letter
Dear Reader,
The third-quarter issue looks at how investors and companies are dealing with ESG (Environmental, Social and Governance) principles, finding the adoption of policies friendly to the environment, society and workplace is gaining momentum, albeit slowly.
Amy Guthrie outlines where the ESG decisions, while still in their infancy, are starting to make headway, such as in the natural resource extractive industries. In no place in the world right now is the environment more of a concern than in Latin America, where global attention has been focused on the fires in the Amazon rainforest.
Charles Newbery highlights three companies pursuing green strategies. Chile’s Colbun addressed an issue with fish, Walmart cut plastic and boosted power in Mexico, while Brazilian power utility EDP is catching wind and storing the sun. All are making money and realizing they can do so more responsibly in the region.
This issue also recognizes the accomplishments of the winners of the 2019 LatinFinance Project & Infrastructure Finance Awards, tipping the hat to those who are finding innovative ways to bring the roads, power projects and other infrastructure critical for the region’s progress. It’s also time to congratulate our award winner for our Central Bank Governor of the Year. Alejandro DÃaz de León of Banco de México was chosen from a survey of central bank observers and economists who gave him high marks for his management of monetary policy.
Felicitaciones!
The LatinFinance editorial team
