The Business Year Special Report
Paulo Pantigoso, Country Manager Partner, EY Peru
With a large global network, EY Peru strives to connect the challenges of its clients with the power of its solutions and knowledge.
How important is longevity to the building of business relationships in the country and distinguishing EY from its competitors?
EY Peru celebrates its first 60 years in Peru with a market position that is reflective of its continuous efforts to improve by providing its clients, friends, and the business community in general with access to knowledge. EY Peru continuously strives to connect the challenges of our clients with the power of the solutions that we provide locally, as well as across the global EY network. We strive to remain up to date and provide high-quality services with added value and passion to serve as if we were the clients ourselves. A successful entrepreneur projects its success onto society, meets the demands of their stakeholders, grows, provides employment, becomes international, and pays taxes, and, therefore, we measure our success through the success of those we help. If they win, we all win. In the last six years, we have taken a different path by sharing the development of soft skills and humanistic training with our own stakeholders. Therefore, we try to share culture as a whole and, within it, historical events so that we create a better future by learning about the past in a fun and scientific way.
What does Peru bring to EY’s global portfolio?
We are proud to develop solutions in EY Peru that are successfully applied in several countries across our global network, mainly in Latin America, but also in the US and Switzerland as well. Today, we share and receive recognition via the specialties in improving the operations and the results of the companies we serve, through various solutions in our areas of consultancy, taxation, strategy, transactions, and integrity. If we measure the performance of EY Peru through a trade balance between countries with an EY presence, EY Peru has a net exporting presence of services, greater than those that are imported. This is because of the fruitful exchange of solutions that we provide. We set aside a portion of the annual budget for innovation and to attract talent that allows us to renew our usual curiosity for what is new, disruptive, interesting, efficient, and offers a financial return for our clients and for us, always with the viewpoint of respect and care for what is socially responsible. In particular, we like to support undertakings at the forefront of technology and digital transformation that contribute to industry or business shifts.
“We are proud to develop solutions in EY Peru that are successfully applied in several countries across our global network,
mainly in Latin America, but also in the US and Switzerland as well.”
How is EY engaging with this issue of sustainability?
We address the issue of sustainability through our loyal support to the sustainability of our clients’ businesses. We need a healthy and thriving economy with successful clients. Therefore, we share efforts in each economic cycle, and we directly help society when the need for it is evident. For example, in 2020 we donated an oxygen plant to a Peruvian state hospital, and we also donated 250 tablets to a rural public school, among others. What is more, our nearly 1,800 contributors actively support at least 20 different sustainability initiatives in schools, parishes, shelters, and so on. However, perhaps where we can have the greatest impact is working with dedication to provide a culture of sustainability to our clients and friends and to assist clients in exceeding their goals and be successful in order for us to also form part of their success.
As a leading consultancy firm, which sectors are performing best in this area?
All sectors have distinguished performers, but the most successful ones are in mining, agribusiness, banking, and energy. Once we push through the pandemic, hotels and tourism also have great potential given the Peru’s rich history and culture. It is advisable for these companies to have a solid sustainability program that goes hand in hand with the necessary digital transformation. For example, during the pandemic, some telemedicine and delivery services had to upgrade their own sustainability regarding the quality of the products and services they provided.