- Companies
- /Suzano S.A.
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”