The global warming projections presented in the AR6 Synthesis Report: Climate Change 2023, a summary of the IPCC’s Sixth Assessment Report (Intergovernmental Panel on Climate Change), highlight the urgent need for decisive action against climate change. The goal is to redirect policies and strategies toward the most optimistic warming scenario, ensuring that the temperature increase does not exceed 1.5°C by the end of the century.
For this initiative to succeed, the participation of the private sector and the international community is essential to ensure compliance with the global commitment to climate action.
Cox, always guided by the premise of creating innovative technological solutions for sustainable development and contributing to social well-being, joins this global challenge in the fight against climate change and its effects. The company is increasing the presence of renewable energy in the countries where it operates and ensures access to clean water in disadvantaged areas.
This commitment is reflected not only in our deliverables but also in the way it operates. In this regard, Cox’s Sustainability Strategic Plan includes objectives aimed at reducing greenhouse gas (GHG) emissions from its activities and improving efficiency.
To achieve this, short-term objectives are outlined in the 2024-2028 Strategic Plan, which focus on improving energy efficiency, using renewable energy, reducing emissions, and avoiding emissions in energy management.
Luis Arizaga Zárate
Independent Director
Member of the Audit Committee
Date of appointment: September 17, 2024
Shareholding in Cox Abg Group, S.A.: 11,514 shares
Partner of Exus Management Partners (Exus) and GenuX Power, a global renewable energy platform with offices in nine countries, managing 11GW of installed capacity, including 2.6GW in Mexico between wind and solar energy projects. Holds a Master of Business Administration (MBA) from the Leonard N. Stern School of Business at NYU in New York, and a bachelors degree in Accounting and Finance from ITESM in Mexico.
Prior to joining EXUS in 2019, he founded EIRA Capital, an investment platform focused on Energy and Infrastructure transactions in Mexico, and Latin America. He was also part of Australia’s Macquarie Group in Latin America, where he spent more than 7 years in the Macquarie Capital and Macquarie Funds divisions, working on fund capital raising, equity investments, asset management activities, as well as third party advisory roles on energy and infrastructure transactions in Mexico and Latin America. During his years at Macquarie, he also held board positions in the several investments made by Macquarie which covered energy, public private partnerships, roads, and telecom companies. In addition, his previous involvement at financial institutions include positions in the investment banking teams of Deutsche Bank’s M&A group in New York, and Citibank’s M&A group in Mexico.
Other former relevant positions include his role as independent member of the investment committee of the Instituto del Fondo Nacional de la Vivienda para los Trabajadores (Mexican mortgages and housing government agency).
Enrique Riquelme Vives
Presidente Ejecutivo
Fecha de nombramiento: 17 de septiembre de 2024
Participación en el capital social de Cox Abg Group, S.A.: 50.601.230 acciones
Presidente Ejecutivo de Cox, tras iniciar su andadura profesional en el sector inmobiliario y de la construcción, en 2010 fundó Grupo El Sol en Panamá, especializado en operaciones de minería, cemento, infraestructuras y energía. Con el tiempo, la empresa se convertiría en el mayor proveedor de arena de la UTE responsable de la ampliación del canal de Panamá. Posteriormente, pasó a liderar las fases de oferta y desarrollo de Rainbow 50: el proyecto fotovoltaico de mayor envergadura ejecutado en América Latina hasta aquel momento.
Ha recibido varios galardones por su contribución al mundo empresarial en España, entre ellos el Premio del Certamen Nacional de Jóvenes Emprendedores 2018. También ha sido distinguido como uno de los «100 latinos más influyentes comprometidos con la acción climática» y uno de los «100 españoles más creativos del mundo de los negocios» según la revista Forbes. Actualmente, es miembro del Consejo Internacional de la San Telmo Business School y preside el Consejo Asesor de la Fundación Scholas para Panamá, Centroamérica y Caribe.