Corporate Sustainability for an Effective Governance

Corporate attorney Sofía Carvajal published a column in Asuntos Legales analyzing key points for companies related to Sustainability and Responsible Corporate Conduct (SCER). Ms. Carvajal comments that corporate governance policies and practices are often less understood in practice, because of which Colombia's Superintendency of Corporations, Confecámaras and the Bogotá Chamber of Commerce recently published a guide offering best practices in this area. This article suggests that companies designate a management team, regularly evaluate the efficacy and applicability of SCER standards and implement an action plan that includes specific activities and estimated timelines of execution.

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