Tag Archives: investment

Portuguese companies strengthen ESG commitment to attract investment

News, , , ,

Environmental, social, and governance criteria gain importance in the strategy of national companies, responding to pressure from markets and consumers.

In recent months, several Portuguese companies have intensified the integration of environmental, social, and governance (ESG) policies into their strategies. The goal is not only to comply with European regulatory requirements but also to increase their attractiveness to international investors who are increasingly focused on sustainability.

According to recent reports, sectors such as energy, banking, and manufacturing are leading this movement, implementing measures ranging from reducing carbon footprints to adopting transparency practices in management. Consumer pressure, as customers increasingly value companies with greater social and environmental responsibility, has also contributed to accelerating this trend.

Financial institutions have also played a central role by prioritizing projects with ESG criteria in access to financing. As a result, companies that invest in sustainability secure more competitive conditions and strengthen their credibility in the market.

According to experts, the adoption of these principles will be decisive for the future of the Portuguese economy. Companies that adapt more quickly will be better positioned to compete globally, attract investment, and respond to the demands of a society that increasingly values responsible practices.

Minister of Finance Predicts Economic Growth Above 3% in the Medium Term

News, , , , , , , , ,

Joaquim Miranda Sarmento, the Minister of Finance, expressed optimism regarding Portugal’s economic future, forecasting sustained economic growth with a rate exceeding 3% in the medium term. These positive expectations reflect the Government’s confidence in the structural reforms being implemented and the country’s ability to attract investment and enhance its economic competitiveness.

According to the Minister, the Government’s planned reforms include key measures such as the progressive reduction of the Corporate Income Tax (IRC), which will make Portugal more attractive to both domestic and foreign companies. The reduction in the corporate tax burden is seen as a strategy to encourage the creation of new businesses, boost employment levels, and promote investment in strategic sectors.

Additionally, fiscal simplification is another crucial priority. The Government aims to reduce bureaucracy associated with the tax system, making it easier for companies and individuals to meet their tax obligations. This simplification will allow economic agents to focus more on growth and innovation, directly contributing to the potential increase in the country’s Gross Domestic Product (GDP).

Another important pillar of the reforms is the restructuring of the labor market, which aims to increase flexibility and efficiency in the labor market in Portugal. The Government intends to promote worker qualification, facilitate the transition to new employment areas, and reduce barriers to hiring, thereby creating a more dynamic and favorable environment for economic growth.

In summary, the Minister of Finance emphasized that these structural reforms are essential to consolidating Portugal’s economic growth. The goal of achieving economic growth above 3% in the medium term demonstrates the Government’s ambition to ensure sustainable development, improving citizens’ quality of life and reinforcing the country’s position in the global economy.