CODIM, Pronouncement no. 14, 2012.

South America Current 2012

This pronouncement recommends that companies disclose information on the integration of key sustainability issues to their strategy, including KPIs and goals, as a means of adding value to the business and the organization’s stakeholders. It also advises the use of the GRI Guidelines, IIRC principles and BM&F Bovespa Sustainability Guidelines for such reports, as well as third party verification.


General sustainability/ESG/non-financial

Industry sectors covered by the instrument

All/none specified

Organizations covered by the instrument

All organizations

Issuer type

Financial Regulators

Type of instrument

Code of conduct or guideline

Mandatory or voluntary


The geographical scope


Project Partners