Empresas Copec receives “La Voz del Mercado” award for third year in a row
October 29, 2021 at 05:47 pm EDT
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The Company was considered one of the three best rated companies in the country in terms of corporate governance. Promoted by EY and the Santiago Stock Exchange, "La Voz del Mercado" is a survey of directors, investors, intermediaries and analysts, among other opinion leaders, to "take the pulse" of how they perceive the quality and governance practices of organizations listed on the Santiago Stock Exchange.
Eduardo Navarro, CEO of Empresas Copec, thanked the award and reiterated that it will continue to strengthen its governance structures, which are the basis for business development based on transparency and dialogue. He also pointed out that it represents an incentive to always remain "at the forefront" and move towards a "sustainable future that brings well-being to all".
"La Voz del Mercado" rates companies under five pillars: business strategy, control environment, transparency, fair and equal treatment, and sustainability management. In addition, it identifies the main focuses to be addressed by boards of directors in the context of the country's current situation. Along with Empresas Copec, Banco Santander and Viña Concha y Toro also received awards in 2021.
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EC - Empresas Copec SA published this content on 29 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 October 2021 21:45:09 UTC.
Empresas COPEC SA is a Chile-based holding company engaged, through its subsidiaries, in the energy and natural resources sectors. The Companyâs operations are structured into four business sectors: the Forestry Business. Fuels Business, Fishing Business and Other Investments. The Company operates in the forestry business through its affiliate Arauco, which produces wood pulp, panel and sawn lumber. The Companyâs fuel business is focused on the liquefied fuels, lubricants, and liquefied petroleum gas and natural gas markets. The Company operates in the fishing business through its affiliate Pesquera Iquique - Guanaye, which produces fishmeal, fish oil, canned and frozen seafood for human consumption. The Company has productive platforms in Argentina, Brazil, Canada, Colombia, the United States and Uruguay. On April 11, 2014, the Company with Inversiones Ultraterra Ltd sold their total stake in Empresa Electrica Guacolda to AES Gener.