Long-Term Goals

Given the complexity of the existing challenges and opportunities, Suzano built its Sustainability Strategy in a collaborative manner, considering the numerous visions of its stakeholders. We are committed to expanding our role in the value chain and in society through our long-term goals, that guide our path over the next ten years, a period that the United Nations (UN) calls the Decade of Action.

Emissions

15% reduction in Scope 1 and 2 emissions per ton of production

Context

Climate change is a major global challenge. According to the World Economic Forum’s annual Global Risks report¹, in the next ten years, the most likely risks are associated with extreme weather events, failure of climate action, and human-caused environmental damage. The planet has been experiencing temperature increases, especially due to human actions that cause the emission of greenhouse gases (GHG)*, which result in a series of impacts² on natural ecosystems, communities, and on the development of economic activities.

In addition to the need to focus on climate change mitigation and adaptation, the private sector also seeks to understand the extent to which these issues are already affecting its economic-financial performance, and what business strategies they should implement to respond to the expected temperature increase scenarios. This includes both risks and opportunities associated with a climate-resilient and low-carbon economy, i.e., one that is geared toward generating income with lower GHG emissions intensity.

In our search for process efficiency, we have managed to considerably reduce the emissions associated with our production. Suzano’s GHG emissions intensity indicators per ton of product produced are currently among the lowest in the industry. However, we know that we can do more and, for this reason, we continue to focus on developing solutions that lead to better results³.

 


Scope:

Specific emissions, resulting from our production chain (Scope 1) and from the acquisition of electricity (Scope 2), mapped annually in the inventory⁴ of greenhouse gases, associated with the volume of finished goods.

Our emission intensity and goal are in line with the Paris Agreement, established in 2015, and among the lowest in the industry according to the Transition Pathway Initiative.

Baseline:

0.2133 tCO₂e/t (ano: 2015⁵).

Horizon:

0.1813 tCO₂e/t (ano: 2030).


Results in 2020:

Scope 1 increased by 0.6% and Scope 2 decreased by 16.42%, representing an overall increase (scope 1 + 2) of 0.05%.

Regarding scope 1 ( which is the scope under which we have operational control), we had a slight increase in emissions. Despite the percentage increase in emissions related to fossil fuel consumption in our industries, the higher the production, the higher the generation of renewable energy. In other words, there is no direct and proportional correlation between the increase in production and the increase in emissions that could justify these numbers. Projects were implemented to increase efficiency and specific energy generation based on black liquor (renewable fuel / by-product of our process). In our forestry operations, although we followed through with optimization and efficiency projects after the integrations and adjustments to the operation in 2019, we also had a slight increase in emissions from fossil fuel consumption. On the other hand, regarding the purchase of energy (Scope 2), there was a reduction in emissions, which was proportional to the 17.73% reduction in the emission factor of electricity from the Brazilian grid.

About the goal denominator (production in tons) it should be noted that the total represents the sum of all our production of pulp, paper, and consumer goods. This number differs from the production numbers disclosed in the financial statements, since they present the finished volumes, made available to the market. The production volume used to calculate intensity increased by 3.85%.

Considering the same level of emissions and the increase in production, the intensity of our emissions (scope 1 and 2) per ton of production was 0.1929 tCO₂e/t⁵, down 9.59% from the baseline and an advance of 63.9% in achieving the long-term goal.

This result is a major advance on our journey to achieving the goal and demonstrates Suzano’s focus on reducing its fossil fuel emissions.

KPI Tracking:

2015 2016 2017 2018 2019 2020
Scope 1 and 2 Emissions (tCO₂e) 2,140,620.90 2,073,041.38 2,146,946.14 2,330,110.60 2,213,636.48 2,214,634.59
Total production* 10,033,914.02 10,035,743.97 10,710,474.11 12,075,403.30 11,057,068.97 11,482,524.60
Results achieved: tCO₂e/t emissions 0.2133 0.2066 0.2005 0.1930 0.2002 0.1929

*Total production: Sum of the total production of pulp, paper, and consumer goods. This number differs from production numbers disclosed in the financial statements, which present finished volumes, made available to the market.

Our plans for 2021:

Regardless of the significant result achieved in 2020, Suzano will continue to implement initiatives to reduce consumption of fossil fuels in its operations. Although production is a relevant factor for variation in the target, the challenges for reaching it remain, especially considering that Suzano’s energy mix in scope 1 is already composed of 88.4% renewable base.

Throughout 2020 our Greenhouse Gas Inventory underwent a number of improvements and systematization, including a more thorough analysis of the data used. This methodology will be revalidated in 2021, and we will begin collecting information more than once a year, which will help anticipate variations in the results.

Since the goal achieved was higher than expected in 2020, in 2021 Suzano will review the methodology for forecasting emissions until 2030 and will present a diagnosis of this study in the 2021 report.

For more information about our initiatives, access the macro-topics “Climate Change” and “Energy” in the Indicators Center.

The emissions reduction goal has a specific target for 2021, since it is related to the issuance of financial instruments Sustainability-Linked Bonds (SLB) and Sustainability-Linked Loan (SLL). To learn more about our issuance of financial instruments, access our 2020 Report.

 

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 more information on Suzano’s context and relationship with Climate Change, click here.
⁴ The 2020 Greenhouse Gas inventory was externally assured according to NBR ISO 14064 standards and the Brazilian GHG Protocol Program verified by an independent third party.
⁵ The information required to establish the goal was taken from the inventories of greenhouse gases generated by the former companies (Suzano Papel and Celulose e Fibria).