Madrid, May 9th, 2019. Cerealto Siro Foods, global company in the agri-food sector resulting from the merger of Grupo Siro and Cerealto, underwent an audit to prove compliance with the Food Industry Sustainability Golden Rules of the Spanish Ministry for Agriculture, Fisheries and Foods.
The Audit was executed by AENOR and evaluated the Company’s performance in more than 100 items regarding economic, environmental and social sustainability.
Cerealto Siro Foods scored between 81-86 out of 100. The assessment highlighted the Company’s strong performance in Ethical Conduct, Innovation and Development, Circular Economy and Waste Management, People Management and Diversity, Stakeholders Management, Supply Chain and Contribution to Local Economy.
The Company’s performance in this audit echoed its sustainability model, which is based on creating trusting relationships, and its capacity to meet the expectations of its Clients, Employees, Suppliers, Society and Capital; while guaranteeing a balance between its economic growth, the protection of the environment and society’s welfare.
The new sustainability strategic lines for the upcoming years include: developing more nutritious and accessible products, promoting diversity and the labour inclusion of people with barriers to work, driving a sustainable agricultural model with the primary sector and implementing the circular economy within the business model. These lines are related to six Sustainability Development Goals (SDGs) of the United Nations.
On another point, most of the Company’s social initiatives are organised through the Grupo Siro Foundation, which already has 5% share of the Group Cerealto Siro Foods.
The Sustainability Golden Rules is a tool promoted by the Spanish Ministry for Agriculture, Fisheries and Foods to improve competitiveness in the food industry in Spain. It has been developed based on principles that imply a voluntary commitment from companies to improve performance in sustainability.
Ana Carolina Bustamante
Corporate Communication Manager at Cerealto Siro Foods
About Cerealto Siro Foods
Resulting from the merger of Grupo Siro and Cerealto; Cerealto Siro Foods is a multinational company that manufactures cereal-based food products, supplying retailers and international branded food companies in the B2B sector.
The Group closed 2018 with a turnover of 600 million euros and a production volume of 400,000 t. Cerealto Siro Foods has a workforce of 4,800 people in its 17 production centres located in Spain, Portugal, Italy, the United Kingdom and Mexico, as well as a commercial team in the United States.
The Company has a strong commitment to developing the communities in which it operates and to the integration of people with barriers to work, who represent more than 12% of its global workforce.