Características do disclosure em empresas de alto impacto ambiental, cadastradas no ISE: um enfoque no Índice dos Gastos Ambientais (IGA).

Abstract

Faced with a scenario in which the population began to demand from companies actions and projects that pay attention to sustainable development, companies started to highlight their environmental, managerial, financial and accounting processes to satisfy this imperative. The objective of this research was to identify the characteristics of environmental disclosure, measure the level of environmental disclosure and the relationship between spending on the environment and net revenue. To achieve this, we sought to describe the characteristics of environmental disclosure in companies with high environmental impact, selected in the sample, identifying the level of environmental disclosure; and subsequently, it was verified how the Environmental Spending Index (IGA%) behaved. The Explanatory Notes and Sustainability Reports from 2014 to 2017 were used as a data collection instrument. The results show that in the four years, the seventeen corporations presented 7,219 environmental sentences, 86.32% of which were favorable to the companies' reputation. It was noted that most of the evidence is declarative, and that although most of them are described in the Sustainability Reports, there is no standardization in the environmental phenomena disclosed. All companies disclosed their spending on the environment, however, four exceeded, on average, 1% of spending in relation to net revenue in the period. In this way, compared with related studies, there is an advance in the disclosure of the value of environmental expenses and liabilities, as evidenced by the results described in the IGA.