Caesarstone Issues Global Sustainability Report
MP MENASHE, Israel — Caesarstone Ltd. issued its inaugural Environmental, Social, Governance (ESG) Report earlier this week.
“At Caesarstone, we are committed to sustainability through continued innovation of our products and greener production processes while remaining focused on a value chain built on environmental, health, and safety practices,” said Yuval Dagim, Caesarstone CEO.
“We are happy with our ESG accomplishments to-date and are pleased to have built the framework to accomplish our new ESG goals and help create a more sustainable future for our Company. We believe our success is directly related to how well we take care of our clients, our employees, and our communities and we look forward to position Caesarstone for enhanced long-term value creation.”
Caesarstone prepared its 2020 ESG Report with a framework that relied on Global Reporting Initiative (GRI) standards, aspects of the Sustainability Accounting Standards Board (SASB) and the United Nations Sustainable Development Goals (UN SDGs).
Specifically, Caesarstone has aligned with five of the 17 UN SDGs: Climate Action; Good Health and Well-Being; Decent Work and Economic Growth; Industry, Innovation & Infrastructure; and Responsible Consumption and Production.
Based on the evaluation, Caesarstone established sustainability goals centered around the following core areas: sustainable products; environmentally responsible production; health and safety; and social responsibility.
In addition to the ESG goals that Caesarstone establishes in its 2020 ESG Report, portions of the Company’s ESG report are also intended to address the actions Caesarstone has taken and continues to take to support its employees and communities in response to the global COVID-19 pandemic.
“We are happy with our ESG accomplishments to-date and are pleased to have built the framework to accomplish our new ESG goals and help create a more sustainable future for our company,” Dagim added. “We believe our success is directly related to how well we take care of our clients, our employees, and our communities and we look forward to position Caesarstone for enhanced long-term value creation.”
Caesarstone’s 2020 Global ESG Report is available on the company’s websites at http://ir.caesarstone.com/ESG.
Caesarstone stock is traded on the NASDAQ under the symbol CSTE.
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