Corporate Environmental Transparency: Compliance Strategies under the Escazú Agreement

By: Lizbeth Espinosa

The Regional Agreement on Access to Information, Public Participation, and Justice in Environmental Matters in Latin America and the Caribbean, commonly known as the Escazú Agreement, is an international treaty to which Mexico is a party. It promotes environmental conservation and sustainable development by advocating for the rights of access to information, participation, and justice in environmental issues.

As a result of this treaty, competent authorities are obligated to provide public access to environmental information under their control, adhering to principles such as transparency, accountability, equality, non-discrimination, prevention, and precaution, among others.

Therefore, all information submitted to authorities for the purpose of obtaining authorizations will be in the public domain. Moreover, in accordance with the criteria of the Supreme Court of Justice of the Nation and the precautionary principle, efforts are made to ensure that this information is as accurate and comprehensive as possible, establishing a rigorous standard of proof.

As a consequence, it is crucial for companies to maintain a controlled and updated system for the storage and management of environmental information. This, combined with the execution of environmental due diligence, enables the verification of the quality and accuracy of the information presented to the authorities.

At Vega, Guerrero & Asociados, we provide environmental consulting services to effectively meet the standards established by both national and international regulatory frameworks. If you need more information, please do not hesitate to contact us.

Also published in Blackstone Magazine

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