Bradesco Asset Management (Bram), the second largest private asset manager in Brazil, will create a ranking to identify the companies in its portfolio that invest the most in accordance with the best environmental, social and governance (ESG) practices. “In the same way that investors evaluate a company’s balance sheet and management quality, we have to analyze whether companies are complying with the three ESG pillars,” says Renato Ejnisman, CEO of Bradesco bank.
Companies will receive scores from zero to 100 within the ranking. “Since 2007, we have been analyzing companies based on these criteria. We have also been signatories to the Principles for Responsible Investment (PRI), a UN initiative, since 2010. But from now on, (the process) will be done in a more systematic manner. The ranking will be public. Those with a better rating tend to have more resources. But what we want is for companies to know how the bank wants them to be,” says Ejnisman. Currently, according to the manager’s ranking, Natura, Renner, B3, Bradesco and Itaú are the companies best positioned for investment.
Know more: https://www.infomoney.com.br/onde-investir/bradesco-cria-ranking-ambiental-de-empresas/
