On January 4, 2012 BM&FBOVESPA announced a recommendation that as of 2012 listed companies publish a sustainability report or explain why they do not. BM&BOVESPA and GRI held training workshops for listed companies on January 17, 19 and 20, 2012 to educate them about sustainability reporting.
In a press release, BM&FBOVESPA explains that “by recommending a sustainability report on a report-or-explain basis, BM&FBOVESPA seeks to contribute to this growing international trend in the financial market.”
For more information, please read the press release issued by BM&BOVESPA on January 4, 2012.