Corporate Governance
Metalsa operates under the governance principles es- tablished by Grupo Proeza, with oversight carried out by various committees.
Proeza Group’s highest governance body is the Board of Directors (CAP) integrated by 11 members, five propri- etary, and six independent ones including the Chairman, Enrique Zambrano Benítez.
CAP is responsible for capital approval and the Compa- ny’s business strategy. It serves as an advisory board for our management team.
In 2024, we implemented
action plans with specific
measures to reinforce
and promote alignment
with the 2030 strategic
sustainability goals.
17% of the members of our CAP are women.
For more information about our CAP and Corporate
Governance, please visit our complete
Metalsa Executive Committee (MEC)
The Metalsa Executive Committee is responsible for ensuring compliance with the Company’s strategy and monitoring the achievement of short, medium and long term goals.
Metalsa Leadership Team
The Metalsa Leadership Team oversees business decisions, monitors operational performance and drives the development and implementation of the Company’s purpose, values, mission, and strategies to achieve the established sustainability goals.
Ethical Operations
Metalsa is committed to
conducting its business with
integrity, in full compliance with
applicable laws and in alignment
with our core values.
Code of Conduct
Our Code of Conduct serves as a guide for collaborators, suppliers and stakeholders, ensuring integrity and responsibility in every aspect of our work.
Metalsa is firmly committed to the prevention, protection, and respect
of human rights across all areas of operation. We promote a work
environment where any form of harmful behavior is strictly avoided,
and where the rights and dignity of collaborators, suppliers, and
related stakeholders are fully upheld and protected.
We maintain a zero-tolerance policy regarding bribery and corruption, ensuring that our business practices meet the highest ethical and legal standards worldwide.
To uphold this commitment, we implemented the Anticorruption Policy that forbids offering, paying, giving money or anything of value.
In 2024, 100% of the Board
members and of our collaborators
received training on our Code of
Conduct, and Conflict of Interest.
Cybersecurity
Our cybersecurity program is designed to defend
against cyber threats while ensuring business resilience and regulatory compliance.
The program establishes a security strategy that
protects both Information Technology (IT) and Operational Technology (OT), while mitigating risks and fosters a cybersecurity culture.
Responsible Supply Chain
Metalsa relies on a diverse and wellmanaged supply chain to ensure the quality and efficiency of its manufacturing processes.
389 direct material suppliers in
the year; 72.60% of them were
domestic. 51% of our procurement
expenses were allocated to them.
To maintain high standards, we conduct Metalsa’s Supplier’s Busi- ness Assessment, (MSBA), a global evaluation designed to provide insights regarding all our suppliers’ capabilities.
The purpose of this assessment is to support suppliers in identify- ing improvement areas and driving a culture of continuous prog- ress across our global supply chain.
During 2024, 20 (100%) new
suppliers were assessed using
environmental and social
criteria. No critical negative
impacts were identified.
In 2024, we deepened engagement with our suppliers and customers
on decarbonization, carbon footprint, and circularity, discussing
key topics like green steel production, logistics, and costs. Our
Crediproveedores program, aligned with EcoVadis, is set to conclude
in 2025 and is already incentivizing suppliers to improve their ESG
performance through access to enhanced financing and benefits.
Ricardo García Guerra
Sustainability Coordinator
