Social and Environmental Responsibility

SIMPAR has the value of growing with sustainability, taking care of its own resources and its stakeholders, including creditors, investors, and the society in general. The Economic, Environmental, Social, and Governance (EESG) dimensions are rooted in the culture of the company and its subsidiaries:

  • Economic: The company values sustainable financial results in the medium- and long-term, based on fair commercial relations and services that really add value to customers. We value the diversification of businesses, segments, and customers, and our management model consists of the independence and autonomy of companies and the establishment of clear goals and objectives.
  • Environmental: We implemented policies and actions aimed at efficiency in the use of all-natural resources in the subsidiaries. We set targets for consumption of electricity and fuel, as well as compensation programs, such as Movida’s Carbon Free program, and monitoring of greenhouse gas (GHG) emissions. We operate in line with the Brazilian Solid Waste Policy and meet the requirements of standard NBR 12,235, which regulates the storage of hazardous solid waste. Waste management is incorporated into the Group’s routine, covering various measures such as the correct disposal of rubber and oil waste, the tire recycling program, and the ongoing awareness of our employees about conscious consumption. We implemented systems for reusing and improving the efficiency of water resources, and send 100% of the lubricating oil to the re-refining process, avoiding its disposal in the environment.
  • Social Since its foundation over 64 years ago, the Group has sought to generate a positive impact by contributing to the development of the communities in which we operate through social programs that have synergy with the business. The Julio Simões Institute was created in 2006 to centralize and enhance the actions and investments in the social area carried out by the founder and his wife since their origin. In addition, the Group has been developing several relevant initiatives such as the Respect for Diversity Program and the partnership with “Movimento Mulher 360”, to promote an inclusive and diverse work environment, ensuring equal opportunities and a culture of respect; the “Ligado em Você” Program focused on the well-being of employees and truck drivers (independent contractors); active participation in Childhood Brasil’s “Na Mão Certa” Program, which seeks to fight against child sexual exploitation; the “Olho na Segurança” Program, aimed at ensuring a healthy and safe environment for employees, third parties and customers; the Supplier Management Program, aimed at evaluating practices adopted before and after the hiring process; actions focusing on the professional and personal development of professional drivers; among other initiatives.
  • Governance: Our Corporate Governance structure is comprised of the Board of Directors, and eight bodies that report directly to it: Financial Committee, Audit Committee, Ethics and Compliance Committee, Sustainability Committee, Internal Audit, Executive Board, and Internal Controls, Risks and Compliance Board. In addition to this complete structure, we emphasize that we are part of B3’s New Market, the highest level of Corporate Governance on the stock exchange, with differentiated participation by independent members representing 40% of the Board of Directors and 100% of the Audit Committee. The directors are chosen based on the search for the complementarity of knowledge and experiences, being crucial a history that demonstrates their ability to contribute to our development through care for our people, relationships with our customers and shareholders, as well as the proper management of our resources, among other factors. We are signatories to the Ethos Institute’s Business Pact for Integrity and Against Corruption, our companies have a solid Compliance Program based on the Clean Company Act and best practices proposed by the Federal Comptroller General (CGU, as its acronym in Portuguese for Controladoria Geral da União), Code of Conduct with principles that guide our relations with the different parties, Reporting Channel with the guarantee of anonymity and investigation of cases and comprehensive Anti-Corruption Policy.

We also highlight our adherence to the UN Global Compact, since 2014, which reinforces our commitment to the ESG dimensions and guides us in directing efforts to contribute to the achievement of the Sustainable Development Goals (SDGs). In 2020, the Group released a comprehensive Integrated Report based on the guidelines of the Global Reporting Initiative (GRI) and the IIRC (International Integrated Reporting Council).

Sustainability Committee

The Group’s Sustainability is applied and monitored by the Sustainability Committees directly linked to the respective Boards of Directors. The Sustainability Policy provides for the implementation of projects with a positive impact in the social, environmental, and governance spheres.

To access the 2021 Integrated Report, click here.

SIMPAR was the first company in its sector in the world to issue a Sustainability-Linked Bond. To access the framework, click here.