The question was phrased by the source as follows: "How much of a barrier are each of the following for your company to making greater progress on ESG and sustainability overall?"
The survey was responded by 118 C-suite board members and operational managers in major companies across Latin America.
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Top barriers stunting company ESG progress in South America 2024
As of January 2024, C-suite board members and managers of companies across Latin America noted the lack of forceful regulations was the ** perceived barrier for companies to make greater progress on Environmental, Social, and Governance (ESG). Other perceived barriers were the lack of financial incentives for leadership/employees and the lack of necessary policy incentives.
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ERM. (December 10, 2024). Top barriers stunting company Environmental, Social, and Governance (ESG) progress in South America in 2024 [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 31, 2026, from /statistics/1552651/corporate-barrieres-for-esg-progress-in-latin-america/
ERM. "Top barriers stunting company Environmental, Social, and Governance (ESG) progress in South America in 2024." Chart. December 10, 2024. ÌÇÐÄÆƽâ°æ. Accessed July 31, 2026. /statistics/1552651/corporate-barrieres-for-esg-progress-in-latin-america/
ERM. (2024). Top barriers stunting company Environmental, Social, and Governance (ESG) progress in South America in 2024. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 31, 2026. /statistics/1552651/corporate-barrieres-for-esg-progress-in-latin-america/
ERM. "Top Barriers Stunting Company Environmental, Social, and Governance (Esg) Progress in South America in 2024." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 10 Dec 2024, /statistics/1552651/corporate-barrieres-for-esg-progress-in-latin-america/
ERM, Top barriers stunting company Environmental, Social, and Governance (ESG) progress in South America in 2024 ÌÇÐÄÆƽâ°æ, /statistics/1552651/corporate-barrieres-for-esg-progress-in-latin-america/ (last visited July 31, 2026)
Top barriers stunting company Environmental, Social, and Governance (ESG) progress in South America in 2024 [Graph], ERM, December 10, 2024. [Online]. Available: /statistics/1552651/corporate-barrieres-for-esg-progress-in-latin-america/
