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.
Environmental monitoring is defined as the measurement and evaluation of physical, chemical, and biological indicators of an identified environment for a determined period of time, with the purpose of measuring the changes that can be generated in the environment.
ESG practices have taken a predominant role in the business world and have become a requirement for companies. More and more investors are looking to allocate their money in organizations that are aligned with good practices in the environmental, social and corporate governance fields. With this new trend, avoiding simulating compliance with ESG criteria is one of the major challenges facing the market. This practice, known as greenwashing, is the attempt by an organization to make its products or services, and itself, appear sustainable when in fact they are not.
Latin America is one of the regions hardest hit by climate change in the world. Brazil, Mexico, Venezuela, Chile, and Argentina are the countries most likely to experience extreme annual droughts. To combat this, countries have implemented national sustainable finance policies. That is, they have started to take social and environmental factors into account in long-term investment decisions.
The signs are very clear, our planet is facing critical challenges and is demanding us to respond in a serious and timely manner. Climate change, natural disasters, environmental risks, and increasing pressure on natural resources are driving sustainability as a strategic pillar in organizations.
In the international debate on future economic progress, the concept of sustainable development has become a central element. Our lifestyles and ways of doing business have changed rapidly. In these developments, and in the definition of new development models, the environmental component has become increasingly important.
Amid pressures to focus on preventive medicine, one pharmaceutical company broadened its stakeholder base to include patients, their families, and the planet, empowering workgroups to drive its new purpose-driven strategy.
Something that has become increasingly important in companies over time is the incorporation of environmental commitments into the strategic goals of the company. In addition to these internal commitments, every organization must comply with several regulations at the national level. Here is how to identify and address environmental regulations applicable to your business.
When we talk about the implementation of an Environmental Management System, we start to feel that we are going uphill, but it does not have to be a titanic task. The perfect is the enemy of the good, and the important thing is to start with something sufficient to perfect it over time.
For some years now, the existence of a fourth industrial revolution has been discussed, driven by the impact of digital technology and data processing. Its consequences: an explosion of productivity.