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Welcome to our bi-weekly newsletter, where we share news about Votorantim and the companies in our portfolio, along with updates and insights about the market. Click on “Subscribe” to follow upcoming editions!
CCR is now Motiva
On Thursday (24th), in São Paulo, former “Grupo CCR” officially launched its new brand, Motiva, whose name originates from the Latin “motivus,” meaning ” that which moves” or “that which causes movement.” The CEO of Motiva, Miguel Setas, and the CEO of Votorantim and Chairman of the Board of Motiva, João Schmidt, spoke about the process of revising the strategy, organizational structure, and corporate culture that led to the adoption of the new name and visual identity. “This new brand is born with pride in CCR, but with the courage to look forward, to innovate, to grow, and to connect with new generations, new audiences, new possibilities. It is an invitation. A call to all of us: employees, customers, partners, and friends — to walk together in this new stage,” said Schmidt.
On Friday (25th), the company also inaugurated its new headquarters in São Paulo, which was already born with the visual identity of Motiva. On the same date, eight other company offices received the application of the new brand.
Advancing in sustainability
The companies in our portfolio continue to publish their integrated reports, highlighting the main advances of 2024. At Grupo CCR (now Motiva), the highlight was the new sustainability governance, which establishes 11 KPIs and strategic roadmaps to monitor the progress of more than 140 ongoing actions. VC also made progress on the topic with achievements such as reaching a global thermal substitution rate of 32.1%, with 18.2% of waste coming from biomass, which is climate neutral. CBA further consolidated its position as a reference in low-carbon aluminum production, with emissions 3.9 times below the global industry average. At Nexa, one of the highlights was obtaining a R$200 million financing from BNDES, aimed at supporting ESG practices and having counterparts that leverage action on the topic.
Commitments for 2030
Citrosuco announced the revision of its ESG commitments for 2030, raising the ambition in environmental and social goals. For this, an ESG Committee was created, composed of managers from across the value chain and external consultants. The goal of women and black people in leadership positions, which was 30%, has already been achieved, now being expanded to 35% women and 14% black people in these positions. In biodiversity, the company implemented policies based on criteria such as TNFD and intends, within five years, to be 80% compliant with this framework. For water resources, the goal is to improve efficiency by 20%. Citrosuco also aims to achieve 100% sustainable product supply by 2030.