Mission Statement, Vision, & Core Values (2024) of Suzano S.A. (SUZ)

An Overview of Suzano S.A. (SUZ)

General Summary of Suzano S.A.

Suzano S.A., founded in 1924, is one of the world's largest integrated producers of pulp and paper products. The company operates in Brazil, with a comprehensive portfolio that includes pulp, paper, and other wood-based products. As of 2024, Suzano's notable products include printing and writing paper, tissue paper, and paperboard. In the fiscal year 2023, the company's net sales reached approximately BRL 30 billion (USD 6 billion), reflecting a significant presence in both domestic and international markets.

Company's Financial Performance in the Latest Financial Reports

In the latest financial reporting period, Suzano posted record-breaking figures, with revenue increasing by 15% compared to the previous year. Key financial highlights include:

The growth in revenue was primarily driven by the demand for Suzano’s main product, market pulp, which saw a surge in international sales, particularly in North America and Europe.

Introduction to Company as One of the Leading Companies in the Industry

Suzano S.A. stands out as a leader in the global pulp and paper industry, recognized for its innovative practices and sustainable approach. The company operates with a commitment to sustainability, contributing to environmental conservation initiatives and responsible forestry practices. As of 2024, Suzano occupies significant market share, with approximately 25% of the Brazilian market for paper and pulp.

To understand more about why Suzano remains successful in its industry, consider the following:

• Investment in cutting-edge technology and infrastructure
• Expansion into new international markets
• Commitment to sustainability and environmentally friendly practices
• Diversified product offerings that meet various consumer needs

Mission Statement of Suzano S.A. (SUZ)

Mission Statement Overview

The mission statement of Suzano S.A. (SUZ) encapsulates the company’s purpose and direction, serving as a guiding principle for its operations and strategies. It emphasizes the commitment to sustainability, innovation, and economic growth within the forestry and paper products sector.

Core Component 1: Sustainability

Suzano S.A. is dedicated to sustainable practices, focusing on environmental responsibility. In 2021, the company was recognized as one of the leading companies in sustainable forest management, boasting a certified area of over 2.7 million hectares. Aimed at reducing carbon emissions, Suzano's operations reported a reduction of 20% in greenhouse gas emissions per ton of product between 2015 and 2020.

Core Component 2: Innovation

Innovation is a cornerstone of Suzano’s mission. The company invests approximately 2% of its annual revenue into research and development, with the goal of enhancing product quality and creating new materials. In 2022, Suzano launched a new biodegradable paper product line, which is projected to capture a market share of 5% in the biodegradable segment by 2024.

Core Component 3: Economic Growth

Economic growth is integral to Suzano's mission, driving value creation for stakeholders. The company reported a net revenue of BRL 18.7 billion in 2022, with a 10% year-over-year growth. This economic performance is attributed to increased demand for sustainable products in both domestic and international markets.

Vision Statement of Suzano S.A. (SUZ)

Vision Statement Overview

The vision statement of Suzano S.A. for 2024 focuses on sustainable growth and innovation within the forestry and pulp industry. It emphasizes leadership in sustainable practices and the development of eco-friendly products.

Commitment to Sustainability

Suzano aims to become a global leader in sustainable forestry practices. The company's target is to achieve zero deforestation by 2025 and to maintain a 100% certified forest area by 2024. In 2022, Suzano reported that 70% of its forests were certified by the Forest Stewardship Council (FSC).

Innovation and Technology

The company's vision promotes continuous innovation. Suzano invests approximately R$ 1.5 billion annually in research and development, focusing on developing new products that utilize renewable resources. In 2023, the company introduced 12 new product lines aimed at enhancing sustainability.

Global Market Leadership

Suzano's vision includes expanding its market presence. As of 2023, Suzano was the largest producer of eucalyptus pulp globally, with an annual production capacity of 10.5 million tons. The company aims to increase its market share in North America and Europe by 15% by 2025.

Economic Impact and Employment

Suzano envisions contributing to economic development in Brazil. The company currently supports over 30,000 jobs directly and works with approximately 60,000 suppliers. In 2024, Suzano expects to generate an economic impact of R$ 8 billion in local economies.

