Investor Presentaiton
Forestry Operations
In 2022, as Eldorado Brasil celebrated its 10-year
anniversary, our forestry operations achieved remar-
kable milestones. Our pulpwood eucalyptus forests
grew to a total of 267,300, and we sourced an
additional 60 million cubic meters (m³) of pulpwood
from the market. During the year, we planted more
than 300 million eucalyptus trees on owned and
leased land, and maintained 117,000 hectares of
protected areas.
Alongside this expansion, we invested in technology
to streamline our operations and decision-making.
Out of the 2,500 clones we tested in the year, 157
were selected as genetic material for annual plan-
ting across our more than 300 farms throughout the
state of Mato Grosso do Sul. As part of our genetic
improvement efforts, we successfully registered five
elite cultivars with the Ministry of Agriculture and
Livestock (MAPA). These cultivars were selected from
progenies imported from Australia and other parts
of the world. Known as local varieties, these cultivars
exhibit well-adapted characteristics to our sites,
demonstrating enhanced growth and resilience
to water deficit, common pests, and eucalyptus
diseases. Our research in genetic improvement
and biotechnology continues to advance. During
the year, we established an experimental network
within our Genetic Improvement Program (PMGF).
We implemented 48 new trials, covering a total of
133 hectares, and introduced 755 new progenies
and 534 new clones. The goal in these trials is to
develop high-yield genetic material adapted to our
plantation sites, with optimal pulpwood properties
and high tolerance to biotic and abiotic stressors.
Eldorado is currently developing several biotech-
nology projects, particularly in metagenomics. We
have made significant progress in characterizing
microorganisms associated with eucalyptus and
exploring the production of novel inoculants. Also
as part of our forestry improvement efforts, we are
currently developing a project, called "Pizarro," in col-
laboration with SENAI and EMBRAPII. This partner-
ship aims to develop tools to reduce the time taken
to evaluate and select genetic materials within the
Eldorado Genetic Improvement Program. Phase
one of the project involved the development of NIR
(Near Infrared Spectroscopy) models for pulpwood
quality characterization, and in vitro multiplication
of 1,000 progenies from a hybridization field.
Our bio-inputs factory has supported our efforts to
protect approximately 150,000 ha of forests through
the release of laboratory-bred natural predators to
control opportunistic pests and reduce the use of
chemical products. We also implemented a large-
-scale experimental forest management project
(Floresta de Máxima Produtividade) in the year, with
around 500 hectares of trial fields using different
eucalyptus cultivation methods, including different
row spacing, genetic materials, fertilization, lighting
levels, and forest irrigation. This is supported by a
sophisticated plant sensor system, allowing us to
evaluate the trees' response to tested alternatives
in controlled environments, monitored by weather
stations and biological flow analysis. Led by five of
Brazil's leading crop science and forestry professors,
this project will substantially enhance our unders-
tanding of planted forest management in the state
of Mato Grosso do Sul, enabling us to fine-tune our
forestry practices.
In 2022 we continued our strategy of mechanizing
our forestry operations, achieving a mechanization
rate of 71.35%. We also continued to expand our
communication tower network, amplifying the
forest fire protection envelope. In addition we
completed the installation of 30 weather stations,
covering 98% of our total eucalyptus area. An
ambitious telemetry and machine sensor project,
combined with artificial intelligence and satellite
imagery programs, has improved our ability to
remotely manage pulpwood operations from our
Forestry Intelligence Center (IRIS). Using 150 nano-
-satellites, multi-temporal mapping and analysis,
and RGB and NDVI monitoring technologies, we
closely monitor daily planting and harvesting ope-
rations, as well as the levels of weed competition.
Eldorado has created an integrated mapping portal
covering our entire forest estate, which automa-
tically generates custom maps for each manager.
Team leads and technicians use a tablet-based
software system, called Gisagre, to navigate our
pulpwood operations and collect comprehensive
information about eucalyptus stands, including area,
year planted, genetic material, fertilization methods
used, and the latest growth and volume measure-
ments in the observed area.
HV130
In 2022 we harvested and hauled approximately 6
million cubic meters of pulpwood to our mill. We
also invested in infrastructure on company-ope-
rated farms. including 1,461 kilometers of new roads
and 14,000 kilometers of road repairs.
Eldorado provided extensive training to develop
3,000 employees, including 1,000 forest fire res-
ponders as well as machinery operators, drivers,
and leaders at different levels. In collaboration with
Empresa Conexão-FGV, we developed a course,
called "Germinar," to equip future leaders with
high-level managerial and technical skills, preparing
them for managerial roles within the company.
Occupational safety has always been a priority at Eldo-
rado. Through programs such as Safety Blitzes, Inova+,
VISTA and Lidere a Vida, we have successfully reduced
our injury frequency rate by 91.24% (from 2.97 to 0.26)
and our injury severity rate by 90.38% (from 52 to 5)
since our company was founded in 2012.
Eldorado Brasil
44
Foreword
Sustainability Report 2022
The Eldorado
Way
Corporate
Governance
Planet
Stewardship
People
GRI Content
Index
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