1
2015 | Braskem | Annual Report SUMMARY
MESSAGE FROM THE BUSINESS LEADER ........................ 3
PROFILE ................................................................................... 7
MARKETS AND NEW FRONTS ............................................ 11
CORPORATE GOVERNANCE .............................................. 22
SUSTAINABLE DEVELOPMENT .......................................... 31
FINANCIAL PERFORMANCE .............................................. 36
PEOPLE AND PROCESSES ................................................. 47
MORE SUSTAINABLE PRODUCTS .................................... 82
SOLUTIONS FOR SOCIETY ................................................. 97
VOLUNTARY COMMITMENTS ........................................... 115
CONTENT INDEX ................................................................. 121
GLOSSARY .......................................................................... 136
APPENDIX ........................................................................... 139
MESSAGE FROM THE
ENTREPRENEURIAL
LEADER
G4•1 | G4•2 | GLOBAL COMPACT • PRINCIPLE 1
Based on a solid international-
pressures that strongly impacted
R$ 2.89 billion and financial
ization strategy in the Americas,
consumption of
families and
leverage, measured by the ratio
pursued in recent years, and
investments in production.
between net debt and EBITDA, in
the search for competitiveness
dollars, closed the year at 1.91x,
throughout the entire chemical
This weak performance of the
the lowest level in nine years. Net
and petrochemical chain, Braskem
Brazilian
economy negatively
revenue totaled R$ 47.3 billion, up
has consolidated its position as a
affected local demand for resins
3%. Of Braskem's total revenue,
global player in the sector - an
(PE, PP, and PVC), contributing
the foreign market accounted for
instrumental condition to ensure
to a 7.6 percent downturn in the
43 percent.
the perpetuity of its operations,
domestic market compared with
overcoming
turbulent econom-
2014, totaling 4.9 million tons.
The average
rate
for
the
ic cycles such as the one we are
During the year, Braskem's market
occupation of crackers in 2015
experiencing.
share grew one percentage
was 89%,
three percentage
point, and company sales totaled
points above the previous year,
We have undergone a period
3.4 million
tons, six percent
reflecting a good operational
of uncertainty in the political
below 2014, albeit less than the
performance of the company
and economic scenario, both
retraction of the market. To offset
with a record production in the
domestically and internationally.
this reduction in the domestic
basic petrochemicals unit. If
The deceleration of the Chinese
market, Braskem geared part of
it were not for the insufficient
economy was higher than expected
its production to foreign markets
supply of raw materials to the
and affected the imbalance in
and
increased
its exports of
Rio de Janeiro Complex, the
different markets, most notably
resins by 28 percent and of basic
operation rate for the year would
in emerging economies with a
petrochemicals by one percent.
have closed at 92%. In the
higher dependency on the trade
USA and Europe, the average
flow with China, such as the case
Thanks to the good operating
activity rate for the industrial
for Brazil. This context, coupled
performance of its plants, to
polypropylene (PP) units was
with historical bottlenecks of
larger sales by its operations in
98%, six percentage points
the so-called "Brazil cost", and
the United States and Europe,
above 2014.
aggravated by
a prolonged
to
the
increase
in exports,
political-institutional crisis, has
coupled with the positive effect
Regarding
strategic projects,
been deleterious to the growth
of the exchange rate and the
it
is
important
to note
the
of the Brazilian economy. Proof
international
spreads
in
the
final
construction phase of
of this was the drop of the Gross
petrochemical sector, Braskem
the petrochemical complex in
Domestic Product (GDP) by 3.5
recorded strong results in 2015.
Mexico, the Company's largest
percent in 2015, compared with
The company posted a record
investment, together with the
2014 - the worst performance
EBITDA of R$ 9.37 billion in the
Mexican group Idesa, totaling
in 25 years, followed by a hike
year, 67 percent above 2014. In
USD 5.2 billion. In 2015, the
in interest rates and inflation
the period, net profit reached
number of workers on
the
4
2015 | Braskem | Annual Report project peaked at 17,000 with
With regard to its commitment
conditions
required
to ensure
a minimal injury rate - 0.41 per
to sustainable development and
competitiveness of the chemical
million man-hours. Such level
as a signatory to the UN Global
and petrochemical
industries,
of excellence was recognized
Compact, Braskem's commitments
Braskem decided
that signing
by
the DuPont Safety and
also brought significant internal
this contract was important to
Sustainability Awards as a global
and external achievements
in
reduce
the uncertainties
that
highlight in the Industrial Safety
2015. The company advanced in
haunt the industry. The decision
category. The project provides
several actions that resulted in
could help prevent the shutdown
a significant diversity in raw
record results in all eco-efficiency
of petrochemical plants during
materials and geography to the
indicators and was chosen the
this difficult period for the industry
Company's asset portfolio, with
best company by CDP Brazil
and the Brazilian economy. On
a production capacity of 1.05
(Carbon Disclosure Project) in the
the other hand, the Company
million tons of polyethylene (PE)
transparency category. Also, we
secured an extension of its energy
produced from ethane supplied
were included in the 11th portfolio
contracts at fair and long-term
by PEMEX.
of BM&F BOVESPA’s Corporate
costs (up to 2037) for its most
Sustainability
Index
(ISE),
in
energy-intensive units
in
the
Throughout the year, Braskem
the Dow Jones Sustainability
Northeastern region, securing the
brought important contributions
Emerging Markets Index for the
necessary supply from the electric
to the development of products
fourth consecutive time, and in
utility
company,
Companhia
for its Clients including more
BM&FBOVESPA’s Carbon Efficient
Hidrelétrica do São Francisco
resistant bags for cement and
Index portfolio (ICO2), for the
(Chesf).
concrete, with an additional layer
fifth successive time. Regarding
to ensure the conservation of the
innovation,
the Company was
It is also worth noting the adoption
product against humidity, thereby
recognized
through a survey
of a successful program to reduce
reducing
losses. There were
published
by
the
Brazilian
fixed costs, which generated
also advances in the application
newspaper
Valor
Econômico
savings of R$ 156 million in its
of polyethylene in agriculture,
journal
and
the
consulting
first year of implementation. The
recognizing the advantages of
company Strategy& as the fourth
program – which focuses on 11
using plastic film to cover soil
most
innovative
company
in
work fronts and has the potential
(mulching) in coffee and citric
Brazil.
fruit crops, which reduces water
to save up to R$ 400 million
per year on a recurring basis
consumption
and
increases
After almost
three years of
–should be
fully acomplished
productivity
in the
fields. In
negotiations, Braskem
signed
in 2017. Regarding safety, the
partnership with the coffee shop
a new contract with Petrobras
accident rate with and without
network Starbucks, the WeCycle
to supply a volume of seven
lost time, including Members and
platform was launched seeking to
million tons per year of naphtha
partners, was 0.68 per million
value recycling of plastic waste in
for five years. Although the new
hours worked, the best result in
different sectors of the economy.
contract does not fully reflect the
Braskem’s history.
5
2015 | Braskem | Annual Report OUTLOOK FOR 2016
The challenges of the 2015
maintenance of its financial
commitment to growth, acting
macroeconomic agenda remain
health and cost discipline.
proactively to create value for
ongoing
throughout
2016.
its Clients, Shareholders, and
In Brazil, it is expected that
Additionally,
it
is
important
society as a whole. These are
the economy will continue
to highlight in 2016 the start
aspects
that will contribute
retracting while growth
is
of operations of the Complex
to maintaining the soundness
expected for the United States,
in Mexico. Throughout
the
of the company and to face
Mexico and Europe. About the
year, the activity curve should
turbulence of different natures
dynamics of the oil market,
increase more steeply after
in Brazil and the world.
there is a perspective for excess
the second half of the year. In
supply, a positive aspect for the
the strategy for diversification
Finally,
I
reiterate
the
competitiveness of naphtha-
of raw material, the Company
acknowledgement to Braskem’s
based petrochemical players.
will begin
the project
that
teams and Shareholders, for their
will enable importing ethane
support in the materialization
In
this context, Braskem's
from the United States to the
of
the Company's
strategic
strategy
remains based on
Camaçari complex,
in Bahia,
projects. To our Investors for
diversification of
the
raw
adapting part of the cracker
the trust they have placed on us.
material
and
geographic
to operate using both gas and
And to our Clients, with whom
matrix; on strengthening the
naphtha.
relationship with its Clients;
we have established a long-
standing partnership. Together
on the development of the
True to its belief and purpose
we can strengthen the value
Brazilian petrochemical and
to improve the lives of people
chain of chemicals and plastics,
plastics chain; and on
the
by seeking sustainable solutions
the inspiration that invigorates
quest for operational efficiency
through chemicals and plastics,
and motivates us to face the
– without
neglecting
the
Braskem will continue with its
challenges of today.
Fernando Musa
Entrepreneurial Leader
6
2015 | Braskem | Annual Report PROFILE
G4•3 | G4•4 | G4•5 | G4•6 | G4•7 | G4•8 | G4•9 | G4•17
With global presence, Braskem works to ensure that
chemicals and plastics contribute in creating sustainable
solutions that help improve the quality of life and people.
Who
we are
Braskem is the largest producer
which translates into competitive
development of petrochemical
of
thermoplastic
resins
advantages, such as production
and plastic chains, on the quest
(polyethylene,
polypropylene
scale and operational efficiency.
for operational efficiency and
and
polyvinyl
chloride)
in
geographic diversification, as well
the Americas and
the sixth
Founded in August 2002 through
as on maintaining its financial
largest petrochemical Company
the integration of six companies1
soundness and discipline
in
in
the world, with annual
of the Odebrecht Organization
costs. To this end, the Company
production of 16 million tons,
and Mariani Group, Braskem2 is
is committed
to continuously
including chemicals and basic
headquartered in São Paulo and
investing
in Research
and
petrochemicals,
such
as
has production units in Brazil,
Development (R&D), supported
ethylene, propylene, butadiene
the United States, Germany and
by
two
Innovation
and
and others. It is also the world's
Mexico, in the latter through a
Technology Centers, with an
largest producer of biopolymers,
joint venture with the Mexican
integrated and complementary
with annual capacity of 200,000
company Idesa.
tons of Green Plastic
I'm
operation profile,
located
in
Triunfo, Rio Grande do Sul
greenTM, polyethylene produced
In addition to the diverse matrix
(Brazil)
and
in
Pittsburgh,
from 100%
renewable sugar
of
raw materials,
including
Pennsylvania (USA).
cane ethanol.
renewable raw materials, and
the creation of new sustainable
With worldwide
operations,
Braskem is the only integrated
plastic
solutions,
Braskem's
Braskem has Clients in over 70
petrochemical
Company
of
growth strategy
is based on
countries, served by 16 regional
first and
second generation
strengthening
the
relationship
offices located in the world's
thermoplastic resins in Brazil,
with
its
Clients,
on
the
main economic centers.
1 Copene, OPP, Trikem, Proppet, Nitrocarbono e Polialden.
2 To identify entities included in the consolidated financial statements and entities not covered in the report, there are references to the
financial statements of the holding company, which were developed according to accounting practices adopted in Brazil, pursuant to the
provisions in Law No. 6.404/76 (Brazilian Corporate Law), and subsequent amendments, as well as standards issued by the CPC and in
accordance with as IFRS (International Financial Reporting Standards) issued by IASB, and which are being published together with the
consolidated financial statements.
8
2015 | Braskem | Annual Report BRASKEM IN FIGURES
40 INDUSTRIAL UNITS
29 in Brazil, five in the United
States, four in Mexico, and two
in Germany
16 MILLION TONS/YEAR
of thermoplastic resins and
other chemical and
petrochemical products
7,995 TEAM MEMBERS
worldwide
R$ 54 BILLION
of Annual revenue
R$ 9.4 BILLION
in EBITDA3 in 2015
R$ 280 MILLION
in spending on Innovation
and Technology in 2015
ODEBRECHT ENTREPRENEURIAL
TECHNOLOGY – TEO
G4•56 | GLOBAL COMPACT• PRINCIPLE 10
Braskem follows a corporate culture
by the Odebrecht Organization,
Assets, promote effectiveness and
common to all of its operations:
and defined based on the beliefs of
clarity
in
interactions between
Odebrecht
Entrepreneurial
its founder, Norberto Odebrecht.
Leaders and the Led, and seek
Technology
(TEO), a set of
These principles establish ethical
principles, concepts, and criteria
values that make up the essence
to
of
ensure
the
consistency
corporate
conduct
in
its
shared by all Companies controlled
of the Shareholders' Intangible
various Businesses.
Fundamental Principles of TEO
• Trust
in People,
in
their
• Partnership among Team
• Reinvestment of Results,
capacity and desire to progress.
Members, who participate in
in order to create new job
• Client Satisfaction, by serving
planning and implementation of
opportunities and contribute to
with an emphasis on quality,
the work, and the results that it
developing communities.
productivity, and social and
generates.
economic responsibility.
• Self-development of People,
• Return
to Shareholders
especially by means of Education
and
valuing
their
equity.
through Work, ensuring the
Survival, Growth, and Perpetuity
of the Organization.
3 Earnings before interest, taxes, depreciation and amortization.
9
2015 | Braskem | Annual Report
TEO Portal
Aiming
to
contribute
to
Its
content
includes excerpts
Fundamental to the process of
disseminating
the
culture's
from
the
books
Sobreviver,
integrating new professionals, in
concepts and principles, the TEO
Crescer e Perpetuar
(Survival,
2015, the TEO Portal had over
Portal was launched three years
Growth, and Perpetuity), written
11,000 views, and browsing analysis
ago, which includes articles, videos
by Norberto Odebrecht, learning
demonstrated
that many Team
of Leaders, and excerpts from
tools about the culture that are
Members return to access the vast
references in the original books
continuously used by Learders
content available in Portuguese,
written by Norberto Odebrecht.
in
face-to-face
communication.
English, German, and Spanish.
Learn more at:
Braskem > Principles and Values
Memory Portal: a new platform
for the Company's historical records
Aiming
to preserve corporate
images, videos, advertisements,
17,000 archives. The purpose of
memory,
in
2012, Braskem
and other countless pieces that
the platform is to concentrate
began a permanent historical
bring back the history of the
historical material from the entire
heritage management program.
Company, and of its acquired
Company and continue increasing
The process of collecting and
businesses, over the years, and
its total archives. To encourage
organizing the archives carried
consequently, a significant portion
constant recording of historical
out over three years culminated
of the history of the Brazilian
moments
and
establish
a
in the launch of the Memory
petrochemical industry.
collaborative dynamic, there is a
Portal in December 2015.
Between Brazilian petrochemical
tool allowing the Team Members
This platform, in four languages
records and records of Braskem's
to contribute via the Memory
(Portuguese, English, German,
important achievements, such
Portal, a platform with access
and Spanish), makes digital
as opening the green ethylene
restricted
to
the Company's
archives
available
to Team
production plant, the Memory
internal audience.
Members in the form of text,
Portal
currently
joins
over
10
2015 | Braskem | Annual Report MARKETS AND
NEW FRONTS
Braskem is the only integrated petrochemical Company in
Brazil, and the largest in the Americas, that produces first
and second generation thermoplastic resin. The Company is
also the largest producer of polypropylene in North America
and the global leader in the production of biopolymers.
The Chemical and
Petrochemical
Industry
G4•2
From
footwear
to packaging
materials with high value added
Thermoplastic resins (PE, PP,
for food and electronic devices,
with several applications in the
and PVC) are commodities sold
today
it
is difficult
to
find
plastics transformation industry
in global markets. The prices of
consumer goods
in modern
for manufacturing products that
these resins are influenced by
society that do not use materials
reach end consumers.
global macroeconomic factors,
produced by the chemical and
and formulated based on the cost
petrochemical industry.
Because
it
involves complex
of raw materials, demand trends
production
processes
in the sectors that use these
The
first generation of
the
at
different
stages,
the
resins, and the cost of transport.
chemical
and
petrochemical
petrochemical industry depends
With this, the profitability of
industry is formed by companies
on the application of intensive
companies manufacturing these
that use raw materials such as
capital, which is only justified
products is evaluated according
naphtha, a by-product of oil
by increasing gains in scale.
to the concept of “spread” (the
refining, and natural gas to be
This is a characteristic that,
difference between the price of
manufactured into basic chemical
beginning
in 1990,
led
to
the resin and the cost of the base
inputs,
such
as
ethylene,
the formation of large global
raw material for production),
propylene, and butadiene. The
conglomerates such as Braskem,
which on a larger scale are
second generation of the chain
the Brazilian representative in
mainly naphtha or natural gas,
involves the production process
the international industry, and
inputs priced according to the
for
thermoplastic
resins
-
the sixth largest petrochemical
behavior of prices of barrels of
polyethylene (PE), polypropylene
Company
in
the world
in
oil sold in the global market.
(PP), polyvinyl chloride (PVC) –
production capacity.
12
2015 | Braskem | Annual Report spreads
1000
800
600
400
200
0
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
spreads
Based on the chart above, 2002
highlighting the period beginning
continued at healthy levels, but
represented
the end of
the
at the end of 2008, when the
low cycle in which the lowest
global
economic
downturn
spreads for resins were recorded
affected the profitability of the
in recent years and, from this
petrochemical
industry
and
date,
the high petrochemical
demonstrated
recovery
after
cycle was initiated, with spreads
the second quarter of 2009.
at levels lower than in 2014.
The expectation is that by 2017
and 2018, with the entry of new
production capacity for ethylene
in the world, the petrochemical
reaching over US$500.00 per
More
recently,
in
2015,
spreads will continue to drop.
ton. Additionally,
it
is worth
the
petrochemical
spreads
220,000
180,000
140,000
100,000
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Production
Domestic Demand
Capacity
13
2015 | Braskem | Annual Report
Business
Model
INTEGRATED OPERATION IN THE
PETROCHEMICAL CHAIN
G4•EC8
Braskem is the only petrochemical
manufacturing thermoplastic resins
of hydrocarbon chains that enable
Company in Brazil with a business
(PE, PP, and PVC), sold to Clients
the production of petrochemical
model that integrates first and
on the chain's third generation,
products.
In
this
context,
second-generation
operations,
formed by plastic converters.
integrating first and
second-
producing basic chemical inputs
generation operations guarantees
such as ethylene and propylene
The
structure
of Braskem's
competitive advantages, such as
from naphtha, natural gas, and
operation
requires
investment
production scale and operational
ethane. These compounds are
fundamental
for
the
second
in
as
intensive
capital
such
efficiency, which are strategies
crackers
responsible
for
for
the Company's
growth
generation,
which
involves
separation processes (cracking)
and continuity.
14
2015 | Braskem | Annual Report BELIEF: PLASTIC AND CHEMICALS MAKE LIFE BETTER
PURPOSE: IMPROVE PEOPLE’S LIVES BY CREATING SUSTAINABLE
SOLUTIONS THROUGH CHEMICALS AND PLASTICS
INPUTS
SEGMENTS/PRODUCTS
MARKET AND SOCIETY
A
H
T
H
P
A
N
S
A
G
L
A
R
U
T
A
N
L
O
N
A
H
T
E
100%
68%
50%
0%
100%
50%
31%
0%
100%
50%
1%
0%
FOOD
PACKAGING
CONSTRUCTION
INDUSTRIAL
INDUSTRIAL
BASIC PETROCHEMICALS
(1ST GENERATION)
RETAIL
4
5
3
POLYMERS
(2ND GENERATION)
AUTOMOTIVE
HYGIENE
AND CLEANING
OTHER
CONSUMER
GOODS
AGRIBUSINESS
27%
16%
11%
9%
9%
8%
8%
7%
5%
BIOPOLYMERS
MARKET
SHARE
67%
SOCIAL
INVESTMENT
AND COMMUNITY
INNOVATION: DELEVOPMENT OF
PRODUCTS AND APPLICATIONS
Non-renewable
resources
Waste
Health and safety
Post-consumption
Free competition
Local suppliers
Product development – environmental
Social investment and community
Development of social products
Water
Energy and climate change
Air
Safe use of products
Economic performance
Public policy
Local workforce
Transparency and ethics
Material Aspects: Environmental Economic and governance Social
15
S
T
C
A
P
M
I
N
I
A
M
)
s
t
c
e
p
s
a
l
a
i
r
e
t
a
M
(
2015 | Braskem | Annual Report
BUSINESS PILLARS
Braskem's operations are guided
perpetuate are key words for the
its eye on internationalization, the
by pillars that direct its growth
development of a Company focused
sustainability of its operations, and
strategy. Survive, grow,
and
on the Client and the market, with
product and process innovation.
Strategic Pillars
Survive
Grow
Perpetuate
•
Focus on the Client and
• Geographic diversity
the market
•
Serve the Brazilian market
•
Competitive raw
• Renewable chemicals
material and energy
•
Productivity and
operational efficiency
•
•
•
Skills and technology
People and organization
Sustainability and
innovation
16
2015 | Braskem | Annual Report Survive: protecting value
Based on these guidelines, the
changing and strengthening the
in the Americas, with entry in the
Company
invests
in different
petrochemical chain (first, second,
Braskem Idesa operation, and
initiatives adopted to guarantee
and third generations). Beginning
several investments in the units
protection of value for Shareholders
with a strong partnership with
in the United States. However, a
and mitigate risk factors, among
Clients, when developing new
growth project cannot be carried
them dependence on the input
projects such as the search for
out without special attention to
matrix, naphtha, the challenge of
innovation - its strategy is also
sustainable development and a
competitiveness of the Brazilian
driven by the search for more
strong commitment to the health
industry,
the water
shortage,
efficient raw materials that reflect
and safety of its Team Members
lack of adequate post-consumer
on productivity, bring results, and
and the communities in which the
solutions, and attacks on image
generate an increase in operational
Company operates. Therefore,
and reputation.
profitability and cost management.
Braskem places among its pillars
With
focus
on
structured
the concern for the development
operations in each of the strategic
This work, focused on business
of a chemical based on renewable
pillars, Braskem recognizes the
continuity, increasingly consolidates
sources of raw material, 100%
importance of training its staff to
the Company
in
the Brazilian
recycled plastics, and technology
support the Client when building
market and strengthens the path
that helps reduce consumption and
competitive
business,
and
to internationalization – especially
preserve natural resources.
Grow and
Perpetuate:
creating
value
Aligned with
the
global
governance
agenda
for
sustainable
development,
Braskem seeks
to grow by
creating value for Shareholders
and gains in competitiveness
obtained through new, more
efficient
industrial processes
based on renewable sources.
Growth Drivers
BRAZIL
•
Commitment to supplying the growing domestic demand
for thermoplastic resins, seeking to add value to already
existing currents.
•
Strategically well positioned to grasp future availability
of raw material.
•
Commitment to competitiveness and the development
of the Brazilian petrochemical and plastics chain.
•
Expand with future availability of raw material.
• Diversification of raw materials.
INTERNATIONALIZATION
•
•
Broaden presence in countries with competitive raw material.
Be a preferred partner for the development of the Latin
American petrochemical industry.
SUSTAINABLE CHEMICALS
•
Capture the advantages of Brazilian ethanol and bring.
innovative solutions that guarantee the chain's sustainability.
• Develop new paths to growth through the use of renewable
raw material.
17
2015 | Braskem | Annual Report BRASKEM IN THE WORLD
PITTSBURGH
MEXICO
NETHERLANDS
GERMANY
Wesseling (1)
Schkopau (1)
UNITED STATES
West Virginia (1)
Texas (3)
Pennsylvania (1)
MÉXICO
Braskem Idesa
Petrochemical Complex,
located in Nanchital, in the
state of Veracruz.
VENEZUELA
COLOMBIA
PERU
CHILE
TRIUNFO
ARGENTINA
INDUSTRIAL UNITS
BASIC PETROCHEMICALS:
Camaçari (BA)
Duque de Caxias (RJ)
Mauá (SP)
Triunfo (RS)
PVC AND SODA:
Maceió (AL)
Marechal Deodoro (AL)
Camaçari (BA)
POLYETHYLENE (PE)
Cubatão (SP)
Santo André (SP)
POLYPROPYLENE (PP)
Mauá (SP)
Paulínia (SP)
Schkopau e Wesseling
(Alemanha)
Marcus Hook (Pennsylvania)
La Porte (Texas)
Oyster Creek (Texas)
Seadriff (Texas)
Neal (West Virginia)
PE + PP
Camaçari (BA)
Duque de Caxias (RJ)
Triunfo (RS)
GREEN PE:
Triunfo (RS)
BRAZIL
SINGAPORE
ADMINISTRATIVE OFFICES
INNOVATION AND TECHNOLOGY
Administrative headquarters:
São Paulo (management and
administrative offices)
Philadelphia (Pennsylvania/USA)
Frankfurt (Germany)
Escritórios administrativos:
Salvador (BA)
Porto Alegre (RS)
Commercial offices:
Germany
Argentina
Chile
Singapore
Colombia
United States
Netherlands
México
Peru
Venezuela
Centers for Technology and Innovation:
Triunfo (Brazil)
Pittsburgh (USA)
Partnership with companies and
external laboratories for research in
chemistry and polymers,
petrochemical or renewable source.
PE
polyethylene
PP
polypropylene
PVC
polyvinyl chloride
GREEN PE
Polyethylene manufactured from
sugarcane ethanol, renewable
raw material source.
To learn more, visit
Braskem > Braskem in the world
18
2015 | Braskem | Annual Report
PITTSBURGH
MEXICO
NETHERLANDS
GERMANY
Wesseling (1)
Schkopau (1)
UNITED STATES
West Virginia (1)
Texas (3)
Pennsylvania (1)
MÉXICO
Braskem Idesa
Petrochemical Complex,
located in Nanchital, in the
state of Veracruz.
BRAZIL
SINGAPORE
VENEZUELA
COLOMBIA
PERU
CHILE
TRIUNFO
ARGENTINA
INDUSTRIAL UNITS
BASIC PETROCHEMICALS:
Camaçari (BA)
Duque de Caxias (RJ)
Mauá (SP)
Triunfo (RS)
PVC AND SODA:
Maceió (AL)
Marechal Deodoro (AL)
Camaçari (BA)
POLYETHYLENE (PE)
Cubatão (SP)
Santo André (SP)
POLYPROPYLENE (PP)
Mauá (SP)
Paulínia (SP)
Schkopau e Wesseling
(Alemanha)
Marcus Hook (Pennsylvania)
La Porte (Texas)
Oyster Creek (Texas)
Seadriff (Texas)
Neal (West Virginia)
PE + PP
Camaçari (BA)
Duque de Caxias (RJ)
Triunfo (RS)
GREEN PE:
Triunfo (RS)
ADMINISTRATIVE OFFICES
INNOVATION AND TECHNOLOGY
Administrative headquarters:
São Paulo (management and
administrative offices)
Philadelphia (Pennsylvania/USA)
Frankfurt (Germany)
Escritórios administrativos:
Salvador (BA)
Porto Alegre (RS)
Commercial offices:
Germany
Argentina
Chile
Singapore
Colombia
United States
Netherlands
México
Peru
Venezuela
Centers for Technology and Innovation:
Triunfo (Brazil)
Pittsburgh (USA)
Partnership with companies and
external laboratories for research in
chemistry and polymers,
petrochemical or renewable source.
GREEN PE
polyethylene
Polyethylene manufactured from
sugarcane ethanol, renewable
polypropylene
raw material source.
PE
PP
PVC
polyvinyl chloride
BRASKEM IDESA PETROCHEMICAL
COMPLEX COMES INTO OPERATION
G4•13
The year 2015 marked the beginning
With the start of operations planned
The Braskem Idesa Petrochemical
of a new phase for Braskem's global
for the beginning of 2016, the
Complex has annual production
expansion strategy. At the end of
project budgeted at R$ 15 billion
capacity of 1.05 million tons of
2015, the Brazilian Company, in
and
the biggest petrochemical
high and low density polyethylene
a joint venture with Grupo Idesa,
industry
in Latin America
in
resin, as well as an equivalent
reached 99% of physical progress
recent
years,
reduces
the
volume of ethylene from ethane
on the construction of the Etileno
Country's dependence on imports
gas, whose supply is ensured by
XXI (Ethylene XXI) project, a new
of petrochemical products and
a 20 year-contract with Mexican
Petrochemical Complex to produce
strengthens Braskem's participation
oil company Pemex.
ethylene and polyethylene, located
in meeting
the demands of
in Nanchital,
in
the State of
global Clients, especially in the
Veracruz, in Mexico.
packaging industry.
Figures of the Mexican market
TOTAL NUMBER OF CLIENTS:
1,500 transformers
MARKET DEMAND:
2.1 million tons/year
polyethylene
PRE-MARKETING
NEGOTIATIONS:
100,000 tons in 2015
In its first year alone, the Company reached
25% of the objective for future sales
commitment memoranda with pre-marketing
Clients: focus on 305 key Clients
Project structure and competitive
and environmental advantages
• Boilers:
the project has
silos with capacity of 1,000
long-term
contract with
natural
gas
boilers
to
cubic meters each, and
Mexican oil company PEMEX.
generate steam for power
other support facilities. In
• Energy:
from
the new
generators (combined-cycle
2015, the Company signed a
equipment
installed,
the
turbines) and compressors.
contract with five distribution
complex will have 12%
• Logistics
network:
companies and five logistics
reduction in specific energy
operated
from
railways
operators.
consumption
relative
to
interconnecting
the
• Fleet: composed of 1,300
the average of all Braskem
Southeast region, where it is
train cars used for distribution
operations.
located, to the Central and
of polyethylene production in
• GHG: reducing the intensity
North regions of the Country.
the domestic market and for
of greenhouse gas emissions
The
logistics platform
is
export.
(GHG), 28% lower than the
considered one of the largest
•
Infrastructure:
Braskem average.
in Latin America with an area
construction
of
200
• Water:
reclaimed water
of approximately 20 hectares,
kilometers of pipelines to
facilities that should provide
a covered warehouse of
supply 1.23 million tons of
a water
reuse
rate of
20,000 square meters, 21
ethane gas a year, through
approximately 20%.
Braskem Idesa Complex:
an example of safety
Ethylene XXI: best pre-marketing
of the Company
In 2015, the Braskem Idesa Petrochemical Complex
In pre-marketing sales alone,
the Company
became a benchmark in safety. The project consolidated,
reached 100,000 tons of products traded in 2015
at the end of the year, an accident rate of 0.44 per
from the operation of the Mexican complex, which
million man-hours, considering direct involvement in the
was regarded as one of the most interesting pre-
construction work of 17,000 workers (peak in 2015).
marketing operations in the history of Braskem.
Given the performance in safety in Mexico, the project
The Braskem Idesa Petrochemical Complex will help
received the Industrial Safety Award, from DuPont as a
increase Braskem's participation in sales of chemical
global highlight in construction safety.
inputs and thermoplastic resins to the United States.
Biodiversity
G4•EN12 | G4•EN14
During the construction phase,
expanding by a factor of five the
Of the 200 hectares of land acquired
three programs were implemented
total population initially identified.
for
the project, 30
remained
to reduce impacts on biodiversity:
•
Salvage and relocation of 549
untouched
as
environmental
• Relocation, conservation, and
individuals of the local wildlife,
conservation area.
In addition,
multiplication of the vegetation
among amphibians, reptiles, and
100 hectares were acquired for
of 331 plants of the species
mammals.
management and conservation of
Ceratozamia Miqueliana
(a
• Reforestation process by planting
biodiversity, as well as other projects
rare and endangered species),
approximately 300 hectares.
in third-party areas.
20
2015 | Braskem | Annual Report Ethylene XXI: best pre-marketing
of the Company
Social projects
Along with
the
completion
which in 2015 achieved a total of
communities, Braskem
Idesa
of the Ethylene XXI Project,
17,000 people, with 90% recruited
invests in social projects that
Braskem Idesa advanced in the
from
the
region surrounding
have been implemented since
demobilization process of the
the
petrochemical
complex.
2014 and which also reached
teams of workers who worked
With the goal of transferring
their mature stage in 2015.
directly in the construction –
earnings of the complex to local
1. Training of manpower for jobs associated
with the Ethylene XXI Project
Actions in partnership with the Government
Training focused on developing skills to the
of
the State of Veracruz
involved
four
required positions, such as industrial welding,
communities
surrounding
the
project.
use of
forklifts, and
industrial painting.
2. Incentive to entrepreneurship
Since 2014, Braskem Idesa has mapped
were
formed with
the
involvement
regional suitability for the development of
of 200 people, 93% of them women.
production chains through entrepreneurship
Regularization of these activities enabled
projects. In 2015, this work evolved into
the beginning of the businesses that
hiring consulting services and training
related to these actions.
courses. As a result, 13 formal cooperatives
Projects that were implemented were
•
•
•
Tilapia farming
Production of cleaning products
Production of uniforms and recycling of materials provided by Braskem Idesa for craft production
and chicken farming.
21
2015 | Braskem | Annual Report CORPORATE
GOVERNANCE
G4•34
Corporate Governance at Braskem is based on ethics,
transparency and respect for Clients, Team Members,
Shareholders, Suppliers and all other audiences with
whom the Company interacts.
Braskem operates in line with best
• Disclosure
corporate governance practices in
statements
of
in
financial
Bolsas y Mercados Españoles
English,
(BME), in Spain. In 2005, Braskem
the market, having as a priority
according
to
international
was one of the first Foreign Private
in this model responsible and
standards (IFRS).
Issuers (FPIs) in South America
transparent management of all its
•
Board of Directors with at least
to adjust to the requirements
assets. These principles are part of
five members, unified term of
of Sections 404 and 302 of the
the Public Commitment assumed
up to two years, allowing for
Sarbanes-Oxley Act (SOx).
by the Company since its formation
re-election, and at least 20%
in 2002, and that represents a
of Independent Members.
For the fifth consecutive time,
differentiator perceived by Team
•
100% tag along for all shares
Braskem was chosen
to
join
Members, Clients, Shareholders,
in the event of change in
the
BM&FBOVESPA
carbon
Suppliers, and Society.
controlling interest.
efficient Index (ICO2) portfolio,
and remained on the list of the
The
Company
operates
Outside of Brazil, Braskem's
Corporate Sustainability
Index
within
the highest
corporate
shares are also listed on the New
(ISE) of the São Paulo Stock
governance
standards
in
the
York Stock Exchange (NYSE) and
Exchange
(BM&FBOVESPA),
market, participating in Level 1
Latibex – Latin American section
a position
the Company has
of the São Paulo Stock Exchange
of the Madrid Stock Exchange –
held since the creation of the
(BM&FBOVESPA) since 2003 and
and, for this reason, are subject to
index
in 2005.
In addition,
meeting some requirements of
the requirements of the respective
the Company is also listed on
Level 2 and Novo Mercado (special
regulatory
bodies,
namely,
the Dow
Jones Sustainability
listing segments of BM&FBOVESPA
Securities Exchange Commission
Index (DJSI) of the New York
companies ), including:
(SEC), in the United States and
Stock Exchange, since 2012.
Communication: transparency in relations
with the market and internal audience
G4•58
As part of its legal commitments,
In addition, the members of the
To the internal audience, the
Braskem
regularly
sends
Board of Directors and Fiscal
communication channel Braskem
information
to
the Securities
Council provide an exclusive
View (intranet), developed
in
and
Exchange
Commission
information channel
that can
Portuguese, English, and Spanish,
(CVM) and to the São Paulo
be accessed on the company's
publishes the Company's national
(BM&FBOVESPA) and New York
website on the Internet, which
and regional news, business and
(NYSE) Stock Exchanges, as
provides security, transparency,
corporate information, products,
standardized financial statements,
fairness and
speed
in
the
campaigns and internal processes
press releases, relevant facts,
process
to communicate with
and acknowledgments.
among others.
Shareholders.
These documents are available on the Company's investor relations website
Braskem > Investor Relations
23
2015 | Braskem | Annual Report Code of Conduct: Ethics and Integrity
G4•56 | G4•57
Operating in accordance with the
recommended practices to ensure that
force in order to ensure full assimilation
applicable laws, regulations, policies
Braskem is adherent to the best global
of content by all Team Members.
and best practices is a fundamental
processes. In relation to the Code of
principle of Braskem.
