Quarterlytics / Industrials / Aerospace & Defense / Embraer S.A.

Embraer S.A.

erj · NYSE Industrials
Claim this profile
Ticker erj
Exchange NYSE
Sector Industrials
Industry Aerospace & Defense
Employees 10,000+
← All annual reports
FY2016 Annual Report · Embraer S.A.
Sign in to download
Loading PDF…
Table of

Contents
04 Presentation
08 Message from the
10 Message from the 
12 Institutional 

President and CEO

Board of Directors

Profile

24 Customers
30 Shareholders
34 People
38 Partners
40 Society and the 
44 Annex

Environment

|G4-18|

Since 1999, Embraer S.A. has shared its annual report, with a state-
ment on operational, financial and socio-environmental performance, 
explained results in their context and presented advances in practic-
es of corporate governance, ethics and compliance. |G4-3, G4-7, G4-30| 
This edition complies with Global Reporting Initiative (GRI) G4 Guide-
lines, in accordance – Core option. The content was prepared through 
interviews with the Board of Executive Officers and based on the com-
pany’s Materiality Matrix (see page 6). The data covers the financial 
year of January 1 through December 31, 2016, and encompasses 
all  sites  in  Brazil  and  abroad,  except  where  identified  otherwise  in 
explanatory notes. All Embraer sites included in the consolidated fi-
nancial statements are within the scope of this report. Eventual re-
formulations of information disclosed in previous reports are clarified 
throughout the content. |G4-17, G4-22, G4-23, G4-28, G4-32| 
In line with best market practices, references from the Dow Jones 
Sustainability  Index  (DJSI),  from  the  BM&FBOVESPA’s  Corporate 
Sustainability Index (ISE, in Portuguese) and from the Global Com-
pact of the United Nations (UN), of which Embraer is a signatory, 
were also considered. 
The financial data follows International Financial Reporting Standards 
(IFRS) and was submitted for external verification by KPMG Indepen-
dent Auditors. The inventory of greenhouse gas (GHG) emissions was 
audited by Lloyd’s Register Quality Assurance (LRQA), whereas the oth-
er information was verified internally, without external verification of this 
publication. |G4-33| 
To  learn  more,  access  http://ri.embraer.com.br/Default.aspx?lin-
guagem=en#  or  contact  the  e-mail  address  investor.relations@em-
braer.com.br. |G4-31| 
Enjoy!

4

STRATEGIC SUSTAINABILITY DIRECTIVE |G4-18| 
Building a sustainable future is one of Embraer’s values (see page 15), and as such, it is part of the company’s strat-
egy. In order to identify high-priority issues of sustainability, Embraer carries out a specific consultation process with a 
formal review every three years. Thus, the Materiality Matrix graphically expresses the combined vision of the compa-
ny’s management and stakeholders regarding the relevance of a predefined set of sustainability issues. The current 
matrix is the result of consultations made in 2013. Throughout 2016, a new and amplified survey was conducted, 
generating the 2017-2019 materiality, which is presented in the Annexes section.

Embraer Materiality Matrix (2014-2016)* |G4-27|

• Noise

•  Management of natural 
resources and waste
• Atmospheric emissions
•  Human and labor rights
• Health and safety

• Ethics
•  Attraction,  

developing and  
retaining HR
•  Product safety

•  Preventing  

improper use 
of product

•  Transparency and 
communication
•  Management of 

•  Management of 

chemical substances

•  Management of  

environmental life cycle

supply chain

•  Local socio-economic 

development

•  Research, development 

and innovation

•  Control of exports
•  Sustainable new 

business, products  
and services

• Bio-diversity
•  Philanthropy  

and volunteering
• Dematerialization

•  Engagement with  
public authorities

•  Crisis management
•  Privacy and security  

• Local production chain

of information

s
e
i
t
r
a
p

d
e
t
s
e
r
e
t
n

i

r
o
f

e
c
n
a
t
r
o
p
m

I

Influence for business strategy

GOVERNANCE | ENVIRONMENT | STAFF | VALUE CHAIN | PRODUCTS, SERVICES AND CUSTOMERS

The company’s performance in relation to the priority themes of the Materiality Matrix is evaluated by 
the Master Sustainability Plan, which presents indicators and triennial targets. With a review every 
three years and annual revaluation, the first cycle of the plan came into force in January 2015, with 
horizon of December 2017. |G4-2|

* The limit of the material aspect outside of Embraer can be found in the GRI indicators. |G4-21|

6

MASTER SUSTAINABILITY PLAN |G4-2|

No.

Aspect

Indicator

Dec. 2017 Goal

20151

2016

1

2

2

3

3

4

5

6

7

8

8

8

8

8

8

Ethics

Percentage of adherence to compliance 
policy and procedure.2

Favorability percentage in the climate survey.

Attraction, develop-
ment and retention of 
human resources

Attraction, develop-
ment and retention of 
human resources

100%

80%

Managers: 100%*
Non managers: 98.98%*
*considering the trainings held on  
Anti-Corruption - Code of Ethics and Conduct

Managers: 96%
Non managers: 98%
*considering the trainings held on  
Anti-Corruption – Code of Ethics and Conduct.

89%

There was no survey in 2016; the company 
opted for a bi-annual engagement survey. En-
gagement survey will take place in May 2017.

Number of staff training hours per year.

500,000 hours per year

557,077 hours

Product safety

Maintenance of type-approval certificates (CHT, in Portu-
guese) for commercial and executive aviation planes.

100% of type certificates valid.

Product safety

Maintenance of company-approval certificates (CHE, in 
Portuguese) in all Embraer sites of interest as defined in 
conjunction with the business units.

100% of all sites of interest certified.

100%

100%

 625,416 hours

 100%

 100%

Management of  
chemical substances

Development of the new chemical substance manage-
ment system to ensure an adequate level of knowledge 
of the product’s chemical composition for compliance 
with current and future environmental legislation.

Phase I – definitions and structuring: until February 2015; 
Phase II – platform availability and data input:  
until December 2016; 
Phase III – full operation of the system: until December 2017.

Finalized: the first phase of the modification 
of the registration of hazardous substances 
in SAP. In progress: training of employees who 
register substances in the system. Start of 
data input into the system, aiming to comply 
with environmental legislation. As of December 
2015, all registrations already incorporate the 
modifications made to the modified system.

Finished the structuring and definitions pha-
ses. Carried out training for all those involved 
in the registration of chemical substances 
in the SAP system. All inputs comply with 
current legislation.

Management of  
supply chain

Percentage of suppliers classified as "high 
environmental risk" in risk evaluations.

0%

Export control

Percentage of adherence to export policy and procedure.

100% adherence to the compliance evaluation survey.

0%

 77%

 0%

 97%

Sustainable new 
business, products  
and services

Management of natural 
resources and waste

Management of natural 
resources and waste

Management of natural 
resources and waste

Management of natural 
resources and waste

Number of new business, products and services incorpo-
rating principles of Sustainability.

Annually launch project that demonstrates 
the inclusion of sustainability.

Non-chrome leather available from tannery for 
use in aircraft interiors.

Partnership with Boeing in the Eco demons-
trator program. Technology tests aimed at 
reducing fuel consumption, CO2 emissions 
and noise.

Consumption of energy (MWh) per equivalent plane.

Reduce by 3% consumption by equivalent plane, in relation to 
the base year 2014 (603.78 MWh/equivalent aircraft).

 551.96 MWh/aircraft equivalent 
(reduction of 9%)

 499.79 MWh/equivalent aircraft 
(reduction of 17%)

Consumption of water (m3) per capita.

Reduce by 4% per capita consumption of water, in relation to 
the base year 2014 (44.66 m3/per capita).

41.78 m3/per capita (reduction of 6%)

 42.49 m3/per capita (reduction of 5%)

Generation of solid waste/net revenue.

Generation of dangerous solid waste/net revenue.

Reduce by 3% the total generation of waste per million dollars 
of revenue, in relation to the base year 2013 
(2.76 t/million dollars).

Reduce by 3% the total generation of dangerous waste per 
million dollars of revenue, in relation to the base year 2013 
(0.5 t/million dollars).

3,21 t/million dollars (increase of 16%)

 2,95 t/million dollars (increase of 7%)

0.57 t/million dollars (increase of 14%)

 0.5 t/million dollars (maintenance)

Management of natural 
resources and waste

Percentage of manufacturing plants and  
Embraer service centers with ISO 14,001 certification.

100% of manufacturing plants and service centers that 
existed in 2014 with ISO 14,001 certification.

 47.05% (FLM, EGM, ELEB, BOT,  
GPX, TTE and EVO)3

 47.05% (FLM, EGM, ELEB, BOT,  
GPX, TTE and EVO)3

Management of natural 
resources and waste

Percentage of manufacturing plants and  
Embraer service centers with relation to 
environmental liabilities.

100% of manufacturing plants and 
service centers that existed in 2014 with relation to environmen-
tal liabilities (and their respective treatment plans).
New acquisitions of buildings, installations or businesses, must 
be preceded by evaluation of environmental liabilities (environ-
mental due diligence), aiming to ensure access to necessary 
information for the company to make decisions.

76.47% (13 of 17)

76.47% (13 of 17)

9

Atmospheric emissions

Emission of greenhouse gases
 (scope 1+2)/net revenue.4

Reduce by 3% the emission of greenhouse gases (scope 1+2) per 
million dollars of revenue, in relation to the base year 2013.

5.48 t/million dollars (increase of 8%)

 4.09 t/million dollars (reduction of 19%)

9

Atmospheric emissions

Emission of VOC/net revenue.

Reduce by 3% the emission of VOC per million dollars of revenue, 
in relation to the base year 2013 (0.0063 t/million dollars).

0.0034 t/million dollars (reduction of 46%)

0.0011 t/million dollars (reduction of 82%)

10

Human and labor rights

Percentage of individual suits and labor complaint 
procedures per employee.

Standard of excellence (to be a reference in the market), remain-
ing below the national average for companies in the same sector, 
in accordance with each country’s regulating organizations.

0.391%*
*corrected number

0.306%

11

11

12

13

13

13

14

14

14

Employee health 
and safety

Lost Time Injury Rate (LTIR)

To reduce the frequency rates of lost time accidents by 30%, 
in relation to 2014’s accident frequency rate (1.74).

2.25 (increase of 29.31)

1.19 (reduction of 31.6%)

Employee health 
and safety

Percentage of manufacturing plants and  
Embraer service centers with OHSAS 18,001 certification.

100% of manufacturing plants and service centers that  
existed in 2014 with OHSAS 18,001 certification.

47.05% (FLM, EGM, ELEB, BOT,  
GPX, TTE and EVO)

 47.05% (FLM, EGM, ELEB, BOT,  
GPX, TTE and EVO)3

Transparency and 
communication

Percentage of indicators responded to in the company's 
Global Reporting Initiative (GRI) report.

Annual GRI Report Coverage Level.

89.65%

 89.65%

Management of the 
product’s environmen-
tal life cycle

Management of the 
product's environmen-
tal life cycle

Management of the 
product's environmen-
tal life cycle

Environmental requirements for developing products.

Incorporate environmental requirements, in addition to those for 
sound and emissions, for 100% of products launched.

Use of the simplified evaluation of the product life 
cycle ("DfE Matrix").

Use "DfE Matrix" to evaluate 100% of new products launched; 
for already existing products, evaluate the equivalent for at a 
minimum of 50% Embraer revenue.

Customer orientation regarding the end of 
 the product's life.

Define document containing Embraer product strategic 
guidelines with relation to its end of life.

The incorporation of the product’s environmen-
tal requirements was implemented in the E2 
program. The verification of satisfaction of these 
environmental requirements, in the E2 program, 
is in progress.
For the next aircraft program to be launched by 
the company, all environmental requirements 
will be incorporated, using the DIP (Integrated 
Development of Products) process.

The incorporation of the product’s environ-
mental requirements was implemented in the 
E2 program. The verification of satisfaction of 
these environmental requirements, in the E2 
program, is in progress.
For the next aircraft program to be launched 
by the company, all environmental require-
ments will be incorporated, using the DIP (In-
tegrated Development of Products) process.

New products in 2015: Legacy 450, which was 
evaluated using the DfE Matrix. Total portfolio: 
E-jets, Phenoms and Legacy 500/450 already 
evaluated, responsible for 86% of 
Embraer revenue.

There were no product launches in 2016. 
Total portfolio: E-jets, Phenoms and Legacy 
500/450 already evaluated, responsible for 
84.6 % of Embraer revenue.

Concluded: the technical guide containing oper-
ational guidelines for customers for the proper 
disposal of products at the end of their life.

Concluded: the technical guide containing 
operational guidelines for customers for the 
proper disposal of products at the end of their 
life. Started: the forming of Corporate Policy 
for Products' End of Life.

Local socio-economic 
development

Evaluation average (Balance Score Card) for the results 
of annually supported projects in the scope of the Social 
Partnership Program.

Local socio-economic 
development

Number of Embraer volunteers engaged in Entrepreneur-
ship programs, Social Partnership Program and other 
social projects recognized by the Embraer Institute.

Grade 4, in an evaluation of 0 to 5 points.

2.45

3.44

Increase 20% the number of volunteers.

+12% (565 volunteers)

 +56.72% (793 volunteers)

Local socio-economic 
development

Approval of Embraer High School students 
in entrance exams.

Maintain the rate of approval above 80% for Embraer High 
School students for their entrance exams.

Embraer Juarez Wanderley High School: 84% 
of public university approval
Embraer Casimiro Montenegro Filho High 
School: 83% of public university approval

Embraer Juarez Wanderley High School: 86% 
of public university approval
Embraer Casimiro Montenegro Filho High 
School: 87% of public university approval

15

Research, development 
and innovation

Percentage of annual investment in technological devel-
opment applied to projects with environmental gains.

