Three pieces of advice from the CEO of Heineken México to EGADE graduates

Submitted by egade on Tue, 06/19/2018 - 10:47
3 consejos del CEO de Heineken México a graduados de EGADE

Dolf van den Brink, Presidentand CEO of Heineken México, was invited to speak at the EGADE Business School Monterrey June 2018 Graduation Ceremony, where he shared three pieces of advice with the graduating students.

The Dutch-born executive highlighted lessons he had learned from his father and as Commercial Director of Bralima, Heineken’s subsidiary in the Democratic Republic of the Congo, the position he held prior to being appointed President and CEO of Heineken USA, and taking on his current role in Mexico.

“I would like to share three pieces of advice with you, drawn from difficult lessons I have learned, and that can help you at this important moment in your lives,” he stated.

Advice #1: “Go to difficult places”

“(Accepting the position in the Congo) has been the most difficult decision of my life so far, but it also turned out to be one of the best. At a very young age, in my early thirties, I took on responsibilities and opportunities that I would never have had in more developed markets. It was a challenge like no other. Living and working in a totally different culture truly shifts all your paradigms and changes your mentality. I am here today because of what I learned in the Congo, a difficult place.

“You are about to make momentous decisions about your career and can have a similar experience when someone gives you the chance to go to a difficult place or take a position that, on the surface, might not seem particularly attractive. What are you going to do? Reject it and choose the easy path? Or are you going to seize the opportunity to face up to many challenges that might be somewhat painful, but that could also be unique learning experiences?

“My advice is not to look for the perfect job but to go for the role that will give you the greatest chance to learn. Have faith in life and the opportunities it gives you,” he said.

Advice #2: "If you want to receive, first give”

Van den Brink mentioned that this is the advice given to him by his mentor on arriving at the African subsidiary.

“When they invite you to be a group leader, many people focus on performance, strategy, vision. Or, even worse, some people think it’s about being in charge and giving orders. In reality, being a leader is, more than anything, about looking out for your people.  Helping and supporting them. And when you put your heart into this, they will give that and more back to you. I learned this in the Congo.

“During my first few months there, I focused on the business and how poorly it was performing. The company was losing participation and money, and had been doing so for some time. However hard I tried to change things, nothing improved. But when I saw the people’s needs, the obstacles they faced, that was when the business began to change.

“For example, when I arrived there was so little money that practically none of the salesforce had vehicles to visit customers. They spent their own money on transportation and it took them ages to get anywhere. Without knowing how I would do it, I made a promise to them, that I wouldn’t rest until each of them had a small car or at least a motorcycle. It took me more than a year and a half, but I kept my promise. The team’s response was fantastic. Of course, it wasn’t just about a car, but also trust. In the end, our operation became one of the fastest growing in the company worldwide.

“Each of you has received a world-class education, many of you will lead teams at some point in your lives, so take the advice given to me by my mentor: if you want to receive, first give. Take care of your people, safeguard their wellbeing, support them and help them to grow. That’s how you will achieve great results,” he commented.

Advice #3: “Make this world a little bit better”

Van den Brink related that some years ago, his father became ill and died within three months from a brain tumor. It was the saddest period of his life, but, at the same time, he forged a special relationship with this father and they talked about important things they had never discussed before.

“I asked him: ‘Dad, what was your purpose in life?’ I thought he would laugh at me because it wasn’t the kind of topic he talked about. However, he looked at me very seriously and said: ‘I came here to make this world a little bit better.’

“I often saw how he used his position of privilege to make a difference. And not only in big ways, but also in little gestures, in meaningful ways. More than a thousand people attended his funeral, mostly young students and colleagues whom he had helped in hard times, people from the charities in which he participated. Even though he was leaving this world, he taught me a very important lesson in the last moments we spent together.

“I know that the question about the purpose in life is huge and intimidating. Should you worry about it now that you are so young and just starting out in your careers? When I started working, I did focus on performing well and being successful, and I’m sure that’s what you have in mind, but if you don’t take care of yourselves, you will be stuck in this stage of your lives forever.

