An ESG leader stands out for their ability to align environmental and social criteria with the organization's overall direction, aiming to create long-term value for shareholders and society as a whole.
In corporate environmental, social, and safety management, regulatory compliance is crucial in ensuring organizations operate responsibly and sustainably. However, complying with legal requirements can be a difficult task.
Community engagement has become a fundamental pillar for organizations seeking to maximize their economic benefits and build a solid and sustainable reputation in society.
Today, I invite you to focus all your attention on a function that is sometimes superficially seen by some managers without appreciating the true scope and benefits for their companies and the possible negative consequences that could result from this lack of vision.
In the competitive business world, obtaining sectoral and environmental permits is a critical step for any company, regardless of its sector, be it mining, energy, services, or manufacturing.
In the fast-paced world of mining, environmental management is not only an obligation imposed by increasing scrutiny but has become an essential pillar for sustainability and operational excellence. The effective application of ESG (Environmental, Social, and Governance) criteria is positioned as a smart business strategy.
Today, it is unquestionable that "companies seeking sustainability in their activities must know their stakeholders, enhance dialogue, meet demands and expectations, and be transparent in the accountability of their actions." In today's environment, "being connected" with stakeholders is an essential requirement for maintaining a competitive advantage. In fact, the proper management of a company's stakeholders is an essential pillar to ensure its long-term sustainability.
When developing projects that may have an effect on the environment, companies in Chile submit their projects and their mitigation, compensation, or remediation measures for environmental impacts to an evaluation process in which the authority verifies their environmental viability. To enter this process, companies submit an Environmental Impact Statement (DIA in Spanish) or an Environmental Impact Assessment (EIA).
In the business world, the integration of ESG criteria is no longer a mere trend but an imperative necessity. Concerns related to the environment, social issues, and corporate governance practices are gaining unprecedented relevance in decision-making for both investors and consumers. In this era marked by a growing awareness of the human impact on the planet and society, companies must adopt a more sustainable and responsible approach.
Processing an environmental license can be a complicated and tedious process for any project. In 2021 alone, 936 projects were submitted for environmental assessment in Chile and only 521 of them were approved. The annual approval rate of 55% is similar in the rest of Latin America. Many of these rejected projects had problems obtaining permits, a highly influential factor in the success of a project.