Continual increase of the percentage of annual investment in 
technological development applied to projects with environmen-
tal gains, up to the minimum of 50% for the base year 2017 
(resource to be applied in 2018).

78%

80%

1. Due to fall of revenue in 2015, some indicators have been significantly altered.
2. Considering the training carried out on Anti-corruption – Code of Ethics and Conduct.
3. This goal has been revisited and to ensure its achievement its deadline has been extended to the next 2018-2020 cycle.
4.  Considering Scope 1 emissions related to: fugitive emissions; fuel consumption other than kerosene (jet fuel); and jet fuel consumption from production flights (the current portfolio aircraft). Fuel consumption from development flights, new product certification, as 

well as the Defence and Security UN aircrafts, are not considered.

 
 
 
Revenues for the year were US$6.2 billion, 
up  from  US$5.9  billion  the  previous  year. 
In  our  order  portfolio,  we  have  accounted 
for US$19.6 billion in firm orders (backlog) 
and we have achieved an adjusted net prof-
it of US$290.5 million, with positive opera-
tional margins for our three business units 
–  a  result  we  will  seek  to  intensify  in  the 
upcoming years. 
Our programs have consistently progressed, 
ensuring  proper  execution  of  their  sched-
ules and budgets. Earlier this year, we cel-
ebrated the inaugural flight and the start of 
the certification campaign for the E190-E2, 
the  first  second-generation  jet  of  Commer-
cial Aviation’s E-Jets family. Since its launch, 
the  aircraft  has  received  275  firm  orders 
and 415 letters of intent, options and pur-
chasing rights, a total of 690 commitments 
from  airlines  and  leasing  companies.  The 
model’s first units will be delivered in 2018. 
The  KC-390,  a  multi-mission  military  air-
craft,  successfully  completed  its  first  in-
ternational  mission:  it  has  traveled  more 
than  30,000  kilometers  in  Africa,  Europe 
and  the  Middle  East,  in  addition  to  the 
long  transatlantic  ferry  flights.  This  is  the 
largest aircraft ever to be manufactured in 
Brazil,  and  it  sets  new  standards  for  the 
category opening up the opportunity for us 
to expand the globalization of the Defense 
& Security business. The program’s current 
focus is on solely on the certification cam-
paign,  scheduled  to  be  completed  in  the 
second half of 2017, with the first delivery 
planned for the following year. 
In  Executive  Aviation,  we  have  continued  to 
invest  in  the  improvement  of  the  Phenom 
100 and Phenom 300 (the world‘s best-sell-
ing  business  jet  for  the  fourth  consecutive 
year) and of the Legacy 450 and Legacy 500 
jets,  in  addition  to  enhancing  the  Legacy 
650. We also delivered the 1,000th executive 
jet, a Legacy 500, and we were recognized by 
U.S. publications Aviation International News 
(AIN) and Pro Pilot Magazine in the rankings 
for  product  support  and  customer  support, 

respectively.  This  strengthens  our  position 
in customer loyalty, which must be achieved 
through  every  relationship  opportunity,  from 
prospecting to after-sales. At the end of the 
year,  we  announced  the  creation  of  a  busi-
ness unit focused on services and customer 
support. With the start of operations sched-
uled for the first half of 2017, the unit will be 
responsible for the development of support 
solutions for products and services, both cur-
rent  and  new,  as  well  as  for  managing  the 
associated processes and resources. 
This  was  also  the  year  of  the  conclusion 
of  the  investigation  into  misdeeds  in  four 
transactions  conducted  abroad,  between 
2007  and  2011.  We  deeply  regret  these 
events,  but  we  are  certain  that  we  have 
grown with this experience. We entered into 
agreements with Brazilian and U.S. authori-
ties and we have turned the page, focusing 
on the continued strengthening of a sustain-
able culture that is founded on the pillars of 
integrity and business ethics. With improved 
processes and controls, we have advanced 
in our trajectory of success, which has been 
recognized  throughout  our  50  years,  with 
more than 8 thousand aircraft delivered to 
the market, in 90 countries. 
We are prepared for the future, with mod-
ern  products  and  adjusted  operations. 
We  continue  to  focus  on  the  company’s 
sustainability  and  we  reaffirm  our  com-
mitment  to  the  United  Nations  (UN)  Glob-
al Compact. For the same reason, we are 
celebrating one more year of listing on the 
Dow Jones Sustainability Index (DJSI) and 
on the BM&FBOVESPA’s Corporate Sustain-
ability Index (ISE, in Portuguese). 
We believe that the secret to Embraer’s lon-
gevity  are  the  people  who  are  part  of  the 
company, to whom we are extremely grate-
ful. Together, we remain confident that we 
will  always  generate  value  for  customers, 
shareholders and communities.

Paulo Cesar de Souza e Silva
President and CEO

9

Message
from the 
President and CEO

|G4-1|

Prepared for the future

We finished 2016 with the certainty that we overcame many chal-
lenges, and that we are ready to start a new cycle of achievements 
in the company. At the beginning of the year, we inaugurated the 
Embraer Corporate Office (ECO) in São Paulo, with the goal of con-
centrating the company’s corporate activities in one central unit, in 
search of greater synergy and a global vision. This period has been 
marked by adverse conditions and a deterioration of the compet-
itive landscape: emerging markets’ commercial activity continued 
in deceleration and global political and economic instabilities have 
affected sector demand. In this context, our company has been dili-
gent in adjusting costs and expenses to the current market scenar-
io and launched “Challenge 200,” in search of US$200 million in 
annual savings throughout our operations—these are fundamental 
adjustments to ensure the growth of our strength and competitive-
ness in the coming years.

8

and the Securities and Exchange Commis-
sion)  and  U.S.  authorities  (Department  of 
Justice  and  the  Securities  and  Exchange 
Commission)  due  to  certain  irregularities 
identified in four sales contracts, this past 
decade. The company has greatly strength-
ened its Compliance and Internal Controls 
Program and has implemented an ongoing 
training program for ethics in relationships 
with  its  business  partners,  both  internal 
and external. Additionally, important struc-
tural  changes  have  been  made  over  the 
last  few  years,  with  the  Compliance  and 
Internal  Audit  department  now  reporting 

to  the  Board  of  Directors  through  the  Au-
dit and Risk Committee. The company has 
learned from these facts and is taking the 
necessary  steps  to  ensure  that  similar 
events never happen again. 
We look to the future with great optimism, 
backed by a modern and competitive port-
folio  of  products  in  all  business  units,  by 
the satisfaction of our current customers, 
by the level of governance achieved and by 
the high quality of our employees.

Alexandre Gonçalves Silva
President of the Board of Directors

Message
from the Board 
of Directors

|G4-1|

2016 was a year marked by important events for the company. 
The continued development of the E2 Programs in Commercial 
Aviation and of the KC-390 Program in Defense and Security 
has  progressed  successfully,  and  on  track  with  the  schedule 
established for certification and entry into operations in 2018. 
Significant changes were made to the Board of Executive 
Officers, with the appointment of a new President and CEO, 
Paulo  Cesar  de  Souza  e  Silva,  formerly  the  head  of  the 
Commercial  Aviation  unit,  the  company’s  main  business, 
and the replacement of the General Counsel & Chief Com-
pliance Officer, with the hiring of Fabiana Klajner Leschzin-
er. Additionally, new leaders were selected for Commercial 
and Executive Aviation, and the creation of a new business 
unit was announced with a focus on Service and Support. 
These  changes  aim  to  bring  the  company  closer  to  final 
customers  and  to  increase  the  agility  of  the  company’s 
decision-making process.
After  six  years  of  in-depth  independent  investigations  and 
the company’s unrestricted collaboration, an agreement was 
reached with Brazilian authorities (Federal Public Prosecutor 

10

Israel Vainboim, Josué Christiano Gomes da Silva, Samir Zraick, Alexandre Gonçalves Silva, Sérgio Eraldo de Salles Pinto, Alexandre Magalhães 
Filho, Cecília Mendes Garcez Siqueira, José Magno Resende de Araújo, João Cox Neto, Pedro Wongtschowski and Hebert Claros da Silva

11

 
Institutional

12

Embraer  is  the  result  of  the  work  of  thou-
sands  of  people  who,  throughout  47  years, 
have taken on the challenge of establishing a 
Brazilian company as one of the main forces 
in the global aerospace market.  
Founded in 1969, the company started opera-
tions in São José dos Campos, Brazil, its head-
quarters to this day, with current presence in 
10 Brazilian cities and 17 more cities abroad. 
The company also holds 51% of the shares of 
Visiona  Tecnologia  Espacial  Telebras,  a  joint 
venture  with  Telebras;  and  65%  of  the  Por-
tuguese  company  OGMA,  which  specializes 
in  aircraft  maintenance  and  manufacturing. 
Comprising the holding structure are also the 
companies ELEB, Embraer Aero Seating Tech-
nologies (EAST), Atech, Savis and Bradar. |G4-5, 

G4-6, G4-8, G4-9|
With  cutting-edge  technology  and  human 
resources,  the  company  designs,  develops, 
manufactures and sells aircraft, systems and 
solutions for the Commercial Aviation, Execu-
tive Aviation and Defense & Security segment 
(see page 24), offering customer support and 
services in over 100 countries. |G4-4| 
Embraer ended the fiscal year with 18,506 
employees throughout the world and deliv-
ered  240  aircraft,  recording  US$6.2  billion 
in  net  income  and  US$19.6  billion  in  firm 
orders. |G4-9|

EVERY 10 
SECONDS, 
AN EMBRAER 
AIRCRAFT TAKES 
OFF SOMEWHERE 
IN THE WORLD

LARGEST BRAZILIAN 
COMPANY IN THE 
DEFENSE AND 
SECURITY SEGMENT

GLOBAL LEADER 
IN COMMERCIAL 
JETS WITH UP TO 
130 SEATS

5th 

LARGEST
MANUFACTURER OF 
EXECUTIVE JETS IN 
THE WORLD

Every day the world
gets more Brazilian.

Every day Brazil is more global. |G4-6, G4-8|

UNITED STATES

DALLAS  

FORT LAUDERDALE  

IRWINDALE

JACKSONVILLE 

MELBOURNE 

NASHVILLE 

TITUSVILLE 

WINDSOR LOCKS 

MESA 

IRELAND  
DUBLIN 

UNITED KINGDOM  

BURGESS HILL  

FARNBOROUGH 

FRANCE
LE BOURGET 

|G4-56|

VISION
Embraer will further con-
solidate its position as 
one of the leading forces 
in the global aerospace 
and defense and security 
industries. Embraer is a 
market leader in the seg-
ments in which it operates 
and commands a reputa-
tion for excellence.

MEXICO
CHIHUAHUA 

SERVICE  
CENTER

MANUFACTURING PLANTS

ENGINEERING AND  
TECHNOLOGY CENTERS

LOGISTICS 
CENTER

NETHERLANDS
AMSTERDAM 

PORTUGAL

ALVERCA 

ÉVORA 

UNITED ARAB EMIRATES

DUBAI 

CHINA
BEIJING

SINGAPORE
SINGAPORE

BRAZIL

BELO HORIZONTE (MG) 

BOTUCATU (SP) 

BRASÍLIA (DF) 

CAMPINAS (SP) 

GAVIÃO PEIXOTO (SP) 

SÃO JOSÉ DOS CAMPOS (SP) 

SÃO PAULO (SP) 

SOROCABA (SP) 

TAUBATÉ (SP) 

|G4-56|

VALUES 
OUR PEOPLE ARE WHAT MAKE US FLY | 
Our people are happy, competent, valued, 
fulfilled, and committed to what they do. 
People who work as teams and who act 
with integrity, coherence, trust in each oth-
er and respect for diversity.

WE ARE HERE TO SERVE OUR CUS-
TOMERS | Customer loyalty is earned by 
ensuring their total satisfaction and by 
building strong and enduring relationships. 
Partnerships are established based on real 
commitment and flexibility.

WE STRIVE FOR COMPANY EXCELLENCE | 
Company actions are aimed at simplicity, agility, 
flexibility and safety, while constantly striving for 
improvement and excellence. An entrepreneur-
ial attitude is built on integrated planning, re-
sponsible delegation and disciplined execution.

BOLDNESS AND INNOVATION ARE OUR 
HALLMARKS | Company on the techno-
logical forefront, with a capacity for contin-
uous learning; internal transformation and 
influencing the markets of its businesses. A 
strategic vision and an ability to overcome 
challenges with creativity and courage.

GLOBAL PRESENCE IS OUR FRONTIER | 
We demonstrate a global presence and  
mindset, acting locally to leverage competi-
tiveness and using the best of each location, 
envisioning a world without borders, one that 
values diversity.

WE BUILD A SUSTAINABLE FUTURE |  
We are constantly striving to build the foun-
dation for the company’s longevity, consid-
ering stockholders’ profitability, respect for 
quality of life, environment and society.

