Guidelines for the Private Sector after the Paris Agreement
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Today was the inauguration of the EXPO Sustainable ManagementThe Social Responsibility and Sustainable Development Program: the meeting point for Peruvian companies and organizations where they have been sharing experiences in Social Responsibility and Sustainable Development programs for the past 13 years. In this edition, more than 40 companies will present an average of 120 projects and programs of social responsibility and sustainability.
Javier Perla, Libélula's Sustainable Business Manager, participated in the workshop "Business and Sustainability: Post Paris Challenges", organized by the 7C - Corporate Climate Commitment. The event was also attended by three sustainability experts: Sonia González, General Director of the General Directorate of Environmental Research and Information of MINAM; Daniel García, General Intendant of Economic Studies of the Superintendence of the Securities Market (SMV); and Lizzie Valdivieso, Coordinator of the Responsible Investment Program (PIR).
Javier highlighted the reasons for the private sector's interest in the new Paris AgreementIn the future there will be two types of companies: those that include sustainability at the core of their business and those that do not. Why should the private sector consider climate change? For competitiveness, regardless of what public policies there are or will be, because all businesses are affected in one way or another by climate."
Javier stressed that climate change should be seen as an opportunity for private companies: "There are profitable opportunities. The private sector must put on the climate change lens to see these opportunities. It is much smarter to put it on the agenda today, transversally within the company, than to wait for years to pass," he urged.
The participation of Sonia González from MINAM focused on the importance of the Pollutant Release and Transfer Register (PRTR): "Peru is one of the three Latin American countries that are implementing this register, which is a requirement for countries that belong to the OECD, an organization that Peru wants to join," she said. "The importance of this emissions registry lies in the fact that it promotes the reduction of emissions, maps health risks and allows companies to access more environmentally demanding markets."
For his part, Daniel García, from the SMV, spoke about the new Corporate Sustainability Report, annexed to the Annual Report: "At the SMV we seek to protect investors and regulate the stock market, so that it is beneficial for both," he said. "A sustainable company is one that transcends over time and creates value not only for shareholders, but for all stakeholders involved. We expect more investment in responsible companies."
Finally, Lizzie Valdivieso, PIR coordinator, explained this initiative launched in 2014: "Investors no longer evaluate portfolios only in economic terms. They are aware that if they want solid portfolios, they must include ESG aspects - Environmental, Social and Good Corporate Governance - in the analysis and decision-making processes." He also concluded that the challenge is to turn the IRP principles into a guide on how to adopt them to companies.
The EXPO Sustainable Management Peru 2021 will be presented at the PUCP until Friday, April 29th, so don't miss it! Click on this link for more information: http://expoperu2021.org/
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