Suzano SA

Suzano has implemented a clear governance structure to guide both its direct and indirect climate-related policy engagement, backed by an explicit "public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement." Internally, it "create[s] a Working Group focused on Climate Engagement and Influence with meetings every two months," comprising executive members from Sustainability, Corporate Affairs, Legal, New Business, Carbon Business and Corporate Venture, and Communication, which monitors the voluntary and regulated carbon market, national and international events, methodology for emissions and removals, world climate trends and legal carbon mechanisms. Suzano has also "been historically involved in the formulation of public policies and regulatory frameworks to ensure that the association's activities are in line with the objectives of the Paris Agreement" and "acts through associations (such as Global Compact, WBCSD Brazilian Chapter, Coalizão) to best strive and promote a healthy political-institutional environment," demonstrating alignment of its indirect lobbying. Climate matters and the overarching strategy for engagement are "supervised by the company's senior leadership through the Board of Directors and the Sustainability Committee," which is responsible for defining and monitoring the climate change management strategy, reflecting a formal oversight body. However, we found no evidence of a dedicated audit or third-party report evaluating the alignment of its lobbying activities, nor a detailed mechanism for reviewing or exiting association memberships whose positions may conflict with its climate goals.