Sustainability Policies and Practices for Corporate Governance in Latin America / Organisation for Economic Co-operation and Development

Format:

Book

Government document

Author/Creator:

Organisation for Economic Co-operation and Development.

Series:

Corporate Governance, 20776535.

Language:

English

Subjects (All):

Governance.

Local Subjects:

Governance.

Physical Description:

1 online resource (86 p. )

Edition:

1st ed.

Place of Publication:

Paris : OECD Publishing, 2023.

Summary:

This report serves to support the development of Latin America's legal and regulatory frameworks for sustainability disclosure, the responsibilities of company boards and shareholder rights. The report presents the results of two OECD surveys on sustainability practices of listed companies and asset managers in the region. It also draws upon an OECD dataset on the current trends and features of corporate sustainability at the global level.

Contents:

Intro

Foreword

Acronyms and abbreviations

Executive summary

1 Introduction

1.1. The OECD surveys on sustainability practices in Latin America

1.1.1. Survey on Sustainability Practices of Listed Companies in Latin America

1.1.2. Survey on Sustainability Practices of Asset Managers in Latin America

1.2. The OECD Corporate Sustainability dataset

2 Capital market and investor landscape

2.1. Latin America public equity market

2.2. Investors and ownership structure in Latin American public equity markets

2.3. Green, Social and Sustainability (GSS) corporate bonds

2.4. ESG and Climate Investment Funds

3 Sustainability disclosure

3.1. Disclosure and assurance of sustainability information

3.2. ESG accounting and reporting standards

4 Key sustainability matters

5 The board of directors

5.1. Legal frameworks for the responsibility of the boards

5.2. Practices and preferences in Latin America

6 Shareholders

6.1. Shareholders' engagement

6.2. Climate change risks and GHG emissions reduction

7 Corporate governance frameworks

7.1. Sustainability disclosure regulatory frameworks

7.2. Sustainability disclosure standards and assurance

7.3. Flexibility and proportionality in sustainability disclosure

8 Key policy recommendations

8.1. Sustainability disclosure

8.2. Shareholder rights and the responsibilities of the board

References

Annex A. Climate-related and other ESG reporting frameworks and standards

Annex B. Methodology for data collection and classification

Corporate sustainability data

Green, Social and Sustainability (GSS) corporate bonds data

Ownership data

Annex C. Survey results

OECD Survey on sustainability practices of listed companies in Latin America

OECD Survey on sustainability practices of asset managers in Latin America

Notes.

ISBN:

92-64-96601-3

92-64-32318-X