The Holding Company is responsible for monitoring the performance of the environmental management of its Businesses through macro indicators reported periodically by all of them. It is also responsible for fostering synergy and alignment on themes related to sustainability that are of common interest.

To that end, the Holding Company coordinates the Sustainability Committee, created in 2012 and composed of the officers responsible for that area in all the Businesses. The Committee meets monthly to share knowledge, participate in forums, good practices, commitments, indicators, reports and the thematic agenda: climate change, greenhouse gas inventories, protocols signed, participation in collective platforms.

Within the scope of Business, the monitoring of environmental indicators is carried out jointly by the officers responsible for the support in Sustainability and the unit responsible for the operational side. Performance targets are agreed upon as part of the Leaders’ Action Programs (PA), both for operating units and the Business of which they form part.

Environmental management in Odebrecht Businesses also follows the guidelines of the Sustainability Policy. Through this Policy, specific guidelines apply to each Business. Environmental and biodiversity preservation is considered a value in the operations of all Businesses. Odebrecht’s Communication Policy and Policy on Acting Ethically with Integrity and Transparency also address environmental issues.

Impact management  G4-EN27Click for more information on this aspect in the GRI Content Index

Impact management has specific financial and human resources at its disposal. The social and environmental investment for mitigation, correction, recovery or compensation of impacts, in 2015, totaled BRL 604.7 million.

The environmental monitoring carried out in each operational unit includes the performance indicators specific to each operation, depending on the significance of their impacts and risks. Common indicators are consolidated by the Holding Company for all Businesses, including those relating to the inventory and management of greenhouse gas emissions.

The application of the Sustainability Policy, as well as the Odebrecht Entrepreneurial Technology and the Policy on Acting Ethically with Integrity and Transparency, translates into risk management and risk mitigation programs that are voluntarily maintained in the Businesses and ensure that the Precautionary Principle is present at all stages of its operations. In decision making, scenarios, operational routines and climatic variations are analyzed, anticipating possible situations involving risk to the environment and to the physical integrity of people in the Businesses' direct and indirect spheres of influence. G4-14Click for more information on this aspect in the GRI Content Index

Impact mitigation solutions vary, depending on the operations and environment in which they are conducted. At Braskem, for example, the main impacts relate to the use of non-renewable materials (such as naphtha) and atmospheric emissions. The company minimizes these aspects by improving productivity in its processes and developing products that have less impact throughout their life cycle.

Odebrecht’s Businesses participate in collective initiatives to improve efficiency in the management of greenhouse gas emissions and support public policies to combat climate change. One example is the adoption of commitments and recommendations made in the Open Letter to Brazil, published in 2015 by the Climate Forum, an initiative coordinated by the Ethos Institute in Brazil. In June 2015 the Brazilian Coalition on Climate, Forests and Agriculture was launched, with the participation of Odebrecht Agroindustrial.

At Braskem, in 2015 carbon intensity (scopes 1 and 2) showed a cumulative reduction of approximately 16% in relation to base year 2008. During that period, it prevented the emission of 5.3 million tons of CO2e, which corresponds to the planting of 35 million trees. (More information is available in the Company’s Annual Report, at www.braskem.com.br).

In 2015, Odebrecht Ambiental launched two supplementary programs for the control of environmental impacts and recovery: Monitoring Bodies of Water and Preservation of Springs, which include guidelines for participation in committees and reforestation of riparian forests, erosion containment and soil conservation, signaling in Permanent Preservation Areas and revitalization of catchment areas, replenishing aquifers and springs.

BRL 604.7 million
obligatory investment in
environmental initiatives

Sustainability
Policy

guides the Business’s operations

Commitments to
measures that combat

climate
change

5.3 million tCO2e
 mitigation
net of greenhouse gases at
Braskem

6 milion
trees planted
are equivalent to
the net co2 captured
by odebrecht agroindustrial