“This is what my father taught me. He forced me to ask myself what is the greater good than the one I am serving, until I am serving beyond myself. We are all born with unlimited potential. But serving only yourself, accomplishing only success, won’t let you reach your full potential of the person you could be.

“Put into practice everything you have learned here at EGADE. This is an incredible place that has given you so much. Go out into the world, go to those difficult places that will teach you so much. Remember that if you want to receive, you must first give. And don’t forget that in the middle of all this success, you must try to find a way to make this world a little bit better,” concluded Van den Brink.

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Lack of Financing and High Informality Limit Impact Investment in Guatemala, Reveals Study by EGADE and Red de Impacto LATAM

Submitted by jose.paz on Tue, 03/18/2025 - 07:00

70% of Guatemala’s economy operates informally, limiting access to formal financing and hindering the scalability of businesses with social and environmental impact.

By JOSÉ ÁNGEL DE LA PAZ | EGADE BUSINESS SCHOOL

Guatemala has great potential for impact investment, with an expected 14% annual growth rate until 2030, but it faces structural barriers that limit its development.

A new study by EGADE Business School at Tecnológico de Monterrey and Red de Impacto LATAM identifies the key challenges of the country’s impact ecosystem. It highlights the importance of strengthening stakeholder collaboration to channel financial resources into projects with social and environmental value.

Titled "Building Impact Ecosystems in Latin America – The Case of Guatemala", the study was conducted by Felipe Symmes, research professor at EGADE Business School, and Bárbara de la Garza Martins, researcher and co-founder of Ushum Colectiva Creativa.

The research provides key insights to strengthen the impact ecosystem, which consists of international organizations, accelerators, entrepreneurs, SMEs, grassroots organizations, and public-private partnerships, and to mobilize more significant financial resources towards socially and environmentally valuable projects.

KEY FINDINGS: FINANCING AND STRUCTURAL CHALLENGES

Impact investment is an approach to actively address social and environmental challenges while seeking financial returns that align with impact objectives.

The study highlights the need to align impact ecosystem efforts with the United Nations’ Sustainable Development Goals (SDGs), particularly reducing inequalities (SDG 10), promoting sustainable economic growth (SDG 8), and responsible consumption and production (SDG 12), to guide impact investment towards more equitable and sustainable development.

"One of Guatemala’s biggest challenges is structuring accessible financial models for impact entrepreneurs, ensuring that investment is not only concentrated in large corporations but also drives the growth of emerging projects with high social and environmental value," Symmes said. 

The study reveals that, although Guatemala leads the region in impact investment demand, it faces significant structural barriers that limit its potential.

Key challenges include:

• Political instability: Perceptions of political risk discourage international funds and restrict access to foreign capital.

• High economic informality: Around 70% of Guatemala’s economy operates informally, limiting access to formal financing.

• Fragmented market: The lack of solid business structures and high administrative costs make it difficult for impact-driven projects to scale.

• Limited familiarity with financial instruments: Many organizations lack awareness of alternative financing mechanisms, reducing their investment opportunities.

Despite these challenges, the report identifies strategic sectors with high investment potential, particularly in environmental sustainability and regenerative agriculture.

THE ROLE OF IMPACT ECOSYSTEM BUILDERS

According to the study, impact ecosystem builders are crucial in connecting key stakeholders—including entrepreneurs, governments, investment funds, and NGOs—to strengthen collaboration. The study identifies four main types of impact builders:

1. Educators and knowledge generators: Focused on training and capacity building for social and environmental impact.

2. Relationship and collaboration facilitators: Act as bridges between key sectors to foster strategic partnerships.

3. Capital and resource enablers: Connect projects with investors and funding sources.

4. Community builders and local change-makers: Work directly with communities to drive sustainable development models.

Symmes underscores the importance of strengthening the role of these ecosystem builders: "For the impact ecosystem to thrive, stronger partnerships between the public and private sectors are essential, along with better financial tools to help entrepreneurs scale their projects sustainably."