Conduct, it was last reviewed in 2014,
Braskem's Code of Conduct
is
with subsequent dissemination of
translated
into all
languages of
Effective compliance represents for
its contents to all Team Members of
the countries where Braskem has
Braskem an intangible asset, in the
the Company. The process included
operations. It can also be accessed
protection and strengthening of
questionnaires on the subject and
through
the
corporate
intranet
the Business. The constant review
electronic signature of the term of
and the website of the Company
of the compliance standards, as
commitment with the guidelines of
(www.braskem.com).
well as of the code of conduct, are
the Code. It is a model that remains in
Ethics Line Channel
G4•58
In
a
cross-sectional manner,
operations. All information received
Manager. No retaliation is allowed
Braskem offers the Ethics Line
through the channel is investigated
or tolerated against those who, in
Channel. Through
this channel,
respecting
confidentiality
Team
Members,
Suppliers,
independence,
ensuring
and
the
good faith, report a concern about a
conduct that is not in compliance with
Third Parties, Clients and other
anonymity of denouncers and
the guidelines laid down in the Code
stakeholders can,
in a secure
security in investigation.
of Conduct.
and responsible way, contribute
information to maintain a corporate
The results from the respective
The following diagram presents a
environment that is trustworthy,
investigations are presented and
summary of the cases recorded
secure, ethical, transparent and
discussed in the Ethics Committee,
through the Ethics Line and the
productive. This channel can be
composed of the Legal Representative,
remedies taken by the Company in
accessed via
the Company's
Corporate Security Manager, People
response, with a breakdown of cases
website or toll free in the language
and Organization Manager, Finance
concerning corruption, conflicts of
of the countries where Braskem has
Manager, and Institutional Relations
interest, and discrimination.
Learn more at
Braskem > Ethics Line
MAIN RESULTS FROM THE ETHICS LINE 2015
29 cases opened in 2014 started
under an investigation process in 2015
85 cases opened in 2015
31 cases opened in 2015 under an
investigation process in 2016
18 cases filed without deviation
of conduct
11 cases filed with deviation
of conduct, with the following
remedies taken:
•
•
•
•
3 Team Members terminated
1 Partner suspended
6 Suppliers blocked
15 process improvements
implemented
35 cases filed without deviation of
conduct
19 cases filed with deviation
of conduct, with the following
remedies taken:
•
•
•
5 Team Members terminated
4 Partners suspended
2 cases passed on to the
Federal Public Attorney's Office
23 process improvements
implemented
•
Considerations:
•
The cases of the Ethics Line
are filed in the quarterly
meetings of the Ethics
Committee
The last meeting of 2015 was
held on December 3, 2015
All actions subsequent to this
date will be announced in the
next Annual Report
•
•
24
2015 | Braskem | Annual Report
CASES OF DISCRIMINATION4
G4•HR3
Number of Cases with legal basis: four
Measures adopted by the Company: the Team Members involved received feedbacks and P&O is
following the development of these professionals. There was no new evidence of deviation of behavioral
conduct on the part of these Team Members that have been reported to the Corporate Security area.
CASES OF CORRUPTION AND CONFLICT OF INTEREST5
G4•SO5
Number of confirmed cases: no case of corruption and four cases of conflict of interest, without
involvement of public agents
Type of cases: Team Members sought benefits for themselves (without involvement of public agents)
Actions taken: three Team Members were terminated. In one of the cases, the Supplier was blocked. In
the other three, there was no direct involvement of Suppliers or the infraction was direct between Team
Member and Braskem.
Learn more at
Braskem > Corporate Governance
Note: There was no public corruption-related lawsuit against Braskem or its members in 2015.
4 and 5 Registered in the Ethics Line Channel
25
2015 | Braskem | Annual Report GOVERNANCE STRUCTURE
G4•34 | G4•39
The coordination between
the
of Directors,
Fiscal
Council,
of the Corporate Security area,
corporate governance agents – The
Business Leader, Executive Board
which acts as an internal audit
General Meeting of Shareholders,
and Independent Auditors – takes
regarding
the activities carried
Board of Directors, Standing
place through Braskem's Corporate
out by the Fiscal Council, as
Committees to Support the Board
Governance area with the support
shown below:
)
G
N
I
T
E
E
M
L
A
R
E
N
E
G
(
S
R
E
D
L
O
H
E
R
A
H
S
STRATEGY AND COMMUNICATIONS
COMMITTEE (CEC)
PEOPLE AND ORGANIZATION
COMMITTEE (CPO)
FINANCE AND INVESTMENT
COMMITTEE (CFI)
PERMANENT BOARD
OF DIRECTORS SUPPORT
COMMITTEE
BOARD OF DIRECTORS
BUSINESS
LEADER
EXECUTIVE
BOARD
S
T
N
E
I
L
C
FISCAL COUNCIL
(WITH RESP. OF AUDIT COMMITTEE)
CORPORATE SECURITY (*)
INDEPENDENT AUDIT
CORPORATE GOVERNANCE SUPPORT
Note: Governance structure 31/12/2015. *Area responsible for Internal Audit and Compliance
The responsibilities of each of the
Board of Directors (CA): it is an
on investments within its purview, as
agents of Braskem's
corporate
autonomous body of a collegiate
well as other responsibilities provided
governance structure are aligned
nature with its operations regulated
for in the By-laws.
with the goals to create value for the
by the current legislation, by the
Company's Shareholders and include
By-laws and Rules of Operation. It
It is formed by 11 Board members
the following scope of operation:
is responsible for accountability to
and
their
respective alternates,
General Meeting of Shareholders
Shareholders, other stakeholders and
elected or removed from Office at
(AG): sovereign body, which has
society at large, and for the tangible
any time by the General Meeting
the power to decide on all business
and intangible assets used in the
of Shareholders. This instance is
relating to the corporate purpose of
administration of the Company. Its
composed of two independent Board
the Company and take resolutions
main responsibilities are: to guide
members, independent in relation to
it deems convenient to its defense
the Company's business, monitor
the controlling Shareholder, according
and development. Its competencies,
its operation and administration,
to best governance practices indicated
forms and operation are governed
decide on strategic issues, guide the
by BM&FBOVESPA and the guidelines
by
the Brazilian Corporate Law
Executive Board on relevant issues,
of the Sarbanes-Oxley Act. None of the
(Law No. 6,404) and its subsequent
approve generally applicable policy
members of the Board of Directors has
amendments.
proposals of the Company and decide
an executive role at Braskem.
6 On December 31, 2015, the Board of Directors had three open positions awaiting indication of Shareholders
to recompose the Board of Directors.
26
2015 | Braskem | Annual Report
On December 31, 2015, Braskem's Board of Directors had the following composition:
HOLDERS
ALTERNATES
Newton Sergio de Souza
Chairman of the Board of Directors
Patrick Horbach Fairon
Vice Chairman of the Board of Directors
Roberto Prisco Paraíso Ramos
Luis Adolfo Pereira Beckstein
Alfredo Lisboa Ribeiro Tellechea
Luiz de Mendonça
Álvaro Fernandes da Cunha Filho
Independent member
Paulo Oliveira Lacerda de Melo
Antônio Aparecida de Oliveira
Marcus Vinicius de Oliveira Magalhães
Andrea Damiani Maia
Marcela Aparecida Drehmer
Mauricio Roberto de Carvalho Ferro
Roberto Zurli Machado
Independent member
Arão Dias Tisser
Daniel Bezerra Villar
Mauro Motta Figueira
Luciano Dequech
José de Freitas Mascarenhas
Standing Committees to Support the
Board of Directors (Committees)
The Board of Directors has three
Damiani Maia
(Coordinator),
Prisco Paraíso Ramos, Antônio
Committees provided for in the
Álvaro Fernandes da Cunha
Aparecida de Oliveira, and
By-laws and in the Shareholders'
Filho, Daniel Bezerra Villar, and
Roberto Zurli Machado.
Agreement, which integrate the
Paulo Oliveira Lacerda de Melo.
corporate governance structure.
Strategy and Communication
They aim to assist the Board
Finance
and
Investment
Committee
(CEC):
with
of Directors in pre-established
Committee (CFI): supervises
regard to strategic directives,
matters and are composed of
the policies related to finance;
the CEC evaluates definitions
four directors each. They are:
insurance
and
guarantees;
for planning and preparation
financial
risk management;
of
the Action Plant of
the
People and Organization
the
annual
and
quarterly
Business Leader. With regard
Committee (CPO): supervises
results; the alliance agreement;
to communication issues, the
policies and programs related
evaluates and supervises the
Committee supervises policies
to People and Organization,
investment projects approved
and programs of institutional
such as compensation, code
by
the Board of Directors,
image,
sustainability,
of conduct, health, safety and
as well as contributes to the
social
responsibility
and
environment, and the private
development of
the Action
communication with the capitals
pension programs. In addition,
Program (PA) of the Business
market. CEC
is
formed by
the CPO
reviews significant
Leader (LE) to be proposed
Mauricio Roberto de Carvalho
changes in macrostructure and
to
the Board of Directors,
Ferro
(Coordinator), Alfredo
replacement and succession of
among other issues. The CFI is
Lisboa Ribeiro Tellechea, and
executives in strategic positions.
formed by Marcela Aparecida
Patrick Horbach Fairon.
The CPO is formed by Andrea
Drehmer (Coordinator), Roberto
27
2015 | Braskem | Annual Report Permanent Fiscal Council (CF)
The activities of the Fiscal Council
order to ensure fulfillment of their
as the reports on internal controls
are governed by Law 6,404, by
legal and statutory duties, issuing
containing the points that could
Braskem's By-laws and its Rules
opinions and providing information
impact the Company's financial
of Operation, as well as, to the
to Shareholders; (b) follow up on
statements;
and
(f)
analyze
extent compatible with the Brazilian
annual and quarterly results of
and recommend to the Board
legislation, by the SOx of the United
the Company; (c) approve the
of Directors the appointment of
States. In view of the requirements
annual list of pre-approved services
independent auditors. The Fiscal
demanded by SOx,
the Fiscal
that can be provided by the
Council is formed by five Board
Council had its activities expanded in
independent auditors; (d) oversee
members and
their
respective
2005, acquiring the responsibilities
the work of internal and external
alternates, elected or removed
of an Audit Committee. Its main
audit; (e) analyze the report of
from Office at any time by the
responsibilities are: (a) supervise
recommendations prepared by
General Meeting of Shareholders,
the acts of the Administration, in
the independent auditors, as well
for a term of one year.
On December 31, 2015, Braskem's Fiscal Council was composed of:
HOLDERS
Marcos Antônio Zacarias
President of the Fiscal Council
Aluízio da Rocha Coelho Neto
Ismael Campos de Abreu
ALTERNATES
Hubert Georg Deierl
Tatiana Macedo Costa Rego Tourinho
Afonso Celso Florentino de Oliveira
Luiz Gonzaga do Monte Teixeira
Amós da Silva Câncio
Gilberto Braga
Ana Patricia Soares Nogueira
Business Leader and Executive Board
Braskem's Executive Board has its
As provided for in its By-laws, the
The President, in performing his role
operations regulated by the legislation
Statutory Board
is a permanent
as a Business Leader, is responsible
and By-laws, and its responsibilities
body of the Company, and must
for creating the conditions necessary
are management of the business and
be composed of at least four and at
for the Survival and Growth of
of the Company's functional areas, as
most ten members, with a President,
Braskem and for the development
well as the implementation of general
a Director of Investor Relations, and
and consolidation of the bases for
policies and guidelines set out by
the other Directors without specific
Perpetuity of the Company as defined
the Board of Directors.
designation, elected by the Board of
by TEO.
Braskem's Executive Board is composed of:
Directors.
Carlos Fadigas*
President
Mário Augusto da Silva*
Director of Finance and Investor Relations
Marcelo de Oliveira Cerqueira*
Responsible for the Basic Petrochemicals Unit
Luciano Nitrini Guidolin*
Responsible for the Polyolefins, Vinyls and Renewables Unit
Gustavo Sampaio Valverde*
Responsible for the Legal and Corporate Governance Departments
Marcelo Arantes de Carvalho*
Responsible for People & Organization, IT and Procurement
Marcelo Lyra do Amaral
Responsible for Institutional Relations and Sustainable Development
Fernando Musa
Roberto Bischoff
* Statutory Directors
Responsible for the United States and Europe Unit
Responsible for the Latina America Unit
28
2015 | Braskem | Annual Report Independent
Audit
Corporate
Security
Is responsible for issuing technical
Is responsible for evaluating the
opinions about
the Financial
processes regarding effectiveness
Statements with
independence
of risk management and internal
and
in compliance with
the
controls and compliance with
current
legislation. Companies
internal policies and guidelines
that provide audit services are
and
market
regulations,
replaced every five years, at the
independently
and
through
most, as determination of CVM
a systematic and disciplined
Instruction No. 308/09.
approach, with the purpose of
improving the effectiveness of
operations and add value to the
business.
Internationalization and improvement
of Corporate Security
The global economy requires
operating model,
Braskem
Program demonstrates that it is
Braskem's ongoing commitment
advances
in
strengthening
possible to increase the reach of
based
on
best
practices
the Corporate Security area
its scope of activity and improve
worldwide,
on
the
topics
and the Compliance program
its
effectiveness
through
of Corporate Security
that
in a manner that is aligned
incorporation of best practices
include compliance issues, risk
with best practices and public
captured in each location where
management,
internal audit,
commitments that highlights its
Braskem has operations in order
and management of the Ethics
operating model in the market.
to maintain the effectiveness of
Line Channel.
As part of this process, the
the Corporate Security program
As
it consolidates a global
Braskem Corporate Security
globally. They are:
People
Strengthening
the
corporate
Processes
To simplify, standardize and qualify
Technology
Continuous monitoring of
risk
structure with the Compliance
the processes, Braskem adopted a
indicators of key processes, as
program
for
supporting key
project for integrated management
well as the global solution for Risk
areas. Formation of a single
of business called Formula.
Management and Compliance and
Ethics Committee for the entire
Braskem has a unique Code of
automation of tests of key controls.
global operation, with capacity
Conduct and establishes a process
building and training taught by
for receipt and investigation of
local teams of each Country,
reports from the Braskem Ethics
under guidance of the Corporate
Line channels. A unique platform
Compliance team.
of knowledge management of
policies, guidelines and procedures
was also implemented.
29
2015 | Braskem | Annual Report Anti-corruption Action
A signatory to the Global Compact
focusing on expansion of discussions
of the United Nations (UN), Braskem
on
the
importance of effective
engaged in leading anti-corruption
compliance programs, presenting
actions, one of the 10 principles
best practices of prevention and
listed in the Compact. In 2015, the
mitigation of risks of corruption.
Company took over the coordination
In addition, it was responsible for
of the Working Group (WG) Anti-
translating into Portuguese the Guide
corruption of the Brazilian Network
for Anti-Corruption Risk Assessment,
of the Global Compact, the fourth
prepared by the United Nations,
largest network in the context of the
and developed an Anti-Corruption
organization, with more than 700
booklet,
released
in Brazil on
participating companies.
December 9, when the International
Anti-Corruption Day is celebrated.
In this context, the WG, coordinated
by a lead of Braskem, held workshops
and conducted
training courses
10 Principles of the Global Compact
Braskem has been a signatory to
Braskem is also a member of the
the Global Compact of the United
LEAD Group, leading companies
Nations (UN) since 2007 and is in
of the Global Compact selected
the lead among the participating
among all the signatories in the
companies with the highest levels
world, since 2013. In addition,
of communication on progress
in 2014 the Company held a
in the adoption of the 10 Global
seat on the Steering Committee
Compact principles. Since 2008,
of the LEAD Group. Members of
the company has
integrated
the group have the opportunity
the Brazilian Global Compact
to closely monitor the Global
Network, responsible for its Chair
Compact initiatives and influence
for the 2013 – 2014 biennium.
their strategic decisions.
30
2015 | Braskem | Annual Report 10 Principles of the Global Compact
SUSTAINABLE
DEVELOPMENT
Braskem's objective is to become a benchmark in sustainable
development. To this end, the Company sets strategic goals
focusing on processes, resources, and products that provide
a more balanced future based on best social, environmental
and economic practices.
Management
of
sustainable
composed of 92 companies, 16
These
achievements
confirm
practices
continues
to
be
of them Brazilian. In addition,
the Company's commitment to
prominent in all actions undertaken
for the fifth time, Braskem was
the world's best sustainability
at Braskem. For
the
fourth
selected to compose the Carbon
practices
in
the
industry.
Its
consecutive year, the Company
Efficient Index Portfolio (ICO2)
operation is guided by a concept
has maintained its position on the
by BM&FBOVESPA, and remained
of
sustainable
development
Dow Jones Sustainability Emerging
on the Corporate Sustainability
encompassing
the
economic,
Markets Index, a sustainability
Index, also by the São Paulo Stock
social, and environmental pillars
index of companies in emerging
Exchange
(BM&FBOVESPA),
a
related to the Company's activities
countries
listed by
the New
position held since the creation of
and production chain.
quadro_materialidade.pdf 1 5/7/16 13:09
York Stock Exchange
(NYSE)
the index in 2005.
MATERIALITY
G4•18 | G4•19 | G4•20 | G4•24 | G4•25 | G4•26 | G4•27
Braskem's materiality matrix
In order to reach this goal, the
ten strategic macro-objectives for
reflects its concern with minimizing
Company carried out a survey with
sustainability cover these material
Desenvolvimento sustentável
maximizing its positive influence.
defined the material aspects. The
stakeholders.
its
negative
impacts
and
its main stakeholders, and together
aspects for the Company and its
C
M
Y
CM
MY
CY
CMY
K
Para a Braskem, o conceito de desenvol-
vimento sustentável refere-se a questões
econômicas, sociais e ambientais relacio-
nadas às atividades da Empresa e de sua
cadeia e inclui o compromisso ético com
as gerações atuais e futuras, com o uso ra-
cional dos recursos naturais e com a saúde
do planeta. Esse compromisso permeia a
estratégia e a atuação da Companhia.
É extremamente importante para a
Braskem minimizar os eventuais impactos
negativos e maximizar os positivos provo-
cados por suas atividades e, dessa forma,
tornar-se parte da solução para uma
vida melhor, por meio dos seus produtos,
serviços e da sua atuação. Em decorrência
dessa visão e a partir do entendimento das
oportunidades de crescimento da Com-
panhia para os próximos anos, a Braskem
definiu dez macro-objetivos estratégicos
para a sustentabilidade, que cobrem os
temas materiais para a Empresa e suas
partes interessadas. A matriz de temas
materiais pode ser vista a seguir.
High
Level of
Impact
Braskem
Medium
HIGH
22
6
18
Low
Irrelevant
16
3
11
21
9
19
7
1
5
2
4
8
28
23
25
17
20
24
26
27
29
13
10
ENVIRONMENTAL
(1) Non-renewable resources
(2) Water
(3) Climate change and energy
(4) Air
(5) Waste
(6) Transportation
(7) Biodiversity
(7) Biodiversity Mexico
(8) Post-consumption
(9) Suppliers – environmental management
(10) Product development – environmental
12
11b
7a
SOCIAL
14
15
Irrelevant
Low
Medium
High
Level degree to stakeholders
MATERIALITY
CRITICAL
HIGH
MODERATE
LOW
BRASKEM'S LEVEL OF CONTROL
OR INFLUENCE UPON HE ASPECT
MINIMUM LOW MEDIUM
STRONG
MATERIAL ASPECTS
(11) Jobs
(11b) Jobs - USA
(12) Freedom of association
(13) Health and Safety
(14) Training and career
(15) Equal opportunities
(16) Property security
(17) Safe use of products
(18) Grievance mechanisms
(19) Suppliers – social management
ECONOMY AND GOVERNANCE
(20) Economic Performance
(21) Social investments and community
(22) Public assistance
(23) Local suppliers
(24) Free competition
(25) Corruption
(26) Public policies
(27) Product development - social
(28) Labor from Local Communities
(29) Transparency and integrity
Para saber mais sobre o processo de consulta e análise realizado para identificar os temas
materiais à Empresa e às suas partes interessadas, consulte
http://www.braskem.com.br/site.aspx/materialidadesustentabilidade
Aspect 4 - Air was considered material given the level of importance assigned by local communities and the potential impact
of the Company. It was not associated with any macro objective, since it is considered highly regulated and well managed by
the Company, with no actual impact being observed. To learn about the Company's performance, see Social and Environmental
Management, Environment, Energy, and Climate Change
To learn more about the process of consultation and analysis that identified the material topics for
the Company and its stakeholders, see:
Braskem> Materiality Matrix
32
2015 | Braskem | Annual Report MAPPING OF STAKEHOLDERS
Category of stakeholders
interacting with Braskem
Means of engagement
Meetings, Reputation Survey*
Political/strategic:
Trade unions, regulatory agencies,
professional associations, executive
branch, legislative branch, public
prosecutor's office, environmental
agencies, public/regional opinion,
ngos, Financial market analysts,
auditors
Influenciators
Industry:
Competitors, trade associations
Industry trade shows,
Participation in sector meetings
Media:
Coordinators, specialized media,
general media, social networks/virtual
environment
Academia:
Research centers, schools,
researchers, Universities,
technical schools
Press Releases, Meetings,
Interviews, Reputation Survey*
Meetings, Reputation Survey*,
Projects in partnership
Suppliers:
Raw materials, Petrobras, indirect
materials, services, technology
Meetings, E-Mails, Internet
Channel with exclusive access,
Reputation Survey*
Financial market:
Controlling shareholder, minority
shareholder, board of directors,
financial institutions,
debt provider, banks
Members:
Members, third parties
Communities:
Residents, local leadership,
partners initiatives
Society:
ABC 18+/ national,
families of members
Clients:
Clients cf clients of end consumers
distributor, Unib, Unipol, Unvin,
international
Meetings, Website “Investor
Relations”, Reports, Video
conference on results
E-Mails, Internal Campaigns,
Newsletters, Safety Dialogues,
Recognition Award, Intranet,
Reputation Survey*, Climate
Survey (every two years),
Communication Survey (every
two years)
Projects, Direct Relationships
with Local Representatives from
the Institutional Relations Area,
Reputation Survey*
Reputation Survey*
Meetings, Visits to Facilities,
Technical and Relationship
Events, Industry Trade
Shows, Sponsorship, Internet
channel with exclusive access,
Sales support service by
account managers, Technical
development agenda, Reputation
Survey*
Facilitators
Impacting
Beneficiaries
*The reputation survey has been carried out each year since 2009, with the support of the Reputation Institute.
The program relies on an Image and Reputation Management Committee, with participation of representatives of all Company
areas, responsible for discussing the main risks and opportunities in the production process and the strengthening of the trust
of Braskem's stakeholders.
33
2015 | Braskem | Annual Report Macro-objectives
for sustainable
development
Safety
Economic and
financial results
Strengthening
of practices
Development
of solutions
Local
development
Post-consumption
Renewable
resources
Water
efficiency
Energy
efficiency
Climate
change
Increasingly sustainable
Operations and resources
Increasingly sustainable
Product portfolio
Solutions for an increasingly
sustainable life
PILLARS OF BRASKEM'S SUSTAINABILITY STRATEGY
SAFETY: be recognized as a reference in chemical, occupational and process safety, in the global
chemical industry.
ECONOMIC AND FINANCIAL RESULTS: be among the three largest producers of thermoplastic
resins in the world, guaranteeing profitability that supports the continuity of the business,
maintaining “Investment Grade” classification in the 3 main international agencies.
POST-CONSUMPTION: be recognized as an important agent that contributes to the recycling of plastics
RENEWABLE RESOURCES: be recognized as a leader in the production of chemicals and thermoplastic
resins from renewable raw materials, continuing to be the world's largest producer of thermoplastic
resins from renewable sources.
WATER EFFICIENCY: continue as a reference in the use of water resources in the global chemical industry.
CLIMATE CHANGES: be among the best large chemical companies in the world in terms of greenhouse
gas emissions (GHG) intensity and a major player in carbon sequestration, as a result of the use of
renewable raw materials.
ENERGY EFFICIENCY: be among the world’s best large chemical companies in terms of energy
consumption intensity and a major user of renewable energy.
LOCAL DEVELOPMENT: be recognized by the communities surrounding our operational sites and by
society in general for our contribution to the improvement of human development, as shown by achieving
the reputation level of “excellent” in the Citizenship Dimension of our Reputation Survey (RepTrakTM Pulse).
DEVELOPMENT OF SOLUTIONS: be recognized as a company that supports its Clients in the
development of environmental and social solutions; contribute to the perception of plastic as a solution
to sustainable development due to its potential to improve people’s lives.
STRENGTHENING OF PRACTICES: be recognized as a corporate leader in Brazil, as well as a global
leader in the chemical industry, for our contribution to sustainable development.
For more information about each macro-objective and its main actions carried out in 2015 and planned until 2020.
Braskem > Goals and Initiatives
Learn more about Braskem’s Macro-objectives for sustainable on page 145
34
2015 | Braskem | Annual Report Paris Agreement
The global debate on climate change
emissions, to a continuous investment
gained a historical milestone
in
in product development with a lower
2015 with the 21st edition of the
carbon footprint and of products from
UN Climate Conference in Paris,
renewable sources.
France. The
international event,
which brought together the heads of
To strengthen the global movement
state of the world's main economies,
for mitigating impacts arising from
Sustainable
Development
Summit
culminated in a historical agreement
climate change, Braskem also joined
The Sustainable Development
that will guide the public and private
the "Paris Pledge."
actions in the coming years.
Goals (SDG), a document
establishing 17 global goals
Braskem was also featured among
to be reached by 2030, were
As one of the signatories to the
the companies that participated in the
established between 2012 and
Open Letter of global CEOs directed
Carbon Disclosure Program (CDP), an
2015 with a broad consultation
toward the world leaders present at
international non-profit organization
process. Braskem participated
the COP-21, Braskem is among the
seeking to foster management and
in this process as a Member
multinational participants of Caring
pricing of greenhouse gases. The
of the Brazilian the Global
for Climate Business Summit, of the
Company earned the highest possible
Compact Committee, working
Global Compact, the world's largest
score (on a scale of 0 to 100) regarding
actively in the Sustainable
coalition of companies dedicated
transparency when accounting for
Development Summit.
to developing solutions capable
emissions data, in addition to an
of accelerating the transition to a
A- score (the best among Brazilian
more sustainable economic model.
companies) regarding performance
At the event, the Company ratified
(on a scale of E to A+).
its commitment to reducing CO2
35
2015 | Braskem | Annual Report FINANCIAL
PERFORMANCE
G4•EC1 | G4•EC2 | G4•9
Good operational performance, record exports, operations
abroad, and international spreads guaranteed Braskem's
good results in a year of an unfavorable Brazilian economic
scenario.
Record
operations
The global economic
scenario
In US dollars, the result reached
and the context of the economic
US$ 2.8 billion, advancing 17%
Profit
recovery of
the United States
compared to 2014. The Company's
and
Europe,
responsible
for
corporate leveraging, measured in
boosting the global demand for
US dollars by the Net Debt/EBITDA,
petrochemical products, raised the
was 1.91x reaching the lowest level
Consolidated net profit of
R$ 2.89 billion in 2015.
Company's financial performance in
in nine years, representing a 26%
the Brazilian real and the dollar in
drop compared to the same period
Growth
2015 to one of the highest levels in
the previous year. The consolidated
its history.
net profit in 2015 reached R$ 2.89
billion, of which R$ 3.14 billion were
During the year, Braskem reached
for the Company's Shareholders,
a record EBTIDA amount of R$
referring to parent Company profit.
9.37 billion accumulated in 2015, a
The Company's equity closed the
67% growth over the previous year.
year at R$59,961,294.00.
In 2015, Braskem
registered a record
EBITDA in the real and
the dollar, reaching
R$9.37 billion and US$
2.8 billion – a 67%
growth compared to the
previous year.
37
2015 | Braskem | Annual Report Aprimore Project
In
line with
the
responsible
a cost reduction of R$ 400 million
in the
implementation of 82
management of financial assets,
per year on a recurring basis
initiatives previously designed
during the year 2015, Braskem
by 2017, without compromising
and approved by the Company in
implemented
the Productivity
investments in asset maintenance
2014. In 2015, the implemented
and Efficiency Increase Project
and safety. The plan involves
actions reached recurring gains
(Aprimore Project) which foresees
over 200 Braskem Team Members
of R$ 156 million.
The
low price of oil
in
the
partially, the average depreciation
year was 98%, recording 1.97
international market broadened
of the Brazilian real of 42% over
million
tons of production,
the sales margin for petrochemical
the year. The depreciation of the
up 6 p.p. compared to 2014.
products, which was one of the
exchange rate had a positive effect,
The general operating result
main drivers for the Company's
since 100% of the Company's
abroad was not higher only due
strong cash generation in 2015.
revenue is directly or indirectly
to the overall shutdown of the
In
addition,
positive
results
pegged to only 80% of the costs.
Schkopau plant in Germany. It
were driven by good operational
was a scheduled maintenance
performance, especially
in
the
In the United States and Europe,
associated with a plant control
United States and Europe for a
the average rate of operations
system change.
larger volume of exports and,
in the industrial units for the
9%
17%
22%
Net revenue
in 20157
Brazilian Market
Brazilian Exports
USA and Europe
Resale
52%
7 Source: http://www.braskem-ri.com.br/annual-reports
38
2015 | Braskem | Annual Report Detachment from the Brazilian crisis
Figures
from
2015
show
emerging countries, especially
market to reach 4.927 million
Braskem's detachment from the
the real. The sharp deceleration
tons, a drop of 7.6% compared
Brazilian economic downturn due
of
important sectors
in
the
to 2014. In this context, in 2015,
to the growing maturity of the
Brazilian
economy,
such
as
Braskem sold a volume of 3.362
Company's global operations. The
services,
construction,
and
million tons in Brazil, 6% less than
Brazilian economic scenario was
infrastructure, also effected the
in 2014. Such a situation caused
more unfavorable than initially
labor market, reducing income,
Braskem to pursue, over the
predicted, aggravated by a lower
and
consequently,
affecting
year, opportunities in the foreign
than expected growth in China
family consumption and levels
market,
in order to maintain
(6.9%, the lowest in 25 years),
of investment.
high rates of operation at its
the drop
in the
international
Brazilian plants.
price of commodities, and the
The scenario reduced demand,
depreciation of
currency
in
causing
the Brazilian
resins
Strengthening exports
In 2015, the Company made
R$22.7 billion year to date, of
progress
in
its organizational
which R$ 10.2 billion were from
improvements
aimed
at
exports. With the most important
developing processes linked to
operations in the United States
optimizing the flow of exports.
and Europe, and the beginning
These new operations had the
of the project in Mexico, the
purpose of more effectively raising
Company has demonstrated a
industrial operations in Brazil to
decreasing dependency on the
the level of foreign operations.
Brazilian market, consolidating
Thus, revenue from the foreign
the growth of Braskem's global
market
represented 43% of
operations.
Braskem's total revenue, reaching
High credit notes and shares
REVENUE
Revenue from the foreign market
represented 43% of Braskem's
total revenue
With financial advantage at
the investment grade by the three
sovereign rating, and with the
the lowest level in nine years,
global agencies, and for the first
possibility of being two steps
Braskem managed
to secure
time ranked above the sovereign
above
the
sovereign
rating.
investment grade from the main
risk by Standard & Poor's, Fitch
According to the agency, this
risk classification agencies
-
and Moody's.
Standard & Poor's, Fitch and
confirmation reflects the strong
position
of
the Company's
Moody's – despite the downgrade
In December, Standard & Poor's
liquidity, solid cash generation,
of the Country's sovereign risk
reaffirmed Braskem's rating in
and geographical diversification.
rating in 2015. The Company kept
“BBB” (global scale), above the
39
2015 | Braskem | Annual Report Braskem guarantees competitiveness
in energy consumption in the Northeast
In 2015, Braskem and other
of regulated electricity supply,
Government also makes room for
electro-intensive
companies
Braskem obtained an extension on
the growth of renewable energy
in the Northeast managed an
the electricity purchase contracts.
sources in the region. Braskem,
important supply guarantee for
Thus, Braskem's main units at
along with other electro-intensive
its operations in the Northeast
the petrochemical complex
in
companies, will contribute
to
by extending electricity contracts
Camaçari, Bahia, and in Alagoas,
strengthening
the Northeast
with Companhia Hidrelétrica do
will have a supply available and
Energy Fund, for the expansion
São Francisco (Chesf). Beginning
guaranteed on competitive terms
of the renewable energy matrix
with the
issue of Provisional
until 2037.
Measure No. 677/2015 converted
in the region, guaranteeing a
long-term structured solution for
into
Law
13,182/2015
and
The
extension
agreement
regional and national industrial
based on a history of decades
with Chesf and
the Federal
development.
The electricity supply agreement
with Chesf is valid until 2037 and
includes the creation of a fund for
investing in energy generation
primarily in the Northeast
Renewal of the naphtha supply contract
At the end of 2015, Braskem
of a volume of seven million tons
uncertainties
in
the political
managed to end a long impasse
of naphtha annually at a price
and
economic
environment
with
Petrobras
concerning
of 102.1% of the international
surrounding the
industry, and
the supply of naphtha,
the
reference, ARA8.
thus, avoiding shutdowns of
raw material
for producing
petrochemical plants.
thermoplastic
resins.
The
Despite the fact that the new
negotiation, which lasted over
contract does not fully reflect
In order to maintain competitive
two years and required contract
the
conditions necessary
to
conditions,
the contract with
amendments
to
enable
the
ensure the competitiveness of
Petrobras provides renegotiation
continuity
of
petrochemical
the chemical and petrochemical
rights to both parties if certain
operations, came to its end with
industry, Braskem
considered
market conditions change after
the signing of a new contract with
the signing of the agreement an
the third year of the contract.
a term of five years for the supply
important way of reducing serious
8 Term used for prices practiced in the Amsterdam, Rotterdam, and Antwerp markets
Allegations
In early March 2015, Braskem
In view of such claims, the
Exchange Commission-SEC and
learned,
in
the context of
Company proactively initiated an
Department
of
Justice-DoJ)
statements made
in
legal
internal investigation procedure.
and
the Brazilian Securities
proceedings
against
third
Law firms were hired in Brazil
and
Exchange
Commission,
parties, of claims of alleged
and
in
the United States,
in
particular
to
provide
improper payments
to
favor
with recognized experience in
information
and
provide
the Company in raw material
similar cases, to conduct the
documents required by these
contracts
executed
with
process. Since then, Braskem
bodies within the competence of
Petrobras
between
2006
has had frequent contact with
the DoJ and SEC.
and 2012.
U.S. authorities (Securities and
To learn more, visit
Braskem > Investor Relations
41
2015 | Braskem | Annual Report Operating results
by segment
Basic petrochemicals
In 2015, although influenced
competitive crackers based on
showed growth compared to
by the incident in central São
naphtha in the international
the previous year, especially
Paulo (learn more about the
market due to the drop in the
in the production of propylene
incident on page 64) and raw
price of oil and naphtha, and
and paraxylene influenced by
material supply problems at the
the Company's ability to export
the high average rate of the
Rio de Janeiro site, ethylene
the surplus not absorbed in the
use of the crackers. In this
production reached 3.4 million
domestic market.
context, sales of ethylene/
tons, which was 4% above 2014.
propylene showed 1% growth.
The main factors were good
The production
volume of
In turn, BTX and butadiene
operating performance, more
main basic petrochemicals also
sales in 2015 grew by 2%.
Production
2015
2014
Total Sales
2015
2014
Ethylene
3,357,078
3,237,886
Ethylene/ Propylene
965,154
957,123
Propylene
1,389,796
1,306,636
Butadiene
385,514
378,853
Butadiene
389,272
374,827
BTX*
1.037,307
1,012,091
BTX*
1,031,280
1,013,873
BTX: benzene, toluene, para-xylene and ortho-xylene. Sales of ethylene and propeline are significantly lower than production because
part of these products is intended for Braskem's second generation units.
42
2015 | Braskem | Annual Report Polyolefins (PE and PP)
Heavily impacted by the weak
4.2 million
tons, which was
market, decreased 3%, totaling
performance
of
Brazilian
4% above
that
recorded
in
2,833,000
tons. The market
economic activity in 2015, the
2014, proving high rates of use
share recorded in 2015 was
estimated demand for polyolefins
recorded over the year and the
73%, a gain of 2 p.p. compared
(PE and PP) was approximately
Company's capacity to export
to 2014. Exports, in turn, totaled
3.9 million tons, a decrease of
the volume not absorbed by
1,307,000 tons, an increase of
5% compared to 2014. In 2015,
the domestic market. Braskem's
22% compared to 2014.
production
volume
reached
polyolefins sales, in the domestic
2015 x 2014 (%)
Sales Domestic
Market
Sales Foreign
Market
Production
(22)
(4)
(3)
PE + PP
Vinyls
In
2015,
the
approximate
crisis. PVC production volume in
competitive export opportunities,
Brazilian demand for PVC was
2015 was 542,000 tons.
