SUPERVISION OF CORPORATE SOCIAL RESPONSIBILITY (CSR) IN BOLIVIA

SUPERVISION PROCEDURE: HOW THE AEMP MONITORS CSR

The AEMP follows a standardized procedure to supervise CSR practices. It issues formal requests to companies, requiring them to submit detailed reports of their CSR activities from the previous fiscal year.

The required information must include:

• General and specific objectives of the CSR project or program
• Target group, such as individuals with disabilities, children, adolescents, or women in vulnerable situations
• Execution area, such as environmental protection, labor inclusion, or community health
• Activities carried out, achieved outcomes, and measurable indicators
• Executed budget, expressed in Bolivianos

The report must be submitted in both digital and physical formats, limited to 10 pages, within 10 business days from the date of notification.

CSR OBLIGATIONS BY ECONOMIC SECTOR IN BOLIVIA

Specific laws reinforce the mandatory nature of CSR for certain sectors:

• Companies must support individuals with disabilities, in accordance with laws on inclusion and equality.
• Media outlets must allocate free airtime for campaigns against gender-based violence.
• Social programs for children and adolescents are also expected CSR efforts in some sectors.

These sector-specific obligations must be considered when designing and implementing corporate social responsibility strategies.

WHAT HAPPENS IF A COMPANY DOES NOT RESPOND TO THE AEMP’S REQUEST?

Failure to respond to a formal request from the AEMP may result in administrative warnings that harm the company’s public image and increase future oversight.

Late submissions, non-responses, or incomplete information can trigger stricter monitoring measures, including on-site inspections or monetary sanctions.

WHICH COMPANIES MUST COMPLY WITH CSR IN BOLIVIA?

CSR compliance is mandatory for commercial companies regulated by the AEMP. However, a recent administrative resolution established a voluntary framework for sole proprietorships, associations, foundations, and other legal entities. This promotes the gradual adoption of CSR without imposing regulatory burdens on these entities.

HOW TO LEGALLY RESPOND TO A CSR REQUEST FROM THE AEMP

If your company has received a CSR request from the AEMP, it is crucial to respond promptly and correctly. Even if no CSR activities were carried out, you must formally inform the regulator. If you need to develop or formalize low-cost, high-impact CSR projects, professional guidance is recommended to ensure compliance and maximize reputational benefits.

Our legal team in Bolivia has extensive experience in preparing CSR reports, developing tailored programs, and representing clients in administrative procedures. We can guide your company through every step to ensure full legal compliance and a positive social contribution.