Engineer Essam El-Naggar, President of the GOEIC, participated in a session titled "From Disclosure to New Markets: How can Environmental, Social and Governance (ESG) and Sustainability Criteria Become a Competitive Advantage for Exports?" as part of Egypt Sustainable Business Week. The session featured the participation of business leaders, experts, representatives from financial institutions, and other relevant stakeholders.
The session addressed how Environmental, Social, and Governance (ESG) Criteria, along with disclosure and sustainability practices, can be leveraged to enhance companies' capability to access foreign markets and effectively transforming the compliance with these criteria into added value that reinforces export competitiveness.
The participation GOEIC’s President comes as part of an effort to enhance the competitiveness of Egyptian exports and align them with the requirements of international markets, including relevant quality and sustainability standards, thereby supporting the ability of Egyptian products to access foreign markets.
The session was held as part of the event, "The Green Economy as a Driver for Investment, Competitiveness, and Sustainable Growth", that witnessed specialized discussions and presentations on green finance, sustainable exports, circular economy, and digital innovation, highlighting the opportunities these areas offer for attracting investment and developing businesses.
The event also provided opportunities for communication and business meetings among participants, as well as exchanging expertise on transforming sustainability challenges into practical opportunities for investment and growth, and building partnerships that support the transition toward a more sustainable economy.
The discussions highlighted the importance of collaboration among the Business Sector, financial institutions, experts, and relevant stakeholders in linking sustainability goals with financing opportunities and business development, as well as enhancing competitiveness in international markets.