15

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
MANAGEMENT STRUCTURE  
AND MODEL 
Embraer has adopted the most strict stan-
dards of corporate governance and is asso-
ciated with the Brazilian Institute of Corpo-
rate Governance (IBGC, in Portuguese), the 
Brazilian  Association  of  Public  Companies 
(ABRASCA, in Portuguese), Brazilian Institute 
of  Investor  Relations  (IBRI,  in  Portuguese) 
and the National Institute of Investors (INI, 
in Portuguese). In 2016, the company was 
listed  on  the  DJSI  for  the  seventh  consec-
utive  year,  with  three  years  of  continual 
growth  in  its  overall  score.  The  company 
also comprises the ISE and the theoretical 
portfolios  of  the  Brazil  Index  (IBrX,  in  Por-
tuguese),  the  Corporate  Governance  Stock 
Index (IGC, in Portuguese), the Stock Index 
with  Differentiated  Tag  Along  (ITAG,  in  Por-
tuguese), the Industrial Sector Index (INDX, 
in Portuguese), the Bovespa Index Value 2nd 
Line (IVBX 2, in Portuguese) and the Brazil 
Index 50 (IBrX 50, in Portuguese).
The  company’s  shares  are  listed  in  São 
Paulo  on  the  New  Market  (BM&FBOVES-
PA: EMBR3) and in New York, on the New 
York Stock Exchange (NYSE: ERJ), through 

the  American  Depositary  Receipts  (ADRs) 
program,  level  III.  In  addition  to  the  New 
Market  requirements,  the  company’s  by-
laws  impose  onerous  conditions  on  any 
shareholder  who  might  hold  shares  equal 
or  superior  to  35%  of  the  capital,  includ-
ing submission to Public Tender Offer (OPA, 
in Portuguese) as well as an authorization 
from the Brazilian government, holder of a 
special  class  share,  which  grants  a  veto 
right in some strategic matters for the com-
pany and the Country. |G4-41|

General Assembly (GA) 
• Elects members to and dismisses members 
from  the  Board  of  Directors  and  the  Fiscal 
Board;  sets  the  global  compensation  for  di-
rectors and board members; deliberates on 
account  approvals  and  proposals  for  profit 
and dividend allocation; among the other at-
tributions contained in the provisions of the 
Brazilian Companies Act.

• The votes of foreign shareholders are limited 
to 40% of the votes of Brazilian shareholders. 
• Information  on  voting  rights  and  meetings 
are given in detail in the bylaws, available at 
https://goo.gl/wFNwsr. |G4-40, G4-42|

Corporate governance structure |G4-34, G4-40, G4-41|

Shareholders

Fiscal Board

Board of Directors

Strategy  
Committee

Audit and Risk  
Committee

Human Resources 
Committee

Compliance 

Internal Auditing

Risk and Internal 
Controls

Board of Executive Officers

16

Board of Directors (BD) 
• Composition:  11  members,  one  elected 
by the Brazilian government (as holder of 
the special class share); two are elected 
by the company’s employees (one appoint-
ed  by  the  Embraer  Employee  Investment 
Club – CIEMB in Portuguese – and anoth-
er nominated by the company’s non-share-
holder  employees);  and  eight  elected  by 
the other shareholders.

• Two-year term, reelection permitted. 
• Eight independent members. 
• Eight ordinary meetings per year and extraor-
dinary  sessions  as  necessary  –  13  meet-
ings in 2016. |G4-47|

• Defines strategies; elects, supervises and 
dismisses members of the Board of Exec-
utive  Officers;  monitors  risks;  and  estab-
lishes general business policy. |G4-35| 

• Carries  out  annual  formal  performance 
evaluation – of the Board, the board mem-
bers and the Committees – supported by a 
specialized  external  consultant.  Members 
evaluate themselves, each other, and also 
the President and CEO, who, in turn, evalu-
ates the execution of the BD activities every 
fiscal year. |G4-44| 

• The  BD’s  Internal  Regiment  disciplines 
its operations and the body’s relationship 
with the committees that advise it.

Strategy Committee
•Composition: up to five members. 
•Meets every trimester. 
• Supports the BD in preparing the Strategic 
Plan and the Action Plan; evaluates market 
opportunities; and monitors results. 

Audit and Risk Committee
•Composition: up to five members. 
•Meets every bimester. 
• Supports the BD in identifying and managing 
risks; oversees the quality of financial state-
ments;  recommends  and  supervises  the 
external  audit  firm1;  monitors  performance 
and independence of the internal audit.

Human Resources Committee
•Internally  designated  as  the  Committee  
of  People,  Compensation,  Organization  
and Governance.

•Composition: up to five members.
•Meets every trimester.
• Guides  the  BD  with  regards  to  the  election 
and dismissal of the members of the Board 
of  Executive  Officers,  the  establishment  of 
compensation  and  human  resources  poli-
cies, and to the transfer of resources to em-
ployee  associations  as  well  as  entities  for 
assistance,  recreation  and  private  pension; 
guides on matters of governance of the activ-
ities of the BD and of its Committees.

Fiscal Board
• Composition: from three to five members.
• Meets every trimester.
• Examines the financial statements. 
• Permanent and independent administration 

entity.

Board of Executive Officers
• Composition: from four to 11 members elect-

ed by the BD.

• Two-year terms, with the possibility of re-election.
• Monthly meetings. 
• Responsible  for  daily  administration,  follow-
ing the guidelines of company bylaws and the 
deliberations of the BD and GA. 

• Formally  responsible  for  the  company’s  per-
formance  on  economic,  environmental  and 
social  topics:  the  Executive  Vice  President 
of  Finance  and  Investor  Relations  and  the 
Vice  President  of  People  and  Sustainability, 
respectively. |G4-36|

• The Board of Executive Officers is evaluated 
annually with the 360° methodology, where-
as the evaluation of the President and CEO 
is the responsibility of the BD. All attributes 
and composition of the BD, the Committees, 
the Fiscal Board and the Board of Executive 
Officers are provided in detail at https://goo.
gl/nfyTAo. |G4-35, G4-38, G4-39|

1. Function exercised in compliance with American law, especially the Sarbanes-Oxley Act.

17

 
Board of Executive Officers

Michael Amalfitano, José Antonio de Almeida Filippo, John Stephen Slattery, Paulo Cesar de Souza e Silva, 
Jackson  Medeiros  de  Faria  Schneider,  Fabiana  Klajner  Leschziner,  Mauro  Kern  Junior,  Mauricio  Rodrigues 
Aveiro, Johann Christian Jean Charles Bordais and Nelson Krahenbuhl Salgado (absent)

Compliance |G4-DMA: Fighting corruption, G4-
SO3, G4-SO4|
The  Compliance  Program  aims  to  ensure 
the  adoption  of  the  highest  standards  of 
integrity  and  international  good  practices 
as  well  as  the  adherence  to  the  laws  of 
the countries in which Embraer is present, 
above  all  those  that  govern  anti-corruption 
practices  and  export  control.  The  initiative 
is coordinated by the department of Compli-
ance and supervised by the Board of Direc-
tors, the Audit and Risk Committee, and by 
the President and CEO. 

During  the  fiscal  year,  the  program  inten-
sified  its  relationship  with  the  group  of 
more  than  200  compliance  agents  –  em-
ployees from various departments, in Bra-
zil and abroad – who act as multipliers of 
the culture of ethics and compliance in the 
company. Workshops were also held to en-
sure full comprehension of the company’s 
policies  and  how  to  execute  them  during 
daily tasks. The training plan includes lec-
tures on ethics and integrity administered 
by Marjorie Doyle, member of the Society of 
Corporate  Compliance  and  Ethics  (SCCE). 

18

ETHICS AND 
INTEGRITY  

|G4-DMA: Non-discrimination, G4-DMA: Fighting  

corruption, G4-56, G4-SO3|

The Anti-Corruption Policy and 
the Code of Ethics and Conduct 
ensure the company’s integrity in all 
operations. The former establishes 
guidelines to prevent conflicts of 
interest, deal with donations and 
sponsorships, the offering and receiv-
ing of gifts, and outsourcing. It also 
establishes mechanisms for investi-
gations to be carried out prior to the 
formation of company partnerships. 

The Code of Ethics and Conduct 
shares norms for responsible busi-
ness management in all operations. 
The document is guided by internal 
business values and by the Global 
Compact of the United Nations, in 
addition to complying with anti-cor-
ruption laws, international trade, 
and initiatives such as the Interna-
tional Forum on Business Ethical 
Conduct (IFBEC) and the Partnering 
Against Corruption Initiative of the 
World Economic Forum (PACI-WEF). 
In 2016, the Board of Directors 
approved a revision regarding the 
prohibition of contributions to politi-
cal parties. The Code is available at 
http://compliance.embraer.com.br/
en/SitePages/Home.aspx and all 
board members, members of the 
Board of Executive Officers, employ-
ees and third-party collaborators are 
trained in the document’s guidelines. 

Lectures were attended by more than 500 
employees  from  several  departments  and 
by members of the Board of Directors. 
Among  the  advances  in  the  Compliance 
Program,  we  highlight  the  development  of 
the  Know  Your  Customer  procedure,  which 
requires a reputational analysis of potential 
clients based on risk factors, and the adop-
tion of a continuous audit system that per-
forms monitoring of critical operations, such 
as supplier payments, travel expenses, do-
nations and sponsorships. The intention is 
to expand the system, which already serves 
the Internal Audit area, to other processes 
in the coming years. 
In  2010,  when  potential  nonconformities 
in  certain  overseas  business  transactions 
were  questioned  by  U.S.  authorities,  the 
company hired external lawyers to conduct 
independent  investigations,  proactively  ex-
panding  the  initial  scope  and  sharing  the 
findings  with  the  competent  authorities. 
These  investigations  found  that  the  com-
pany  was  responsible  for  irregular  actions 
in  four  transactions  involving  16  aircraft 
between  2007  and  2011  in  Saudi  Arabia, 
India,  Mozambique  and  the  Dominican  Re-
public.  On  October  24,  2016,  Embraer  an-
nounced  the  terms  for  closing  this  case, 
which had been investigated by U.S. author-
ities – the United States Department of Jus-
tice (DOJ) and the Securities and Exchange 
Commission  (SEC)  –  and  by  Brazilian  au-
thorities  –  Federal  Public  Prosecutor  (MPF) 
and  the  Securities  and  Exchange  Commis-
sion (CVM). As part of the agreements, the 
company  agreed  to  contract  external  and 
independent  monitoring  for  three  years  to 
monitor compliance with the terms and will 
make  a  payment  of  US$205.5  million  to 
U.S.  and  Brazilian  authorities.  Upon  timely 
fulfilment of the agreements, no charges will 
be brought against Embraer (see more infor-
mation in the GRI Indicators).

19

 
Risk management |G4-2, G4-14, G4-46| 
Embraer’s risk management methodology is 
backed by the Risk Management Policy and 
is segmented into four categories (see Cat-
egorization  of  Risk).  This structure enables 
the concentration of efforts for more asser-
tive monitoring, identification and mitigation, 
in each situation. 
Upper management relies on the support of 
the  Risk  and  Internal  Controls  department 
and is also involved, through interviews and 
meetings,  in  the  periodic  revision  of  trends 
and  adversities  that  might  compromise  op-
erational  performance.  The  structure  is  re-
inforced  by  the  Audit  and  Risk  Committee, 
which ensures autonomy to the Internal Audit 
area as well as to the external audit services. 

Helpline
|G4-DMA: Procedure for complaints and claims related to 

environmental impacts, G4-DMA: Procedure for complaints 

and claims related to labor practices, G4-DMA: Procedure  

for complaints and claims related to human rights,  

G4-DMA: Procedure for complaints and claims related to 

impacts in society, G4-57, G4-58|
The  Helpline  is  a  tool  to  register  allega-
tions  and  concerns  related  to  attitudes 
that violate the Code of Ethics and Conduct 
and the law. Contacts are consolidated by 
an independent company and forwarded to 
the Compliance department, in order to as-
sure the confidentiality2 of the person who 
files the case, who also receives a protocol 
number to monitor its progress online.
Among the issues raised throughout 2016, 
nearly 60% were related to conduct devia-
tion,  of  which  45%  were  pertinent.  Refer-
rals  and  solutions  to  the  issues  included 
coaching  and  conduct  monitoring,  in  ad-
dition  to  disciplinary  measures,  such  as 
warnings, suspensions and dismissals. |G4-

LA16, G4-HR12| 
In total, 325 reports were filed during the 
year,  a  7%  increase  over  2015.  This  rise 
demonstrates  the  growing  credibility  of 
the channel and of the awareness among 
employees and third-party collaborators re-
garding the conduct expected by the com-
pany.  In  2017,  the  Helpline  changed  its 
name  to  Helpline  –  Whistleblowing  Chan-
nel, in order to help the public better under-
stand its purpose. 

Employees, partners and suppliers may 
contact the following telephone numbers:  

Brazil: 0800-721-5968 
Portugal: 800-180-118 
United States: 1-877-900-8779 
Singapore: 800-130-2122 
China: 400-120-4946 
France: 0805-080608 
Netherlands: 0800-450-0019 

or on the site www.embraerhelpline.com

2.  Except  in  countries  whose  laws  do  not  allow  reports  to  be  made  anonymously.  In  this  case,  

Embraer abides by local legislation.

20

Categorization of risk |G4-DMA: Economic performance|

STRATEGIES 

OPERATIONAL 

FINANCIAL

REGULATORY/
LEGAL

RISKS THAT COULD 

RESULTING FROM FAILU-

RISKS RELATED TO EX-

REFERS TO COMPLIANCE 

IMPACT THE ECONOMIC 

RES OR INADEQUACIES 

POSURE OF FINANCIAL 

WITH LOCAL LAW WHERE 

VALUE OF THE BRAND 

IN INTERNAL PROCESSES 

OPERATIONS. THE COMPANY 

EMBRAER OPERATES, 

AND THE IMAGE OF 

THAT RESULT IN LOSS OF 

ADOPTS PROTECTIVE MEA-

INCLUDING REGULATIONS 

EMBRAER, WHICH ARE 

PRODUCTION, ASSETS, CUS-

SURES AIMED AT INCREA-

OF THE AERONAUTICAL 

RELATED TO DECISIONS 

TOMERS OR REVENUES. 

SING THE GENERATION OF 

SECTOR AT EACH STAGE 

FROM THE BOARD OF 

ALSO INCLUDES EXTERNAL 

OPERATING CASH FLOW, THE 

OF AIRCRAFT MANUFAC-

EXECUTIVE OFFICERS. 

EVENTS, SUCH AS NATURAL 

POSITIVE RETURNS ON FI-

TURING, FROM DESIGN TO 

CATASTROPHES AND OTHER 

NANCIAL TRANSACTIONS AS 

POST-SALES SUPPORT.

