Annual reports are publications that are aimed at a variety of audiences. They present companies’ results and targets, becoming an important reference in the decision making process of investors. The inclusion of corporate responsibility and sustainability in these reports has become a worldwide trend among companies.
For the second consecutive year, BM&FBOVESPA’s Annual Report for 2011 presents information on the economic & financial, social and environmental dimensions in a single publication. The decision to publish an integrated Annual Report simultaneously containing financial and non-financial information was based on the view that these three dimensions are interrelated and should be disclosed to the market at the same time, stimulating analysts and investors to include socio-environmental and corporate governance issues in their assessments of stock prices and investment decisions. The Annual Report follows the GRI (Global Reporting Initiative) model, the international sustainability reporting standard, complies with Level C requirements and has been checked by GRI.
BM&FBOVESPA publishes an Integrated Annual Report containing financial and non-financial information. In combining these agendas, the Exchange shows how it understands that socio-environmental questions and corporate governance are key elements in investment decisions and the pricing of financial assets. The Annual Report was developed based on Global Reporting Initiative (GRI) methodology. BM&FBOVESPA is the second Exchange in the world and the first in the Americas to report using this model.
For the first time, BM&FBOVESPA has published an annual report in accordance to the criteria of the GRI – Global Reporting Initiative, a non-profit organization, headquartered in Amsterdam, the Netherlands, that has created the most widely accepted sustainability report methodology in the world. BM&FBOVESPA is the second exchange in the world and the first in the Americas to produce an annual report following this methodology.
