Sustainability

Sustainability connected to strategy

Sustainability is a key component of our strategy, contributing to our growth, value creation, and the Company’s long-term success. Accordingly, it is integrated into various processes, such as defining expansion plans and annual business investments.

Sustainability connected to strategy

ESG 2030 Plan

In 2023, we launched the ESG 2030 Plan with ambitions and goals related to the most important sustainability themes. This plan is the result of a process iniciated in 2019, involving working groups comprised of Ultrapar leaders, employees, and business experts. It was developed through a careful process designed to ensure the consistency of our commitments with Ultrapar’s operational history and portfolio.

Get to know our material topics and the goals¹ assumed until 2030:

1 Goals applicable only to Ultrapar, Ultragaz, Ultracargo, and Ipiranga.

Health and Safety

  • Reduce the lost-time accident frequency rate by 50%²
  • Reduce the process accidents rate by 70%³
  • Ensure that employees are supported by health and quality of life programs

2 Lost-time Injury Frequency (LTIF) Rate: number of accidents with lost time x 1,000,000/ hours worked.

3 Process Safety Event (PSE): number of occurrences X 1,000,000/hours worked.

Governance and Integrity

  • Achieve the highest level of integrity culture 4
  • Ensure best practices in corporate governance

Hearts Minds Matrix.

Energy Transition

Eco-efficient operations

Responsibility for the Surrounding Communities

  • IUnvest in initiatives and partnerships that promote high-quality education and higher employment and income in communities surrounding our operations 5

Includes own resources, tax incentives and support for emergency actions.

Value chain

Inclusive Culture and Diversity

  • Achieve 33% gender and ethnic equality on the Board of Directors
  • Achieve 50% gender and ethnic equality in senior management 6
  • Ensure an inclusive environment that is recognized in internal organizational climate surveys

6 Includes management positions and above.

Ratings and Indexes

MSCI ESG Ratings

A Score since April 2024

CDP

B Score in the 2024 Climate Changes questionnaire.

FTSE4Good Index Series

Present on FTSE4Good Emerging Index and FTSE4Good Emerging Latin America Index.

Índice de Sustentabilidade Empresarial

2024 entry into the Index portfolio.

Índice de Carbono Eficiente

Present on the Index portfolio since 2012.

2023 Sustainability Report

As a part of our commitment to transparency and integrity, we annually publish our Sustainability Report, which contains highlights of the year in terms of financial, operational and ESG performance. Access and check out our initiatives and more details on the progress of our sustainability agenda.