CBN Tops Merco Ranking for Sustainability and Corporate Governance in Bolivia

Cervecería Boliviana Nacional (CBN) has once again secured the top position in the Merco ESG Bolivia 2026 ranking, a comprehensive assessment of corporate leadership in sustainability, social responsibility, and governance. This marks the 13th edition of the ranking, which evaluates companies based on their commitment to Environmental, Social, and Governance (ESG) principles.

The report highlights leading companies across various sectors, including beverages, finance, and health. CBN leads in environmental practices, while Farmacorp tops the social responsibility category. Banco Nacional de Bolivia (BNB) and Banco Mercantil Santa Cruz (BMSC) are also recognized for their strong performance in governance and social initiatives. Embol Coca-Cola and Empacar are noted for their environmental efforts.

Merco's evaluation methodology is rigorous, analyzing factors such as environmental commitment, climate change adaptation, and sustainability. It also assesses companies' internal stakeholder relations, customer engagement, community contributions, labor attractiveness, talent acquisition strategies, and HR innovation. Ethical behavior, transparency, and quality of management are crucial components of the assessment, particularly concerning corporate governance.

The results, based on 1,653 surveys, were presented in a special edition across EL DEBER's platforms, with the publication serving as a strategic ally for disseminating the findings. The ranking aims to foster greater transparency and encourage companies to prioritize sustainable and ethical business practices.