Cosentino releases sustainability report for 2023

Spanish tile producer and distributor Cosentino has published its sustainability report for the 2023 fiscal year, which aims to “reinforce its commitment to its stakeholders by transparently reporting on the evolution of its strategic objectives based on Environmental, Social and Governance (ESG) principles”.

The data in the report, reportedly verified externally by KPMG, showcases Cosentino’s progress in three areas: carbon footprint reduction, circular economy and low-impact product design. The report also highlights its progress as brand employer, including training, as well as overviews of the different initiatives that generate a positive impact on society through education, art and culture.

According to the report, sustainability management continues to be one of the areas with the greatest investment by the company. In 2023, it invested nearly €30m (£25.3m) in environmental, health and safety assets, and €13.5m (£11.3m) in environmental control and improvement. This commitment reportedly translated to a further reduction of its carbon footprint by 1.3% as compared to 2022, and by 10.3% compared to 2018, the base year for measurement.

Cosentino’s industrial solar energy installation project for self-consumption was completed in 2023, which included installing 28,000 panels on the roofs of the factories and centers of its industrial park in Cantoria. With this, the company says it now obtains 20% of its current annual electricity consumption from solar.

The company supports several collaborations and sponsorships in disciplines such as architecture, design, sports and gastronomy, including its own Silestone Institute and the Cosentino Design Challenge contest. It also promotes art and culture through the activities of the Ibáñez-Cosentino Art Foundation.