Lack of ESG standards is an obstacle to sustainable investing in Brazil

Brazilian investors are keen on using ESG principles to select their portfolios, but the lack of standardized information makes it a challenging task

ESG standards sustainable investing
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Brazilian investors are increasingly keen on adopting Environment, Social, and Governance issues as investment criteria for their portfolios, but a study published by Brazil’s Securities Commission (CVM) concludes that the lack of comparable standards has been delaying ESG implementation in the country. 

The 96-page long compendium includes an extensive review of ESG-related regulations by international benchmarks — such as those of the United Kingdom and European Union — results of a survey among investors and the conclusions of meetings with listed companies. 

“We noted that the lack of standardization, comparability, format, measurements, and difficulties in integrating ESG information...

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