Pressure from the private sector has made the federal government change its approach to the environmental issue, says Suzano’s president, Walter Schalka. “The numbers are clear: deforestation has increased in 2019 and 2020 and we need to go back to pre-2012 levels. This will generate credibility to Brazil and a high volume of investments”. In the Schalka’s perspective, carbon credits should bring $10 bn every year to the economy.
BYD announced the beginning of operations of its iron-lithium phosphate battery plant, located in the Manaus Industrial Complex (PIM), in Amazonas. The plant has a production capacity of up to 1,000 batteries per year. The initial quantity of 272 units are projected to be delivered by November. The Company has invested R$15 million ($2.7 mm) in the new plant, which will initially serve the assembly of electric buses.
$1.8 mm were invested on the launch of the brand Viva, including on researches, property certification and brand construction, according to Marfrig. The new carbon neutral bovine meat line, initially will be distributed only in Brazil. The initiative was developed in partnership with the Brazilian Agricultural Research Company (Embrapa), said the company.
The government of Minas Gerais, the Public Prosecutor’s Office and the Federal Attorney General’s Office, have petitioned the courts to block up to R$26.68 billion ($4.7 bn) in Vale’s accounts for socioeconomic damages caused by the deadly rupture of a company dam in Brumadinho in 2019.
The three major private banks in Brazil, Itaú Unibanco, Bradesco and Santander announced the establishment of the Amazon advisory board and have already selected its seven members. According to a statement, sustainability experts from the three financial institutions have already formed a working group, which has met regularly to propose concrete initiatives and actions for the Amazon region.
The demand for drinking water in Brazil may increase by almost 80% by 2040 in face of economic, demographic and climate changes. Considering only the economic and demographic growth of the coming years, Brazilians should demand 14.3 billion cubic meters of water in 2040. This figure is 43.5% higher than the amount of water that was delivered to the population in 2017.
The bioelectricity offer by the sugar-energy sector to the National Integrated System (SIN) grew 5% in the first half of this year. According to the bioelectricity survey released by the Brazilian Sugarcane Industry Association (UNICA), it is estimated that the generation of 8,400 GWh of renewable energy has avoided the emission of 2.8 million tons of CO2. To have a similar effect it would be necessary to cultivate more than 20 million native trees over 20 years.
The retail sector counted on the closure of 135,200 stores in the second quarter, due to the crisis caused by the pandemic, according to the National Confederation of Commerce of Goods and Services (CNC). The CNC reports, the negative balance in the second quarter is equivalent to 10% of the number of commercial establishments observed before the pandemic.
The French electric company Voltalia announced a contract that contemplates the development, construction and operation of a wind farm in Brazil that will supply all the production to the Japanese multinational TODA. The construction of the undertaking in Rio Grande do Norte, with about 28 mw in capacity. The wind farm will be installed, with total potential to accommodate projects with up to 2.4 gw in capacity.
Natura and The Body Shop have launched a reverse logistic program on their stores. At each five empty brands packaging, the clients receive a new product. The program is a Natura &CO investment and does not generate revenue for the group. The company states that this reverse logistics process is another way of engaging the consumer in the values (ESG) of the company, without the focus of generating direct revenue.