apresentação do powerpoint · 2.100 2.600 3.100 3.600 ibovespa ise performance evolution ise x...
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PUBLIC INFORMATION 1
Sustainability at B3
PUBLIC INFORMATION 2
B3’s key role in sustainable development
Development of financial and capital markets
A financing and growth source for companies
and an investment alternative for market agents
Sustainable development
Member of the GRI Brazil Advisory Group
Member of the Advisory Board of CDP Latin America
Co-vice-chair of the Sustainability Working Group of the WFE
The first stock exchange in the Americas and the sixth in the world to adhere to
Women’s Empowerment Principles (WEPs), 2017
A founding signatory to SSE – Sustainable Stock Exchanges initiative, UN, 2012
1st exchange from an emerging country to be signatory to the
PRI – Principles for Responsible Investment, 2010
SDG Advisory Committee
1st stock exchange in the world to be signatory to the Global Compact, 2004.
Sonia Favaretto recognized as one of the ten "2016 Local SDG Pioneers".
Vice-president of the Global Compact Brazilian Committee
B3 – one of the world’s largest financial market infrastructure
providers in market value
PUBLIC INFORMATION 3INFORMAÇÃO INTERNA 3
Influence of UN media and other initiatives to advance the integration of ESG in industry.
World
Structuring the ESG agenda through the Federação Ibero-Americana de Bolsas(FIAB).
Latin American
Induction of best practices: transparency and disclosure; mobilization; insertion of ESG issues into the mainstream through products and services
Brazil
As a listed company“walk the talk”.
B3
B3’s agenda
Products and
services
Transparency
Education
Influences and
partnerships
• ISE – Corporate Sustainability Index
• Report or Explain for the Sustainable
Development Goals (SDGs)
• Sustainability guides from B3 align to
TCFD and 2030 agenda
1.
2.
3.
4
5.
PUBLIC INFORMATION 4INFORMAÇÃO INTERNA 4
OurChallenge
Investors need relevant and quality
socio-environmental information for
complete decision making.
Without this information, investors
follow the traditional resource
allocation model, which prioritizes
economics and finance.
Companies and sustainability
experts, meanwhile, complain that
investors fail to pay sufficient
attention to socioenvironmental
issues
PUBLIC INFORMATION 5
ISE: the world’s 4th Sustainability IndexAn index that measures average return on a theoretical share portfolio constituted of companies
listed at B3 that have the best sustainability practices.
2007
2009
2008
2010
1999
2003
2001
2005
2014
2015
2011
2016
PUBLIC INFORMATION 6
Corporate Sustainability Index - ISE
General Information
• Composed of up to 40 companies selected from issuers of the 200 most liquid
shares.
• Voluntary participation.
• Methodology based on a questionnaire that has 7 dimensions and on the
submission of evidences. The questionnaire is collectively built.
• Term: January to December.
• On the market: Exchange Traded Fund (ETF), ISE index fund.Net Worth of R$ 26.551.527,86 (April 03, 2018).
• Technical Partner: FGV Sustainability Studies Center (FGVces).
• Assurance Partner: KPMG.
• Press monitoring partner: Imagem Corporativa.
PUBLIC INFORMATION 7
• ISE’s highest governance body.
• Aims to guarantee a transparent process of the Index’s construction and stock
selection.
• Made up of representatives from 11 institutions and headed by B3.
Corporate Sustainability Index - ISE
ISE’S board
PUBLIC INFORMATION 8
ISE Portfolio – 2018BRL R$ 1.282.433.482.115,40 - 41,47% of total market value (position 22/11/2016)
30 companies, 33 stocks, 12 sectors. Term: Jan. 02, 2018 to Jan. 04, 2019.
PREREQUISITE: DISCLOSURE OF ANSWERS TO THE QUESTIONNAIRE
PUBLIC INFORMATION 9
2014
2013
2015
2012
2016
* On October 28, 2015, BicBanco made a successful tender offer, leaving the portfolio and BM&FBOVESPA.
*On June 21, 2016, OI went into exceptional trading status, ceasing to be part of the ISE portfolio on June 22, 2016
*
Companies that authorized disclosure of their answers to the Questionnaire
Evolution
*
PUBLIC INFORMATION 10
600
1.100
1.600
2.100
2.600
3.100
3.600
IBOVESPA ISE
Performance Evolution
ISE x IBOVESPA
BASE 1.000 = 30/11/2005
00,00%
20,00%
40,00%
60,00%
80,00%
100,00%
120,00%
ISE IBOVESPA
Volatility Evolution
ISE x IBOVESPA
BASE 1.000 = 29/12/2005
PUBLIC INFORMATION 11
In 2012, the Exchange started recommending all listed companies to
inform if they published sustainability or integrated reporting. If not, they
should explain the reason for not publishing.
Sustainability or Integrated Reporting 2012- 2016
• As of 2016 following a review, the
Securities and Exchange Commission of
Brazil (CVM) has turned “Report or
Explain” into a specific item for ESG
issues.
2016 – via Brazilian Regulator CVM
7.8 With regard to sustainability policies, please state:
a) whether the issuer discloses social and
environmental information
b) the methodology used to do so
c) whether this information is audited or reviewed by
an independent body
d) the website where this information can be found
Report or Explain for Sustainability or Integrated ReportingIn partnership with GRI
PUBLIC INFORMATION 12
Report or Explain for the Sustainable Development Goals (SDGs) 2017
Does your company elaborate Sustainability or
Integrated Reports taking into account the
Sustainable Development Goals (SDGs)?
Breakdown of explanations
Not yet, but we
intend to or are
studying the
possibility
41%
0%
We know what are the SDGs but
we do not see value in including
them in our report
It is not our company’s
priority at the moment
20%
We do not
know the SDGs
6%
Other
14%
We do not, due
to cost
11%
Not yet, but we are
elaborating it
8%
36
17
5
12
10 7
87
TOTAL
Did not
comment
67%
296
60
87
Yes
13%
No, but
explained
20%
443
LISTED COMPANIES
PUBLIC INFORMATION 13
Sustainability: Business Opportunity in the
Intermediation Sector
Sustainability guide for
brokers, to be lauched in
October 2nd, 2017
Sustainability best
practices e-book for
privately-held companies,
2016
Sustainability in Business:
Getting Started, How to begin,
who to involve and what to
prioritize
– only in Portuguese
http://www.bmfbovespa.com.br/pt_br/noticias/guia-de-
sustentabilidade.htm
List 13 practical steps to be taken by companies to incorporate ESG factors into their business strategy.
Aligned with international
sustainability indicators of
entities such as SSE, WFE, GRI
and Corporate Knights Capital
Second edition of the
Sustainability Guide
Novo Valor, 2016
Novo Valor – Corporate
Sustainability: Getting Started,
How to begin, who to involve and
what to prioritize B3 highlights new business opportunities by
integrating ESG issues into the organizational
structure and internal processes through:
• Guide publication;
• Workshops;
• ESG integration to the Operational
Qualification Program (PQO).
Sustainability Guide Novo
Valor for listed
companies, 2011
Novo Valor – Corporate
Sustainability: How to begin, who
to involve and what to prioritize
http://www.bmfbovespa.com.br/pt_br/institucional/sustentabili
dade/nas-empresas/publicacoes-e-encontros/http://www.bmfbovespa.com.br/en_us/abo
ut/press/recent-releases/press-13.htm
Promotion of best practices
Sustainability guides for companies and brokers
PUBLIC INFORMATION 14
Is the glass
half empty or
half full?