The study, “Leading Sustainability from the Boardroom: The Latin American Case,” found consensus among directors that sustainability is an integral part of their companies’ economic, social, and environmental management and should be at the core of corporate strategy. Most directors agree that a growing list of intangible benefits and the early identification of risks and alternative ways of achieving goals are the main means through which sustainability initiatives create value. Still, the findings suggest a degree of ambivalence among the directors. Despite a seemingly strong understanding of sustainability and its link to improved business results, only half of the directors say they have a definitive opinion on the topic.
A.T. Kearney and GRI Hispanic America released the report at the 2016 La Liga de Directores Annual Conference in Miami, Florida. La Liga de Directores is a knowledge program that helps leading companies in Latin America generate sustainable value, primarily through continual coaching of senior executives and board members. It is a nonprofit initiative of A.T. Kearney and the firm’s Global Business Policy Council.