Advancing Stakeholder Capitalism and ESG in Latin America

Beatrice Di Caro
Lead, Social Media, World Economic Forum

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The COVID-19 outbreak and its economic, industry, geopolitical and societal aftershocks are driving significant shifts for governments, businesses and people. As we face an unprecedented global crisis, Latin American leaders are facing emerging challenges and defining new priorities.

In this exceptional setting, the World Economic Forum has taken steps to strengthen public-private collaboration and has created the Regional Action Group for Latin America. It consists of a committed group, including the foremost CEOs, public figures, civil society representatives and experts on the region. The group has been convened with the purpose of sharing input and defining a regional vision and practical agenda to drive action based on the region’s needs and priorities - and to develop a more sustainable post-COVID future.

According to recent studies, the Latin American region has the highest global demand for investments with Environmental, Social and Governance (ESG) impact. The post-pandemic recovery offers a unique opportunity for business, government, and civil society to take bold action for the adoption of consistent ESG metrics and disclosures and develop a long-term strategy to ensure a more equitable, sustainable and environmentally responsible future.

Co-chaired by

Børge Brende, President, World Economic Forum

Marisol Argueta, Head of Latin America, Member of the Executive Committee, World Economic Forum

Special Guest

Guillermo Lasso, President of the Republic of Ecuador

Remarks by

Alicia Bárcena Ibarra, Executive Secretary, United Nations Economic Commission for Latin America and the Caribbean (ECLAC)

Felipe Bayon, Chief Executive Officer, Ecopetrol

Maha Eltogby, Head of Shaping the Future of Investing, Member of the Executive Committee, World Economic Forum

Fernando Faria, Global Deputy Head, KPMG IMPACT; Partner, Infrastructure Advisory, KPMG

Fernando Fernandez, Executive Vice-President, Latin America, Unilever

Shamina Singh, President, Mastercard Center for Inclusive Growth, Mastercard

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