We believe in EESG concept. Adding the “E” of Economics as the fourth pillar of sustainability. Sustainability is a broad concept but when we think about it, we think about values and management. Values are the principles that have always guided our actions. Management means assuring we put our execution capabilities at the service of our values.
We have many challenges and uncertainties ahead of us. However, our companies are leaders in their respective sectors and drive the transformation towards a clean energy future and a more efficient and reliable logistics in Brazil, helping our customers decarbonize their operations and activities.
Our commitment to Sustainable Development
We reviewed our materiality matrix, listening to a wide range of stakeholders to come up with a list of material topics, seeking, above all, alignment with our strategic agenda, and quantifying our commitments to Sustainable Development
We are committed to making strategic decisions based on economic, environmental, social, technological and governance aspects. This transparency is important for our investors to be sure and clear about the way we act
Risk management and cyber-security for people and assets
Ensure the security of our teams, processes, and operations
Promote and stimulate energy efficiency, with a net-zero target for the holding company starting in 2021, in addition to preparing and maintaining up-to-date inventories of greenhouse gas (GHG) emissions in all businesses
Net-zero Scope 1 and 2 at Comgás by 2025
To include gas from renewable sources in Compass portfolio by 2025
Reach 15% of renewable plastic for packing by 2025 at Moove
Reduce 15% emissions per RTK at Rumo by 2025
100% cargo traceability in Rumo by 2025
Reduce 10% carbon footprint of produced ethanol at Raízen by 2030
Increase in the GJ/ha indicator by 15% at Raízen by 2030
10% reduction in water intake by Raízen by 2030
People management and promotion of diversity
Promote gender diversity in our selection processes and succession map, in addition to continuously developing our people, with a view to increasing the number of women in senior leadership positions to 30% by 2025 in the holding company
Best corporate governance practices
Promote ethical values throughout our teams
Promote transparency in our business management and align business management with Environmental, Social, and Governance values
Portfolio management and capital allocation
Seek forms of funding connected to sustainability criteria (Green/ Social/Transition/ESG-related)
Contribute to Brazil’s sustainable development, starting with areas surrounding our companies’ operations
Technology, innovation, and digitalization
Participate in sustainability and innovation forums and voluntary initiatives to discuss, influence, and learn, always seeking the best global practices
We are Cosan, a holding company committed to the development of Brazil, which has been increasingly investing in integrated logistics and diversification of the Brazilian energy matrix.
Our Aprroach is Entrepreneurial, Ethical, Empathetic and Encouraging. These are the 4 E’s that have driven us over the last 80 years. Our Approach moves the daily routine of industries and people, and it is reflected in the work of almost 40,000 professionals who dream and chase their goals to make a difference.
Indexes we participate in
In 2020, Raízen avoided about 3.5 million tons of CO2 emissions by producing ethanol, which is equivalent to approximately 650 thousandfewer conventional cars in circulation. In 2021, with the acquisition of Biosev, we may potentially avoid the emissions of 5.2 million tons of CO2 , which is equivalent to approximately 1 million fewer conventional cars in circulation.
With the increase in Rumo’s capacity and efficiency, the emissions of more than 2.7 million tons of CO2 have been avoided since 2016, which is equivalent to approximately 500 thousand fewer conventional vehicles in circulation.
Our Sustainability Report was prepared in accordance with the Global Reporting Initiative (GRI) Standards – Essential option –, including indicators from the Sustainability Accounting Standards Board (SASB), and also our action plan for each of the 11 recommendations issued by the Task Force on Climate-related Financial Disclosures (TCFD), as part of our commitment to make progress along this path.
Watch here the ESG Webinar, held in 2020, when we made public our commitments to sustainable development.
Mobilization due to Covid-19
Our priority has always been to ensure the safety and preserve the health of our teams. In 2020, we reaffirmed this commitment by always placing people first, while at the same time seeking to assure the continuity of our essential operations.
We installed crisis committees from the beginning – bringing talents together and compounding the effort from all of our businesses – and these committees have been meeting diligently and in an organized way to assess all externalities related to the evolution of Covid-19 and to coordinate actions. We adopted a contingency plan to ensure the physical and mental health of our employees, as well as the safety and continuity of our operations, keeping close contact with authorities, suppliers, clients, and other stakeholders.
We were one of the first business group to make a public commitment to preserve our workforce during the pandemic, in line with our priority of looking after our main asset – people. Our administrative teams moved to a work-from-home system, and we adapted our facilities and processes to ensure the integrity of the professionals who are required to be in the field. Moreover, employees within the Covid-19 risk group were instructed to adopt specific social distancing, care, and monitoring measures. Each operation managed their own action and communication plans regarding safety at the workplace, within their units, and on the streets.
And we didn’t just look within. We sprang into action from the outset by placing our capacity for contribution, management and execution at the service of society, to help mitigate the impacts of the pandemic. Donations by our group already amount to more than R$ 25 million, and were mainly designated to hospitals and health crews, and neighboring communities to our operations.
We know that there is no way to predict when the Covid-19 pandemic will actually come to an end, but we remain confident in our ability to care for people and drive sustainable development in Brazil.Click here to download our 2020 sustainability report