EVENTS RESULTING FROM 

WELL AS FUNDRAISING. THE 

CLIMATE CHANGE.

COMPANY’S OPERATIONS 

FOLLOW GUIDELINES OF THE 

FINANCIAL MANAGEMENT 

POLICIES APPROVED BY THE 

BOARD OF DIRECTORS.

With respect to climate change, Embraer car-
ries out risk analyses for periods of five years, 
considering  aspects  such  as  environmental 
laws (Brazilian laws and of countries in which 
Embraer  operates),  discussions  on  carbon 
taxation  and  the  European  Union  Emissions 
Trading  Scheme  (EU  ETS).  The  most  recent 
analysis, carried out in 2012, did not identify 
any  vulnerabilities  of  the  company  to  these 
changes.  The  main  factories  are  located  in 
Brazil, a country that is not prone to extreme 
natural phenomena, and the units abroad are 
also at a low risk. Nevertheless, all operations 
follow guidelines to minimize adverse effects. 
In addition to categorizing risks considered to 
be environmental catastrophes, Embraer mon-
itors potential impacts to its operations. Most 
of the units are ISO 14001 certified and the 
company maintains its goal of implementation 
of this certification at 100% of its manufactur-
ing plants and service centers. |G4-EC2|

Comittment to excellence
|G4-DMA: Economic performance|
Embraer  establishes  a  corporate  procedure 
for identifying relationship guidelines related 
to each stakeholder. Based on the Principles 
of  Excellence  in  Management  and  on  the 
Model  of  Management  Excellence  (MEG,  in 
Portuguese) from the National Quality Foun-
dation (FNQ, in Portuguese), Embraer keeps 
the Embraer Business System (SEE, in Portu-
guese), which defines the main guidelines for 
the company’s business model. By present-
ing a systematic vision of Embraer, the SEE 
makes  it  possible  to  understand  the  main 
objectives of management by value streams, 
stimulating continuous improvement with fo-
cus on the stakeholders (customers, share-
holders, people, partners, society and the en-
vironment), ensuring that all activities result 
in  shared  values  (see  more  information  in 
the GRI Indicators). |G4-24, G4-25, G4-26|

21

 
Results

Culture

Leadership

s
s
e
n
s
u
B

y
c
n
e
c
i
f
f
e

i

i

T
r

a

n

sformation m a n a g

S
t
a
f
f

e nt

m

e

The application of the lean management phi-
losophy is the essence of P3E. Guided by the 
optimization of processes and the reduction 
of waste, this philosophy provides reduction 
in costs as well as gains in productivity and 
quality. In 2016, P3E has made it possible 
to improve the efficiency of Commercial Avi-
ation,  through  a  project  aimed  at  reducing 
production cycles. The program also result-
ed in the qualification of the sales process 
for  Executive  Aviation,  which  is  generating 
better operating margins.

Awards and recognition
Brazil’s Most Innovative Company | Award from 
the Valor Econômico newspaper, in partnership 
with the consulting firm Strategy&. The compa-
ny came in first place in the ranking based on 
an evaluation of the revenues invested in inno-
vation, the creation of new products and the 
maturity of innovation processes. 
2016 Best Companies to Work For in Brazil | 
Ranking shared by the consulting firm Great 
Place to Work® and by the magazine Época. 
This recognition demonstrates the culture of 
valuing  the  internal  public  and  its  commit-
ment to the company’s performance. 
The Best Companies for Starting your Career | 
Survey conducted by the magazine Você S/A 
in partnership with the Fundação Instituto de 
Administração (FIA) and Companhia de Talen-
tos, which evaluates the satisfaction of young 
people starting their careers. 

Best  Companies  for  Human  Resources  | 
Award given by the newspaper Valor Econômi-
co and by the consulting firm Aon to compa-
nies that adopt the best practices in human 
resources management. 
Transparency  in  Corporate  Reports:  Evalu-
ating  Multinationals  in  Emerging  Markets  | 
Study conducted by the International Trans-
parency  NGO,  which  analyzed  100  compa-
nies  operating  in  185  markets  and  head-
quartered  in  15  countries.  Among  the  12 
Brazilian companies analyzed, Embraer was 
the only one to be graded above 5 (5.6) on a 
scale from zero (least transparent company) 
to 10 (most transparent company).
Empresas Mais | Prize given by the newspa-
per O Estado de S. Paulo in partnership with 
the  Fundação  Instituto  de  Administração 
(FIA). Embraer won first place for the category 

“Vehicles and Car Parts” and stood out among 
the ten leaders in Corporate Governance.
Aviation  International  News’  2016  Product 
Support Survey | Product support survey con-
ducted annually by the U.S. magazine Aviation 
International News (AIN). In 2016, Embraer’s 
Executive Aviation reached the top of the rank-
ing with the highest average for all aspects of 
the survey (8.4 points out of a total of 10) for 
new and used executive jets.
Pro Pilot magazine’s Corporate Aircraft Prod-
uct Support Survey | Executive Aviation also 
stood out by taking first place, for the sec-
ond consecutive year, in the customer sup-
port  survey  for  executive  aircraft  from  the 
magazine Pro Pilot. Embraer achieved 8.58 
points,  the  highest  score  among  all  man-
ufacturers  in  the  26  years  that  the  survey 
has been conducted.

23

Embraer:  
value stream

Values by 
stakeholder

WIN 
CUSTOMERS 

DEVELOP 
PRODUCTS

CUSTOMERS | 
AVAILABILITY,  
PERFORMANCE, 
COMPETITIVE OFFERING/
SOLUTIONS, SAFETY

>

SHAREHOLDERS | 
FINANCIAL RETURN/
FINANCIAL HEALTH

DELIVER 
ORDERS

PEOPLE | PROFESSIONAL  
AND PERSONAL FULFILLMENT

SERVE 
CUSTOMERS

BUSINESS 
MANAGEMENT*

PARTNERS |  
INTEGRITY AND CONTINUITY

SOCIETY AND THE ENVI-
RONMENT | RESPECT FOR 
SOCIETY AND THE ENVIRON-
MENT, WITH GENERATION OF 
WEALTH AND WELL-BEING

*  In 2016, the company established the Business management value stream, which 
joined  the  previous  flows  Serving  shareholders,  Generating  value  for  partners, 
Respecting society and the environment and Attracting and retaining people.

One of the fundamental elements of the com-
pany’s  management  model  is  the  Embraer 
Enterprise Excellence Program (P3E), through 
which employees are engaged in re-envision-
ing  processes  for  continual  improvement  of 
results. Divided into four pillars, the program 
is considered a key element for the evolution 
of corporate management.

22

 
 
PRODUCTS AND SERVICES  
|G4-4, G4-8| 
In 2016, Embraer participated in the Farnbor-
ough  International  Airshow,  a  global  tradition 
in the airspace sector that is held in London. 
For the first time, the company had each of its 
three business units featuring a new product: 
the  latest  generation  E190-E2  commercial 
jet  (see  page  25),  the  KC-390  multi-mission 
military  freighter  (see  page  27)  and  the  Leg-
acy  500  executive  jet  (see  page  26).  These 
products  demonstrate  a  commitment  to  cut-
ting-edge innovation and technology, as well as 
continual portfolio modernization.
In  Commercial  Aviation’s  Customer  Satisfac-
tion Survey (CSS), the Index of Spontaneous 
General  Satisfaction  (ISGE,  in  Portuguese) 
reached  84.9%  and  the  Embraer  Absolute 
Favorability (EAF) index reached 83%, preserv-
ing an improvement trend over the last seven 
years and positioning the company in second 
place among all sector manufacturers. All sur-
vey  topics  for  2016  showed  an  increase  in 
the absolute favorability index. These results 
reflect a commitment to serve customers with 
excellence.  In  this  regard,  starting  in  2017, 
the company will operate a business unit fo-
cused on customer support and services (see 
more information on the customer satisfaction 
survey results in GRI Indicators). |G4-DMA: Labeling 

of products and services, G4-PR5|

24

Commercial Aviation 
Embraer  Commercial  Aviation  is  a  global 
leader in the manufacturing of jets with up 
to 130 seats.  In 2016, the company cele-
brated  the  inaugural  flight  of  the  first  pro-
totype  of  the  E190-E2  as  well  as  its  first 
international  mission,  which  marked  the 
beginning of the certification campaign. The 
delivery of the first aircraft is scheduled for 
2018. Also, the campaigns for the E195-E2 
and E175-E2 models are on track and their 
entry  into  service  are  scheduled  for  2019 
and 2021, respectively.
The second generation E-Jets have high per-
formance engines that – together with new 
wings, fly-by-wire flight controls and advanc-
es in other systems – result in significant re-
ductions of fuel consumption, maintenance 
costs, emissions and external noise. Since 
its  launch,  this  product  has  won  275  firm 
orders and a total of 415 options, purchase 
rights and letters of intention. |G4-EN7|
Despite the schedule of new products in the 
upcoming years, sales performance for the 
first generation of E-Jets, mostly the E175 
and  E190  models,  has  been  on  par  with 
previous  years.  This  reflects  customers’ 
preference  for  these  aircraft  and  validates 
the decision to offer aircraft with 70 to 130 
seats, within one family.
The business unit had a significant partici-
pation in the United States with the replace-
ment cycle of the 50-seat fleet. On the other 
side of the globe, China is presenting oppor-
tunities stemming from new policies issued 
by the Civil Aviation Administration of China 

MORE THAN 
1,800 

COMMERCIAL AIRCRAFT 
IN SERVICE WITH OVER

100

AIRLINES AROUND

THE WORLD

THIRD LARGEST 
MANUFACTURER 
OF COMMERCIAL 
JETS IN  
THE WORLD

E195-E2
(120 TO 146 SEATS)

E190-E2
(97 TO 114 SEATS)

E175-E2
(80 TO 90 SEATS)

E195
(106 TO 108 SEATS)

E190
(97 TO 114 SEATS)

E175
(76 TO 88 SEATS)

E170
(70 TO 78 SEATS)

FAMILY ERJ 145
(37 TO 50 SEATS)

25

(CAAC). The largest country in East Asia has 
been  strategic  for  Embraer,  accounting  for 
80% of the region’s market share of the fleet 
of jets with less than 130 seats. Africa also 
presents a potential market, not only among 
the major airlines, but also with smaller op-
erators that are migrating to E-Jets.

SERVICES AND SUPPORT:
- Maintenance and repair of aircraft
- Revitalization of aircraft
- On-Site stocks (OSS)
- Field support
- Technical support
- Flight operations
- Training 
- eSolutions

Learn more at  
www.embraercommercialaviation.com

Comfort and verticalization 
In 2016, Embraer Aero Seating Technologies (EAST) began operations in Titusville, Florida, where it manufactures commercial 
and executive aircraft seats, including those for the first class of the E2. This represents an important step for the company’s 
verticalization strategy. This new unit’s products are characterized by quality, ergonomics, and the use of light materials. 

Executive Aviation
In  2016,  shortly  after  having  completed  10  years  of  operations, 
Embraer Executive Aviation celebrated the delivery of its 1,000th jet, a 
Legacy 500. The model was also approved for operations at London 
City Airport, one of the most restrictive landing sites in the world.
This  year  was  also  marked  by  investments  in  the  improvement  of 
the  Phenom  100  and  Phenom  300  (the  world’s  best-selling  busi-
ness aircraft for the fourth consecutive year) and of the Legacy 450, 
Legacy 500 and Legacy 650E. The company also began the testing 
campaign for the Phenom 100EV (the new generation of the Phenom 
100), which was presented at the main international event for execu-
tive aviation, the National Business Aviation Association (NBAA) Con-
ference and Exhibition, in Orlando, Florida. The new product version 
introduces a superior avionics system and more powerful engines, 
with better performance in high temperatures and elevated altitude 
airports. The new jet is scheduled to enter the market during the first 
semester of 2017.
Further globalizing the business unit and to be closer to customers, 
Embraer  has  transferred  part  of  the  final  assembly  of  the  Legacy 
450 and Legacy 500 jets to Melbourne, Florida, where the Phenom 
100 and Phenom 300 models are already being produced. |G4-13|

PHENOM 100
(4 TO 7 SEATS)

PHENOM 300
(6 TO 10 SEATS)

LINEAGE 1000E
(13 TO 19 SEATS)

26

EXECUTIVE JETS DELIVERED

1 OUT OF EVERY 5
IN THE WORLD 
IS FROM EMBRAER

Throughout  the  year,  sales  channels  were 
also  opened  with  representatives  in  Mexi-
co, Chile, Japan, and in Europe. In addition 
to  enhancing  Embraer’s  global  presence, 
the  initiative  aims  to  develop  a  global 
brand  that  comprehends  the  culture  and 
the  uniqueness  of  buyers  in  the  countries 
where relationships are established.

Far beyond executive use 
In 2016, Embraer delivered two Phenom 
100E to Etihad Flight College, an integral 
subsidiary of Etihad Airways, the national 
airline of the United Arab Emirates. The 
contract provides for the delivery of two more 
jets of the same model at the beginning of 
2017. The aircraft will be used in the pilot 
training academy, created to support the 
rapid growth of the airline’s fleet.  
The Phenom 100E will also be used to 
train pilots in the United Kingdom’s armed 
forces. The contract signed with Affinity Flight 
Training Services provides for the acquisition 
of five aircraft for the Military Flight Training 
System (MFTS) program of the United 
Kingdom’s Ministry of Defense. The aircraft 
model is already being used at flight schools 
in the United States, Finland and Australia. 

