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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.
Companies in the electrical, mining, and aquaculture sectors face demanding challenges in demonstrating their environmental compliance since managing many physical, chemical, and biological variables related to their operations is required.
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.
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.
Today it is a reputational requirement for organizations to systematically and consistently address the environmental and social commitments associated with the business. Sustainability has become a strategic pillar for organizations and therefore requires more comprehensive and far-reaching management.
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.
