BEGIN:VCALENDAR VERSION:2.0 PRODID:unctad.org BEGIN:VEVENT UID:6a4cc90f9b96a DTSTART:20220617T070000Z SEQUENCE:0 TRANSP:OPAQUE DTEND:20220617T150000Z LOCATION:Online\, Guatemala SUMMARY:Roundtable discussion to reinforce Guatemala’s Sustainability Rep orting Ecosystem CLASS:PUBLIC DESCRIPTION:UNCTAD\, the Guatemalan Ministry of Economy (MINECO) and the Ce nter for the Action of Corporate Social Responsibility in Guatemala (Centr aRSE) organized a meeting to present and discuss proposals for a guidance for sustainability reporting for companies in Guatemala and a guidance for the preparation of a corporate governance code. The roundtable took place on 17 June 2022 in a virtual format.\n\nThe documents presented during th e roundtable represent the start of implementation of Guatemala’s Action Plan for high quality sustainability reporting developed as one of the ma in outputs of the Development Account 11th Tranche Project titled Enabling policy frameworks for enterprise sustainability and SDG reporting in Afri ca and Latin America.\n\nIn his opening remarks\, Mr. Marco Tulio Molina\, Minister Counselor of the Guatemalan Mission to the WTO and other interna tional organizations\, stated that the sustainability reporting guidance a nd the guidelines for the preparation of a corporate governance code discu ssed at this roundtable provide great value as a reference for companies i n Guatemala.\n\nMr. Andreas Kuestermann\, Board Director of CentraRSE\, st ressed that “...the importance of promoting a voluntary framework for th e construction of Sustainability Reports for companies in Guatemala\, as a fundamental milestone for the Sustainable Business agenda because it will offer tools aligned with essential and forward-looking course of action f or Responsible Business conduct at a global level considering our country ’s perspective\, priorities\, and initiatives.”\n\nMs. Isabel Garza Ro driguez\, Economic Affairs Officer of UNCTAD\, highlighted that the propos ed documents consider international best practices as well as the specific needs of Guatemala. They aim at strengthening the sustainability reportin g infrastructure in Guatemala and promoting comparability and reliability of the information.\n\nRepresentatives from the Ministry of Economy (MINEC O)\, the Center for the Action of Corporate Social Responsibility in Guate mala (CentraRSE)\, the Professional Body of Public Accountants and Auditor s of Guatemala\, the Coordinating Committee of Agricultural\, Commercial\, Industrial and Financial Associations (CACIF)\, the Planning and Programm ing Secretariat of the Presidency (SEGEPLAN)\, the National Stock Exchange (BVN)\, the Registry of the Securities and Merchandise Market\, and the N ational Competitiveness Program (PRONACOM) provided comments and suggestio ns to enhance the proposals and further adapt them to the national needs.\ n\nIn addition\, another roundtable to discuss recommendations to improve the process to collect data to measure the contribution of the private sec tor to the SDGs with a view to include it in the Voluntary National Review of Guatemala was organized at the end of June. \n<\;p>\;UNCTAD\, the Guatemalan Ministry of Economy (MINECO) and the Center for the Action of Corporate Social Responsibility in Guatemala (CentraRSE) organized a meeti ng to present and discuss proposals for a guidance for sustainability repo rting for companies in Guatemala and a guidance for the preparation of a c orporate governance code. The roundtable took place on 17 June 2022 in a v irtual format.<\;/p>\;\n\n<\;p>\;The documents presented during th e roundtable represent the start of implementation of Guatemala’s Action Plan for high quality sustainability reporting developed as one of the ma in outputs of the Development Account 11th Tranche Project titled <\;em& gt\;Enabling policy frameworks for enterprise sustainability and SDG repor ting in Africa and Latin America<\;/em>\;.<\;/p>\;\n\n<\;p>\;I n his opening remarks\, Mr. Marco Tulio Molina\, Minister Counselor of the Guatemalan Mission to the WTO and other international organizations\, sta ted that the sustainability reporting guidance and the guidelines for the preparation of a corporate governance code discussed at this roundtable pr ovide great value as a reference for companies in Guatemala.<\;/p>\;\n \n<\;p>\;Mr. Andreas Kuestermann\, Board Director of CentraRSE\, stres sed that “...the importance of promoting a voluntary framework for the c onstruction of Sustainability Reports for companies in Guatemala\, as a fu ndamental milestone for the Sustainable Business agenda because it will of fer tools aligned with essential and forward-looking course of action for Responsible Business conduct at a global level considering our country’s perspective\, priorities\, and initiatives.”<\;/p>\;\n\n<\;p>\; Ms. Isabel Garza Rodriguez\, Economic Affairs Officer of UNCTAD\, highligh ted that the proposed documents consider international best practices as w ell as the specific needs of Guatemala. They aim at strengthening the sust ainability reporting infrastructure in Guatemala and promoting comparabili ty and reliability of the information.<\;/p>\;\n\n<\;p>\;Represent atives from the Ministry of Economy (MINECO)\, the Center for the Action o f Corporate Social Responsibility in Guatemala (CentraRSE)\, the Professio nal Body of Public Accountants and Auditors of Guatemala\, the Coordinatin g Committee of Agricultural\, Commercial\, Industrial and Financial Associ ations (CACIF)\, the Planning and Programming Secretariat of the Presidenc y (SEGEPLAN)\, the National Stock Exchange (BVN)\, the Registry of the Sec urities and Merchandise Market\, and the National Competitiveness Program (PRONACOM) provided comments and suggestions to enhance the proposals and further adapt them to the national needs.<\;/p>\;\n\n<\;p>\;In add ition\, another roundtable to discuss recommendations to improve the proce ss to collect data to measure the contribution of the private sector to th e SDGs with a view to include it in the Voluntary National Review of Guate mala was organized at the end of June.&\;nbsp\;<\;/p>\;\n\n\nView m eeting on unctad.org\nhttps://unctad.org/meeting/roundtable-discussion-rei nforce-guatemalas-sustainability-reporting-ecosystem DTSTAMP:20260707T093823Z END:VEVENT END:VCALENDAR