RECOMMENDATIONS TO STRENGTHEN THE IMPACT ECOSYSTEM

The report also offers recommendations to improve access to financing and create a more efficient impact ecosystem:

• Streamlining bureaucratic and tax procedures to facilitate the formalization of enterprises and cooperatives.

• Promoting internationalization strategies to help Guatemalan businesses compete in global markets.

• Establishing common impact assessment standards would enhance the ecosystem’s credibility and attract more investment.

• Strengthening pre-investment technical assistance through accelerators and incubators.

EGADE Business School reaffirms its commitment to sustainable development in Latin America through research that drives business transformation and builds more resilient and equitable ecosystems.

To explore these findings in depth, a webinar titled "Impact Ecosystems in LATAM: Lessons from Guatemala to Drive Regional Growth" will be held on March 19 at 4:00 p.m. (Guatemala and Mexico City time). Experts will discuss the study’s main results and analyze strategies to strengthen the impact ecosystem across Latin America.

Interested participants can register here: https://bit.ly/WebinarEcosistemasDeImpacto.

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EXATEC EGADE Included in Forbes Mexico's List of Top CMOs

Submitted by oncampus.comms on Fri, 03/14/2025 - 17:03
CMO Forbes

Forbes Mexico highlights the best marketing executives in the country.

By ISABELLA CASTAÑEDA RODRÍGUEZ | EGADE BUSINESS SCHOOL

Two alumni of EGADE Business School at Tecnológico de Monterrey were included in the 2025 edition of "The Best CMOs in Mexico", published by Forbes Mexico.

The EXATEC EGADE featured in the list are Gerardo Fernández Aguilar (MBA'12) and Marco Antonio Pérez López (MBA'11), who were recognized among the marketing executives that have stood out in the country over the past year.

Fernández Aguilar, Vice President of Marketing and Sales at Nissan Mexico and Nissan South America, was recognized for his leadership in securing a 17% market share in 2024 and implementing an investment plan of $700 million in Mexico, announced in 2022 with a three-year projection.

Pérez López, Chief Marketing Officer at General Motors Mexico, was acknowledged for the impact of his advertising strategy and the management of a brand portfolio that includes Cadillac, Chevrolet, Hummer, Buick, and GMC, among others.

The Forbes Mexico list, compiled for the second consecutive year, included 32 companies and considered various factors such as recognition, marketing strategy, and business growth achieved.

"This ranking aims to give visibility to the work of corporate marketing teams at a time when consumers are increasingly demanding, and technology plays a key role in achieving personalization," the publication states.

The editorial team of Forbes Mexico made the final selection with the support of experts, including Juan Carlos Bustamante, National Director of the Master in Strategic Marketing at EGADE Business School.

By being recognized among the best in their field, Fernández Aguilar and Pérez López reaffirm their leadership and commitment to the development of marketing in Mexico.

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Immersion Weekend 2025: Artificial Intelligence and Data for Business Transformation

Submitted by jose.paz on Mon, 03/10/2025 - 13:50

EGADE Business School brought together students from the Master in Business Analytics and the Master in Marketing for an immersive experience with experts from Microsoft, Wharton, BBVA, Dell, Starcom, Novartis, and more.

By JOSÉ ÁNGEL DE LA PAZ | EGADE BUSINESS SCHOOL

Generative artificial intelligence and data analytics are redefining the future of business. Within this context, EGADE Business School at Tecnológico de Monterrey hosted the 2025 edition of Immersion Weekend, an exclusive event that, for the first time, brought together students from the Master in Business Analytics and the Master in Marketing to explore, alongside global experts, the opportunities and challenges that AI presents for business strategy.

The event occurred on February 14 and 15, with sessions held at the Microsoft Mexico corporate offices and the EGADE Business School campus in Santa Fe.

In a welcome message, Horacio Arredondo, Dean of EGADE Business School, highlighted the importance of this space for learning and networking among emerging leaders.

