CEO Message
“Benefitting 366,000 new families with access to water and sanitation across all regions of Brazil in 2022, we have numerous reasons to take pride in all that we have accomplished. We will continue to expand the number of families we assist in 2023, as well as our social projects focused on income generation and inclusion, in line with our mission to take sanitation far beyond the basics.”
Alexandre Thiollier, CEO da BRK
ESG Rating
BRK ranks among the top ten companies globally, the first in Brazil and the Americas, and second worldwide in the sanitation sector among sixty companies assessed according to the ESG Rating by Sustainalytics. BRK has been recognized as one of the leading companies in ESG risk management, with a particular emphasis on Business Ethics, where BRK achieved the top global ranking.
ESG HIGHLIGHTS
ENVIRONMENT
ENERGY EFFICIENCY
In 2021, we surpassed our goal of achieving over 50% of our energy consumption from renewable sources and launched a new challenge: reaching a target of 70% of direct renewable energy consumption by 2030.
NIS = National Interconnected System.
Direct Renewable Energy = energy from solar generation and own small power plant and from the free market.
95% of the energy consumed by BRK in 2022 came from renewable sources, considering the NIS.
NET ZERO STRATEGY
The company has committed to achieving net-zero greenhouse gas emissions (GHG) by 2040 and has set interim control targets for 2025 and 2030.
WATER SECURITY AND LOSS REDUCTION
The water security and loss reduction program enabled us to prevent the wastage of 25 billion liters of water between 2018 and 2022. In 2022, the Company reduced losses from 41%, as recorded in 2018, to 35%, and to ensure the effectiveness of this journey, we have committed to achieving a 25% loss rate by 2030.
SOCIAL
DIVERSITY AND INCLUSION
The DiversifiK Program, focused on promoting diversity and inclusion, includes a collegiate committee composed of leaders and four working groups dedicated to the following fronts: Women's Empowerment, Racial Diversity, LGBTQIA+, and People with Disabilities (PWDs).
GOVERNANCE
ADVANCES IN GOVERNANCE
BRK has been a signatory of the UN Global Compact and a member of the Brazilian Global Compact Network since 2018. The company has also embraced the UN Women's Women's Empowerment Principles (WEPs) and utilizes their guidelines to steer the internal gender equity program.
BRK is certified in ISO 37001, which confirms compliance with the Anti-Bribery Management System - ABMS.
BRK has been awarded the Pró-Ética 20-21 seal, an initiative by the Office of the Comptroller General of Brazil and the Ethos Institute, recognizing companies committed to preventing and combating corruption and other forms of fraud.
ECONOMIC PERFORMANCE
In 2022, BRK continued its consistent track record of results. For the fourth consecutive year, EBITDA showed double-digit growth, combined with a reduction in leverage during the fiscal year. This performance was sustained by a structured and ongoing operational efficiency plan.
The Company’s main operating and financial results in 2022 are listed below:
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