B3 discloses results of the Report or Explain for the Sustainable Development Goals (SDGs)
São Paulo, September 22, 2017 - The results of the "Report or Explain for the Sustainable Development Goals (SDGs)" present the efforts of companies listed on B3 to publish sustainability or integrated reports taking the SDGs into account. The SDGs are a set of 17 global goals approved by the United Nations in 2015. Among the companies consulted by B3, 147 responded the survey, the equivalent to 33% of the total companies listed on the Exchange. Of these 147 companies, 40% disclose their reports considering the SDGs, are preparing the reports, intend to, or are considering the possibility of including the SDGs in their reports.
Sixty companies take the SDGs into account in their reports, 7 are preparing their reports to include the SDGs, and 36 companies intend or are considering the possibility of including the SDGs in their sustainability or integrated reports.
"The results show that we already have almost one quarter of the listed companies adding value to this agenda and are taking the SDGs into account in their management, although the goals were only recently launched in 2015. Certainly, we have a long way to go but since it was the first year of the initiative we can feel that this UN agenda is gaining momentum in the market," says Sonia Favaretto, Media Relations, Sustainability, Communications, and Social Investment managing director at B3.
This positive assessment is shared by the Global Reporting Initiative (GRI) director in Brazil, Glaucia Terreo, who works in partnership with B3 in this initiative. "The initial results show that there are a significant number of listed companies that are already aware of these challenges. The feedback is important so that together we can better understand the role of the companies listed in this process and reach 2030 with consistent results. Key discussions will be held in workshops scheduled for the coming months. Participating in this project is more than just an activity, it is building on our legacy," says Glaucia.
B3’s initiative in partnership with GRI aims to foster understanding of the SDGs and their progressive incorporation into business strategy. The survey will be conducted annually and is in line with B3’s role to develop and enhance Brazil’s capital markets by encouraging good transparency and management practices among listed companies.
As well as the diagnosis, B3 expects to hold workshops in partnership with GRI in order to engage and enable companies to publish sustainability or integrated reports taking the SDGs into account.
To view the full result of the "Report or Explain for the Sustainable Development Goals" survey, simply click on the data base on B3’s website containing the links to the listed companies’ reports, the reason why some companied do not yet adopt the practice, and those companies who have not responded.
About the Sustainable Development Goals (SDGs)
The 17 Sustainable Development Goals (SDGs) are part of the Agenda 2030 for Sustainable Development, a document approved by the United Nations in 2015. This new agenda sets the priorities and aspirations for global sustainable development by 2030 and seeks to mobilize efforts around a common set of goals and targets.