Sustainability
Vestex Guatemala integrates sustainability within its strategic axes through several key initiatives that align with the three ESG pillars working on key issues such as environmental, labor and OHS compliance.
What is it?
According to the United Nations (1987)It is development that meets the needs of the present without compromising the capabilities of future generations, ensuring a balance between economic growth, environmental care, and social welfare.
What are the ESG criteria for sustainability?
ESG criteria are a global concept that includes areas that are inextricably linked to each other, Environmental, Social and Governance, being corporate actions linked to responsibility and sustainability.
Environmental
It is the efficient management of natural resources in productive activity, allowing their preservation for future needs, through energy saving, water saving, non-use of fossil fuels or waste reduction.
Social
Guarantees that workers in the apparel and textile industry work within the framework of local and international labor legislation, safeguarding the health and safety of workers, as well as respecting human rights.
Governance
The promotion of good governance guides companies towards business ethics, the fight against corruption and the pursuit of transparency for good performance and decision making.
The integration of these principles not only helps to protect the environment and strengthen compliance with labor conditions, but can also offer competitive advantages to companies by meeting growing consumer demand for more responsible products.
