ESG risks in Latin America are negative but lower than emerging markets average – Moody’s

Overall, climate risk is the most relevant environmental credit exposure factor for Latin American and Caribbean countries. Issues such as carbon transition affect a small number of the region's oil-exporting economies.

RIO DE JANEIRO, BRAZIL - Rating agency Moody's said Wednesday in a report that credit exposure to environmental, social, and corporate governance (ESG) risks in Latin America and the Caribbean is negative, but lower than the average of other emerging market regions.

In a report, Moody's said that although the "overall impact" of ESG in Latin America and the Caribbean "is negative," there are wide variations within the region, reflecting both the different levels of exposure to these risks in each country and their varying capacities to address them.

Moreover, as noted by Gabriel Torres, vice president of the . . .

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