Commitment to Renewing Life

For planet

Tackling the Climate Crisis

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Our progress

60.2 %

Context

Climate change is a major global challenge. In the next ten years, according to the World Economic Forum's annual Global Risks report¹, the most likely risks are the failure of climate action - in 1st place - and weather extremes - in 2nd place. The planet's temperature has been increasing, especially due to anthropic actions, which promote the emission of Greenhouse Gases (GHG). It results in a series of impacts² on natural ecosystems and communities and the development of economic activities.

The IPCC, in its Climate Change and Land report³, describes that "all assessed modelled pathways that limit warming to 1.5ºC or well below 2°C require land-based mitigation and land-use change, with most including different combinations of reforestation, afforestation, reduced deforestation, and bioenergy (high confidence)."

Suzano has a significant forest base, with a total area of approximately 2.4 million hectares, which includes eucalyptus plantations (afforestation) and one of the largest private protected native forest areas in Brazil (conservation and reforestation), with approximately 1 million hectares. For the coming years, we have expansion strategies in anthropized or degraded areas, expanding the vegetation cover. Together, conservation areas and eucalyptus plantations contribute directly to the removal and storage of CO₂.

We understand that tackling climate change is everyone's responsibility and the integrated operation of our business - which links our forests to our industrial units - places us as key players in advancing this agenda. Understanding the need for effective short-term measures, Suzano reaffirmed its commitment to remove more carbon from the atmosphere than it emits and announced five-year anticipation of the target of removing 40 million tons of CO₂e from the atmosphere, from 2030 to 2025. We remain committed to doing more than neutralizing direct and chain emissions. Our goal is to remove significant additional amounts of carbon from the atmosphere, thus contributing to mitigating the effects of the global climate crisis.

Informations
Scope

Net carbon removal results from the balance between scope 1 (direct), scope 2 (from electricity acquisition), and scope 3 (indirect emissions) emissions and CO₂ removal through eucalyptus planting and conservation areas.

baseline
0 (2020⁴).
ambition
Remove 40 million tons of carbon - from zero to 40 million by 2025.
Results in 2021

In 2021, we achieved a cumulative balance sheet of  -24,096,569 tons of CO₂e, which represents 60% of the target. Considering the balance between our scopes 1, 2, and 3 emissions and the removals from our planted and conserved forests, we reached a balance of 15,200,312 tons of CO₂e and 8,898,258 tons of CO₂e removed from the atmosphere in 2020 and 2021 respectively⁵. It is expected that there will be a variation over the years because the value changes according to the emissions (scope 1, 2, and 3). The volume of removals related, on the other hand, changes according to forest stewardship, the volume of wood in the field, and the increase in our conservation areas.

KPI Tracking
KPI Follow-up:20202021⁶
tCO₂e tCO₂e

CO₂ balance

-15,200,312.00

-24,096,569.15

Our plans for 2022

Our goal is to once again achieve a significant balance of net carbon removal, maintain our positive balance⁷ between removals and emissions, and reinforce Suzano's commitment to the journey of tackling the climate crisis.  To make it happen, we will expand the conservation areas and the planted base, and we will keep working to ensure high forest productivity. Furthermore, we will expand the protection of conservation areas, the risk monitoring projects, and the use of technology and science in the forest, according to the actions designed for the goal's first years.

t is worth pointing  out that expansion will bring large gains to the goal in the first few years, and later, the level of removal will decrease, being supported by the continued removal of conservation areas. Additionally, Suzano will also work to reduce the intensity of its scope 1, 2, and 3 emissions by reducing the consumption of inputs that generate Greenhouse Gases throughout our operation.

