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Revista de Derecho Privado
Print version ISSN 0123-4366
Abstract
ALEMAN VASQUEZ, ELISA and JIMENEZ MOLINA, CAROLINA. Sustainability in Colombian Companies: A Path to its Legal Enforceability through the Fiduciary Duty. Rev. Derecho Privado [online]. 2023, n.44, pp.179-213. Epub Feb 05, 2023. ISSN 0123-4366. https://doi.org/10.18601/01234366.44.07.
This work aims to examine the enforceability of sustainability in Colombian companies derived from the fiduciary duty of officers and directors, taking into account the duties of diligence, loyalty and good faith. It will be determined whether the inclusion of sustainability analysis is deemed mandatory under the lens of risk management and prudent risk-taking, reaching an affirmative conclusion in respect of the fiduciary duty of diligence.
Keywords : Sustainability; ESG factors; fiduciary duty; officers and directors; best interests.