Bill no. 3613, 2008.

South America Project of Law 2008

The bill requires state-owned companies, mixed companies, concessionaires and permissionaires, as well as private companies which have received public financial support, to disclose a CSR report, including information on labor practices, and community and environment-related investments. If the bill is enacted into law, non-compliant companies will not only be subject to fines, but also denied access to public procurement, tax incentives and public credit.

Scope

General sustainability/ESG/non-financial

Industry sectors covered by the instrument

All/none specified

Organizations covered by the instrument

State-owned companies, mixed companies, concessionaires and permissionaires, as well as private companies which have received public financial support

Type of instrument

Legislation

Mandatory or voluntary

Mandatory

The geographical scope

National/federal

Project Partners