In August 2017, the Annual Study 2017 on Responsible Investment was presented in Santiago de Chile. It is the first research of its kind in Latin America.

The report provides original information on responsible investments by institutional investors from Brazil, Chile, Colombia, Mexico and Peru.

The study was developed by Vigeo Eiris and GovernArt, and focuses on investigating up to what extent 47 institutional investors from Brazil, Chile, Colombia, Mexico and Peru include environmental, social, and corporative government (ESG) considerations to their investment processes.

The results show that investors in Latin America still are in the early stages of development of investments SRI, except for the case of Brazil. The country leads the ranking, followed by Peru and Colombia.

Brazil is the only country where a local regulator has started asking questions regarding how pension funds include ESG aspects to their investment decision process.

Anyway, in February 2017, stock markets in Chile, Peru, Mexico and Colombia announced an agreement with S & P Dow Jones Index, the IFC and RobecoSAM to develop a new ESG index for the region.

Despite the recent official creation of the Latin American Sustainable Investment Forum (LatinSIF), which’s goal is to promote SRI investments, local investors seem to focus in a more traditional and short-term investment approach.

The investment leader in the region is Bradesco (Brazil), followed by Itaú AM (Brazil), Fondos Sura (Peru) and Integra AFP (Peru).

Source: ComunicaRSE