Santamarina Steta

ESG: Criteria For A Sustainable And Profitable Company

Investors set the course for the industry towards a more sustainable path, aligning their values with the environmental, social, and corporate governance standards that the global economy demands.

The future is written with three letters: ESG (Environmental, Social and Governance) or ASG for its acronym in Spanish (Ambiental, Social y Gobierno Corporativo).

The COVID-19 pandemic marked a turning point in history, placing environmental, social, and corporate governance issues at the center of attention that promise a more sustainable direction in the operations of any company that calls itself responsible.

It is the shareholders themselves who are setting the tone in the various economic sectors because although there is no legal regulation or official guidelines that oblige companies to follow these standards, they are the ones who decide to bet on partners that boost their value to long-term with actions in favor of the environment, diversity, and inclusion, the protection of personal data or fiscal transparency.

Juan Carlos Machorro