For the seventh consecutive year, Fibria was selected as a component of the Corporate Sustainability Index (ISE) of the BM&FBovespa, which reflects its firm commitment to practices that balance financial performance, sustainability and corporate governance. Fibria was included in the ISE portfolio for 2016, which will be valid from January 4 to December 29, 2016.
Developed in partnership with the Center for Sustainability Studies (GVces) of the Getúlio Vargas Foundation (FGV), the ISE is formed by the 35 best companies from a corporate sustainability standpoint and assesses how effectively they balance economic growth, social responsibility and environmental performance. According to the BM&FBovespa, the new portfolio is formed by corporations from 16 industries with combined market capitalization of R$960.52 billion, which corresponds to 44.75% of the total market capitalization of companies with stock listed on the exchange at the close of trading on Nov. 24, 2015.
“For Fibria, sustainability is a business principle and we are very satisfied to have been selected as an ISE component stock for the seventh straight year. It represents the market's recognition of Fibria's good practices in finance, governance and sustainability. It also shows that we remain firmly on the path of developing our forestry business responsibly, while generating "admired profit" and sharing value with society,” said Guilherme Cavalcanti, Fibria's Chief Financial and Investor Relations Officer.
In addition to the ISE, Fibria was also selected as a component stock for 2015-2016 of the Dow Jones Sustainability™ Emerging Markets Index, which is a global reference in sustainability stock indexes.
“Fibria's commitment to using natural resources efficiently and social engagement is intrinsically linked to its strategy, which was born from the mission to develop the forestry business as a sustainable source of life and to create value in a way that is responsible, shared and inclusive,” said Maria Luiza de Oliveira Pinto e Paiva, director of Sustainability, Communication and Corporate Affairs at Fibria.
This year, Fibria also received the Sustainable Standard-Setter Award from the Rainforest Alliance, an independent non-governmental organization that defends a global system for forestry product certification and works to conserve biodiversity, ensure sustainable means of subsistence and transform land-use practices.
About Fibria
The world leader in eucalyptus pulp production, Fibria is a company that strives to meet the growing global demand for forestry products in a sustainable manner. With annual pulp production capacity of 5.3 million tons, the company has industrial units in the cities of Aracruz (Espírito Santo), Jacareí (São Paulo) and Três Lagoas (Mato Grosso do Sul), and in Eunápolis (Bahia), where it operates the Veracel plant through a joint-operation with Stora Enso. Fibria has 967,000 hectares of forests, with 563,000 hectares of planted forests and 343,000 hectares of environmental preservation and conservation areas. The pulp manufactured by Fibria is exported to more than 40 countries. In May 2015, Fibria announced the expansion of its Três Lagoas unit, which will receive a new line with the capacity to produce 1.75 million tons of pulp per year.