Braskem began to export PVC.
about 1,046,000 tons, a decrease
The total volume of the resin sold
of 16% compared to the previous
During this period, Braskem sales
in the foreign market was 65,000
year. The infrastructure and civil
in the domestic market totaled
tons. A total of 436,000 tons of
construction sectors, major resin
529,000 tons, a decrease of
sodium hydroxide were produced
consumer markets, were those
20% compared to 2014, and the
in 2015 and the Company's sales
that most suffered
from
the
market share was 51%. In 2015,
totaled 435,000
tons
in
the
effects of the year's economic
by taking advantage of more
Brazilian market.
2015 x 2014 (%)
Sales Domestic
Market
Production
(20)
(5)
(15)
(3)
PVC
Liquid Soda
43
2015 | Braskem | Annual Report The United States and Europe
In 2015,
the North-American
PP in Europe grew 5.18% during
receiving raw materials brought the
demand
for
polypropylene
the year. Industrial productivity
volume of PP production in 2015
(PP) showed 5.5% growth
in
improvement actions, such as
to a growth of 6% compared to
comparison to 2014. The good
identifying
the products most
the previous year. Sales volume
performance is a reflection of the
adequate for each plant, optimizing
in 2015 was 6% higher, following
increase in competitiveness due
the level of production of each
the increased availability and the
to the reduced price of propylene
product (faster production of these
improved economy, especially in
(raw material for PP production) as
products), and initiatives towards
the United States.
a result of oversupply. Demand for
reducing logistical bottlenecks when
Sales
2015
2014
VAR.
1,973,274 1,862,560
6%
Production
2015
2014
VAR.
1,967,028 1,855,676
6%
PP
PP
Value Added Statement
BRASKEM S/A (Values expressed in thousands of Reais)
Consolidated
Holding
2015
2014
2015
2014
Revenue
53,115,698
52,761,200
39,023,849
31,527,548
Gross sales of products and services
53,803,890
52,689,183
39,342,353
31,229,283
Other net (expenses) revenue
-636,824
153,095
-272,015
376,346
Provision for doubtful debtors
-51,368
-81,078
-46,489
-78,081
Inputs acquired from
third parties
-42,208,079
-45,412,436
-29,807,759
-26,984,572
Cost of goods and services sold
-40,772,490
-43,912,319
-28,680,882
-17,151,231
Materials, energy, outsourced
services and other
-1,436,092
-1,503,512
-1,117,036
-9,836,363
Recovery (loss) of value of assets
503
3,395
-9,841
3,022
Gross value added
10,907,619
7,348,764
9,216,090
4,542,976
44
2015 | Braskem | Annual Report Depreciation, amortization
and depletion
Net value added produced
by the entity
-2,114,929
-2,056,362
-1,774,973
-1,317,928
8,792,690
5,292,402
7,441,117
3,225,048
Value added received in transfer
1,703,502
359,861
3,948,130
1,566,965
Results of equity income
2,219
3,929
752,037
621,002
Financial income
1,701,027
355,221
3,196,009
945,580
Other
256
711
84
383
Total value added
for distribution
10,496,192
5,652,263
11,389,247
4,792,013
Payroll
1,209,732
1,095,545
740,476
521,546
Direct remuneration
943,263
836,525
551,092
394,135
Benefits
204,766
196,911
129,871
85,102
Government Severance Indemnity
Fund (FGTS)
61,703
62,109
59,513
42,309
Taxes, fees, and contributions
1,968,053
902,864
2,296,187
476,470
Taxes, fees, and contributions
1,668,930
522,134
1,500,585
172,160
Estaduais
Municipais
276,024
363,551
784,988
295,334
23,099
17,179
10,614
-24
Remuneration of
third-party capital
Financial charges
(includes exchange variation)
4,419,627
2,927,553
5,212,273
2,938,933
4,173,254
2,708,331
5,007,564
2,775,028
Lease
246,373
219,222
204,709
163,905
Remuneration of own capital
2,898,780
726,301
3,140,311
864,064
Net income for the period
3,140,311
864,064
3,140,311
864,064
Share of non-controlling shareholder
in Braskem Idesa
-241,531
-137,763
-
-
Value added
distributed
10,496,192
5,652,263
11,389,247
4,792,013
For more information, visit
Braskem > Investor Relations > Results
45
2015 | Braskem | Annual Report GOVERNMENT
G4•EC4
Braskem believes in ongoing dialogue
between the government, civil society,
and partners from the private sector as
the best way to overcome the barriers
hindering the Country's sustainable
development. Therefore, the Company
has expanded its institutional field
of action, increasingly assuming the
role of a citizen Company, responsible
and motivated to propose solutions
for the main challenges concerning
the business sector. Braskem includes
entities with a specific scope of
activity from different links on the
petrochemical industry's production
chain and the industry in general:
•
•
concerning
Brazilian
Industry
Chemical
Association (ABIQUIM): discusses
topics
the first
and second generation on the
petrochemical chain;
Industry
Plastic
Brazilian
Association (Abiplast): focuses
on
the
manufacturing industry;
concerning
topics
• National
Confederation
of
Industry (CNI): promotes debate
forums about the entire industrial
sector;
Council
Business
Brazilian
for Sustainable Development
(CEBDS), among others, in the
of macro-economic
context
policies.
•
It is important to highlight the
performance of Braskem with
other national entities such as the
Ethos Institute, GVces, CEMPRE
and Plastivida, and
international
organizations such as ICCA, ACC,
information
among others. More
can be
about
found
Voluntary
the
Commitments section.
these entities
in
incentive program
Another
that
had been very well received by
the production sector mid-2014,
but suffered a setback in 2015,
was Reintegra (The Special Tax
Reintegration Regime for Exporting
Companies), which
a
percentage of revenue from foreign
sales to exporters of manufactured
goods and compensates them for
indirect taxes.
returns
Braskem
in actions
continued
In
2015,
participating
toward
defending the chemical and plastic
production chain, prioritizing the
Country's
concerning
challenges
logistics, infrastructure, and energy,
topics linked to industrial policy.
The Special Chemical Industry Regime
(Reiq), an industry claim approved by
the Brazilian Federal Government in
2013, remained on the agenda as
one of the pillars of the industry's
competitiveness
recovery project.
It provides exemption from PIS-
Confins when acquiring raw materials
for first and second-generation
petrochemicals, benefitting around
50 companies, Braskem among
them. Thus, throughout the year,
the Company prioritized the topic,
focusing
fully maintaining
the measure for years to come.
on
Created in 2011 as a temporary
mechanism, Reintegra had a rate of
3%. Beginning in 2014, by decision of
the Federal Government, the regime
was permanently implemented with
variable rates that could vary up
to 5% of the revenue of exporting
companies providing evidence of
their export activity.
the change announced
This rate of credit return, effective
from March 1, 2015 to December
31, 2016, should be at 1%. However,
with
in
September 2015, the rate in effect
changed from 1% to 0.1%, valid from
December 1, 2015 until December
31, 2016. According to the decree,
beginning January 2017, Reintegra
will rise to 2%, and again to 3% in
January 2018.
R$/thousand
2013
2014
2015
Total tax incentives / credits1
280.650
125.734
173.887
• PRODESIN - ICMS
• REINTEGRA
Grants for investments, research, and other relevant
types of concessions2
FINEP
FINEP Award
ECAs (financial aid from export credit agencies)3
50.908
60.033
71.614
229.742
65.701
102.273
6.518
1.623
6.518
1.550
468.000
1.623
-
-
-
-
-
-
1 –Tax incentives/credits: federal tax refund by the REINTEGRA program and ICMS tax incentives, conceded by the government
of Alagoas, through the Integrated Development Program for the State of Alagoas – Prodesin.
2 –Grants for investments, research, and development: FINEP awards and financing for innovation projects.
3 – ECAs financial aid [export credit agencies]: risk insurance transaction made with Nippon Export and Investment Insurance
(NEXI – Japanese agency) for investment in maintenance and the butadiene project.
46
2015 | Braskem | Annual Report PEOPLE AND
PROCESSES
Braskem is committed to practicing responsible management
with all its stakeholders. In this way, the Company works to
ensure the professional development of its Team Members,
without ignoring the strictest safety and protection standards
for people and the environment.
To Braskem, investing in people
From
the operational point
origins, waste, means
of
is
fundamental
to ensuring
of view,
risks
inherent
to
disposal, equipment, and most
the growth and perpetuity of
petrochemical
industry
importantly,
protecting
the
the business. Operating
in
production also require intense
people who made the whole
an industry subject to global
focus on personnel management
process work. To Braskem, safety
trends, the Company needs high
in order to ensure safety. It is
is a primary concern and treated
performance
teams,
capable
a topic that goes beyond paying
as the most important macro-
of
anticipating
challenges,
attention to the different stages
objective related to sustainable
maximizing opportunities, and
of
the production process,
development.
mitigating risks.
and
includes
the products,
TEAM MEMBERS
G4•LA12 | G4•10 | G4•LA1 | GLOBAL COMPACT • PRINCIPLE 6
People are at the center of
the
Company's
personnel
At the end of 2015, Braskem had
Braskem's growth strategy. In line
management seeks to strengthen
7,995 Team Members. Of that
with TEO values, the Company
the belief in the chemical and
total, 6,4019 worked at industrial
believes in the entrepreneurial
petrochemical
industry as a
units and offices located in five
spirit of its professionals and
creator of sustainable solutions
Brazilian states, 680 in the United
the
transformative
potential
for
improving people's
lives
States, 701 in Mexico, 174 in
of
education
as
primary
and more effectively attracting,
Germany, and 39 in international
sources of the evolution of its
integrating, and developing its
commercial offices10.
business. Focused on growth,
Team Members.
9 Including quantiQ, Brazilian distributor of chemical and petrochemical products directly and indirectly 100%
controlled by Braskem.
10 Since they constitute a small portion of the Braskem workforce – 39 Team Members – the Company opted to insert
simplified data, as follows: in all, Braskem's International Offices have one Team Member at the operational level, 27
administrators, and 11 Leaders. The majority (30 professionals) is between 31 and 50 years old, nine are under 30, and 23 of
them are men and 16 women.
48
2015 | Braskem | Annual Report TEAM MEMBERS BY GENDER 1
Men
Brazil2
United States
Germany
Mexico
Total
4,995 (78%)
556 (82%)
113 (65%)
552 (79%)
6,239 (78%)
TEAM MEMBERS BY JOB CATEGORY 3
Operational/technical
Brazil
United States
Germany
Mexico
Total
Administrative
Brazil
United States
Germany
Mexico
Total
Leaders
Brazil
United States
Germany
Mexico
Total
Men
3,935 (89%)
267 (92%)
68 (77%)
406 (87%)
4,677 (89%)
Men
598 (43%)
225 (74%)
31 (46%)
78 (52%)
945 (49%)
Men
462 (76%)
64 (75%)
14 (78%)
68 (83%)
617 (77%)
Women
1,406 (22%)
124 (18%)
61 (35%)
149 (21%)
1,756 (22%)
Women
475 (11%)
22 (8%)
20 (23%)
63 (13%)
580 (11%)
Women
788 (57%)
81 (26%)
37 (54%)
72 (48%)
992 (51%)
Women
143 (24%)
21 (25%)
4 (22%)
14 (17%)
184 (23%)
BRASKEM GOVERNANCE BODIES
Age bracket
Men
<=30 years old
0 (0%)
31-50 years old
9 (69%)
>=51 years old
16 (100%)
Total
25 (86%)
Women
0 (0%)
4 (31%)
0 (0%)
4 (14%)
Total
0
13
16
29
(1)There are only 29 Team Members under temporary contracts. The others are hired for an undetermined amount of
time. The majority work full time; only 11 work part-time.
(2) 98.8% of Team Members in Brazil are covered by collective bargaining agreements, 41.8% in Mexico, and 9.7% in
the USA.
(3) The following positions are included in each work category: Operational/technical: Team Members who operate the
plants, engineers, and chemists; Administrative: Team Members working in the business departments, such as: Human
Resources, Finance, Institutional Relations, Legal, etc.; Leaders: coordinators and above who have subordinates.
Including quantiQ, Brazilian distributor of chemical and petrochemical products controlled by Braskem.
Learn more about Braskem’s Team Members on pages 139 to 142
49
2015 | Braskem | Annual Report Management connected to local communities
G4•EC6
Braskem understands the importance
learn about all
its operations,
Braskem also has teams dedicated to
of having local Leaders to ensure
valuing transfers to other units
Institutional Relations that maintain
good comprehension of the needs
as a way of disseminating best
an ongoing open dialogue with these
of
the Community, whenever
practices and increasing Company
communities, not only monitoring
possible, and seeks to hire local
cohesion. To ensure operations are
concerns and potential negative
people. The Company also believes
in tune with reality and the needs
impact, but also working on projects
that it is important that its Leaders
of the communities around them,
focused on human development.
TEAM MEMBERS OF SENIOR MANAGEMENT
FROM LOCAL COMMUNITIES
Brazil
United States
Germany
Mexico
International offices
Total geral
52%
Not available
63%
21%
38%
49%
Note: Leaders born on the same state in which they are currently working.
Recruitment and selection
Braskem maintains a set of
generating 25,500 registrations.
the
training program aims
to
programs aimed towards those
Over
the year, 234
college
form talent that may accompany
who chose the Company as the
students
joined
the Company,
the growth of the business. The
place to take the first steps in
which closed 2015 with 321 active
Associate Program in the United
their professional lives. In Brazil,
college interns. The Young Partner
States worked on the development
carried out in partnership with
program also included 41 trainees
of nine students from the classes
the
Odebrecht
Organization
in
the Company's workforce,
of 2014 and 2015 and hired 10
since 2014, Jovem Parceiro - JP
meeting the need for new talent in
new people for the class of 2016.
(Young Partner) is an integrated
several areas.
program for interns and trainees
Braskem
remains
committed
that guarantees exclusivity
to
Also focusing on the early career,
to
investing
in
training
interns
for
trainee positions,
the Youth Program
in Mexico
specialized
technical
labor
for
strengthening
the
importance
(Programa de Jóvenes) included
the
petrochemical
industry,
and value of the internship stage.
69 college interns and 10 trainees
supporting the excellence of its
In 2015, over 50,000 students
who had the opportunity to learn
operations and its growth strategy,
contacted the Company, resulting
more about Braskem
Idesa.
developing its local communities,
from
interaction with
learning
Composed of 16 hours of training
and strengthening the production
institutions and students bodies,
and 15 hours of coaching sessions,
chain. In 2015, Braskem operated
50
2015 | Braskem | Annual Report with
the
Brazilian
Federal
of 560 openings were created
stage carried out by SENAI,
Government through PRONATEC
in specialized technical training
practical stages are carried out
(National Program
for Access
courses in order to strengthen
through internships at Braskem,
to
Technical
Education
and
the chain of Suppliers and service
and the course lasts a total of
Employment). The partnership
providers, and 270 openings in the
approximately a year and a half.
guaranteed
the
government
Operator Training Program, aimed
During the past three years, 35%
investment of R$ 2.4 million in the
at people who would like to begin
of the 1,058 people who joined the
theoretical stage, carried out by
an industrial career.
program were hired by Braskem,
SENAI, of technical courses offered
supporting the sustainable growth
to
the Company's neighboring
The Operator Training Program has
of the business through developing
communities. In 2015, a total
three stages. After the theoretical
qualified local labor.
Local development in Brazil
In addition to promoting the
formation of new professionals
in
through
its
communities neighboring
PRONATEC
Braskem
plants,
industrial
strengthened
relationship
its
with local technical education
visits,
institutions
through
lectures, and participating in trade
fairs, aiming to attract people to
the Young Operator and Young
Technician programs.
For more information, visit
Braskem > Careers
New hires and terminations
G4•LA1 | GLOBAL COMPACT • PRINCIPLE 6
In 2015, Braskem hired 562
The overall hiring rate was 7%,
The primary metric followed by
people in the countries where
which was 9.2%
for women
the Company for its management
it operates. Considering
the
(opposed to 13.6% in 2014),
is
the
rate
of
voluntary
termination of 685 professionals,
and 6.3%
for men (a drop
termination, which globally was
the
Company
reduced
its
compared to the 8.6% from the
2.4%. In Brazil, the 1.9% result
workforce by 121 people, the
previous year). The decrease in
in 2015 followed the downward
majority of which due to the
the entrance rate was also due
trend of recent years. The main
Aprimore Project carried out over
to decelerated hiring in Mexico,
reasons given by members for
the year. The overall termination
which in 2015 closed its staff
their leaving were to seek new
rate was 8.6%, which was 10.8%
of Team Members necessary for
challenges (37%) and personal
for women (10.5% in 2014), and
starting the operation.
reasons (35%).
7.9% for men (8.9% in 2014).
BRASKEM VOLUNTARY TERMINATION RATE 2015
COUNTRY
Brazil
United States
Germany
Mexico
Total
MEN
1.5%
6.1%
1.8%
2.2%
WOMEN
OVERALL
3.4%
6.5%
4.9%
2.7%
1.9%
6.2%
2.9%
2.3%
2.0%
3.6%
2.4%
51
2015 | Braskem | Annual Report Training and development
Braskem's educational programs
of
challenges with growing
training, which may
include
focus on the development of
complexity,
not
necessarily
technical, undergraduate, and
teams and are aligned with the
characterized as a
rise
to
graduate
courses), and On-
Company's business needs and
hierarchical positions.
the-job Education, which will
strategic objectives. There
is
be developed over the year. In
specific planning
for different
All Team Members have an
2015,
the Company
invested
moments in the Team Members'
Individual Development
Plan
approximately R$ 19 million in
careers, and
the process
is
in which Education
for Work
several training actions in its
understood as a
succession
actions are specified
(formal
countries of operation.
Some of Braskem's main training programs include:
Leadership Development
Leadership Workshop for
Culture and Integration
Programs (Global)
Sustainable Development
Program (Braskem America
Braskem works with Leadership
(Global)
and Europe)
Trails, a set of structured programs
trains Team Members on
the
training new Team Members in
according to the Leader's stage
topic and seeks to engage them
company culture and values. In
of development. In 2015, a total
in
implementing
the Company's
2015, there were four sessions
of 147 Leaders were trained in
sustainability strategy. With 90% of
and 95 participants in the United
programs focusing on the first
Leaders in Brazil trained in 2014, the
States, and three sessions with 33
two stages of leadership in Brazil,
focus in 2015 was to reach the same
participants in Europe.
the United States, Germany, and
level of coverage in Mexico and the
Mexico. In addition, in the United
United States, thus training 104 Team
States and Europe, the programs
Members in the United States, and
with a shorter duration were
80 in Mexico. In Brazil, customized
expanded, such as the Leader's
workshops were held for the Services
Forum, providing more frequent
and Personnel teams, involving 47
opportunities for Leaders to share
people.
their experiences.
Technical Skill
Entrepreneurs Development
Development (Brazil)
Program
seeks to strengthen and enhance
carried out in Brazil in partnership
the technical skills of its industrial
with other businesses from the
teams. In 2015, over 2,090 Team
Odebrecht
Organization,
the
Members were involved in training
program enables participants from
actions about industrial processes
several companies to interact and
and equipment. These actions
share their knowledge. In 2015,
included 41
technical seminars
the program
trained six new
with 497 participating operators,
professionals.
117
forums with over 1,000
participants, as well as training for
Company Integration
and PDI Program
(Braskem Idesa, Mexico)
270 hours of training for 142 new
Team Members. In addition, about
21,300 hours were dedicated to
PDIs
(Individual Development
Plans) training on and for the job,
focused on technical knowledge
and developing skills that Team
Members need to meet their goals.
Leadership Training
Program (Brazil)
focused on labor and union issues,
action and prevention in conflict
management, and legal aspects.
Trained
323 Team Members
429 Team Members in a portfolio of
in 2015.
online courses with 24 topics.
52
2015 | Braskem | Annual Report Performance
and career
management
All Braskem Team Members
have an Action Plan built with
his or her Leader with goals
to be developed and reached
throughout the year. Composed
of
the Planning, Agreement,
Monitoring,
Evaluation,
and
Final Assessment stages,
the
evolution of
results may be
reviewed and renegotiated during
the process, as long as the final
assessment takes place as a
dialogue between the Leader and
the Led. Reaching the goals and
their alignment with TEO values
determine
the
professional's
variable remuneration.
This practice, combined with
the Life and Career Plan, also
developed in partnership with
the Leader, encourages the Team
Member to take on increasingly
more challenging Action Plans,
promoting his or her growth,
career
development,
and
perpetuity of the business.
Braskem: one of the best
companies to work for
In
2015,
Braskem was
reference in the selection and
recognized
in Brazil,
the
recruitment of professionals at
United States and Mexico by
the onset of their career. In the
awards focused on personnel
United States, the Company
management. In Brazil, the
received the Top Work Places
Company was listed in the
award, issued by Workplace
ranking “The Best Companies
Dynamics, and
in Mexico,
to Begin a Career” in the Você
Braskem Idesa ranked fifth on
S/A guide, organized by the
the “Empresa de los Sueños
Institute of Administration
de los Jóvenes”, by Cia. de
Foundation
(FIA-USP) and
Talentos.
Cia. de Talentos, a company of
53
2015 | Braskem | Annual Report Remuneration
G4•EC5 | GLOBAL COMPACT • PRINCIPLE 6
Braskem Team Members receive
Member's job performance. The
Braskem
contributes
to
fixed
compensation, benefits,
remuneration strategy is linked to
generating high quality jobs for
and
variable
compensation
the following assumptions:
the growth and development
pegged to the Company's results
•
Equality: compensates
of the communities where
it
and meeting goals defined in
proportionally, according to
operates. In the following chart,
the individual Action Plans. The
skills, professional training,
see
the comparison between
Company values diversity and
and impact on results.
the entry salary according to
does not tolerate any type of
•
Competitiveness: meeting
Company policy, and minimum
discrimination based on sex,
market standards.
wage in the locations where the
gender
identification,
sexual
•
Effectiveness: cost
Company operates.
orientation, race, marital status,
effectiveness for the
family
structure, physical or
Company.
mental
condition, nationality,
•
Sustainability: commitment
social
class, age, or other
to business continuity.
aspects not related to the Team
COMPARATIVE DATA BETWEEN THE LOWEST ENTRY
SALARY AND LOCAL MINIMUM WAGE11
BRAZIL (Braskem only)
QUANTIQ
UNITED STATES
GERMANY
MEXICO
SP
RJ
BA
AL
RS
1.7
2.2
1.6
1.5
1.8
1.1
2.9
2.0
3.6
11 The lowest salary offered to a Member is based on Braskem's salary table, not reported by
gender because there are no differences; (2) Brazil's minimum wage is the minimum for the
category according to the company's union agreement; (3) the minimum wage in the United
States, Germany, and Mexico is the national minimum wage; historical data from Germany are
not shown because until 2015 there was no minimum wage.
Destaque Award
In
order
to
disseminate
which
were:
Innovation,
first in the Innovation category,
knowledge
and
recognize
Young
Members/Associates,
with the project “Innovation
work carried out by its Team
Environment,
Community
Bringing Productivity to Brazilian
Members, Braskem participates
Relations, Knowledge Reuse,
Citriculture,” developed by Team
in
the Odebrecht Destaque
Occupational Health and Safety.
Members from the Polyolefins
(Highlight) Award, issued by
Unit
(UNPOL). The project
the organization since 1992. In
In 2015, the Image category was
combined the use of plastic in
2015, a total of 822 projects
created, which seeks to share
agriculture
to develop
roots
were
registered, 338
from
projects that positively affect the
and enhance plant growth. The
Braskem (41%). Registrations
Odebrecht brand in the eyes of
result showed a 50% increase
were carried out by category,
its stakeholders. Braskem ranked
in productivity.
54
2015 | Braskem | Annual Report Diversity
GLOBAL COMPACT • PRINCIPLE 6
As part of its commitment to
On the career development pillar,
developed initiatives to include
the promotion and protection
the Company developed
the
women in the recruitment and
of human rights in its business,
Braskem Women's Forum. The
selection
process,
leadership
Braskem understands fostering
initiative included the participation
training and development, social
gender equality as an issue of
of 350 Team Members from every
and
economic
development
great importance and assumes its
region in Brazil that met with
projects in local communities, and
responsibility to work proactively
female Learders for a moment
carrying out awareness actions
based on the following beliefs:
of
reflection and
inspiration
about sexual violence against
•
It
is necessary to
invest
men and women when seeking
engaging Team Members and
about career and challenges for
women, and breast
cancer,
in an environment where
balance between their personal
the Community.
women have
access
to
and professional lives.
job
opportunities where
In the United States, the Company
they may develop, as a
In addition, two internal surveys
created BAWI – Braskem America
support structure allowing
were carried out in Brazil: a
Women's
Initiative, which
is
everyone to take on multiple
survey of all Team Members
committed
to supporting
the
responsibilities.
who had been pregnant,
in
advancement and development of
•
Valuing gender diversity is
order to better understand their
Team Members, aiming for a more
not only enriching to the
needs, and a survey of working
balanced distribution of gender
work environment, but also
conditions
for women at the
in
the Company's operations.
essential
for
the growth,
industrial plants. The two surveys
Dialogue sessions were created
survival, and perpetuity of
generated
input
for defining
-Lunch&Learns and Leader Panel
the business.
actions such as developing a
– to encourage the debate about
guide to the Company´s policies
challenges and opportunities.
Based on these beliefs, in 2015,
and practices regarding paternity
BAWI will promote education,
Braskem began
the Women
and maternity, the structure of
training, and enrichment of
at Braskem Program, the first
milk pumping rooms, the creation
knowledge, aiming to accelerate
front in the Diversity Program.
of exclusive parking spaces for
women's
advancement
to
Actions
developed
by
the
pregnant women at all units,
leadership
positions,
break
program reaffirm the Company's
adapting
operating
uniforms
barriers, and promote gender
commitment to gender equality
for pregnant women, reforming
equality. Engagement in the topic
and women's
empowerment.
the women's bathrooms at the
is also being carried out by the
Structured on the fundamental
Industrial Units, and extending
Clinton Global Initiative, as well
pillars for the work of women, the
the fully paid maternity leave to
as in partnership with Ellevate, a
program discusses issues such
180 days for all pregnant women
global network of 30,000 women
as maternity and paternity leave,
in the units in Brazil.
in 82 countries, to connect its
career development, health and
In Mexico, Braskem Idesa, in
members with more
female
well-being, and supply chain.
partnership with the World Bank,
professionals.
Women's Empowerment Principles
In 2015, Braskem took one
the Women's Empowerment
company in the direction of best
more important step toward
Principles. The UN Women
practices in equality proposed
increasing the visibility of its
initiative
and
the Global
by these two institutions.
global commitment by signing
Compact help to guide the
55
2015 | Braskem | Annual Report Health, Safety, and
the Environment
Excellence,
efficiency,
and
a culture of risk prevention based
ongoing
development
of
on discipline and respect
for
improvements are
terms
that
safety processes and procedures.
define Health,
Safety,
and
In order to maintain excellence
Environment (HSE) management
in its HSE procedures, Braskem
at Braskem. This concern for
carries out ongoing improvement
people and
the environment
and
advancement work
in
is part of the Company's work
SEMPRE's five
implementation
assumptions, and therefore, since
stages, in order to prevent and
2005, Braskem has operated in
minimize
risks and personal,
an integrated manner through
environmental, and material loss.
SEMPRE – Integrated System
The system is focused on work
of Health, Safety, and
the
and process safety, logistics, the
Environment – composed of 16
environment, chemical
safety,
Strategic Elements that mobilize
health, occupational hygiene, and
Leaders and teams to incorporate
quality of life.
56
2015 | Braskem | Annual Report Evolution in the implementation phases of SEMPRE (in %)
Taking
into
consideration
on previous results, levels of
2018 and places the majority of
the unit's profile, as well as
risk, and the improvement of
plants at levels of performance
its
respective
risks, Braskem
performance in health, safety,
that are safe and on the way to
establishes annual goals
for
and environmental
indicators.
operational excellence.
progress. Its evolution is based
Today, this forecast goes until
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
Diagnosis
Stage 1
Stage 2
Stage 3
Stage 4
Stage 5
2013 2014 2015 2016 2017 2018
SEMPRE Stages
3. Prevention of big losses
1. Construction of HSE bases
4. Performance assured in HSE
2. Prevention of personal losses
5. High performance in HSE
As a way of guaranteeing the
units were certified meeting the
the industrial units, focusing on
standardization of processes and
planned standards. In addition,
logistics operations.
the implementation of the system
57% evolved compared to 2014.
at all units across the world, annual
Today, 80% of units are at stage
Progress
in
the
systemic
audit processes were established
3 and 13% are at stage 4 and
implementation of SEMPRE has
that take the following points
7% at stages 1 and 2. It is worth
been accompanied by the gradual
into
consideration:
Strategic
noting that all audits were carried
and consistent improvement of
Elements, SEMPRE Guidelines
out in an integrated manner,
results in Health, Safety, and
and Procedures in alignment with
including
culture
diagnostic,
the Environment, as well as
Quality and Productivity, and
with an Integrated Management
strengthening
of
operational
Verifying Obstacles for process
System, Atuação Responsável®
discipline, leading by example,
safety risk scenarios.
(Responsible Operation), and
and
a
leading position
in
Braskem+, and that all specific
loss prevention
in the global
SEMPRE audits were carried
audits
for Braskem Terminals
chemical industry.
out 100%, and 88% of the
were carried out separately from
For more information, visit
Braskem > Health, Safety, and the Environment
57
2015 | Braskem | Annual Report Investments and financial gain12
In 2015, R$ 114.43 million were invested in Health, Safety, and Environment projects.
TOPIC
AMOUNT
INVESTED
(R$ million)
NUMBER
OF
PROJECTS
DESCRIPTION
AMOUNT
INVESTED
(R$ millions)
PP5 Duque de Caxias (RJ): new aeration system for the 500t silo
10.28
MAIN PROJECTS
Work safety
65.6
235
PP1 Triunfo (RS): new aeration system granulated silos
Purchase of a Stuffing Box (Plenum) for the GI-4101A gas
turbine exhaust
PE 5 SLR RS: new tools and new lines for removing hexane from
the flare
Process
safety
13.05
34
UNIB 2 (RS): Flame Sensor Installation in 46GV01
UNIB 3 (ABC): Elimination of risk scenario in C3 storage bullets
(FB-24 A/B/C/D)
CS 1 (AL): Installation of synthetic diaphragm
UNIB 3 (ABC): Modification of the design of pumps with Benzene
concentration
UNIB 1 (BA): Installation of new closed circuit dials at benzene
points 1% v/v
UNIB 2 (RS): Purchase of new equipment for reducing emissions
in TERG
UNIB 3 (ABC): Technological improvements in the Effluent
Treatment Unit
PP 7 Neal (West Virginia, USA): Spent Scrubber Oil System
5.95
3.65
2.16
2.04
1.51
1.99
0.56
0.46
9.00
7.83
2.74
Health
4.65
22
Environment
31.13
39
HSE management also includes
monitoring
savings and costs
avoided
through
improvement
2015, this work resulted in gains
of approximately R$ 136.80 million
in operations in Brazil, the United
States, and Germany.
projects developed by the area. In
Safety
TOPIC
2014
2015
Work Safety
Process Safety
Health
Occupational Health
Environment
Waste generation
Water consumption
Effluent generation
0.6
7.9
37.1
53.7
1.9
0.6
-27.0
19
13.5
7.2
6.2
Energy consumption
307.6
116.8*
GHG emissions
Common impact
Management
4.5
14.0
4.1
-
0.0
0.5
431.4
136.80
HSE
Total
*Built-Economy in energy consumption economy.
12 Most of these values is in addition to amounts invested in environmental protection reported in the indicator GRI G4 - EN31,
where the focus is on waste disposal costs, emissions treatment, remediation costs and costs of prevention and environmental
management.
58
2015 | Braskem | Annual Report
SAFETY
Safety
is
a non-negotiable
for Sustainable Development
process safety, but also the safe
value at Braskem. Guaranteeing
and
is a
fundamental point
use of its products and waste
safety
in
every phase of
in relationships with all of its
generation, since the Company
the process
is part of
the
stakeholders. To Braskem, safety
produces hazardous waste.
Company's
macro-objectives
includes not only work and
Occupational Health and Safety
G4•LA6
To guarantee
the
efficiency
Braskem has not recorded any
figure represents an improvement
of
its actions, especially at
fatal accidents at the Company
of 32% compared to the result
its production units, Braskem
for the past five years, and 63%
in 2014 and exceeds the goal of
has solid Health and Safety
of the industrial plants have not
0.80 established for 2015, which
management that involves all of
recorded lost-time accidents for
was already considered highly
its managers,
representatives
over two years. The reduced
challenging compared
to
the
from
operating
teams,
number of employee accidents
chemical industry average in Brazil.
commissions, and committees.
represented an avoided cost
Among the most important tools
of R$ 600,000, based on costs
Regarding accidents with greater
is Behavioral Dialogue, which
recommended by
the NSC
-
severity (where
the employee
involves
teams
in discussions
National Safety Council
needed medical
leave),
there
about how to minimize risk and
was also great progress: the rate
improve safety procedures. In
With an accrued reduction of 93%
of lost-time injury rate (CAF) per
2015,
approximately
117,627
between the years 2002 and 2015,
million hours worked was 0.26, a
behavioral dialogues were carried
the rate of accidents with and
higher result than the 0.14 from
out, an average of one every four
without lost time was 0.68 per
2014, but represents an accrued
minutes. This figure represents a
million hours worked (including
reduction of 92% between 2002
rise of 11% compared to 2014.
Team Members and Partners). This
and 2015.
Injury Rate Without Lost Time + With Lost Time
(1,000,000 HHT)
8.49
7.52
6.53
6.13
4.85
4.93
4.63
11
10
10.07
9
8
7
6
5
4
3
2
1
0
2.02
1.16
1.04
1.04
1.00
0.68
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
59
2015 | Braskem | Annual Report Lost-time Injury Rate
(1,000,000 HHT)
11
10
9
8
7
6
5
4
3
2
1
0
3.06
2.45
2.08
1.70
1.70
1.07
0.66
1.01
0.62
0.55
0.35
0.39
0.14
0.26
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
In 2015, the Company invested R$ 79 million in workplace safety and process safety improvement projects,
minimizing the risk of 16 scenarios with a high potential for accidents.
Severity Rate
(Lost Days + Paid x 1,000,000)/mhw
280.000
260.18
268.48
240.000
200.000
160.000
120.000
80.000
40.000
0
184.19
109.68
77.69
52.70
50.94
67.08
41.17
31.01
44.66
30.79
28.55
10.68
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
The
lost-time
injury
rate
In occupational medicine and
convictions in labor health and
(that assesses the severity of
health management, Braskem
safety lawsuit decisions represented
accidents using the number of
recorded zero new cases of
about R$ 19 million. In addition,
days the injured Members miss
occupational illness. This is a result
due to the reduced number of
work) was 28.55 per million
of improvement and awareness
work accidents and occupational
hours worked. This represents
actions with investments of R$ 4.6
illnesses at Braskem from 2012 to
a 90% rise compared to 2014,
million in projects related to the
2013, a new accident prevention
but an accrued reduction of
topic in 2015.
90% between 2002 and 2015,
factor was defined and published
by the Federal Government, a
indicating that the accidents are
The avoided cost of amounts
measure that generated savings of
less and less serious.
disbursed
for
the payment of
about R$ 800,000 in 2015.
60
2015 | Braskem | Annual Report Safety in Logistics
Braskem works
continuously
product families by risk class, the
purpose of reducing the number
on developing and improving
type of equipment used, loading
and consequences of possible
its processes, reassessing all
and unloading operations, at
incidents, improving the safety
logistical
operational
risks
industrial plants as well as
of operations and the entire
focused on reinforcing the HSE
terminals and ports, including
supply chain. In 2015, the main
guidelines
regarding highway
the transport companies and
focus was studying the risks of
and maritime
transport, as
their routes.
well as the storage of chemical
Braskem's priority operations,
involving highway and maritime
products at foreign terminals.
All guidelines about processes
operations, with the consequent
This work considers current laws,
and
equipment
have
the
definition of control barriers.
2015 HIGHLIGHTS
•
Zero
record of
serious
SEMPRE, in order to identify
•
Assessment of
the HSE
maritime accidents involving
risks and define control
Requirements
in Logistics
hazardous chemical products.
barriers.
Contracts
for
Highway
• Reduction of 64% in the
• Defined Corporate Safety
Transport.
rate of highway accidents
Guidelines
for
Logistics
•
Simulations
of maritime
involving hazardous chemical
Operations
Involving
and highway emergencies,
products, compared to 2014.
