Suzano is recognized with the ECO Award for its sustainable practices
Recognition was granted by issuing the Company's Sustainability Bond, a title in which the cost of financial resources is linked to one (or more) environmental and/or social objectives
Suzano, a Brazilian company and the largest producer of eucalyptus pulp, was once again recognized for its sustainable business practices with the ECO Processes Award – Large category.
In recognition, it was awarded for issuing its title linked to sustainability, a title in which the cost of financial resources is linked to one (or more) environmental and/or social objectives.
Suzano is one of the largest paper manufacturers in Latin America and exports its products to over 100 countries. Today it has become the second company in the world, and the first in the Americas and in the Pulp and Paper sector, to link the company’s debt management to one of its public commitments, in this case the objective of reducing greenhouse gases (GHG).) emissions until 2030 (equivalent to 0.181 tCO2e / t of product). “We work to reduce greenhouse gas emissions in all our processes. We carry out the Emissions Inventory throughout our operation,” comments the company on its website.
Suzano’s environmental strategy is to work to control and reduce the negative impacts of the products it manufactures and expand the positive ones: in the field, in the industry and also in the processes of its partners. Therefore, the company cultivates and harvests trees for the production of several important bioproducts for people’s daily lives. In addition, the company plants and preserves native trees in more than 35% of its areas, preserving diversity, soil and rivers.
“Our plantations and preservation areas are a valuable asset for the company and for the world: they capture and store more than 270 million tons of CO2 from the atmosphere, helping to mitigate the effects of climate change and conserve important environmental services for society, such as water resources and pollination,” says the company.
With over 90 years investing in innovation and technology, Suzano currently has an installed capacity of 10.9 million tons of market pulp and 1.4 million tons of paper per year. “We invest in technology for the efficient use of water in our processes, including the reuse and water treatment plant at the Mucuri unit, we guarantee the correct disposal of all waste and generate almost all the energy consumed in our production”.
The ECO award is an Amcham initiative, which recognizes exemplary business actions and promotes reflection on sustainable development in companies and in Brazil. The award seeks to inspire other companies to follow the path of sustainability. “We have a fundamental role in the well-being of the planet and of people and it is through achievements like this that we are going to plant a better and more sustainable future”, commented the company in a note on LinkedIn.
