Integrated Report 2020 slide image

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. C
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