"This is your space to learn, connect, and discover new perspectives in a world driven by artificial intelligence. We are at an unprecedented moment of transformation, where generative AI is redefining data analytics and marketing and reshaping how organizations create value. Beyond technical learnings, this is a space for networking, exchanging ideas, and forming strategic alliances that will enable you to transform your organizations," said Arredondo.

The first day of activities featured Rafael Sánchez, President and General Manager of Microsoft Mexico, who opened the event with a keynote address.

This was followed by Gideon Nave, Professor at The Wharton School, who presented the conference "Artificial Innovation: Idea Generation Beyond Human Limits," exploring how artificial intelligence surpasses traditional barriers in business creativity.

Jacobo Fernández, CEO of Starcom, delivered the conference "InnovAI: Transforming Advertising through Tech," analyzing the impact of AI on digital advertising and communication strategies.

Later, Gastón Fossati, Senior Vice President of Data for Hispanic America at Monks, presented the conference "AI & Data Strategy in Business," highlighting how artificial intelligence redefines data management and analysis in strategic decision-making.

The conference "Vision and AI: How to Optimize the Use of Prompts for Extraordinary Results" was also held, led by Shigueru Kato Maeda, Senior Technical Architect - Data & AI at Microsoft, discussing best practices for improving interaction with generative AI models.

The first day concluded with the panel "Mistakes and Myths in AI: What Future Leaders Need to Know to Avoid Them," featuring Alejandro Correa, Senior Global Director of Artificial Intelligence at AB InBev and Professor at EGADE Business School; Gastón Fossati, from Monks; Vania Uribe, CMO Lead at Microsoft; Andrés Ramírez, Commercial Director at Publicis Groupe; and León Palafox, Director of Innovation at Novartis.

Additionally, key conferences on the impact of AI in different sectors were presented, such as "Sales Targeting: Bringing Insights with GenAI," led by Zuleica Guiza, Mexico Marketing Leader at Dell Technologies, and "Impact of Generative AI on Business," by Fernando Fernández, Data Portfolio Management Principal Manager at BBVA.

On the second day, activities moved to EGADE Business School in Santa Fe, with new conferences and workshops on the application of AI in digital marketing strategies, customer relationship management (CRM), and sales optimization.

Juan Francisco Monroy, CEO of Publicis Media Exchange (PMX) Mexico, Miami, and Head of Partnerships LATAM, along with Andrés Ramírez, Commercial Director at Publicis Groupe, shared their insights on global marketing trends and the impact of AI on advertising.

Alejandro Correa, Professor at EGADE Business School and Senior Global Director of Artificial Intelligence at AB InBev, presented the conference "From the Classroom to the Real World: Innovative AI Applications in Business," while Matías Bossie, Regional Manager North Latam at Minders, and Joaquín Bossie, COO & Co-founder of Minders, conducted the workshop "CRM with AI," exploring AI integration in customer relationship management.

Later, Juan Carlos Morales Cardoso, CEO of Golden Companies, led the workshop "Digital Communication: Major Challenges and Opportunities for SMEs and Entrepreneurs," providing strategies for optimizing businesses' digital presence.

Lucía López Sarre, Director of Marketing and Innovation at Tim Hortons Mexico, delivered a conference on innovations in the retail industry and connecting with consumers in a digitized environment.

Immersion Weekend 2025 provided cutting-edge knowledge and the opportunity to build key connections for the future of business.

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Our Stories Shape The Future

Submitted by jose.paz on Fri, 03/07/2025 - 13:02

Leadership, innovation, and action: Four women from the EGADE community share their reflections and projects that drive change towards a more equitable future.

By INSTITUTIONAL COMMUNICATION | EGADE BUSINESS SCHOOL

On the occasion of International Women's Day 2025, 8M, EGADE Business School of Tecnológico de Monterrey recognizes the leadership and vision of four women from its community who are transforming the present and paving the way towards a more equitable and inclusive future.

Through their projects, Yuri Hirayama, Ana Karen Ramírez, María Concepción del Alto, and Eloísa Pérez drive concrete initiatives that generate significant change in their respective fields.

