Vittia Annual Report 2022 slide image

Vittia Annual Report 2022

VITTIA Our product, service and solution portfolio strategy is strongly guided by constant concern for sustainability. The manufacture, marketing and distribution of our products and solutions encourage the transition to regenerative agriculture, minimizing impacts on the environment and society. The use of inoculants directly contributes to the reduction of greenhouse gas (GHG) emissions, as this technology replaces the use of nitrogenous fertilizers from the petrochemical chain that release nitrous oxide (N2O), a greenhouse gas that, in addition to remaining for more time in the atmosphere, has the potential to be harmful to the environment, contributing to global warming. The heating power of this gas is 310 times greater than CO2. Biological control, on the other hand, can replace highly toxic chemical pesticides, which are questioned by various segments of society, due to possible damage to the environment and human health, including both consumer health and the safety of field applicators. The lines of organominerals and soil microorganisms are based on the efficient treatment of residues produced by other industries, through the transformation of such residues into high quality organomineral conditioners (rich in minerals and nutrients). Vitória, one of our subsidiaries, uses the circular economy concept in its business model, as it collects organic waste from producers and uses it as raw material for organomineral fertilizers. In this way, we believe that our constant concern with socio-environmental aspects puts us in a differentiated competitive position, bearing in mind that more and more customers are seeking, and even demanding, environmentally cleaner solutions in their production processes. Congress discusses global carbon market From May 18 to 20, 2022, the Global Carbon Market Congress - Decarbonization and Green Investments took place in Rio de Janeiro. The event, promoted by Banco do Brasil and Petrobras, had the institutional support of the Ministry of the Environment and the Central Bank of Brazil. The objective was to debate the carbon credit market and present corporate strategies and projects to boost green businesses, with a focus on innovation and sustainability. The meeting also sought to connect leaders from different segments and other audiences around the theme "Brazilian and global carbon credit market," according to the results presented at the 26th United Nations Conference on Climate Change (COP26). We participated in the session entitled "Fertilizers and the green agenda." The event, which was exclusive to guests, had government representatives, from the federal, state, and municipal spheres, regulatory agencies, sector entities, startups and around 100 CEOs of large companies in Brazil and abroad. Annual Report 2022 70
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