Hazardous Chemical Products
with
the participation of
• Risk studies carried out
•
Strengthened the Hazardous
civil defense, environmental
for 100%
of products
Chemical Product Logistics
bodies, the fire department,
classified as priority, a total
Suppliers
Corporate
and others.
of 10 products: 46 routes,
Inspection
Procedure
•
Social responsibility on the
eight
transporters, eight
(Transporters and Terminals),
value
chain:
continuous
loading/unloading
areas,
based on guidelines from the
support for the Na Mão Certa
two highway
equipment
Health, Safety, Environment,
program, with
the main
configurations,
and nine
and Quality Assessment
purpose of ending sexual
ships were evaluated.
System, ABIQUIM, and the
exploitation of children and
• HSE
inspections
at
CDI-t (Chemical Distribution
adolescents on Brazilian
maritime
terminals based
Institute).
highways.
on international standards
•
Strengthening of the record and
such as the CDI-t (Chemical
statistical handling of incidents,
Distribution Institute), and
focusing on chemicals.
61
2015 | Braskem | Annual Report Process safety
G4•SO2 | GLOBAL COMPACT • PRINCIPLE 1
In order to ensure safety in
important focus for the year
The Tier 1 accident rate was
all of its processes, Braskem
was developing improvements
0.32. Although it is higher than
carries out advance evaluations
in
criteria, practices,
and
that of 2014, it is still lower
of scenarios
for mitigating
standards, management
of
than average for companies in
potential
risk
and
safe
recommendations,
and
the
the American chemical industry
management of changes. In
pyramid of Process Safety
(0.36 in 2014).
addition, the Company annually
events 13,
as well
as
the
carries out a Critical Analysis
continuity of barrier audits
At the base of the pyramid,
to
for
identify
opportunities
and
the
implementation of
2,823 events were registered,
improvement
and
technical
actions
for
risk
ensuring
strengthened
validate short, medium, and
mitigation for scenarios with
operational discipline. The 8%
long-term strategies.
greater significance.
higher record compared to the
This process is continuously
In 2015, Braskem
recorded
commitment of Team Members
strengthened
by
the
11 Tier 1 events (as shown in
to reducing the number of small
Company's, who work hard on
the table below), an increase
events in order to minimize
managing risks in processes,
compared to the four events
the likelihood of occurrence of
operations, and logistics. An
recorded
the previous year.
events of higher severity.
previous year demonstrates the
TIER
1
2
3
4
Incident with loss of containment and
release of product above cut-off point.
Incident with loss of containment and release
of product below cut-off point.
Incident with small loss of containment or
system failure that could potentially lead to
a process accident.
Deviation of conduct or failure in operational
discipline. Proactive indicator designed to ensure
that protective layers and operational discipline are
intact and reliable.
Process Safety Indicators (Tier 1)14
Number of Accidents
Accident Rate
4
29
11
0.7
0.09
0.32
3
2
1
0
Severity Rate
3.24
3.41
0.25
2013 2014 2015
2013 2014 2015
2013 2014 2015
13 The Pyramid of Events (or Losses) provides the basic necessary theory for understanding the logic of the safety policies
and programs adopted at the companies for loss and/or accident prevention.
14 Tier 1: i) most severe level of accident in the process, according to CCPS (Center for Chemical Process Safety); ii) Number of
Tier 1 Accidents multiplied by 1 million, divided by number of hours worked; iii) Severity of Tier 1 accidents according to CCPS score
multiplied by 1 million, divided by number of hours worked.
62
2015 | Braskem | Annual Report In 2015, R$ 13 million were
strengthening the discipline in
small leaks and deviations in
invested
in process
safety
key aspects of process safety,
process safety, strengthening
improvement
processes.
such as change management,
the
learning and scope of
The outlook for 2016 is for
accident
investigation
and
process events.
continued improvement through
risk
analysis,
monitoring
PROCESS SAFETY INDICATORS (TIER 2)15
Number of Accidents
Accident Rate
91
49
40
2.2
1.13
1.17
2013 2014 2015
2013 2014 2015
Risk Rating
G4•22
In a search for an improved
direct participation of Leaders
Risk Rating
for
its plants,
in prevention actions. We point
Braskem advanced at almost
out that Risk Rating criteria is
all
the plants
inspected by
increasingly more rigorous, so
insurers and reinsurers during
much so that in order to stay at
the year 2015. The
result
the same rating level the plants
achieved is due to the efforts
require continuous improvement.
undertaken in risk management
In the 2014 report, there was
programs, improvements in the
incorrect information concerning
facilities and in safer production
the number of plants classified
processes. These gains are the
as “Above Standard” and of
result of improvements in the
the expected goal, which were
implementation of Management
corrected below:
System for training programs,
internal safety audits, and the
INTERNATIONAL STANDARD
Number of plants rated
Above Standard in 2015:
12.
Total number of plants
rated Standard in 2015:
16.
Total Plants
Above Standard
Standard
2014
2015
10
12
18
16
Braskem does not
have a goal for this
indicator.
Note: determining the number of industrial plants considers the site. Is processes are considered, the number of Braskem plants is 36.
15 Tier 2: i) safety events in processes similar to Tier 1, with loss of primary contention, of lesser significance; in other words, with
smaller criteria, such as: volume of chemicals released to the atmosphere (10% of Tier 1); personal accident without lost time;
cost of material loss associated with fires/explosions (10% of Tier 1), according to CCPS (Center for Chemical Process Safety); ii)
number of Tier 2 accidents multiplied by 1 million, divided by number of hours worked.
63
2015 | Braskem | Annual Report RAPID RETURN TO OPERATIONS AT ABC
Efficiency and
the
levels of
the fire was extinguished in just
have been exported to supply
operational safety management
thirty minutes, without causing
Clients served by the plant in the
at Braskem were highlights of
serious injury to Team Members
ABC region. It is worth noting that
2015. After an incident caused by
or major damage to the location.
the return of operations occurred
the rupture of a pipe in a transfer
only after the implementation of
line from the pyrolysis furnaces,
In addition to the immediate
all measures and improvements
with the leak of a flammable gas
shutdown of the plant, Braskem
recommended by the Braskem
on October 14, the Company
was concerned about maintaining
Investigation Committee
and
returned to operations at the
transparency of the facts with the
verified by competent authorities,
Grande ABC Petrochemical Center
local Community. To this end, the
as well as an inspection carried
in São Paulo (Brazil), just over a
Company distributed newsletters
out by the Ministry of Labor.
month after the fire occurred on
with details about the event to
Since assuming plant operations
November 24.
the residential areas located a
in 2010,
the Company has
three-kilometer radius from the
had
environmental operating
This rapid recovery was due to
plant and provided the population
licenses, as well as ISO 9001
contention work begun just ten
with a direct toll free line.
and ISO 14001 certifications,
minutes after the accident joining
certifying, through independent
members of
the operational
This temporary shutdown of the
auditors, its excellence in quality
team, the emergency brigade,
unit did not leave Clients without
management and environmental
and the local fire department.
supplies,
because
Braskem
management.
Through this coordinated action,
redirected production that would
64
2015 | Braskem | Annual Report Product Safety
G4•PR1 | G4•PR2 | G4•PR3 | G4•PR4
Braskem considers safety to be
other time depending on the
potential social and environmental
one of its biggest competitive
progress of safety information and
impact (such as minerals from
advantages and the Company
the publication of studies about
conflict zones,
regions where
adopts higher safety standards
the products.
disrespect
for human
rights
not only
in
its operational
In
2015,
Braskem made
occurs
associated with
the
processes,
but
also when
advances by improving product
mining, transport, or marketing
considering the use of its products
management,
issuing
specific
of minerals, for example) are
by Clients
in
the different
documents for sensitive products,
not used.
sectors of
the chemical and
and publishing a global position
In the United States, the Company
manufacturing industries.
about Phthalates for key areas.
uses the MSDS (Material Safety
Data Sheet), and
in Europe,
Because of aspects inherent to
Control and updates of product
the SDS (Safety Data Sheet).
petrochemical
products
such
information are available on
Both are items required by the
as
dangerousness,
toxicity,
Chemical Materials Safety Data
regulatory agency in the USA
corrosiveness,
flammability,
Sheet (FISPQs in the Brazilian
(Occupational Safety and Health
sensitivity, environmental impact,
acronym)
and
on
Braskem
Administration, or OSHA) and the
and others, Braskem rigorously
product
labeling,
based
on
relevant policy from the European
identifies impacts when controlling
Brazilian standard NBR 14725
Union (REACH), based on the
the
documentation
provided,
concerning
“GHS Classification
Globally Harmonized System of
the safe handling of
inputs,
and Labeling of Chemical Products
Classification and Labeling of
raw materials, and products,
– contemplating classification for
Chemicals (GHS), created by the
and
information provided
to
products in order to synchronize
UN.
transporters, distributors, and
health, safety, and environmental
Clients.
Safety
procedures
information.” All FISPQs
for
These
FISPQs, MSDS,
SDS
adopted by Braskem focus on
products manufactured
and
were evaluated,
revised, and
reducing impacts throughout the
marketed by the Company are
validated in 2015. The Product
production process through the
updated and may be found on
Stewardship
procedure
(joint
use of technology with fewer
the Braskem website. Recorded
product
management
with
gas emissions, monitoring the
information contains guidelines
the Client) was also enhanced
rate of resource consumption,
about
transport,
handling,
through
the
evaluation
of
waste generation, and the proper
and disposal of each product.
international
requirements
for
treatment and disposal of effluents
Inspection programs,
internal
Responsible Action
programs
and waste. For this, the Company
and external audits, audits by
and the Global Product Strategy,
uses specific tools for analysis and
SEMPRE and the corresponding
coordinated by the International
adopts the necessary measures
action plans prepared based on
Counsel of Chemical Associations.
for mitigating identified risks. It is
the diagnostics of these audits.
This
procedure
establishes
a continuous action, not inflexible,
communication with stakeholders,
with a frequency that may vary
Data on third parties or component
including Clients, and clearly
between the three years defined
origins are not provided because
defines roles and responsibilities.
in an internal procedure and any
substances
with
significant
In 2015, no cases were recorded of non-compliance
with regulations regarding impacts on health and
safety during the life cycle of Braskem products,
including issues related to information sheets and
product labeling
65
2015 | Braskem | Annual Report ENVIRONMENT
GLOBAL COMPACT • PRINCIPLES 7, 8 AND 9
Braskem seeks
to continuously
consumption of energy, water, and
During the year, the Company
develop innovative solutions that
intensity of greenhouse gas (GHG)
invested R$
31 million
in
may generate less environmental
emissions. This way, its indicators
environmental
improvement
impact.
In
201516,
Braskem
for waste and effluent generation
projects, generating savings of R$
continued
investing
in
and
and
energy
consumption
144.4 million in 2015, as a result
implementing
initiatives
toward
and GHG
emissions
showed
of process
improvements with
reducing generation of
liquid
their
best
performance
in
an impact on environmental and
effluents and waste, as well as the
Braskem history.
energy efficiency indicators.
Waste management17
G4•EN23
Due to the potential negative
to plant efficiency. During these
In 2015, waste generation had
impact on the health of people and
events, the teams work on reducing
the best result in the history of
the environment, the reduction
waste generation and adding value
Braskem. During the year, 32,900
and correct disposal of waste is
to the waste that will be generated.
tons of liquid, solid, and sludge
part of Braskem's macro-objective
waste were generated at Braskem
for Safety of the Strategy for
After identifying the types of waste
plants,
representing a 10.3%
Sustainable Development.
generated, Braskem seeks solutions
reduction
compared
to 2014.
for those that may be reused through
The waste generation index was
Waste generation at Braskem is
composting, recycling, or recovery,
2.01 kg/t of marketable product
influenced by seasonal and non-
transforming some of the industrial
produced, a result 12.6% less
seasonal events such as unplanned
waste into business opportunities.
than 2014, and 8.6% better than
shutdowns (that may occur due
The Company provides correct
the goal established for the period,
to a power outage, for example),
disposal of the waste that is not
which was 2.20 kg/ton. Achieving
and
planned
shutdowns
for
reused, in accordance with local
the goal meant savings of R$ 3.7
maintenance and
improvements
environmental law.
million in 2015.
Since 2002, the volume generated showed an aggregate
reduction of 65%, result of intensifying measures focusing
on avoiding generating waste. On average, waste generation
at Braskem is 2.2 times less than the average in the
chemical industry in Brazil
16 From 2012 to 2015, eco-indicators for the production of vinyl ics sold between units were not included; however they were
included in the GHG indicators and the company's financial statements.
17 The total production does not include the internal transfer of finished goods at the Vinyls Unit.
66
2015 | Braskem | Annual Report WASTE GENERATION - KG/T
Among the points that positively
influenced
the
results
are
improvements in plant maintenance
and
cleaning
procedures,
classification and separation of
waste, and changing equipment
that generates waste, as well
as reverse logistics actions. This
index considers the generation of
waste during production processes
divided by the total production of
marketable products, excluding
finished goods transferred between
vinyls units.
5.78
4.52
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
3.53
3.28
3.41
3.10
3.38
2.40
2.21
2.67
2.28
2.20
2.30
2.01
0 1 2 3 4 5 6
DISPOSAL OF WASTE GENERATED (%)*
55.3% 57.1% 60.6% 61.8%
29.6% 21.7%
26.8% 29.7%
21.1%
15.1%
12.6%
8.5%
2012 2013 2014 2015
Reuse Potential
Reuse
Waste
*These percentages were estimated from the data referring for approximately
94% of waste generated in 2015.
67
2015 | Braskem | Annual Report WASTE DISPOSAL* (THOUSAND KG)
The Company continued working on
Supplier that recovers organic solvents
to keep reducing the generation rate
several studies for reducing waste
and generated an impact on the
of non-reusable waste and increase its
generation and the increase of its reuse.
increase of the Company's reuse rate
reuse rate.
An example was the development of a
in 2015. The expectation for 2016 is
In 2015, Braskem reused 9.3 million kg of waste that were disposed of as follows:
Recycling
Recovery (including energy)
Sanitary / industrial landfill
On-site storage
Incineration
Reuse
Composting
Underground injection of waste
Other**
TOTAL
2013
19,858
3.169
11,152
187
17,263
290
306
8,568
9,650
2014
7,930
5,424
21,493
748
20,408
238
662
7,960
5
70,443
64,698
2015
4,628
3,975
2,804
1,859
1,713
739
274
0
3,700
19,692
*There is no direct correlation between generated waste (the base of the eco-indicator) and the disposed waste, because much
of the waste generated during the year is stored until reaching the proper volume to be sent to the chosen destination, which
may occur years after being generated.
** Other: autoclave; thermal vacuum demercuration; co-processing of waste in clinker rotary kilns for cement manufacturing; soil
decontamination by thermal desorption.
Water efficiency18
G4•EN8 | G4•EN10 | G4•EN22
In the year where the risk of
consumption rates during the
operations unrestricted, due to
lack of water supply reached
year. The estimate is that the
water availability and disposal
alarming levels, especially in
savings reached R$ 5.5 million,
in 2015.
São Paulo, Braskem ensured
achieving R$ 3.1 million by
important
results
regarding
adjusting
consumption, and
In addition, Braskem has been
water
recycling and
reuse
R$ 2.4 million by reducing
developing a set of initiatives
in its operations, as well as
expenses on effluent disposal.
with the purpose of improving
significantly
reduced water
All Braskem units carried out
its water use performance:
ALAGOAS
PVC2 AL: R$ 1.2 million
2013 to 2015, providing a
of water consumption, and a
invested in improving cooling
23% reduction in the average
14% reduction in the rate of
towers, measuring,
steam
water
flow collection
from
liquid
effluent
generation,
traps, and eliminating physical
the Rio dos Remédios river, a
totaling an estimated gain of
losses during the period of
19% improvement in the rate
R$ 700,000/year.
18 The total production does not include the internal transfer of finished goods at the Vinyl Unit, which will be
included beginning 2016.
68
2015 | Braskem | Annual Report SÃO PAULO
UNIB 3 ABC: R$ 28,000 invested in
•
Increase
the number of
olefins area.
a recovery project for cooling water
concentration cycles in the
• Return the Blow Down from
from analyzers of olefin pyrolysis
cooling towers; in 2013, there
the furnaces to the water
furnaces, allowed a reduction of
were 5 Concentration Cycles,
cooling system rather than
0.014m³/t in the effluent index,
and in 2015 there were 8.3
draining into the channels.
representing an estimated savings
of R$ 150,000/year.
cycles, providing savings of 56
m3/h.
• Reduce the use of cooling
water in the furnace decoking
• Use waste
from
reverse
knockout drums.
UNIB 3 ABC: due to the better
osmosis in the cooling tower.
PP3 PLN: eliminated the use of
quality
of
purchased water
• Reuse industrial effluents as
139 m³/year of drinking water
(Aquapolo), it was possible to:
service water at the plant;
at the quality control laboratory,
• Recover water
from water
• Reduce Blow Down in the
representing an economic gain
treatment boilers,
furnaces,
dilution
steam
generator
of R$ 3,500 in project 6Sigma of
and analyzers, approximately
vessel (FA-221-Effluents) and
“zero” investment.
10m³/h.
the cracking furnaces in the
RIO DE JANEIRO
PE9 DCX: implementation of water
river basins in Brazil, focusing on
All of
the Company's water
reuse project using water from the
areas where their operations are
consumption is monitored by an
sealing of extruders allowed for
the reuse of 110 m3 per day, as
located. This study will serve as a
indicator correlating the water
basis for defining regions where the
consumed with the production of
well as promoted the reduction of
Company should focus its efforts
marketable products. This allows
62 m³ per day of demineralized
on water reuse and consumption
Braskem to closely analyze the
water, totaling an estimated annual
reduction projects. Completion
performance of
its process
savings of R$ 291,000. At the end
is scheduled for the first half of
regarding water efficiency.
of 2015, Braskem began a water
2016. Action plans will be built in
stress assessment project at four
partnership with the plants.
WATER CONSUMPTION m³/t
4.14
4.25
4.26
4.29
4.50
4.48
4.15
4.23
4.30
4.16
3.97
3.83
3.83
4.05
5
4
3
2
1
0
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Note: this index considers water consumption during production processes divided by the total production of marketable products, excluding
finished goods transferred between vinyls units.
Consumption of 4.5 m3/t of water at Braskem is about six times less than average for the global chemical industry, which is 25.64 m3/t (based on
the International Council of Chemical Associations-2013).
69
2015 | Braskem | Annual Report In 2015, a total of 4.05m3 of water
region, the increase in the use of
•
Improving concentration cycles
per ton produced was consumed,
clarified water at some of the plants
at the cooling towers, reducing
a result 1.6% better than the
due to the low quality of water
blow-down. Particularly Ciclo
goal stipulated for the year (4.11
m3/t). In absolute terms, Braskem
consumed 66.2 million m3 of water
withdrawn and the intense heat of
Máximo Project at UNIB 4 DCX.
2015, causing more evaporation at
•
Improved
equipment
the cooling towers, Braskem was
maintenance
(reactors and
in 2015, representing a 0,7%
successful with several actions
heat exchangers).
reduction
compared
to 2014.
that significantly contributed to
Around 99.9% of this total was
good performance regarding the
It is important to highlight that
used in production processes. The
conscious use of water:
the accident
that occurred
in
Brazilian industrial plants consumed
62 million m3 and the international
plants consumed 4.2 million m3.
•
Clarified water
reduction
October 2015 at UNIB 3 ABC,
project for hauling coal ash
caused an unplanned shutdown at
and
improving
the steam
the plant. This fact reduced water
consumption in the flare in
consumption and predominantly
Despite some negative impacts,
UNIB2 RS.
affected
the
reduction
in
the
such as the incident in October
• Reduced leaks and losses at
company's consumption rate.
2015 with the cracker in the ABC
the plants
Virada Sustentável
For the fifth consecutive year,
and social mobilization actions
attractions carried out by the
Braskem sponsored the Virada
around the importance of the
project, in specific public spaces,
Sustentável (Sustainable Agenda),
conscious use of water resources.
one of the highlights being a
an event that took place in São
The Company invested in brand
ball pit
for adults at
the
Paulo that includes educational
association with four educational
Villa Lobos park.
Regarding
the
reuse
of
WATER REUSE RATE*
water, the Company has been
developing actions including
the use of rainwater, treated
domestic sewage water, and
industrial effluents. In 2015,
the reuse rate reached 25%,
and
therefore, 16.6 billion
liters of water were kept from
being extracted from bodies of
water.
30
25
20
15
10
5
0
29.5
28.1
25.0
23.8
* Not including reuse of water in
cooling towers
2012 2013 2014 2015
70
2015 | Braskem | Annual Report The good results of Braskem's
the
Capuava
petrochemical
waste at the Camaçari complex
water
reuse
rate are due
complex, in Mauá, SP. In 2015,
in Bahia, has been undergoing
to developing projects with
Aquapolo enabled the reuse of
reevaluation since March 2015.
Aquapolo – an initiative created
approximately 8.3 billion liters of
in
the
ABC
Petrochemical
water, treated domestic sewage
In 2015, a total of 1.15 m3 of
Complex,
in São Paulo,
in
water, accounting for 50% of
liquid effluents per ton produced
order to treat sewage water
Braskem's total water reuse.
was generated, 6.6% below the
for
industrial
purposes. A
partnership with Sabesp and
goal established for the period,
which was 1.23 m3/t, and 10.3%
Odebrecht Ambiental, the project
The
Água
Viva
project,
below the total reached in 2014.
has helped reduce the demand
developed in partnership with
This was the best result for
for drinking water supply at
Cetrel for treating effluents and
Braskem since its founding.
Liquid Effluent Generation - m³/t
1.94
1.74
2
1,5
1
0,5
0
1.40
1.50
1.34
1.28
1.44
1.40
1.32
1.24
1.22
1.17
1.28
1.15
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Note: this index considers the generation of effluents during production processes divided by the total production of
marketable products, excluding finished goods transferred between Vinyls units.
Among the year's highlights
exchangers), and the overall
operations,
where
about
for record reduction in effluent
reduction of leaks and losses at
US$ 40 million
in projects
generation, are improvement of
the plants.
concentration cycles in cooling
ensuring
water
efficiency
have already been invested.
towers,
reduced blow-down
For 2016, Braskem
foresees
However the water collected
(particularly the Ciclo Máximo
an
increase
in
intensity of
is
low quality according
to
Project at UNIB 4 DCX), improved
consumption due to the new
some parameters that directly
equipment maintenance (heat
complex in Mexico beginning
impact consumption.
71
2015 | Braskem | Annual Report ENERGY EFFICIENCY19
G4•EC2 | G4•EN3 | G4•EN5 | G4•EN6 | G4•EN15
G4•EN16 | G4•EN17 | G4•EN18 | G4•EN20
G4•EN21 | GLOBAL COMPACT • PRINCIPLE 7
Regarding
the
electricity
of internal energy sources, and
purchase
portfolio,
despite
mainly, the use of natural gas.
the continued water shortage
in Brazil, the extension of the
Energy
consumption met
the
hydroelectricity contract with
year's goal and showed a result
Chesf
secured a
significant
2.4% better than 2014. This is
interest
in renewable energy
the best result since Braskem was
in the contracts. Additionally,
founded, and meant savings of R$
the
increase
in wind power
56 million in 2015. In 2015, a total
generation
in
the Brazilian
of 10.49 GJ of energy per ton of
electrical
system
alleviated
produced product were consumed,
an even greater impact of the
a result 1.3% better than the
share of thermoelectric plants
goal established for the period.
in purchased energy. On the
In addition, 8% of all energy
other hand, the water restriction
consumed came from renewable
implied an increase in internal
sources, the equivalent of 13.7
generation based on the reuse
million GJ.
19 Total production does not include the internal transfer of finished
goods at the Vinyls Unit.
ENERGY CONSUMPTION - GJ/t
Braskem's
main sources of
energy in 2015
Electricity: 9%
Natural Gas: 16%
Other external fuel (1): 5.5%
nternal residual fuel
from the petrochemical
process: 68.8%
1Other fuel mainly comes from
burning oil and coal.
11.90
11.83
11.47
11.55
11.46
11.47
11.27
11.12
10.77
10.65
10.55
10.67
10.74
10.49
12,0
11,5
11,0
10,5
10,0
9,5
9
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Note: this index considers energy consumption during production processes divided by the total production of marketable products,
excluding finished goods transferred between Vinyls units.
72
2015 | Braskem | Annual Report Among actions that contributed to
The Company has also been
winter in the USA
this result are energy optimization
monitoring
points
needing
• High-voltage electrolysis cells
initiatives at UNIB 2 RS, the
attention that negatively impact
at chlor-alkali plant
reduction of intermediate stock,
the indicator in 2015, such as:
•
Incident
in October 2015
cleaning the heat exchangers
•
Production
3.7%
below
with the cracker at ABC also
with increased efficiency, the sale
planned
had negative impact on some
of LSC at UNIB 2 RS, the use of
steam traps to produce steam for
•
•
Loss of steam
eco-indicators.
Planned
and
unplanned
• Use of steam
to offset
dilution and energy optimization
shutdowns
loss of efficiency in some
at the plants.
•
Temperatures lower than the
exchangers.
historical average during the
Camaçari Plant
In 2015, an intelligent load
protects
the
cracker
from
plant operations ensured gains
shedding
system
began
blackouts or sudden surges of
in competitiveness by renewing
operation at the Camaçari plant
power failure, ensuring more
the energy supply contracts
(UNIB 1),
that
isolates
the
safety and stability
for
the
with the Companhia Hidrelétrica
critical loads in the external
petrochemical
operation.
In
do São Francisco (Chesf).
electrical system. The solution
addition, Camaçari (UNIB 1)
MAIN BRASKEM INITIATIVES THAT RESULT
IN GAINS IN ENERGY AND SAVINGS
G4•EN20 | G4•EN21
INITIATIVE
ECONOMIC GAIN (R$ MILLION)
Improvements in production process
(except furnaces) and the sale of electricity
Furnace optimization
Improvements to boilers and turbines
Reduced steam consumption
Reducing flare loss
Improvements to cooling systems
50.755
32.702
19.265
8.063
5.047
0.977
73
2015 | Braskem | Annual Report Other Emissions
In addition to GHG emissions, Braskem manages other air emissions for which it is liable, such as ozone layer
depleting substances and local pollutants (NOx, SOx, etc.).
EMISSION OF OZONE LAYER DEPLETING SUBSTANCES
SUBSTANCE
HCFC 22
HCFC 141b
2013 (T)
2014 (T)
2015 (T)
175.7
4.8
48.3
0.3
53.0
2.3
Braskem has also been replacing substances that deplete the ozone layer for other substances not in the
Montreal Protocol.
NOX, SOX AND OTHER SIGNIFICANT
AIR EMISSIONS 1
EMISSION
2013 (T)
2014 (T)
2015 (T)
NOx
SOx
Volatile Organic
Compounds
12,157
6,582
2,707
Particulate Matter
1,547
Toxic Air Pollutants
549
Other(3)
6,108
11,421
11,509
3,881
1,225
97
6,190
9,546
4,503
3,808
911
652(2)
14,495(2)
(1)Methodologies used are recommended by state environmental agencies. Where there is no measurement, estimates are used
(emission factors) based on recognized methods, such as AP-42 from USEPA, for example.
(2) The plants have been expanding their evaluations; this explains the increase in these parameters.
(3) Includes total hydrocarbons and carbon monoxide.
The
participation
of
coal
appropriate energy option, from
based electricity and evaluating
increased in the energy matrix
the eco social and environmental
the introduction of biomass.
by
replacing non-renewable,
tripod perspective,
for UNIB
less
sustainable
fuels. This
2 RS, the user of this fuel.
In addition, increased availability
movement was only possible due
of
natural
gas
in
Brazil
to the improved quality of coal
Stricter
environmental
contributes
to
the
increased
that kept its emissions standards
regulations
for air emissions
share of this fuel in the energy
and was
justified
through
are expected for the coming
matrix, replacing other inputs
the study of the Life Cycle
years. Thus, the Company has
such as oil
fuel and other
Assessment conducted in 2014.
been seeking to increase the
petroleum by-products, reducing
This study indicated that among
share of renewable resources
emissions and contributing to a
all fuel options available in Rio
in its energy matrix, especially
cleaner matrix.
Grande do Sul, coal is the most
the introduction of wind power
74
2015 | Braskem | Annual Report Social and Environmental Protection
G4•EN31
In addition to working to prevent
ground water, surface water and
environmental stations, Braskem
environmental damage
through
sediments, air emissions and air
makes
specific
investments
to
continuous
monitoring
of
quality, and wildlife and flora in the
address environmental liabilities.
TYPE OF EXPENSE
Investments in HSE
Work Safety
Process Safety
Health
Environment
Spending on treating effluents and waste
Treatment of liquid effluents
Waste management
Management of Emissions
Environmental Licenses
Depreciation(1)
Environmental liabilities (2)
Other Environmental Management Costs (3)
AMOUNT
(R$ MILLION)
114.4
65.6
13.0
4.7
31.1
93.2
50.5
42.7
8.1
1.1
46.0
65.8
66.6
(1) The depreciation value is an estimate based on previous years.
(2) The value reported in Environmental Liabilities refers to what has been provided for use based on expected needs for the
coming years.
(3) Other costs with environmental management include ground water management, environmental noise monitoring
programs, the quality of surface water resources (lakes, rivers, oceans), and pipelines, environmental risk management, and
energy and water administration.
75
2015 | Braskem | Annual Report Suppliers
G4•EC9
As a result of the decentralized
concerning Health, Environment
and
professional
principles.
structure of Europe, Braskem
and
Safety
(HSE). With
Thus, the Company only hires
Supplier management is divided
specific regard to this issue,
Suppliers
that
are
current
between
several
contract
the Company has a
robust
with their regulatory and tax
areas, each one responsible for
HSE culture
that permeates
obligations,
technical
and
its analysis of expenses, the
relationships with Suppliers.
administrative
qualifications,
quality of products and services
and have a healthy economic
purchased, adherence to the
The Company expects
that
and financial situation. Today,
Code of Conduct, and
legal
all of its partners behave in a
Braskem
has
approximately
regulations and requirements
manner aligned with its ethical
8,000 Suppliers.
All Suppliers have access to the Braskem Ethics Line
communication channel, where they may contribute
information that strengthens the transparency and
trust between the parties. All complaints registered are
investigated and remedial measures are taken to ensure
the correct outcome of any problems
PERCENTAGE OF PURCHASES FROM LOCAL SUPPLIERS BY COUNTRY20
4%
1%
36%
Brazil
Germany
USA
64%
64%
96%
96%
99%
99%
Local Suppliers
Foreign Suppliers
It is worth noting that the increase in the percentage of spending in Brazil with foreign Suppliers is mainly
due to the depreciation of the Brazilian real, not the increase in imports.
20 Purchases in Mexico will begin to be reported after the start of the plant, so that the data reflects the operational profile and not
the construction or preparation phase.
76
2015 | Braskem | Annual Report SUPPLY CHAIN
G4•12
WATER AND
DISPOSAL OF WASTE
AND EFFLUENTS
MACHINERY, EQUIPMENT
AND INSTALLATIONS
TECHNICAL AND
COMPLEMENTARY
SERVICES
ENERGY
INPUTS
CLIENTS
SOLVENTS AND
ADDITIVES
ETHANOL
HANDLING,
STORAGE AND
SHIPPING
NAPHTHA AND ETHANE
CONDENSATE, PROPANE
AND HLR
Resources used
Correlation with macro objectives
Safety
Energy efficiency
Renewable resources
Local development
Water efficiency
Climate change
Strengthening of sustainable
development practices
Number of Suppliers
Naphtha and ethane
condensate, propane
and hlr
Ethanol
Solvents and additives
Machinery, equipment
and installations
Energy inputs
Water and disposal of
waste and effluents
Handling, storage
and shipping
Technical and
complementary services
Technical and
complementary
services
Machinery,
equipment and
installations
Others
77
2015 | Braskem | Annual Report Management of main Supplier categories
The following are highlighted practices and specific results of Braskem's main procurement.
Fossil raw materials
The largest share of Braskem's
propylene in the United States
the continuity of operations and
spending on Suppliers refers to
and Germany, and ethane
in
keep costs under control, the
fossil raw materials - naphtha,
Mexico.
In Brazil,
the main
Company has contracts for these
condensate,
ethane, propane
naphtha Supplier is Petrobras, a
strategic raw materials, in all of its
and HLR in Brazil, ethylene and
Braskem Shareholder. To ensure
countries of operation.
Ethanol
Ethanol Suppliers represent one
Suppliers
through
long-term
came from plants with which
of the categories with the highest
contracts that include signing
the Company has contracts,
social and environmental risk for
the Code of Conduct for Ethanol
well over the goal of 90%. The
the Company, and therefore,
Suppliers, developed in 2010
remaining 0.2% was bought via
undergo a careful management
by Braskem specifically for this
the commodities exchange to
process. A specialized
team
category with the support of
meet temporary demands. It is
ensures that the supply is in
Proforest.
line with the commitments and
worth noting that the goal for
2016 will remain at 90% so that
values of the Company and its
In 2015, a total of 99.8% of
the Company has flexibility and
Clients, working mostly with
ethanol purchased by Braskem
access to new Suppliers.
The Code of Conduct for Ethanol Suppliers
establishes standards expected by the Company
in terms of deforestation and fire prevention,
biodiversity protection, respect for human rights,
and labor relations, and monitoring social and
environmental indicators
Learn in detail about management process for these Suppliers and the Code of Conduct at
Braskem > Code of Conduct for Ethanol Suppliers
The monitoring of contracted
annual goal of 80%. All results of
each year may vary. Therefore,
Suppliers
includes
independent
these audits are communicated
there was a natural variation in
audits at plants and forest areas.
to
the plants and corrective
this figure when comparing to the
In 2015, they were carried out
action plans are established
95.7% audited in 2014.
by WQS, a company specialized
and monitored
jointly by the
in industry certifications, such as
companies.
Bonsucro. The plants that supply
Generally, audits attested to a
good level of compliance to the
87% of the ethanol purchased
It is important to note that the
Code. The following is a general
between July 2013 and June 2015
audits are valid for two years and
overview of the results obtained
were audited, a result above the
the volume supplied per plant
in 2015.
78
2015 | Braskem | Annual Report Positive highlights:
•
All plants carried out training
environmental as well as
•
100% of the harvest was
for continuous improvement
social issues;
done mechanically, without
in health, safety, and the
•
Interviews with workers and
the use of fire, and in 83%
environment with their local
review of plant records attest
of
the plants,
the sugar
communities. Some projects
to compliance with human
cane bagasse was used
stand out for going beyond
rights,
including but not
to generate
energy,
an
philanthropic
donations
limited to the prohibition of
important factor for the level
and
creating
structured,
child or forced labor.
of carbon sequestration of
continuous
Community
green plastic;
training
programs
about
Main areas for improvement:
•
At two plants, procedure flaws
•
At one plant, opportunities for
• One plant had not yet
were identified that caused a
improvement were identified
concluded
the mapping of
lack of appropriate personal
in the monitoring process of
its riparian woods in leased
protective equipment;
corrective
actions
defined
areas and another must
•
Two plants were asked to
for accident prevention after
improve the quality of
its
improve pesticide
labeling
incidents and investigations.
map
in order
to
identify
and storage procedures, and
ocorrências e investigações.
areas in need of recovery;
training of the workers in that
area;
Procurement Brazil
In Brazil, the Procurement area
Braskem's competitiveness and
go into effect for evaluations
concerns the purchase of direct
the guarantee of the availability
that will be carried out in 2016.
and indirect goods and services.
of goods and services essential to
The review had the purpose of
The area
is
responsible
for
the business.
contracting Industrial Services,
improving the identification of
deviations and expanding its use
essential to maintaining plant
The
selection
of
Suppliers
in routine follow-ups. Suppliers
operation; Corporate Services,
is made by a Supply
team
that must be monitored by the
that support other areas of the
jointly with user areas and
Supplier Performance Index are
Company and its Members; the
undergoes quality analysis with
identified by the Criticality Matrix
purchase of Inputs and Packaging
established parameters, as well
of
the Company's purchase
necessary for production; the
as standardized HSE evaluations,
categories, which
take
into
purchase of materials applied
and must meet financial criteria
consideration
the
category's
during
maintenance
and
and fulfill regulatory obligations.
importance to the Business and
operations (MRO - Maintenance,
Among indicators used for their
its social and environmental risk.
