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The new Carbon Efficient Index methodology is now valid for the 2024-2025 selection process, which begins on August 5 and runs until September 30.

Data collection: The information used in the methodology will follow a collection flow by B3 and validation by companies through the ESG Workspace platform.

Creation of the Greenhouse Gas (GHG) Emissions Management Score: A quality indicator for carbon emissions management, assessed according to public evidence of adoption of management practices that indicate possible improvement in the company's Emission/Revenue Coefficient over time.

New inclusion criteria: Expansion of eligible companies for the B3 Brazil Broad-Based Index (IBrA B3), in addition to the set of climate criteria that must be met cumulatively for the asset to be eligible for selection.

The asset must compose the Brazil Broad-Based Index (IBrA B3) portfolio and simultaneously meet the following criteria:

  • Be among the 75% of companies with the lowest Greenhouse Gas Emission x Revenue coefficients.
  • Be among the companies with the best performance in their sector by GHG emissions management score.
  • Adopt at least 4 of the 10 management practices considered in the calculation of the GHG Emissions Score.
  • Validate the GHG Emissions Management Score data previously collected on the ESG Workspace platform and agree to use the data to compose the portfolio.

 

The weight of each asset in ICO2 B3 will now take into account the following aspects:

  • Emission/Revenue Coefficient (or E/R Coefficient).
  • GHG Emissions Management Score.
  • Company performance in relation to its Economic Sector.

Timeline

  • Go-live

    B3 rang the opening bell on June 13 to launch the ICO2 index together with BlackRock and BNDES. The selection process begins on August 5, 2024 and ends on September 30, 2024.

  • Other

    B3 rang the opening bell on June 13 to launch the ICO2 index together with BlackRock and BNDES. The selection process begins on August 5, 2024 and ends on September 30, 2024.

Technical details

  • Catalog changes

    No catalog changes

  • Main systems

    No system impacted

  • Main related functions

    No functions impacted

  • Certification roadmap

    No impact

  • What is the Sinacor version?

    No impact

Material name

Date

Material Type

Language

Format

Size

ESG WS_Manual ICO2 B3 para emissores_31.07.2024

08/02/2024

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pdf

706KB