Sustentabilidade e performance financeira: uma análise das empresas brasileiras A+ listadas no Global Reporting Initiative entre 2009 e 2012

• Ano de defesa: 2014
• Autor(a) principal: Budziak, Luís Gustavo
• Tipo de documento: Dissertação
• Tipo de acesso: Acesso aberto
• Idioma: por
• Instituição de defesa: Universidade Positivo; Brasil; Pós-Graduação; Programa de Pós-Graduação em Administração; UP
• Palavras-chave em Português: Ambiente organizacional; Desenvolvimento sustentável; Global Reporting Initiative; CNPQ::CIENCIAS SOCIAIS APLICADAS::ADMINISTRACAO
• Link de acesso: https://repositorio.cruzeirodosul.edu.br/handle/123456789/3020

This work examined whether companies that label themselves as sustainable in their strategic discourse (mission and vision), invest in sustainability rather than in their economic and financial performance. It consists in a sample of 15 Brazilian companies, which reported their sustainable performance in the Sustainability Report (SR) of the Global Reporting Initiative (GRI) version G3, level "A +" , between 2009 and 2012. 54 major indicators reported by these companies were analyzed using formulated indexes. Only sustainability, quantitative and monetary indicators were segregated. The evolution of these indicators was developed and compared with economic and financial variables performance. Finally, we ranked these companies to test which ones presented a sustainable performance that overcame the economic and financial performance, supporting, or not, their sustainability discourse. According to the results obtained, we concluded that the use of quantitative and monetary sustainability indicators is low, only 32%, and that the number of sustainability performance indicators achieved which were higher than the economic and financial performance indicators was: 10.5% against net revenue; 16.7% higher than net income; 16.8% of EBITDA; 16.3% of ROA; and 16.6% above ROE. The above mentioned illustrates a sustainable performance lower than economic and financial performance. At the end it was possible to create a ranking of companies that invested more in sustainability in the period: in the first place is "Light", followed by "EDP Energias", and in third place is Petrobras. The worst result was obtained by Copel. The conclusion is that the companies analyzed use the sustainability idea in their business strategy (mission and vision) more as a discursive point than an actual practice.