Repair and Operation), and
management
is
the Supplier
equipment for new investments.
Performance Index,
in which
For Suppliers providing services
In
addition,
in 2015,
the
indicators considered critical are
within Braskem plants, additional
area became
responsible
for
evaluated by Braskem concerning
risk criteria in terms of HSE are
management
of warehouses
quality, productivity, and HSE.
included. These critical Suppliers
and
the Company's stock of
Deviations
identified
through
are monitored by a Prevention
MRO materials.
these assessments are addressed
Index. The Prevention
Index
with an action plan involving
takes into consideration several
In 2015, due to the troubled
the user, the Supplier and the
points, such as deviations and
economic scenario
in Brazil,
Procurement areas. Throughout
losses, plans for maintenance
the area had as one of its
2015, this indicator underwent
and inspection, and HSE. Its
main
focuses maintenance of
revisions and updates that will
monitoring includes an annual
79
2015 | Braskem | Annual Report audit that verifies compliance
Supply Chain
Project
once
purchasing area of Braskem
with the annual HSE program,
again, which asks Suppliers to
Idesa in Mexico, carrying out
characterized by the evaluation
report
their greenhouse gas
planning of
each
category,
of
results
and
prevention
emissions, risks, and associated
contract negotiation, and training
practices. In addition, it identifies
opportunities,
and
their
in the procurement process. The
opportunities
to
improve and
strategy for ensuring improved
area also coordinated activities
recognize best practices.
management
of
the
issue.
with purchasing teams from the
Also in 2015, the Procurement
Another focus was on supporting
Mexico operations, aiming
to
area
supported
the
CDP
the
implementation
of
the
identify and capture synergies
United States, Germany, and
In 2015, a total of 74 Suppliers
answered a survey about air emissions
management and their environmental
impacts, an increase of 270% in the
number of responses compared to the
previous year
in global negotiations. As part
of the initiative, the 3rd Global
Procurement Meeting was held
in São Paulo, with the presence
of Members from the area from
these countries.
Logistics Brazil
Just
as
in
procurement
• Propylene: uses the Accident/
• Chlor-Alkali and Polyolefins:
management, Braskem's Logistics
Incident Prevention Index and
Suppliers showing
indicators
teams work closely with HSE
the Service Level Agreement
lower than the target for the
professionals
to
guarantee
(SLA), a tool that is also used
Performance Index participate in
compliance with all social and
by the resins team.
monthly meetings for evaluation
environmental
requirements
• Basic
Petrochemicals:
and corrective action plans.
critical to Braskem's operations.
encourages
adherence
to
Transporters below these targets
Each team has its own methods
programs such as Olho Vivo
for three consecutive months
of evaluation according to their
na Estrada, Transportadora
are disaccredited. The area
specific needs, all monitored by a
da Vida, and Na Mão Certa,
also encourages participation
Braskem system of performance
and carries out the Conscious
in the Olho Vivo na Estrada
analysis and ABIQUIM's Safety,
Partner program with periodic
and Na Mão Certa programs,
Health, Environment, and Quality
meetings to share best HSE
as well as annual audits of the
Assessment System (SASSMAQ).
practices with transporters.
transporters headquarters.
Logistics teams have the support of
professionals in Health, Environment
and Safety (HSE) when managing social
and environmental requirements critical
to Braskem's operations
80
2015 | Braskem | Annual Report Braskem
also
maintains
embedded in the vehicles. For
services in Brazil, and carries out
partnerships with Brazil's key
products marketed by Basic
audits at service bases and in
risk managers, and contracts the
Petrochemicals,
implementation
simulated emergencies on main
majority of its resins highway
of tracking for 100% of its cargo
cargo transport routes.
freight (non-hazardous product)
is in the final phase, as is the
with
electronic
locators
or
Study of Risk in Logistics for
All of this concern is returned with
tracking devices. As for hazardous
priority products (Benzene and
the careful monitoring of events
products such as chlor-alkali, the
Pygas).
requirement is that 100% of the
and cargo transport indicators:
Transport Accident Frequency
freight be tracked and transported
The Company also entered into
Rate (Per number of trips and per
by
the Suppliers own fleet,
a
contract with SUATRANS,
kilometer travelled) and Accident
while propylene has 100% of its
a leader in highway chemical
Severity.
freight tracked with telemetry
and environmental emergency
Braskem has a Policy for internally handling Transport
Accidents that provides specific actions, such as deadline
for concluding an investigation, according to the severity
of the event
For more information, visit
Braskem > Suppliers
Concern for the environment is
operate with more sustainable
engaging Suppliers in voluntarily
present as an important topic
modes of transportation (whenever
monitoring their greenhouse gas
in Supplier management. The
applicable), and began in 2014 and
emissions and opportunities to
Company constantly seeks
to
continued in 2015 the process of
reduce those emissions.
81
2015 | Braskem | Annual Report MORE SUSTAINABLE
PRODUCTS
Through innovative products and partnerships in the
search for new solutions and applications of chemicals and
plastics, Braskem seeks to continuously maintain its focus
on sustainable growth and to provide benefits to future
generations.
Braskem's growth strategy
is
services adherent to the business
The innovation made Braskem
based on the development of
model of its Clients – over 700
the largest industrial scale 21
sustainable solutions with value
companies operating in different
manufacturer
of
biopolymers
added to different production
sectors of the converting industry.
in the world, with a dedicated
chains that use plastic as an
production
line at
its Triunfo
essential raw material for the
One of
the Company's main
plant in Rio Grande do Sul, Brazil,
manufacture of final products.
features is Green Polyethylene,
where the Company's Technology
a
100%
renewable
plastic
and
Innovation
Center
is
Thus, Braskem significantly invests
resin created with its unique
also located.
in Research and Development
proprietary
technology
after
(R&D)
for new products and
three years of investment in R&D.
21 The installed capacity of the companies was used as a parameter, not the annual production.
Source: http://www.cmaiglobal.com/marketreports/globalplastics_polymers.aspx
83
2015 | Braskem | Annual Report Innovation
Innovation is Braskem's path towards
growth and indispensable to the
Company's survival and perpetuity.
With a team of 300 professionals
specialized in research and product
development, two Innovation and
Technology Centers located in Brazil
and the United States, 23 laboratories,
and seven pilot plants, Braskem is
committed to the continuous evolution
of the petrochemical industry and
the plastic production chain. The
Company combines
internal and
external knowledge, based on the
innovation, for
concept of open
developing new market solutions.
Also, Braskem maintains partnerships
with 15 universities and research
institutions in Brazil with the purpose
of finding new solutions for the
market of petrochemical products.
In 2015, the Company ranked fourth
among the 100 most innovative
companies in the Country, published
by the newspaper Valor Econômico
in partnership with consulting firm
Strategy&, which has been publishing
global innovation rankings for over a
decade. This was accomplished one
year after American magazine Fast
Company chose Braskem as one of
the 50 most innovative companies in
the world.
Braskem innovation in figures
2 TECHNOLOGY AND INNOVATION
CENTERS (one in Triunfo, Rio
Grande do Sul, Brazil, and one in
Pittsburgh, Pennsylvania, in the
United States)
23 LABORATORIES
903 PATENT
documents registered worldwide
R$ 280 MILLION INVESTMENT IN
INNOVATION AND TECHNOLOGY
276 PROJECTS
in the technology and
innovation pipeline
300 SPECIALISTS
7 PILOT PLANTS
84
2015 | Braskem | Annual Report New resins
In 2015, Braskem added nine
may be perceived by human
protection, adjusted to meet
new resin grades to its portfolio.
senses, and is recommended
the Brazilian NBR 16029
Some of these new releases are
for the food industry, such as
standard,
used
for
the
highlighted below:
dairy and juices.
manufacturing of big bags.
• Norvic® S80SA: resin with
• ML3602U:
an
all-purpose,
•
VA4018R:
ethylene
vinyl
heavy molecular weight and
medium density polyethylene
acetate copolymer, a product
high porosity. Because of its
(MDPE)
for
roto molding.
with properties similar
to
flexibility, it is recommended
In addition
to
its high
those of elastomers (rubbers),
for the production of items
performance,
this
resin
utilized
in
the
footwear
with high value added, such as
shoes.
has
and
excellent mechanical
industry in expandable and
finishing
properties,
cross-linked compounds.
It
• HD7000C,
high-density
particularly
for
use
in
has a lower density, providing
polyethylene
(HDPE),
has
agriculture and technical parts.
a more anatomical design and
high
rigidity and excellent
• H614:
homopolymer
a lighter finished product with
organoleptic properties, which
polypropylene
with
UV
more flexibility and comfort.
Renewable Butadiene
In 2015, Braskem, in partnership
process from renewable sources.
manufacturing of rubber for tires,
with
the
North
American
Together,
the companies have
also with applications for electrical
bioengineering
company
developed
technology
for
the
appliances,
shoes,
plastics,
Genomatica,
announced
the
renewable production of
this
asphalt, construction materials,
production of butadiene on a
input
since 2013. Butadiene
and latex.
laboratory scale through a direct
is a raw material used in the
Braskem Scientific Advisory Group
Attentive to what is most innovative
ead each one of the areas. For the
Kenneth Wagener, a leader in the
in the chemical and petrochemical
Catalysis area, Braskem relies on
field of Macromolecular Chemistry
production chain, in 2015 Braskem
the knowledge of Vincenzo Busico,
and most senior member of the crew,
invested
in
consolidating
its
from
the University of Naples
is in charge of providing technical
Scientific Advisory Group. This
(Italy). Professor Richard Register,
advice in the Polymer Science field.
group joins specialists in five key
from Princeton University (USA),
areas for managing the Company's
leads the Materials Science field.
The Scientific Advisory Group plays
knowledge: Catalysis; Renewable
The Renewable Technologies chair
an important role in the Company's
Technologies; Materials Science;
is Professor James Liao, from the
growth
strategy. Among other
Macromolecular Chemistry;
and
University of California (UCLA), in
actions, it is also through this group
Chemical, Thermodynamics, and
Los Angeles (USA). Professor Gilbert
of specialists that Braskem targets
Process Engineering. The Company
Casamatta, president of the IRT
its investment decisions for projects
chose
renowned
international
Saint Exupéry, located in Toulouse,
with high technical content and
scientists
linked
to
research
France,
leads
the
Chemical,
complexity among the most modern
centers at the most prestigious
Thermodynamics,
and
Process
applications in the industry.
academic institutions in the world to
Engineering efforts. Finally, Professor
85
2015 | Braskem | Annual Report International Conference on
Innovation and Technology
As part of
its
technological
With
the purpose
to promote
projects
for developing
industrial
development
incentive agenda,
integration and sharing of knowledge
process
improvement.
Among
Braskem invested in carrying out
between researchers from different
speakers were Professor Dr. Julia
the International Conference on
companies, the conference rallied
Kornfield, from the California Institute
Innovation and Technology for
170 professionals interested in the
of Technology, Professor Vincenzo
the second consecutive year,
chemical and petrochemical industry.
Busico, Ph.D. in Inorganic Chemistry
in October 2015 in the city of
The schedule included lectures and
and
full professor of
Inorganic
Porto Alegre, RS, home state
the presentation of 100 scientific
Chemistry at Frederico II University
of Braskem's
Innovation and
articles that were pre-selected by a
of Naples, in Italy, and a member of
Technology Center.
technical committee, with research
Braskem's Scientific Advisory Group.
New laboratories
In 2015, Braskem increased the
properties to strengthen catalyst
The year also saw the start-
physical capacity of its Innovation
development. The other
is
up of the Process Technology
and Technology Center located
dedicated to evaluating barriers
Development Laboratory, which
in Triunfo, RS, aiming to advance
to the passage of gasses through
is located at the petrochemical
the Research and Development
polymer
films, an
important
complex
in Mauá, SP, an
(R&D) of new solutions
for
tool
for
the application of
investment of over R$3 million
plastics applications.
plastics
in
food packaging,
in equipment alone.
pharmaceuticals, agrochemical
The R$ 1.5 million investment
drums, and fuel tanks. Also at
These three new laboratories
enabled
the
construction
the Technology and Innovation
will further increase Braskem's
of
two new
laboratories
for
Center, the Company invested
capabilities
to
create value
chemical testing and analyzes
R$ 720,000 in the expansion
for chemical and plastic based
of polymers. One of them is
of
catalyst
characterization
production
chains
through
focused on
the analysis of
laboratory through the purchase
research.
x-rays
to measure
residual
of new equipment and more
content and polymer crystallinity
physical space.
For more information, visit
Braskem > Innovation
86
2015 | Braskem | Annual Report Products
G4•EC8 | G4•EN7 | G4•EN27
GLOBAL COMPACT •
PRINCIPLES 7, 8 AND 9
With the purpose to
innovate
solutions in the segments in which
Learn about
some highlights
and continue serving Clients with
they operate and invest funding and
and examples of improvements
quality, and therefore, to improve
creativity to increase possibilities
provided by the new products.
people's lives, Braskem teams seek
for the use of plastic in society.
For more information, visit
Braskem > Products and Innovation
POLYPROPYLENE (PP)
More productivity with
Braskem Maxio® line
Braskem developed the KM 6150HC
energy consumption, enabling the
benefits can be easily and quickly
resin for application in plastic chairs.
manufacturer to reduce the weight
estimated: the user only has to
It showed significant efficiency
of new projects by 10%.
insert data about the piece being
results for Tramontina, which was
manufactured in two situations –
Braskem's partner in the creation
Also, in 2015, as part of its
using a standard resin and using
of this product. The resin grade,
commitment to the Client, Braskem
a Maxio® resin. The application
which is a part of Braskem Maxio®
developed an application
for
is available on Android and
product line, was responsible for
Smartphones that calculates the
iOS platforms, under the name
a 10% increase in productivity
advantages of using the products
Braskem Maxio®.
as well as a 10% reduction in
within the Maxio® product line. Its
87
2015 | Braskem | Annual Report Braskem Maxio® portfolio of resins
has a seal, developed to offer
reduced
energy
consumption,
increased productivity, and less
weight,
guaranteeing
more
efficiency
and,
consequently,
environmental gains
such as
reduction
in greenhouse gas
emissions.
Braskem Maxio® Recognition
Braskem was
recognized
for
of Commerce.
This seal of
Braskem Maxio® in the Challenge
recognition was a result of the
category of the Brazil-Germany
improved
performance
and
Innovation Award, promoted by
energy efficiency guaranteed by
the Brazil-Germany Chamber
the resins.
Design Challenge Odebrecht Braskem
Developed three years ago in a
design agency Mais Packing,
who are in charge of producing
partnership between Odebrecht
which supported the students who
and marketing the winning pieces.
and Braskem, the Design Challenge
participated in the contest with the
This year, the competition involved
project
joins architecture and
development of their projects, and
18 students from six Brazilian
design universities and students to
companies Tramontina and Freso,
universities.
create new furniture products using
plastic as a raw material. In 2015,
the competition focused on urban
furniture, split into two categories:
social, for the development of
chairs,
tables, and benches;
and kids, aimed at playground
production. The selected projects
will be available at Odebrecht Real
State Developments projects. For
its third year, the Design Challenge
included a partnership with the
Super sacks made from raffia
In
2015,
Braskem made
this business segment gained
super sack capable to withstand
substantial
progress
in
one more barrier of film lining
the product being prepared
the development of a new
over the bag's woven material
inside the packaging. The water
raffia
technology,
cabable
to ensure impermeability for
consumption of super sacks
of making super sacks
for
stored concrete. Through a
made with raffia in its life cycle
cement and more
resistant
partnership with Holcim, which
is only 1/8 compared with the
concrete packaging. For extra
launched
Concreto
Pronto,
traditional alternative and the
protection,
the products
for
Braskem developed a type of
energy consumption is only half.
88
2015 | Braskem | Annual Report Braskem and Inline: partners in the
development of plastic fences for major events
With the purpose of bringing new
is the only plastic option available
music festivals, sporting events,
safety solutions to this market, in
in Brazil and presents a set of
and fairs all over the Country. Also,
Brazil, the manufacturer Inline,
advantages compared to its metal
the product has been adopted by
in partnership with Braskem,
counterpart, such as
reduced
industries, such as Braskem, as a
began manufacturing mobile
weight and greater practicality,
work safety solution in machinery
fences made of polypropylene
as well as being 100% recyclable.
and equipment, aligned with Brazil
for signage, crowd organization,
Launched in 2015, the fences have
Ministry of Labor's Regulatory
and area isolation. The product
already been used at renowned
Standard 12 (NR-12).
PARTNERSHIP WITH AACD
In 2015, Braskem secured a
with disabilities, for the donation
manufacture
about
24,000
partnership with AACD, as an
of 18,000 tons of polypropylene.
prostheses, meeting 100% of the
association that assists children
The material will be used to
AACD's resin needs for one year.
POLYETHYLENE (PE)
Investment in Linear Low-Density Polyethylene
The R$ 50 million investment
for Client growth in segments
With the purpose to promote
carried out in 2015 to increase the
requiring high technology resins.
effortless processing and meet
linear
low-density polyethylene
the market's high demand for
(LLDPE)
production
capacity
With the increase in this line's
flexible packaging, the products
by 120,000
tons annually at
capacity,
new
polyethylene
in the Proxess® family can deliver
Braskem's Camaçari plant
in
products and solutions arrived on
performance and flexibility
to
Bahia, Brazil, enabled an increase
the market in 2015, particularly the
different applications and Clients.
in the supply of products from the
Proxess® family, which introduced
They
are
recommended
for
Flexus® family. Braskem's family
new products to produce flexible,
automatic packaging boxes, super
of high-performance metallocene
high-performance films (Proxess
sacks, and agricultural and heat
polyethylene guarantees support
2606
and Proxess 1806S3).
shrinkable films.
89
2015 | Braskem | Annual Report Solutions for
agribusiness
Braskem also made progress on
new fronts applying plastic films
in agriculture. In partnership
with EletroPlastic and the Federal
University of Uberlândia (UFU)
– Monte Carmelo Campus, in
Minas Gerais, Brazil, in 2015
Braskem developed a field study
about the use of plastic film for
soil covering, also known as
mulching, in coffee crops. The
mulching tests on coffee plants
began in January 2014 and were
concluded in 2015, at Juliana
Farm in Monte Carmelo, one of
since it prevents the development
Two additional highlights are
the leading coffee export regions
of weeds, thereby reducing the
the use of mulching in pineapple
in the Country.
cost of weeding and application
crops and the production of citric
of
pre-emergent
herbicides.
fruits. It provides benefits such
After a year and a half of planting,
The solution also reduced water
as reduced production cost and
the study concluded that the
evaporation, so that the area
water consumption, increased
crops with mulching had better
always remains moist, with less
productivity and reduced loss.
results than the control samples,
need for frequent irrigation.
Launch in the rotational molding segment
In 2015, Braskem
launched
increasingly more demanding
to allowing transformers and end
another grade
in
its
resin
segment
requirements.
This
users to work with lighter parts.
portfolio for rotational molding.
product allowed Braskem
to
The most common applications of
It
is
the ML3602U, Linear
access more markets such as
this grade are the sprayer tanks
Medium Density Polyethylene
those of technical parts and
for agricultural machines, seed
(LMDPE), commonly used with a
agricultural implements for better
boxes for planters, diesel tanks
balance of the most appropriate
mechanical strength compared to
for buses and tractors, 500-liter
properties
for meeting
the
the previous version, in addition
water reservoirs, among others.
Launch for the Consumer Packaging Segment
Throughout
2015,
Braskem
superior
hardness,
excellent
and weight of the final product.
developed and
launched
the
processability and surface finish
The HD7000C is recommended
HD7000C, an HDPE resin for the
of the package. The balance of
for packaging liquid foods and
Consumer
Packaging
segment
properties of this grade allows
powders, and for the cosmetics and
designed to produce bottles with
Clients to explore new thicknesses
personal care market.
90
2015 | Braskem | Annual Report PVC
Window frames
Braskem
focuses
on
the
since 2013 must meet performance
problems such as leaks, wind
development of PVC solutions to
standards
for Buildings (ABNT
passage when closed, constant
meet the needs of the Brazilian
NBR 15575 and NBR 10821).
need of repairs, little resistance
civil construction market. Among
The
regulation
establishes
to break-ins, and deformations
the plastic resin options for the
norms
for
ensuring window
caused by regular use.
segment is window frames, which
frame performance and avoiding
PVC Pipes
In 2015, Braskem announced
usability of the city's waterfront.
installed on the stretch of sand,
the donation of 7,000 meters of
The work consists of collection
with 11 pumping stations along
PVC pipes to the Municipality of
and removal, through PVC pipes,
the waterfront, interrupting the
Maceió, Alagoas. The material will
of water from the water table.
flow of water currently released
be used for drainage and improved
The collection network will be
into the ocean.
All across: innovation at RIOgaleão Airport
Partnerships with Clients enabled
construction,
from
foundation to
yielding four new floors and 2,000
the implementation of new plastic
finishing. Braskem PVC roofing was
additional parking spaces.
solutions for the construction work at
used at the work sites at the Galeão
RIOgaleão – Tom Jobim International
Airport, an area of 1,046 m².
The polyethylene pipes replaced
Airport
in Rio Janeiro. Braskem
concrete structures. A
total of
supplied the total volume of over
The
Bubbledeck
application,
6,888 meters of piping made up
540 tons of plastic for applications
consisting of polypropylene spheres
the new drainage system, which
such as Bubbledeck, PVC roofing,
evenly inserted between two steel
now has greater mechanical and
and polyethylene pipes. The products
meshes, was used in slabs in 44,696
structural
resistance with high
are part of all stages of airport
m² of the airport Garage Building,
hydraulic performance.
91
2015 | Braskem | Annual Report RENEWABLES
Five years of Green Polyethylene I'm greenTM
In 2015, Plástico Verde completed
dehydrating ethanol to change it into
green™ are identical to those shown
five
years
on
the market,
green ethylene, which then goes
by the conventional petrochemical.
consolidating
its presence
in
to the polymerization units where
Braskem has been producing a
different
segments
and
for
it is turned into polyethylene. The
high density (HDPE) and a linear
consumers in countries in North
sugar cane plastic is then taken to
low-density polyethylene from a
and South America, Europe, Asia,
third generation companies, called
renewable source (LLDPE) on an
and Oceania. The research for a
transformers or converters, which
industrial scale since September
renewable raw material, capable
will manufacture it into products.
2010. Since 2013,
low-density
of maintaining production quality
Since it is made from a renewable
Polyethylene
(LDPE)
from
a
and
providing
environmental
raw material, Green Polyethylene
renewable source was incorporated
advantages, began in 2007. Three
years later, Braskem invested US$
helps capture and keep the CO2
from the atmosphere, the primary
into the portfolio. Also, the vast
application alternatives are possible
290 million to inaugurate its Green
cause of the greenhouse effect,
due to the supply of 30 resin grades
Polyethylene plant
in Triunfo,
representing approximately 2.15
present in these product families.
Rio Grande do Sul, Brazil. In this
tons of carbon dioxide for each ton
The expansion of the green product
period, several achievements gave
of Green Plastic produced.
line strengthened the Company's
Green PE strength and space in the
commitment
to creating value
global market.
For the market, another positive
through sustainable development
aspect is that the mechanical and
for the sector's production chain,
The production process begins with
processability properties of I'm
its Clients, and society.
Sugar cane production chain incentives
As part of Braskem's efforts
common goal was to promote
In addition
to
technologies
to support the
industry, the
sustainability and
innovation
enabling sugar, ethanol, and
Company
integrated a
joint
in the sugar cane production
electricity
generation,
other
initiative
for
the
launch of
chain. Together, the companies
products originated from sugar
the
campaign Sugar Cane:
worked to educate consumers
cane transform the raw material
the Culture
of
Innovation,
and
influencers
about
the
into goods with more value
coordinated
by
the
NGO
progress made in recent decades
added, such as Green PE used in
Solidaridad in partnership with
in the entire sugar and ethanol
high-tech packaging.
Raízen, Braskem, Tetra Pak, and
manufacturing process,
from
Sociana (Guariba Sugar Cane
field production to manufacturing
Suppliers
Association).
The
packages for everyday use.
92
2015 | Braskem | Annual Report Partnership with
Tramontina
The new gardening
line by
Tramontina,
the Sweet Garden
collection, uses Green Polyethylene in
its products, such as watering cans,
shovel supports, and cachepots.
Packaging in Green PE
PremieR Pet adopted the green
Brazil, affiliates of the French
in
its
local portfolio. These
plastic for the packaging of its
distilled beverage multinational,
partnerships demonstrate
the
Natural Selection PremieR line,
also adopted the renewable raw
presence of Green PE in industries
for dogs and cats. Pernod Ricard
material for the lids of the products
from different segments.
Feiplastic
In 2015, Braskem brought its
presented the primary applications
Braskem joined about 30 product
complete product portfolio
to
for
polyethylene,
green
catalogs
from different
resin
Feiplastic,
the
largest plastic
polyethylene, polypropylene, and
families for diverse applications
industry fair in Latin America.
PVC to various markets, such as
developed
to meet
each
Focusing on innovation as a tool
agribusiness, construction, retail,
Client's needs.
for transformation, the Company
automotive, and logistics. Overall,
Clients
Braskem has a portfolio of over
700 Clients from several segments
of
the
conversion
industry.
Established partnerships include
not only the development of new
products and solutions, but also
the implementation of conversion
units close to the Company's
complexes, bringing gains to both
parties, especially in logistics, as
well as generating revenue, jobs,
and taxes for regions where these
projects are implemented.
Visio Program Braskem
The Visio program provides
and productivity. In 2015,
integrated
management
over 454
initiatives were
for
and
sharing
knowledge
carried out, with over 197
experience
with
Clients from all of Braskem's
Clients. The goal
is
to
business areas, according to
strengthen the relationship
CRM (Customer Relationship
by
generating
common
Management) records, a tool
value capable of increasing
used by Braskem.
business
competitiveness
93
2015 | Braskem | Annual Report PICPlast
Based on
its commitment
to
and participation in fairs of different
December 2015, representing over
developing the plastic chain and
market segments, in 2014, more
R$ 80 million invested over the
in the spirit of Client service,
than 900 Brazilian companies
past two years.
Braskem advanced together with
from the plastics transformation
the Brazilian Plastic
Industry
sector were benefited by actions
In 2015, PICPlast also secured a
Association (Abiplast) in the Plastic
taken by the plan to contribute
partnership with Sebrae (Brazilian
Chain Incentive Plan (PICPlast).
to the development of Brazilian
Support Service for Micro and Small
industry,
involving more
than
Enterprises), and, beginning 2016,
PICPlast
is based on
three
1,200 professionals who work in
an educational and consulting
areas: promoting
the export
the industry.
of
transformed plastic parts;
program
on
management
development will be offered to
increased competitiveness and
On the pillar of stimulating the
stimulate the growth of micro and
innovation of the transformation
export of transformed plastics,
small enterprises operating in the
sector; and promotion of the
the
accumulated
volume
of
plastic production chain.
advantages of plastics. Since the
incentivized
resins
reached
beginning of the training actions
approximately 70,000
tons
in
Industry Fund
The Industry Fund, one of
significant
results
since
its
The amount collected in 2015
PICPlast's operations, created
launch. By December,
the
reached about R$ 2.7 million,
to
fund promotion actions
plan had already received the
which will be used during
valuing
the advantages of
support of 317 companies from
the next few months toward
plastic, completed one year
the plastic industry throughout
communication,
education,
in December and collected
Brazil.
recycling, and technical studies.
Let's Talk Packaging
Braskem's brand content platform
advantages of using plastic
development
of
innovative
coordinated by the Company's
packaging, trends, and market
solutions for plastic in packaging.
Packaging Committee
is an
design innovations. The platform
initiative created to publicize the
stimulated brainstorming and
For more information, visit
Braskem > Clients
94
2015 | Braskem | Annual Report Life Cycle Assessment
Braskem leads industry initiatives
would be avoided–equivalent
methodology developed by
to strengthen the environmental
to emissions from 222,000 km
the International Council of
attributes of plastic. The work
of car travel -, in addition to a
Chemical Associations (ICCA),
is developed using Life Cycle
volume of acid rain sufficient
in which eight applications are
Assessment
(LCA)
studies, a
to fill 1,262 Olympic-sized
assessed comparing plastic
technique used since 2005 to
pools. The gains shown are
to its substitutes. The results
evaluate environmental aspects
related to global warming and
showed reduced greenhouse
and
the
potential
impacts
toxicity.
associated with the product. It
gas
(GHG) emissions
in
the life cycles of all plastic
includes
the stages
from
the
•
Assessment of
the best
applications studied.
removal of raw material from
process for Urban Solid Waste
•
A comparative study between
nature to the disposal of the
disposal
to aid Braskem's
disposable
and
reusable
final
product.
This
analysis
positioning. The Life Cycle
cups
demonstrated
that
allows Braskem
to
continue
Assessment
compares
the
a
reusable
cup washed
increasing its understanding of
landfill
and
incineration
manually consumes around
the environmental impact of its
solutions, revealing trade-offs
1.2 L of water, a consumption
products during their life cycle
between the two alternatives.
five times greater than the
to make business decisions.
dishwasher. On the other hand,
•
A comparative study between
a disposable cup consumes
In 2015, the Company concluded
traditional promotional bags
only 26 mL throughout its
11 studies and an inventory of
and
I'm
green™ Green
entire life cycle, including the
85% of the plants operating in
Polyethylene for the transport
recycling process.
Brazil. Among the main results for
of 14-liter volumes that hold up
the year are:
to 10 kg. Both were classified
The sustainability of plastics as
•
Benefits of packaging for paint
printing area. The
result
lives is a strategic aspect for the
in the same price range and
a solution for improving people's
produced from polypropylene
showed that the I'm green™
Company and in the interest of
compared
traditional
Polyethylene option has better
its stakeholders, especially its
packaging. The study showed
environmental performance in
Clients. The life cycle concept is
that if one million liters of
the majority of categories of
understood more and more by
paint were packaged in 3.6
impact evaluated.
the Company, due to the growing
L plastic packaging rather
involvement of the Company's
than
traditional packaging,
•
Emissions
Avoided
by
business units in these studies.
emissions of 58 tons of CO2
Plastic, a project using the
The Life Cycle Assessment studies are available upon request through e-mail
acv@braskem.com
95
2015 | Braskem | Annual Report
LCA Network
Since 2013, Braskem has held
the Network during 2015 are:
By the end of 2015, a total of
the presidency of the Brazilian
participating in the book LCA
24 companies participated in the
Corporate Network
of
Life
Compendium - The Complete
Brazilian LCA Network. Among
Cycle Assessment.
It
seeks
World of LCA, with a chapter
them are Arcelor Mittal, Basf,
to guarantee
the continuous
about the LCA Network; in the
Braskem, Boticário, Danone,
development of the LCA tool, as
seminar Brazilian Life Cycle
Duratex, Du Pont, Embraco,
well as the growth of the national
Assessment Program and National
Embraer, Embrapa, GE, Klabin,
database and the dissemination
Public Policy; and in a workshop
Malwee,
Natura,
Oxiteno,
of the concept in the Brazilian
developed in a partnership with
Pepsico, Petrobras, PQS, Raízen,
business environment. Among
UNEP and IBICT for Life Cycle
Tetra Pak, Vale, Volkswagen,
the activities carried out by
Inventory Training.
Votorantim Cimentos, and 3M.
For more information:
Braskem > Life Cycle Assessment
www.cebds.org > Working Goups
96
2015 | Braskem | Annual Report SOLUTIONS FOR
SOCIETY
Concern to ensure a positive impact on the lives of
people and communities is part of Braskem's business
and sustainable growth strategy
Braskem seeks to grow in the
creation
for society
involving
enabling better accessibility and
market by producing a positive
more
sustainable
processes,
quality of life. It is what drove
legacy for society. In this regard,
resources, and products for an
the Company's support for the
the Company develops a set
increasingly better life.
Brazilian Disabled Athletes Team,
of
social and environmental
for disabled athlete Alan Fonteles
responsibility initiatives, carried
Braskem's purpose materializes in
– world record amputee sprinter
out in partnership with different
innovative incentive projects for
of the 100m and 200m –, and
civil
society
agencies,
and
increasing the universe of plastics
for triathlete Adriele Silva – gold
makes
industrial commitments
applications. The
prostheses
medal winner of the London
to creating sustainable solutions
used by athletes with disabilities
Games, in 2012, and first and only
in its production chain. These
are an example of how plastic
amputee in Brazil to participate
fronts form an umbrella of value
may
contribute
to
solutions
in the triathlon for the disabled.
98
2015 | Braskem | Annual Report Climate
Change
G4 EC2 | G4•EN3 | G4•EN15 |
G4•EN16 | G4•EN17
G4•EN18 | G4•EN19 |
G4•EN20 | G4•EN21
GLOBAL COMPACT
PRINCIPLE 7
Discussions on the global agenda
in biopolymer
(Green Plastic)
categories in Scopes 1, 2, and 3
about climate change represent
production using sugarcane and
applied to 100% of the Company's
a structural pillar of Braskem's
has been progressively increasing
operations. In 2015, considering
sustainable development actions.
its consumption of natural gas,
only Scope 1 emissions, directly
The Company has made a constant
which has
less GHG emission
managed by Braskem, the actions
effort to diversify renewable raw
fuel when compared to the crude
and
initiatives
implemented
materials with the purpose of
oil distillate.
progressively reducing the level of
totaled a cumulative reduction of
about 18% compared to the base
greenhouse gas (GHG) emissions.
Braskem's
corporate
GHG
year of 2008.
In this regard, Braskem is a leader
emissions inventory includes all
GHG EMISSIONS - SCOPE 1
TCO2e/T OF PRODUCT
SCOPE 1+2
TCO2e / T OF PRODUCT
18%
0.659
0.642
0.577
0.561
0.581
0.578
0.564
0.540
0.721
0.705
16%
0.640
0.628
0.630
0.630
0.615
0.604
2008 2009
2010 2011
2012
2013 2014 2015
Evolution of carbon intensity (scope 1 + 2)
2008 2009
2010 2011
2012
2013 2014 2015
99
2015 | Braskem | Annual Report In 2015, carbon intensity (scopes 1
the operation configuration
to note that some absolute
+ 2) show a cumulative reduction
of boilers with a consequent
reductions
are
associated
of approximately 16% compared
8% reduction in consumption
with less consumption due to
to the base year 2008. Among the
of the liquid fuel pool. Also,
shutdowns for maintenance or
actions that most contributed to this
consider the reduction of loss
operation with a reduced load
result are the energy optimization
to flare and the optimization of
caused by trade restrictions.
initiatives
at
complexes
and
the fuel matrix.
other plants, aligned with energy
If considered the differences in
efficiency indicators.
•
At the Polymer plants, there
absolute values, between actual
was reduced consumption of
emissions between 2009 and 2015
The initiatives that most contributed
some fuels and losses to the
in comparison to the baseline year
to the year's results were:
flare. Additionally, there was
of 2008, the aggregate emissions
•
In the UNIBs, reduction in scope
a catalyzer change at one
1 due to the implementation
plant, from a particular class
of energy efficiency projects,
of product that caused the
avoided totaled 5.3 million tons
of CO2e, which
to planting 35 million trees in
is equivalent
with emphasis on maximizing
reduction of 60% in propane
the period.
efficiency,
increased
burning in the flare for these
productivity in furnaces, and
resin grades. It is important
Managing indirect emissions
Braskem has been carrying out
continuous improvement process
efficient risk management and
the GHG emissions inventory from
in reporting scope 322 emissions,
opportunities for the chain as a
scope 3, indirect emissions, since
after 2015, there was an increase
whole. Actions toward awareness,
the year 2011, and has evolved its
in reporting categories associated
encouraging emission inventory
actions and initiatives to reduce
with the transport of waste, raw
reporting and identifying risks
these emissions, strengthening
materials and other. For more
and opportunities are carried out
the engagement of the chain
detailed information about these
annually with the support of CDP
and the internally involved areas,
emissions, the data is available
Supply Chain. In 2015, the CDP
such as personnel transportation,
on the CDP Investor website.
published the ranking of Suppliers
product
transport, Information
in Latin America: five of the ten
Technology, raw materials, and
Braskem
does
not
have
best results in the Transparency
other. During the year of 2015,
mandatory requirements for its
category belonged to Braskem's
Braskem's emissions from scope
Suppliers; however, for four years
Suppliers, and in the Performance
3 totaled 15.8 million tons of
CO2e, reporting the 15 categories
of all industrial operations. In the
the Company has developed
list there is only one vendor from
voluntary engagement initiatives
Latin America, who is also one of
as a way of obtaining more
Braskem's Suppliers.
