Suzano S.A.

  • Sector: Forest Products
  • Headquarters: Brazil

Review summary

Suzano submitted its Nature Strategy to the It’s Now for Nature campaign and met all the review criteria.

  • Suzano’s materiality assessment addresses nature-related dependencies, impacts, risks and opportunities in its direct operations of forestry and industrial processing.
  • Suzano has conducted a thorough materiality assessment and disclosure of its Nature Strategy in alignment with the TNFD LEAP approach and TNFD recommendations.
  • The focus areas addressed are: Ecosystem Use (Area of Land/Freshwater use), Biodiversity (Invasive species), Water use, Waste/Pollution, and Climate change

  • Suzano has set SMART targets for its material nature-related issues with deadlines from 2025 until 2030.
  • For example: ​
    • Land: connecting 500,000 hectares of corridors by 2030.​
    • Water: Reduce water withdrawal in industrial operations by 15% by 2030.​
    • Pollution: Reduce the volume of industrial solid waste sent to landfill 70% by 2030.​
    • Climate: Reduce absolute scope 1 and 2 GHG emissions 50.4% by 2032.

  • Suzano’s action plans use the AR3T framework/Mitigation hierarchy. Each material area within the focus groups has several related actions.
  • For example, actions designed to address pollution include:​
    • Inclusive Recycling Program for the disposal of recyclable waste
    • Deployment of integrated pest and disease management systems for detection, monitoring and targeted control
    • Implementation of dust control measures near communities during planting and harvesting periods through road wetting protocols

  • The Board has approved the nature strategy of Suzano, with delivery executed by the Sustainability Department, overseen by the Board-based Sustainability Committee
  • The board is advised by a Sustainability Committee
  • Remuneration policies are linked to ESG targets: “a portion of the variable compensation of its Executive Leadership Team is linked to the achievement of environmental, social and governance (ESG) targets”