Analysis of Environmental Information Reported in the Accounting Reports of Brazilian Petrochemical Companies Listed in the São Paulo Stock Exchange (Bovespa)

Authors

  • José Eliano Carneiro
  • Márcia Martins Mendes De Luca
  • Marcelle Colares Oliveira

Keywords:

Environmental Management, Environmental Reporting, Petrochemical Companies

Abstract

   Suppliers of goods and services, large consumers of natural resources and traditional polluting agents have been held responsible for a significant part of the planet’s environmental problems. The society has demanded a new business approach in which the economic development has to be in tune with the environmental responsibility. The environmental policies implemented by these companies due to a legal, moral or ethical reason, must be generated and reported to the stakeholders. This work is aimed to analyze the environmental information reported by public Brazilian petrochemical companies listed in the São Paulo Stock Exchange (Bovespa). For that purpose we analyzed the Standardized Financial Reports annually sent to the Brazilian Securities Commission (CVM) between 2004 and 2006. This is an exploratory research outlined by documental and bibliographical research techniques. The results showed that the disclosed environmental information is insufficient to understand how these companies identify, measure and record the environmental phenomena and which environmental sustainability policies are carried out.

Published

2009-05-14

How to Cite

CARNEIRO, J. E.; DE LUCA, M. M. M.; OLIVEIRA, M. C. Analysis of Environmental Information Reported in the Accounting Reports of Brazilian Petrochemical Companies Listed in the São Paulo Stock Exchange (Bovespa). Contabilidade Vista & Revista, [S. l.], v. 19, n. 3, p. 39–67, 2009. Disponível em: https://revistas.face.ufmg.br/index.php/contabilidadevistaerevista/article/view/360. Acesso em: 21 nov. 2024.

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