Customer-Centric Approach

Suzano's vision includes a strong emphasis on customer satisfaction. The company conducts biannual customer satisfaction surveys, aiming for a score of 90% or higher. In 2023, they reported a customer satisfaction rate of 88% based on feedback from over 1,000 clients.

Community Engagement

The company prioritizes community engagement initiatives as part of its vision. Suzano's social investment for 2023 was approximately R$ 200 million, focusing on education, health, and environmental conservation projects. The goal for 2024 is to increase community investment by 10%.

Strategic Partnerships

In 2024, Suzano targets establishing new strategic partnerships to enhance its sustainability efforts. The company has partnered with organizations like the World Wildlife Fund (WWF) and aims to foster 5 new collaborations focused on sustainable practices over the next year.

Future Aspirations

Suzano's long-term vision includes becoming a carbon neutral company by 2030. This goal aligns with the broader global initiative to reduce greenhouse gas emissions and enhance climate resilience. The company continues to develop its carbon credit program, which in 2023 had issued approximately 1 million carbon credits.

Core Values of Suzano S.A. (SUZ)

Innovation

The core value of Innovation at Suzano S.A. emphasizes the necessity for creativity and advancement in all operations. This commitment is crucial for maintaining competitive advantage and improving sustainability within the paper and pulp industry.

In 2022, Suzano invested approximately R$ 1.5 billion in research and development, focusing on innovative products and sustainable practices. Notably, the launch of the “Eucafluff” product line capitalizes on innovative fiber technologies that enhance absorbency and provide alternatives to conventional superabsorbent materials.

Moreover, Suzano has implemented the “Innovation Radar” initiative, which identifies emerging trends and technologies. This program has resulted in partnerships with over 30 startups, aiming to foster co-innovation solutions that align with its sustainability goals.

Sustainability

Sustainability is integral to Suzano's operations, reflecting a commitment to environmental stewardship and socio-economic development. The company's sustainability initiatives are rooted in preserving biodiversity and mitigating climate impact.

In 2023, Suzano achieved a 20% reduction in greenhouse gas emissions per ton of product compared to 2020 levels, highlighting its commitment to sustainable development. Also, the company has planted over 100 million trees as part of its reforestation efforts, restoring native ecosystems.

Additionally, Suzano's “Zero Waste” program focuses on resource efficiency, with a target to recycle 100% of its industrial waste by 2025. This initiative has already resulted in a 75% reduction in landfill waste since the program's inception.

Ethics

Ethics form the foundation of trust and integrity at Suzano S.A. The company prioritizes ethical practices in all business dealings, ensuring transparency and accountability.

In 2022, Suzano strengthened its “Integrity Program”, which includes ongoing training for over 7,000 employees on ethical conduct and compliance. The program emphasizes anti-corruption measures and promotes a culture of reporting misconduct without fear of retaliation.

Furthermore, the company's adherence to international standards such as the OECD Guidelines for Multinational Enterprises demonstrates its commitment to ethical operations globally, ensuring respect for human rights and fair labor practices across its supply chain.

Collaboration

Collaboration at Suzano is vital for fostering teamwork and partnership, both internally and externally. This value enhances productivity and drives collective innovation and problem-solving.

In recent years, Suzano has engaged in over 50 collaborative projects with local communities, businesses, and academic institutions. These projects aim to create shared value and drive social impact, such as the “Social Forest” program, which empowers local farmers through sustainable agriculture training.

Additionally, the company launched a “Collaborative Innovation Forum” in 2023, bringing together stakeholders from various sectors to co-create solutions addressing industry challenges, thereby reinforcing its collaborative ethos.

Excellence

Excellence is a defining characteristic of Suzano S.A., guiding the company to meet the highest standards in all aspects of its operations.

In 2022, Suzano achieved an operational efficiency rating of 95%, surpassing industry benchmarks. This was driven by continuous improvement initiatives that optimize production processes and reduce waste.

Furthermore, in 2023, Suzano was recognized as one of the top five companies in the Global Forest and Paper Sector for its commitment to product quality and sustainability, showcasing its dedication to excellence.