Princípios do equador – análise do comportamento socioambiental das pequenas e médias empresas brasileiras e seus reflexos na obtenção de crédito junto aos bancos

Abstract

After the creation of self-regulation called Equator Principles in 2003, the main Brazilian banks started to apply the principles and started to incorporate social and environmental aspects in its risk management, in other words, complement the economic and financial analysis with social and environmental aspects, with to mitigate credit risk, operational risk and image, since such risks can impact the customer payment stream, or endanger the reputation of banks to finance projects that cause environmental impacts that may impact so negative population or environment. We chose to study a social and environmental analysis database made by a Brazilian bank for small and medium enterprises, based on a guideline of the Equator Principles, in order to analyze the relationship between the criteria used for environmental analysis and the approval or disapproval credit to small and medium enterprises by environmental perspective . In order to support the research a literature search was conducted on sustainable development and corporate social responsibility and its impact on banks, and how this historical evolution in environmental management reflected in the creation of the Equator Principles in 2003 led by the World Bank finally an insight into the risks involved in lending and the context of small and medium enterprises in Brazil. Through a descriptive analysis supported by a logistic regression analysis of the data, it was concluded that there are positive characteristics related to environmental performance, history of the company that can boost or facilitate obtaining credit from financial institutions, as a station treatment of affluent and waste disposal certificate, and similarly negative characteristics that may hinder or prevent the credit or funding is granted, as companies that commit to funding image or have some involvement with labor analogous to slavery.