Credit rating agency Moody’s said in a report Wednesday that credit exposure to environmental, social and corporate governance (ESG) risks in Latin America and the Caribbean is negative, but lower than in other emerging market regions.
In a report, Moody’s indicated that although the “overall impact” of ESGs 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 its various capacities to cope with them.
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