ESG as part of the strategy
We are a company focused on developing Brazil, investing in unique and irreplicable assets that are aligned with the demand for a low-carbon economy, and advocating for the rational, responsible, and sustainable use of our country’s natural resources.
Through our trajectory of continuous growth and delivery of results, we are focused on continuously improving our ESG practices, as operating sustainably has always been an integral part of our culture.
Evolving on this journey demonstrates our belief that strong performance in this agenda means risk management and sustainability in delivering financial results. Our evolution follows market trends and meets the demands of our stakeholders.
Recognizing that our financial performance and new growth cycles will depend on excellent ESG performance, we have structured a long-term vision to formalize our commitment to the agenda.
Our material topics
A common direction for the companies of our portfolio
Corporate Governance and Transparency
This is of particular relevance to Cosan, as it contributes the most to the performance of the business. It includes economic transparency and fair market practices, as well as portfolio management, ethics, and integrity.
This topic is present in practically all financial frameworks and ratings and is highly valued by investors and sustainability experts who expect the company to have not only good practices, but also structured systems and processes for making ESG-related decisions, providing transparency on the company’s commitments and performance on the sustainability agenda.
It is the global leader in sustainability and carries significant weight in the assessment of stakeholders and frameworks from civil society and investors.
The importance of this topic is linked to the commitments and actions that society has been demanding from companies to address climate change and its impacts, including reducing emissions and engaging and collaborating in initiatives focused on climate action and justice, clean and renewable energy, energy transition, and ending deforestation.
Diversity, Equity and Inclusion
It encompasses a set of topics that remain in the spotlight in a country as unequal as Brazil. Just as in Positive Social Impact, there is also a concern here with the valorization of human rights and the fight against social inequalities that are present and deserve our attention.
The topic is highly valued by the internal audience, sustainability experts, and civil society frameworks, who want to see the company work to make the workforce and governance bodies more diverse and the work environment more inclusive. It allows the organization not only to follow a market trend but also to be able to deal with the diversity of opinions and worldviews, strengthening its own business management and delivering results.
Positive Social Impact
It is the umbrella that encompasses our relationship with communities, private social investment, and issues related to combating social inequalities and valuing human rights. This theme is a novelty in Cosan’s materiality matrix, driven by both external and internal stakeholders, which shows how the subject, which was already important, has become even more relevant.
In our businesses, it encompasses the importance of managing impacts on people in communities near our operations proactively.
This theme encompasses our attention to the health, well-being, and safety of everyone, whether they are Group employees, customers, suppliers, or people in the vicinity of our operations. The theme is essential to ensure the longevity of our business as well as the sustainability of our assets.
ESG performance in market scores
Cosan integrates various indexes and ratings that evaluate and classify organizations according to environmental, social, and governance criteria. Among them are:
|Evolution of Cosan’s performance in index and ratings|
*based on old methodology
Indexes that we participate
Click here to acess ESG indicators.
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.