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Our journey towards sustainability drives us to explore innovative solutions and make this a central theme in our operating strategy. With a future-oriented vision and a solid commitment to sustainability, we are shaping the global energy landscape toward a cleaner, more sustainable future.
Our sustainability strategy permeates the five priorities for generating value: Agricultural Productivity & Efficiency, Mobility, Second Generation Ethanol (E2G), New Renewable Products and Power, with a commitment to management and execution as a long-term responsibility.
This agenda also has robust governance, which is essential to guide our operations in a transparent and responsible manner.
It is made up of 5 main pillars. They are:
This is the process where we listen to our stakeholders and analyze documents (both internal and external) to identify the most relevant Sustainability topics for Raízen. At this stage, we engage an external consultancy firm to dive deep into documents, reports, studies and strategies apposite to our sector. In accordance with the double materiality concept, we accordingly identify both the impacts of our business on the economy, society and the environment and the impacts of externalities on our results and performance.
Based on material topics, since the 2018/2019 harvest we have developed and kept our Strategic Sustainability Plan updated, which contains long-term goals and actions with direct involvement of our VP and CEO. This endeavor has significantly enhanced the maturity of our Raízen ESG Agenda management and governance. For each of the topics, we have set ambitions and objectives to be achieved by structured actions and conducted by technical working groups, which report indicators and progress to the Corporate Social Responsibility Committee.
We are committed to generating positive impact through our operations, and this commitment extends to the influence we exert on our partners to advance sustainability. Making public commitments is a tangible way to demonstrate leadership's commitment to ESG (environmental, social and governance) goals and influence future strategic objectives. Therefore, in 2018/2019, we made public our commitments until 2030, aligned with 15 of the 17 Sustainable Development Goals (SDGs) of the UN 2030 Agenda and our material themes.
To ensure the performance cadence of our Strategic Sustainability Plan, the action plans, and our Public Commitments, we rely on Governance Forums, aligned with senior management and dozens of internal leaders from our company. They are:
Comprised of the CEO, a numbers of VPs and our shareholders (Shell and Cosan)
Comprised of the CEO, a numbers of VPs, ESG Ambassadors and representatives spanning our four operations
Comprised of ESG Ambassadors and expert leaders related to a material topic, such as the Diversity and Inclusion Committee, for example.
Here you will find the key documents that set out our rules and corporate guidelines for material and strategic ESG topics, such as corporate policies and procedures. They include: Sustainability Policy, HSE Policy, Social Performance Policy, Competition Compliance Policy, and others.
In our efforts to promote decarbonization solutions and drive the energy transition, we actively seek opportunities to attract investment for our expansion. Since the begining of our Sustainable Finance journey, in 2021, we have successfully integrated a ESG label into some of our financial operations, either by aligning with ESG goals or by financing projects related to renewable energy and energy efficiency. Below, we highlight our main documents on this context:
Framework - Sustainability-linked
SPO | Framework - Sustainability-linked
Framework - Use of Proceeds
SPO | Framework - Use of Proceeds
The Circular economy is a strategic concept where waste becomes inputs for the production of new products, guided by three pillars.
At Raízen, this concept is present in various phases of the production processes, such as in the production of second-generation ethanol and bioenergy from bagasse, in the reuse of sugarcane water in the process, in the use of industrial waste as fertilizers in the field, among other initiatives.
Waste management and the optimization of natural resources at Raízen are based on the efficiency of our processes, ensuring greater value creation and business sustainability.
