The 2025 OECD Latin America Roundtable on Corporate Governance was held on 6th–7th October 2025 in Santiago, Chile, bringing together senior policymakers, regulators, investors, and business representatives from across the region and beyond. The roundtable, organised by the OECD with the support of the Comisión para el Mercado Financiero (CMF) of Chile, served as a platform to discuss current priorities such as sustainability, the evolving role of boards, ESG data and ratings, and capital market development.
As Chair of our Corporate Governance Committee, Andrew Hobbs contributed as a lead discussant in the session on “Sustainability and Resilience in the Corporate Sector.” Drawing on European experience, he underlined that integrating sustainability into corporate strategy strengthens risk management, drives innovation, and deepens stakeholder engagement. He noted that firms embedding sustainability into their business models were more confident about the future. He also reflected on the UK and EU contexts, highlighting both best practice where strategy, risks, and KPIs are interconnected and persistent challenges under the Corporate Sustainability Reporting Directive (CSRD), including data quality, talent gaps, and the complexity of double materiality. Our Corporate Governance Committee Chair also emphasised that effective governance, clear targets, and robust assurance mechanisms are essential for turning sustainability reporting into a driver of resilience and long-term value creation.