Sustainable development macro goals Goal 2020

Sustainability
aligned to business

Our global Sustainable Development strategy is based on three strategic pillars: increasingly more sustainable processes and resources; more sustainable product portfolio; and offering society, in partnership our client chains, solutions that enable everyone to enjoy an increasingly sustainable life. We have updated our policy with the goal of becoming the leaders in business contribution to Sustainable Development. Learn more about the Global Sustainable Development Policy .

Since our founding, we have worked constantly to align our growth strategy with processes and initiatives that minimize any social and environmental impacts. With a focus on developing a sustainability strategy, our work is based on ten macro goals and targets established for 2020 – all of which are linked to 17 Sustainable Development Goals (SDG) of the United Nations. Complementing these pillars are ten macro goals, which include topics of material importance to the company and its stakeholders. For each macro goal, strategic targets were set for 2020 with intermediate actions established to ensure they are reached. Check below the five ODSs to wich we contributed the most and for more information about Braskem, check the Annual Report  and also the Materiality Matrix .

Safety

Implementation

% Of Achieved Goals

2015
83
2016
99
2017
98

Goal 2020

People Safety: Reach a recordable and lost-time personal injury rate of 0.75 injuries/MMhw;

Process Safety: Have a transportation injury rate (TIER) of 0.20 Events/MMhw.

Highlights 2017

Investments: From 2015 to 2017, R$260 million was invested in occupational safety, process safety and health projects, which avoided costs of around R$44 million;

Performance: From 2002 to 2017, the recordable and lost-time injury frequency rate improved by 90%;

TIER1 process safety events declined by 33% in relation to 2016, to 0.14 events per million hours worked;

No new cases of occupational illness were recorded;

From 2002 to 2017, the solid waste generation rate improved by 64%, which represents a result that is 57% better than the average of the national chemicals industry, based on Abiquim data for 2015. The company avoided costs with solid waste generation over the last three years of around R$23 million.

Highlights 2016 - 2013

2016: Substitution of asbestos electrolytic cells at the plant in Maceió, Alagoas.

2015: Issue of the corporate procedure “Product Stewardship,” which reinforces the commitment to reduce product toxicity and establishes a matrix of responsibilities for the entire organization.

The Company recorded its best injury frequency rate since 2002.

2014: Creation of a Working Group to design a multi-year action plan to substitute ozone-depleting substances.

2013: Systematic implementation of annual audits of the integrated health, safety and environment system.

Financial Results

Implementation

% Of Achieved Goals

2015
85
2016
73
2017
73

Goal 2020

Investment grade: Maintain investment-grade ratings at the agencies Moody’s, Fitch Ratings and Standard & Poor’s.

Highlights 2017

Production Capacity: Inauguration of the new Ultra-High Molecular Weight Polyethylene (UHMWPE) plant in La Porte, Texas. The high-performance UHMWPE was developed and produced using Braskem’s proprietary technologies.

Investment Grade: Braskem maintained the investment-grade ratings assigned to it by two global credit rating agencies: Fitch Rating and Standard & Poor’s.

Highlights 2016 - 2013

2016: EBITDA: record of R$11.5 billion;

Inauguration of the Mexico Petrochemical Complex;

Braskem maintained the investment-grade ratings assigned to it by two global credit rating agencies: Fitch Rating and Standard & Poor’s. Moody’s downgraded the Company’s investment-grade rating.

2015: EBITDA: record of R$9,372 million.

2014: Braskem entered into an agreement with Siluria Technologies, a U.S.-based company that sells fuels and chemical products made from natural gas. This agreement is for the direct conversion of methane from natural gas into ethylene, which will reduce the costs of plants using naphtha as feedstock.

2013: Braskem announced the expansion of one of its linear low-density polyethylene production (LLDPE) lines at the Camaçari Complex in Bahia state, which added 120 kta to its annual production capacity.

Water Efficiency

Implementation

% Of Achieved Goals

2015
100
2016
96
2017
100

Goal 2020

Maintain: Maintain a water consumption rate (m³/t) below the average consumption rate of the global chemical industry, which is 26.64 m³/t (2014 data).

Increase: Gradually increase the water reuse rate to 25% by 2020, to 30% by 2025 and to 50% by 2030.

Highlights 2017

Investments: R$68 million was invested in environmental projects from 2015 to 2017, which avoided costs of around R$33 million with higher water efficiency.

Performance: From 2002 to 2017, the water consumption rate improved 4%, making it six times better than the average of world chemical industry (base ICCA 2014 – 25.64m³/t). The net wastewater discharge rate improved by 45%.

