by Staff Reporters
LatAm Telecoms Fall in Ratings
LatAm telecom companies faced a tougher compliance questionnaire this year. Despite some improvements, most fell short.
LatAm telecom companies performed worse this year on a series
of metrics measuring social responsibility, corporate
governance and overall sustainability, according to a study by
LatinFinance in association with consultancy Management &
Performance scores among telecoms this year ranged
from 16%-33%, all very weak scores, says William Cox,
managing director at M&E.
The sector faced more stringent compliance guidelines in
2011 when compared to previous years, though this is the first
year M&E has analyzed the sector as a whole. Most were not
up to the challenge. Telecoms have not yet discovered
sustainability as a mechanism for driving investor interest,
employee productivity or sales, Cox says.
The study measures companies according to three metrics:
compliance, risk, and performance. All three are combined to
yield an overall final score. Compliance measures the number of
sustainability metrics, such as having...
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