IFC and its partners, Bovespa and the Getulio Vargas Foundation, are launching a sustainability index in Brazil— the first of its kind in Latin America.
It will include up to 40 local companies listed on the Sao Paulo Stock Exchange and will track not only their economic and financial performance, but also their corporate governance and environmental and social performance.
The new index was announced on December 1, 2005, as part of IFC's International Conference on Sustainable Finance in Emerging Markets, held in Sao Paulo.
A sustainability index serves two purposes: it informs potential investors about the sustainability of listed companies' operations, and in doing so it encourages listed companies to focus more on environmental, social, and corporate governance concerns. An index can thus help a country's business community understand how attention to sustainability is good for business.
The Bovespa Sustainability Index is part of a trend to integrate sustainability into lending and investment in emerging markets—a trend widely supported by Brazil's private sector and one that IFC is promoting worldwide. Other developing countries are looking to launch a sustainability index, with Brazil's index expected to serve as a model.
Related Links:
Partners
- IFC's Sustainable Financial Markets Facility ...>>
- Bovespa ...>> [in Portuguese]
- Getulio Vargas Foundation, Center for Sustainability Studies ...>> [in Portuguese]
Background Documents in PDF Format
- Bovespa Sustainability Index Overview ...>>
| - Bovespa Corporate Sustainability Index 2005 ...>> [in Portuguese & English) (full document) |
Summary & Content/Sumário [in Portuguese & English)
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| English Version: | Versão Em Português: |
Introduction
Sustainability Indices In Stock Exchanges
The Bovespa Corporate Sustainability Index (Ise)
Questionnaire
General Dimension
Corporate Governance Dimension
Economic And Financial Dimension
Environmental Dimension
Environmental Dimension For Financial Institutions
Social Dimension
Glossary
References | Introdução
Índices De Sustentabilidade Em Bolsas De Valores
O Índice De Sustentabilidade Empresarial Da Bovespa (Ise)
Questionário
Dimensão Geral
Dimensão Governança Corporativa
Dimensão Econômica-Financeira
Dimensão Ambiental
Dimensão Ambiental – Instituições Financeiras
Dimensão Social
Glossário
Referências |
- Agenda, 2nd International Conference on Sustainable Finance in Emerging Markets ..>>
- Press Releases in PDF Format:
Sao Paulo/ Washington DC, December 1, 2005
Bovespa Launches Business Sustainability Index in Brazil with IFC’s Support
La Bolsa de Valores de São Paulo lanza el índice de sostenibilidad empresarial con apoyo de IFC [in Spanish]