LEGACY 450
(7 TO 9 SEATS)

LEGACY 500
(8 TO 12 SEATS)

SERVICES AND SUPPORT:
-  Maintenance and repair of aircraft 
(Embraer Executive Care – EEC)
- Aircraft refurbishment
- On-Site Stocks (OSS)
- Performance software
-  Reduced Vertical Separation 
Minimum (RVSM)
-  Integrated diagnostic solution 
(Aircraft Health Analysis and 
Diagnosis – AHEAD)

LEGACY 650E
(13 TO 14 SEATS)

Learn more at  
www.embraerexecutivejets.com/en-us

MORE THAN 
1,000 EXECUTIVE JETS
DELIVERED IN MORE THAN

60 COUNTRIES

Defense & Security
Embraer Defense & Security plays a strategic 
role in the Brazilian defense system and is the 
segment leader in Latin America. Additional-
ly, it is present in over 60 countries. The A-29 
Super  Tucano  turboprop,  for  instance,  was 
the business unit’s best-selling model for the 
year and already serves 13 air forces in tacti-
cal support missions, counterinsurgency op-
erations, advanced training and surveillance.  
Participation in the global market will inten-
sify  in  the  coming  years  with  the  launch  of 
the KC-390, a multi-mission aircraft that sets 
new standards in the category. In addition to 
delivering  more  performance  and  efficiency 
(with  jet  propulsion  and  reduced  operating 
costs),  the  new  freighter  is  capable  of  per-
forming various missions such as transport-
ing and launching troops and cargo, humani-
tarian aid, in-flight refueling, rescue missions 
and  wildfire  suppression.  In  2016,  the  air-
craft completed major milestones of its flight 

test  campaign  and  toured  eight  countries, 
traveling  more  than  16,300  nautical  miles 
(nearly 30,200 kilometers), and in 23 days 
off base, it demonstrated 100% availability. 
Embraer  expects  to  receive  the  Initial  Op-
erational  Capability  (IOC)  declaration  by 
the end of 2017 and the Final Operational 
Clearance (FOC) in 2018. The first deliveries 
will also occur in 2018.
In  recent  years,  Defense  &  Security  has  in-
vested continuously in portfolio diversification 
with  air  traffic  control  products  and  radars 
operating under the most challenging climat-
ic  and  topographic  conditions,  in  addition  to 
integrated border protection systems. During 
the year, the process of consolidating the op-
erations of Savis Tecnologias e Sistemas S.A. 
and  Bradar  Indústria  S.A.  started.  The  com-
panies are engaged in the development and 
production of radars, as well as border mon-
itoring  for  remote  sensing  and  protection  of 

DEFENSE 
AND SECURITY 
SOLUTIONS IN
MORE 
THAN 60 
COUNTRIES

27

 
strategic structures.  Both  compose  the Tepro Consortium, in charge 
of implementing the Integrated Border Monitoring System (Sisfron, in 
Portuguese) in Brazil. Sisfron comprises a border area of 800 km in the 
state of Mato Grosso do Sul. By 2016, 70% of the project had already 
been executed.
Visiona Tecnologia Espacial is a joint venture formed between Embraer 
and Telebras with the objective of acting in the integration of the sys-
tem of Strategic Defense and Communications Geostationary Satellite 
(SGDC, in Portuguese) of the Brazilian Government. Scheduled to be 
launched at French Guiana in the first semester of 2017, the SGDC 
aims to meet the country’s satellite communications needs, including 
the National Program (PNBL) and a broad spectrum of strategies.
The Gripen Design Development Network (GDDN) in Gavião Peixoto, 
Brazil,  also  began  operations  this  year,  established  for  the  devel-
opment of the Gripen NG in Brazil, in partnership with the Swedish 
company SAAB. Embraer Defense & Security and SAAB will conduct 
the full development of the two-seat version of the fighter. Between 
2019 and 2024, 36 Gripen NG fighters will be delivered to the Bra-
zilian Air Force (FAB, in Portuguese). |G4-13|

Gold Medal in Defense & Security 
In 2016, Rio de Janeiro hosted the Olympic and Paralympic Games, and 
nearly 2.5 million people passed through Tom Jobim International Airport. 
Embraer Defense & Security companies – Atech, Visiona Tecnologia 
Espacial, Savis and Bradar – worked in partnership with the Brazilian 
Government and contributed to the above-average safety compliance 
indices, as measured by the Ministry of Transportation. 
Atech – which incorporated the activities of Embraer Systems in 2016 
– offered the Integrated Air Traffic Management System (SIGMA, in 
Portuguese), which provides airspace usage planning, and the Advanced Air 
Traffic Information Management System and Reports of Operational Interest 
(SAGITARIO, in Portuguese), which simplifies airspace management, 
previously planned with SIGMA. 
Visiona, in partnership with five other companies, carried out a monitoring 
pilot project by capturing high and very high resolution images, even under 
adverse climatic conditions. 
During the football matches held in Brasília, the nation’s capital, with the 
support of Savis and Bradar, the army relied on a 4G/LTE (700MHz) mobile 
broadband network with a more reliable connection, without oscillations 
or interference. In Rio de Janeiro, the company also made available the 
Airborne Monitoring Sensor Based on Radio-Frequency Emission (SABER 
M60, in Portuguese), which assisted the Brazilian Aerospace Defense 
System (SISDABRA, in Portuguese) in protecting the Games’ governmental 
and sports facilities.

Agricultural Aviation
Embraer’s Ipanema aircraft is the leader in the Brazilian 
agricultural aviation market, with 75% market share and  
more than 1,300 units sold. The product has been 
manufactured for 50 years, without interruption, focusing on 
market trends and customer needs. This is the world’s first 
airplane to be certified to fly with 100% ethanol for fuel. 
Learn more at www.embraeragricola.com.br

KC-390:
AIRCRAFT DESIGNED AND MANUFACTURED

THE LARGEST

IN BRAZIL

KC-390

A-29
SUPER TUCANO

SPECIAL 
MISSIONS

INTELLIGENCE 
SURVEILLANCE AND 
RECONNAISSANCE 
(ISR)

SERVICES AND SUPPORT:
- Maintenance and repair of aircraft
- Modernization of aircraft
-  Unmanned aerial vehicles
-  Training and Operation Support System (TOSS)
-  Security systems/C4I (command, control,  
communication, computing and intelligence)
- Air traffic control systems
- Remote sensing
- Aerial surveillance radar
- Satellites
-  Development and integration of complex  
systems for segments other than aviation  
and defense

Learn more at www.embraerds.com

In the coming years, the unit will maintain in-
vestments in these projects in order to grow 
sales  volume  and  customer  base,  increase 
financial results, portfolio diversity, and expan-
sion of international presence.

Research, innovation  
and development
Being  at  the  forefront  of  technology  is  a 
fundamental condition for Embraer, whose 
strategy  is  based  on  continuous  learning 
and the ability to innovate. 
The  manufacturing  plants  house  engineer-
ing  and  product  development  teams  –  the 
largest  of  which  is  in  São  José  dos  Cam-
pos,  Brazil,  which  concentrates  more  than 
4,000  professionals  in  these  activities, 
240  of  whom  are  in  pre-competitive  R&D. 
In  addition,  the  company  maintains  three 
engineering and technology centers: in Belo 
Horizonte  (MG,  Brazil),  Melbourne  (Florida, 
USA) and in the District of Évora (Portugal). 
Embraer  protects  the  intellectual  property 
generated by its research and development 
investments.  Throughout  the  year,  consider-
ing the portfolios of invention patents and in-
dustrial design, the company filed 609 patent 
applications and had 314 patents granted.
The company also allocates resources for in-
novation through the Aerospace Participation 
Investment  Fund  (FIP,  in  Portuguese),  creat-
ed  in  2014  with  the  Brazilian  Development 
Bank  (BNDES,  in  Portuguese),  the  Funding 
Authority  for  Studies  and  Projects  (FINEP,  in 
Portuguese), and the State of São Paulo de-
velopment agency Desenvolve SP. In 2016, in-
vestments were made in five companies in the 
space, defense and cyber security segments, 
for which R$44.27 million were allocated.
Incremental  innovation,  in  addition  to  oc-
curring  vigorously  within  P3E  (see  page 
21),  is  stimulated  among  employees  by 
the  Good  Idea  and  the  Innova  programs. 
Good Idea is a program of suggestions for 
the  development  of  routine  activities  with 
more efficiency. Throughout its history, the 
program  has  received  contributions  from 
13,000  people  and,  in  2016,  recorded 
11,650 implementations of initiatives.

The Innova Program stimulates the culture of innovation and provides 
spaces  for  the  consolidation  of  ideas.  The  main  initiative  today  is 
Green Light, which brings a startup environment into the company by 
offering financial support and up to 100% paid time off for employees 
to develop their projects. This year, 28 projects were awarded funding 
for 76 people. Innova underwent a review and, starting in 2017, the 
program  also  assumes  the  role  of  catalyzing  exponential  technolo-
gies  and  identifying  disruptive  opportunities  for  the  business.  With 
this goal, the company will begin immersion into the innovation hubs 
of the Silicon Valley and of Boston, USA. 
In  addition  to  these  initiatives,  employees  also  meet  annually 
for  the  Embraer  Seminar  on  Technology  and  Innovation  (SETI,  in 
Portuguese),  a  conference  that  presents  the  main  technological 
advances  being  developed,  which  can  be  strengthened  through 
integration of the different departments of the company. 
Regarding product sustainability, the program for the Integrated De-
velopment of Environmentally Sustainable Products (DIPAS, in Por-
tuguese), coordinated by the Engineering department, leads studies 
and actions to insert Design for Environment (DfE) strategies into 
the company. Through this initiative, the use of restricted material 
is managed with consideration for current and future environmen-
tal  legislation,  technological  alternatives  to  these  materials  are 
developed, and studies are conducted with respect to the product 
life cycle. There is also extensive interaction with the departments 
responsible for the creation of technologies aimed at reducing fuel 
consumption, carbon dioxide (CO2) emissions, noise, maintenance 
costs, and increasing operational efficiency, as well as pilot and 
passenger  comfort.  Since  the  aircraft’s  operation  is  the  longest 
stage in its life cycle, exceeding 15 years of activity, reducing fuel 
consumption  and,  consequently,  energy,  has  a  direct  impact  on 
the product’s environmental performance. Additionally, fuel costs 
are the main expense in aircraft operation, which is why manufac-
turers are always seeking design options that promote efficiency, 
thereby  meeting  both  environmental  and  market  requirements.  

|G4-DMA: Products and services, G4-EN7, G4-EN27|

United by the common good |G4-EN27|
In 2016, Embraer and Boeing conducted tests on an E170 aircraft, 
which received a series of technologies to reduce environmental 
impact and increase aircraft efficiency and performance, such as a 
system for measuring air data; special paint to lessen the accumulation 
of ice and insects; aerodynamic modifications to reduce noise on 
takeoff and landing; and a bio-fuel blend, produced in Brazil, with 10% 
bio-kerosene and 90% fossil kerosene. This initiative is part of the 
partnership between these companies in the context of the Boeing eco-
Demonstrator program, which, without precedent, unites the efforts of 
two of the world’s leading aircraft manufacturers for the benefit of the 
environment and of the aerospace industry.

Strategic plan guidelines 
Commercial Aviation | Solidify Embraer’s leader-
ship position in its segment, expanding the cus-
tomer base, perfecting the E-Jets, and pursuing 
excellence in the customer support model. 

Executive Aviation | Consolidate Embraer’s 
position as one of the world’s most admired 
brands of executive jets, with recognition of 
customers for the quality of products and service.

Defense & Security | Maintain Embraer’s 
leading position in the domestic market 
and expand its international performance 
through the modernization of products and 
support services.

Business Diversification | Develop new business 
from the core competencies of the company, 
accelerating the adoption of new technologies 
and business models.

People, sustainability, organization and 
processes | Keep advancing as a global 
organization committed both to delivering 
customer satisfaction and valuing its people; 
a company that grows sustainably and serves 
as reference in the market for innovation and 
corporate excellence.

INTANGIBLE ASSETS
Annually, during the review cycle of the stra-
tegic plan, Embraer identifies and prioritiz-
es  its  intangible  assets  in  order  to  guide 
its performance as a company that values 
people and is committed to customers and 
business excellence.
Brand  |  Monitored  by  material  published  in 
the press, presence in the sustainability indi-
ces and external acknowledgments referring 
to the management of people and the quality 
of service and products (see page 22).
Knowledge  |  Measured  through  the  ma-
turity  index  of  processes  implemented  in 
the company, as well as by the practices of 
knowledge management. 
Intellectual  property  |  Measured  by  num-
ber of patents for inventions and for indus-
trial designs.
People  |  Evaluated  periodically  by  compe-
tencies (see page 35). Another indicator is 
external  recognition  related  to  personnel 
management (see page 22).
Leadership | 360° evaluations (see page 35).

ECONOMIC/FINANCIAL 
PERFORMANCE |G4-DMA: Economic performance|
The year was challenging for Embraer due to 
reduced sales in the Defense & Security and 
Executive  Aviation,  in  line  with  other  compa-
nies  in  these  segments.  The  consolidated 
results, however, were positive in light of the 
good performance of the Commercial Aviation 
segment and the reduction of costs and ex-
penses,  mainly  for  the  qualification  of  sales 
and margin improvement in Executive Aviation.
In  2016,  the  company  delivered  240  air-
craft, the same volume as the previous year. 
Net revenue was US$6,217.5 million, slight-
ly higher than the estimates for the year.

Operating income  
and operating margin 
Operating income (EBIT) and operating mar-
gin  closed  2016  at  R$717.8  million  and 
3.3%, respectively, slightly down when com-
pared to the previous year (operating income 
of  R$1,103.1  million  and  operating  margin 
of 5.4%) due to non-recurring items, such as 
provisions  related  to  the  termination  of  the 
investigation  of  non-compliance  with  U.S. 
authorities, and also related to the payment 
of benefits offered in the Voluntary Dismiss-
al  Program  (PDV,  in  Portuguese).  Excluding 
these factors, adjusted EBIT was R$1,700.5 
million and adjusted EBIT margin was 7.9%, 
in line with the company’s annual guidance.

