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FEATURED REPORT – VOTORANTIM INDUSTRIAL
05 August 2015
Votorantim Feat Report
​Votorantim Industrial, a Brazilian company active in 19 countries, has been producing sustainability reports for the last five years and is constantly striving to improve its reporting processes. The company operates in various sectors including Cement, Metals, Steel, Energy, Pulp, and Agribusiness. Take a look at their approach to sustainability reporting, and the sound advice they give to newcomers.

What are the material topics covered in your report, and how did you determine them?
We reflected on our last materiality assessment to construct the Votorantim DNA, a document that reaffirms our commitment to sustainability and establishes the governance and management principles that guide the holding and its industrial subsidiaries. In this process, five management sustainability practices were defined, with a twofold objective of ensuring that the issues important to our strategic stakeholders were aligned to our management approach, and that material topics were strategically allocated in the framework. These include: occupational health and safety, eco-efficiency and the responsible use of resources, greenhouse gas (GHG) emissions from industrial activities, management of environmental risks, licenses and obligations, and supply chain among others.

Who are the main readers of your sustainability reports?
Our key readers are our shareholders, clients, investors, and business partners. In addition, our employees and NGOs – either the ones working with us, or the ones who work in the areas in which we operate – also read our reports. We know this from feedback from our readers, direct contact with key clients and investors, paperback distribution, and data collection on our website.

How many reports have you published? How has your reporting process changed over the years?
This is our fifth report. The company has changed its market positioning and now Votorantim Industrial has delegated its operational responsibilities to its industrial subsidiaries and has taken on a more strategic role of portfolio management. Votorantim Industrial’s subsidiaries began to publish their own reports in 2015, which allows Votorantim Industrial to give more emphasis to strategic information, focusing on more strategic stakeholders such as shareholders, investors, stock and financial markets. Consequently, our new report reflects exactly those two changes.

What are your recommendations to organizations that are developing their first sustainability report?
The identification of material topics is the crucial first step for newcomers to reporting. This has entirely transformed the way we create and use sustainability reports. It allows for the careful identification of stakeholders core to your business and the analysis of what is economically, environmentally and socially significant given your business reality. Don’t start with what kind of data you have, start with materiality, and only materiality!

To find out more about Votorantim Industrial and its sustainability reporting practices visit its Profile Page on the GRI website. 
 
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GRI’s Featured Reports Service enables organizations from around the world to showcase their GRI sustainability reports. In July, six organizations announced its reports through the Featured Reports Service. Follow the links below to find out more about the organizations and its GRI reporting practices and sustainability initiatives. 
 
Emirates Transport - Logistics (United Arab Emirates)
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Arçelik - Consumer Durables (Turkey)
UPS – Logistics (USA)
 
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