Integrated Report 2020
Braskem
INTEGRATED
REPORT 2020
STRATEGIC PLANNING
A MESSAGE FROM THE BUSINESS LEADER
19
BRASKEM
CAPITAL PERFORMANCE
ABOUT THE REPORT
CREDITS
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Strategic Pillars
Pilares
Objective
के
همه
225
1. Productivity
and
competitiveness
• Braskem as a first
quartile operator
2. Sustainability¹
3. Diversification
Innovation
enables all
pillars
4. People,
innovation,
governance and
reputation
5. Capital
allocation/
financial rigidity
•
•
•
•
Reference in the global
chemical and petrochemi-
.
.
Actions in 2020
Best security performance in the past three years
Renewal of raw material contracts with Petrobras for
petrochemical complexes in Brazil
• Increased energy efficiency thanks to Digital Center tools
• Implementation of the "Transform for Value" Program
• Launched commitments for 2030 and 2050
• Signed long-term agreements for the purchase of
renewable energy
cal sector for its sustainable Advanced in partnerships for mechanical and
development
Increased diversification in
raw materials, markets and
products, with new ope-
rations representing more
than 50% of EBITDA
Be recognized as a com-
pany that promotes local
development and human
rights
Braskem as a financially he-
althy company that creates
shareholder value
chemical recycling
• Expanded production and commercialization of Green PE
• Expanded sales of products with recycled content
• Started commercial production of the new PP plant
in the U.S.
• Accelerated the project to import ethane in Mexico
•
⚫ 40% of the resin production capacity is now located
outside Brazil
Reduced dependence on naphtha as a raw material,
reinforcing leadership in PP in Brazil and in the Americas
• Significant progress in the financial compensation
program and support for the relocation of impacted
families
•
• Diversity and Inclusion in the Internship Program
Conclusion of external monitorship and certification of
the Compliance Program
•Significant reduction in corporate leverage
•
.
Positive cash generation, with strong operating results
⚫ Robust financial liquidity, with mostly long-term debt
Priorities 2021
• Increase reliability and efficiency
of industrial operations
•Ensure competitive supply of
ethane to Braskem Idesa
Advanced in the implementation
of ESG commitments
⚫ Intensified energy matrix diver-
sification, especially in renewable
energy and alternative fuels
•Structure new growth models
and reduce risks with cooperati-
ve models
Increase
efficiency in
innovation
and accelerate
digital
• Expand product portfolio aligned transformation
with business strategy
• Advance with the Financial
Compensation and Relocation
Program in Alagoas
•Strengthen Braskem's image
among team members, custo-
mers, suppliers, investors and
society in general
• Reduce leverage and preserve
financial health
Safe action is a permanent focus for Braskem operations: it is a non-negotiable value within our strategy
1 The Sustainability pillar was included in our corporate strategy in 2021. Nonetheless, we already made several advances in this regard over the course of 2020, in particular regarding socio-environmental commitments for 2030 and 2050.
**Intellectual Capital is a cross-organization resource for all strategic pillars.
Aggregate capital
Manufactured
Capital
Human Capital
Intellectual
Capital
Manufactured
Capital
Natural Capital
Social and
Relationship
Capital
Manufactured
Capital
Human Capital
Social and
Relationship
Capital
Financial CapitalView entire presentation