The water reuse rate improved by 39% from 2011 to 2017, to 25.7%. Since 2014, around 30 million m³ of reuse water were used under the Aquapolo Project. The amount of water corresponds to 12,000 Olympic swimming pools.

Recognition: For the first time Braskem was named an "A List" company in the CDP’s Water ranking, which recognizes world’s best publicly traded corporations in managing the use of water resources. Braskem was the only Brazilian company to achieve the top score in the CDP's Water ranking, consolidating its position as a reference in the management of water resources and recognizing its contributions to the transition towards a sustainable economy.

Highlights 2016 - 2013

2016: Braskem analyzed the risk of water scarcity in 8 watersheds, with 4 of these studies concluded in 2017. These studies enabled the mapping of operations located in areas of potential water scarcity risk at the time they were conducted (2015) and in 2040. This made it possible to plan the best way to treat the risks and opportunities identified in the pursuit of alternative water sources in water scarcity areas.

2015: The Company launched the Lower Losses, More Water Movement, which seeks to reduce water losses in distribution, which is an initiative of the UN Global Compact that is aligned with the Sustainable Development Goal SDG-6. The movement is led by Braskem and Sanasa.

The Aquapolo Project consolidated its position as a successful case of adaptation to climate change by enabling normal operations in the ABC region of Greater São Paulo during the 2014-15 water scarcity.

2014: For the first time, Braskem participated in the Water Disclosure, a CDP initiative.

2013: Operation of two water reuse projects, namely Aquapolo (São Paulo) and Água Viva (Bahia), during the year, which allowed Braskem to avoid the withdrawal of 13 billion liters of water from the environment, which corresponds to the consumption of 178,000 people.

Developing Solutions

Implementation

% Of Achieved Goals

2015
84
2016
85
2017
91

Goal 2020

Reputation: Reach “strong” level in its Reputation Score in the “Products & Service” dimension of the public Deep Dive Clients.

Highlights 2017

Braskem Labs Program: Launched in 2015, the entrepreneur incentive program has grown, developed, evolved and transformed into a platform based on three programs:

- Braskem Labs Ignition: acceleration of startups that are in the phase of validation of their business model or Minimum Viable Product (MVP) or in the growth phase;

- Braskem Labs Scale: acceleration of companies with solutions already validated and available in the market that have a positive impact on society using chemistry and/or plastic;

- Braskem Labs Challenge: search for startups that contribute to the improvement in Braskem’s internal processes based on the challenges proposed by the departments, with the possibility of the startups becoming suppliers or partners.

Performance: From 2011 to 2017, Braskem concluded 78 Life Cycle Assessments (LFA), which comprised 55 full assessments and 23 screenings. In 2017, it completed 14 full assessments and 10 simplified ones, and started another 9 that currently are ongoing.

Recognition: The Association of Plastics Manufacturers in Europe presented Braskem with a plastics innovation award for its EVA resin, recognizing its sustainable appeal;

Braskem placed third in the Valor Innovation 2017 Awards, in the category “Chemical and Petrochemical Industry.”

Highlights 2016 - 2013

2016: In its second edition, the Braskem Labs program received 190 submissions and selected 1,212 innovative proposals in the areas of chemistry and plastics and to combat the mosquito Aedes aegypti;

The Eco Brasil Award, sponsored by the American Chamber of Commerce (Amcham) and the newspaper O Estado de S.Paulo, recognized the Braskem Labs program as the winner in the category “Processes – Large Companies.”

2015: This year, a booklet showing the environmental benefits of plastic was prepared. Braskem’s case study on Emissions Avoided with plastics was selected for publication by the International Council Of Chemical Associations (ICCA);

In the LCA Compendium:

2014: Launch of white-on-black plastic mulch made from polyethylene, designed especially for citrus crops. The solution covers the soil to control weeds and maintain soil moisture and temperature, while also contributing to water efficiency in agriculture;

Braskem polyisobutylene (PIB) was used by Tecno Cell Agroflorestal in the formulations of products that control urban plagues. PIB is a non-toxic transparent chemical product compatible with organic materials;

Development of a new polyethylene resin for use in pipes for water and natural gas distribution networks, for the transport of ore slurry and oil and for sewage networks and water mains.

2013: Inaugural event of the LCA Brazilian Business Network. Led by Braskem, the forum disseminates the use of LCA and created a Brazilian database through the Brazilian LCA Program.

Strengthening Practices

Implementation

% Of Achieved Goals

2015
87
2016
91
2017
94

Goal 2020

Maintain: Keep the company listed with a score equivalent to the average score of the portfolio of the Corporate Sustainability Index (ISE);

For the score of the Dow Jones Emerging Markets Sustainability Indices (DJSI), keep Braskem listed with a score equivalent to that of the first company included in this global index.