Net income and earnings per share 
Adjusted  net  income,  excluding  deferred 
income  and  social  contribution  taxes  re-
lated  to  the  impact  of  exchange  variation 
on  non-monetary  assets,  and  also  the 
aforementioned  provisions,  was  R$964.9 
million.  Adjusted  earnings  per  share  were  
R$1,3179 for the year.

Capital indicators
In  2016,  the  company  had  a  negative  ad-
justed free cash flow of R$1,478.7 million, 
lower  than  the  positive  free  cash  flow  of 
R$1,391.7 million in 2015, mainly due to 
lower cash generation from operating activ-
ities, and also due to an increase in invest-
ments in property, plant and equipment as 
well as the development of new products.

31

STRATEGIC PLAN |G4-45| 
Embraer conducts its planning with a 15-year 
horizon, but attentive to external scenarios, 
the company promotes annual review cycles 
with  all  administrative  and  operational  de-
partments.  The  strategic  plan  is  approved 
by the Board of Directors, which evaluates it 
based on risk management, growth expecta-
tions and stakeholder demands. 
The  review  process  carried  out  in  2016 
considered  the  economic  moment  faced 
in  the  aerospace  and  defense  segments, 
which resulted in a decrease in the number 
of sales in the segment, especially in Exec-
utive  Aviation,  in  relation  to  the  last  eight 
years.  In  this  scenario,  Embraer  adjusted 
costs,  expenses  and  operations  –  essen-
tial adjustments to uphold the commitment 
to the goals set forth. 
During  the  year,  the  company  announced 
the  closure  of  Harpia  Sistemas  S.A  and 
Harbin  Embraer  Aircraft  Industry  Co.  joint 
venture  (HEAI)  and,  consequently,  the  ter-
mination of the manufacturing of the Lega-
cy 650 jets in China. |G4-13|

30

 
 
DELIVERY OF AIRCRAFT BY UNIT

2014

2015

2016

92

116

COMMERCIAL 
AVIATION

EXECUTIVE 
JETS

DEFENSE & 
SECURITY

20

101

120

COMMERCIAL 
AVIATION

EXECUTIVE 
JETS

DEFENSE & 
SECURITY

15

108

117

NET INCOME BY SEGMENT (%)

TOTAL
241 

2015

TOTAL
240 

2016

50

COMMERCIAL 
AVIATION

56

COMMERCIAL 
AVIATION

57

EXECUTIVE 
AVIATION

DEFENSE & 
SECURITY

29

14

EXECUTIVE 
AVIATION

DEFENSE & 
SECURITY

28

15

COMMERCIAL 
AVIATION

EXECUTIVE 
JETS

DEFENSE & 
SECURITY

7

TOTAL
215 

2014

25

23

COMMERCIAL 
AVIATION

EXECUTIVE 
AVIATION

DEFENSE & 
SECURITY

OTHERS

1

OTHERS

1

 (IN BILLIONS OF R$)

TOTAL 
14.94 

 (IN BILLIONS OF R$)

TOTAL
20.30

(IN BILLIONS OF R$)

TOTAL 
21.43

MAIN ECONOMIC-FINANCIAL INDICATORS

MILLIONS OF R$*

2016

Variation 
2016/2015

2015

2014

Net income

Gross margin

21,435.7

19.9%

Adjusted operating profit1 (EBIT)

1,700.5

Adjusted operating margin

Adjusted EBITDA2

Adjusted EBITDA margin

Net profit

Net margin

Investments3

Debt

Net cash (debt)

Total assets

Net equity

Net debt/equity*

ROA

ROE

ROCE4

Inventory

Inventory turnover*

Asset turnover*

Backlog of firm orders (billions in USD)

Delivery of aircraft (units)

Number of employees

EBIT per employee (in thousands of R$)

Distributed dividends

Profit per share1 (R$)

7.9%

2,844.2

13.3%

585.4

2.7%

12,458.8

12,254.0

(1,873.0)

38,016.7

12,844.9

1.0

1.6%

4.6%

0.2%

8,136.2

2.1

0.6

19.6

240

18,506

91.9

148.6

0.7959

Quantity of shares (thousand)1,5

735,571

6%

20,301.8

14,935.9

1.4 p.p.

14%

0.5 p.p.

16%

1.2 p.p.

142%

1.5 p.p.

(7%)

(11%)

(6,695%)

17%

(14%)

11%

1.1 p.p.

3.0 p.p.

(6.1 p.p.)

(10%)

17%

50%

(13%)

(4%)

19%

26%

141%

1%

18.5%

1,493.7

7.4%

2,450.6

12.1%

241.6

1.2%

13,409.1

13,785.7

28.4

45,566.9

15,008.7

0.9

0.5%

1.6%

6.3%

9,037.9

1.8

0.4

22.5

241

19,373

77.1

117.8

0.3309

730,205

19.8%

1,303.8

8.7%

1,980.7

13.3%

796.1

5.3%

8,731.2

6,662.0

(102.6)

27,653.6

10,265.4

0.6

2.9%

7.8%

11.6%

6,388.9

1.9

0.5

20.9

215

19,167

68.0

214.4

1.0851

733,677

Verified numbers are in compliance with the IFRS international accounting norm.
* Except Debt/Net Equity, Inventory Turnover, Asset Turnover, Profit per Share and Quantity of Shares. 
1. The ajusted term is used for amounts calculated excluding provisions relating to non-recurring items that impacted the result of 
the period. 2. Represents net profit plus net financial revenue (expenses), income tax and social contributions, depreciation and 
amortization,  minority  shareholding  and  equity  pickup.  3  Values  include  investments  in  Development,  CAPEX  and  Shareholding.  
4. ROCE = NOPAT/Shares employed with non-monetary items period average. 5. Weighted average of existing basic shares during 
the fiscal year, excluding shares acquired by the company and kept in the treasury.

32

Capital market 
The  shares  traded  on  the  BM&FBOVESPA 
(EMBR3) closed 2016 quoted at R$16.00. 
The  American  Depositary  Receipts  (ADRs) 
traded in New York (NYSE: ERJ) ended the 
year  quoted  at  US$19.25.  Embraer’s  mar-
ket value was US$3.6 billion at the end of 
the year (US$5.5 billion in 2015).

Value Added Statement (VAS)
Added  value  for  the  year  was  R$5,733.2 
million,  which  indicates  a  small  decrease 
of  2.94%  in  relation  to  what  was  recorded 
for  the  previous  year.  For  shareholders, 
Embraer  distributed  R$73.6  million 
in 
interest  on  capital  and  R$75.0  million  in 
dividends,  totaling  R$148.6  million,  with 
a  payout  of  25.4%  of  net  consolidated 
profit,  R$585.4  million.  Profit  per  share 
was R$0.7959. Emphasis should be given 
to  the  distribution  of  R$3,557.1  million  in 
value  to  employees  and  R$592.8  million 
to 
federal  and  municipal  governments 
in  the  form  of  taxes  and  contributions. 
See  more  information  in  the  financial 
statements  at:  http://ri.embraer.com.br/
listresultados.aspx?idCanal=dwxMd7dcHTw/
kwbNAc2ESQ==&linguagem=en#. |G4-EC1| 

Investment level confirmed
In 2016, the credit risk classification 
agencies Fitch Ratings and Standard 
& Poor’s (S&P) Ratings Services 
reiterated the BBB classification for 
Embraer. The same rating applies to 
securities issued abroad. 

Fitch also attributed a national 
long-term grade of AAA (BRA) and 
S&P removed the negative company 
classification in CreditWatch, a sign 
that credit ratings will be reevaluated.

BRAZIL

VAS CONSOLIDATED (IN R$ MILLIONS) |G4-EC1|

Revenue

2016

2015

2014

23,416.0

22,360.1

16,343.0

Inputs acquired from third-parties

(17,157.1)

(16,364.1)

(11,144.2)

Gross added value

Depreciation and amortization

Net added value produced by the entity

Received added value being transferred

Distribution of added value

Personnel

Government (taxes, rates and contributions)

Interest and rentals

JCP and dividends

Retained profit/losses from fiscal year

Shares of non-controllers

6,258.9

(1,265.6)

4,993.3

739.9

5,733.2

3,557.1

592.8

991.7

174.0

411.4

6.4

5,996.0

(1,073.4)

4,922.6

605.2

5,527.8

3,342.4

1,251.6

652.2

117.8

123.8

40.0

5,198.8

(676.8)

4,522.0

418.7

4,940.7

2,502.3

1,058.1

553.7

214.3

581.8

30.5

For more information, access the Annual Financial Statement at 
http://ri.embraer.com.br/Download.aspx?Arquivo=5QjXT9Bt2eaIHjlqenPhYg==.

33

The  company  ended  the  fiscal  year  with 
18,506 employees, 16,007 located in Bra-
zil and 2,499 located abroad. The turnover 
rate was 15.03% (see formation of operat-
ing team environment and the hiring rates in 
GRI Indicators). |G4-DMA: Employment, G4-10, G4-LA1|

ATTRACTION AND RETENTION
With  employees  from  more  than  20  coun-
tries,  respecting  differences  is  an  Embraer 
principle.  Embraer  also  invites  the  partici-
pation of people with special needs through 
the On the Path to Diversity program, in op-
eration since 2012, in partnership with the 
Center for the Integration of Businesses and 
Schools (CIEE, in Portuguese). |G4-DMA: Diversity 

and equility of opportunity, G4-LA12|
In  2016,  Embraer  started  its  first  trainee 
program. Through next year, those selected 
will be trained in the classroom and in op-
erations, and will cycle through various de-
partments in order to become familiarized 
with  challenges  inherent  to  a  global  com-
pany’s  daily  routine.  In  Brazil  alone,  more 
than 11 thousand young people expressed 
interest in the first 23 open positions. 

34

In  order  to  provide  direct  contact  with  uni-
versity  students,  the  company  is  also  es-
tablishing  partnerships  with  educational 
institutions,  such  as  the  Engineering  Spe-
cialization  Program  (PEE,  in  Portuguese), 
conducted by the Technological Institute of 
Aeronautics  (ITA,  in  Portuguese).  Students 
complete  a  professional  Master’s  curricu-
lum for Aeronautical Engineering and, upon 
completion of the course, they may be hired 
by Embraer. Another initiative is the Embraer 
Designer  Program  (PPE,  in  Portuguese),  in 
which participants are technically trained at 
the São Paulo College of Technology (FATEC, 
in  Portuguese),  and  work  as  interns  within 
the company. This year, US$1,278,805.96 
and US$626,077.18 were invested in these 
programs, respectively.
Retaining committed talent requires the de-
velopment of a work environment that stim-
ulates the upper mobility of positions. With 
this in mind, Embraer promotes the Internal 
Employment  Program  (API,  in  Portuguese), 
in which available positions are exclusively 
disclosed  to  employees  before  being  an-
nounced to the market. This makes vertical 
mobility (promotion) and horizontal mobility 
(changing departments) available for career 
planning.  In  2016,  36%  of  positions  open 
were filled by employees.

DEVELOPMENT AND TRAINING  
|G4-DMA: Training and education, G4-DMA: Investments|
Developing talents and preparing them to take 
on  positions  of  leadership  are  fundamental 
conditions to ensure the longevity of the busi-
ness. For this purpose, Embraer uses training 
programs that cover technical as well as be-
havioral  abilities.  Throughout  the  year,  more 
than 300 courses were offered, mostly online, 
with  the  support  of  videos,  tutorials,  games 
and infographics.
Training  for  leaders  and  future  leaders  is 
planned based on PSE guidelines (see page 
21),  with  emphasis  on  the  Embraer  Leader-
ship Development Program, which offers con-
tinued education, improvement for upward mo-
bility in careers and other measures focused 
on the Leadership, Business and Results, and 
Market axes. The initiative, developed in part-
nership  with  Dom  Cabral  Foundation,  gradu-
ated two classes in 2015 and four in 2016, 
which  represents  183  managers  trained  in 
Brazil and abroad.
Employee performance is analyzed periodical-
ly through a skill evaluation. This process was 
carried  out  between  April  and  June.  Results 
guide  the  Personal  Development  Program 
(PDI, in Portuguese) and make it possible for 
leaders to recommend the most appropriate 
courses to each of their employees. Another 
performance indicator is the automatic salary 
progression, geared to production employees 

35

at  the  beginning  of  their  careers,  which  pro-
vides for adjusting the compensation of those 
who receive positive evaluations. Leaders are 
evaluated based on 360° assessments, the 
Performance  Map  and  the  Calibration  Com-
mittee (see performance analysis and career 
development in GRI Indicators). |G4-LA11| 

Through  year  end,  the  company  invested 
R$14,298,941.00 in 625,416 total hours of 
training,  which  represents  34  hours  per  em-
ployee (see average number of training hours 
per year per employee, as well as the total num-
ber of employee training hours for human rights 
policies in GRI Indicators). |G4-LA9, G4-HR2|

INTERNAL COURSES AND PLANNING FOR PRE-RETIREMENT |G4-LA10|

Employees

Value invested (R$)

Grants awarded

2016

90

2015

90

2014

116

115,305.08*

80,000*

190,820

90

90

116

* The 2015 program ended in 2016. The 90 participants of the 2015 program are the same in 2016.

accordance  with  the  current  legislation  in 
each country. |G4-EC3, G4-LA2|

HEALTH AND SAFETY  
|G4-DMA: Workplace health and safety| 
Concern  with  employee  health  and  safety 
is  the  focus  of  the  Environmental,  Health 
and  Safety  Policy  (MASS,  in  Portuguese), 
which aims to ensure a work environment 
that complies with labor and environmental 
law,  in  addition  to  complying  with  health, 
safety and ergonomic requirements. 
The  initiatives  are  developed  based  on 
periodic medical exams (for all employees) 
in  order 
trace  each  department’s 
epidemiological profile. With this information 
the  company  developed  the  Behavioral 
Program, 
Tensional  Reeducation 
Training  Program  (PERTO,  in  Portuguese) 
and the Prevention through Design program. 

