IMPACTA participated at the 2nd ESG conference organized by the AmCham

The second AmCham ESG Conference was held on December 12, 2023, stands as a noteworthy milestone in advancing the corporate sector's sustainability in North Macedonia, supported by the Center for International Private Enterprise.

Maria Tsiadi, CEO of Impacta Consulting, gave a lecture providing an overview of the EU’s regulatory agenda for ESG standards and its relevance to the corporate sector in non-EU countries.

“These regulations, aimed at encouraging sustainable practices, regulating finance, and ensuring ethical corporate behavior, are reshaping the global business landscape. Non-EU countries are compelled to adapt under this new regulatory framework, as companies operating internationally must adhere to these standards to effectively engage in the EU market. They must align their financial and corporate practices with the EU ESG criteria, causing a significant shift in the paradigm of international business norms and a growing global commitment to sustainable and socially responsible practices,” noted Mrs Tsiadi.

The discussion regarding ESG-related regulations in the Republic of North Macedonia continued with the participation of representatives from the National Bank, the Macedonian Stock Exchange, the Ministry of Finance, and the Ministry of Environment and Physical Planning (MOEPP) in the panel titled “Identification of key factors for establishing a suitable ESG environment.”