Through CMPC Beyond, innovation in the company is practiced with a robust and forward-looking governance structure, as a critical response to the new needs and requirements of people, markets, and investors, with a focus on three strategic areas supported by sustainability goals in innovation.
Innovation Governance at CMPC
|Future and Innovation Committee (FIC)|
|Champion for CMPC Beyond|
|Future and Innovation Team (FIT)||Beyond Ambassadors|
Innovation focal points and outstanding initiatives
|Circular Bioeconomics||Enhanced Digital Transformation||Linkage with the Environment|
||Creation of the Data Management Department:
Innovation Sustainability Goals
For a more efficient and sustainable operation, innovating digitally and using data, developing new technologies that reduce emissions, industrial water and energy use, and more sustainable products is that, in 2020, the company launched its Innovation Sustainability Goals. They are as follows:
Goal 8.2: Achieving higher levels of economic productivity through diversification, technology upgrading, and innovation, focusing on high value-added and labor-intensive sectors.
Goal 9.4: Improving infrastructure and realigning industries to make them sustainable, using resources more efficiently, and promoting the adoption of clean and environmentally sound technologies and industrial processes.