Highlights 2017

Recognition: For the 13th straight year, Braskem was selected as a component of the Corporate Sustainability Index (ISE) of the B3 exchange.

The company was included for the fourth time in “The Sustainability Yearbook” published by RobecoSAM, an international investment consulting firm specializing in sustainability;

For the second straight year, Braskem was the winner in the gold category as a supplier on Ecovardis, a platform whose goal is to develop social responsibility practices among companies by drawing on their influence in global supply chains;

Since 2012, Braskem has been an advanced level company as a Global Compact Leader.

Highlights 2016 - 2013

2016: Braskem conducted an assessment of the impacts on human rights, guided by the UN's guiding principles (Ruggie’s Framework). The work involved the company’s operations in Brazil, Mexico, United States and Germany, considering its entire value chain.

2015: The company became a signatory to the Women's Empowerment Principles (WEP), seeking to adopt and encourage measures that promote gender equality and women’s empowerment. This public commitment is one of the initiatives of Braskem's Diversity & Inclusion Program, which was launched this year and initially will focus on gender equality.

2014: Formation of over 50 classes for the Leaders for Sustainable Development Workshop, which was held to take another step towards engaging leaders and to strengthen their contribution to sustainability. A total of 922 people were trained in Brazil, Mexico and United States;

For the first time, Braskem was included in “The Sustainability Yearbook” published by RobecoSAM, an international investment consulting firm specializing in sustainability.

2013: This year, Braskem was recognized for its initiatives in sustainability by the following communication means: EXAME Sustainability Guide, Revista Amanhã magazine, Environmental Analysis and Época Negócios Yearbook.

Climate Change

Implementation

% Of Achieved Goals

2015
99
2016
93
2017
100

Goal 2020

CO2: Change CO2 emissions intensity (tCO2e/t) to reach a carbon emissions intensity of 600 kg/ton.

Highlights 2017

Performance: Improvement in carbon emissions intensity of 20% from 2008 to 2017.

Recognition: Braskem was named for the second time an "A List" company in the CDP’s Investor Climate ranking and in the CDP’s Supply Chain Climate, and for the first time in the CDP’s Water ranking;

Braskem was selected for the seventh straight year as a component of the Carbon Efficient Index (ICO2) of the B3 exchange;

The Company garnered the gold classification in the GHG Protocol for the eighth straight year.

Highlights 2016 - 2013

2016: Braskem was named for the first time an “A List” company in the CDP’s Investor Climate ranking and in its Supply Chain Climate ranking.

2015: The Company completed the study of climate risk management (physical, reputational, value chain) and opportunities for 100% of Braskem’s industrial plants, with the support of the Center for Sustainability Studies (GVces) and the National Space Research Institute (INPE).

2014: Investment of R$59 million in projects to reduce greenhouse gas (GHG) emissions, which captured savings estimated at R$4.5 million.

2013: Braskem attained a leading position in CDP Brasil with a 99% score in transparency and an “A” level in results

Energy Efficiency

Implementation

% Of Achieved Goals

2015
85
2016
84
2017
85

Goal 2020

Energy: Reach energy consumption rate of 10.30 GJ/t;

Have a renewable energy use rate of 11.10%.

Highlights 2017

Investments: From 2015 to 2017, R$68 million was invested in environmental projects, which avoided costs of around R$469 million with the improvement in energy efficiency;

Performance: From 2002 to 2017, the energy consumption rate improved by 11%.

Highlights 2016 - 2013

2016: Since 2002, around R$100 million has been invested to improve the efficiency of the electrical systems of the crackers Q1 BA and Q2 RS to help prevent interruptions in power supply.

2015: From 2012 to 2015, approximately R$55 million was invested in control and protection of the internal electrical system at the Camaçari-SISUP Complex in Bahia, to mitigate risks arising from potential interruptions or variations in power supply.

2014: The plant Q2 RS was the first unit in the country to install a piece of equipment used by only three other petrochemical units worldwide. With this initiative, the industrial unit already has obtained significant results, such as a reduction of 4.4 megawatts/hour in energy consumption and reduction in steam demand of 22 tons/hour, effectively saving 1.6 t/h of fuel oil.

2013: Improvement in productivity and energy optimization in the pyrolysis furnaces and boilers at crackers, which captured savings of around R$34.3 million.

Renewable Resources

Implementation

% Of Achieved Goals

2015
82
2016
82
2017
82

Goal 2020

Production: Capacity to produce 254 kta of chemical basic products and thermoplastic resins from renewable feedstock.

