BM&FBOVESPA Presents Results of “Report or Explain” at Rio 20
OREANDA-NEWS. June 18, 2012. At the Rio + 20 United Nations Conference on Sustainable Development, BM&FBOVESPA will present data related to sustainability reports or similar published by Brazilian publicly traded companies. The initiative is named “Report or Explain” and seeks to encourage listed companies to report to all stakeholders (especially investors and analysts) information and results related to social, environmental and corporate governance aspects.
The companies had until the end of May to inform in item 7.8 of the Reference Form (“Description of the company’s relevant long-term relationships not elsewhere described”) whether they published a sustainability report or included socio-environmental information in their annual report, indicating where these data are available. If they do not they have to explain why.
The mapped-out results of “Report or Explain” will be presented to the public from 11:00 a.m. on Saturday, June 16, during the “A Green Economy through Sustainability Reporting: On Report or Explain and G4” event organized by the Global Reporting Initiative (GRI), during the Corporate Sustainability Forum at the Hotel Windsor Barra. The Exchange’s Sustainability Director Sonia Favaretto will take part.
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