Influência do Índice de Sustentabilidade Empresarial (ISE B3) no Desempenho Financeiro de Empresas do Setor de Energia com Método Dematel

Oliveira, N. R. G. de, & Martins, H. dos S. (2026). Influência do Índice de Sustentabilidade Empresarial (ISE B3) no Desempenho Financeiro de Empresas do Setor de Energia com Método Dematel. Future Studies Research Journal: Trends and Strategies [FSRJ], 18(1), e956. https://doi.org/10.24023/FutureJournal/2175-5825/2026.v18i1.956

Resumo

Objetivo: Este estudo avaliou, utilizando o método DEMATEL, a influência do Índice de Sustentabilidade Empresarial (ISE B3) no desempenho financeiro de algumas empresas do setor de energia.

Originalidade/Valor: A pesquisa contribui para o avanço da mensuração integrada da sustentabilidade, evidenciando o alinhamento entre práticas sustentáveis e geração de valor econômico. Também propõe um modelo replicável para empresas de setores regulados, ampliando o uso de métodos multicritério em análises estratégicas.

Métodos: Aplicou-se o método DEMATEL para analisar as inter-relações entre fatores de sustentabilidade, com base na percepção de uma especialista do setor, resultando na identificação de temas críticos com maior influência sistêmica.

Resultados: A análise revelou que práticas sustentáveis prioritárias impactam indicadores como EBITDA, retorno sobre o patrimônio líquido (ROE), margem líquida e índice de endividamento.

Conclusões: O estudo confirma que o alinhamento entre desempenho sustentável e financeiro é viável quando há abordagem sistêmica e integração de indicadores.

https://doi.org/10.24023/FutureJournal/2175-5825/2026.v18i1.956

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