- ROCA Industry, the holding of construction materials companies, listed on the AeRO market of BVB, launches the first Sustainability Report, anticipating the European Directive applicable starting with the financial year 2024.
- The Holding is making the transition to a sustainable business and will implement, in the companies part of the portfolio, sustainable practices that bring added value to their communities.
- ROCA Industry aims to capitalize annually on 70% of production waste and reduce carbon emissions by 20% by 2030 in the companies in the portfolio.
- The application of circular strategies in the field of construction could cumulatively reduce 650 million tons of materials and could save significant amounts of CO2 by 2050, according to the European Environment Agency.
Bucharest, July 3, 2023 - 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% of production waste and reduce carbon emissions by 20% 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.
ROCA Industry will continue to aim at increasing the level of performance in the companies in the portfolio, starting with the particularities and needs of each, and the strategic priorities such as digitization and retechnologization, optimization and energy efficiency, adaptation and consolidation of the portfolio of sustainable products, expansion into new markets, security at work, but also other principles specific to a sustainable business, oriented towards long-term value generation.
„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, catra reporting and performance financial monitoring.
At the combined level, in 2022, ROCA Industry registered a turnover of a total value of 366.7 million. RON, increasing by 24.6% compared to 2021. At the same time, the strategic development of companies owned by the ROCA Industry holding is based on existing synergies at group level, know-how transfer, solid governance structures, circular approach in terms of activities in the production chain, supply or those in the markets.
In the process of transition to a sustainable economy, the alignment of companies in the field of construction materials and related industries plays an essential role, the data available at European level showing that 37.5% of the total waste generated come from the construction, demolition and infrastructure maintenance industry.
Data from the European Environment Agency indicate that the application of circular construction strategies could cumulatively reduce around 650 million tonnes of materials and save significant amounts of CO2 up in 2050. The specific analyzes and the Sustainability Report ROCA Industry 2022 were carried out together with Denkstatt Romania, a company with extensive experience at European level in terms of sustainability management.
ROCA Industry, listed on the AeRO market of the Bucharest Stock Exchange under the ROC1 symbol, is the industrial holding owned by ROCA Investments. It has directly and indirectly, a number of 7 companies – performers in the specific sectors of activity: BICO Industries ( the first and largest national fiberglass mesh manufacturer and the only domestic manufacturer of fiberglass fittings ), EVOLOR ( one of the largest players in the paint and varnish production industr ), ECO EURO DOORS (the largest Romanian door manufacturer for residential construction ), DIAL (manufacturer of metallic wire products), as well as fiberglass manufacturers Terra, Europlas and Iranga through BICO Industries.