A Eficiência da inserção da variável ambiental nas Instituições Financeiras Públicas e Privadas perante o Protocolo Verde e os Princípios do Equador

Abstract

This study had the goal of measuring the efficiency of the financial institutions in the inclusion of the environmental variable through the Green Protocol and the Equator Principles. For that, was created the Index of Efficiency of Inclusion of the Environmental Variable (IEIVA), through the adaptation of Alimonda an Leão (2005). That index was applied to five financial institutions, with great performance in Brazil, being three public and two private. The analysis of IEIVA led to the understanding of the indices that compose it individually, allowing this way to act preferentially in the indicatorrs that obtained results below the expected, in oder to improve the total performance. At the end it was possible to verify that there is a small difference that favors the public financial institutions (Green Protocol) in relation to the private ones (The Equator Principles). Even so it must be emphasized that these two tools - Green Protocol and The Equator Principles - are not the only ones that allow the introduction of the environmental variable banks, even so they open up a road to sustainable development.