- High interest rates affecting leverage strategy.
- Economic decrease of 5% in the construction sector and 15.4% in civil works.
- High inflation impacting cost of inputs.
- Liquidity challenges.
- Compliance with EPC contracts.
- Payment of obligations.
Construcciones El Cóndor S.A.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Construcciones El Cóndor S.A. disclosed greenhouse gas emissions of 57.5K tons CO2 (21059 tons compensated). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
57.5K tons CO2 (21059 tons compensated)
2023
Water Usage
312.9K m3
2023
Waste
3.5M m3 (46% reused)
2023
✅ Reported Environmental Achievements
- Recovered 6,381 tons of raw material at Ruta al Mar, decreasing material exploitation.
- Used 7 tons of RAP to produce a stabilized base at Ruta al Mar, decreasing material exploitation.
- Increased production of rubber-grain mixes by 6%, reducing stone aggregate use by approximately 20%.
- Compensated 21,000 tons of CO2, representing 36.6% of emissions (19% reduction vs. 2022).
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce absenteeism.
- Implement regulatory changes per the Hygiene Regulation for Breathable Silica.
- Ensure 100% implementation of changes on the Road Safety Strategic Plan.
📅 Medium-term
- Consolidation of the ecosystem of emerging infrastructure of Colombia and Latin America.
- Business development and identification of services and maintenance for Concessions.
- Development of material production businesses.
🌱 ESG Focus Areas
Responsible supply chainService quality managementEmployer of reference: Wellbeing and OSHContribution to local developmentEthics, compliance and transparency