The question was phrased by the source as follows: "Which issue do you consider to be the biggest challenge for your company or organization in advancing its ESG performance? (Multiple choice)?"
Survey respondents consisted of 200 major companies in 16 different countries across Latin America. The number of survey respondents per country was not specified.
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Leading challenges to ESG advancement among major companies Central America 2024
As of 2024, challenges related to biodiversity had the lowest impact on firms in Latin America aiming to advance in Environmental, Social, and corporate Governance (ESG) performance. On the other end of the spectrum, however, compliance with new International Financial Reporting Standards (IFRS) S1 and S2 and impact measurement and social impacts presented as common barriers. With ** percent and ** percent of firms having stated ESG advances were stunted by there's challenges.
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RSM International. (November 4, 2024). Leading challenges to Environmental, Social, and corporate Governance (ESG) advancement among major companies in Central America in 2024 [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 29, 2026, from /statistics/1553222/companies-challenges-for-esg-performance-in-central-america/
RSM International. "Leading challenges to Environmental, Social, and corporate Governance (ESG) advancement among major companies in Central America in 2024." Chart. November 4, 2024. ÌÇÐÄÆÆ½â°æ. Accessed July 29, 2026. /statistics/1553222/companies-challenges-for-esg-performance-in-central-america/
RSM International. (2024). Leading challenges to Environmental, Social, and corporate Governance (ESG) advancement among major companies in Central America in 2024. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 29, 2026. /statistics/1553222/companies-challenges-for-esg-performance-in-central-america/
RSM International. "Leading Challenges to Environmental, Social, and Corporate Governance (Esg) Advancement among Major Companies in Central America in 2024." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 4 Nov 2024, /statistics/1553222/companies-challenges-for-esg-performance-in-central-america/
RSM International, Leading challenges to Environmental, Social, and corporate Governance (ESG) advancement among major companies in Central America in 2024 ÌÇÐÄÆÆ½â°æ, /statistics/1553222/companies-challenges-for-esg-performance-in-central-america/ (last visited July 29, 2026)
Leading challenges to Environmental, Social, and corporate Governance (ESG) advancement among major companies in Central America in 2024 [Graph], RSM International, November 4, 2024. [Online]. Available: /statistics/1553222/companies-challenges-for-esg-performance-in-central-america/