Risk Management: Integrating ESG factors helps companies identify and mitigate risks related to environmental impacts, social issues, and governance failures. This proactive approach reduces the likelihood of reputational damage, legal…
Labor Practices: Labor Law No. 4857: This law governs labor relations, ensuring workers' rights, fair wages, working hours, and safety standards. It mandates non-discriminatory practices in employment and prohibits child…
Lifecycle Assessment: Conduct lifecycle assessments (LCAs) to evaluate the environmental impact of products from raw material extraction to disposal. This helps identify areas for improvement and innovation in sustainability. Sustainable…
Corporate Governance Code: The Capital Markets Board (CMB) has established a Corporate Governance Communiqué, which outlines principles for good corporate governance practices, focusing on transparency, accountability, and fairness. The code…
Workforce Diversity: Companies are encouraged to adopt policies and practices that promote workforce diversity at all levels. This includes recruiting from diverse talent pools, setting diversity targets, and implementing training…
