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-How relevant is it for the corporation to have a sustainability strategy?

I would say it’s inherent to the way Intercorp has historically done business. We have always had a vision of generating value for communities and promoting the emerging middle class. Having the (sustainability) strategy has allowed us to complement the view we already had.

-There are four fronts. Which would you describe as the most inherent to the group?

The economic axis, which is closely related to the company’s footprint throughout the country in different businesses. The most important thing is the number of collaborators, which are more than 100 thousand. We generate 4.2 jobs indirectly for every direct job. That is the most tangible impact we have as a group. We also have an important role in accompanying Peruvian mypes. We have proposed that the different platforms be clear about how they impact MSEs.

-This allows, I understand, a two-way benefit. How does it work for the retail sector?

We have a program called Perú Pasión, which has changed over the years. It was born as a program that promotes agricultural production chains in the Mantaro Valley. Until today we have ‘sellers’ who have been so successful that they sell to the competition. But, as I said, today we focus on being a central seller. We have increased the number of ‘sellers’ when we have given them access to the virtual commercial platform. So, today you have access to millions of customers on Plaza platforms Oeschle, Promart, Real Plaza GO and others.

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The business conglomerate focuses on raising its recycling standards. (Photo: Diffusion)

-In the case of the axis of reducing the impact on the environment, what initiatives do you have planned?

What the theory tells you is that the company does nothing until the regulator forces them. We, at Intercorp, decided that we were not going to wait for the regulator to come. That’s why we define our ‘non-negotiables’. We want 100% of our companies to measure their carbon footprint, manage it and establish their reduction goals. That they know what percentage of their energy matrix is ​​non-renewable. And we also want to address the issue of waste. We want companies to reduce their waste and have recycling standards of at least 50%. If we start doing it, it will have a multiplier impact. 90% of our companies measure their carbon footprint and little by little we require it from our suppliers.

“An energy efficiency or solid waste action generates savings. They are opportunities to generate efficiency in the business. As Intercorp, we want to reduce our carbon footprint by 20% by 2025.”

-They also have the axes of society and integrity.

Yes. In fact, we have won the Transforming Companies award for our shared value programs. One of them is with the Aviva clinic. They have a vaccination program with which we give a practically free vaccine to anyone who requests it and knows the clinic. I generate well-being for society and, at the same time, I have a positive impact on the business. Another program is the food donation program from Peruvian Supermarkets. Since the program began, nearly 80 million food portions have been donated. It generates well-being because you feed more than 70 thousand people every week. The impact these programs have is super tangible. It is important for us to encourage companies to know what shared value they are generating.

“This year we decentralized our sustainability strategy and took it to several regions. We make companies in the provinces compete for sustainability projects. We have generated culture in each of the regions. The sustainability challenge was won by Pucallpa, but we are also executing projects in Chiclayo”

-In the framework of your strategy, what space do Works for Taxes (OxI) have?

It is one of the key points. We are committed to OxI to promote each of our sustainability axes. Today we have more than S/690 million invested in OxI in more than 20 executed projects. Today we have schools, but for some years we have been pursuing investing in OxI for solid waste management in Peru. There are still many gaps to be able to execute these projects, but OxIs are a way in which we love to invest in Intercorp.

-What specific long-term objectives do you have under your sustainability strategy?

We want Perú Pasión to train 10 thousand mypes by 2025. And then we want each of the companies to have a triple impact program.

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