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Analysis

Latin America – Stakeholder capitalism and ESG in Latin America: new leadership, challenges and opportunities (Diego Bustamante, Joe Myers, WEF)

  • The latest session of the Regional Action Group for Latin America looked at stakeholder capitalism and ESG in the region.
  • It included remarks by the President of Ecuador, Guillermo Lasso, on his new “Government of the Encounter’s” priorities. He highlighted how companies should be fully integrated across the social and sustainable development purposes of the country.
  • The work of the private sector and the World Economic Forum in defining standardized frameworks and principles for ESG (Environmental, Social and Governance) is already being used by businesses across the region.
  • Business and government leaders shared the challenges and opportunities in the road towards expanding and enabling ESGs adoption in Latin America.

Stakeholder capitalism and ESG in Latin America: new leadership, challenges and opportunities | World Economic Forum (weforum.org)