Abstract
Business companies have entered the sustainable development to achieve growth in the market in which they operate and remain in the long term, as well as the generation of higher income. The objective of the present study is to correlate the environmental strategies as support for assessment and financial return of the Brazilian energy sector companies that are listed in the corporate sustainability Index (ISE) in the Bolsa de Valores Bovespa/BMF. For this correlation analysis, we used the Data Envelopment Analysis DEA, to perform the assessment of efficiency through the classic border and construction of a combined index ranking, with statistical analysis conducted by SPSS, with the data from the 10 companies in the energy sector used in the research. For analysis of environmental strategies, analyzed all the Yearbooks published, through a qualitative analysis. As a result, was raised a ranking of companies which presents the company Light S/A as the most efficient financial and environmental correlation. Is also a general survey of the main strategies used by each company, in order to contribute to a sustainable actions alignment to the State of national art.
Highlights
Companies are in an environment where their responsibilities go beyond its economic character
Based on the perception about the importance acquired sustainable practices by companies, the aim of this study is to analyze and discuss the possible effects that the incorporation of environmental strategies of energy sector companies, listed in the corporate sustainability Index-ISE influence in economic and financial gains for companies and support for their development in the market, through the analysis of efficiency calculated by the Data Envelopment Analysis (DEA)
The demand for socially responsible investment (Sri) by investors has given the creation of stock indices, to identify companies that incorporate these concepts in various countries
Summary
Companies are in an environment where their responsibilities go beyond its economic character. The self-production of the industrial sector grows at rates higher than those of the electricity demand in this sector, which reduces the pressure of demand on supply expansion in the network of the electrical system Another highlight refers to the residential sector. Based on the perception about the importance acquired sustainable practices by companies, the aim of this study is to analyze and discuss the possible effects that the incorporation of environmental strategies of energy sector companies, listed in the corporate sustainability Index-ISE influence in economic and financial gains for companies and support for their development in the market, through the analysis of efficiency calculated by the DEA. The second section discusses the management concept of sustainability, corporate sustainability index (ISE) and the Brazilian energy sector in more detail, and gives an overview of previous studies that examined the relationship between the ISE and the financial performance of companies. Continuing with the discussion on the main results and the last section concludes the article and gives some suggestions for future research
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
