of economic or investment activities that contribute to achieving Guatemala’s social objectives. Its purpose is to provide a clear signal to financial institutions, corporate enterprises, investors, and other stakeholders, facilitating investment decisions that generate social impact and investment returns. The taxonomy functions as a voluntary classification tool that helps identify projects and investments with social impact, aligned with clear and measurable criteria. Its application facilitates the segmentation of target populations, the design of financial instruments such as social bonds, and the generation of standardized impact reports. Banks, financial institutions, anchor companies, and corporations can use this voluntary tool to strengthen their segmentation processes, value chain management, and productive development while improving transparency in measuring social impacts. This approach, designed with the participation of the country’s financial and productive sectors, enables the private sector to contribute concretely to closing social gaps. 12 BUSINESS VIEW CARIBBEAN VOLUME 12, ISSUE 07
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