Integrated Report 2024
In 2024, we began adapting our Integrated Report to the international IFRS standards for Sustainability Disclosure. We aim to coomunicate how our governance integrates the economic, social and environmental pillars to generate value in a sustainable way and with positive impacts.
Our Report was also prepared in accordance with the GRI Standards for Sustainability Reporting, issued by the Global Reporting Initiative (GRI). The document was submitted to external third-party independent verification, in the context of limited assurance.
The content of our Report has the same scope and coverage that we use to consolidate the financial statements – it considers 100% of the concessions we manage and refers to the period between January 1 and December 31, 2024.
2030 ESG Agenda
The 2030 ESG Agenda - on the Paths to Sustainability is our strategy for investing in Brazil’s road infrastructure in a sustainable way. It has ten paths with defined objectives and targets to guide our projects and action plans.
In 2024, we began implementing the 2030 ESG Agenda by setting up working groups in all sustainability paths.
We also improved our management approach by automating ESG data, through a digital data lake, and the implementation of a dashboard to that brough more agility in monitoring sustainability indicators.
In 2024 we established our Climate Strategy, based on five axes:
- Climate Mitigation
- Adaptation and Resilience
- Climate Governance
- Engagement
- Social and Environmental Development
2024 Highlights
- 21% reduction in scopes 1 and 2 GHG Emissions, compared to the base year (2020)
- 96 electric vehicle charging stations in operation
We conducted a diagnosis that goes deeper into the information gathered for preparing environmental impact studies and existing fauna and flora monitoring plans. Based on this diagnosis, in 2025 we will structure a strategic plan based on three thematic areas:
- Mitigation
- Environmental Awareness
- Ecological Restoration and Conservation
20024 Highlights
- Identification and mapping of critical and pririty areas for biodiversity conservation
- 1,680 hectares planted or preserved since 1999
In 2024, we consolidated our Solid Waste Management Plan (PGRS), which reinforces good practices already carried out by the units and standardizes procedures for controlling the generation, storage and disposal of different types of waste.
2024 Highlight
- 93% of waste was reused or recycled
In 2024, we launched Safety Always program, with action plans developed on three pillars:
- Human Development
- Behavioral Transformation
- Communication
In the context of road safety, our targets are in line with the parameters set by the United Nations (UN) for the Second Decade of Action for Road Safety 2021-2030.
2024 Highlights
- 9% reduction in the fatal accident rate on highways
- 23% reduction in the frequency rate of accidents with lost time
In 2024, we mapped and established six competencies so that our employees are ready to respond to the new challenges of the highway concessions sector. The development of competencies in our management is reflected in the modernization of the processes for attracting and hiring new professionals, training and empowering employees, evaluating performance and mapping potential successors for leadership positions.
On the diversity, equity and inclusion front, our actions are coordinated within the framework of the Path for All program.
2024 Highlights
- 32% of leadership positions held by women
- 28% of leadership positions held by black people
- 32.1 hours of training per employee
By investing in concessions, we make it easier for people to get around in the surrounding communities, we contribute to increased economic activity and tourism, and we boost job creation and local economic development. Our management is focused on maximizing these benefits and transforming them into a legacy for society.
2024 Highlight
- Development of the Relational Database, a digital tool for data collection and strategic direction of socio-environmental investments
Our Ethics Program is certified according to ISO 37001, attesting that our management mechanisms meet the highest anti-corruption and anti-bribery standards. We make the Ethics Channel available to all stakeholders for receiving complaints and reporting cases that violate ethical principles, our values and the Code of Conduct or legislation.
Directed by the Guiding Principles on Business and Human Rights, drawn up by the UN, we approved our Human Rights Policy and started a project to map potential risks of human rights violations.
2024 Highlights
- 99% of employees trained in business ethics
- Training meetings on human rights for leaders and employees
- 37% of strategic suppliers trained on the topic of human rights and companies
In 2024, we began implementing a platform (SupplHI) to expand our model for evaluating the performance of our strategic suppliers, taking into account ESG (social, environmental and corporate governance) criteria. A special module was added to the system to collect information and make it possible to measure the greenhouse gas emissions associated with the activities of construction service providers.
2024 Highlight
- 121 suppliers invited to the pilot project to assess ESG aspects in the supply chain
Our management strategy encompasses prevention, detection and mitigation actions, with the aim of preventing cyber-attacks from occurring and, in the event of the risk materializing, ensuring that systems can be restored as quickly as possible, without the loss of digitally stored data and information.
We also continually strengthen communication campaigns and training to inform employees about cyber risks and promote a culture of digital security.
2024 Highlight
- 99% of employees trained in cybersecurity and data protection
Innovation and digital transformation are pillars that underpin our Company’s growth, competitiveness, relevance and sustainability. In 2024, our concessions put into operation two innovations aligned with the smart roads vision and which will transform the operating model of road concessions in Brazil: Multi-Lane Free Flow system (electronic tolling) and HS-WIM – High Speed Weight in Motion (weighing system for vehicles in motion).
2024 Highlights
- Ecovias Noroeste Paulista became the first state concession in São Paulo to operate Free Flow
- Ecovias Cerrado pioneered the instalation of HS-WIM
ESG Management
The management of social, environmental, economic and corporate governance risks, opportunities and impacts is fully integrated into our Company’s strategic planning and decision-making processes.
Monitoring of projects and initiatives established to achieve the goals and target we defined in the 2030 ESG Agenda is carried out monthly by the Integrated Group of ESG Leaders. The Sustainability Commission, which includes the CEO and other Company directors, holds quarterly meetings to discuss and evaluate the results.
Our business
With 12 highway concessionaires, a logistics platform and a port asset in its portfolio, we are the leading operator of highways in the country. We manage 4.8 thousand kilometers of roads in eight Brazilian states, with operational excellence, efficient cost management and compliance with deadlines and schedules.
In November 2024, we strengthened our presence in the country with the conquest of Ecovias Raposo Castello, made up of 92 kilometers of state highways auctioned off by the São Paulo government. This is our fourth concession in São Paulo.
Our purpose
In March, we announced our new purpose: To enable paths never before imagined. More than being just a sentence, this statement reflects who we are today and how we want to be recognized – a Company that combines innovation, sustainability, safety, and technical excellence to generate a positive impact.
Our purpose inspired and guided the renewal of our brand. Now, all of our 12 highway concessionaires are now called “Ecovias”, integrating the largest highway system in Brazil under one name.
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