One of Suzano's Culture Drivers states, "It's only good for us if it's good for the world." We embrace this motto as part of the global shift from focusing solely on shareholder benefits to prioritizing the needs of all stakeholders. Suzano has set ambitious long-term goals and aims to positively impact the communities and environments in which it operates. However, achieving these Objectives requires collaboration. Stakeholder engagement is the company's approach to building the necessary partnerships to advance its sustainability agenda and learn from, communicate with, and support its stakeholders. The environment and the effects it causes belong to everyone and should be managed collaboratively.
Considering the perspectives of different stakeholders in decision-making requires coordinated efforts across various areas of the company and is an ongoing process. This is why we have established engagement management Objectives and systems. These systems help us collect data and manage our relationships, enabling us to listen to and understand our stakeholders' needs while informing them about our operations. This exchange is crucial for reducing conflict risks, building trust, and creating partnership opportunities.
Suzano regularly engages with stakeholders and conducts periodic surveys to gauge the perceptions of both the internal and external audiences regarding the company and essential sustainability themes.
In 2024, the company celebrated its 100th anniversary with a focus on stakeholder engagement aimed at co-creating a legacy centered on education for sustainability and nature-based solutions. A key highlight of this initiative was two workshops involving diverse participants connected to the business, including customers, suppliers, NGOs, academia, and traditional communities.
We plan to continue this journey in 2025 by implementing suggestions from these meetings and experiments involving international audiences.
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The following is a summary of the main Objectives, communication channels, and engagement highlights that Suzano had with its stakeholders in 2024.
The Academia
Objective: collaborate with academic experts and researchers to drive innovation, promote environmentally responsible practices, and develop sustainable solutions.
Channels:
Highlights: partnership with the Luiz de Queiroz School of Agriculture (Esalq) and the Federal University of Viçosa (UFV) for research on biodiversity and restoration in Parque das Neblinas; partnership with the State University of Santa Cruz (Uesc) in Ilhéus (BA), to monitor palm trees for the Atlantic Forest Ecological Corridor; collaboration with the State University of Maranhão (Uema) for an expedition in search of the pinnate curassow (Crax fasciolata pinima), whose target area covers stretches of the ecological corridor and fragments to be connected in the Amazon.
Customers
Objective: To foster a transparent and responsible relationship, we encourage collaboration throughout the value chain and offer products and services aligned with sustainability. We aim for consumer satisfaction and a positive impact on the planet.
Channels:
Highlights: Suzano has partnered with clients like Sofidel to implement the Amazon Ecological Corridor, which aims to benefit local communities as part of its Biodiversity Commitment. Additionally, Suzano has collaborated with Procter & Gamble and WWF to jointly plan the restoration of the Atlantic Forest in Espírito Santo.
Employees
Objective: to foster a sustainable organizational culture that promotes environmentally conscious practices while enhancing employee development and satisfaction.
Channels:
Highlights: Culture caravan at all Suzano units; engagement and inclusive environment survey conducted with Korn Ferry; volunteer initiatives for planting native trees in Suzano's ecological corridors.
Communities
Objective: Establish partnerships to enhance local development and improve social and environmental conditions while fostering mutually beneficial relationships.
Channels:
Highlight: an Operational Dialogue held every 30 minutes.
Final consumer
Objective: to create communication channels for sharing information and perceptions between the company and consumers, aiming to increase awareness about products and socio-environmental responsibility.
Channels:
Companies
Objective: to support, learn from, and contribute to entrepreneurial initiatives that promote sustainable development in the business world.
Channels:
Highlights: participation in working groups of institutions such as the Brazilian Business Council for Sustainable Development (CEBDS), the UN Global Compact Brazil, the Brazilian Tree Industry (Ibá), and the National Confederation of Industry (CNI).
Suppliers
Objective: to encourage sustainable practices across the supply chain, emphasizing ethics, social responsibility, and environmental stewardship.
Channels:
Highlights: Supplier Audit Program [100% of suppliers monitored]; Semear Project; partnerships for purchases, including in line with Suzano's long-term goal of diversity, equity, and inclusion (partnership with JSL: Women in Management Program; partnership with Siltec and JFI (Women in Silviculture); partnership with Emflora (prison labor in silviculture); Suzano Fortaleza Program (easy credit for small companies); Responsible Supplier Management (expanded inclusion of ESG criteria related to greenhouse gas (GHG) emissions in hiring processes for new suppliers of logistics services; first edition of Suzano Valoriza, recognizing the partnership, work and quality of suppliers' products and services.
Government
Objective: Establish partnerships to create policies that drive sustainable regional and national development, enhancing benefits for society.
Channels:
Highlights: participation in significant events such as Brazil Week, New York Climate Week, Hannover Fair, Latin American Cities Conferences, Brazil-China Business Council Annual Conference, COP16, and COP29.
Investors
Objective: To ensure transparency and create long-term value, we communicate and demonstrate responsible practices to attract and retain financial support from investors committed to environmental and social issues.
Channels:
Highlight: The inauguration of the Cerrado Project was made possible by a USD 600 million credit line from the International Finance Corporation (IFC). This credit operation includes sustainability performance indicators (KPIs) that set targets for reducing greenhouse gas (GHG) emissions and increasing the representation of women in leadership positions within the company.
Media
Objective: to communicate the company's activities in the business sector and its initiatives for sustainable development.
Channels:
NGOs and associations
Objective: to collaborate in addressing global challenges, promoting innovation, and creating a lasting positive impact.
Channels:
Highlights: We have partnered with the ICCB to reduce inequalities and accelerate the economic empowerment of young people in socially vulnerable situations through training and job generation. Additionally, we are collaborating with the National Bank for Economic and Social Development (BNDES) on the Transforming Connections initiative, which focuses on productive inclusion to generate income in Tocantins. We are also working with the Partners for the Amazon Platform (PPA), supported by USAID, which has invested 1.6 million reais in a sustainable development project in the Legal Amazon. Furthermore, we have partnered with The Nature Conservancy (TNC) to promote payments for environmental services to local landowners.
Startups
Objective: to encourage innovation, embrace sustainable solutions, and promote sustainable practices to address environmental challenges.
Channels:
Highlights: Suzano Ventures has launched acceleration programs in China and Canada. It has made its first investment in the British startup Allotrope Energy to advance pioneering technology in lithium-carbon battery production.