Orizon Sustainability and ESG Initiatives
ORIZON
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ABOUT US
NATURAL CAPITAL
GOVERNANCE
HUMAN CAPITAL
SOCIAL PLATFORM
PERFORMANCE
GRI SUMMARY
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PERFORMANCE OVER
THE YEAR
ECONOMIC-FINANCIAL RESULTS
GRI 413-1
The addition of our new assets has allowed Orizon VR to almost triple the
volume of waste it manages, meaning the growth of the company was
even greater in 2022 against 2021. Orizon ended 2022 with net revenue
of R$ 720 million, considering the pro forma volume of carbon credits, a
rise of 65% compared to 2021. The Adjusted Ebitda, meanwhile, was
R$ 312.4 million, with a 43.4% margin.
The Gross Debt reached the sum of R$ 1.01 billion at the end of 2022,
an increase of 82% against the balance of R$ 556.2 million reported at
the end of 2021. The increased debt was due principally to the issuing of
new debentures used to fund the Company's expansion plan, including
the increase in the number of assets, which involved the consolidation of
nine new sanitary landfills, the first of our own initiatives in the production
of biomethane and renewable energy using biogas, and the start of the
operation of the largest recyclables recovery plant in Latin America, in
Jaboatão dos Guararapes.
The Company
ended the year
with a pro forma
Ebitda of
R$ 312.4 millionView entire presentation