M-Risk Blog 

In a world increasingly aware of the importance of sustainability, companies face the challenge of integrating environmental, social, and governance (ESG) criteria into their DNA.

Chile's largest electric distribution company, Compañía General de Electricidad (CGE), serves over 3 million customers nationwide. As a key player in the energy sector, CGE has committed to operating responsibly and sustainably, which requires effective management of socio-environmental commitments and strengthening ties with communities and stakeholders.

ISA INTERCOLOMBIA is a public utility company in Colombia, dedicated to high-voltage electricity transmission. In fulfilling its objectives, ISA must efficiently and transparently manage numerous environmental and social aspects for both its existing network and new projects.

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 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. 

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. 

We can say that sustainability today is the protagonist in strategies and business models of companies. Organizations have realized that they must work on an integrated thinking that contemplates a strategic business vision linked to sustainability and with which they not only create lasting value for their shareholders, but also develop successful and lasting relationships with all their stakeholders.   

The last few years have been incredibly intense for the sustainability areas of organizations. Keeping up with the pace of change, and performing accordingly, has been a major challenge.  

For the market to function effectively, it is essential that economic agents have clear, objective and non-discriminatory rules. In this scenario, complying with the standard is not a simple task and requires that the information disclosed by the different bodies be consistent and aligned with the same objectives.   

Corporate Governance is understood as the set of rules, principles, policies, and procedures that regulate and define the structure and operation of a company's governing bodies. It establishes and regulates the relationships between shareholders, the board of directors, the management team, and stakeholders, regulating the decision-making process for long-term value generation.