90
M. Morioka et al.
The company only met the criteria when it was evident in its report, exposing
the detailed results. On the other hand, regarding the criteria that were not met, it
was possible to conclude that the companies do not perform the practices or do not
inform it in their report.
The information used in the Tables 2, 3, 4, and 5, in Appendix 1, was obtained
from sustainability reports relative to 2017, except for the Grupo Boticário, which
has the latest update available on its website relative to 2016.
3.4 Analysis of Companies in the Brazilian Market
To summarize, the largest companies operating in personal hygiene, perfumery and
cosmetics in the Brazilian market, expressed concern to align the company’s growth
with sustainable development.
The companies have on their websites a space dedicated only to the disclosure of
environmental and social practices. Also, most companies provide their sustainability
reports. However, the international companies, Unilever, P&G, and Avon, do not
provide the full report on their Brazilian websites, only the compact versions or
income statements. Consequently, the information applied in this study was consulted
in the sustainability reports available on its international websites.
More importantly, corporate social responsibility information was accessible
and easy to understand, facilitating the dissemination of practices to engage other
companies.
The results obtained from the analysis of company practices (Appendix 1) were
organized and quantified according to the total number of criteria that companies
met (Table 1).
As presented in Appendix 1, 217 practices were raised, which most of them were
related to Governance, Social and Environmental practices.
On the other hand, the study presented by Amaral (2004), which aimed to
analyze indicators and sustainability reports of Brazilian oil companies, showed
that economic performance results were further informed considering the economic
indicators are required to be published.
It is known that environmental measurements have a wide variety and depending
on the country may be a requirement, whereas there were few initiatives for social
performance measures (volunteering) and governance was not yet discussed. The
divergence of the results shows advancement in the theme of 2004–2018, mainly for
the indicators focused on social and governance criteria.
M. Morioka et al.
The company only met the criteria when it was evident in its report, exposing
the detailed results. On the other hand, regarding the criteria that were not met, it
was possible to conclude that the companies do not perform the practices or do not
inform it in their report.
The information used in the Tables 2, 3, 4, and 5, in Appendix 1, was obtained
from sustainability reports relative to 2017, except for the Grupo Boticário, which
has the latest update available on its website relative to 2016.
3.4 Analysis of Companies in the Brazilian Market
To summarize, the largest companies operating in personal hygiene, perfumery and
cosmetics in the Brazilian market, expressed concern to align the company’s growth
with sustainable development.
The companies have on their websites a space dedicated only to the disclosure of
environmental and social practices. Also, most companies provide their sustainability
reports. However, the international companies, Unilever, P&G, and Avon, do not
provide the full report on their Brazilian websites, only the compact versions or
income statements. Consequently, the information applied in this study was consulted
in the sustainability reports available on its international websites.
More importantly, corporate social responsibility information was accessible
and easy to understand, facilitating the dissemination of practices to engage other
companies.
The results obtained from the analysis of company practices (Appendix 1) were
organized and quantified according to the total number of criteria that companies
met (Table 1).
As presented in Appendix 1, 217 practices were raised, which most of them were
related to Governance, Social and Environmental practices.
On the other hand, the study presented by Amaral (2004), which aimed to
analyze indicators and sustainability reports of Brazilian oil companies, showed
that economic performance results were further informed considering the economic
indicators are required to be published.
It is known that environmental measurements have a wide variety and depending
on the country may be a requirement, whereas there were few initiatives for social
performance measures (volunteering) and governance was not yet discussed. The
divergence of the results shows advancement in the theme of 2004–2018, mainly for
the indicators focused on social and governance criteria.