ENGIE Brasil Energia continues as a component of B3’s ISE
ENGIE Brasil Energia has been a component of Brasil, Bolsa, Balcão’s (B3) Corporate Sustainablity Index (ISE) portfolio since launch 15 years ago. Only six other companies listed on the B3 have continually featured in the index since inception. Effective from January 6 until January 1, 2021, the new portfolio has 36 shares in 30 companies, corresponding to 37.62% of the total value traded on B3. The announcement was made on December 2 at the head offices of the American Chamber of Commerce (Amcham Brasil) in São Paulo.
“We are celebrating one more year in the ISE with the certainty that our market, shareholders and well as other stakeholders view our management practices together with products which increasingly act as catalysts for sustainable development, as differentials,” declares Chief Executive and Investor Relations Officer of ENGIE Brasil Energia, Eduardo Sattamini.
The ISE is deemed Brazil’s most important corporate sustainability stock index, ranking fourth in the world. Its key objective is to perpetuate the theme and ensure its dissemination among companies. The executive adds that electricity sector is one of the drivers of global decarbonization and ENGIE is proposing to lead this movement by offering renewable solutions and those in close proximity to the clients.
“To have been a component of B3’s ISE for 15 years now is indicative that we are on the right track and more than this, in a constant state of evolution. In terms of the demands on the company, the bar is being raised year after year, stimulating us to reflect constantly on how we can improve”, comments Investor Relations manager, Rafael Bósio.
In 2020, five of the United Nations Organaization’s (UNO) Sustainable Development Goals (SDG) are to be prioritized by the ISE: SDG 7 (affordable and clean energy), SDG 8 (decent work and economic growth), SDG 9 (industry, innovation and infrastucture), SDG 11 (sustainable ciities and communities) and SDG 13 (climate action).
Over the next 15 years, UNO’s vision is that the companies should act in convergence with the 2030 SDG agenda, expanding the dialog on specific themes such as socio-environmental emergencies, local development, human rights, communication with stakeholders, socio-environmental policies, management of risk and opportunities, governance, compliance and the fight against corruption.