22 Reporting categories for Scope 3 emissions, according to standards defined by Corporate Value Chain (Scope 3) Accounting
and Reporting Standard, published by GHG Protocol
100
2015 | Braskem | Annual Report NUMBER OF SUPPLIERS INVITED X ENGAGED
182
105
Invited
Engaged
31
13
2012
38
17
43
26
2013
2014
2015
The
Company
also
holds
to
reducing greenhouse gas
ser verde”), the Company has
a
prominent
position
international
debates
in
to
emissions. Since 2009, the year
been working
in the market
the Braskem's Manifesto
for
following the voluntary goals for
define policies aligned with
Climate Change was published
reducing the intensity of carbon
the
industry's
commitment
(“É preciso amadurecer para
emissions.
Carbon pricing
During
COP-21,
Braskem
model of operations toward
future impacts, identifying the
contributed to advances in the
achieving
these
goals,
projects' positive and negative
local and global agenda facing
Braskem continues investing in
contributions.
the climate change challenge
innovation technology focused
The Company gave particular
on creating products with a
Furthermore,
in
the
last
attention to the debate on
smaller carbon footprint, as
five
years,
the Company
a pricing model capable of
well as supporting Clients and
has invested close to $ 1.5
encouraging companies from
partners when
developing
million in information systems
diverse
sectors
to
reduce
solutions
that
reduce
for greater traceability and
their levels of greenhouse gas
greenhouse gas emissions in
reliability
of
the
carbon
(GHG) emissions. Also, the
the areas of transportation,
inventory of its operations.
Company joined two initiatives
water efficiency, agriculture,
It is worth noting that Braskem
toward a low-carbon economy:
and others.
in Brazil, the Open Letter on
also actively participates in the
Emissions Trading Simulation,
Climate Change, coordinated
In
2015,
the
Company
from
the Companies
for
by the Ethos Institute, and
initiated a work platform
Climate Platform, a helpful
the Movement of CEOs for
with the purpose of aiding
carbon market experience for
Climate, organized by
the
its
investment
decisions.
the debate and generation
World Economic Forum.
The tool will calculate the
of
knowledge,
increasing
virtual cost of carbon as an
corporate
contribution
to
As
an
example
of
the
anticipatory way of regulating
government proposals.
101
2015 | Braskem | Annual Report In 2015, the last greenhouse gas (GHG) emissions inventory
published by Braskem obtained, for the 5th consecutive
year, the GOLD Category in the Brazilian GHG Protocol
Program. CDP also recognized the Company as the best
carbon manager in Brazil
Risks and opportunities
To ensure competitiveness and
the plants in Brazil, the United
recommendations. In São Paulo,
contribute to the emerging of
States, and Germany until 2040.
within a region called The ABC,
a new
low-carbon economy
To achieve this, the Company
Braskem's units use reclaimed
development model, Braskem has
relied on two external partners:
wastewater as
feedstock. The
been working on a comprehensive
the National Institute for Space
resource is supplied by Aquapolo,
adaptation plan on five fronts –
Research,
for discovering and
the largest Company of its kind in
internal engagement, external
interpreting data for future climate
Latin America, with a reuse rate
coordination,
acquisition
and
scenarios, and the Getúlio Vargas
of 97% and capable of processing
interpretation of information, and
Foundation,
for methodology
1000 liters per second. Braskem
an increase in risk management –,
support.
all the while incorporating climate
consumes 65% of Aquapolo's
production capacity, liberating for
variables into its strategic plan.
The reuse of water as a mitigation
human consumption enough raw
initiative and a viable alternative
water to serve 500,000 people.
A significant milestone of this
during water shortage periods,
Note: For more details about
plan
in 2015 was
identifying
practices already ongoing at
Braskem's climate opportunities
and prioritizing potential climate
some of the Company's plants,
and risks, the data is available on
opportunities and risks at all
were among the study's primary
the CDP Investor website.
102
2015 | Braskem | Annual Report Developing
solutions
Braskem is permanently focused
strengthening its strategic vision
encourages entrepreneurship and
on improving people's lives through
by launching and consolidating
new applications development that
sustainable solutions of chemicals
two important projects. Wecycle,
have high social and environmental
and plastics. In 2015, the Company
focused
on
plastic
waste
impact and use plastic as a raw
took significant steps
toward
recycling. And Braskem Labs, that
material.
Wecycle: responsibility for the
product and post-consumer use
In 2015, Braskem
launched
processes and social responsibility
Wecycle, a business platform
actions that focus on recycling
seeking
to
increase
plastic
and enhancing
the
image of
waste
recycling
in different
plastic waste.
sectors of the economy through
partnerships with organizations
The highlight of the launch was
that already operate or are
an
initiative developed with
interested
in
working
in
Starbucks® Brazil throughout the
this segment.
year. On an experimental basis,
the project made use of discarded
levels of emissions during the
The platform also strengthens
waste – plastic cups and coffee
production of materials used in
Braskem's commitment to Brazil's
grounds
-
to manufacture
Starbucks® operations. Starbucks
plastic value chain, to innovation,
wastebaskets
for
Starbucks'
stores in Brazil were the first in the
technology and sustainability. Its
shops. The recycling process used
world to reuse waste discarded
scope of operation ranges from the
Braskem's Green Polyethylene
by customers and employees
creating products that use post-
I'm green™
to manufacture
as a source of recyclable raw
consumer recycled material to
these bins, reducing plastic waste
material for the production of
the certification or qualification of
disposal and generating lower
wastebaskets.
103
2015 | Braskem | Annual Report Wecycle closes the virtual consumer
disposal of bulk bags, drums, and
promote the progressive increase of
cycle and should develop further in
disposable water cups.
package recycling and provide, now
2016 through new partnerships with
In the same year, Brazilian institute
in its first phase, a 22% reduction in
other institutions.
Plastivida
signed
an
industry
the products disposed of in landfills.
agreement regarding the National
Also, in 2015 Braskem made efforts
Solid Waste Policy (PNRS), a law
In 2016, the Company expects to
toward increasing recycling of waste
regulated
in 2012 establishing
seek innovative recycling projects in
generated by its operation through
shared liability for Urban Solid Waste
the market and continue to invest in
a pilot project encouraging the
management. Once the commitment
partnerships with major institutions.
collection, separation, and correct
is signed, the agreement should
Braskem Labs:
encouraging innovation with
social and environmental impact
In
2015,
Braskem
created
developed a
training program
to
improving people's
lives.
Braskem
Labs,
an
incentive
for
selected
entrepreneurs
As a result of the first edition,
program for entrepreneurs with
with projects in areas such as
Braskem Labs had 159 projects
innovative solutions that improve
construction, health, culture, and
registered and 19 selected, and
people's lives through plastics.
others.
In partnership with Endeavor,
the mentoring process included
36 Braskem Leaders and 33
an international NGO that offers
The project came from Braskem's
Endeavor mentors.
support to entrepreneurs, Braskem
belief in increasingly using plastics
To encourage the entrepreneurial spirit
in Brazil, Braskem Labs seeks to fill in
the gaps of knowledge and experience
in the selected projects, strengthening
their processes of creation, innovation,
and management
During 45 days, selected companies
that provides convenience and
were able
to
improve
their
hygiene for patients and avoids
operations and produtcs through
contamination of samples
for
individual and collective mentoring
laboratory testing – which is now
with business experts, guided
produced with Green PE after
by learning paths customized for
participating in Braskem Labs –
their specific needs. Out of the
and B-Rap, plastic boxes used for
19 participants, two projects were
storing rainwater that have the
awarded support
for effective
potential of replacing concrete
development of their businesses:
structures in civil construction.
ColOff®, a toilet seat covering
Next
steps
In 2016, there will be a
second edition of Braskem
Labs.
In addition
to
proposals using plastic
for the development of
social and environmental
solutions,
the program
will also accept projects
focused on chemistry. A
special category dedicated
for projects fighting the
Aedes aegypti mosquito
will also be available.
104
2015 | Braskem | Annual Report Social and
Environmental
Development
G4•EC7 | G4•EC8
G4•SO2
Improving people's lives through
projects carried out by
the
creation of new projects that
sustainable solutions of chemicals
Company with communities
in
combine social impact and market
and plastics is the main positive
the vicinity of its production units,
development and also with the
effect generated by Braskem's
cascading to the regions where
broad dissemination to Leaders
operations in Brazil and worldwide.
they operate.
Materializing
this objective
is
and Team Members. Today, they
are organized around a social
directly associated with social
In 2015,
this
strategy was
operations strategy as shown in
and environmental responsibility
strengthened
through
the
the chart below:
Social Action Strategy
BOOST HUMAN DEVELOPMENT
Stimulate the growth of people
that form our communities
PROMOTE SOCIAL AND
ENVIRONMENTAL DEVELOPMENT
THROUGH CHEMICALS AND PLASTICS
Strengthen the social and environmental
contributions of the cycles of our main products
PROGRAMS
STAKEHOLDER
COMMUNITIES
SURROUNDING
COMMUNITIES
CHEMICALS AND
PLASTICS CHAIN
PLASTICS AND
CHEMICALS AS
A SOLUTION
PROJECTS
Braskem Theater
Award
Braskem on Stage
Award
Braskem Environmental
Stations
Forest Factory Institute
Lagoa Viva Environmental
Education Program
Innovating to Build
ser+ realizador
Edukatu
Braskem Labs
Fewer losses,
more water
105
2015 | Braskem | Annual Report Every project
supported by
development of communities, to
address
these
strategic
Braskem must address at least
bring together the Company and
objectives, its components and
one of the two social causes
its stakeholders, and to increase
characteristics
are
assessed
supported by
the Company:
the
level of
familiarity and
annually with the help of a
to generate social impact, to
visibility of its operations.
tool that allows for the precise
strengthen its reputation as a
diagnostic of the situation of
Company that contributes to the
To determine
if the projects
each project.
EVOLUTION OF THE ADHERENCE OF BRASKEM'S PROJECT
PORTFOLIO TO THE SOCIAL OPERATIONS STRATEGY
Number
of projects
31
20
12
11
11
Adherence*
6.4
7.2
Change of metric
8.4
8.7
8.9
2011
2012
2013
2014
2015
* Adherence not evaluated for projects in the process of construction or discontinuation.
Investment in social responsibility projects
G4•EC7 | G4•SO1 | G4•EN28
In 2015, Braskem and its Team Members invested R$ 25.8 million in social, environmental, cultural and
sports projects in Brazil as per broken down numbers below:
INVESTMENT
GOVERNMENT-INCENTIVIZED SPONSORSHIPS
Private Social Investment (PSI)
Projects of public interest: R$ 11 million in tax incentives
projects: R$ 5.4 million
(R$ 2.2 million in Income Tax (IR) and R$ 8.8 million in ICMS
(sales tax), in addition to R$ 697,000 as direct funds as consideration.
23 An additional R$ 279,000 in Income Tax is already recordedin the total amount for the Odebrecht Foundation's Tribute to
the Future program.
24 Another R$ 660,000 was invested as Braskem's consideration, already recorded in the total for the Private Social
Investment projects.
106
2015 | Braskem | Annual Report ODEBRECHT FOUNDATION
INVESTIMENT
A total of R$ 7 million was
Investment in a recycling project
donated by Braskem to the
through PICPlast: approximately
PDCIS and R$ 1.59 million
R$ 100,000.
jointly by Braskem and its Team
Members (subject to fiscal
benefit) for the Tributo ao Futuro
(Tribute to the Future) program.
In addition to direct investments by
Additionally, Braskem and almost
and social inclusion. On average,
Braskem and its Team Members,
1,450 of its Team Members made
R$ 5 million
is substantiated
the Private Social
Investment
donations through a program from
every year.
(PSI) projects in Brazil raised over
the Odebrecht Foundation called
R$ 7 million in 2015, with the
"Tribute to the Future" - donations
In Mexico, R$ 2.1 million (US$
participation of several partners,
to the Municipal Funds for the
629,500 / MX$ 10 million) were
among which were Ambev, Bunge,
Rights of Children and Adolescents,
invested in production projects.
Gerdau, municipal governments,
which are entitled to be deducted
In the United States, Braskem
and
SEBRAE
(Brazilian
from income tax. The program
invested more than R$ 667,700
Service
to Support Micro and
supports educational and social
(US$ 200,000)
in philanthropic
Small Enterprises).
projects based on the Charter for
donations, benefiting more than 30
Children and Adolescents (ECA - in
organizations or programs focused
In partnership with the Odebrecht
the Brazilian acronym), Law No.
on the benefits of plastics in the lives
Foundation, Braskem
supports
8,069/90, and are conducted by
of people and the field of sciences,
the
PDCIS
-
Program
for
the institutions that integrate the
technology,
engineering,
and
Development
and
Integrated
Governance Pact of the Odebrecht
mathematics. The amount invested
Growth with Sustainability.
Its
Foundation, aiming to contribute to
adds to the hundreds of hours
challenge is to establish a social,
the positive transformation in the
of volunteer work by Braskem's
economic, and environmentally
lives of children and adolescents.
Members
in
local communities.
sustainable development model,
One of the greatest contributions
retaining young people
in the
Since 2013, part of the Private
was made to the United Way, an
fields, integrated with their family
Social Investment (PSI) by Braskem
organization that has existed for
units in their communities. In the
and Odebrecht Foundation
is
over 125 years and that provides
scope of this program, created
used to substantiate the BNDES
support to local communities. Every
by
the Odebrecht Foundation,
Social Subcredit, a mechanism
year, Braskem, as well as numerous
initiatives were carried out in 350
that allocates 0.05% of
the
other organizations throughout the
communities, directly benefiting
organization's financing (equal to
United States, hold campaigns to
more than 30,000 people, and
or greater than R$ 100 million) to
encourage their Team Members to
indirectly, another 285,000.
initiatives that generate income
contribute to the program.
To learn more about the programs from Odebrecht Foundation, visit
Odebrecht Foundation
25 Donations can be deducted from Income Tax
26 Average exchange rate in 2005 was US$ 1.00 = MX$ 15.8846 and US$ 1.00 = R$ 3.3387. Source: Explanatory notes from the
administration for the financial statements on December 31, 2015 (amounts in thousands, except when stated otherwise) page
13, section c. Effect of exchange variation.
107
2015 | Braskem | Annual Report PRIVATE SOCIAL INVESTMENT PROJECTS
Braskem's Private Social Investment projects benefited more than 100,000 people in 2015. Among
them we can highlight the projects:
It is a collaborative initiative
Through
investments
in
waste for recycling (12% of the
promoted
by
Braskem
in
equipment and infrastructure of
total refers to plastics produced
partnership with Ambev, Bunge,
the screening units, training and
by Braskem: PP, PE and PVC). Of
Gerdau and Sebrae whose goal
personalized consulting, as well as
the total number of people, more
is to increase recycling of post-
a stimulus to work in a network,
than 1,369 received monthly
consumption waste
in Brazil,
the waste pickers of recyclable
guidance, and 70% of them
combining
the promotion of
material managed to
increase
managed to increase income.
the
supply
chain efficiency
their productivity and income.
The ser+
realizador project
in recycling to the
inclusion
attracted workers
committed
and
social
and
economic
In
2015,
a
total
of
70
to the recycling cause in Brazil,
development of waste pickers.
cooperatives, that gather 3,538
and this integration allows for
Braskem's contribution is mainly
pickers, were benefited by the
larger and more
structured
geared toward the development
project. Of
this amount, 48
investments:
in
2015,
the
of waste pickers and their social
received guidance and managed
partners invested more than R$
inclusion.
to send more than 25,000 tons of
5 million in project initiatives.
108
2015 | Braskem | Annual Report Highlights of the ser+ realizador program in 2015
Parceria pelo Meio Ambiente
Champions
in
increased
Support to municipal govern-
(Partnership
for
the
income in the state of Bahia:
ments: Braskem has supported,
Environment):
together with
the 33 members of the cooperative
since 2010, the municipal waste
the donation of 7,100 m of PVC
CAMAPET, a cooperative located
management program called Todos
piping to drain rainwater from the
in the city of Salvador, closed the
Somos Porto Alegre (We Are All
Maceió, AL beachfront, Braskem
year 2015 with an increase in
Porto Alegre), created to comply
also contributed to the project
income of 72% over the average
with Law No. 10,531, which estab-
Praia Viva through the project
for 2014. This significant increase
lishes the prohibition of traffic of ve-
ser+ realizador, delivering 100
occurred after members of the
hicles drawn by people and animal
sets of double waste collectors
cooperative organized themselves
in Porto Alegre by 2016.
(each comprised of one bin for
and began charging for waste
To achieve the objective of socially
organic material and another for
collection services in residential
including
those who had
their
recyclable waste), totaling 200
condominiums
and
large
wagons removed from circulation,
plastic bins to be installed on the
companies such as Coelba and
efforts were joined between public
beaches of Pajuçara and Ponta
Infraero.
Verde,
important
tourist and
authorities, civil society, and the
private sector. During the first phase
leisure area for the capital city.
Collection at
the Triunfo,
of the program, social educators
City officials are responsible for
RS Petrochemical Complex:
identified the primary needs of
collecting waste from the bins and
with the Maintenance Shutdown
participants and sent those who
discharging the material to big
of plant 1 of UNIB, RS, an
wished to change profession to
containers on the beach where
opportunity appeared to collect
a training course - and those who
the cooperative supported by
significant amounts of solid waste
wanted to continue in the recycling
the ser+ realizador performs the
to be sent to the AECO shed,
area received specialized training. In
collection.
the city's Recycling Association.
the second phase of the program,
Currently, in addition to UNIB 2,
initiated in 2015, the Screening
Increase
in
income with
other Braskem units in the state
Units where
the
cooperatives
recycling
of
electronics:
of Rio Grande do Sul, such as
work, underwent physical and
members
of
the
recycling
PP1, PE4 and PE6, also sent their
administrative
restructuring. The
cooperatives in the city of Maceió
solid waste to the Association,
third stage of the program, which
are benefiting from training and
with transportation paid for by
shall gain momentum in 2016, will
qualification on the segregation
the city government. Through
focus on environmental education,
of electronic scrap. Knowledge
this initiative, other companies
raising awareness among society
about electronic components and
of
the petrochemical complex
about the importance of recycling.
the correct extraction of parts
such as White Martins and the
Considering the success of this
has yielded an increase in income
State Sanitation Company of Rio
initiative, which in 2015 supported
of 56% in the sale of these
Grande do Sul (Corsan), in Brazil,
more than 1,900 pickers and sent
products, since after receiving
also started to send their waste to
more than 10,000 tons of waste for
training they are able to better
AECO.
identify components and, what
recycling, Braskem promoted the
structured management of post-
was once sold for R$ 7 per kilo,
As a result of this coordination, the
consumption and waste in other
can now be sold for as much as
volume of materials sent by the
communities near its operations. In
R$ 90 per kilo. In addition to
Braskem plants to the Association
2014, with the support from Braskem,
training courses in partnership
can be highlighted:
the
cooperative Mãos Verdes
with SEBRAE, Braskem donated
between November and December
(which helps with management
toolkits and specific equipment for
2015, a total of 4.9 tons of
of the Todos Somos Porto Alegre
this activity, thereby increasing
plastic and 5.6 tons of paper and
program) approved with
the
workplace safety for the members
cardboard were sent, with benefits
Salvador Municipal Government
of the cooperative.
to the workers in the shed.
and other organizations interested
109
2015 | Braskem | Annual Report in the Program for the Productive
Consortium of the Greater ABC
is the way to join all of the links
Inclusion of Pickers of Recyclable
Region established a partnership
of this chain. In 2016, the focus
Materials
and
Implementation
to plan and restructure the post-
of partners and the Mãos Verdes
of Selective Waste Collection in
consumption waste and recycling
Cooperative in the ABC region will
the City of Salvador - in 2015,
management system for the seven
be on completing the diagnostic
a consultation
letter to obtain
cities that comprise the region.
and delivering the consultation
financing
for
the
initiative
PICPlast is an initiative that aims to
letter
to
BNDES,
seeking
from BNDES. Also in 2015, PICPlast
contribute to competitiveness and
sponsorship for the actions that
(Incentive Plan for the Plastics
growth of plastic converting; and
will be conducted in the coming
Chain) and
the Inter-Municipal
the support to waste management
years by the municipalities.
2016
In 2016,
the
idea
is
to
institutions. As one example,
assesses the development of
strengthen the ser+ realizador
the
cooperatives will
be
co-ops in various fronts (legal
through
new
partnerships
evaluated through a diagnostic
requirements,
equipment,
and to promote the sharing of
tool of the PEX excellence
infrastructure,
leadership,
best practices among partner
program, from Ambev, which
training, health, among others).
The first online learning network
On its online platform (www.
In 2015, Edukatu doubled the
in
Brazil, which
promotes
edukatu.org.br),
the
initiative
number of participants, reaching
the
sharing
of
knowledge
offers access
to content on
20,000 registered in the portal,
and
practices
in
conscious
conscious
consumption
and
from more than 2,000 schools
consumption and sustainability
sustainability,
and
makes
in 27 states. Of
this
total,
among teachers and students in
available
to
students
and
more than 7,000 are directly
grade school throughout Brazil.
teachers materials about issues
involved in intervention projects
Advocated by the Akatu Institute
such
as
recycling,
climate
in
their school communities,
in partnership with Braskem, the
change, mobility, water, use
mobilizing approximately 43,000
project has the support from HP,
of
natural
resources,
and
people around
the conscious
Cargill Foundation, Costa Brava,
sustainable food, in formats and
consumption issue.
KPMG, Grupo Mais Unidos, and
language that are compelling to
institutional support from the
the project's audience - games,
Among the main highlights of the
Ministry of the Environment and
videos,
infographics, primers,
project for 2015, there are:
the Ministry of Education.
and classroom plans.
110
2015 | Braskem | Annual Report
Growing
visitation:
the
enabled through the promotion
disposal. Differently
from the
monthly average page views was
of a pilot project together with
version in the previous year, it
approximately 77,000 in the year,
the São Paulo Municipal Board
involved schools throughout the
up 83% when compared to the
of Education. Together, the two
Country. Three teachers - one
42,000 page views in 2014.
initiatives resulted in more than
from São Paulo, and two from
Personal
mobilization:
teachers and students registered.
challenge, which reached more
50% of the total number of
Alagoas - were awarded for this
developed with support
from
Braskem, direct visitation
to
than 8,000 people in different
regions. The winning teacher,
schools
and
teachers was
National
challenge
"The
Maria Ester Aluizo Nascimento,
maintained
in
the state of
Nature of Things": Edukatu,
from EMEF Octávio Pereira
Alagoas, in partnership with the
in partnership with Braskem,
Lopes, in São Paulo, worked
Lagoa Viva Institute. The activity
promoted a campaign called
with elementary and middle
was also reinforced in São Paulo
"A Natureza das Coisas 2015"
school students on excessive
in the first half of 2016, with
("The Nature of Things 2015") to
consumption
and
correct
three regional departments of the
discuss and analyze the impact
destination of waste and was
city (Jaçanã/Tremembé, Campo
of the life cycle of products,
awarded a trip to Itacaré, BA.
Limpo, and Capela do Socorro),
from production and use, up to
2016
In 2016, Edukatu
should
hygiene and water prices
animations, texts, and class
continue to escalate its results
have been available on the
programs), encouraging those
of the work with local partners,
platform since the beginning
who interact with the platform
aiming to decentralize activities
of the 2016 school year. In
to learn about the novelty
and to produce specific tools
all, approximately 20 new bits
and remain engaged through
for mobile platforms. New
of content will be published
the use of new materials and
content
about
recycling,
(between infographics, games,
resources.
111
2015 | Braskem | Annual Report Instituto Fábrica de Florestas
1,000 people were
trained,
restinga vegetation), in addition
- IFF (Forest Factory Institute)
and 16,739 were alerted about
to providing seedlings of native
contributed
towards
the
the value of forests. More than
plants used for the reforestation
construction of environmentally
116,000 seedlings were produced,
of the northern coast of the
responsible communities through
and approximately 39,000 were
state of Bahia. In 2015, the
the expansion, recovery, and
planted and are being monitored.
project
"Verão
Eco
Parque
maintenance of green areas, along
There was a 53% reduction in
Sauípe"
promoted
adventure
with
integrated environmental
the number of seedlings planted
activities inside the park, such
education.
The
organization
in 2014, resulting from a general
as climbing walls, zip line, kayak,
operates in the states of Bahia,
decline in demand for the planting
and
bicycles,
among
other
Rio de Janeiro, and São Paulo,
services in rural and urban areas.
educational activities such as a
and is maintained by Braskem,
Among the main highlights of the
visit to Braskem's Environmental
Cetrel - Odebrecht Ambiental,
program for 2015, there are:
Station, and
the Museum of
and COFIC (Camaçari Industrial
Natural History. There were more
Development Committee).
1 million seedlings produced:
than 2,800 visitors during the
since 2008, IFF has produced
three months of the project.
The work conducted by IFF is
more than 1 million seedlings,
developed
together with
the
600,000 of which have already
Financial Sustainability: IFF
Community, which is trained to
been
planted.
Furthermore,
close the year with an achievement
collect seeds, produce and plant
approximately 7,000 people have
that contributed to the financial
native seedlings, and maintain
been trained and an additional
balance of its activities - as an
planted
areas. The project
100,000 people alerted about
OSCIP, it was exempted from
promotes
the
Environmental
the importance of environmental
the cost of an Operating License.
Education Program (PEA), by
preservation.
training teachers and providing
Adding this benefit to previous
achievements such as exemption
guided
tours of
its Seedling
Verão Eco Parque Sauípe: this
of IPTU (property tax) and ISS
School for students of public and
program protects a 66-hectare
(service tax), IFF managed to
private schools.
area in the transition region of
save R$100,000.
Throughout the year, more than
Rainforest biome (forests and
two ecosystems of the Atlantic
2016
For
2016,
IFF
plans
on
addition to reinforcing partnerships
revenue will still be explored,
strengthening
its
financial
with public authorities and with the
such as the recovery of springs
sustainability,
focusing on
the
support of companies that need
to mitigate the water crisis and
donation of seedlings through
to comply with legal reforestation
the achievement of carbon credits
the hiring of planting services, in
requirements. Other sources of
from the planted areas.
112
2015 | Braskem | Annual Report Local initiatives
Pescadores de Mel (Alagoas):
of Maceió, Barra
de
São
For architects and engineers,
created in 2006 and reactivated in
Miguel, Marechal Deodoro, and
specialization
courses
are
2011, the project is the result of
Coqueiro Seco.
a partnership between Braskem
offered, and for job site workers,
courses on professional initiation
and Uniprópolis (Union of Red
Inovar para Construir (Rio
are made available focusing on
Propolis Producers in the State of
de Janeiro): developed
in
low-income young adults in Rio
Alagoas) for the social inclusion
partnership with
the FIRJAN
de Janeiro. In 2015, Inovar para
of fishermen in the communities
system, the project Inovar para
Construir created, in partnership
of Mundaú-Manguaba
through
Construir (Innovate to Build) is an
with Braskem Clients, five courses
training on beekeeping. All honey
initiative that aims to disseminate
(involving 17 solutions using
and red propolis produced by
solutions using plastic for civil
plastic), which are available on
the fishermen are processed by
construction. These
solutions
SENAI's product portfolio. Also
Uniprópolis for marketing, and the
are communicated via a virtual
in 2015, a total of 19 architects
propolis has a global competitive
platform (http://www.firjan.com.
and engineers, and 17 worksite
advantage of
the geographic
br/visaotecnologica), which
is
workers were
trained
in
the
certification issued by INPI. In
dedicated to promoting innovative
pilot courses.
2015, the project benefited 79
solutions for all industry sectors,
fishermen in the municipalities
starting with civil construction.
113
2015 | Braskem | Annual Report Green belts
G4•SO2
In all, 29 of the 40 Braskem units
Fundação Zoobotânica
-
the
of Research") for schools, libraries
have a green belt - a green area
continuous monitoring of
local
and environmental organizations
surrounding the plants that offer an
wildlife and flora and conducts
in the region, serving as a source
extra level of protection, preventing
guided tours for students aiming to
of research and teaching support.
the approximation of people and
promote environmental education
In the District of Pontal da Barra,
reducing exposure to risks. The
through games and workshops
adjacent to Braskem's chlor-alkali
greenbelt also protects species of
among the native woods. There
unit, in Maceió, AL, the green
the local wildlife and flora and helps
were more than 2,300 visitors in
belt is a space for studies, visits,
improve air quality.
2015, in addition to the distribution
and development of social and
of
the book
"Habitantes da
environmental projects. Recognized
Covering an area of 68 hectares,
Estação Ambiental Braskem
-
by UNESCO as an Advance Post
the green belt surrounding the
25 anos de pesquisa” (in loose
of the Atlantic Forest Biosphere,
Triunfo Petrochemical Complex
translation: "Dwellers of Braskem
in 2015, more than 3,800 people
carries out - with support from
Environmental Station - 25 Years
visited the location.
Safety and communication with communities
Braskem has open communication
program
is APELL (Community
the port of Aratu), more than ten
channels to all communities where
Alert and Preparedness for Local
years ago, the six companies that
it operates. In addition to a toll-
Emergencies),
implemented
in
own the pipelines signed a Term
free number and the ombudsman's
Maceió 15 years ago to train and
of Adjustment to enable Shared
office, the Community can talk
prepare public agencies, members
Management to minimize failure
to the Company through regular
and residents of the vicinity in case
and seek continuous improvement
meetings,
visitation programs,
of emergencies. Every year, two
in prevention and control of risks.
training, and interface with public
drills are conducted: one focusing
In the ethanol pipeline (a 475-km
authorities
-
initiatives which
on highway accidents and the other
pipeline that stretches through
are
commonly
promoted
by
with a focus on safety in industrial
the states of Alagoas, Sergipe,
Community Consulting Councils in
processes.
each location.
and Bahia), safety information is
conveyed to communities through
For the pipeline (connecting the
theater plays as a means to ensure
One of
the highlights of
the
Camaçari Industrial Complex to
adhesion and learning.
For more information, visit
Braskem > Society
114
2015 | Braskem | Annual Report VOLUNTARY
COMMITMENTS
G4•14 | G4•15 | G4•16
Braskem's sustainability prin-
Throughout the years, Braskem
Change, of the United Nations, was
ciples, which are incorporated
has been expanding the level of
held in Paris France. The Company,
into the operating processes
involvement in these forums, the
through several forums and mul-
and in the fabrication of the
relevance of its proposals, and the
tilateral programs, participated in
Company's products, also ex-
scope of its voluntary commitments
support of proposals defended by
tend to projects carried out
aiming to streamline the transition
the Brazilian government.
"externally". These initiatives
process to a low carbon economy
are conducted as part of the
that is competitive, responsible,
As a member of the Brazilian
voluntary
commitments
sig-
and inclusive.
ned by the Company under
Network of the UN Global Compact,
the Company had an active con-
the governance agenda of the
Concerns with climate, the impact
tribution in the construction of
international organizations for
on global warming, and the need to
Sustainable Development Goals
sustainable development and
implement a carbon pricing market
(SDGs), which will enter into force
materialized through participa-
were some of the aspects with
with goal established to be fulfilled
tion in corporate forums with
greatest highlights in Braskem's
by 2030 and replace the Millennium
specific competencies within
operations in 2015; the year when
Development
Goals
(MDGs),
the economic, social, and envi-
the 21st edition of the Conference
set up for the period of 2000
ronmental pillars.
of the Parties (COP-21) on Climate
to 2015.
Brazilian Corporate Council for
Sustainable Development (CEBDS)
In 2015, Braskem was one of the
Business Council for Sustainable
in relevant aspects for Braskem is
first companies to adhere to the
Development (WBCSD), which has
sustainability agenda during the
coalition "We Mean Business". In
almost 60 national and regional
COP-21 including pricing of carbon
Brazil, it is supported by CEBDS,
councils in 36 countries in 22
and use of an energy matrix from
an association that gathers 70
industry sectors, in addition to 200
renewable
sources.
In 2014,
corporate groups in Brazil acting
corporate groups operating in all
CEBDS assumed coordination of
as representatives of the World
continents. The coalition advanced
the Brazilian Network for LCA.
Ethos Institute - Companies of the Climate Forum
In August 2015, four months
conducted by the Ethos Institute,
networks
the production and
before COP-21, Braskem expanded
replaced
the
commitments
marketing of products
from
its
voluntary
commitments
assumed by the companies in the
illegal deforestation or
illegal
towards a reduction in the level
previous Open Letter, in 2009,
exploitation. Additionally,
the
of greenhouse gasses by signing
in addition to proposing new
document
suggests
to
the
the Open Letter to Brazil on
initiatives. Companies signatory
Brazilian government the creation
Climate Change. The document,
to the document agreed to reduce
of a multilateral mechanism for
produced with the Companies of
greenhouse gas emissions and
the pricing of carbon and the
the Climate Forum organization
increase their energy efficiency,
strengthening of mechanisms to
and whose executive secretary is
as well as eliminate from its
promote innovation.
116
2015 | Braskem | Annual Report Fundação Getúlio Vargas - Companies for the Climate
Since
2012,
Braskem
has
reduction of greenhouse gas
INPE (National Institute for Space
participated
in
the
initiative
emissions, management of climate
Research). Also, as a way to take
Companies
for
the Climate, a
risks, and proposal of public policies
the lead in the process to develop
corporate platform created by the
concerning climate change. In this
a carbon pricing market,
the
Center for Studies on Sustainability
aspect, Braskem made substantial
Company participated, in 2015, in
by the Fundação Getúlio Vargas,
progress in 2015 by completing
a simulation to trade emissions,
with
the
support
of
other
the study on risk management and
which reinforces the Company's
businesses of the private sector.
climate opportunities
(physical,
initiatives to lead the process of
The idea is to raise awareness
reputational, of the value chain)
consolidating a carbon pricing
and coordinate corporate leaders
for 100% of its industrial plants
market.
towards
management
and
with the support of GVCes and
Global Sustainability Program (CDP)
In 2015,
the Company was
and, in 2008, started reporting its
the section on climate change). As
the highlight of
the carbon
GHG emissions. All
information
a next step, Braskem will expand
management product of CDP
published can be consulted at www.
the approach to Suppliers in 2016
Brazil, with 100% transparency
cdp.net (the website is in English).
in the water resources module,
and A- level results. CDP was
In 2013, Braskem
joined the
focusing on companies that are
launched
in 2000 aiming
to
CDP Supply Chain in the module
located in regions prone to water
collect and publish data on
Climate Change, aiming to raise
shortages). Since 2014, Braskem
greenhouse gas emissions (GHG)
awareness and engage its prime
has voluntarily responded to CDP
of companies in more than 60
Suppliers
for
the preparation
Water, addressing its strategy and
countries, becoming one of the
of GHG emissions
inventory
results regarding water resources.
most important indicators of its
and identification of risks and
All data are available on the
kind. Braskem has supported
opportunities
to
reduce
their
CDP website.
the initiative since its inception
impacts (for more information, see
Brazilian Network of the Global Compact
of the United Nations
In 2015, the global compact of the
Losses in Water Distribution, which
Committee since 2008. The company
United Nations completed 15 years,
aims to fight losses in treated water
chaired the committee in the 2013-
and Braskem, a signatory to and
throughout the distribution network.
2014 biennium, the same year when
member of the Brazilian network
The initiative is in line with the sixth
it joined the "Corporate Leadership for
of the Global Compact since 2007,
Sustainable Development Goal (SDG),
Pricing of Carbon".
has been among the companies
which seeks to "Ensure availability
recognized for their efforts toward
and sustainable handling of water
Braskem has also integrated the
Sustainable Development.
and sanitation by all." The project
LEAD Group of the Global Compact
also relies on the participation of
since 2013. Forty-five companies
One of the first collective actions to
companies, government organizations,
are selected to have a closer contact
advance in the SDGs, filed in 2015,
and nongovernmental organizations.
with the leadership of the initiative
is jointly led by Braskem. Together
in the United States and enable their
with SANASA, the Company launched
Braskem is a member of the Brazilian
influence on strategic decisions.
the Movement for the Reduction of
Network of
the Global Compact
117
2015 | Braskem | Annual Report Carbon Pricing Leadership Coalition (WB)
Continuously seeking to expand the consolidation of the carbon pricing market, Braskem joined in 2014 the
"Carbon Pricing Leadership Coalition"; an initiative of the World Bank that seeks to mitigate climate change
through the introduction of carbon pricing mechanisms.