Aligned with its commitment to always be up-to-date with the best methodologies and practices. In 2022 Suzano will participate in the Greenhouse Gas Protocol pilot, which is developing a new guide on how companies account for and report their emissions and removals linked to land use (Land Sector and Removals Guidance⁸). We have also been tracking the evolution of the Science-Based Target Forest and Land Use⁹ methodology and will be considering the need to revise the methodological bases throughout 2022. Furthermore, we are analyzing the possibilities of generating carbon credits from forestry (eucalyptus and native species) and engineering projects. It is important to highlight that Suzano has one of the lowest carbon emission intensities (tCO₂e/t product), according to the Transition Pathway Initiative (TPI), and that our goal is to continue to be a leader in a positive climate agenda. 

  1. Learn more at https://www.weforum.org/reports/global-risks-report-2022
  2. Source: Intergovernmental Panel on Climate Change (IPCC).
  3. Source: https://www.ipcc.ch/site/assets/uploads/sites/4/2020/02/SPM_Updated-Jan20.pdf
  4. Suzano removed carbon from the atmosphere previously, but for this purpose, the removals will be accounted for as of 2020.
  5. The calculation of stocks and removals of greenhouse gases in areas of planted forests and areas of native vegetation in 2021 and their respective methodologies were audited by a third party, according to the standards of NBR ISO 14064 and the Brazilian GHG Protocol Program, as well as recommendations of the Good Practice Guide for Land Use, Land Use Change and Forestry (2003, from Intergovernmental Panel on Climate Change (IPCC).
  6. The value of the indicator refers to the accumulated of 2020 and 2021.
  7. For further information on the accounting methodology, acess: Carbon Removals. For additional information on the context and Suzano's relationship with Climate Change, access: Suzano for Climate
  8. Source: https://ghgprotocol.org/land-sector-and-removals-guidance
  9. Source: https://sciencebasedtargets.org/sectors/forest-land-and-agriculture
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Our progress

43.1 %

Context

Climate change is a major global challenge. In the next ten years, according to the World Economic Forum's annual Global Risks report¹, the most likely risks are the failure of climate action - in 1st place - and weather extremes - in 2nd place. The planet's temperature has been increasing, especially due to anthropic actions, which promote the emission of Greenhouse Gases (GHG). It results in a series of impacts² on natural ecosystems and communities and the development of economic activities.

Allied to the need to act in mitigation and adaptation to climate change, the private sector has been assuming a leading role in this agenda and seeking to understand how these issues already affect its economic-financial performance, and which business strategies can respond to the forecasted scenarios of temperature increase. This includes both risks and opportunities associated with a climate-resilient low-carbon economy - that is, one that is geared toward lower GHG emission generation.

Seeking process efficiency, historically we have already considerably reduced the emissions linked to our production. With a degree of renewability in the energy matrix³ exceeding 87% (scope 1), the GHG emissions intensity indicators per ton of product produced by Suzano are currently one of the lowest in the sector, as evidenced by the Transition Pathway Initiative⁴. Suzano already presents a low intensity indicator when compared to its main market competitors.

We understand that tackling climate change⁵ is everyone's responsibility and the integrated operation of our business - which links our forests to our industrial units - places us as key players in advancing this agenda. Therefore, what inspires us to develop better solutions is to ensure that we continue working on the decarbonization of our operations.

Informations
Scope

The sum of the emissions resulting from our production process (scope 1) and the acquisition of electricity (scope 2), mapped annually in the Greenhouse Gas Inventory⁶, compared to the volume of finished products.

Our emissions intensity target is aligned with the Paris Agreement, established in 2015. And it is already one of the lowest  in the sector, according to the Transition Pathway Initiative.

baseline
0,2133 tCO₂e/t (year: 2015⁷).
ambition

Reduce the Greenhouse Gas emissions intensity of scopes 1 and 2 by 15% - from 0.2133 tCO₂e/t to 0.1813 tCO₂e/t by 2030.

Results in 2021

In 2021, our emissions intensity (scopes 1 and 2) per ton of production was 0.1995 tCO₂e/t5. There was a 6.5% cumulative reduction in 2021, which represents an advance of 43.1%  toward achieving the target.

