BM&FBOVESPA and BNDES announced today the composition of the theoretical portfolio of the Carbon Efficient Index (ICO2), valid from January 07, 2013 to May 03, 2013, based on the end of trading on January 04, 2013. The portfolio valid of today is made up of 36 stocks in 35 companies. The companies are:
ALL, AMBEV, BM&FBOVESPA, BR MALLS, BRADESCO, BRADESPAR, BANCO DO BRASIL, BRASKEM, BRF FOODS, CCR, CEMIG, CIELO, COSAN, ELETROPAULO, FIBRIA, GOL, ITAÚSA, ITAÚ UNIBANCO, JBS, KLABIN, LOJAS AMERICANAS, LOJAS RENNER, MARFRIG, MMX, MRV, NATURA, OGX PETROLEO, OI, PDG REALTY, SANTANDER BR, SOUZA CRUZ, SUZANO PAPEL, TELEFÔNICA, TIM e VALE.
ICO2 was launched in 2010 and is composed of stocks in IBrX-50 index participating companies, which have accepted involvement in the initiative and adopted transparent practices as regards greenhouse gas emissions (GGEs). The weighting of shares in the ICO2 index takes into consideration the greenhouse gas emissions and free float of the companies. The emissions factors are recalculated annually while the free float is assessed every four months.
For the current portfolio, all of the issuance data have been harmonized by the Center for Sustainability Studies (GVces) of the Business Administration School of Fundação Getúlio Vargas (FGV-EAESP), using the ICO2 guidelines. These guidelines require obligatory presentation of a GGE inventory by companies, including scope 1 (direct emissions), scope 2 (emissions from purchased energy) and scope 3 (indirect emissions from business air travel and land logistics).
The ICO2 reducer does not take into consideration GGE offsetting actions developed by the companies. However, in order to view these initiatives, BM&FBOVESPA provides a special environment on its Em Boa Companhia website (http://www.bmfbovespa.com.br/wrs/index.asp?Idioma=pt-br) – portuguese only, for the participant companies to publish their emission inventories and offsetting actions.
For information about the ICO2 acess:http://www.bmfbovespa.com.br/indices/ResumoCarteiraTeorica.aspx?Indice=ICO2&idioma=pt-br.