Women's Empowerment Principles (WEP)
Also in 2015, Braskem assumed a
of women. This public engagement
has to do with equal treatment of
public commitment to the United
is one of the initiatives within the
women and men, respecting human
Nations' initiative called Women's
Diversity Program,
launched by
rights and nondiscrimination, and
Empowerment Principle, which aims
Braskem with a primary focus on the
the assessment and publication
to promote measures that support
gender equality issue. One of the
of Company progress
towards
gender equality and empowerment
Women's Empowerment Principles
promoting gender equality.
International Council of Chemical Associations (ICCA)
As a member of the International
and operates in working groups
Care, which, since 1992, has
Council Chemical Associations,
on energy, climate change, and
sought to improve environmental
Braskem presented a set of its
chemical safety. The company
management
of
chemical
sustainability
initiatives
in a
also has a seat in internal groups
industries and of their production
corporate event on the reduction
on
leadership
in Responsible
chain in Brazil, and the Global
of greenhouse gas emissions
Operation, Chemical Safety, and
Product Strategy (GPS) a program
called
"Brazilian
Strategy
Energy & Climate Change.
that seeks to promote recognition
Post-2020:
Challenges
and
and dissemination of possible
Opportunities,"
sponsored by
Through
ABIQUIM
(Brazilian
risks to workers, consumers, and
ICCA, as the concurrent activity
Association of
the Chemical
the environment, arising
from
with COP-21, in 2015.
Industry) and ACC (American
the production, handling, and
Chemistry
Council),
Braskem
marketing of chemical products.
The group integrates the executive
contributed with
initiatives of
leadership group of the entity
the ICCA, such as Responsible
118
2015 | Braskem | Annual Report Map of Corporate Recycling Commitment (CEMPRE)
and the Declaration of Cleaner Production
Braskem also operates with
processes. In this sense, the
on
integrated management of
commitments
geared
toward
company participates
together
waste. Created in 1992, CEMPRE
waste management
in
its
with other businesses in the private
conducts technical research and
production, aiming
to
reduce
sector of the CEMPRE – Corporate
seminars, disclosing publications
impact on the environment and
Committee
on Recycling,
a
and
organizing
databases
gain more efficiency in the use of
nonprofit organization dedicated
on
reduction,
reuse,
and
natural resources in its production
to promoting recycling, focusing
recycling of waste.
Akatu
Institute
Trata Brazil
Institute
A nonprofit, nongovernmental
A Civil Society Organization
board of Trata Brasil, Braskem
organization that works together
of Public Interest, Trata Brasil
was one of the founders of
with society to promote conscious
aims to coordinate initiatives
the Institute in 2007, along
consumption. Braskem supports
on
information and national
with companies such as Solvay
the Institute and sponsors the
mobilization for Brazil to reach
Indupa, Tigre, Amanco, and
program Edukatu, an initiative
universal
access
to
basic
others.
that focuses on education towards
sanitation. As a member of the
sustainability. More information
about Edukatu can be found in
the Social and Environmental
section of this report.
Brazilian Corporate Network for
Life Cycle Assessment
The
network was
officially
as Basf, Braskem, Boticário,
launched
in October 2013 to
Danone,
Duratex,
Embraer,
disseminate the practice of Life
Embrapa, GE, Klabin, Natura,
Plastivida-
Plastics
Social and
Environmental
Institute
Cycle Assessment
(LCA),
to
Odebrecht, Oxiteno,
Pepsico,
An entity
that
institutionally
promote training on Life Cycle
Petrobras, Raízen, Tetra Pak,
represents the production chain
Management and support
the
Vale, Volkswagen, Votorantim
of the sector to communicate
creation of a Brazilian database
Cimentos and 3M. In 2014, the
the importance of plastics in
for
life
cycle
inventories.
LCA Network joined CEBDS as a
modern lifestyles and promote
Currently, the network has the
thematic chamber.
participation of companies such
its
environmentally
correct
use, while prioritizing
social
responsibility initiatives.
119
2015 | Braskem | Annual Report Na Mão Certa Program
Launched in 2006 by Childhood
ways of fighting sexual exploitation
This includes businesses in the
Brazil, the Na Mão Certa Program
of children and adolescents on
logistics and transport sectors,
aims to mobilize governments,
Brazilian highways. More
than
in addition to companies from a
companies, and
third
sector
1,400 companies, among which
variety of industry sectors that hire
organizations around more efficient
Braskem, have signed the pact.
these services.
Green Industry Platform
Braskem was the first Brazilian Company to adhere to this initiative of the United Nations Industrial
Development Organization (UNIDO), and the United Nations program for the Environment. The platform
aims to promote and disseminate the development of environmental, climate, and social programs among
Company operations.
Forums and Associations
Braskem also participates, in an engaged and strategic manner, of the following forums and associations:
•
Abiclor: Associação Brasileira
Council
•
CCPS: Center for Chemical
das Indústrias de Cloro
•
AFPM: American Fuel &
Process Safety
•
Abiquim: Associação Brasileira
Petrochemical Manufacturers
•
CNI: Confederação Nacional
da Indústria Química
•
Anpei: Associação Nacional de
da Indústria
•
Abrace: Associação Brasileira
Pesquisa e Desenvolvimento
•
INP: Instituto Nacional do
dos Grandes Consumidores
das Empresas Inovadoras
Plástico
Industriais de Energia
•
ASEMEXBRA: Associação
•
ABRE: Associação Brasileira de
Comercial Mexicana
Embalagens
•
Asfamas: Associação Brasileira
•
ABTP: Associação Brasileira de
dos Fabricantes de Materiais
•
•
•
Instituto Ethos
Instituto PVC
Think Plastic Brazil
Terminais e Portos
para Saneamento
•
ACC: American Chemistry
•
Bioplastics Council
For more information, visit
Braskem > Voluntary Commitments
120
2015 | Braskem | Annual Report CONTENT
INDEX
G4•32
Indicator
Description
Content Overall Standards
Strategy and Analyses
Disclosure
Statement from the most senior decision-maker of
the organization (such as CEO, chair, or equivalent
G4-1
senior position) about the relevance of sustainability
Page 3
to the organization and the organization's strategy
for addressing sustainability.
Description of key impacts, risks, and opportunities
G4-2
related to sustainability and its effects on
Pages 3, 12
stakeholders.
Organizational Profile
G4-3
G4-4
G4-5
Name of the organization
Primary brands, products, and/or services
Location of the organization headquarters
Page 7
Page 7
Page 7
The number of countries where the organization
operates, and names of countries where either
G4-6
the organization has significant operations or that
Page 7
are specifically relevant to the sustainability topics
covered in the report.
Nature of ownership and legal form.
Page 7
Markets served (including geographic breakdown,
sectors served, and types of customers/
Page 7
beneficiaries).
Scale of the organization, including number of
employees, number of operations, net sales, total
capitalization (debt and net equity), products or
Pages 7, 36
services provided
The total number of employees by type of contract,
gender, and region.
Page 48
Percentage of employees covered by collective
covered by collective bargaining
bargaining agreements.
agreements, 41.8% in Mexico, and
98.8% of Members in Brazil are
G4-7
G4-8
G4-9
G4-10
G4-11
G4-12
The organization's supply chain
9.7% in the USA.
Page 77
122
2015 | Braskem | Annual Report Indicator
Description
Disclosure
Significant changes during the reporting period
regarding the organization size, structure,
ownership, or its supply chain, including: changes
in the location or operations (facility openings,
G4-13
closings, and expansions); changes in the share
Page 19
capital structure and other capital formation,
maintenance, and alteration; changes in the location
of Suppliers, or in relationships with Suppliers,
including selection and termination.
G4-14
Report whether and how the organization addresses
the precautionary approach or principle.
Page 115
As a principle, by the Health,
Safety, Environment, Quality, and
Productivity Policy, Braskem does
not produce, handle, use, market,
transport, or dispose of any
product if it is not possible to do
so safely with minimal impact on
the environment.
Externally developed economic, environmental and
G4-15
social charters, principles to which the organization
Page 115
subscribes or which it endorses.
Memberships of associations (such as industry
associations) and/or national or international
advocacy organizations in which the organization
G4-16
holds a position on the governance body;
Page 115
participates in projects or committees; provides
substantive funding beyond routine membership
dues; views membership as strategic
Identified Material Aspects and Boundaries
a. List all entities included in the organization's
consolidated financial statements or equivalent
G4-17
documents b. Report whether any entity included in
the organization's consolidated financial statements
Page 7
or equivalent documents is not covered by the
report.
Process for defining the report content and the
G4-18
Aspect Boundaries: process for implementation of
Page 32
G4-19
the principles for defining report content
Material aspects identified in the process for defining
report content.
Page 32
123
2015 | Braskem | Annual Report Indicator
Description
Disclosure
For each material Aspect, report the Aspect
Boundary within the organization, as follows:
(1) whether the Aspect is material within the
organization; (2) If the Aspect is not material for all
entities within the organization (divisions, operating
G4-20
units, subsidiaries, and joint ventures), select one
of the following two approaches and report either:
Page 32
(i) entities or groups of entities included in G4-17
for which the Aspect is not material or (ii) entities or
groups of entities for which the Aspect is material;
(3) any specific limitation regarding the Aspect
Boundary within the organization.
For this cycle, no new material
aspects were identified. Reference
of the macro-objectives defined by
the organization and the aspects
related to each one of them were
followed. Thus, the classification
of aspects and boundaries,
both inside and outside the
organization, is shown below:
The following macro-objectives are
considered material, outside of the
For each material aspect, report its boundary outside
Company:
the organization, as follows: (1) whether the Aspect
Climate change, post-consumption,
is material outside of the organization; (2) if the
local development, and Safety
Aspect is material outside of the organization,
(safe use of the product).
G4-21
identify the entities, groups of entities or elements
Braskem monitors Indicators
for which the Aspect is material and describe the
related to these aspects outside
geographical; (3) report any specific limitation
the Company, when the third-party
regarding the Aspect Boundary outside the
database is available and reliable.
organization.
Examples of monitored data:
Scope 3 emissions, plastics
recycled by recycling cooperatives
supported by the Company,
benefits from social investment
partners, and the safe use of
products. The geographic locations
of the entities are scattered,
with the exception of local
development, which focuses on
communities neighboring Braskem
operations.
Effect of any restatements of information provided
in previous reports, and the reasons for such
G4-22
restatements (such as mergers or acquisitions,
Page 63
change of base year or period, in the type of
business, in measurement methods).
G4-23
Significant changes from previous reporting periods
in the Scope and Aspect Boundaries.
No major change in addition to the
start of operations of the Braskem
Idesa plant, in Mexico.
124
2015 | Braskem | Annual Report Indicator
Description
Stakeholder Engagement
G4-24
G4-25
List of stakeholder groups engaged by the
organization.
The basis for identification and selection of
stakeholders with whom to engage.
Approach to stakeholder engagement, including
frequency of engagement by type and by
Disclosure
Page 32
Page 32
G4-26
stakeholder group, and an indication of whether any
Page 32
of the engagement was undertaken specifically as
part of the report preparation process.
Report key topics and concerns that have been
raised through stakeholder engagement, and how
the organization has responded to those key topics
and concerns, including through its reporting.
Stakeholder groups that raised each of the key
topics and concerns.
Page 32
G4-27
Report Profile
G4-28
G4-29
G4-30
G4-31
G4-32
G4-33
Reporting period (such as fiscal or calendar year) for
information provided.
Date of most recent previous report (if any).
2015
2014
Reporting cycle (such as annual, biennial, etc.).
Annual
Contact point for questions regarding the report or
its contents.
Table that identifies the location of the information
in the report, mentioning: (1) the 'in accordance'
option the organization has chosen, (2) external
assurance (if any).
Page 153
G4 Core
Page 121,
GRI Content Index
Policy and current practices with regard to seeking
External assurance carried out by
external assurance for the report; relationship
KPMG, occurs through the request
between the organization and the assurance
of the Leaders and is part of the
providers; whether the highest governance body or
set of annual goals for the Leaders
senior executives are involved in seeking assurance
responsible for developing the
for the report.
report.
Governance
Governance structure of the organization, including
committees of the highest governance body
G4-34
responsible for specific tasks, such as assisting the
Pages 22, 26
Board of Directors in decision-making on economic,
environmental and social impacts.
125
2015 | Braskem | Annual Report Indicator
Description
Disclosure
Report whether the Chair of the highest governance
G4-39
body is also an executive officer (and, if so, his or
her function within the organization's management
Page 26
and the reasons for this arrangement).
Ethics and integrity
Organization's values, principles, standards and
G4-56
norms of behavior, such as codes of conduct and
Pages 9, 24
ethics
Internal and external mechanisms for seeking advice
G4-57
on ethical and lawful behavior and in compliance
with the legislation, such as relationship channel
Page 24
(ex.: Ombudsman's Office).
Report the internal and external mechanisms for
reporting concerns about unethical or unlawful
behavior, and matters related to organizational
integrity, such as escalation through line
management, whistleblowing mechanisms or
G4-58
Pages 23, 24
hotlines.
Specific Standard Disclosures
Material Aspects: all
Macro Objectives: all
G4-DMA
Generic Disclosures on management approach
Page 37
Material Aspects: Economic performance
Macro Objectives: Economic-financial results
G4-EC1
Direct economic value generated and distributed
Page 36
G4-EC2
Financial implications and other risks and opportunities
for the organization's activities due to climate change
Pages 36, 72, 99
Additional information about this
indicator is available in the CDP 2015
report, found at:
https://www.cdp.net > Company
Responses > Braskem S. A.
(https://www.cdp.net/en-US/
Results/Pages/Company-Responses.
aspx?company=2135)
G4-EC4
Financial assistance received from government
Page 46
Aspects: Market presence
Macro Objectives: Local development
Ratios of standard entry level wage by gender
G4-EC5
compared to local minimum wage at significant
locations of operation
Page 54
Amounts per gender are not
shown, since the entry level wage
at Braskem is the same for men
and women; in other words, the
same amount applies to both.
126
2015 | Braskem | Annual Report Indicator
Description
Disclosure
Page 50
Management positions and above:
82% are local (were born in the state
in which they are allocated).
In Mexico and Germany, Leaders
G4-EC6
Proportion of senior management hired from the
include all Team Members with
local Community at significant locations of operation
subordinates and 21% and 63%
Aspects: Indirect economic impacts
Macro Objectives: Local development
of them, respectively, were hired
locally. At international offices, 38%.
There is no data reported from the
United States because there was no
monitoring of this information.
Pages 105, 106
There is no breakdown of this
Development and impact of infrastructure
information, since all investments were
G4-EC7
G4-EC8
investments and services provided
Significant indirect economic impacts, including the
extent of impacts
Aspects: Procurement practices
Macro Objectives: Local development
G4-EC9
Proportion of spending on local Suppliers at
significant operating units
made as contributions (cash or donated
equipment), and all services were offered
for free.
Pages 14, 87, 105
Page 76
Braskem defines local Suppliers as
those located in the same Country as
the Company's unit that purchased its
products or services.
127
2015 | Braskem | Annual Report Indicator
Description
Aspects: Materials
Macro Objectives: Renewable resources
Disclosure
Among the main non-renewable direct
materials used by Braskem are naphtha,
condensate, ethane, propane, HLR, and
sodium chloride. The Company also uses
ethanol manufactured from sugar cane
to produce ethylene from renewable
sources, thus reducing demand for non-
renewable resources.
Braskem considers materials to be
those present in the final product. Non-
renewable materials are resources that
cannot be renewed at the same rate as
they are consumed, such as minerals,
metals, oil, coal, and gas.
The amounts used are not disclosed,
since it is commercially sensitive
information.
Braskem invests in renewable
raw materials, so there are no
raw materials from recycling.
At industrial plants, reuse is
maximized through a return to
the chain within the production
process, which would be
equivalent to internal recycling.
Investments in energy and
chemical recycling are being made
for the future.
G4-EN1
Materials used by weight or volume
G4-EN2
Percentage of materials used that are recycled input
materials
Aspects: Energy
Macro Objectives: Energy efficiency
Energy consumption within the organization
Pages 72, 99
G4-EN3
G4-EN5
G4-EN6
G4-EN7
Energy intensity
Reduction of energy consumption.
Reductions in energy requirements of products and
services
Aspects: Water
Macro Objectives: Water efficiency
G4-EN8
Total water withdrawal by source
G4-EN10
Percentage and total volume of water recycled and
reused
Page 72
Page 72
Page 87
Page 68
Page 68
128
2015 | Braskem | Annual Report Indicator
Description
Aspects: Biodiversity
Macro Objectives: n/a (material only for Mexico)
Disclosure
Description of significant impacts of activities,
built in areas where there was
G4-EN12
products, and services on biodiversity in protected
no industrial activity, such as
areas and areas of high biodiversity value outside
in Mexico, the Country where
Page 20
The main impact of Braskem's
operations on biological diversity
occurs when new units are
protected areas
G4-EN14
Total number of IUCN red list species and in other
conservation lists with habitats in areas affected by
operations of the organization, by level of extinction
risk
Braskem Idesa concluded the
construction of a petrochemical
complex. These impacts are
reversible in the medium-term
(approximately 10 years).
Page 20
There is only one endangered species
affected by Braskem's operations, the
Ceratozamia miqueliana (flora, critical
status), in Mexico. With the transposition
of the plants found to an environmental
protection area created by the Company,
the number of plants significantly
increased.
Aspects: Emissions
Macro Objectives: Climate change
G4-EN15
Direct greenhouse gas (GHG) emissions (Scope 1)
Pages 72, 99
G4-EN16
G4-EN17
G4-EN18
Indirect Greenhouse Gas (GHG) emissions from the
purchase of energy (scope 2)
Pages 72, 99
Other indirect emissions of greenhouse gases
Pages 72, 99
Intensity of greenhouse gas (GHG) emissions
Pages 72, 99
G4-EN19
Reduction of greenhouse gas (GHG) emissions
Page 99
Macro Objectives: Climate change
G4-EN20
Emissions of ozone-depleting substances (ODS)
Pages 72, 73, 99
Macro Objectives: Energy
G4-EN21
NOx, SOx and other significant air emissions
Pages 72, 73, 99
Aspects: Effluents and waste
Macro Objectives: Water efficiency
G4-EN22
Total water discharges by quality and destination
Page 68
Macro Objectives: Safety
G4-EN23
Total weight of waste by type and disposal method
Page 66
129
2015 | Braskem | Annual Report Indicator
Description
Aspects: Products and services
Macro Objectives: Development of applications
Disclosure
G4-EN27
Extent of impact mitigation of environmental impacts
avoided by the use of Braskem
of products and services
products. Of this total, 54.2 million
Page 87
57.2 million tons of CO2 equivalent
of greenhouse gas emissions
Macro Objectives: Post-consumption
G4-EN28
Percentage of products sold and their packaging
materials that are reclaimed by category
Material aspects: Compliance
Macro Objective: Strengthening of practices
Monetary value of significant fines and total number
G4-EN29
of non-monetary sanctions for non-compliance with
environmental laws and regulations
tons refer to emissions avoided
during the estimated lifetime of
974,000 vehicles in Brazil.
Page 106
Braskem works with recycling
cooperatives in Brazil to encourage
recycling of its products and
packages.
Braskem was not definitively convicted
to pay fines or comply with non-
monetary sanctions during the period.
For the purpose of this report, the
same materiality criteria used in the
form of reference established by
the Brazilian Securities Exchange
Commission (“CVM”) was adopted,
in accordance with CVM Instruction
Standard 480/2009 – R$ 60 million.
For environmental issues, the amount
of R$ 10 million was considered.
Aspects: Overall
Macro Objectives: Climate change, energy, water
G4-EN31
Total investments and expenditures in environmental
protection by type
Page 75
Aspects: Employment
Macro Objectives: Economic-financial results
G4-LA1
Total number and rates of new employee hired and
employee turnover by age group, gender and region
Pages 48, 51
130
2015 | Braskem | Annual Report Indicator
Description
Material aspects: Safety
Macro Objectives: Occupational health
Disclosure
Page 59
The registration system for health
and safety does not discriminate
data by gender.
Types and rates of injuries, occupational diseases,
The method of monitoring
G4-LA6
lost days, absenteeism and number of work-related
absenteeism is being revised;
fatalities, by region and gender.
therefore, it was not possible
to raise this data. Expected
adjustment deadline: 2nd half of
2016, to be included in the 2016
AR.
Material aspects: Diversity and Equal Opportunity
Macro Objectives: None, since the related issues are not material
LA12
Composition of governance bodies and breakdown
of employees by employee category according to
gender, age group, minority group membership, and
Page 48
other indicators of diversity.
Material aspects: Local communities
Macro Objectives: Local development
Percentage of operations with implemented local
G4-SO1
Community engagement, impact assessments, and
Page 106
development programs
G4-SO2
Operations with significant actual and potential
negative impacts on local communities
Pages 62, 105, 114
Material aspects: Anti-corruption
Macro Objectives: Strengthening of Practices
G4-SO5
Confirmed incidents of corruption and actions taken
Page 25
Material aspects: Public Policies
Macro Objectives: Strengthening of Practices
G4-SO6
Total value of political contributions by Country and
recipient/beneficiary
Zero. In Brazil, in 2015, Braskem
did not make any donations to
political parties. Made only in
election years in the past, these
donations are now suspended and
prohibited by law. Braskem does
not make political contributions
in any of its other countries of
operation.
131
2015 | Braskem | Annual Report Indicator
Description
Disclosure
Material aspects: Anti-competitive Behavior
Macro Objectives: Strengthening of Practices
Total number of legal actions for anticompetitive
G4-SO7
behavior, anti-trust, and monopoly practices and
their outcomes
Zero
(Indicator restricted to national
territory)
Material aspects: Compliance
Macro Objectives: Strengthening of Practices
Monetary value of significant fines and total number
G4-SO8
of non-monetary sanctions for non-compliance with
environmental laws and regulations
Material aspects: Client Health and Safety
Macro Objectives: Safety
Braskem was not definitively convicted
to pay fines or comply with non-
monetary sanctions during the period.
For the purpose of this report, the
same materiality criteria used in the
form of reference established by
the Brazilian Securities Exchange
Commission (“CVM”) was adopted,
in accordance with CVM Instruction
Standard 480/2009 – R$ 60 million.
For environmental issues, the amount
of R$ 10 million was considered.
Page 65
The entire portfolio (100%).
Product categories: Basic Inputs,
Percentage of significant product and service
PP, PE/EVA, PVC and Chlor-Alkali.
G4-PR1
categories for which health and safety impacts are
Evaluation of impact on health
assessed for improvement
G4-PR2
Total number of incidents of non-compliance with
regulations and voluntary codes concerning the
health and safety impacts of products and services
during their life cycle, by type of outcome
and safety. Internal Audits are
periodically carried out (SEMPRE,
SGI, and external certifications
such as ISO 14001, etc.)
Page 65
We did not have registered
complaints, systematically or
through focus groups for Client
feedback, for regulations regarding
impacts on health or safety during
the life cycle of Braskem products,
including issues regarding data
sheets and product labeling.
132
2015 | Braskem | Annual Report Indicator
Description
Disclosure
Material aspects: Product and Service Labeling
Macro Objectives: Safety
Type of product and service information required
by the organization's procedures for product and
G4-PR3
service information and labeling, and percentage of
Page 65
significant product and service categories subject to
such information
G4-PR4
Total number of incidents of non-compliance with
regulations and voluntary codes concerning product
and service information and labeling, by type of
outcomes
Page 65
We did not have registered
complaints, systematically or
through focus groups for Client
feedback, for regulations regarding
impacts on health or safety during
the life cycle of Braskem products,
including issues regarding data
sheets and product labeling.
Aspects: Marketing Communications
Macro Objectives: Strengthening of Practices
Total number of incidents of non-compliance
noncompliance with voluntary
G4-PR7
with regulations and voluntary codes concerning
regulations and codes relating
marketing communications, including advertising,
to marketing communications,
promotion, and sponsorship, by type of outcomes
including advertising, promotion,
There were no cases of
and sponsorship.
Material aspects: Compliance
Macro Objectives: Strengthening of Practices
Monetary value of significant fines for non-
G4-PR9
compliance with laws and regulations concerning the
provision and use of products and services.
Braskem was not definitively
convicted to pay fines or comply
with non-monetary sanctions
during the period. For the
purpose of this report, the same
materiality criteria used in the
form of reference established by
the Brazilian Securities Exchange
Commission (“CVM”) was adopted,
in accordance with CVM Instruction
Standard 480/2009 – R$ 60
million. For environmental issues,
the amount of R$ 10 million was
considered.
Aspects: Non-discrimination
Macro Objectives: Strengthening of Practices
G4-HR3
Total number of incidents of discrimination and
corrective actions taken
Page 25
133
2015 | Braskem | Annual Report LIMITED ASSURANCE REPORT ISSUED
BY INDEPENDENT AUDITORS
To the Directors and Officers of
Braskem S/A
São Paulo - SP
Introduction
We have been engaged by Braskem S/A (“Braskem”) to apply limited assurance procedures on the sustainability
information disclosed in Braskem’s 2015 Annual Report, related to the year ended December 31st, 2015.
Responsibilities of Braskem’s Management
The management of Braskem is responsible for preparing and adequately presenting the information in the 2015
Annual Report in accordance with the Global Reporting Initiative (GRI) Sustainability Reporting Guidelines (GRI-G4)
as well as the internal controls determined necessary to ensure this information is free from material misstatement,
resulting from fraud or error.
Independent auditors’ responsibility
Our responsibility is to express a conclusion about the information in the 2015 Annual Report based on the limited
assurance engagement conducted in accordance with Technical Communication (TC) 07/2012 approved by the
Federal Accounting Council and prepared in accordance with NBC TO 3000 (Assurance Engagements Other Than
Audits and Reviews), issued by the Brazilian Federal Accounting Council - CFC, which is the equivalent to international
standard ISAE 3000 issued by the International Federation of Accountants applicable to Non-Financial Historical
Information. These standards require compliance with ethical requirements, including independence ones and also
that the engagement is conducted to provide limited assurance that the information in the 2015 Annual Report, taken
as a whole, is free from material misstatement.
A limited assurance engagement conducted in accordance with NBC TO 3000 (ISAE 3000) consists mainly of questioning
the management of Braskem and other professionals of the Company involved in the preparation of the information
disclosed in the 2015 Annual Report and applying analytical procedures to obtain evidence that allows us to make a
limited assurance conclusion about the sustainability information taken as a whole. A limited assurance engagement
also requires additional procedures when the independent auditor learns of issues which lead them to believe that the
information disclosed in the Annual Report 2015 taken as a whole could present material misstatement.
The selected procedures were based on our understanding of the issues related to the compilation, materiality
and presentation of the information disclosed in the 2015 Annual Report, other engagement circumstances and
considerations regarding areas and procedures associated with the material sustainability information disclosed in the
2015 Annual Report where material misstatement could exist. The procedures consisted of:
(a) planning: consideration of the materiality of aspects to Braskem’s activities, relevance of the information disclosed,
amount of quantitative and qualitative information and operational systems and internal controls that served as a basis for
preparation of the information in the 2015 Annual Report. This analysis defined the indicators to be tested in detail;
134
2015 | Braskem | Annual Report (b) understanding and analysis of the information disclosed related to the management of material aspects;
(c) analysis of processes for the preparation of the 2015 Annual Report and its structure and content, based on the
Principles for Defining Report Content and Quality of the Global Reporting Initiative - GRI (GRI-G4);
(d) evaluation of indicators and other non-financial information:
•
understanding the calculation methodology and procedures for the compilation of indicators through interviews with
managers responsible for preparing the information;
•
application of analytical procedures on the quantitative information and questions about qualitative information and
•
•
their correlation with indicators disclosed in the 2015 Annual Report;
analysis of evidence supporting the information disclosed;
visits to four of Braskem's operational units and its head office for application of these procedures, as well as of items
(b) and (c);
(e) plausibility analysis of the reasons for omissions of performance indicators associated with topics and aspects identified
as material through the Company’s materiality assessment; and
(f) comparison of financial indicators with the financial statements and/or accounting records.
We believe the information, evidence and results we have obtained are sufficient and appropriate to provide a basis for our
limited conclusion.
Scope and limitations
The procedures applied in a limited assurance engagement are substantially less extensive than those applied in a
reasonable assurance engagement. Therefore, we cannot ensure we are aware of all the issues that would have been
identified in a reasonable assurance engagement, which aims to issue an opinion. If we had conducted a reasonable
assurance engagement, we may have identified other issues and possible misstatements within the information presented
in the Annual Report 2015.
Nonfinancial data is subject to more inherent limitations than financial data, due to the nature and diversity of the methods
used to determine, calculate or estimate this data. Qualitative interpretations of the data's materiality and accuracy are
subject to individual presumptions and judgments. Additionally, we did not examine data regarding prior periods to assess
the adequacy of policies, practices and sustainability performance, nor future projections data.
Conclusion
Based on the procedures carried out, described in this report, nothing has come to our attention to suggest that
the information in Braskem’s 2015 Annual Report is not, in all material respects, fairly stated in accordance with
the Global Reporting Initiative Sustainability Reporting Guidelines (GRI-G4), and with its source records and files.
São Paulo, May 4th, 2016
KPMG Assessores Ltda.
CRC SP-023233/O-4
KPMG Financial Risk & Actuarial Services Ltda.
Eduardo V. Cipullo
Accountant CRC 1SP135597/O-6
Ricardo Algis Zibas
135
2015 | Braskem | Annual Report
GLOSSARY
OFFSETS
emission credits that can be
negotiated in a cap & trade market.
They are generated through
the reduction of emissions,, or
emissions avoided in accredited
locations outside the coverage
of the market (for example,
reforestation). These securities can
be used by participants to offset
their emissions in a cap & trade
market when they exceed their
emission threshold
RAFFIA (POLYPROPYLENE FIBERS)
name given to the textile fibers
normally used to produce bags for
transportation of fruit and small
loads
RISK RATING (PROCESSES)
safety index established by
insurance companies for processes
Second generation (in the
petrochemical industry) - second-
generation units that produce
intermediary products and
thermoplastic resins
(PE, PP, and PVC)
SPREAD
margin (profitability)
Tag along - a mechanism that gives
minority Shareholders, holders
of common shares (with voting
rights) of a given company, the
same rights offered to controlling
Shareholders in the case of sale
or transfer of controlling interest.
Foreseen in the Brazilian legislation
(Law of Corporations).
BIOPOLYMER
thermoplastic resin produced from
renewable raw materials
CAP
threshold for emissions
Cracker – industrial equipment
where naphtha is transformed into
by-products, such as ethylene,
propylene, and other co-products
Cracking (of naphtha) – breaks
down molecules to produce
ethylene
THERMAL DESORPTION
an environmental remediation
technology that uses heat to
increase volatility of contaminants
in order to be removed (separated)
from the solid matrix where they
are found, typically contaminated
soil, until its decontamination
DEVIATION
noncompliance with a requirement
of the operation, such as for
example, not use appropriately
the personal protection equipment
required
ECO-EFFICIENCY
ratio between the use of necessary
resources for the production of a
given product and its production
volume. This ratio expresses
productivity from an environmental
standpoint
ECO-INDICATORS
environmental performance
indicators
GRID FACTOR
average rate of greenhouse gas
emissions resulting from the
generation of electricity
FLARE
mechanical safety equipment
which is used to burn chemical
compounds that an industrial
plant is unable to process, either
due to not achieving suitable
operational parameters (for
example, inappropriate composition
or extremely high pressure), or
in cases of emergency, such as a
non-programmed shut down for
lack of energy. Burning prevents
hazardous compounds from being
released into the atmosphere.
Flares are continuously operated to
ensure their proper functioning in
emergencies
ROTARY KILNS FOR CLINKER
Kilns used to produce cement
GRADE (RESIN)
type, specification
REVERSE LOGISTICS
a set of actions, procedures and
means intended to enable the
collection and return of solid waste
to the corporate sector, for reuse,
in its cycle, or in other production
cycles, or other destination
CAP & TRADE MARKET
It is a system composed of several
parts - for example, countries or
companies - where quotas for
emissions are established (permits)
for each participant, in a way
that the sum of all quotas does
not exceed the maximum cap
established for the system. The
threshold is established in order to
ensure that total emissions from
the system are reduced from one
period to the next (for example,
for each year operating on the
market). Trade is the marketing of
permits among participants - those
that managed to reduce more
of their emissions can sell their
surplus permits to those whose
cost to reduce emissions is higher
than the cost of purchasing permits
from others. In other words, it is
a trade mechanism that allows for
the desired reduction intended by a
group to be reached at the lowest
possible cost.
