Connect with us


61% of Galicia’s GDP is ESG Screened

The document Galician Atlas of the committed company addresses, among other subjects, the corporate governance of companies, their environmental policy, and how companies relate to people, classic ESG variables. There is also a fourth chapter called the environment. The issue of commitment to Galicia is evaluated within this area. The report will be presented on February 24th.



Inditex and 60 other Galician companies, whose turnover is equivalent to 61 percent of the Galician GDP, pass the ESG exam that Economía Digital Galicia convened for the third edition of the ‘Galician Atlas of the committed company’. The project director, Julian Rodriguez Moscoso, and his team pose a test to Galician companies with severe questionnaires.

For example, commitment to Galicia is one of the variables analyzed by the atlas. That is how Rodríguez Moscoso explained it in the latest podcast of Social Investor, the ESG portal of The report analyzes the commitment of local companies to this autonomous community and to a joint solution to the problems of humanity.

“In Economía Digital Galicia we are committed to local information and to providing information value with the closest environment. Therefore, when measuring the commitment of companies, we also do it with what is closest to them. This is the core of the Galician Atlas of the Committed Company,” said Rodríguez Moscoso.

Read more on the subject and find the most important business news of the day with the Born2Invest mobile app.

The attention given to the Galician language

This commitment to the land can be seen through elements such as social action (“what used to be the old social work of the savings banks”), the use of local suppliers, and also in the attention given to the Galician dialect.

But this is not the only issue analyzed in the report, the results of which will be presented on February 24th in Santiago de Compostela.

Classic ESG variables

The document also addresses the corporate governance of companies, their environmental policy, and how companies relate to people, classic ESG variables.

There is also a fourth chapter called the environment. The issue of commitment to Galicia is evaluated within this area.

To produce the report, Economía Digital Galicia has tried to start from the messages that companies try to place about their sustainability policy to delve deeper into the subject.

“We have tried to analyze the CSR of companies, but not in a conventional way. Because (CSR) is almost a marketing tool for many companies. So we decided to turn it around. Instead of companies selling us and telling us about their CSR projects, we are going to ask them about CSR, but in the areas we want,” says Rodríguez Moscoso.

Gender parity beyond the board of directors

One example of the proactivity of this report is related to gender parity.

“We think it’s great that companies tell us about parity on boards of directors. But we are also interested in parity in the management committees, that is, in the second line,” says the head of Digital Economy Galicia.

The report Atlas Gallego de la Empresa Comprometida will be presented on February 24th in an event that will be attended by the economic vice president of the Xunta de Galicia, Francisco Conde; the president of the confederation of businessmen of Galicia, Juan Manuel Vieites; and the director of the report, the economist Marcelino Fernández Mallo.

It will be broadcast on streaming by Economía Digital Galicia and Youtube. It will reveal the companies that lead sustainability in Galicia.


(Featured image by krystianwin via Pixabay)

DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our disclaimer for more information.

This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.

First published in Social Investor, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us.

J. Frank Sigerson is a business and financial journalist primarily covering crypto, cannabis, crowdfunding, technology, and marketing. He also writes about the movers and shakers in the stock market, especially in biotech, healthcare, mining, and blockchain. In the past, he has shared his thoughts on IT and design, social media, pop culture, food and wine, TV, film, and music. His works have been published in,, Seeking Alpha, Mogul, Small Cap Network, CNN,, among others.