OREANDA-NEWS. November 28, 2011. BM&FBOVESPA announced the seventh portfolio of the Corporate Sustainability Index (ISE), effective from January 02, 2012 to December 31, 2012. The new portfolio is composed of 51 stocks from 38 companies. They represent 18 sectors had have a combined market capitalization of BRL 961 billion, or 43.72% of the total for companies traded on BM&FBOVESPA (on November 23, 2011).

Of the 37 companies in the previous portfolio, 36 have also been selected for the new one. Two companies debuted on ISE: CCR and Ecorodovias, introducing the transport sector to the index. With the 38 companies for 2012 the portfolio is now close to its limit of 40.

There were 182 companies invited to join the new portfolio, these being firms with the 20 most liquid stocks on the Exchange. Of this group of companies, 54 then answered a  questionnaire developed by the Sustainability Study Center (GVCes) of the Escola de Administracao de Empresas de Sao Paulo da Fundacao Getulio Vargas (FGV-EAESP) business school.  Of these firms, six adhered to the trainees’ process, preparing themselves for the coming years. 

ISE reflects the performance of a portfolio of stocks in companies with the best performances in all of the dimensions for the measurement of corporate sustainability. It aims at being a point of reference for socially responsible investment and to be a driver for best practices in the Brazilian corporate world.