Sustainability and social responsibility are themes that have increasingly occupied the discussions within Governments, companies and organizations around the world. The social function of the organizations and the interdependent relationship between the economic, social and environmental systems are increasingly evident to society.
For BNDES, which assumes the commitment to sustainable development in its Mission, Social and Environmental Responsibility is to value and ensure the integration of the social and environmental dimensions into its strategies, policies, practices and procedures.
Therefore, the Bank counts with the Social and Environmental Responsibility Policy, the Social and Environmental Policy and the Sustainable Purchase Policy – each one with its role in promoting sustainability.
While the Social and Environmental Responsibility Policy sets comprehensive principles and guidelines that exceed all BNDES’s activities and guide its relationship with the various stakeholders, the Social and Environmental Policy values sustainability in the granting of financial assistance. This policy establishes, among other factors, social and environmental criteria for the analysis of financing to companies and projects, especially in sectors of great impact, as cattle farming and electric power. These criteria are explained in the Social and Environmental Guides.
BNDES’s Sustainable Purchase Policy, on its turn, encourages the adoption of sustainable practices in the relationship between the Bank and its suppliers. Among its guidelines are, for instance, the development of partnerships with other institutions for the articulation of shared sustainable purchase and the requirement of objective criteria of sustainability in the bidding and direct contracting processes of BNDES, whenever possible.