1 minute read
RELEVANT NEWS
ned with the USMCA and the 2030 Sustainable Development Goals.
On the one hand, there are various certifications such as ISO14001, focused on the management of processes and tools to generate the least impact; the seals of cleanliness, quality, and care issued by the Federal Attorney’s Office for Environmental Protection (Profepa); the Green Globe, which recognizes tourism companies for their sustainable and responsible practices, or the Environmental, Social, and Governance (ESG) criteria.
Advertisement
ESG criteria are measures applicable to industries to manage their resources, prevent pollution caused by processes, for example in manufacturing, and reduce negative environmental impacts as much as possible.
“These criteria or certifications depend on the industrial activities, they choose them according to their objectives and what it may cost economically, especially for large companies, but there are options that are not so expensive for the value chain that can be adjusted to small suppliers,” says Lendo.
Another way in which industries can guarantee and adopt sustainable processes to apply as suppliers in nearshoring is through Mexico’s Sustainable Taxonomy.
This is a system coordinated by federal entities, financial entities and representatives of the private sector where criteria are established to evaluate whether an asset or economic activity has an impact on environmental objectives.
In other words, it is a scheme that regional suppliers can use to indicate the environmental effects of their activities and processes, which can be used to modify or adopt new practices.
“Each company will decide which criteria to choose, whether it is a certification or whether it should comply with the Sustainable Taxonomy, although in this case it is very likely that the Mexican government will not certify you or issue a document, but I recommend that businessmen point this out in their reports so that investors can see that their business model complies, especially with nearshoring and short chains in mind,” Lendo points out. The specialist points out that this is the ideal time to become certified, obtain seals or use sustainable criteria, because investors are coming more and more and they will need alliances with those who are aligned with the 2030 goal, but also because it is a requirement to trade freely in the region.
