The American Chamber of Commerce in North Macedonia (AmCham), supported by the Center for International Private Enterprise, has launched a project aimed at strengthening the role of the country’s corporate sector in building a sustainable and resilient society. The project focuses on integrating ESG principles into business strategies and consists of two main pillars: business awareness and education.
Under the business awareness pillar, activities will include content creation and the development of an ESG booklet. Further, a thematic ESG conference will be organized to promote understanding and share best practices among companies.
The education pillar involves conducting a readiness assessment to evaluate companies’ knowledge and preparedness for ESG implementation. This assessment will be followed by the organization of training courses for companies. The training modules will be tailored based on the assessment results, covering topics such as stakeholder analysis, baseline assessment, and reporting requirements.
The project activities are designed to bridge the knowledge gap, raise awareness, and assist companies in implementing ESG practices.
AmCham aims to be a driving force in achieving an ESG and sustainable investment-compliant corporate sector in North Macedonia. The project’s specific objectives are to familiarize companies and stakeholders with the concept of ESG and to enhance companies’ knowledge and expertise in integrating it into their business strategies. This will increase visibility and understanding of ESG among relevant stakeholders and promote the development of sustainable business models.
Project activities update: Kearney Consulting from Slovenia has been selected to conduct the ESG Readiness Assessment Analysis of companies in North Macedonia to evaluate their knowledge, competence, and preparedness related to ESG practices.
PROJECT RESULTS
ESG Booklet
ESG Readiness & Maturity Assessment
FIRST ESG Conference
SECOND ESG Conference
ESG Committee Engagement
ESG Training Session
| INDICATOR | PROJECT TARGET | OUTCOME |
|---|---|---|
| Number of interviews conducted for the e-Booklet | At least 4 | Total of 4 interviews conducted. Published in e-booklet and media |
| Number of written articles for the e-Booklet | At least 6 | Total of 7 articled written. Published in e-booklet and media |
| Published booklet for ESG | One booklet | Booklet published on 3 languages (Macedonian, Albanian, English) |
| Number of ESG Conferences | Two ESG Conferences | Second ESG conference implemented on December 13th 2023 |
| Number of attendees at the Conference | Up to 80 representatives per Conference At least, 30% of the participants are female | 91 guests and participants on the Second ESG Conference 71% of participants are female |
| Number of media appearances | At least 50 | 53 in total |
| Number of questions and responses in the survey related to readiness assessment | Up to 70 responses | 63 in total |
| Number of conducted interviews related to readiness assessment | Up to 10 | 14 in total |
| Produced Analysis | One Analysis | One Analysis published and promoted |
| Number workshops for ESG Training | 10 workshops | 10 workshop, divided in 2 groups |
| Number of participants in Training | Participants from up to 20 different companies in training | Participants from 21 different companies |
| Number of female participants | At least 30% of the participants are female | 66% female participants |
| Number of sustainable investing policy making / advocacy initiatives in which AmCham takes part | AmCham participates in at least one sustainable investing advocacy / policymaking initiative | Position Paper: Climate Action Law |
Project supported by:
