Climate Change Data

Fueling Sustainability (FS)

Climate Impact & Sustainability Data (2021-03)

Reporting Period: 2021-03

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:29 MWh/EUR million (2019)
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:1.85 g CO2eq/MJ (2019)

ESG Focus Areas

  • Human Capital
  • Legal Security
  • Environmental Strategy
  • Supply Chain
  • Biodiversity
  • Governance

Environmental Achievements

  • Energy consumption, normalized to sales, decreased by 45% between 2017 and 2019.
  • Percentage of ethanol transported by road decreased from 100% in 2018 to 65% in 2020.
  • Carbon Intensity for the industrial process of Anhydrous and Hydrous Ethanol decreased by 2% between 2018 and 2019 (1.9 g CO2eq/MJ in 2018 and 1.85 in 2019).

Social Achievements

  • Total number of employees increased by 156% from 2017 to 2019.
  • Employee turnover rate reduced by 5.1 points between 2017 and 2019.
  • Total recordable injury frequency rate decreased by 61% over the past three years.

Governance Achievements

  • Separation of CEO and Chairman roles.
  • Board members elected at least every three years with attendance rate above 90%.
  • All three performance conditions of the FS’ variable remuneration were linked to CSR objectives in 2020.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Guarantee zero legal and illegal deforestation and no use of protected lands in 100% of its corn biomass purchases and animal feed sales by 2030.
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Less than one third of Board members are independent.
  • Limited reporting on lobbying practices.
  • Only a minor part of activities (power generation from biomass) is compliant with the UN 2030 Agenda.
  • High employee turnover.
  • Use of transgenic corn grains.
  • Potential negative impact on biodiversity due to eucalyptus plantations.
Mitigation Strategies
  • Implementing measures to reduce environmental impacts related to transportation.
  • Advanced means to implement commitments in supply chain, including training employees, risk assessment, and integration of social and environmental clauses in contracts.
  • Internal Control and Audit department conducts annual CSR risk materiality matrix updates.
  • Confidential reporting channel for issues related to anti-corruption, human rights, etc.
  • Investing in R&D initiatives to minimize the use of agricultural inputs.
  • Commitment to zero legal and illegal deforestation and no use of protected lands in 100% of its corn biomass purchases and animal feed sales by 2030.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Supply contracts with clauses prohibiting degrading work practices.
  • Supplier Code of Conduct under reformulation.

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: RenovaBio

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Goal 7 (Affordable & Clean Energy)
  • Goal 9 (Industries, Innovation and Infrastructure)
  • Goal 11 (Sustainable Cities and Communities)
  • Goal 12 (Sustainable Consumption & Production)
  • Goal 13 (Climate Action)

Steam and electricity production from renewable sources.

Sustainable Products & Innovation

  • Ethanol
  • Corn oil
  • Animal feed

Awards & Recognition

  • Best Environmental-Energy Efficiency Rating for anhydrous ethanol (RenovaBio)