Oxiteno reports performance results and sustainability report
Oxiteno has just published its 2020 Sustainability Report. The fully digital publication highlights the company’s core environmental, social, and governance (ESG) practices. Despite the challenging scenario caused by the COVID-19 pandemic, the company ended 2020 with net revenue of R$ 5.22 billion, its best performance in five years, and 22% up year on year. Other highlights include the number of women in directors positions (57%); the structuring of a digital laboratory (XLab); the launch of the new education portal; participation in the acceleration program, Inova 2030 – Young Innovators in SDS, run by the UN Global Compact and Dom Cabral Foundation, with the Laboratory 4.0 project; recognition of the company’s management of climate change and water resource issues in the Carbon Disclosure Project; and the establishment of a partnership with EcoVadis to evaluate suppliers concerning sustainability.
Responsibitliy for society and environment
“The pandemic has had an unprecedented impact. The crisis and consequent economic instability have led to a review of goals and practices. One of our main challenges has been to safeguard employees and maintain operational continuity, given its essential role in society. Our products are indispensable raw materials for food, pharmaceuticals, hygiene, cleaning and sanitization products, among others. In this adverse scenario, we have reinforced our commitment to building a company that is more responsible to society and the environment—making sustainability central to the strategy. The result has been very positive,” says the CEO of Oxiteno, Joao Parolin.
Sales in hygiene and cleaning rose
Sales increased in 2020 by 13% in the hygiene and cleaning sector and by 14% in agriculture solutions, compared with 2019. This resulted from the dedication displayed by qualified professionals who worked strategically in the management of activities, such as the review of the maintenance shutdown schedule. Supply chain management and collaboration with commercial partners made operational continuity feasible at its 11 industrial units. Sales volume was 753,000 tons in 2020, up by 6% on 2019. In addition, 48 new products developed in co-creation with customers were launched—reinforcing the strategic pillar of innovation.
With sustainability incorporated into the business strategy and development and innovation processes, Oxiteno also advanced in 2020 in efforts such as working from home; restructuring its quality-of-life program; improving the supplier evaluation process, and new measures to further improve performance in safety and the environment. As a result of its efforts in more sustainable practices, the company achieved an EcoVadis Sustainability Rating of Platinum, which is achieved by only 1% of the companies evaluated worldwide. The company is only the second Brazilian company to be so recognized by this platform that evaluates corporate sustainability.