ROCA Industry, the first Romanian holding of construction materials companies, part of the ROCA Investments portfolio, announces the launch of the first Sustainability Report, anticipating the European Directive applicable from the financial year 2024, on corporate sustainability reporting (CSRD). The Holding plans to develop innovative products in the portfolio companies by implementing sustainable practices, given three essential directions: economic, social and environmental, to add value to the communities in which they belong.
ROCA Industry aims to capitalize annually on 70 percent of production waste and reduce carbon emissions by 20 percent by 2030, develop at least 4 feasible products for the green building industry, as well as achieving other objectives of sustainability and corporate governance.
Anticipating the application in Romania of Directive 2022/2464 / EU on corporate sustainability reporting, starting with the financial year 2024, ROCA Industry, a company listed on the Aero market of BVB, in the process of transition to the main market, makes public its first Sustainability Report, related to 2022. It describes the activities of the holding and owned companies – BICO Industries, EVOLOR (ex Sarcom), ECO EURO DOORS and DIAL.
The report collects qualitative and quantitative data from companies, with the aim of synthesizing all the elements included in sustainability policies. The data will function as a reference level, and the annual performance of the holding company will be further measured starting from the data communicated in the first report.
The report thus sets a set of standards at the level of the Romanian industry for measuring the impact and performance of sustainability strategies applied in the short, medium and long term, considering the 4 pillars specific to the ROCA Industry holding company: Sustainable Business, Market and Products, Energy and Climate Resources, People and Community.
“Our sustainability approach does not only refer to the reporting activity, but to a complex long-term strategy, in order to be able to really generate competitiveness and performance in the Romanian industry. On each strategic pillar we have set ourselves short, medium and long term objectives, and achieving them will mean the next level of development for the Romanian industry. In all this context, the listing of ROCA Industry on the main market of the Stock Exchange will represent a confirmation of all the principles by which we operate: performance, autonomy, independence and competitiveness,” said Ionut Bindea, CEO of ROCA Industry.
The companies within the ROCA Industry holding are Romanian entrepreneurial companies in the process of transformation, with factories and operations in full process of automation, efficiency, transition to well-established governance structures, reporting and performance financial monitoring.
At the combined level, in 2022, ROCA Industry registered a turnover of a total value of RON 366.7 million, increasing by 24.6 percent compared to 2021.
