The first index in Latin America combining gender and race criteria in the selection of companies that make up its portfolio is being launched by B3. This is the iDiversa B3, which aims to recognize listed companies with outstanding diversity, one of the assumptions in the ESG area to ensure greater corporate reputation. Consequently, it is proposed to facilitate investors' decisions related to this aspect. Investing in diversity influences the public perception of a company and its position in society.
Among the organizations that make up iDiversa B3, there are those that stand out for being fair and socially responsible, which brings a series of gains, starting with greater trust on the part of society in general. These companies tend to more easily attract and retain an innovative and talented workforce. And, by innovating, largely due to their greater diversity, they become more competitive, being better able to face challenges, due to their ability to adapt better to changes.
With 79 assets from 75 companies, the new B3 index includes those that promote greater representation of underrepresented groups – females, black and indigenous people – in the market (see chart) . The index was constructed based on public data available in the Reference Form (FRe), an annual requirement for publicly traded companies. And it is the tenth in the family of ESG indicators made available by B3. Among others, the ISE, a corporate sustainability index for the Brazilian market, the IGPTW, which brings together the best companies to work for, and the ICBIO, which monitors the prices of decarbonization credits, have already been created.
The 10 with the most weight in your wallet:
Source: B3
. More information at Let's Invest, website financial education program designed by B3
