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As of May 29, BOVESPA and its brokerage firms’ upgraded their pioneering program of corporate social responsibility created in 2003, the BVS - Social Stock Exchange. The BVS was renamed to BVS&A – Environmental and Social Investment Exchange because it has expanded its mission to environmental projects.
BVS&A has been designed to raise funds to Brazilian Nongovernmental Organizations’ (NGOs) educational and environmental projects.
Such initiative, which used to be focused on educational projects targeted at children, teenagers and young adults in several regions of Brazil, now also raises funds for environmental projects. This change is in line with BOVESPA and its brokerage firms’ proposal to foster (NGOs) projects capable of producing meaningful impacts on the areas they are deployed in.
Another benefit from BVS&A is to help promote and boost important concepts such as the social and environmental responsibility and the corporate sustainability. It's about a solid example of how the civilian society can participate in the construction of their citizenship.
Its main goal is to set up an environment intended to create values contributing to worthwhile projects in a transparent and reliable form. Accordingly, Bovespa and its associated Brokerage firms introduce the portfolio of the BVS&A-listed social and environmental projects intended to attract funds for them.
In line with the same analogy used on the stock market, where corporations strengthen their business through Bovespa that turns investors’ capitals into profits and dividends, the supported NGOs can become stronger and turn their investments into a fairer society and a more protected environment.
Upon this project introduction, recognized by Unesco as a pioneer in the world, adopted as a Case Study by the office of the United Nations Organization’s Global Compact and replicated in 2006 in South Africa, Bovespa innovates not only in terms of respect for the channels through which NGOs can raise funds but also through the creation of the Social and Environmental Investor, Social and Environmental Stock and Social and Environmental Profit concepts.
Four Reasons to Invest in the Environmental Social and Investment Exchange:- Funds are fully transferred to NGOs. BOVESPA guarantees all the funds raised by BVS&A will be fully transferred to the selected NGOs’ project, without any kind of fee or deduction -- not even CPMF (Provisional Contribution on Financial Operations).
- BOVESPA oversees all the operations carried out by BVS&A-listed NGOs. All the projects are carefully selected and permanently overseen by a specialized team coordinated by BOVESPA.
- You can follow the evolution of your social and environmental investments. On a web site, you can monitor the evolution of your investments and follow the project progress you’ve contributed to.
- You can create a social and environmental stock portfolio. Likewise the stock market, at BVS&A you can single out the NGOs whose listed projects are more aligned with your social and environmental investment concept. You can either purchase stocks only from the listed projects or create a portfolio with several projects.
