- The study conducted by GovernArt and Vigeo Eiris involved five countries and 139 companies, all listed on the stock exchanges of their respective countries.
The Annual Corporate Governance 2020 study, carried out by GovernArt and Vigeo Eiris, was conducted between August 2017 and August 2019 involving five countries and 139 companies, all listed in the stock exchanges of Chile, Colombia, Brazil, Mexico, and Peru.
Regionally, study results placed Enel Chile among the ten best companies in Corporate Governance practices in Latin America. At the country level, Enel Chile positioned itself in second place.
The Corporate Governance 2020 study evaluated matters related to the Board of Directors, Auditing and Internal Controls, Shareholders, Executive Compensation, Corruption Prevention, Prevention of Anticompetitive Practices, and Transparency and Integrity of Influence Practices Strategies. Of all the elements evaluated by the study at the Latin American level, Enel Chile obtained first place in Transparency and Integrity of Influence Practices Strategies.
"This study highlights the best practices of Latin American companies. In particular, how a company communicates and relates to its stakeholders. This ranking confirms all our actions and, how we conduct our business.
In February 2019, Enel Chile was the first electric company in the country to certify its Anti-Bribery Management (ISO 37001) and in May of that same year, we received the certification of the Criminal Risk Prevention Model. We will continue to make progress in the transparency of our governance practices, especially in times when the implementation of good practices is increasingly a criterion chosen by investors looking into companies in which they want to invest," said Paolo Pallotti, Enel Chile's CEO.
The 2020 Annual Governance Study evaluated 139 companies in five countries:
- Brazil: 55 companies
- Mexico: 28 companies
- Chile: 26 companies
- Peru: 18 companies
- Colombia: 12 companies