THE POWER TO TRANSFORM THE FUTURE

Each of them has built their path with determination and purpose. If they could speak to their younger selves, their message would be clear: the world needs their talent and perspective.

"If I could talk to my younger self, I would remind her that she, like her friends, has an incredible power to shape the future. I would tell her to trust her instincts, stay curious, and embrace her unique voice," shares Yuri, a Doctorate in Administrative Sciences student at EGADE Business School and an alumna of the EGADE MBA Online. As a School Director, Principal Educator, and Chief Sustainability Officer at the Yuri Education Center, she has promoted initiatives that combine education and sustainability in Japan.

For Ana Karen, an alumna of the EGADE Full-Time MBA and founder of Epic Queen, creativity and curiosity are superpowers: "I would tell that little girl that her way of seeing the world is precisely what will lead her to change it. She shouldn't be afraid to ask questions, make mistakes, and imagine the impossible because that's where the best ideas come from."

From a financial leadership perspective, María Concepción, professor and national director of the Master in Finance at EGADE Business School, emphasizes the importance of perseverance: "You can achieve anything with effort and determination, but not just for the short term—always with an eye on how you want to leave a lasting impact."

Eloísa, Director of Educational Innovation at EGADE Business School, highlights the importance of lifelong learning: "I would remind her that the passion for learning and curiosity are powerful tools for generating change. Every experience and challenge will expand her vision and strengthen her ability to make an impact."

INITIATIVES THAT CREATE IMPACT

The initiatives led by these women seek to transform their environments with tangible results.

Yuri leads the "You Lead" program in education, empowering young people from underserved communities with global leadership skills. Additionally, through the "Waste to Wow!" event, she promotes sustainability in education, aligned with the UN SDG 12.

"Epic Queen has impacted over 100,000 girls in Latin America, bringing them closer to science and technology so they can discover their potential in STEM," explains Ana Karen. "When a girl realizes she can be part of the future, it changes her story and many others as well."

María Concepción works to transform organizational structures and promote equal opportunities in the workplace. Through the Work Life-Balance Forum IMEF-EGADE, she drives initiatives that foster better conditions for women in their professional careers. As a Women Corporate Directors (WCD) Mexico Chapter member, she seeks to expand access for more women to decision-making spaces: "It is important to be in places where decisions are made and to hold leadership positions to promote better labour and social practices."

From educational innovation, Eloísa has strengthened EGADE Action Week, incorporating new experiences and participation methodologies that enrich this sustainability-driven initiative. She promotes the integration of Generative Artificial Intelligence in the classroom, aiming to optimize teaching and enhance decision-making with a sustainable approach: "This program has impacted more than 400 students, and now we seek to integrate technology to strengthen the learning experience."

NETWORKS OF SUPPORT AND OPPORTUNITIES FOR GROWTH

For these women, collaboration with various networks and communities has been key to the success of their initiatives.

"EGADE provided me with the tools to structure my ideas strategically and find allies who propelled my projects forward," says Ana Karen.

María Concepción's role in academic leadership has been a platform to promote female participation in executive education and connect talent with opportunities.

"We apply knowledge acquired in different training spaces to strengthen sustainability and leadership in education," highlights Yuri.

Eloísa emphasizes that collaboration within the academic environment has been key to innovation in teaching: "We have co-created projects with different teams, generating a tangible impact on the leadership development of our students."

ADVICE FOR WOMEN DRIVING CHANGE

The four leaders of EGADE Business School share an inspiring message for all women who are driving change.

"Never underestimate the power of your ideas. The future is not only built by large companies, but by each of us with every decision we make, every technology we create, and every door we open for those who come after us," says Ana Karen.

"If we want to make a lasting impact and build a better world, we must work hard and never give up," emphasizes María Concepción.

"As women, we balance innovation and the preservation of our traditions. We must continue driving change with respect for the past and a clear vision for the future," affirms Yuri.

Finally, Eloísa highlights the importance of breaking barriers: "Don't be afraid to build new paths. The future is built not only with ideas but also with action and collaboration."

