Argos continues to demonstrate its commitment to implementing positive Environmental, Social and Corporate Governance (ESG) practices. As an example of the above, Argos North America Corp., its subsidiary, entered into a new loan for 300 million USD. The interest rate is linked to CO 2 emission reduction indicators and an increase in the share of women in leadership positions.
Argos USA LLC and Cementos Argos SA will act as guarantors in this operation. With this new loan, there are now three credits linked to the performance of ESG indicators that Argos has signed so far in 2021.
Argos is committed to CO2 emission reduction and the continuous improvement of our ESG processes and indicators.