Different specialists spoke of the importance of integrating the care of the atmosphere and the human rights in the plan of businesses of the companies if a return is wanted
The investors thought in terms of risk and return, but today it is risk, return and impact. In the future of short term this is going to be the only form to make businesses, it affirmed Mara Laura Tinelli, director of the consultant of investment of Acrux impact Partners, adding itself to the sayings of other specialists as Constanza Connolly, senior lawyer of the study Beccar Varela; Andr©s Napoli, executive director of the NGO Ambient Foundation and Recursos Naturales (FARN); and Diego Luzuriaga, dean of the School of Postgraduate courses of the Buenos Aires Institute of Technology (ITBA).
There are many studies realised as one of Harvard in which followed the trajectory of 90 viable companies and the 90 nonviable and viable ones at the end of the way had a greater shareholding value to those than they were not it. This it is an example, but it is verified. It is necessary to include viability, not only because it is good but if a return is wanted , completed Tinelli in summit of Viability, organized by La Naci³n.
Against this, Connolly shelp that generally the ties come from the areas of legal finances and because in legal they look for to prevent risks, but is necessary to begin to think about viability as a matrix of opportunities of businesses. Before the advising to the companies was strictly legal. Now it is envelope what is correct and the socially responsible thing , it assured.
In this sense, the lawyer indicated that the Government of the City is working in a bond of social impact, a public-deprived association by which she is going away to stimulate to the companies to engage vulnerable young people.
Nevertheless, Naples, of FARN, alerted by the lack of a norm of evaluation of environmental impact: These initiatives are important in harmony. That agenda cannot not know the instruments no that there are. There is norm of no evaluation of environmental impact, is scattered in different provinces.
Finally, Luzuriaga shelp that the companies must both leave of side the theory of pockets. It is not investment, on the one hand, and, on the other, impact. The intention is that synapse is contracted. Viability must be contracted. It would be the synthesis to articulate the public and the private thing , it concluded.
Global trend, local impact
Sebasti¡n Bigorito, executive director of the Council Argentine Businessman for the Sustainable Development (Ceads), spoke of three mega tendencies to world-wide level: The objectives of sustainable development that the UN in 2015 established, the climatic agenda after the conference of Paris and Compliance 2.0.
On the objectives of the UN it shelp that, unlike which it happened before with the Objectives of Development of Milenio (ODM), in the Objectives of Desarrollo Sostenible (ODS) the company has a roll that to fulfill and that is why the private ones they appear mentioned 24 times in the document. As far as the climatic agenda, it remembered that Argentina was committed to reduce its carbon dioxide emissions in a 37% for 2030: a 18% unconditionally and another 19% if it accedes to funding and technological transference. And, finally, with respect to compliance 2,0, it shelp that the agenda of viability always was tied to soft regulations but that now regulations is going to begin to have hard reason why compliance officers must be kind.
With respect to the regional situation it shelp that she is complicated. There is no a hydroelectric one that is approved in Latin America in the last five years. Neither stages nor miners. There are 400 projects of investment that have been cancelled or delayed by US$ 300,000 million. There is a paralysis by a new scheme of permissions, it explained.
In this sense, it shelp that the legal permission is complementary to the social license. When we have a picture in which the confidence in the institutions is lowering and the confidence towards the companies is a 53%, before the doubt, not quer©s nothing Not in my backyard. What we see is that the private sector is in a complicated situation. There is loss confidence and discharges expectations. There it is when the viability agenda happens to be a tool to leave that quadrant, it finalized.
Source: La Naci³n