the 

to 

COMPENSATION AND BENEFITS  
|G4-DMA: Economic performance, G4-DMA: Market pres-

ence, G4-DMA: Employment|
Employees  receive  fixed  compensation, 
established  in  accordance  with  the  com-
plexity of their functions aligned with sala-
ries practiced on the market, and variable 
compensation,  based  on  company  results 
and  individual  performance  (see  variation 
of  the  proportion  of  the  lowest  salaries, 
gender  discrimination,  compared  to  local 
minimum wage in GRI Indicators). |G4-EC5|
Brazilian  employees  have  a  benefits  pack-
age and may participate in the Embraer Prev 
complementary  pension  plan.  Membership 
is  voluntary,  without  restrictions,  and  time 
of service is considered for withdrawal. Con-
tributors define a monthly value of up to 8% 
of their salary and the sponsor matches that 
amount. Abroad, benefits packages vary in 

36

and the quest for efficiency (see page 30), 
which  included  a  Voluntary  Dismissal  Pro-
gram (PDV, in Portuguese). All applications 
were  evaluated  by  the  company,  and  the 
1,463 people who were awarded received, 
in  addition  to  their  severance  pay,  com-
pensation  of  40%  of  the  nominal  monthly 
salary proportional to their time of service 
in the company, six months of health and 
dental plan coverage, and support through 
lectures  and  career  qualification  and/or 
transition workshops. |G4-LA10|
A  satisfaction  survey  was  conducted  with 
these employees, revealing that 85% of the 
respondents  expressed  their  gratitude  for 
the time they worked at Embraer. This data 
shows the respect with which the PDV was 
conducted and reaffirms the high satisfac-
tion rates recorded in surveys over the last 
seven years.
Every  year  between  2007  and  2015,  Em-
braer  conducted  an  Internal  Organizational 
Climate Survey, seeking to evaluate the de-
gree of employee satisfaction. Because it is 
often above the market average, the compa-
ny opted to improve practices in 2016, with 
a  biannual  engagement  survey,  which  will 
take place in 2017, for the first time.

Furthermore, emphasis is given to the Well-
Being program, which aims to encourage the 
practice of healthy habits among employees. 
The  Internal  Accident  Prevention  Com-
mittee  (CIPA,  in  Portuguese)  exists  since 
1971, and it is made up of representatives 
elected  annually  by  employees,  and  an 
equal  proportion  of  members  are  named 
by  the  company  (87.26%  representation), 
with the objective of ensuring safety in the 
operating environment. |G4-LA5|
The company is also in dialogue with unions 
regarding  terms  related  to  employee  health 
and safety. Clauses negotiated in collective 
conventions cover 100% of Brazilian employ-
ees and include: offering Personal Protective 
Equipment (PPE); training and education re-
garding this issue; complaint recording sys-
tem; and accident audits and periodic visits 
with  the  participation  of  employees’  repre-
sentatives. |G4-11, G4-LA8|
Internationally recognized certificates, such 
as the OHSAS 18001 (since 2001), accred-
it Embraer operations with regard to adopt-
ed  practices.  Incident  reduction  and  work 
condition improvement goals defined in the 
Master Sustainability Plan (see page 7) are 
supplemented  annually.  In  addition,  safety 
indicators are also monitored and analyzed 
monthly by the Board of Executive Officers 
and by the Board of Directors. 
For the year, the total number of accidents 
with lost time was 82, and the occupational 
sickness  rate  was  0.22%  (see  more  infor-
mation in GRI Indicators). |G4-LA6|

MANAGEMENT OF 
ORGANIZATIONAL CLIMATE
In  2016,  various  sector  companies  an-
nounced  cost  and  expense  adjustments, 
including  those  related  to  the  operating 
environment.  In  this  context,  Embraer  ap-
proved a plan for operational adjustments 
in continuity with the reviews of processes 

37

 
MANAGEMENT OF SUPPLY CHAIN 
|G4-DMA: Environmental evaluation of suppliers, G4-DMA: 

Evaluation of suppliers in labor practices, G4-DMA: Freedom 

of association and collective bargaining, G4-DMA: Child 

labor, G4-DMA: Forced or slave labor, G4-DMA: Evaluation of 

suppliers in human rights, G4-DMA: Evaluation of suppliers in 

societal impacts, G4-12|
Embraer’s supply chain is divided into 1,200 
direct  suppliers,  with  which  resources  are 
traded  for  the  manufacturing  of  products, 
and  3,000  indirect  suppliers,  who  support 
technical and administrative activities. The 
relationship with this public is guided by the 
Code of Ethics and Conduct (see page 18) 
and  goals  are  established  in  the  Master 
Sustainability Plan (see page 7).
Business  partners  are  subject  to  risk  as-
sessments  that  include  monthly  monitor-
ing  of  performance  indicators,  face-to-face 
audits at contractor companies’ plants and 
the  periodic  assessment  of  environmental 
impact  surveys.  In  addition,  all  contracts 
contain  clauses  regarding  human  rights 
and  labor  as  well  as  environmental  laws. 
This  year,  no  significant  negative  impacts 
were identified with regard to labor practic-
es in the supply chain. |G4-EN32, G4-EN33, G4-LA14,  

G4-LA15, G4-HR1, G4-HR4, G4-HR5, G4-HR6, G4-HR10, G4-SO9| 

38

EVOLUTION 
OF PDCA 
IN 2016

Increase of 12% for 
delivery volume and 
increase of 12.4% 
for billing.

Part numbers number
2014
2016  +10.1%

High risk suppliers
2014
2016  -83%

Direct employment
2014
2016  -2%

On-time deliveries
2014
2016  +7.7%
(97.2% of deliveries 
made on-time)

AERONAUTICS CHAIN 
DEVELOPMENT PROGRAM 
(PDCA, IN PORTUGUESE)
In  partnership  with  the  Brazilian  Industrial 
Development Agency (ABDI, in Portuguese), 
the  PDCA  seeks  to  improve  all  companies 
involved  in  the  direct  supply  of  industrial 
processes. The initiative was based on the 
Excellence  Management  Model  (MEG,  in 
Portuguese)  of  the  National  Quality  Foun-
dation  (FNQ,  in  Portuguese)  and  promoted 
significant improvements related to service, 
costs, quality and waste reduction.

EXCELLENCE IN  
MANAGEMENT PROGRAM 
(PEG, IN PORTUGUESE) 
An  initiative  that  aims  to  enable  indirect 
suppliers  to  continuously  pursue  excel-
lence, contributing to increased productivity 
and technical improvement. 
Companies – selected from risk mapping and 
cost reduction opportunities – participate in 
courses  on  lean  management  philosophy 
and  receive  guidance  for  kaizen  practices 
(continuous performance improvement).

EVOLUTION OF 
PEG IN 2016

3 classes 
trained

17 projects 
completed

14 goals 
defined

231 measures 
identified

32 hours of 
training

More than  
640 hours of 
kaizens

Reduction of 
169 days and 
9 hours of 
processes

Savings of 
R$12 million

1

IDENTIFICATION 
OF SUPPLIERS

2

THEORETICAL 
TRAINING

3

KAIZENS

4

PRESENTATION 
OF RESULTS

39

the Environment

SOCIO-ENVIRONMENTAL 
RESPONSIBILITY 
|G4-DMA: Energy, G4-DMA: Water, G4-DMA: Emissions,  

G4-DMA: Effluent and waste|
The  MASS  Policy  also  guides  Embraer’s  En-
vironmental actions, having among its princi-
ples respect for the environment, the pursuit 
of eco-efficiency and the management of the 
company’s products’ life cycle.

GREENHOUSE GASES (GHG)
Since  2012,  Embraer  has  been  a  signatory 
party  of  the  aerospace  industry’s  sustain-
ability  commitment  that  establishes  two 
of  the  industry’s  key  goals:  carbon  neutral 
growth by 2020 and a 50% reduction in net 
aviation  CO2  emissions  by  2050,  consider-
ing 2005 levels. Each year, Embraer disclos-
es  an  inventory  of  GHG  emissions  certified 
by  ISO  14064  and  audited  by  Lloyd’s  Reg-
ister  Quality  Assurance  (LRQA)  (see  emis-
sion  inventory  results  in  GRI  Indicators).  

|G4-EN15,  G4-EN16,  G4-EN17,  G4-EN18,  G4-EN19,  G4-EN20, 

G4-EN21|

Energy and water
In  2016,  energy  consumption 
totaled 
176,889 MWh, a higher value than in 2015, 
mainly  due  to  the  increase  of  installations 
and work forces in units of the United States 
and Portugal. A savings of 2,498 MWh/year 
was  also  recorded  due  to  initiatives,  such 
as  the  modernization  of  hangar  lighting  sys-
tems, installation of photovoltaic panels, and 
replacement of tubular fluorescent bulbs with 
LED lights. This year, the company also hired 
a consultancy in order to identify improvement 
opportunities  related  to  the  reduction  of  en-
ergy consumption at the Faria Lima, Eugênio 
de Melo, Taubaté and ELEB units (see more 
about energy consumption and its reductions 
in GRI Indicators). |G4-EN3, G4-EN6|

During the fiscal year the company consumed 
1,127,226  m³  of  water,  reusing  5%.  |G4-EN8, 

 G4-EN10|

Effluent and Waste
The company’s units discard their effluents in 
the public network, with the exception of Tau-
baté and Gavião Peixoto, Brazil, which discard 
effluents in the Boçoroca and Mulada streams, 
respectively.  This  is  possible  because  they 
have their own Sewage Treatment Plants (ETE, 
in  Portuguese),  and  the  Gavião  Peixoto  ETE 
stands  out  for  its  removal  of  nitrogen-based 
material  (ammonium,  nitrite,  nitrate)  and  the 
reuse of water. The volume discarded is less 
than the supporting capacity of the water bod-
ies  and  both  are  outside  the  Environmental 
Protected  Areas  (APA,  in  Portuguese)  (see 
water disposal broken down by treatment and 
destination in GRI Indicators). |G4-EN22|
Embraer waste management is carried out by 
third-party companies, specialized in process-
ing and decontaminating materials for reuse 
or  responsible  disposal  (see  total  weight  of 
generated waste and their destinations in GRI 
Indicators). |G4-EN23|

Sector partnerships |G4-15, G4-16|
Embraer  establishes  dialogs  with  associa-
tions,  entities,  multilateral  organizations  and 
voluntary  initiatives  in  order  to  contribute  to 
the formulation of public policies concerning 
the aerospace sector. These relationships are 
regulated  by  guidelines  stated  in  the  Code 
of Ethics and Conduct and monitored by the 
Compliance Program (see page 18).

This year, a topic that involved the sector concerned Brazilian Law No. 
258/2016, which instituted the modernization of the Brazilian Aero-
nautics Code. The current document is from 1986, prior to the current 
Brazilian Constitution, the Consumer Defense Code, the new Civil Code 
and the National Civil Aviation Agency. This is an important debate tak-
ing place in Brazil’s Senate. The Brazilian Aerospace Industries Associ-
ation (AIAB, in Portuguese), in which the company participates on the 
Board of Executive Officers, was a member of the expert committee 
that analyzed this reform. 
Embraer has also been attentive to discussions about easing sanc-
tions  on  Iran,  allowing  the  sale  of  commercial  aircraft  under  license 
from the Office of Foreign Assets Control (OFAC) of the U.S. Treasury 
Department, and on the change of European law to allow the transfer 
of data between Brazil and the U.S.
The company also favored setting limits for state support in the de-
velopment and maintenance of aeronautical projects. During the year, 
Brazil appealed to the World Trade Organization (WTO) against subsi-
dies granted by the province of Quebec (Canada) for the development 
of the Canadian C Series commercial aircraft model, a direct rival of the 
E-Jets, which aggravated the price dispute in commercial aviation. This 
is a sensitive issue to maintain a level playing field. 
After  six  years  of  negotiations  between  governments,  environmental 
groups and members of the aviation industry, including Embraer, the 
International Civil Aviation Organization (ICAO) introduced the first stan-
dard for certification of CO2 emissions in aviation. The standard seeks 
to promote the reduction of CO2 emissions from aircraft, encouraging 
the integration of fuel-efficient technologies in the design and devel-
opment of aircraft. The CO2 standard will be applied to all new aircraft 
models launched after 2020 and also, progressively, to all aircraft in 
use starting in 2023, even if designed and launched before 2020.
During  the  ICAO  October  meeting,  the  191  member  countries  also 
agreed to implement a  Carbon Offset and Reduction Scheme for Inter-
national Aviation (CORSIA). The agreement will add to other industry ef-
forts to address climate change (see Embraer’s participation in nation-
al and international associations and organizations in GRI Indicators). 

LETTERS, PRINCIPLES AND OTHER EXTERNALLY DEVELOPED INITIATIVES |G4-15|

Name

Date of 
adoption

UN Global Compact

Initiative Towards sustAinable  
Kerosene for Aviation (ITAKA)

Friends of Rio+20

Commitment to reducing GHG  
emissions in aviation (ICAO/ATAG)

Call to Action

Bio-fuel research center

EcoDemonstrator

2008

2012

2012

2012

2014

2015

2016

Scope

Global

Global

Global

Global

Stakeholders involved

Suppliers, manufacturers, transportation com-
panies and organizations from different sectors

Suppliers, manufacturers, transportation com-
panies and aerospace sector organizations

Organizations from various sectors

Suppliers, manufacturers, transportation compa-
nies and organizations from the aerospace sector

Global

Suppliers, manufacturers, transportation com-
panies and organizations from different sectors

Brazil (with world 
impact potential)

Technology test for improving 
environmental performance of product

Partnership with Boeing

Partnership with Boeing

EMBRAER INSTITUTE |G4-DMA: Indirect economic impacts, G4-DMA: Local communities, G4-EC7, G4-EC8, G4-SO1|
The Embraer Institute for Education and Research, which celebrated 15 years of operations in 2016, was created in order 
to manage Embraer’s social private investment in programs focused on education. The initiatives are based on three 
fronts of action: education, engagement with society and preserving the memory of the Brazilian aeronautical industry. 
During the fiscal year, in order to encourage good practices, Embraer – through the Embraer institute – embraced four 
Sustainable Development Goals, established by the United Nations (UN). Learn more at www.institutoembraer.org.br.

