Integrated Report 2020
Braskem
INTEGRATED
REPORT 2020
STRATEGIC PLANNING
A MESSAGE FROM THE BUSINESS LEADER
BRASKEM
CAPITAL PERFORMANCE
ABOUT THE REPORT
CREDITS
ŵ ( 21 )
Transform for Value
Striving for constant evolution, we created in February
2020 the Transform for Value Program, aiming to coor-
dinate, accelerate and foster agility and flexibility among
our areas and flows, especially through process improve-
ment. The program has four key objectives:
• Consolidate visions and centralize initiatives to im-
prove company processes, monitoring investments
and results.
•
•
Prioritize resources, understanding that they can be
shifted or reinvested to maximize returns.
Drive the implementation of key value-generating
initiatives.
• Improve the way we communicate our decisions and
investments, so that all company members and the
communities where we operate can understand our
intentions and follow our progress.
This global program is focused on identifying initiatives
that can bring visible gains by the end of 2023. We will use
phases or stages to better measure, manage and com-
municate our progress in each initiative.
In its first year, the TFV Program implemented six
initiatives currently in stages four (ramp-up) and five
(completed), with estimated savings of US$ 55 million/
year.* The goal for 2021 is to have 20 initiatives in stag-
es 4 and 5, with estimated savings of approximately
US$ 160 million/year.
* Values related to initiatives in stage 4 (ramp-up), in which the values are
recorded when realized and stage 5 (completed), after stabilization and/
or internal audit, according to the Transform for Value methodology for
monitoring the maturity of program initiatives.
+
For more information, ac-
cess our 2020 Management
Report: Annual Reports.
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