- This is the highest category for a company in the Sustainable Leaders Agenda.
- It is a recognition of ISA’s “leadership, consistency, and excellence in public disclosure of information on its investor relations and sustainable development practices,” stated the ALAS20 organization.
The Agenda Líderes Sustentables (“ALAS20”), is the only Latin American initiative that evaluates, rates, and fully recognizes excellence in public disclosure of information on sustainable development, corporate governance, and responsible investments by companies and investors in Brazil, Chile, Colombia, Spain, Mexico, and Peru.
This year, besides being the winner in the highest category, ISA was second in the Sustainability Leader category, and fourth in the Investor Relations Leader category.
“This is not the first time ISA receives such an important award: we were the ALAS20 Company in 2017, and we have also received several awards in other categories. This demonstrates our consistency in world-class corporate governance practices. Our commitment to stakeholders and society is stronger every day and today we continue to be an example for other companies,” said Juan Emilio Posada Echeverri, ISA’s CEO.
About ALAS20
1. Who gives the awards?
GOVERNART, think tank and advisory firm that provides environmental, social, and corporate governance services to companies and investors in Latin America. It takes part of the UN initiatives promoting responsible investments.
2. What categories are awarded?
-Sustainability Leader
-Investor Relations Leader
-ALAS20 Company (the absolute winner, as it considers the two previous categories)
3. What is the process to get this recognition?
There are three stages:
Voting: Organizations must undergo a voting process based on the Sustainable Enterprise Perception Study (PES) and the Responsible Investor Perception Study (PIR). Each country has its own voting process, usually using market analysts/investors.
Nomination: The 10 organizations and investors with the most votes in each category, in each country, are identified.
Evaluation: Morningstar Sustainalytics, a leading global provider of ESG research, ratings and data, is in charge of the technical assessment of the Sustainability Leader category for companies. The Colombian Stock Exchange is in charge of the technical evaluation of the Investor Relations Leader category.
Source: www.alas20.com/que-es-alas20/
