Over 300 global leaders attend inaugural Global Sustainability Summit

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  • Event organized by EY and Ibero-Amercian General Secretary, in collaboration with Institute for Diversification and Energy Saving (IDAE).

MADRID, MOSCOW, 1 February 2012 - The first annual Global Sustainability Summit has drawn to a close, with governments, businesses and academics agreeing that the development of any future economic models must be based around solid sustainable policy, if long-term growth is to be achieved.

During the two day event delegates heard from 49 high profile speakers from over 20 countries including Spain’s new Secretary of State for Commerce, Jaime García-Legaz, former Prime Minister of Spain, José María Aznar, the Secretary of Energy of Mexico, Jordy Herrera Flores, Minister of Commerce and Competitiveness of Spain, Luis de Guindos Jurado; the Minister of Energy, Environment and Telecommunications of Costa Rica, René Castro Salazar, Minister of State for Environment of Spain, Federico Ramos de Armas and the former Minister of the Economy of Argentina, Roberto Lavagna.

There was also strong attendance from international companies including President of Acciona Energy, Carmen Becerril, Corporate Vice President of Toshiba, Kiyoshi Okamura, Chairman and CEO of Repsol, Antonio Brufau Niubó and President of NH Hotels, Mariano Pérez Claver.

A range of issues were discussed at the Summit, including the role of nuclear power in a low carbon economy; how renewable technology can drive economic growth, the role of sustainable policies within an economic crisis; the impact of carbon markets; and how transparency through sustainable reporting would help the economy as a whole.

Juan Costa Climent, Global Climate Change and Sustainability Services Leader at EY, stressed the importance of the Summit given the uncertain economic times, commenting, “these discussions have helped crystallize the concept of sustainability as a global issue that involves the economy, the environment and society. The public sector needs to work with private enterprise to establish a global framework that allows for growth, while managing the use of natural resources, to ensure a sustainable economy is created for future generations”.

“We are convinced that Russia and the other CIS governments will respond to the sustainability challenge by creating practical national mechanisms to encourage businesses to embrace environmental and social innovations and employ transparent practices in public reporting on their implementation,” adds Ksenia Leschinskaya, head of CIS Climate Change and Sustainability Services, EY.

To watch videos of the sessions from the Global Sustainability Summit, visit: www.ey.com/es/GlobalSustainabilitySummit.

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EY expands its services and resources in accordance with clients’ needs throughout the CIS. 4,000 professionals work at 18 offices in Moscow, St. Petersburg, Novosibirsk, Yekaterinburg, Kazan, Krasnodar, Togliatti, Yuzhno-Sakhalinsk, Almaty, Astana, Atyrau, Baku, Kyiv, Donetsk, Tashkent, Tbilisi, Yerevan, and Minsk.

For more information, please visit: www.ey.com.