Stimulate zero illegal deforestation in the industry, reinforcing internal diligence, supporting the transition and coordinating companies and associations to create a sectoral commitment.

In progress
We are committed to supporting the transformation of the industry, by adopting special practices with our clients. We outlined a summary with strategic guidelines to encourage the adoption of commitments by meatpackers, aiming at the traceability of their supply chain and prioritizing: (i) best practices; (ii) use of technological platforms; (iii) public commitments; (iv) action plans until 2025. Within this initiative, we expect the implementation of action plans that will lead to the elimination of zero illegal deforestation throughout the meat chain.
We carried out a diagnosis of the client portfolio with operations in the region and have engaged with clients and industry associations on the topic.

Stimulate zero illegal deforestation in the industry, reinforcing internal diligence, supporting the transition and coordinating companies and associations to create a sectoral commitment.

In progress
We set an initial joint goal, which has already been overcome, of bringing R$100 million in credit to cooperatives and food processors that work with sustainable crops. We have also established partnerships for technical assistance and the development of our own business strategy, and we have been working on refining the concept of sustainable crops to guide our activities in this area over the next few years.

Attract investments that promote partnerships and the development of technologies that drive the bioeconomy.

In progress
At a time when our society is moving towards the transition to a low-carbon economy, Bioeconomy plays a key role in Brazil’s social and economic development. With this focus, in the first year we decided to deepen our support to a project that will identify the reasons for the still low share of Amazon products in the global market and the ways to increase it. Furthermore, in partnership with the other banks in the Amazon Plan and other market players, we launched the Amazon Journey, which will focus on stimulating innovative bioeconomy solutions in the region.

Coordinate and support the implementation of the computerized land title registration system, and map existing laws at state and municipal level and advocacy to the government

In progress
Ongoing In 2021, we received the support of renowned legal firms that, after our invitation, map existing laws that addresses the topic in the states that make up the Amazon Region. The document will serve as a basis for defining the next steps of the Plan and may be used to support discussions among competent entities.