The Fastest Way to Improve ESG in Latin America: Women on Boards

By Luisa Palacios

Gender-diverse corporate boards are a low-cost solution to bring the region to global standards.

The framework for environmental stewardship, social responsibility and corporate governance, or ESG, remains a work in progress in Latin America. The region is starting to catch up, but adoption of ESG practices will require time and money as it entails a different way to assess operational and financial risks and opportunities. But there is a key component with the potential to bring high ESG returns at very low cost: increasing the share of women on the boards of directors of companies in the region. This is an ESG metric where Latin America does poorly at a global level. While...

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