Investor Presentaiton
MESSAGE FROM OUR CEO
CHOICES THAT PLANT THE FUTURE
In 2022, we experienced a relevant and very
fruitful year in the history of Suzano. Despite the
challenging global environment, at a time when
the world is still recovering from the COVID-19
pandemic and feeling the impacts of the Russia-
Ukraine war, we reached significant financial
records and made important progress regarding
our strategic agenda. Consequently, we delivered
a combination of good results, with a R$28.2
billion adjusted EBITDA, and increased ability to
generate and share value with our stakeholders.
Our company is in constant transformation and
evolution. We started the largest forest formation
program in the world, planting approximately
1.2 million seedlings per day, seeking to increase
operational efficiency and reduce dependence
on third-party wood in the long term.
In the industrial area, we modernized the Aracruz
and Jacareí plants, bringing more competitiveness
to our system. We are taking steps to increase our
relevance in the pulp market, including R$7.4 billion in
investment directed this year to the Cerrado Project,
in Mato Grosso do Sul, which, when it starts operations
in 2024, will be the most competitive of our units -
which are already the most competitive in the world.
Our purpose is "Renewing life inspired by trees", and
we see trees as a universe of biopossibilities to plant
a more sustainable future. We invest in new areas
of the bioeconomy, which tend to grow with the
advancement of decarbonization around the world.
With this in mind, our expansion into new businesses
was demonstrated by the construction of plants
in Brazil and Finland to process microfibrillated
cellulose (MFC), a raw material to produce 100%
renewable fiber that has the potential to transform
the global textile market, among other applications.
Our initiatives to drive diversification and the circular
economy also include lignin and bio-oil. The launch
of Suzano Ventures also points in this same direction
and has US$70 million available for investments in
startups, with a focus on entrepreneurship around
bioeconomic solutions based on planted eucalyptus.
We made progress in our long term targets related
to our Commitments to Renewing Life, which are
aligned with our engagement with the UN Global
Compact and Sustainable Development Goals. We are
close to 30,000 people lifted out of the poverty line
since 2020, offering a better quality of life to people
in the communities where we operate. We improved
our diversity indicators among our employees, with
24.3% of our leadership positions being occupied
by women and 20.9% by Black people. We made
progress regarding our targets, albeit at a slower
pace than we had anticipated, which is a challenge
to overcome. As for safety, a non-negotiable
value for us, we achieved all time positive results
in accident frequency and severity rates.
In the environmental area, in 2022 we planted the
first stretches of three ecological corridors that will
connect half a million hectares of priority areas for
the conservation of biodiversity. We launched Biomas,
a partnership with Marfrig, Vale and Itaú Unibanco,
Rabobank and Santander banks. Biomas was born
with the mission of restoring and preserving 4 million
hectares of degraded areas, which is equivalent to the
area of Switzerland. Also important was our progress
in eco-efficiency compared to 2021, with a reduction
of 11.5% in the volume of waste sent to landfills and
of 1.5% in water collection in industrial operations.
Our guideline is to reinvest 90% of our operating
cash generation to open new pathways for proper
capital allocation. We invested R$ 16.3 billion in
our operations - 157% more than in 2021. This
is a clear demonstration of our commitment
to business growth and competitiveness.
We want to see collective engagement to solve
urgent environmental, social and economic issues.
We are convinced that a company can only remain
strong and competitive when its business decisions
consider all of its stakeholders—as well as the
environment-and when it engages them in the
creation of a more sustainable future. This is a
game where either everybody wins, or everybody
loses. That is why we all have to work together.
Walter Schalka | CEO of Suzano
66
Our purpose is
'Renewing life
inspired by trees',
and we see trees
as a universe of
biopossibilities
to plant a more
sustainable future."
III
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Photo: Sérgio ZacchiView entire presentation