ESG preferences of financial firms in Latin America 2021

Environmental, social, and corporate governance (ESG) initiatives are weighted differently with varying levels of perceived importance depending on individual factors such as the firm's industry. With reference to financial firms in Latin America, governance received the highest overall average weight with roughly 70 percent of survey respondents noting the need to take CSR strategy, management, and shareholders into consideration. From the remaining categories, the highest individual sub-factor noted by respondents was human rights, with 61 percent of financial firms stating its importance.