By: Pacífico Seguros
Libélula and nexos+1 organized the Latam 2023 Forum with +1,1120 participants from 30 countries, in virtual and face-to-face modalities.
Pacífico Seguros hosted the Conference “Decarbonizing the investment portfolio”, organized by LACADI.
Climate change and its consequences are already beginning to be felt around the world. An example of this is the passage of Cyclone Yaku through our country and the possibility of more frequent natural events. How to stop it? The private sector can be an important part of the solution, particularly the financial sector.
During the workshop “Decarbonizing the investment portfolio.» organized by the Latin American Climate Assets Disclosure Initiative (LACADI), as part of the Nexos+1 Latam 2023 Forum, at the Pacífico Seguros facilities, the progress and challenges were discussed.
“The connection of the financial system with climate action is to understand the power of influence that investors have on the decisions of the companies that come to ask for capital and transact, making the behavior of companies change towards a more sustainable economy.” commented Aldo Franciscolo, Senior Advisor, Senio
For her part, Marian Buraschi, Director of nexos +1, indicated that the greatest opportunity is that the financial sector can accelerate the transition, balancing disinvestment in certain sectors and choosing to finance strategic sectors and projects with opportunities to launch products and services that promote electric vehicles, sustainable housing, among others.
In the case of Pacífico Seguros, which has been measuring and offsetting its carbon footprint for more than 10 years, being the first carbon neutral financial institution in Peru, he says that there are challenges ahead.
“We know that measuring our footprint is not enough. We are deploying a strategy of ESG integration in our investment decisions, promoting the disclosure and incorporation of sustainability practices in the companies in which we invest, which today amount to more than 400 debt issuers.”,
commented Melissa García, Marketing and Sustainability Manager of Pacífico Seguros.
The conference, which included a practical session on the measurement of investment portfolio issues, was attended by more than 100 spectators, both in person and online, from countries such as Colombia, Ecuador, Costa Rica, Argentina and the United States.
The full conference can be viewed at:
