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Twenty Directors of Latin American Companies Will Initiate Dialogue on Corporate Governance in the Digital Era

During the event, which will take place at ECLAC headquarters in Santiago, Chile, this August 30, the results of the Corporate Governance Index 2018 will be presented.

29 August 2018|Announcement

The world economy is undergoing a disrupted transformation towards digitalization, which requires the adaptation of the corporate governance structures to the new economic conditions, markets and societies. Companies interact in multiple areas, related to productive and management processes, as well as markets and different stakeholders. In this framework, the sixth edition of the Dialogue of Sustainability Directors: Corporate governments in the digital era, will take place in Santiago, Chile, at the Economic Commission for Latin America and the Caribbean (ECLAC) headquarters.

This space of debate was created by the Regional Center of the private sector in support of the Sustainable Development Goals (SGD) of the United Nations -located in Colombia-, and facilitates the relationship of companies with operations in Latin America. This year its purpose is to tackle global tendencies of the digital era.

The meeting, jointly organized by the Regional Center, ECLAC, and the Centre International de Formation des Autorités et Leaders (CIFAL Bogotá) of the United Nations Institute for Training and Research (UNITAR), aims to support the development of the private sector in Latin America through cooperation. This year, the topic is specially aligned with two of the 17 SDGs proposed by the United Nations: “Industry, innovation and infrastructure” (SDG 9) and “Alliances to achieve the objectives” (SDG 17).

In this dialogue the experts will discuss issues such as: Compliance, Technology, Financing, Sustainability and Business Experience, to propose a definition, a snapshot of the overall picture, and a conclusion on the main topic. In parallel, the 2018 Index of Corporate Governance results will be presented. This tool was designed by ECLAC with the support of the Interamerican Development Bank (IDB) and the Latin American Development Bank (CAF), with the collaboration of the Organization for Economic Cooperation and Development (OECD). It has been applied to companies that will participate in five different categories (Role of the Board of Directors, Structure of the Board, Chairman of the Board, Board Members Selection, and Corporate Committees).

The meeting will bring together 20 representatives of companies such as: Avianca, Frontera Energy, Grupo de Energía de Bogotá, Hame Group, Progreso Group, GoldCorp, Scotiabank, Enel Chile, Femia, Santiago Stock Exchange, DirecTV, Central Bank of Chile, Industrial Property Court and Carey Lawyers.