The Corporate Sustainability Index (ISE) fell 2.56% in June but in the accumulated 12 months (May/10-Jun-11) had a gain of 11.76%. This is according to the monthly ISE bulletin published by BM&FBOVESPA.
In June the ISE performed better than the Ibovespa, which lost 3.43%. In the 12 months through June the Ibovespa gained 2.41%.
Did you know?
ISE turned five in 2010. It was designed to reflect the return on a theoretical portfolio made up of shares in companies that have a recognized commitment to social responsibility and corporate sustainability. It also promotes good corporate practices in the Brazilian business environment.
