Children handling a paper bag. Photo: Suzano’s image bank.

2021 ANNUAL REPORT

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In his Message, Walter Schalka, CEO of Suzano, highlights the main achievements and challenges experienced by the company in 2021.

Photo: Sérgio Zacchi.

We are proud to belong to an industry that positively impacts Brazil and the planet. But there is more to be done by Suzano, as it continues to fulfill its purpose of renewing life inspired by trees. In 2020, we made a set of public commitments in line with the SDGs, such as lifting 200,000 people out of poverty by 2030. We will produce more clean energy in our operations and advance our efforts to reduce our carbon emissions. We will continue to evolve on issues such as biodiversity conservation, waste and water management and, not least, diversity, equity and inclusion.

What is Most Relevant to our Stakeholders

In 2021, Suzano updated its materiality matrix through consultations with external and internal stakeholders. From the analysis of the information gathered, we arrived at a list of the eight most relevant topics, which were incorporated into the sustainability strategy and management, and direct the focus of the annual report.

Tereza Cristina Rodrigues Machado, Nursery assistant, Três Lagoas unit (state of Mato Grosso do Sul).
Photo: Márcio Schimming.

New Content Hub

Our newly redesigned Sustainability Center (formerly known as the Indicators Center) is Suzano’s main hub for sustainability- and ESG-related content. Through this platform, readers have access to all the information regarding the standards of the Global Reporting Initiative (GRI) and data related to other frameworks, such as the Sustainability Accounting Standards Board (SASB), the Task Force on Climate-Related Financial Disclosures (TCFD), the Sustainable Development Goals (SDGs) and the World Economic Forum’s (WEF) Stakeholder Capitalism Metrics, among others.

Eucalyptus plantations and native forests in the interior of São Paulo state.
Photo: Sergio Zacchi.

Currently,

70%

of our Research and Development portfolio

is made up of short- and medium-term projects (will be implemented within five years)

INNOVABILITY

How Suzano Contributes to the Bioeconomy

From the eucalyptus trees that we plant and harvest, we have the potential to create solutions and products that do not yet exist and will be able to replace materials from fossil sources, contributing to a low-carbon economy and a more sustainable future. The way we develop these solutions is what we call innovability – innovation in the service of sustainability – a concept that is incorporated into projects of different scales and maturities, and of different areas of the company. Currently, 70% of our Research and Development portfolio is made up of shortand medium-term projects – that is, projects that will be implemented within five years. Applications of lignin, microfibrillated cellulose (MFC), biocomposites and bio-oil are examples in this area. For the development of our solutions, we rely on numerous external partnerships that form a comprehensive collaboration network.

Eucalyptus plantation in the Três Lagoas unit (state of Mato Grosso do Sul).
Photo: Márcio Schimming.

Cerrado Project

We will increase

our annual installed pulp production capacity by

more than

20%

starting in 2024.

This will be possible thanks to the construction of a new plant in Ribas do Rio Pardo, with the capacity to produce 2.550 million tonnes of pulp per year. This is one of the largest private investments in Brazil, totaling R$19.3 billion. With this new unit, we will have the largest single-line pulp plant in the world, characterized by high competitiveness and eco-efficiency. We will use state-of-the-art technology to ensure stability and performance at the lowest possible cost and with the lowest environmental impact.

Fabiano Sousa Santos, Occupational Safety technician (company TimeNow), at the Cerrado Project in Ribas do Rio Pardo (state of Mato Grosso do Sul).
Photo: Márcio Schimming.

Advancing our Commitments

We want to be part of the solution for a more just and sustainable society. As part of our sustainability strategy, we set Commitments to Renew Life to detail how we hope to create and share value with our stakeholders, while also taking care of our planet. Learn about our results in 2021.

Forest mosaic, state of Mato Grosso do Sul.
Photo: Márcio Schimming.

A Brief Summary

In our Strategic Summary, you can read about our main achievements of the year, as well as our value creation model. This document includes an infographic of our production process that highlights the main initiatives in each link of our chain.

SUSTAINABILITY
CENTER