“More companies adhere to ‘Report or Explain’” – BM&FBOVESPA – July 15, 2014

On July 15, 2014 BM&FBOVESPA announced in a press release that “integrated reporting has already been adopted.”

The third annual update of the “Report or Explain for Sustainability or Integrated Report” database shows how this issue has remained on the agenda of listed companies. These companies continue to publish non-financial information or explain why not, with 18 new firms adhering to the initiative, representing 71.17% of all of the companies listed on the Exchange.”

The press release includes a graphic presentation of disclosure trends during the past three years – the “report or Explain” initiative was launched in 2012.

You may read the press release on the media room page of the BM&FBOVESPA internet site.