Integrated Report 2020

Braskem INTEGRATED REPORT 2020 STRATEGIC PLANNING A MESSAGE FROM THE BUSINESS LEADER BRASKEM CAPITAL PERFORMANCE ABOUT THE REPORT CREDITS ŵ ( 33 ) Carbon neutral circular economy GRI 103-2, 103-3|306 We see Plastic Waste and Climate Change issues as the main challenges for our business and value chain, and our Global Sustainable Development Strategy is designed to make us part of the solution for a car- bon neutral circular economy. Read more about it in Natural Capital. CIRCULAR ECONOMY Plastic is present in most people's daily lives and preserves the quality of products that come into our homes. The plastic industry is responsible for millions of jobs, and companies in other industries also use plastic to reduce production costs and save energy in their own production and distribution processes. Mechanical and chemical Despite such benefits, the production of plastic is also associated with significant environmental impacts. We are keenly aware of our responsibility in this regard and have publicly committed to strengthening the circular economy. The circular economy proposes a systemic approach to ensure continuous flow of resources, regenerating, retain- ing or adding value while contributing to sustainable de- velopment. This is the direction we will follow in all actions. Our strategy for the transition to a circular economy is based on mechanical and chemical recycling solutions. We are partnering with the other players in our value chain to strengthen mechanical recycling and overcome technical and logistical barriers to ensure adequate volumes of high-quality recycled material. We are also working on enhanced technologies and solutions for chemical recycling. The ultimate objective is to trans- form plastic waste into chemical inputs, fuel or raw ma- terial for the manufacturing of new plastic products. CIRCULAR ECONOMY STRATEGY PLASTIC WASTE 1 Mechanical Recycling 2 Chemical Recycling 3 Projects recycling solutions guide our transition towards a circular economy Continue to advance in its mechan- ical and chemical recycling projects. Support projects to avoid plastic waste. DESIGN for Environment Responding to society's growing demands regarding sustainability and circularity entails much more than just using recycled materials. We need to rethink products from scratch, from raw materials and inputs to final consumer experience. Braskem proposes combining our expertise in polymers and transformation processes with brand owner insights into consumer behaviors and desires. Working hand in hand, we can deliver an incredible experience with the lowest possible environmental impact. Aiming for more sustainable and circular packaging, we have developed an environment-friendly design methodology that uses Product Life Cycle Analysis to identify environmental hotspots over time. Once a gap is identified based on a scientific analysis, the next step is to explore the consumer's world and journey to maximize product attractiveness and usability. The ideation to prototyping/ testing loop is repeated until we succeed in combining sustainability, circularity and consumer experience in a single product. This methodology is already being used in our Braskem Design Challenge

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