Sustainability committees in companies listed on the Latin-American Stock Exchange: Role and scope analysis
DOI:
https://doi.org/10.24142/rvc.n32a5Keywords:
stock exchange, sustainability committees, corporate governance, sustainabilityAbstract
The purpose of this article is to characterize the functions and scope of sustainability committees in companies listed on the Colombian, Chilean, Mexican, and Brazilian Stock Exchange. To this end, the article begins with a literature review that allows contextualizing such committees within the framework of corporate governance, as well as identifying the most recent research and theories that support their study. Analysis of their sustainabilityreports and code of good governance of 29 Colombian companies and 20 from Chile, Mexico, and Brazil were used to assess denomination, functions by sector, applied reporting frameworks, reported items, and prioritized Sustainable Development Goals (SDGs). Results show a greater presence of these committees in the Colombian financial sector, differences in their approaches according to industry, and an unequal commitment to the SDGs.
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