M-Risk Blog 

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 we talk about social aspects within ESG criteria, we refer to organizational policies and practices related to human rights, business ethics, supply chain management, inclusion, worker health and safety, and social impacts resulting from corporate operations.   

Chile is the second-largest producer of salmon in the world after Norway, concentrating 26% of world production. In 2020, the Latin American country harvested 1,043,144 tons according to the Chilean Salmon Council. Maintaining production of this scale in a meticulous manner requires an ecosystemic approach that includes the management of industrial waste, involvement with the communities in the areas of influence, and proper management of legal responsibilities.