Integrated Report / JSL 2021
JSL
ENTENDER PARA ATENDER
INTRODUCTION
JSL
PLANNING
AND FUTURE
PEOPLE AND
CULTURE
BUSINESS
IMPACT
ENVIRONMENTAL
MANAGEMENT
CLIMATE CHANGE:
OUR APPROACH
CLIMATE GOVERNANCE: HOW WE MANAGE
RISKS AND OPPORTUNITIES
GRI 102-15, 102-18, 102-19, 102-20, 102-26, 102-27,
102-29, 102-31, 102-32, 201-2, TCFD - GOVERNANCE
(A) (B); STRATEGY (A) (B) (C); RISK MANAGEMENT
(A) (B) (C); METRICS AND GOALS (A) (B) (C)
JSL follows the recommendations of the
Task Force on Climate-related Financial
Disclosures (TCFD) and works to improve
monitoring, metrication and analysis of
risks and opportunities related to climate
change. The Sustainability Committee leads
discussions related to climate change and
encourages executives from different areas
to participate in discussions and project
preparations. The Board of Directors is
responsible for monitoring social and
environmental performance, defining
policies, authorizing financial operations,
evaluating reports and balance sheets
and defining performance targets.
The identification of climate risks and
their financial impacts occurs through
self assessment, the objective of which is
to generate a comprehensive list of risks
and opportunities that may threaten or
enhance the achievement of the Company's
objectives. Once this is done, the information
is documented and categorized to support
the assessment of causes, consequences
and probability of implementation.
The processes to prioritize climate-related
risks consider the relationship between
the financial impact and the probability of
occurrence or materialization of the factors.
In 2021, the mapping of risks and opportunities
associated with climate change was
reassessed by the Sustainability area and, in
order to meet the issuance of the Sustainability
Linked Bond, SIMPAR assumed the goal
of reducing the intensity of emissions by
15% by 2030, in addition to the inclusion of
scope 1 and 2 emissions, directly related
to the Company, and scope 3 emissions.
JSL has developed a strategic plan to
transition to a low carbon economy. In addition
to the analysis of scenarios being part of the
risk management process, the company
considers studies and reports published by
organizations specialized in the climate theme,
counts on the assistance of consulting and
participates in groups with other companies
committed to the theme.
Thus, the potential financial impact of the
identified risks is assessed, allowing JSL
to strategically decide on the treatment.
Aware that climate risks and opportunities
influence the expansion of its business,
JSL's strategy is to implement low-carbon
technologies that guarantee lower GHG
emissions in the coming years, considering
the trend towards the development of
technologies for electric vehicles, with proper
infrastructure in Brazil, in addition to projects
such as trucks fueled with biomethane or
other fuels that enable the reduction of the
emission of harmful gases to the environment.
In Brazil, until 2021, there were no mandatory
regulatory requirements for the sector
in which JSL operates related to climate
change. However, the Company takes into
account the discussions at a global level,
which includes the developments of COP26,
as well as the possibilities of carbon pricing.
CHECK THE DETAILS
OF ALL OUR RISKS
AND OPPORTUNITIES
IN THE ATTACHMENT,
PAGES 91 TO 99
FINANCIAL
PERFORMANCE
GRI AND SASB
SUMMARY
INTEGRATED REPORT / JSL 2021
ASSURANCE
REPORT
BAB
64View entire presentation