Deputy proposes barring dividends from companies involved in environmental disaster – 05/03/2023 – Panel SA
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Deputy Alfredo Gaspar (União-AL) presented a bill last week so that companies involved in environmental disasters are prevented by law from transferring their profits to shareholders.
According to the text, the funds must be used to pay damages and other compensation until the victims are fully compensated.
Gaspar mentions the tragedies of Mariana and Brumadinho, in Minas Gerais. In his defense of the project, he says that creating mechanisms for effectively punishing company management is a way to increase environmental safety, in addition to contributing to transparency and accountability.
In the case of companies listed on the Stock Exchange, the CVM (Comissão de Valores Mobiliários) would be responsible for regulating the suspension of dividends, according to the congressman.
Joana Cunha with Fernanda Brigatti, Paulo Ricardo Martins It is Diego Felix
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