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EGADE Business School Hosts the 2nd ESG Nuevo León Forum on Equality and Inclusion

Submitted by jose.paz on Thu, 03/06/2025 - 19:08

The event brought together business leaders and sustainability experts to discuss equality and inclusion in the supply chain.

By INSTITUTIONAL COMMUNICATION | EGADE BUSINESS SCHOOL

EGADE Business School at Tecnológico de Monterrey hosted the 2nd ESG Nuevo León Forum: Equality and Inclusion in the Supply Chain, a space for dialogue and reflection on integrating social sustainability criteria into business operations. Organized in collaboration with the Nuevo León Secretariat of Equality and Inclusion and supported by Clarios, the event brought together business leaders, academics, and ESG specialists.

The event opened with a welcome address by Eva Guerra, Associate Dean of EGADE Business School, who highlighted the institution’s commitment to sustainability and business transformation. "At EGADE, we seek to increase the visibility of corporate equality and inclusion tools, such as the award launched today, to promote and highlight the practices companies are implementing," she stated. Guerra also emphasized the importance of collaboration among government, academia, society, and businesses to drive equality and inclusion. "We want to position companies as agents of change that can make a difference," she noted.

SUSTAINABILITY AND RESILIENT BUSINESS MODELS

The forum featured prominent speakers, including Boyd Cohen, Director of the Master in Sustainable Business at EGADE Business School, who delivered the keynote speech "Abundance Capitalism." Cohen introduced the recent launch of the Master’s in Sustainable Business and discussed how companies can integrate sustainability, technology, and innovation to build resilient business models with real impact. "Companies play a key role in the transformation towards a sustainable future. If we align innovation with sustainability, we can create solutions that drive the economy while benefiting the planet," he affirmed. He also presented the Latin America Business Sustainability Index, a tool EGADE Business School researchers developed to measure ESG practices' impact in the region.

CORPORATE COMMITMENT TO EQUALITY AND INCLUSION

Martha Herrera González, Secretary of Equality and Inclusion of Nuevo León, closed the event with the conference "Leading with Purpose: The Role of Businesses in Nuevo León’s Social Transformation." She emphasized the importance of building alliances for social resilience during her speech. She highlighted tools such as the Social Contribution and Impact Certification, which has enabled many companies to measure and report their investment in social resilience, ensuring that every peso invested generates significant sustainable value.

“From the Secretariat of Equality and Inclusion, we have supported companies in creating strategies that generate social well-being while strengthening their competitiveness. Sustainability is not seen as an isolated issue but rather as a collective commitment involving the private sector, government, and civil society,” the official emphasized.

The 2025 Corporate Equality and Inclusion Award was announced during the event, recognizing companies committed to social sustainability in two categories: Social Commitment and Social Investment Projects. In addition to highlighting best practices in equality and inclusion, the award will support enhancing corporate social impact, developing more effective strategies, and facilitating access to international certifications.

Registration will be open from March 5 to May 30, 2025, and interested companies can apply through the Nuevo León Secretariat of Equality and Inclusion’s portal. Winning companies will receive specialized consulting and access to a collaboration network that fosters the development of sustainable initiatives within their operations.

CONFERENCES AND PANELS WITH SUSTAINABILITY EXPERTS

The event also featured various conferences and panels with sustainability experts. Hernando Aguilera, President and CEO of the Social Value Institute, delivered the conference "ESG Trends and Their Impact on Business Competitiveness: A Global Perspective." Francisco Fernández, Executive Director of the Conscious Enterprise Center at Tecnológico de Monterrey, moderated the panel "Transforming Industry: Success Stories in Social Sustainability and Competitiveness," with participation from Griscelda Ramos, Sustainability Director at Natura México; Inti Pérez Casillas, Director of Sustainability and Corporate Social Responsibility at Heineken México; Ana Margarita Garza, Director of Corporate Affairs and Sustainability LATAM at Clarios México; and Carlos Alejandro Becerra Ortega, Manager of Shared Value Creation and ESG at Nestlé México.

