SÃO PAULO, 16 November, 2020 – Suzano, [the world's leading] [ZM1] eucalyptus pulp producer and one of Latin America's largest companies,has been selected to join the prestigious Dow Jones Sustainability Index (DJSI)under the Emerging Markets category. The Dow Jones Sustainability Index is one of the world’s most well-established benchmarks for responsible business. It was created in 1999 to identify companies with the best sustainability practices by assessing several economic,environmental and social criteria, with a focus on creating long-term value for shareholders.
Suzano’s inclusion is recognition of its role as a global leader in combatting climate change, protecting natural habitats and having a positive impact on communities and individuals. Only 10 other Brazilian companies have been included in the Emerging Markets Index which made up of 10% of the best companies in each sector from the 800 biggest companies assessed across 20 emerging markets. The Index comprises emerging-market sustainability leaders as identified by S&P Global through their Corporate Sustainability Assessment (CSA). The annual selection process is audited externally by Deloitte.
Marcelo Bacci, CFO and IRO of Suzano,said: “Being included in the Dow Jones’Sustainability Index is a great honour for Suzano and we are pleased that our tireless efforts to use innovation for environmental and social good is being recognised on a global stage.
“Looking ahead, we remain committed to ensuring that our mission and ESG activities represent best practice, not only in the pulp and paper indsutry, but also amongst other leading global businesses and organisations.”
Earlier this year, Suzano announced a number of long term goals that include (but are not limited to) the following commitments by 2030: removing 40 million tons of additional carbon from the air; replacing 10 million tons of plastics and petroleum products globally with products from renewable bio-based sources; and lifting 200,000 people out of poverty through job and income generation programmes in targeted regions across Brazil. More information about our long term goals can be viewed here.
[ZM1]We will need to check this with General Counsel