Reybanpac, in a business alliance, promotes governance, transparency, and sustainability as core values

The Steps with Future Business Alliance, comprising Grupo Difare, Veolia, Reybanpac, and Unilever, held its last event of the year with the conference “Compliance and Sustainable Finance,” a space for reflection on regulatory challenges and sustainability opportunities in the country.

The meeting, aimed at business leaders, NGO representatives, and academics, featured Santiago Reyes, CEO of Compliance Ecuador, and Fausto Ortiz, president of the Guayaquil Stock Exchange, who addressed key issues such as corporate governance, business transparency, and the need to integrate sustainability as a long-term strategic focus.

Leonardo Viteri, Vice President of Corporate Affairs at Reybanpac, emphasized that “Steps with Future is more than an alliance, it is a shared path toward a more just and resilient Ecuador.” Viteri also highlighted the commitment to promoting sustainability through collective action, with nine panels held to date and dozens of expert voices. “Sustainability is not a trend, it is a shared responsibility,” was the central message of the event.

Sylvia Banda, Manager of Communication and Corporate Responsibility at Grupo Difare, concluded by saying that "Steps with Future is a voluntary initiative that promotes sustainability through good business practices. Our primary objective is to foster shared value alliances and inspire an ethical sector with a clear vision of the future. Therefore, we invite more companies and organizations that share the global goal of building a more responsible and prosperous tomorrow."

During the conference, it was emphasized that sustainability must be understood as a balance between economic, social, and environmental factors. Regulatory compliance is now a decisive factor in accessing international markets, especially in sectors such as tuna and cocoa, which depend on European regulations. In addition, Santiago Reyes, from Compliance Ecuador, stated that “consumer confidence is more important than short-term profitability, and profitability must be equal to sustainability and compliance, because without ethical leadership, it does not work.”

For his part, Fausto Ortiz, president of the Guayaquil Stock Exchange, said that “talking about sustainable finance and compliance in Ecuador has taken too long to arrive.” In this context, he reveals that in 2025, placement through the stock market will approach $20 billion, but he advocates for greater growth, saying that “banks finance companies ten times more than the stock market does.”

The Steps with Future business alliance, through its representatives, members of leading organizations in their respective sectors (agribusiness, pharmaceuticals, mass consumption, and services), invites actors from other economic areas to continue joining forces and finding common ground that promotes the development of communities and society as a whole.