generation and care for the environment.
ACHIEVEMENTS AND ADVANCES
ARAUCO IS CARBON NEUTRAL
In 2020, ARAUCO certified its carbon neutrality, becoming the first forestry company in the world to achieve this goal. This means that the greenhouse gases captured by the company exceed its global emissions. This important milestone is a significant contribution and a concrete step towards addressing climate change.
ARAUCO SOLD TWO SUSTAINABLE BONDS
The subsidiary sold 10-year and 30-year 144th bonds in the international market, for a total amount of US$ 1 billion, divided into US$ 500 million in each series. Being sustainable bonds, ARAUCO commits itself that an amount equivalent to that of the offering will finance or refinance one or more environmental and/or social projects.
CLEAN AND RENEWABLE ENERGY
For more than two decades, ARAUCO produces clean and renewable energy from forest biomass. Thanks to this, the subsidiary is electricity self-sufficient and sends excess power generated by its industrial plants to the energy matrix of the countries where it operates. ARAUCO is currently one of the major generators of Non-Conventional Renewable Energy (NCRE) in Chile, with an installed capacity of 606 MW, allowing it to send 219 MW to the National Electric System (SEN).
COPEC WILL BE CARBON NEUTRAL BY 2030
In order to address global warming and greenhouse gas emissions, Copec is implementing an ambitious plan that will enable it to achieve carbon neutrality by 2030, taking into account all Scope 1 and Scope 2 emissions.
ABASTIBLE, DESCONTAMINATING SOUTHERN CHILE
Our subsidiary has an agreement with the Ministry of Environment to promote the wood-burning heaters replacement program. This initiative has been implemented in various cities in the south of the country, particularly in areas where particulate matter pollution from firewood reached worrying figures. Abastible has already replaced about 300 heaters, in addition to numerous installations in Family Health Centers, rural posts, schools and foundations.
TERPEL FOUNDATION, COMMITMENT TO EDUCATION
This agency seeks to promote education, encouraging the leadership of children, youth and adults, and the transformation of environments that benefit communities, being an important ally on the road to quality education in Colombia. The Foundation carries out five high-impact educational programs aimed at strengthening skills in children and young people in vulnerable situations.
COPEC, PROMOTING CHILDREN’S READING
The subsidiary, together with Fundación La Fuente, carries out the “Viva Leer” program aimed at encouraging and promoting children's reading, through the donation of libraries to vulnerable schools, the sale of books at service stations, a volunteer program within the company and its dealers, and a virtual platform to support schools, family and the community.
GOLDEN OMEGA “OLAS ZERO PLÁSTICO” CAMPAIGN
This initiative is sponsored by our subsidiary Golden Omega in association with Plastic Pollution Coalition, an international alliance for environmental protection. Under the slogan "Cuidemos las Playas de Arica” (Let's take care of the beaches of Arica), this campaign seeks to raise awareness of the serious impact caused by plastic waste on marine fauna, as well as promoting recycling and cleaning activities on the beaches in the area. To this end, volunteer work has been organized with neighbors and Golden Omega employers, and various informative activities have been carried out to raise awareness of this problem.
ORIZON, SUPPORTING NON-INDUSTRIAL FISHING
Our subsidiary has a close relationship with non-industrial fishermen, who provide a significant part of the raw materials processed by the company. Orizon gives them support to improve their boats and fishing nets, and makes technical transfer and information efforts necessary to improve the management of non-industrial fishing effort and the preservation of raw materials and the environment.
We present our seventh Sustainability Report, which sets forth the economic, social, environmental and corporate governance performance of our company and its subsidiaries during 2021, sharing the achievements and challenges in each of these areas.
This document has been built under the GRI (Global Reporting Initiative) standard.
May 25, 2022
Copec achieves carbon neutrality in all its service stations
As part of the commitments made in its Declaration on Climate Change, Copec neutralized the emissions of its 678 service...
March 10, 2022
Golden Omega joins sustainability index
Empresas Copec’s subsidiary, which produces high quality Omega-3 fatty acids, joined the Stakeholders Sustainabilt...
February 2, 2022
Empresas Copec once again listed in S&P's Sustainability Yearbook
For the second consecutive year, the Company was included in the Sustainability Yearbook, an annual report by the global...