ABSTRACT

Responsible investment (RI) in most South American countries is fairly incipient. The majority of the RI initiatives in the region take place in Brazil, where a number of mainstream institutional investors have started incorporating environmental, social and corporate governance (ESG) issues into their investment policies and processes, largely encouraged by the Principles for Responsible Investment (PRI) local network and by local regulations. In other South American countries, the approach to responsible investment has been more focused on impact investing through the creation of high social impact funds to help tackle social inequalities in the region.