Vitro: acknowledgement for highest standards of corporate governance

Vitro has been awarded the Best Corporate Business Ethics distinction for being a Socially Responsible Company for the second consecutive year from the Mexican Philanthropic Center, A.C. (CEMEFI) as w…

Vitro has been awarded the Best Corporate Business Ethics distinction for being a Socially Responsible Company for the second consecutive year from the Mexican Philanthropic Center, A.C. (CEMEFI) as well as the Alliance for Social Responsibility in Mexico (AliaRSE) as the Best Corporate Business Ethics in 2009 in Mexico for its Corporate Transparency and Institutionalization initiative. The distinction was awarded during the 10th anniversary of the International Seminar for Best Practices in Corporate Social Responsibility (RSE) 2009 that took place on 24 and 25 September 2009 in Mazatln, Sinaloa. We are very proud as it is a fitting acknowledgement of the efforts that we all have undertaken over the past few years in Vitro to adopt the highest standards of corporate governance through the implementation of a series of practices, policies and guidelines to make the administration of the company more transparent, declares Alejandro Snchez Mjica, Executive Legal President and General Counsel. The evaluation committee awarded the distinction considering that this practice generates value added to Vitro“s strategy and management thus guaranteeing the institutionalization of the company through the professionalization of its administration. This recognition is a true stimulus for us to continue consolidating our efforts to promote sustainable development based on ethical work that corresponds to the expectations of our interested public; the methodology and impact of this practice will continue being part of the day to day activities of Vitro, points out Monica Chapa, Vitro“s Legal Manager for Societies as she received the award. This award is in addition to the certification received by the company in March of this year as a Socially Responsible Company for the second consecutive year and ratifies Vitro“s efforts to promote sustainable development.