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A third of Latin America’s 250 largest companies disclose sustainability information, a US study has found.
The survey was conducted by Monica Araya, director of the Empresa Informa Forum at the Yale Center for Environmental Law, which researches corporate responsibility in Latin America. She found 86 of the companies, or 34 per cent, produced information on their social and environmental performance. Most did so in their annual report, but some companies also published a stand-alone document.
Brazilian companies were most likely to publish data (43 per cent), followed by those based in Mexico, where one in three businesses did so. European-owned companies were far more likely to report on sustainability (26 per cent) than their US counterparts (seven per cent). Almost two-thirds of non-financial reporters were in high impact sectors such as oil and gas, but automotive companies were ‘surprisingly’ inactive.
Araya studied the 250 largest local and foreign-owned private and public companies operating in Latin America.
The survey was conducted by Monica Araya, director of the Empresa Informa Forum at the Yale Center for Environmental Law, which researches corporate responsibility in Latin America. She found 86 of the companies, or 34 per cent, produced information on their social and environmental performance. Most did so in their annual report, but some companies also published a stand-alone document.
Brazilian companies were most likely to publish data (43 per cent), followed by those based in Mexico, where one in three businesses did so. European-owned companies were far more likely to report on sustainability (26 per cent) than their US counterparts (seven per cent). Almost two-thirds of non-financial reporters were in high impact sectors such as oil and gas, but automotive companies were ‘surprisingly’ inactive.
Araya studied the 250 largest local and foreign-owned private and public companies operating in Latin America.
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