Post by account_disabled on Feb 22, 2024 21:10:30 GMT 10
Within the framework of the Global Alumni Meeting, held by IPADE, business leaders expressed their perspectives on the relevance of adapting ESG objectives to business strategies. IPADE Business School held its second Global Alumni Meeting , in which more than 5,000 company executives from Mexico and Latin America gathered to analyze the challenges that 2022 presents for the business sector. One of these challenges is the trend towards the corporate approach to ESG (Environmental, Social & Governance) , which was addressed in the panel The Impact of ESG on Financial Markets , as well as the relevance and requirements to adapt ESG objectives to the business strategies.
Federico D'Kuba Chávez, Professor of Financial Management at IPADE, explained that the ESG objectives for companies are integration, personal values and achieving a positive impact. “This is going to make money go to companies that comply with these (ESG). Companies, even medium and small Saudi Arabia Mobile Number List ones, have to start implementing ESG for their operations.” Omar Taboada González, Director of Investment Analysis of the Citibanamex Financial Group Brokerage House, stated that ESG will represent a new standard worldwide for companies, since investors will no longer allocate their capital towards companies that do not have minimum standards. of ESG. “From a financial point of view, it has been proven that a company that has better corporate governance and takes more care of its environment has higher performance.
Investors seek to have a higher return on their capital and this way of obtaining ESG is the best of both worlds: higher return and being a partner of a company that cares about the environment and people,” the manager mentioned. In this vein, expert participants in the panel Mexico and Sustainable Development: a View from the General Directorate , moderated by Ana Cristina Dahik Loor, professor of Political and Social Environment, agreed that companies that have better scores on ESG issues obtain more profitability, are more attractive to investors, and are also more resilient to shocks in an uncertain context of pandemics and natural disasters, such as the one we are currently experiencing.
Federico D'Kuba Chávez, Professor of Financial Management at IPADE, explained that the ESG objectives for companies are integration, personal values and achieving a positive impact. “This is going to make money go to companies that comply with these (ESG). Companies, even medium and small Saudi Arabia Mobile Number List ones, have to start implementing ESG for their operations.” Omar Taboada González, Director of Investment Analysis of the Citibanamex Financial Group Brokerage House, stated that ESG will represent a new standard worldwide for companies, since investors will no longer allocate their capital towards companies that do not have minimum standards. of ESG. “From a financial point of view, it has been proven that a company that has better corporate governance and takes more care of its environment has higher performance.
Investors seek to have a higher return on their capital and this way of obtaining ESG is the best of both worlds: higher return and being a partner of a company that cares about the environment and people,” the manager mentioned. In this vein, expert participants in the panel Mexico and Sustainable Development: a View from the General Directorate , moderated by Ana Cristina Dahik Loor, professor of Political and Social Environment, agreed that companies that have better scores on ESG issues obtain more profitability, are more attractive to investors, and are also more resilient to shocks in an uncertain context of pandemics and natural disasters, such as the one we are currently experiencing.