“Responsible Investment Momentum for Colombia” – 3BL Media – September 3, 2020

In a press released published on June 18, 2020 3BL Media announced that “(t)he public and private sectors in Colombia have united in support of responsible investment practices that enable a fair and sustainable economy.

The Task Force on Responsible Investment, a GRI-led initiative sees 17 national and international organizations agree a Declaration in favor of Responsible Investment in Colombia, which includes respect for human rights and alignment with the Sustainable Development Goals (SDGs) and the Paris climate accord.

The declaration sets out the importance of ensuring signatories:

  1. Promote ESG criteria in corporate financial analysis and business strategies, recognizing the impact on business performance.
  2. Ensure regular reporting of ESG performance, measuring results through internationally recognized standards and practices, such as provided by GRI, CDP and TCFD.
  3. Encourage the dissemination of ESG information, as well as a better quality and effective use of publicly available information, to analyse risks and business strategies.
  4. Promote the implementation of the issues addressed in this Declaration by institutional investors and Colombian companies.

Alongside publication of the declaration, GRI and the Colombian Stock Exchange (BVC) have jointly issued ESG reporting guidance for listed companies in Colombia, providing a guide that all listed companies in the country are encouraged to adhere to.”

You may read the press release on the 3BL Media internet site.