Ricardo Pinto Nogueira, executive operations superintendent at the São Paulo Stock Exchange (Bovespa), explains the launch of a new corporate sustainability stock index.
What is the corporate sustainability index?The Bovespa's
Corporate Sustainability Index (ISE) will be the first stock
index in Latin America designed to measure the return on a
portfolio of companies that are highly committed to
sustainability. That is, the economic, social and environmental
sustainability of the company, or what is known as the "triple
bottom line." The ISE will also consider companies' corporate
governance standards. The ISE is similar to the Dow Jones
Sustainability Indexes, launched in 1999. What is driving
interest in sustainable investing in Brazil?Brazilian companies
are exporting more to different markets than they were five
years ago, and they are more exposed to the laws of these
different markets. For example, exporters in the furniture and
paper and pulp industries are under pressure to subscribe
Already have an account?
Subscribe now for unlimited access to all current and archive news, data and market analysis.
Take a free two-week trial now for the latest news, data and market analysis.