An interview from Emerging Markets ESG
Five Questions about SRI – Weekly Expert Interview with Sonia Favaretto, Sustainability Officer, BM&FBOVESPA, Sao Paulo, Brazil – February 3, 2012
By Geoffrey on February 3, 2012
Each week Emerging Markets ESG publishes an interview entitled, “Five Questions about SRI.” The interview features a practitioner’s insights about SRI in emerging markets and through Emerging Markets ESG shares this expertise with a wide global audience. The goals of Five Questions about SRI are fourfold:
To collect a catalogue of examples of SRI in practice in emerging markets;
To raise awareness about SRI in emerging markets;
To reflect on what SRI in emerging markets means to practitioners; and
To enable SRI practitioners in emerging markets to network with peers around the world.
This week’s interview is with Sonia Favaretto, Sustainability Officer, BM&FBOVESPA, Sao Paulo, Brazil.
BM&FBOVESPA S.A., the Brazilian Securities, Commodities and Futures Exchange, was created in 2008 with the integration of the Brazilian Mercantile & Futures Exchange (BM&F) and the São Paulo Stock Exchange (Bovespa). Together, the companies have formed the third largest exchanges in the world in terms of market value, the second largest in the Americas, and the leading exchange in Latin America. The Exchange features a vertically integrated business model, with trading, registration, netting, settlement, risk management, market data, and central securities depository services. BM&FBOVESPA’s state-of-the-art technological resources provide investors with an efficient and secure trading and post-trading environment. Among its broad range of trading products, the Brazilian Exchange offers equities, securities, financial assets, indices, interest rates, agricultural commodities, as well as foreign exchange futures and spot contracts, and acts as a central counterparty for all of its market segment through its four clearinghouses – equity, derivatives, foreign exchange and securities. Sonia Favaretto is currently the Sustainability Officer at BM&FBOVESPA and the Superintendent of the BM&FBOVESPA Institute. She is a member of the Advisory Committee for the “Companies for the Climate” Program, at the Getulio Vargas Foundation, and President of the Deliberative Board of the Corporate Sustainability Index (ISE).