Elida Godínez, Director of Data, Artificial Intelligence, and Sustainability at IBM México, presented the conference "Artificial Intelligence for ESG Measurement and Reporting." Juan Carlos Meade, Director of Strategic Alliances at the Secretariat of Equality and Inclusion, introduced the 2025 Corporate Equality and Inclusion Award. Francisco Rodríguez and Maru Pérezthe FIFA World Cup 2026 representatives, gave a special conference on "FIFA 2026 Legacy."

Through this event, EGADE Business School reaffirms its commitment to developing business leaders who drive social and environmental sustainability, contributing to the sustainable development of Latin America.

 

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Meet the EXATEC EGADE featured in ‘The 100 Most Powerful Women in Business 2025’ by Expansión

Submitted by jose.paz on Mon, 03/03/2025 - 19:07

Expansión’s ranking recognizes the most influential women in Mexico’s business world.

By JOSÉ ÁNGEL DE LA PAZ | EGADE BUSINESS SCHOOL

Eight alumnae of EGADE Business School at Tecnológico de Monterrey have been included in the 2025 edition of “The 100 Most Powerful Women in Business” by Expansión magazine.

The ranking highlights women leaders who have significantly impacted their industries and organizations, recognizing their influence in the business landscape.

The EXATEC EGADE featured in the ranking are:

  • Silvia Dávila (MNE’97), President of Latin America and CEO of Mexico for Danone, ranked #3. She is an alumna of the Master in Business Economics and recipient of the 2023 EXATEC EGADE Merit Award
     
  • Verónica Pérez (MBA'19), President of Dow North Latin America Region, an alumna of the EGADE MBA, ranked #12.
     
  • Mildred Villegas Sojo (MA'04), General Manager of Unilever Mexico and Foods Latin America, an alumna of the Master in Business Administration, ranked #23.
     
  • Ángela Gómez Aiza (MA'06), Chief Operating Officer of Grupo AXO and independent board member, an alumna of the Master in Business Administration and recipient of the 2022 EXATEC EGADE Merit Award, ranked #35.
     
  • Delice Cristal Cruz Guzmán (MBA'13), Chief Finance & Strategy Officer (CFSO) at Telefónica Movistar Mexico, an alumna of the EGADE MBA, ranked #48.
     
  • Mónica García Rodríguez (MA'98), Director of Purchasing and Supply Chain at General Motors Mexico, an alumna of the Master in Administration, ranked #61.
     
  • Elvira Sánchez Chapa (MMT'03), VP Executive CIO at Gartner, a graduate of the Master in Marketing, ranked #69.
     
  • Alehira Orozco Reyes (MBA'23), Director of Government Relations at Mercado Libre México, an alumna of the EGADE MBA, ranked #98.

The Expansión ranking, published in the March 2025 edition, evaluates the impact and relevance of these executives in the corporate sector. This year, 455 profiles were analyzed based on quantitative and qualitative factors, focusing on leadership, influence, and the scope of their responsibilities.

Key evaluation criteria include company position and size (40%), leadership influence (40%), scope of impact (15%), and corporate engagement (5%).

The companies led by or employing these ranked women collectively generate 6.8 trillion pesos in revenue, showcasing their significant influence in Mexico’s business environment.

This recognition reaffirms the EXATEC EGADE community’s leadership and commitment to transforming business in Mexico and beyond.

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

A post shared by Expansion (@expansionmx)

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EGADE presents the Latin American Corporate Sustainability Index

Submitted by jose.paz on Thu, 02/27/2025 - 15:00

The ranking evaluates the performance of 13 countries in sustainable finance, climate innovation, corporate transparency, and sustainability education.

By JOSÉ ÁNGEL DE LA PAZ | EGADE BUSINESS SCHOOL

EGADE Business School at Tecnológico de Monterrey has introduced the Latin American Corporate Sustainability Index: Private Sector Analysis, a study that assesses sustainability progress in the region’s business sector.

