Petrobras Will Join Brazil's Main Corporate Sustainability Index in 2021

Petrobras Will Join Brazil’s Main Corporate Sustainability Index in 2021

Written by Roberta Souza

Published on 02/12/2020 at 18:06

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The Brazilian State-Owned Company Stated That It Will Rejoin the Corporate Sustainability Index. A Fact That Had Not Occurred Since 2008 with Petrobras

Petrobras will rejoin the ISE – Corporate Sustainability Index, from B3. According to a statement released by the Brazilian state-owned company, the firm will integrate the main Brazilian index concerning corporate sustainability in 2021, a fact that had not occurred since 2008.

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Roberto Castello Branco, the company’s president, said that “Returning to the ISE is a recognition of our efforts and initiatives regarding environmental, social, and governance aspects. Our Strategic Plan 2021-2025 presents the model of dual resilience, economic and environmental, focusing on low carbon. We have committed to accelerating the decarbonization of our processes and products through new technologies.”

What Is the ISE:

Created in 2005 by the São Paulo Stock Exchange (Bovespa) in partnership with professional entities related to the capital markets, as well as the Getúlio Vargas Foundation, Ethos Institute, and Ministry of the Environment, the index aims to offer investors a portfolio option composed of shares from companies that demonstrate recognized commitment to social responsibility and corporate sustainability.

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Petrobras Will Join Brazil’s Main Corporate Sustainability Index in 2021

The Brazilian State-Owned Company Stated That It Will Rejoin the Corporate Sustainability Index. A Fact That Had Not Occurred Since 2008 with Petrobras

Check Out Other News of the Day:

What Is the ISE:

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Petrobras Will Join Brazil’s Main Corporate Sustainability Index in 2021

The Brazilian State-Owned Company Stated That It Will Rejoin the Corporate Sustainability Index. A Fact That Had Not Occurred Since 2008 with Petrobras

Check Out Other News of the Day:

What Is the ISE:

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Australia prepares to dredge 96.5 million m³ in Moreton Bay to deepen, widen, and realign channels of the Port of Brisbane, in a project of up to 25 years designed to accommodate larger ships and enhance maritime safety and regional port efficiency.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

Spain installs two giant pipelines 2.2 km off the coast to draw water from the Mediterranean and supply a megafacility capable of producing 200 million liters of drinking water per day.

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While most dealerships in Brazil take days to deliver cars, in Germany two 48-meter glass towers hold 800 vehicles and release each model via automatic elevators in a few seconds.

Goodbye to workers assembling rebar on construction sites: intelligent robot carries and positions more than 2.2 tons of rebar per hour, ties 1,200 intersections per hour, and promises to cut up to 50% of the schedule in bridge construction projects.

End of bricklayers laying brick by brick: robot places more than 2,000 bricks per day, automatically applies cement, works with only one human operator next to the machine, and transforms traditional masonry into a high-speed semi-automated operation.

In Japan, a 40 by 60-meter concrete museum without pillars rises like a floating drop, allowing wind, light, and rain inside the space and surprising architects and engineers with the delicacy of the structure.

The sea has stopped just warming and has started pushing storms towards the continent: marine heatwaves are already entering the path of up to 25% of extreme coastal rains and can increase storms by 30%, worsening floods on the coast.