137
2015 | Braskem | Annual Report
ACRONYMS
ABS
LDPE
BUI
Acrylonitrile butadiene styrene
Low-Density Polyethylene
Basic Unit of Inputs
GJ
Gigajoules
GPS
LLDPE
UNPOL
Linear Low-Density Polyethylene
Polyolefins, Vynilic and
Renewables Unit (Brazil)
PP
Global Product Strategy
Polypropylene
UNUSE
United States and European Unit
KWH/T
PVC
Kilowatt-hour per ton
Polyvinyl chloride
UTEC
Ultrahigh molecular weight -
a Braskem brand
KG/T
Kilogram per ton
PE
Polyethylene
HDPE
High-Density Polyethylene
REACH
Register Evaluation
Authorization and Restriction of
Chemicals
SAN
Styrene acrylonitrile
138
2015 | Braskem | Annual Report Appendix
TEAM MEMBERS
SUPPLEMENTARY DATA
TURNOVER RATE - 2015
BRAZIL
Terminations
New Hires
UNITED STATES
Terminations
New Hires
Age bracket
<=30 years old
31-50 years old
>=51 years old
Total
<=30 years old
31-50 years old
>=51 years old
Total
Men
63
177
177
417
139
76
4
219
Women
Total
60
80
20
160
66
16
2
84
123
257
197
577
205
92
6
303
Age bracket
Men
Women
Total
<=30 years old
31-50 years old
>=51 years old
Total
<=30 years old
31-50 years old
>=51 years old
Total
5
25
18
48
32
30
9
71
2
6
4
12
9
6
1
16
7
31
22
60
41
36
10
87
139
2015 | Braskem | Annual Report GERMANY
Terminations
New Hires
MEXICO
Terminations
New Hires
Age bracket
Men
Women
Total
<=30 years old
31-50 years old
>=51 years old
Total
<=30 years old
31-50 years old
>=51 years old
Total
0
2
1
3
3
4
1
8
0
3
1
4
4
8
1
13
0
5
2
7
7
12
2
21
Age bracket
Men
Women
Total
<=30 years old
31-50 years old
>=51 years old
Total
<=30 years old
31-50 years old
>=51 years old
10
17
1
28
51
47
2
Total
100
3
6
0
9
32
14
0
46
13
23
1
37
83
61
2
146
INTERNATIONAL OFFICES
Age bracket
Men
Women
Total
Total
Terminations
Number Hired
<=30 years old
31-50 years old
>=51 years old
Total
<=30 years old
31-50 years old
>=51 years old
Total
0
0
0
0
1
2
0
3
TURNOVER RATE - 2014
BRAZIL
1
3
0
4
2
0
0
2
1
3
0
4
3
2
0
5
Age bracket
Men
Women
Total
Terminations
New Hires
<=30 years old
31-50 years old
>=51 years old
Total
<=30 years old
31-50 years old
>=51 years old
Total
68
206
219
493
237
173
8
418
46
102
22
170
137
52
2
191
114
308
241
663
374
225
10
609
140
2015 | Braskem | Annual Report UNITED STATES
Age bracket
Men
Women
Total
<=30 years old
31-50 years old
>=51 years old
Total
<=30 years old
31-50 years old
>=51 years old
Total
7
18
12
37
20
37
1
58
1
5
1
7
6
8
1
15
8
23
13
44
26
45
2
73
Age bracket
Men
Women
Total
<=30 years old
31-50 years old
>=51 years old
Total
<=30 years old
31-50 years old
>=51 years old
0
7
1
8
4
6
1
Total
11
1
3
0
4
0
3
2
5
1
10
1
11
4
9
3
16
Terminations
New Hires
GERMANY
Terminations
New Hires
MEXICO
Age bracket
Men
Women
Total
Terminations
31-50 years old
<=30 years old
New Hires
>=51 years old
Total
<=30 years old
31-50 years old
>=51 years old
Total
5
15
5
25
13
38
6
57
2
4
0
6
10
22
1
33
7
19
5
31
23
60
7
90
INTERNATIONAL OFFICES
Age bracket
Men
Women
Total
Total
Terminations
Number Hired
<=30 years old
31-50 years old
>=51 years old
Total
<=30 years old
31-50 years old
>=51 years old
Total
0
1
0
1
0
1
0
1
0
0
0
0
1
0
0
1
0
1
0
1
1
1
0
2
141
2015 | Braskem | Annual Report TURNOVER RATE – 2013*
BRAZIL
Age bracket
Men
Women
Total
<=30 years old
31-50 years old
>=51 years old
Total
<=30 years old
31-50 years old
>=51 years old
Total
56
194
181
431
184
164
11
359
Terminations
New Hires
UNITED STATES
50
78
8
136
99
63
2
164
106
272
189
567
283
227
13
523
Terminations
New Hires
GERMANY
Terminations
New Hires
MEXICO
Terminations
New Hires
Age bracket
Men
Women
Total
<=30 years old
31-50 years old
>=51 years old
Total
<=30 years old
31-50 years old
>=51 years old
Total
19
11
11
41
20
25
3
48
1
4
4
9
10
11
3
24
20
15
15
50
30
36
6
72
Age bracket
Men
Women
Total
<=30 years old
31-50 years old
>=51 years old
Total
<=30 years old
31-50 years old
>=51 years old
4
0
0
4
7
9
0
Total
16
1
3
0
4
4
10
0
14
5
3
0
8
11
19
0
30
Age bracket
Men
Women
Total
<=30 years old
31-50 years old
>=51 years old
Total
<=30 years old
31-50 years old
>=51 years old
Total
6
0
0
6
200
154
2
356
2
0
0
2
47
21
0
68
8
0
0
8
247
175
2
424
* International trade offices and quantiQ not included
142
2015 | Braskem | Annual Report TEAM MEMBERS BY AGE – 2015
BRAZIL
Operational/
technical
Administrative
Leaders
TOTAL
UNITED STATES
Operational/
technical
Administrative
Leaders
TOTAL
Age bracket
Men
<=30 years old
744 (79%)
31-50 years old
2.424 (90%)
>=51 years old
767 (98%)
Women
199 (21%)
257 (10%)
19 (2%)
Total
3,935 (89%)
475 (11%)
<=30 years old
184 (39%)
31-50 years old
326 (42%)
>=51 years old
88 (64%)
292 (61%)
446 (58%)
50 (36%)
Total
943
2.681
786
4,410
476
772
138
Total
598 (43%)
788 (57%)
1,386
<=30 years old
7 (54%)
31-50 years old
322 (73%)
>=51 years old
133 (89%)
6 (46%)
120 (27%)
17 (11%)
Total
462 (76%)
143 (24%)
<=30 years old
935 (65%)
31-50 years old
3,072 (79%)
>=51 years old
988 (92%)
497 (35%)
823 (21%)
86 (8%)
13
442
150
605
1,432
3,895
1,074
Total
4,995 (78%)
1,406 (22%)
6,401
Age bracket
Men
<=30 years old
33 (83%)
31-50 years old
113 (91%)
>=51 years old
121 (97%)
Total
267 (92%)
<=30 years old
46 (68%)
31-50 years old
111 (75%)
>=51 years old
68 (76%)
Women
7 (17%)
11 (9%)
4 (3%)
22 (8%)
22 (32%)
37 (25%)
22 (24%)
Total
225 (74%)
81 (26%)
<=30 years old
2 (67%)
31-50 years old
42 (78%)
>=51 years old
20 (71%)
1 (33%)
12 (22%)
8 (29%)
Total
64 (75%)
21 (25%)
<=30 years old
81 (73%)
31-50 years old
266 (82%)
>=51 years old
209 (86%)
30 (27%)
60 (18%)
34 (14%)
Total
556 (82%)
124 (18%)
Total
40
124
125
289
68
148
90
306
3
54
28
85
111
326
243
680
143
2015 | Braskem | Annual Report GERMANY
Operational/
technical
Administrative
Leaders
TOTAL
MEXICO
Operational/
technical
Administrative
Leaders
TOTAL
Age bracket
Men
<=30 years old
12 (71%)
31-50 years old
23 (72%)
>=51 years old
33 (85%)
Women
5 (29%)
9 (28%)
6 (15%)
Total
68 (77%)
20 (23%)
<=30 years old
4 (36%)
31-50 years old
19 (43%)
>=51 years old
8 (62%)
7 (64%)
25 (57%)
5 (38%)
Total
31 (46%)
37 (54%)
<=30 years old
0 (0%)
31-50 years old
9 (69%)
>=51 years old
5 (100%)
Total
14 (78%)
<=30 years old
16 (57%)
31-50 years old
51 (57%)
>=51 years old
46 (81%)
0 (0%)
4 (31%)
0 (0%)
4 (22%)
12 (43%)
38 (43%)
11 (19%)
Total
17
32
39
88
11
44
13
68
0
13
5
18
28
89
57
Total
113 (65%)
61 (35%)
174
Age bracket
Men
<=30 years old
186 (81%)
31-50 years old
182 (91%)
>=51 years old
38 (100%)
Women
45 (19%)
18 (9%)
0 (0%)
Total
406 (87%)
63 (13%)
<=30 years old
36 (47%)
31-50 years old
33 (51%)
>=51 years old
9 (100%)
40 (53%)
32 (49%)
0 (0%)
Total
78 (52%)
72 (48%)
<=30 years old
2 (100%)
31-50 years old
38 (73%)
>=51 years old
28 (100%)
0 (0%)
14 (27%)
0 (0%)
Total
68 (83%)
14 (17%)
<=30 years old
224 (72%)
31-50 years old
253 (80%)
>=51 years old
75 (100%)
85 (28%)
64 (20%)
0 (0%)
Total
552 (79%)
149 (21%)
Total
231
200
38
469
76
65
9
150
2
52
28
82
309
317
75
701
144
2015 | Braskem | Annual Report MACRO-OBJECTIVE
MACRO-OBJETIVO
ACTION PLAN UNTIL 2020
ACTIONS IN 2015
Safety
Be recognized
as a reference
in Safety in
Chemicals, Work,
and Processes in
the global chemical
industry.
0
2
0
2
S
E
V
T
C
E
J
B
O
I
0
2
0
2
S
E
V
T
C
E
J
B
O
I
Economic and
financial results
Be among the
three largest
thermoplastic
resin producers
in the world,
and guarantee
profitability that
ensures the
perpetuity of
the business,
maintaining an
“Investment
Grade” rating
classification.
Work Safety: No fatal work accident recorded. A total
of R$66 million were invested in work safety, and we
recorded the best historical work safety accident rate
per million hours worked by members and outsourced
workers, since 2002.
•
•
In 2015, the injury rate with and without lost time
(CAF + SAF) for members and outsourced workers
was 0.68 accidents / million hours worked, 32%
better compared to 2014;
Braskem Idesa received the DuPont Safety and
Sustainability award and the UNIB 1 BA plant
received the Brazil Protection Award.
Process Safety: A total of R$ 13 million were
invested in work safety, and 94 potential high-risk
scenarios have been eliminated since 2013.
Chemical Safety: Corporate “Product Stewardship”
procedure issued, which strengthens the commitment
to reducing product toxicity and establishes a
responsibility matrix for the entire organization.
Occupational Health: No record of new cases of
occupational illness in 2015.
Solid, Liquid, and Sludge Waste: In 2015, a total
of 32.9 million kg of solid, liquid, and sludge waste
were generated at Braskem plants, representing a 10%
reduction compared to 2014. The waste generation
rate was 2.01 kg per ton of marketable product
produced, a result 12.6% less than 2014 and 8.6%
better than the goal established for the period, of 2.20
kg/t. It was the best historical result since 2002.
Production Capacity: The petrochemical complex in
Mexico reached 99% physical progress. It will provide
an increase in LDPE capacity of 1.05 million t/year.
EBITDA: Registered a record EBITDA of R$
9,372 million, mainly explained by (i) operational
performance; (ii) healthy spread level for resins in the
international market; (iii) greater export volume; (iv)
good performance at the USA and Europe operations;
and (v) average depreciation of the real of 42%.
Investment Grade: Maintained the Investment
Grade ratings from the three major global risk
classification agencies - Moody's, Fitch Rating, and
Standard & Poor's.
• Maintain system
of annual audits
with SEMPRE
– Integrated
Health, Safety,
and Environment
System.
•
•
•
Promote continuous
improvement of
the risk rating,
process safety
index established
by insurance
companies, in
order to achieve at
le ast 90 points
for the Braskem
average, with
all plants above
standard.
Identify alternatives
for the gradual
replacement of
ozone depleting
substances.
Continue the
implementation of
the GPS – Global
Product Strategy in
Latin America.
• Maintain waste
generation stable
and remain a
reference in the
industry.
•
•
Begin operating the
Ethylene XXI project
(Braskem-Idesa, in
Mexico), with a capacity
of one million tons of PE
based on gas.
Foster sustained
growth of the plastic
manufacturing industry
in the domestic
market and the
increasing export of
manufactured goods.
• Replace licensed
catalysts with our
own inputs or
inputs developed in
partnerships, aiming
to diversify production
and reduce costs.
145
2015 | Braskem | Annual Report
Strengthen partnerships
(CEMPRE, CNI, CEBDS...) to
support the implementation
of the PNRS.
Define a business and
partnership model for the
first energy recycling unit in
Brazil.
Strengthen the social and
environmental project
supporting 15 mechanical
recycling cooperatives in
the states of RS, SP, RJ, BA,
and AL.
Enable the Energy
Optimization Unit in Mauá,
SP, in partnership with
Odebrecht Ambiental.
Continue fostering the
chemical recycling project.
Wecycle Platform: Launched aiming to foster business
and initiatives toward recovering plastic waste, seeking
the development of solutions, products, and processes
that involve plastic recycling. In partnership with
Starbucks® Brazil, a pilot project was launched that
uses Plástico Verde I'm Green™, recycled plastic cups
and coffee grounds to manufacture wastebaskets to be
used in the internal areas of some stores, which will be
the first in the world to use these wastebaskets;
Chemical Recycling: Three chemical recycling
technologies selected for detailed technical economic
evaluation: Eco Energy, Michaelis, and JBI. EVTE
(Technical and Environmental Feasibility Study)
concluded for Michaelis and Innova BR technologies.
Sustainable bike racks: Produced from recycled
plastic. The equipment, which holds up to six bikes and
will last an estimated 15 years, is produced with 53 kg of
post-consumer recycled plastic, the equivalent to 12,455
plastic bags or 24,910 disposable 200 ml cups;
PNRS: signed industry reverse logistics agreement for
non-hazardous packaging, involving 20 associations
representing 75% of the packaging produced in Brazil.
Continue Innovation
and Technology (I&T)
projects for new products
and processes using raw
materials from renewable
resources.
Green PE: The first polyethylene from a renewable
source in the world to be produced on an industrial scale
celebrated five years of existence. Today there are over
80 brands in various segments and in several countries
in North and South America, Europe, Asia, and Oceania;
Green Butadiene: Genomática, a North American
bioengineering company, and Braskem announced the
production of butadiene on a laboratory scale through a
direct process from renewable sources;
Ethanol Supply: the percentage of ethanol supply from
signatories to the Braskem Code of Conduct for Ethanol
Suppliers remained at 99.7% for the year, exceeding the
goal of 90%. The remaining 0.3% was bought through
commodity exchange.
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Post-
Consumption
Be recognized as
an important agent
that contributes
to the recycling of
plastics
Renewable
resources
Be recognized as a
leading producer of
chemical products
and thermoplastic
resins from
renewable raw
materials and
continue as the
largest producer
of thermoplastic
resins from
renewable sources
in the world.
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2015 | Braskem | Annual Report
Continue improving the
water consumption rate and
the percentage of water
reuse at Braskem.
Continue remediation
projects. Braskem's
remediation management
process focuses on
preventing liabilities and
mitigating possible problems
detected. The new projects
introduce improved impact
elimination mechanisms.
Water
efficiency
Continue as a
reference for
the use of water
resources in the
global chemical
industry.
Reduce emissions intensity
to 0.60 KgtCO2e/t.
Keep evolving the CDP in
the “transparency” and
“results” dimensions.
Continue working to obtain
the first carbon credits
(deadline extended due to
the instability of the carbon
market and drop in credit
attractiveness).
Climate
change
Be among the
world's best
large chemical
companies in
Greenhouse Gas
(GHG) emissions
intensity and be an
important agent
in GHG emissions
sequestration
due to the use of
renewable raw
materials.
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Water Consumption: The water consumption rate
was 4.05 m³/t, which was 2.6% better than the previous
year. The Braskem rate is about six times better than the
average in the global chemical industry (based on: ICCA
2013- 25.64m³/t). In absolute terms, Braskem consumed
66.2 million m3 of water in 2015, representing a 7%
reduction compared to 2014.
We saved an estimated R$ 5.5 million, a total of R$ 3.1
million due to consumption improvements, and R$ 2.4
million due to reduced spending on disposal of effluents.
Braskem units operated without restrictions due to water
availability and disposal in 2015.
Water Reuse: The total reuse rate, which includes the
use of rainwater, treated domestic sewage, and industrial
effluents, reached 25.1% in 2015. Due to reuse, close to
16.6 billion liters were kept from being extracted from bodies
of water (estuaries, rivers, groundwater, etc.), the equivalent
to the volume of 7,000 Olympic pools, enough to meet the
consumption needs of 444,000 people for one year.
The PE9 DCX industrial unit began a project for the reuse
of 110 m3 per day in sealing processes, which in addition
to reducing demineralized water consumption by 62 m³ per
day, enables an annual estimated savings of R$291,000.
Braskem's greenhouse gas inventory, audited by
a third party, earned gold classification on the GHG
Protocol for the 6th consecutive year. The program
aims to encourage companies to develop and publish
greenhouse gas inventories in Brazil.
Braskem reached a leading position in the CDP
Investor in Brazil, with 100% transparency and level
“A-” in results.
For the fifth consecutive year, Braskem was selected
to compose the portfolio of the Carbon Efficient Index
(ICO2) from BM&FBOVESPA.
The number of Braskem suppliers that adhered to the
CDP Supply emissions report increased from 18 in 2013,
to 26 companies in 2014, and to about 110 in 2015.
Concluded the study of climate risk generation
(physical, reputational, value chain), and opportunities
for 100% of Braskem industrial plants, supported by
GVCes and INPE.
A smartphone application launched that calculates
the advantages of using resins from the Braskem
Maxio® family. Launched in 2012, the label gathers a
portfolio offering more productivity with less energy
consumption and greenhouse gas emissions.
From 2008 to 2015, there was an 8.4% improvement
at Braskem operations in absolute GHG emissions
values, and a 16.2% improvement in carbon intensity
(scopes 1 + 2).
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2015 | Braskem | Annual Report
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Energy
efficiency
Be among the
world's best
large chemical
companies
in energy
consumption
intensity and be
an important user
of energy from
renewable sources
Local
development
Reach an
“excellent” level
of reputation in
the Citizenship
Dimension of
RepTrakTM Pulse,
showing we are
recognized by the
Communities close
to our facilities
and Society in
general for our
contribution to
improving human
development.
Continue to reduce
the intensity of energy
consumption.
Continue to assess the
viability of the project for
energy cogeneration from
biomass and the use of
urban solid waste.
Kick off the project for
generation from biomass in
Alagoas.
In 2015, a total of 10.49 GJ of energy per ton produced
was consumed, a result 1.3% better than the goal
established for the period, of 10.63 GJ/t, and 2.4%
better than consumption in 2014. When performance
since 2002 is assessed, however, energy consumption
shows a 11.8% reduction.
Approximately R$ 55 million invested in the past three
years in the control and protection of the internal
electrical system at the Camaçari-SISUP Complex, in
Bahia. Aiming to reduce risk resulting from possible
power shutdowns or surges. In case of failure in power
supply, the system prioritizes supply for key operational
areas in order to reduce the risks associated with
unscheduled operational shutdowns.
Extend the scope of the
social integration program
to a national level by
strengthening the plastic
mechanical recycling chain.
Strengthen partnerships
around ISP Braskem
focusing on long-term
measurable impacts in the
form of:
•
Education for
Conscious
Consumption: Engage
one million students
through Edukatu (by
2020).
Fábrica de Florestas
(Forest Factory):
Promote the
planting of 1,000
ha with community
involvement, and
educate 100,000
people (2013 to 2020).
Social Inclusion of
Waste Pickers: Benefit
3,000 waste pickers
by promoting a 50%
increase in income
(2013 to 2020).
•
•
In 2015, this macro-objective reached a development level
of approximately 89% regarding the 2020 goal.
Braskem Social Investments 2015 - nearly R$25.7 million:
Private Social Investment Projects (ISP): R$5.4 million
•
Incentivized sponsorships (public interest projects):
•
R$11.3 million in tax benefits (R$2.5 million Income
Tax and R$8.8 million sales tax - ICMS), plus an
additional R$697,000 in direct funding consideration;
• Odebrecht Foundation: R$ 7 million donated to PDCIS
and R$ 1.3 million donated to members of the Tribute
to the Future Program;
Implementation of the Braskem social action strategy
through a project portfolio with 89% adherence to ISP
guidelines, reaching over R$7 million in funding (135% of
the BRK private social investment in Brazil) with external
partners (AMBEV, Bunge, Gerdau, the City Government of
Porto Alegre, SEBRAE, SESI/SENAI, among others).
Ser+ Realizador program: 70% of assisted cooperatives
in 2015 (with continuous monitoring by a consultant) had
an increase in income. A total of 52% had an increase in
income above inflation (9.25%). Over 24,000 tons of waste
were delivered for recycling (close to 12% of the total
refers to PP, PE, and PVC);
Instituto Fábrica de Florestas: Reached the benchmark
of one million seedlings produced and over 600,000 planted
over seven years of operation in the states of Bahia, Rio de
Janeiro, and São Paulo.
Edukatu: Over 20,000 participants on the platform.
Visitation increased 84% in 2015 and the average monthly
views reached almost 77,000 views this year, compared to
42,000 monthly views in 2014.
The 22nd edition of the Braskem Theater Award was
carried out. The most important award in Bahia performing
arts is already consolidated in the state's cultural scene,
carried out by Caderno 2 Produções Artísticas sponsored
by Braskem and the state government through FazCultura.
The award is part of Braskem's social action strategy of
appreciating and promoting culture and the arts, focusing
on human development.
The public-private partnerships secured between Braskem
and Maceió City Government aims to improve drainage and
swimming conditions on the beachfront, which is preparing
for a summer celebrating 200 years since its foundation.
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2015 | Braskem | Annual Report
Braskem will donate over 7,000 meters of PVC pipes to the
Maceió City Government.
At the beginning of 2010, Braskem Idesa made an
important contribution to recovering the history of
Central America through an archeological project in the
Coatzacoalcos region, in the state of Veracruz, Mexico,
which resulted in the publication of “Achado Arqueológico
da Bacia Inferior de Coatzacoalcos“ (“Archeological
Findings in the Coatzacoalcos Lower Basin”), showing
images and descriptions of the archeological findings
such as the remains of ceramic vases, bowls, and
statuettes characteristic of the pre-classical period (2000
B.C. to 100 A.D.). It is the result of a four-year project in
partnership with the National Institute of Anthropology
and History (INAH), the entity responsible for the research,
conservation, protection, and dissemination of Mexico's
historical heritage. The team at the Institute followed every
stage of construction of the petrochemical complex, to
inspect and ensure the removal of all archeological material
from the location.
Braskem was classified as one of the “Best Companies
to Start a Career” is 2015, by Você S/A magazine, in
partnership with Cia de Talentos and Fundação Instituto de
Administração (FIA).
Braskem launched the Braskem Labs program, which seeks
to encourage entrepreneurs with innovative projects that
improve people's lives through plastic. Of the 159 proposals
registered with Braskem Labs, Braskem's entrepreneur
incentive program, 19 have already been chosen for the
next selection stage, covering sectors such as: education,
energy, sanitation, and agribusiness, that could benefit
from the solutions proposed. In the next stage, the teams
of project authors from different Brazilian states will meet
with mentors from the company and the NGO Endeavor for
a personalized training process.
Braskem sponsors the Brazilian team of athletes with a
range of physical disabilities because the company believes
that investments in innovations and medical advances
benefit people's lives, allowing them to achieve what before
seemed impossible. The initiative is part of the campaign
called “Innovation brings the future. And the future involves
chemicals and plastics.”
In 2015, this macro-objective reached a development
stage of about 23% related to the goal for 2020.
LCA Studies: Braskem has 61 studies in its LCA pipeline,
9 more than in 2014. A total of 27 were concluded, and 10
are currently in the communication phase. A total of 15 are
in progress and 9 are in the exploration phase. In addition,
the company concluded 66% of its efforts to complete the
inventory of its plants in Brazil.
Communication: A total of 11 LCA studies were
reported. These studies represent a market of R$ 880
million.
Publications: A booklet was prepared about the
environmental benefits of plastics; Braskem was selected
to publish the ICCA about Avoided Emissions from plastics;
LCA Compendium: “Life Cycle Management” highlighting
the Corporate LCA Network. Another two publications
about the social and environmental impact of plastics are
being developed.
149
Continue studies and
strengthen the use of the
LCA tool in order to develop
new applications for our
resins.
Development
of solutions
Continue implementing the
plastic image promotion
program.
Implement the program for
identifying environmental
and social gains for each
market development.
Develop new programs with
social and environmental
benefits: Building System
for Daycares and Hospitals,
Low Cost Solar Heating,
Gas Cylinders, Railway Ties,
Cement Bags, etc.
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Be recognized
as a company that
supports its Clients
in developing
environmental and
social solutions.
Plastic perceived
as a solution
for Sustainable
Development for
its contribution
to improving
people's lives.
2015 | Braskem | Annual Report
Strengthening
of practices
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Be recognized as
one of the business
references in Brazil
and one of the
global references
in the industry for
its contribution
to sustainable
development.
2013-2015: remain
on the DJSI Emerging
Markets (The Dow Jones
Sustainability Index for
Emerging Markets).
2013-2015: become
a benchmark in
Environmental and Climate
Management on the ISE.
2013 – 2015: structured
management in
organizations focusing on
sustainable development.
2013 – 2015: continue
to contribute to defining
and implementing public
policies (examples: PNRS,
Chemical Safety, and Global
Agreement for Sustainable
Development).
In 2015, this macro-objective reached a development
level of about 87% related to the goal for 2020.
Braskem, as a signatory company and member of
the Global Compact LEAD group, actively contributed
to giving a Brazilian point of view when building the
Sustainable Development Goals - SDGs with the UN, and
attended the launch event along with nearly 150 world
leaders;
The Movement to Reduce Loss in Water Distribution was
launched, which aims to combat treated water loss in
distribution systems. This initiative is aligned with the
sixth Sustainable Development Goal (SDG), which aims
to “ensure availability and sustainable handling of water
and sanitation for all.” The project is co-led along with
Sanasa and includes the participation of companies, and
governmental and non-governmental organizations;
Adhered to the Open Letter to Brazil about Climate
Change, in São Paulo. Produced by the Ethos Institute
and companies from the Climate Forum, the document
renews and expands the commitments made in
the 2009 letter, and proposes actions to stimulate
the development of a low-carbon economy that is
competitive, responsible, and inclusive;
Braskem was recognized for its Sustainable Development
performance at the event celebrating the 15th
anniversary of the Global Compact, promoted by the UN,
and stood out in two publications, “NEXT,” and IMPACT.”
The General Secretary of the UN, Bon Ki-moon, attended
the event;
For the fifth consecutive year, Braskem was chosen the
best company in the Chemical and Petrochemical sector
by the publication "As Melhores da Dinheiro" (“The Best
of Dinheiro”) by Istoé Dinheiro magazine;
For the 11th consecutive time, Braskem was part of
the Corporate Sustainability Index (ISE), and for the
4th consecutive time, on the Dow Jones Sustainability
Emerging Markets Index, respectively the sustainability
indexes of BM&FBOVESPA of São Paulo and the DJSI
index of emerging countries of the New York Stock
Exchange.
Braskem, for the second time, was included in The
Sustainability Yearbook, a publication developed by
RobecoSAM, an international investment consulting firm
specializing in sustainability. The ranking lists the 457
most sustainable companies in the world, and Braskem
is listed among the 19 top companies in the global
chemical industry and the 12 top Brazilian companies
(considering the 59 sectors covered in the analysis).
Braskem is committed to the Women's Empowerment
Principles (WEP), aiming to adopt and encourage
measures promoting gender equality and women's
empowerment. This public commitment is one of the
initiatives within the Diversity Program, launched this
year by Braskem with an initial focus on the gender
equality issue. One of the Women's Empowerment
Principles is equal treatment for men and women,
respecting human rights and non-discrimination, and the
assessment and publication of the company's progress in
promoting gender equality.
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2015 | Braskem | Annual Report
GLOBAL COMPACT PRINCIPLES
PRINCIPLE
DESCRIPTION
ASSOCIATED SECTIONS AND INDICATORS
Principle 1
Respect and protect
human rights
Corporate Governance
G4-HR3
Principle 2
Prevent violation of human
rights
Corporate Governance / Solutions for Society /
Voluntary Commitments
Principle 3
Support freedom of
association at work
People and processes
Principle 4
Eliminate forced labor
Solutions for Society
Principle 5
Abolish child labor
Solutions for Society
Principle 6
Eliminate employment
discrimination
Corporate Governance / People and processes
G4-10, G4-EC5, G4-EC6, G4-LA1, G4-HR3
Principle 7
Support a precautionary
approach to environmental
challenges
Profile / Sustainable Development / Solutions
for Society / More Sustainable Products
G4-EC2, G4-EN7, G4-EN12, G4-EN14, G4-EN27
Principle 8
Promote environmental
responsibility
Principle 9
Encourage environmentally
friendly technologies
Profile / Sustainable Development / People and
processes / More Sustainable Products
G4-EC2, G4-EN7, G4-EN14, G4-EN27, G4-EN28
Sustainable Development / Solutions for Society
/ More Sustainable Products
G4-EC2, G4-EN7, G4-EN27
Principle 10
Work against corruption
in all its forms, including
extortion and bribery
Corporate Governance
G4-SO5
151
2015 | Braskem | Annual Report SUSTAINABLE DEVELOPMENT
GOALS (SDG)
The Sustainable Development
As a LEAD Company of the Global
Since its creation in 2002, Braskem
Goals
(SDG),
launched
in
Compact since 2013, Braskem has
has had Sustainable Development
2015 by the United Nations,
actively participated in the debate
at the core of its strategy, which
aims to eliminate poverty and
and definition of issues involving
materializes through the Company's
promote universal economic
global sustainable development,
10 macro objectives. See below
prosperity, social development
always representing a Brazilian
how the macro objectives are
and environmental protection.
vision of global perspectives.
aligned with the SDG:
FOCUS OF GLOBAL OBJECTIVES IN
SUSTAINABLE MANAGEMENT
1. Eradication of poverty
2. Hunger, food and agriculture
3. Health
4. Education
5. Gender equality
6. Water and sanitation
7. Energy
8. Economic growth
9. Infrastructure and
industrialization
10. Inequality between countries
11. Sustainable cities
12. Sustainable production and
consumption
13. Climate change
14. Oceans and seas
15. Land ecosystems
16. Peace and governance
17. Means of implementation
152
2015 | Braskem | Annual Report CORPORATE
INFORMATION
G4•31
Location
BRAZIL
Southeast
UNIB 3 CK ABC
UN PP 4 ABC
Avenida Presidente Costa e Silva,
Avenida Ayrton Senna da Silva,
UN PP 3 PLN
1178, Pq. Capuava
Santo André (SP)
CEP: 09270-901
2700, Jardim Oratório
Avenida Wagner Samara, 1280,
Mauá (SP)
CEP: 09380-901
Bairro Cascata- Paulínia (SP)
CEP: 13147-082
Tel: 55 11 4478-1515
Phone: 55 11 3583-2200
Phone: 55 19 3344-6700
UNIB 3 CK ABC
UN PE 8 CUB
Avenida Presidente Costa e Silva,
Rodovia Cônego Domenico
SÃO PAULO OFFICE
1178, Pq. Capuava
Santo André (SP)
CEP: 09270-901
Rangoni,55, s/n – Km 266 – Pista
HEADQUARTERS
Oeste
Rua Lemos Monteiro, 120,
Cubatão (SP) CEP: 11573-903
Edifício Odebrecht
Phone: 55 11 4478-1515
Phone: 55 13 3362-9001 /
Butantã (SP) CEP: 05501-050
UNIB 3 IN ABC
Rua da União, 765,
UNIB 4 AND PE 9 DCX
Rua Marumbi, 1001,
SÃO PAULO OFFICE
Jardim Sonia Maria - Mauá (SP)
Campos Elíseos
VILLA LOBOS
CEP: 09380-900
Duque de Caxias (RJ)
Avenida das Nações Unidas,
Phone: 55 11 3576-9000
Phone: 55 11 4977-2020
CEP: 25221-000
Phone: 55 21 2187-8883
UN PE 7 ABC
Avenida Presidente Costa e Silva,
UN PP 5 DCX
400, Pq. Capuava
Santo André (SP)
CEP: 09270-000
Rua Marumbi, 1400,
Campos Elíseos
Duque de Caxias (RJ)
Phone: 55 11 4478-4000
CEP: 25221-000
Phone: 55 21 2173-4100
4.777, 11º andar
Edifício Villa Lobos
Pinheiros (SP)
CEP: 05477-000
Phone: 55 11 3576-9000
154
2015 | Braskem | Annual Report South
UNIB 2 RS
BR 386, Rod. Tabaí
Canoas, km 419,
PP 2 / PE 5 RS
PE 6 RS
BR 386 KM 419 Lote 4
BR 386 – Rodovia Tabaí-Canoas –
Polo Petroquímico do Sul, Triunfo
Km 419, Via de Contorno 1178
Via de Contorno 850, Triunfo (RS)
(RS) CEP: 95853-000
Polo Petroquímico, Lote 29
CEP: 95853-000
Phone: 55 51 3457-6310
Phone: 55 51-3457-5511
Passo Raso, Triunfo (RS)
PE 4 RS
CEP: 95853-000
Phone: 55 51-3457-2351
PP 1 RS
BR 386 – Rodovia Tabaí / Canoas –
BR 386 KM 419 – III Polo
Km 419, Via de Contorno, 1216
RIO GRANDE DO SUL OFFICE
Petroquímico,
Polo Petroquímico, Triunfo, (RS)
Av. Soledade, 550, 2º andar,
Via Oeste – Lote 5, Triunfo (RS)
CEP: 95853-000
Petrópolis, Porto Alegre (RS)
CEP: 95853-000
Phone: 55 51 3721-8161
Phone: 55 51-3721-8661
CEP: 90470-340
Phone: 55 51 3216-2626
Alagoas
CS 1 AL
PVC 2 AL
MINING
Avenida Assis Chateaubriand, 5260
Rodovia Divaldo Suruagy
Av. Av. Major Cícero Goes
Bairro Pontal da Barra
Km 12 – Via II - Polo Industrial
Monteiro, 2889, Mutange,
Maceió (AL)
CEP: 57010-900
José Aprígio Vilela,
Marechal Deodoro (AL)
Maceió (AL)
CEP: 57017-515
Phone: 55 82 3177-5151
CEP: 57160-000
Phone: 55 82-3177-5412
Bahia
UNIB 1 BA
PVC 1 BA
CS 2 BA
Rua Eteno, 1561, Copec
Rua Hidrogênio, 3342,
Rua Oxigênio, 765,
Polo de Camaçari
Camaçari (BA)
CEP: 42810-000
Copec, Polo de Camaçari
Copec - Polo de Camaçari
Camaçari (BA)
CEP: 42810-280
Camaçari (BA)
CEP:42810-270
Phone: 55 71 3413-2200
Phone: 55 71 3413-2800
Phone: 55 71 3413 3344
PE 1 BA
PE 3 BA
BAHIA OFFICE
Rua Eteno, 1582, Copec
Rua Benzeno, 2391,
Av. Antônio Carlos Magalhães,
Copec, Polo de Camaçari
3244, Edf. Thomé de Souza,
Polo de Camaçari
Camaçari (BA)
CEP:42810-000
Camaçari (BA)
CEP:42810-020
Phone: 55 71 3413 3711
Phone: 55 71 3413 4100
PE 2 BA
Rua Hidrogênio, nº 3520,
Copec, Polo de Camaçari
Camaçari (BA)
CEP: 42810-280
Phone: 55 71 3413 3860
20º andar
Salvador (BA)
CEP: 41820-000
Phone: 55 71 3504-7932
155
2015 | Braskem | Annual Report UNITED STATES
HEADQUARTERS
NEAL PLANT
HOUSTON SALES OFFICE
1735 Market Street, 28th floor
200 Big Sandy Road
Basic Petrochemicals produced
Philadelphia, PA 19103
Phone: 1 215 831-3100
LA PORTE PLANT
8811 Strang Road,
La Porte, TX 77571
Phone: 1 281 476-0303
Fax: 1 281 930-2070
Kenova, WV 25530
in Brazil, 5100 Westheimer Rd –
Phone: 1 304 453-1371
Suite 495,
Fax: 1 304 453-5916
Houston, TX 77056
TECHNOLOGY AND
Fax: 1 713 255-4740
Phone: 1 713 255-4747 /
INNOVATION CENTER
550 Technology Drive
Pittsburgh, PA15219
Phone: 1 412 208-8100
SEADRIFT PLANT
P.O. Box 105,
Port Lavaca, TX 77979
Phone: 1 361 487-1100
OYSTER CREEK PLANT
P.O. Box 2168,
Freeport, TX 77542
Phone: 1 979 705-2650
MARCUS HOOK PLANT
Fax: 1 412 20-88205
P.O. Box 432, Marcus Hook
PA 19061
Phone: 1 610 497-8850
Fax: 1 610 494-3792
GERMANY
HEADQUARTERS
An der Welle 3
PP11 WESSELING
Werk Wesseling
PP12 SCHKOPAU
Werk Schkopau, PF 1163
60322 Frankfurt am Main
Rodenkirchner Str. 400
06201 Merseburg
Phone: +49 69 427 299 200
50389 Wesseling
Phone: +49 3461 54740 245
Phone: +49 2232 705 356
MEXICO
BRASKEM IDESA SAPI
PLANTA COATZACOALCOS
Boulevard Manuel Avila Camacho
Camino Petrolero El Chapo s/n,
36, Piso 24
Km. 1.3, Col. Zona Industrial
Col. Lomas de Chapultepec
CP 11000 México D.F
de Coatzacoalcos
Veracruz, México
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ARGENTINA
CHILE
Braskem Argentina S.R.L.,
Av. Nueva Tajamar, 481, WTC
Carlos Pellegrini, 1.149, 7º piso,
Torre Norte – Oficina 301
C1009ABW, Ciudad Autônoma
Las Condes – Santiago
de Buenos Aires
Phone: 0056-2-482-7000
Phone: 54 11 5275-6600 /
Fax: 54 11 5275-6699
HOLLAND
VENEZUELA
Braskem Europe BV, Beursplein,
37 – 3.011, AA, Kamer 859, PO
Av. Río Caura – Torre Humboldt,
Box 30128, 3001 DC
Piso 19, Oficina 1901, Urb.
Rotterdam
Prados del Este, Caracas 1080
Phone: 31 10 205-2943
Phone: +58 (212) 976-5025
SINGAPORE
PERU
8 EU TONG SEN STREET #22-89
Av. Victor Andres Belaunde
The Central, 059818 – Singapore
Nº. 280 Of. 603, San Isidro,
Phone: +65 6671 0431
Lima 27
Phone: +51 (1) 442-4241
COLOMBIA
Capital Park – Centro
Empresarial, Calle
93 – 11A – 28 – Sala 302,
Bogotá
Phone: 0057-1-589-7077
157
2015 | Braskem | Annual Report CREDITS
Vice President Institutional Relations
and Sustainable Development
MARCELO LYRA DO AMARAL
Analysis and Content
Production
KEYASSOCIADOS
Responsibility for Corporate Communication
ANDRÉ VIEIRA
Design and web development
KITE ESTRATÉGIAS DIGITAIS
Responsibility for Sustainable Development
JORGE SOTO
Assurance
KPMG
External Communications Supervision
CARLOS EDUARDO DOS SANTOS
MARIANA FERNANDES CARDOSO
Photographs
JULIO BITTENCOURT
BRASKEM COLLECTION
Sustainable Development Supervision
MARIO PINO
LUIZ CARLOS XAVIER
Translation
GOTCHA! IDIOMAS
158
2015 | Braskem | Annual Report www.braskem.com