They seek to strengthen the competitiveness of Panamanian companies

The Investment Attraction and Export Promotion Authority (Propanema) and System B Central America and the Caribbeantoday they signed an agreement on inter-institutional cooperation to support and strengthen competitiveness and measure the social and environmental impact of companies and entrepreneurs in Panama.

This agreement seeks to promote sustainability in business and entrepreneurial sectorthrough the promotion of responsible and sustainable practices, and the implementation of tools for measuring social and environmental impact.

In that sense, Ambassador Carmen Gisela Vergarageneral director propane He explained that “it is a priority for Panama to continue to be an attractive country for investment, and with this type of agreement, it seeks to strengthen the goal of being a sustainable investment center that promotes the growth of an inclusive, fair and prosperous society. B Corps is a business model that generates, in addition to economic growth , social welfare and environmental responsibility. This is what we want for our country.”

Propane and System B Central America and the Caribbean, together will offer training and workshops on the use of free tools, which are adapted to all types and sizes of companies to assess the social and environmental impact of business. This will increase your competitiveness by improving your performance, reducing risk and increasing market preferences.

President of System B Central America and the Caribbean, Paulina Rodríguez, pointed out that “System B strives to create awareness of the role of companies in building prosperous societies, which implies measuring their influence and responsibility in their management. There is no future for any business if we don’t take care of building it. We invite companies to seek triple impact: economic, social and environmental, and confirm that this business model is highly valued by talent, investors and consumers.”

Both institutions emphasized that this agreement represents a a great opportunity strengthen their cooperation and continue to reflect the commitment of the Panamanian business and entrepreneurial sector to sustainability and sustainable development and the key role that institutions play in promoting responsible and sustainable business practices.

The parties agree to support, promote and facilitate cooperation between their business groups in order to achieve the desired goal, as well as to determine specific areas of cooperation and encourage the exchange of information between them and their corporate communities.

system B is part of an international network of non-profit organizations working to transform the global economy for the benefit of all people, communities and the planet. It promotes the movement throughout Latin America, including Central America and the Caribbean (Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama and the Dominican Republic).