A highly successful initiative to help smaller companies in Peru to embrace transparency and adopt sustainable business practices has received global recognition.
GRI’s Corporate Sustainability and Reporting for Competitive Business (CSRCB) program – supported by the Swiss Confederation’s State Secretariat for Economic Affairs (SECO) – has provided small and medium-sized enterprises (SMEs) in six countries with sustainability reporting training and guidance. In Peru, it engaged 1,100 companies, leading to more than 800 first-time GRI reports being produced.
The European Foundation for Management Development (EMFD) Excellence in Practice Awards 2021 has recognized the educational collaboration aspect of GRI’s work in Peru, with a Silver Award for Social & Environmental Impact given to Centrum PUCP Business School and GRI.
With support from the CSRCB program, GRI and 100 students and professors from Centrum PUCP delivered a series of sustainability reporting workshops and events for SMEs and other stakeholders, including a conference with 800 participants, and sustainability reporting awareness training for 127 Peruvian journalists.
Daniel Vargas, GRI Country Manager for Peru, said:
“Our partnership with Centrum PUCP has been hugely rewarding, enabling us to deepen our engagement with companies in Peru. Not only has this been a factor in increasing the practice of sustainability reporting by SMEs, it has helped multiple stakeholders to understand the value of sustainability data.
The learnings from the CSRCB program in Peru, and the role of academics and journalists in encouraging sustainable business, has informed GRI’s new SECO-funded program, which is continuing to enable us to drive up sustainability disclosure and accountability in the Hispanic America region.”
Percy Marquina, CEO of Centrum PUCP, added:
“At Centrum PUCP, we encourage our students to have a more holistic and sustainable vision of business models, integrating the community and stakeholders. I am pleased that this program has helped SMEs link the GRI Standards and the Sustainable Development Goals, bringing together business management with a sustainable vision.”
Want to know more?
- In June, GRI and SECO announced Sustainability Reporting for Responsible Business, a new program focused on organizations in Hispanic America, Africa and South East Asia
- GRI held a virtual ceremony this summer to recognize 430 companies in Colombia and Peru that published a 2020 sustainability report
- GRI’s Best practices in sustainability by Peruvian MSMEs shares case studies on how businesses have used sustainability as a competitive advantage
Global Reporting Initiative (GRI) is the independent, international organization that helps businesses and other organizations take responsibility for their impacts, by providing the global common language to report those impacts. The GRI Standards are developed through a multi-stakeholder process and provided as a free public good.
Centrum PUCP is the business school of Pontificia Universidad Católica del Perú. It has a mission to create ‘agents of change with a positive impact on society’.
The GRI Academy, launched in 2020, provides sustainability professionals around the world with access to high-quality, online training and courses.
Tweet me: More than 1,000 SMEs in #Peru have produced a first-time #sustainabilityreport, thanks to a successful partnership between @GRI_Secretariat & @CENTRUMcatolica - supported by @SECO_CH - to deliver workshops and training. Find out more: https://bit.ly/3zIJyKb
KEYWORDS: GRI Standards, Global Reporting Initiative, sustainability reporting, esg, Peru