Scope 1 emissions increased by 8.0% and Scope 2 emissions increased by 132%, which represents an overall increase (Scope 1 + 2) of 11.4%. In addition, Suzano showed an increase in production compared to 2020, which contributes to the increase in intensity (3.5%) being lower than that of absolute emissions, following the commitment to maximize efficiency and delivery with lower intensity of emissions.

Regarding Scope 1, the increase in emissions in the last year has accompanied the growth in production.. The higher the production, the greater the energy generation based on biomass, black liquor, and renewable methanol (renewable fuel/process byproduct), decreasing the need for consumption of fossil fuels such as natural gas. Additionally, the Energy and Recovery and Utilities working groups continued to implement processes to increase efficiency in energy generation, reducing fossil fuel needs and increasing the use of renewable fuels. About forestry operations, there was an increase in emissions resulting from increased forestry activity, both in silviculture and harvesting.

In relation to Scope 2, the units that import energy from the national system had an increase in emissions, since the average emission factor for the electricity offered in the National Interconnected System (SIN) increased by 105%, due to the greater activation of Thermoelectric Plants with the energy crisis that the country faced. 

It is important to emphasize that the production indicator represents the sum of all our finished production of pulp, paper, packaging and consumer goods. This number differs from the production numbers disclosed in financial statements.

Our ambition was built using historical data from the former Fibria and Suzano. In practice, we observed that after the merger the company became more efficient, the integration of industrial and forestry processes, in the regions where the two companies operated, generated efficiency gains that resulted in the reduction of our emissions. With the significant achievement of the target in recent years, Suzano is working on revising the ambition of the target in line with the Science Based Target Initiative (SBTi¹¹).

KPI Tracking
KPI Follow-up:Scope 1 and 2 emissionsResults achieved: emissions

2015

2,140,620.90

0.2133

2016

2,073,041.38

0.2066

2017

2,146,946.14

0.2005

2018

2,330,110.60

0.1930

2019

2,213,636.48

0.2002

2020

2,214,634.59

0.1929

2021⁸

2,290,808.13

0.1995

Our plans for 2022

Regardless of the result achieved in 2021, Suzano will continue implementing initiatives to reduce the consumption of fossil fuels in its operations, seeking to increase its renewable energy matrix, which is currently 87.7% for Scope 1.

With the expressive goal achievement in recent years, Suzano is working on the methodological bases of the goal review to increase the ambition, both for its emissions and the value chain. To achieve this, in 2021 we joined the Business Ambition for 1.5°C¹⁰ and Race to Zero¹¹  initiatives and signed the commitment to the Science-Based Target Initiative (SBTi⁹). The Company will launch, within the deadline established by the initiative, a decarbonization target in alignment with the 1.5°C ambition, considering all the technical and scientific criteria of SBTi. Besides this, we have also joined the CDP Supply Chain on Climate Change to assist our value chain (Scope 3) in the decarbonization journey. 

  1. Learn more at http://www3.weforum.org/docs/WEF_The_Global_Risks_Report_2021.pdf
  2. Source: Intergovernmental Panel on Climate Change (IPCC).
  3. For further information about our Energy Management, acess: Energy Management
  4. Source: https://www.transitionpathwayinitiative.org/sectors/paper  
  5. For additional information on the context and Suzano's relation to Climate Change, access: Suzano for Climate
  6. The Greenhouse Gas Inventory 2021 was externally verified, according to the standards of NBR ISO 14064 and the Brazilian GHG Protocol Program, and verified by an independent third party.
  7. All the information needed to establish the target was extracted from the Greenhouse Gas Inventories generated by the former companies (Suzano Papel e Celulose and Fibria).
  8. The emissions reduction target has a specific target for 2021, as it relates to Sustainability-Linked Bonds (SLB) and Sustainability-Linked Loan (SLL) financial emissions. To learn more about our financial emissions, please check our 2020 Report.
  9. https://sciencebasedtargets.org/companies-taking-action
  10. https://www.unglobalcompact.org/take-action/events/climate-action-summit-2019/business-ambition/business-leaders-taking-action
  11. https://unfccc.int/climate-action/race-to-zero-campaign
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