As part of the next phase of the StrongerBC economic plan and as part of the return of well-paying jobs for individuals and families in British Columbia, Ravi Kahlon, Minister of Jobs, Economic Recovery and Innovation, will undertake a 10-day trade mission to Europe.
Starting May 22, the mission will see the Minister meet with key public and private sector partners in five European countries, building on British Columbia’s reputation as a leader in ESG (environmental, social and governance).
“As we begin to take the next steps out of the challenges of the past two years, we are entering a new world with a rapidly changing global economy,” Kahlon said. “That’s why I’m building on my recent trip to the United States and bringing our StrongerBC economic plan to Europe to meet emerging businesses and industry leaders who are drawn to BC’s position. as a climate leader with strong ESG credentials. This trip will help create well-paying jobs for individuals and families here in British Columbia and position our province as a leader in attracting global investment.
The Minister will meet with partners, investors and government officials from the Netherlands, England, Ireland, Germany and Finland. Topics will include areas of mutual interest, such as agri-technology, solid wood, life sciences and bio-manufacturing, the emerging hydrogen sector, clean energy solutions and new technologies for improve supply chains.
Announced in the StrongerBC Economic Plan, the new ESG Center of Excellence will provide support for BC businesses to develop, promote and market their goods and services under a globally respected provincial ESG brand. The center will help companies increase their ability to meet international ESG standards and reporting requirements, be competitive and increase business opportunities.
“It is critical that organizations intentionally integrate ESG into holistic business strategies and reporting, and the ESG Center of Excellence will help promote ESG principles within British Columbia,” said Lori Mathison, President and CEO, Chartered Professional Accountants British Columbia. “As companies strive to meet these ESG standards, our economy will be even more sustainable and resilient, and the ESG Center of Excellence will help create a cohesive provincial strategy for international markets.
Alongside this trip to Europe, the department will launch an extensive outreach program to meet with businesses, industry groups, Indigenous leaders, academics, financial institutions, non-profit organizations, regulators and others. to find out how the center can help maximize competitiveness and increase investment. , business activity and jobs for British Columbia businesses.
Interest in ESG-conscious investing is growing internationally as concerns about the climate crisis, cybersecurity, corruption and systemic discrimination continue to grow. Beyond returns and shareholder revenue, markets are looking for investments that align with long-term global goals, such as the Paris Agreement, the United Nations Sustainable Development Goals and social fundamentals, environmental and governance.
The StrongerBC Economic Plan moves British Columbia forward by tackling today’s challenges while building an economy that works for everyone. The long-term plan builds on British Columbia’s strong economic recovery and aims to address two long-standing challenges – inequality and climate change – by closing the skills gap, building resilient communities and helping businesses and people make the transition to clean energy solutions. The plan sets out two main goals for the province – inclusive growth and clean growth – and proposes six missions to keep British Columbia on track.
Learn more about the StrongerBC Economic Plan: https://strongerbc.gov.bc.ca/plan