Empresas Copec S A : is part of the S&P IPSA ESG Tilted Index
January 25, 2021 at 08:54 am EST
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S&P Dow Jones Indices and the Santiago Stock Exchange this week announced the launch of the S&P IPSA ESG Tilted Index, which joins the global family of ESG indexes from S&P DJI, and is based on some of the most important benchmarks regionally and globally.
The index follows selection criteria based on rules that are based on relevant ESG principles in order to select and weight the components from the S&P IPSA, Chile's main stock market index. Thus, it measures performance of some of the largest and most liquid stocks listed on the Santiago Stock Exchange, with the aim of offering investors specific exposure to the Chilean stock market while providing a considerable boost in the ratings that measure their ESG management performance.
Empresas Copec is one of the 26 Chilean firms that make up the new index. 'The recent creation of this index at the local level reflects the importance for all market agents, both national and foreign, that companies continue to make progress in terms of sustainability. Certainly, for us to be part of this indicator is a recognition of our performance and good ESG practices,' says Pamela Harris, Deputy Manager of Corporate Affairs at Empresas Copec.
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EC - Empresas Copec SA published this content on 22 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 January 2021 13:53:07 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.
EMPRESAS COPEC S.A. 
