The BM&FBOVESPA (São Paulo Stock Exchange) is including Embraer in its 12th portfolio of the Corporate Sustainability Index (Índice de Sustentabilidade Empresarial – ISE) alongside 33 other companies. This new portfolio will run from January 2, 2017 to January 5, 2018.
According to the BM&FBovespa, the companies listed represent 15 sectors and a total R$ 1.31 trillion in market value, or the equivalent of 52.14% of the total value of companies that trade on the Exchange, based on the close of November 22 2016. The BM&FBOVESPA also informed that 179 companies out of the 200 most liquid stocks in January 2016 were invited to take part in the new portfolio.
The ISE was created in 2005 by the BM&FBOVESPA in conjunction with other institutions, for the purpose of providing comparative analysis of the performance of companies in terms of corporate sustainability, based on economic efficiency, environmental balance, social justice, and corporate governance.