Highlights 2017

Ethanol Suppliers Code: Around 98% of the ethanol used to make Green Plastic came from suppliers that are signatories to the code.

Performance: Braskem registered improvement in the environmental performance of its ethanol suppliers, which in turn supported improvement of 11% in GHG emissions and resulted in the capture of 3.09 tCO2/t of resin.

Recognition: Braskem once again was named one of the 50 Hottest Companies in the Advanced Bioeconomy 2017, an award sponsored by the world’s most widely read biofuels website.

Cooperation Agreement: Braskem and Danish-based Haldor Topsoe, the global leader in catalysts and surface science, signed a technological cooperation agreement to develop a pioneering route to produce monoethylene glycol (MEG) from sugar. The agreement involves the construction of a demonstration plant in Denmark, with operation slated to begin in 2019.

Highlights 2016 - 2013

2016: R$7.1 million was invested in modernizing Green PE production, which reduced CO2 emissions by around 30%. A new wastewater reuse system was also installed in the plant.

2015: Green Polyethylene celebrated its fifth anniversary. Today, Braskem’s Green Plastic is used by more than 80 brands in countries in South and North America, Europe, Asia and Oceania.

2014: An international cooperation agreement with Amyris and Michelin to develop a new technological route for the production of isoprene from renewable feedstock was announced.

2013: Agreement signed with Genomatica, a biotechnology research company, to partner on the development of green butadiene.

Post-Consumer Waste

Implementation

% Of Reached Goals

2015
1
2016
1
2017
1

Goal 2020

Production: Capacity to produce 20 kta of recycled resins.

Highlights 2017

Governance: Selection of a global leader for the Wecycle platform.

Projects: The resin Wecycle contributed to the production of a new bicycle concept. The frame is made from 30% Wecycle polyethylene resin and 70% virgin resin.

The pilot project of the Wecycle platform involving the recycling of disposable cups at Odebrecht São Paulo Building (OSPB) completed one year. Around 2 million cups were collected in the period, which corresponded to 8.5 tons of PP which, after recycled and processed, returns to the market as packaging for cosmetics and cleaning products and technical parts.

Highlights 2016 - 2013

2016: Launch of the first Polypropylene and Polyethylene resins made from 100% recycled content, with the combined production volume of the two resins potentially reaching 50 tons per month.

2015: Launch of the Wecycle platform, which was created to foster businesses and initiatives that value plastic waste and to develop solutions, products and processes involving plastics recycling.

Chemical Recycling: Three chemical recycling technologies were selected for detailing and technical and economic assessment: Eco Energy, Michaelis and JBI.

National Solid Waste Policy (PNRS): An industry agreement for the reverse logistics of non-hazardous packaging was signed by 20 associations that combined account for 75% of the packaging produced in Brazil.

Local Development

Implementation

% Of Achieved Goals

2015
78
2016
86
2017
81

Goal 2020

RepTrakTKM Pulse: Reach “excellent” level in citizenship dimension of RepTrakTKM Pulse for the Reputation Score (%).

Highlights 2017

Volunteer Program: Braskem launched a pilot edition of its Volunteer Program in three countries (Brazil, USA and Mexico). The program involved 418 volunteers and 74 teams.

Around 144,000 people were benefited by 13 Private Social Investment projects in Brazil.

Highlights 2016 - 2013

2016: R$27.5 million was invested in social and environmental projects, mainly in private social investment projects:

- Ser+ Realizador: 3,444 collectors of recyclable materials were benefited, 813 of which improved their income;
- Fábrica de Florestas Institute: 88,407 seedlings were produced, and 46,628 were planted.
- Edukatu: the project registered significant improvement in its key numbers.

2015: Braskem invested around R$25.7 million in social projects this year. In the case of Private Social Investment Projects (ISP), R$5.4 million was invested; in the case of sponsorships (projects in the public interest), there was R$11.3 million in tax incentives (R$2.5 million in income tax and R$8.8 million in state VAT tax - ICMS) plus R$697,000 in direct investment; in the case of the Odebrecht Foundation, R$7 million was donated to the Program for Development and Growth Integrated with Sustainability (PDCIS) and R$1.3 million was donated by Team Members to the Tribute to the Future Program.

2014: Braskem invested R$21.3 million in social, environmental, cultural and sports projects in Brazil, divided among three major fronts: Private Social Investment (PSI) projects, sponsorships and donations to the Odebrecht Foundation (R$7 million).

2013: R$17.5 million was invested, R$7 million of which was donated to the Odebrecht Foundation; R$6.3 million was invested in Private Social Investment (ISP) Projects; R$3.8 million was invested in sponsorships; and R$400,000 corresponding to direct investment.