Investor Presentaiton
courage to invest in the future,
places Votorantim among the few
Brazilian companies that have an
investment grade rating by the
three main credit rating agencies.
ESG Performance 102-12
102-18 | 102-26 | 102-27 | 102-29 | 102-32
Votorantim's ESG agenda is
guided by the continuous
promotion of ESG themes as
the company maintains its
commitment to transparency,
improves the quality of the
information it discloses,
and adapts its report to
global methodologies to
standardize ESG indicators.
The year 2021 marks the
11th publication of the
annual report according to
the guidelines of the Global
Reporting Initiative (GRI).
During 2021 Votorantim
continued to evolve in the ESG
agenda and in its role as an
engaged investor, with special
progress at the holding level
where emphasis was placed
on the topics of investment
decisions and engagement with
strategic stakeholders.
According to corporate
governance principles, each
of the portfolio companies
has autonomy to manage ESG
issues, in line with its business
strategies. In this context,
Votorantim has three key ESG-
related objectives:
► Influence
► Monitor
► Report
Votorantim became the first
Latin American member of
Focusing Capital on the Long
Term (FCLT), a nonprofit
organization that develops
studies, research, and tools to
drive the creation of long-term
value. The company is joining
more than 70 investors and
world-leading companies in this
initiative.
Votorantim also joined the
Entrepreneurs for the Climate
initiative, led by the Brazilian
Business Council for Sustainable
Development (CEBDS, for its
initials in Portuguese), with
the goal of moving, together
with other participating
companies, toward a low carbon
economy. Some of the portfolio
companies, such as Votorantim
Cimentos, CBA, and Nexa, also
joined the initiative.
Progress in this area was also
made at Altre, which structured
its corporate governance and
created its Board of Directors
with two independent members;
at Votorantim Cimentos
and Votorantim Energia,
which each of created their
Sustainability Commissions;
at Citrosuco, which created its
ESG Committee and at banco
BV and also Citrosuco, both
of which became signatories
of the UN Global Compact,
an initiative that promotes
fundamental and internationally
accepted values in the areas of
human rights, labor relations,
the environment, and the
fight against corruption. The
holding company is also part
of the Global Compact's Anti-
corruption Call to Action.
Influence
Influence portfolio companies
to adopt environmental, social,
and governance best practices,
contributing to the long-term
sustainability of the business.
Monitor
Follow the incorporation of ESG
criteria into decisions regarding new
investments and in the evaluation of
the portfolio companies, while also
monitoring social, environmental,
governance, and reputation risks from
Votorantim's perspective.
Report
Communicate transparently and
consistently about ESG initiatives
undertaken by Votorantim and the
portfolio companies.
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