BM&FBOVESPA recommendation, 2014.
BM&FBOVESPA renames its “Report or Explain” initiative to be aligned to the international trend of integrating financial and non-financial information in annual corporate reports: “Report or Explain for Sustainability or Integrated Reports”.
Scope
General sustainability/ESG/non-financial
Industry sectors covered by the instrument
All/none specified
Organizations covered by the instrument
All listed companies
Issuer type
Stock Exchange
Type of instrument
Recommendation
Mandatory or voluntary
Voluntary
The geographical scope
National/federal