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Tuesday, May 20, 2025

ANSA McAL focuses on Environmental, Social, and Governance principles

by

Joel Julien
970 days ago
20220923
ANSA McAL Group of Companies Group Chief Executive Officer Anthony N. Sabga 111, speaks during an ANSA McAL event, yesterday.

ANSA McAL Group of Companies Group Chief Executive Officer Anthony N. Sabga 111, speaks during an ANSA McAL event, yesterday.

NICOLE DRAYTON

Re­gion­al pow­er­house ANSA McAL is repo­si­tion­ing to place En­vi­ron­men­tal, So­cial, and Gov­er­nance (ESG) prin­ci­ples at the cen­tre of its op­er­a­tions.

This was the an­nounce­ment made yes­ter­day fol­low­ing four days of meet­ings with the re­gion­al con­glom­er­ate's se­nior man­age­ment team at the Hy­att Re­gency Trinidad.

The Port-of-Spain Ball­room was filled with the se­nior man­agers from all of the mar­kets in which ANSA McAL op­er­ates.

ANSA McAL has been around for 140 years and it is hop­ing to use that lega­cy to chart a way for­ward for a sus­tain­able fu­ture.

"Build­ing on a sta­ble, re­silient foun­da­tion, the Group has made a bold move to grow its busi­ness in step with the Sus­tain­able De­vel­op­ment Goals and on the prin­ci­ples of Sen­si­tiv­i­ty to the Nat­ur­al En­vi­ron­ment, So­ci­etal Well­be­ing and Good Gov­er­nance," ANSA McAL stat­ed.

It is al­so plan­ning to spread be­yond the re­gion and be­come a glob­al play­er.

"Be­ing mind­ful of its proud Caribbean her­itage, the Group will have a strong fo­cus on in­ter­na­tion­al growth and in do­ing so, cre­ate a path­way for Oth­er Caribbean com­pa­nies in ways that will gen­er­ate re­gion­al wealth," it stat­ed.

"At the core of the Group's repo­si­tion­ing strat­e­gy is its vi­sion to har­ness its in­trin­sic Caribbean cre­ativ­i­ty and proven re­silience, to build a mean­ing­ful fu­ture for peo­ple every­where," ANSA McAL stat­ed.

This sus­tain­able fu­ture is in line with the group's pur­pose state­ment "In­spir­ing bet­ter choice for a bet­ter world."

Speak­ing to Guardian Me­dia at the event, ANSA McAL Group Chief Ex­ec­u­tive Of­fi­cer An­tho­ny N Sab­ga III said the con­glom­er­ate is com­mit­ted to sus­tain­abil­i­ty.

But what ex­act­ly does sus­tain­abil­i­ty mean to ANSA McAL?

"Sus­tain­abil­i­ty es­sen­tial­ly for us is the preser­va­tion of our en­vi­ron­ment, be­ing re­spon­si­ble cap­i­tal­ists, in­vest­ing where it makes sense in pre­serv­ing or bet­ter­ing a way of life and as­sur­ing a lev­el gov­er­nance and over­sight to en­sure and achieve that," he said.

Sab­ga said ANSA McAL has sev­er­al sus­tain­abil­i­ty ini­tia­tives across the group all of which are mea­sur­able.

"In mea­sur­ing them we will be able to com­mu­ni­cate the im­pact that we are hav­ing on the plan­et and so­ci­ety. Our fo­cus in­cludes waste re­duc­tion, wa­ter preser­va­tion, cli­mate im­pact, mod­ern en­er­gy, peo­ple and com­mu­ni­ties and cor­po­rate gov­er­nance," he said.

Sab­ga said these are not mere words or "green wash­ing" but rather a ver­i­fi­able long-term com­mit­ment from the con­glom­er­ate.


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