COHERENCE IN THE DISCLOSURE OF ENVIRONMENTAL PRACTICES OF COMPANIES LISTED ON THE BUSINESS SUSTAINABILITY INDEX (ISE)

This research aims to verify how the listed companies BM&FBOVESPA answered the ISE questionnaire, in the environmental aspect, are disseminating this information in their sustainability reports. Methodologically, this study has descriptive character, with a qualitative approach. The study sample consists of eighteen companies from Group A that published their responses in the questionnaire since 2013 to 2016, alluding to the environmental dimension, in line with their sustainability reports published until May 2017. The criteria for Policy, Management, Performance and Legal Compliance. As main results, it was observed that in the Policy criterion, the companies did not present divergences in the indicator related to the commitment, scope and disclosure. The Management criterion shows that the divergent relationship on the hierarchical level of the environmental manager was 83% in 2013 and evolved positively reaching 5% divergence in 2016. The Performance criterion changed from 100% compliance in 2013 to 39% in 2016, in the management and monitoring indicator related to sustainability. Finally, in the Legal Compliance criterion, a variability was observed in the results, since companies tend not to disclose their actions and penalties in the reports.