Economy

Sofia Kounenaki Efraimoglou: Sustainable business strategies are a prerequisite for financing

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As the EBEA president mentioned, the successive crises experienced by Europe in recent years – the pandemic, but also the energy crisis, which is now underway – have highlighted the need for administrations to turn to sustainable business strategies.

In the importance of adopting the principles of Sustainable Entrepreneurship from businesses to deal with the major issues that concern modern societies but also the challenges they face in this adaptation, mentioned the president of EBEA Ms. Sophia Kounenaki Efraimoglou in her speech, at the conference of the Greek-French Chamber of Commerce and Industry on the subject “ESG and Sustainable Development”on Thursday, September 22.

As the EBEA president mentioned, the successive crises experienced by Europe in recent years – the pandemic, but also the energy crisis, which is now underway – have highlighted the need for administrations to turn to sustainable business strategies. While focusing on the issue of financing, as sustainability – as assessed by the relevant indicators – is an increasingly essential factor in the process of granting credits and evaluating investments and with the new CSRD directive reinforced obligations and specific reference standards are introduced at European level – with a broad field of application that also includes small and medium-sized listed companies.

“As the Athens Chamber of Commerce and Industry, we actively support the adoption of sustainable entrepreneurship standards and strategies by our member companies” emphasized Ms. Sofia Kounenaki Efraimoglou, concluding her speech. “Our particular focus is on encouraging and guiding smaller businesses to incorporate sustainability criteria into their strategy and daily practices. We are concerned with the formation of standards that respond to the data of small and medium enterprises. We are concerned with issues such as timely training and information, managing the cost of compliance and more.

The question for us is not just to enable companies to adapt to disclosure obligations but to formulate structured and sustainable strategies, depending on their size and activity.”

RES-EMP

EBEAnewsSkai.grSofia Kounenaki- Efraimoglou

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