Vittia Annual Report 2022
VITTIA
Below is our 2022 Annual Report, the eighth
report of its kind, which we publish annually.
The intention is not only to reinforce our
principles and assumptions as a business
organization and to demonstrate our
management, performance and relationship
strategies, our initiatives and results, rendering
accounts to the market and society in general,
but also, essentially, to indicate that we
continue in our evolutionary process in favor
of sustainable development and a balanced
and responsible performance.
Context
In 2022, we had a challenging year for business
activity, both in Brazil and on the world stage.
In this context, elements such as persistent
inflation, rising interest rates, rising costs and a
slowdown in the activity level in markets such
as the European Union, the USA and China
(which projects lower growth in the world
economy in 2023) as well as the Brazilian, a
scenario aggravated by the extension of the
War in Ukraine, with its resulting impacts, and
by the problems arising from a world still
seeking solutions to the consequences of the
Covid-19 pandemic.
In addition to the political, economic and health
challenges, there were adverse weather events
in several regions, in Brazil and abroad, which
had an effect on economic activities and socio-
environmental stability. In Brazil, we had
periods of excessively heavy rain, frost, and
severe drought the Pampa, for example,
recorded in 2022 the smallest water surface
area of its entire historical series.
However, even in this context and thanks to
the assertiveness of our management and our
operational efficiency, we achieved positive
results in the year and continue on our journey
of providing quality inputs for agribusiness. To
this end, the Company's strategic focus on
biotechnology solutions was fundamental, as a
result of continuous investment in research,
development, and innovation. In 2022, we
complete 51 years in the Brazilian market,
consolidating a consistent trajectory.
Within the scope of sustainable development,
Vittia is a protagonist, advancing in its
guidelines and practices of integrated
management and sustainability. The emphasis
on biotechnology, with the success of the lines
of biological control, organominerals and
biostimulants, is proof of that. Additionally, the
evolution in governance, the growing concern
with environmental management and advances
in social responsibility are noticeable.
We are committed to good management,
continuity and expansion of operations and
businesses and sustainability in our day-to-day
activities, seeking to generate value in our
initiatives and practices.
Our main motivation is to deliver excellence in
products and services to the farmer,
contributing to an excellent and sustainable
agriculture, with the use of adequate inputs,
which works in favor of food security in Brazil
and in the world.
Annual Report 2022
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