Investor Presentaiton
Ethics Line
0800 89 11 729
Visit the Ethics
Line website
The Anti-Corruption and
Antitrust Policies and the Code
of Conduct are part of the
compliance structure. They
must be observed by every new
employee and communicated
to suppliers, who must commit
to complying with Votorantim's
ethical standards. Contracts
signed with the holding
company include clauses related
to the fight against corruption,
the defense of human rights,
and data protection in addition
to other topics upon which
the approval of suppliers is
conditioned.
The Ethics Line is available to
all stakeholders to help them
learn about, assess, and address
issues related to the Code of
Conduct. All contact made with
the Ethics Line is completely
confidential to preserve the
identity of the users.
In line with its commitment
to strong internal controls,
Votorantim conducts internal
audits through a third-party
company and submits its
economic and financial results
to an external audit conducted
by PricewaterhouseCoopers.
Among the initiatives to
reinforce the communication
and culture of compliance,
Votorantim promoted
Compliance Week, an annual
event that involves the
leadership of all portfolio
companies. In 2021, the fifth
Compliance Week was held
online and welcomed Professor
Jim Detert from the University
of Virginia, who spoke about
the importance of courage
as a value to ensure business
integrity. In addition, a second
event featured specialists
Clarissa Lins and Sonia
Favaretto, who participated
in a panel that addressed
topics such as the importance
of compliance to ESG issues
and the main challenges for
companies and investors in
advancing this agenda. 205-2
During the year, working groups
made up of risk and compliance
representatives from the
portfolio companies and the
holding company held meetings
to promote and share best
practices in this area.
Risk Management 102-9|
102-10 | 102-11 | 102-30
In 2021, Votorantim
concentrated its efforts on
developing the Business
Continuity Plan, aimed at
its critical processes, and on
mapping continuity risks, with
a focus on insurable risks to be
included in the Insurance Policy.
The first completed phase
included consultations with
all areas of Votorantim
to understand their main
processes. Based on this
assessment, the company will
map the continuity risks and
develop related contingency
plans.
The next planned step is to
provide training to prepare
teams to incorporate these
protection steps.
The initiative will further
strengthen the risk
management processes and the
methodology already adopted
by the holding company
considering the increased
complexity of the external
environment, enhanced by the
pandemic, and other situations
that can put business objectives
at risk.
With regard to financial risks,
Votorantim annually updates
and submits its Financial Policy
for approval by the Board. The
objective is both to preserve
credit quality and to ensure that
the metrics are compatible with
an investment grade company.
The Board of Directors and the
Executive Board are part of
the governance structure and
participate in the execution of
the financial risk management
process.
24
=View entire presentation