Gonzalez Calvillo - Meet new stardards

The adoption of Environmental, Social and Governance (ESG) standards has become essential for the survival of every business. Investors, shareholders, and consumers demand that companies incorporate ESG criteria in all their operations, which include:

  • Environmental Factor
    Environmental Factor

    to make decisions based on the impact of activities arising out of projects on the environment and mitigate risks;

  • Social Factor
    Social Factor

    to consider the impact they have on the community and with people involved, spanning from employees to suppliers in each operation/project;

  • Governance Factor:
    Governance Factor:

    to regulate the impact of decisions of the shareholders themselves and the board of directors of companies, based on issues such as board structure, shareholder rights, and transparency.

Impact & Benefit

While ESG might be considered a hot topic given the ramifications and impact it represents, it is not a new trend. Over the past few decades, society has become much more interested and involved in the effects of companies within their communities. At the same time, it demands for companies to comply with being a good corporate neighbor by making their impact not only translate into economic benefits, but also have repercussions on social and environmental effects and, in turn, generate a common benefit.

Nowadays, the functionality and engagement of companies is judged on their perceived performance spanning a wide range of issues, including:

  • Board diversity
  • Supply chain resilience
  • Human rights advocacy
  • Carbon emissions reduction
  • Engagement with its employees and externally

Value Proposition

Our firm is committed to the need to continue creating added value to its clients and has a defined participation scheme for ESG actions. It is composed by an interdisciplinary group, with solid proposals that allow the development of aspects such as the incorporation of ESG strategies in its bylaws, audits, ethics codes, legal documents, to avoid possible environmental, labor, social and human rights violations, as well as in the formalization of financing structures.

The implementation of ESG criteria ensures that the principles, policies and strategic direction emanating from the companies' management teams are translated into actions that reduce corporate risk. It also makes it possible to attract and retain more qualified personnel, since there is a relationship between productivity and employee satisfaction. Although implementing and complying with ESG criteria can be a complex and costly task, it has been shown that many companies that do so experience positive results.

Meeting ESG criteria may seem laborious and costly at first glance. However, studies show that those who implement these criteria experience positive results. They can also identify climate change risks to their operations and/or potential litigation risks.