EESG Blog

Get to know Cosan’s goals for the E of Environmental

The United Nations (UN) declared 2010-2019 as “the end of the warmest decade ever recorded” and 2019 as the second warmest year in the history of human life. Despite the title, the year of 2019 also showed that it is possible to detach economic growth from emission growth.

According to the UN, developed countries were able to drop their emissions, regardless of economic growth. But in the rest of the globe, emissions are growing fast and, according to the Secretary-General of the United Nations, António Guterres, the world is currently “way off track” when it comes to meeting the goal of limiting global average temperatures increase by 2°C – a commitment taken by International Community back in 2015.

Starting the Decade of Action, the UN called for an ambitious global effort in 2020, mobilizing businesses and society to take real ownership of the Sustainable Development Goals (SDG), once the actual pattern of growing temperature and emissions is not an option moving forward.

We share that view at Cosan. Back in 2018 we correlated our materiality matrix with the SDG. Last year we reviewed the materiality matrix listening to a wide range of stakeholders. Not only it was important to hear and learn from stakeholders, but our goal was to ensure full alignment with our strategic agenda. And we moved forward, quantifying and setting targets to reinforce our commitments to sustainable development, issued for the first time in July 2020.

We intend to discuss our EESG commitments in coming articles. And we start today with E of Environmental, for Cosan and all the companies within our portfolio:

At the holding level, Cosan promotes and stimulates 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. All companies within the portfolio are committed to report on climate change management under Carbon Disclosure Project (CPD) seeking evolution of their individual scores.

Raízen defined and released goals related to the material topics of its operations, in line with the commitment to better manage impacts arising from climate change. The company developed guidelines to monitor and publish the carbon footprint of its products, as a result of improved management of inputs to its production process, while maintaining its focus on productivity and committing to reduce 10% of the carbon footprint of the ethanol produced by 2030. Raízen is also committed to increase energy inputs (GJ/ha indicator) by 15% and reduce the water intake in 10% by 2030.

Compass understands the importance of promoting the transition to a low carbon economy, committing to include gas from renewable sources in its portfolio offering to its customers an alternative to reduce their carbon footprint. And when it comes to Compass carbon footprint, they are committed to reaching net-zero on scopes 1 and 2 by 2025.

In addition to the Intelligent Exchange program that aims to reduce plastic packaging for small bottles of lubricants, offering the same high-performance products in bulks to its customers, Moove has a commitment to reach 15% of renewable plastic usage, by 2025.

As a result of greater operational efficiency, since 2016 Rumo reduced 33% of GHG emissions per RTK (Revenue-Tonne-Kilometers) and committed to reduce another 15% by 2025. And aware of the importance of tracking the origin of the transported products, they are investing in technology to assure cargo is 100% tracked by the end of the same year.

Despite the challenges and uncertainties of the future, we remain confident in the ability to act sustainably, helping our customers decarbonize their operations and activities and boosting Brazil’s leading role in the environmental agenda through the energy transition.

Click here to read the 2020 Sustainability Report and learn more about Cosan’s sustainable agenda.