The index was developed by a group of EGADE Business School faculty researchers, including Boyd Cohen, Christiane Molina Brockmann, Eduardo Aguiñaga Maldonado, Carlos Vargas, and Pablo Necoechea, the regional director of EGADE Business School in Mexico City and Querétaro.

This analysis ranks 13 Latin American countries based on their performance in corporate transparency, climate innovation, sustainable finance, and sustainability education.

COSTA RICA, URUGUAY, AND CHILE LEAD IN SUSTAINABILITY

The index results place Costa Rica as the leading country in corporate sustainability, followed by Uruguay and Chile. According to the Green Future Index, these nations excel in renewable energy, with more than 95% of their electricity generated from clean sources.

Mexico ranks seventh, showing progress in solar and wind energy but facing key challenges in regulation, access to sustainable financing, and standardization of ESG metrics.

The full ranking of the index is as follows:

  1. Costa Rica (9.08)
  2. Uruguay (9.07)
  3. Chile (7.23)
  4. Brazil (5.80)
  5. Colombia (3.02)
  6. Panama (2.39)
  7. Mexico (2.29)
  8. Ecuador (0.95)
  9. Argentina (-0.06)
  10. Peru (-1.00)
  11. Bolivia (-1.48)
  12. Guatemala (-3.51)
  13. Dominican Republic (-4.56)

"Mexican companies have increased their commitment to sustainability, but there is still room for improvement in integrating exponential technologies and regenerative business models, as well as ensuring equitable access to green financing", stated Boyd Cohen, director of the Master in Sustainable Business at EGADE Business School and leader of the research team behind the index.

TRANSPARENCY, CLIMATE INNOVATION, AND SUSTAINABLE FINANCE

The study reveals that countries with the highest number of companies reporting their environmental impact to the Carbon Disclosure Project (CDP) and adhering to the UN Global Compact have demonstrated a stronger commitment to sustainability.

Regarding climate innovation, Brazil and Chile lead in clean technology startups, while Mexico stands out in solar and wind energy, though its innovation ecosystem for energy transition remains in development.

The index also highlights Brazil's, Mexico's, and Colombia's progress in issuing green bonds and adopting ESG criteria. However, regulatory challenges and the lack of standardized sustainability metrics persist, limiting investors' and regulators’ ability to assess environmental and social risks.

SUSTAINABILITY EDUCATION REMAINS A CHALLENGE

The study underscores the need to strengthen sustainability education in Latin America. Brazil, Colombia, and Mexico lead in institutions affiliated with the Principles for Responsible Management Education (PRME), yet the integration of sustainability into business curricula remains limited.

"The future of corporate sustainability in Latin America will depend on countries' ability to establish strong regulatory frameworks, boost green financing, and promote sustainability education", Cohen affirmed.

The index was presented at EGADE Business School in Monterrey during the launch of the new Master in Sustainable Business, a program designed to equip leaders with the skills to integrate sustainability into business strategies.

The event also featured the panel discussion "Success Stories in Corporate Sustainability Management," with participation from Jimena Marván, executive director and co-founder of Chapter Zero Mexico; Marianela Santos, CEO of Kalpa Ventures and president of the Corporate Social Responsibility Committee of the American Chamber of Commerce Monterrey; and Vicente Saiso, global vice president of Sustainability at CEMEX.

Data from internationally recognized sources were analyzed to develop the index. The study considered B Corps certifications, which assess companies’ commitment to sustainability, as well as climate change and carbon management reports from CDP. It also incorporated data from Crunchbase on climate technology startups, the Green Future Index, which evaluates countries’ progress toward a green economy, and the Labour Rights Index, which measures labour rights standards across nations.

Additionally, the study included indicators from the Principles for Responsible Investment (PRI) and assessed business schools' participation in responsible education through PRME. It also reviewed companies that have adopted the UN Global Compact's sustainability principles and organizations affiliated with the World Business Council for Sustainable Development (WBCSD).

For more information about the Master in Sustainable Business, click here.

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