15 YEARS  
OF SOCIAL 
TRANSFORMATION

R$20 
MILLION
INVESTED 
DURING THE 
FISCAL YEAR

ENGAGEMENT WITH SOCIETY
Social  Partnership  |  The  Social  Partnership  Program  sup-
ports educational projects structured by civil organizations. 
In  building  its  thematic  agenda,  the  Embraer  Institute  pro-
motes public consultations based on the Sustainable Devel-
opment Objectives (SDGs) agenda.
Volunteering  |  The  Embraer  Institute  coordinates  initiatives 
focused on disseminating a volunteering culture among em-
ployees  of  the  company,  and  establishes  partnerships  with 
public and private entities aiming to intensify volunteerism in 
activities that comply with Embraer values.

MORE THAN 
150
PROJECTS 
SUPPORTED 
SINCE 
2004
793

EMPLOYEES
ENGAGED 
2016
IN 

PRESERVING MEMORY
Embraer Historical Center |  Created in 2006 and incorporated into the 
Institute in 2014, it is responsible for rescuing, preserving and disclosing 
the memory of the Brazilian aeronautical industry in four exhibition spaces 
– São José dos Campos (SP), Gavião Peixoto (SP), Villepinte (France) and 
Fort Lauderdale (EUA) – and on the website http://institutoembraer.org.br/
centrohistoricoembraer. In 2016, the virtual exhibition Women in Aviation 
was  held,  in  line  with  the  fifth  UN  Sustainable  Development  Objective 
(Gender Equality). See https://goo.gl/EQWdyL.
Guided tours | Launched in 2015 as an experiment, the initiative opens 
the  São  José  dos  Campos  unit’s  doors  to  the  community.  In  addition 
to bringing the unit closer to the community, the program rescues the 
company’s  history  and  involves  employees  who  work  as  guides  during 
the visits.
A Flight for Embraer | At the end of 2015 and at the beginning of 2016, 
the Catavento Cultural Museum, in São Paulo, held a thematic exhibition 
on Aviation Technology, which had an Embraer Institute collection, including 
a life size passenger cabin.

119,000

VISITED THE  
A FLIGHT  
FOR EMBRAER 
EXHIBITION  
AT THE CATAVENTO 
CULTURAL MUSEUM 

42

EDUCATION
Embraer  High  Schools  |  Embraer’s  Juarez  Wanderley 
and Casimiro Montenegro Filho High Schools, located 
in  São  José  dos  Campos  and  Botucatu,  respectively, 
offer three years of education (a full high school term) 
at  no  cost,  for  students  from  the  public  school  sys-
tem.  In  addition  to  the  full  scholarship,  Embraer  High 
Schools also provide uniforms, teaching materials, food 
and  transportation.  Their  applied  educational  method 
focuses on academic excellence and professional ori-
entation,  through  socio-environmental  and  cultural  ed-
ucation, and is a key factor in achieving high approval 
rates in public and private university entrance exams. 
For  2016,  the  two  high  schools  were  listed  among 
the best schools in Brazil, based on the results of the 
National  Secondary  Education  Exam  (ENEM,  in  Portu-
guese). Juarez Wanderley College also won the first four 
positions in the Intelligence Olympics, organized by the 
Multiple Intelligences Assessment (AMI, in Portuguese) 
and by the Commercial and Industrial Association (ACI, 
in Portuguese) in São José dos Campos.

Scholarship Fund | Program for alumni of the Embraer 
High  Schools  who  had  excellent  academic  perfor-
mance,  financial  limitations  and  who  have  been  ac-
cepted into public or private universities with full tuition 
waiver. The fund is made up of donations from individ-
uals, among them employees, as well as companies 
and organizations. Supporting the sustainability of the 
program, former students also become donors, once 
they find a place in the job market, and a grace period 
comes to an end. In 2016, the initiative benefited 271 
university students.

Entrepreneurship | The Embraer Institute carries out 
initiatives  in  order  to  stimulate  the  entrepreneurial 
spirit in students of the public system in the areas 
where the company is  present. Noteworthy, among 
the  highlights  of  2016,  are  the  various  awards  re-
ceived by the MiniCompany Program, coordinated in 
partnership with the Junior Achievement organization 
of the State of São Paulo, including the Best Mini-
Company award in the Social Responsibility category.

i e d ade

e m e n t
c
o

o

V

o

d

g

a

sformatio n
ção social
ento co m   a   s
unity e n g

m
m
m
aja
o
C
g
n
E

a
n
m
a
r
r
o
t
f
l
s
a
n
c
a
o

i

r

S
T

P

r

e

M

Parceria
Social 
Partnership
Social

a 
m
G uid e d
Pro gra
Visita s 
 to urs
G uia d a s

s

e

e

m

r

v
o
a
r

r
e
o
a
r
t
r
n
b
e
m
C
E

l
o
a
c
c
i
i
r
r
ó
o
t
t
s
s
i
i
H
H

r
e
r
e
a
t
r
n
b
e
m
C
E

ç

ã

y preservation
o da memór i a

l

a

u

i

r

n

a

t

t

e

n

e

u

r

i

l

n

o

g

V

 High Schools
Embraer
Colégios
Embraer

E

E

d
d

u
u

c
c

Scholarship
Fundos 
de Bolsas
 fund

i

t

a
a
ç
ã
o
o
n

E

E

m

n

p

t
r
r

e
e

e
p

r

n

e

d

n

e

e

d

u

o

ri
ri

s
s

m

m

o

G
G
e
n
e
e
r
a
r
a
ç
ã
tio

o de valor
n of value

271
UNIVERSITY 
STUDENTS 
BENEFITTED
IN THE YEAR
2,840

STUDENTS 
GRADUATED  
SINCE THE CREATION 
OF THE INSTITUTE

MORE  
THAN 80%

GRADUATING STUDENTS
APPROVED IN 
PUBLIC AND 
PRIVATE UNIVERSITIES 

43

 
GRI INDICATORS

Location of the organization’s headquarters |G4-5|
Avenida Brigadeiro Faria Lima, 2,170 – Putim, São José dos Campos – SP.

Employee profile |G4-10|

BY FUNCTIONAL LEVEL

Board of Executive Officers1

Manager

Supervisor

Pilot

Engineer

Professional

Technical

Administrative

Operational

20163

Women

9

45

82

0

547

1,036

332

319

540

Men

82

269

638

93

3,603

1,487

2,912

435

6,077

20153

Women

9

40

75

0

586

965

300

377

599

Men

73

235

678

102

3,783

1,300

3,168

480

6,603

20142

Women

8

43

81

0

576

961

277

386

589

Men

79

234

726

106

3,708

1,271

3,013

490

6,619

Total by gender

15,596

2,910

16,422

2,951

16,246

2,921

Total

BY TYPE OF CONTRACT

Determined time

Undetermined time

Total by gender

Total

BY WORK DAY

Full work day

Half period

Total by gender

Total

BY COUNTRY 

Brazil

China

USA

France

Netherlands

Ireland

Portugal

Singapore

18,506

20163

18,506

20163

18,506

20163

Men

306

15,290

15,596

Men

15,580

16

15,596

Men

13,540

46

1,479

93

75

0

324

39

Women

70

2,840

2,910

Women

2,905

5

2,910

Women

2,467

21

284

19

19

0

83

17

19,373

20153

19,373

20153

19,373

20153

Men

217

16,205

16,422

Men

16,403

19

16,422

Men

14,488

48

1,406

89

56

0

294

41

Women

89

2,862

2,951

Women

2,945

6

2,951

Women

2,519

26

262

19

10

1

97

17

19,167

20142

19,167

20142

19,167

20142

Men

226

16,020

16,246

Men

16,219

27

16,246

Men

14,571

43

1,189

187

4

2

209

41

Women

67

2,854

2,921

Women

2,916

5

2,921

Women

2,523

27

221

75

1

1

57

16

Total by gender

15,596

2,910

16,422

2,951

16,246

2,921

Total

18,506

19,373

19,167

44

BY WORKFORCE

Direct employees

Third-parties4

Total

20163

20153

2014

Men

13,108

Women

2,328

Men

14,488

Women

2,519

Men

16,246

Women

2,921

4,355

19,791

3,935

20,942

0

19,167

1. Includes director-president, vice-presidents and executive officers. 2. In previous years, the count for Brazil was notated by region in the country. Starting in 2015, the counts 
came to be notated by country. 3. Numbers referring to sites in Brazil. 4. The system used for handling third-parties does not allow for a breakdown by gender.

Participation in national or international associations and organizations1 |G4-16|
NATIONAL AGENDA

Seat on the 
Board  
of Governance

Participation  
in projects/ 
commissions

Strategic  
participation

Is there resource 
allocation beyond 
the registration/
association fee?

Brazilian Association of Public Companies (Abrasca, 
in Portuguese)

Brazilian Association of Industries for Defense and 
Security Materials (ABIMDE, in Portuguese)

Brazilian Association of General Aviation  
(ABAG, in Portuguese)

Brazilian Association of Mechanical  
Sciences (ABCM, in Portuguese)

Aerospace Industries Association  
of Brazil (AIAB, in Portuguese)

Foreign Trade Association of Brazil  
(AEB, in Portuguese)

Technology Park of São José  
dos Campos Association

National Association for Research  
and Development of Innovative  
Companies (ANPEI, in Portuguese)

Center for Competitiveness and Innovation of the Eastern 
Region of the State of São Paulo (CECOMPI, in Portuguese)

National Confederation of Industry  
(CNI, in Portuguese)2

Federation of Industries of the State 
of São Paulo (Fiesp, in Portuguese)

Brazilian Institute of Corporate  
Governance (IBGC, in Portuguese)

Industrial Enterprise Development Institute  
(IEDI, in Portuguese)

Brazilian National Confederation of Industry  
(MEI, in Portuguese)

INTERNATIONAL AGENDA

Aerospace Industries 
Association (AIA)

Air Transport Action 
Group (ATAG)

Aviation Working Group (AWG)

Yes

Yes

Yes

No

Yes

Yes

No

Yes

Yes

No

Yes

No

Yes

No

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

No

No

No

No

No

No

No

No

No

No

No

No

No

No

Seat on the 
Board  
of Governance

Participation in  
projects/com-
missions

Strategic partici-
pation

Is there resource 
allocation beyond 
the registration/
association fee?

No

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

No

No

No

Brazil Industries Coalition (BIC)

American Chamber of  
Commerce (Amcham)

Portuguese Chamber of Commerce  
in Brazil (CPCB, in Portuguese)

Brazilian Center for International  
Relations (CEBRI, in Portuguese)

Brazil-China Corporate Council  
(CEBC, in Portuguese)

Brazil-United States Corporate  
Council (CEBEU, in Portuguese)

European Policy Center (EPC)

Global Compact Foundation

Foreign Trade Study Center  
Foundation (Funcex, in Portuguese)

General Aviation Manufacturers  
Association (Gama)

International Aerospace  
Environmental Group (Iaeg)

National Aeronautic 
Association (NAA)

United States Chamber of Commerce  
(US Chamber)

World Economic Forum (WEF)

Yes

Yes

Yes

Yes

Yes

Yes

No

No

Yes

No

No

Yes

No

No

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

No

No

No

No

No

No

No

No

No

No

No

No

No

No

1. The list does not present the totality of associations in which Embraer participates. However, the most strategic ones were listed. 2. Associative participation 
through the Fiesp system.

Limit of material aspect inside and outside of the organization

Material matters

Material aspects  
|G4-19|

Indicators

Economic performance

Market presence

Indirect economic impacts

Energy

Water

G4-EC1
G4-EC2 
G4-EC3

G4-EC5

G4-EC7
G4-EC8

G4-EN3
G4-EN5
G4-EN6
G4-EN7

G4-EN8
G4-EN9
G4-EN10

Export control

Attraction, development and 
retention of human resources

Attraction, development and 
retention of human resources

Local socio-economic 
development

Management of natural 
resources and waste

Sustainable new business, 
products and services

Research, development 
and innovation

Management of natural 
resources and waste

46

Aspect limit in  
the organization  
|G4-20, G4-21|

Inside

Outside

X

X

X

X

X

X

X

X

|G4-19|

|G4-20, G4-21|

Atmospheric emissions

Emissions

Management of natural  
resources and waste 

Management of  
chemical substances

Management of  
chemical substances

Effluent and waste

Management of the product’s 
environmental life cycle

Products and services

Management of supply chain

Transparency and 
communication

Attraction, development and 
retention of human resources

Human and labor rights

Environmental evaluation 
of suppliers

System for complaints and 
claims relating to  
environmental impacts

Employment

Employee health and safety

Work health and safety

Attraction, development and 
retention of human resources

Management of supply chain

Transparency and 
communication

Training and education

Diversity and equality  
of opportunity

Evaluation of suppliers for 
labor practices

System for complaints 
and claims relating to 
labor practices

Investments

Human and labor rights

No discrimination

Freedom of association and 
collective bargaining

Child labor

Management of supply chain

Forced or slave labor

Evaluation of suppliers for 
human rights

Transparency and communication

System for complaints

Local socio-economic 
development

Local communities

G4-EN15
G4-EN16
G4-EN17
G4-EN18
G4-EN19
G4-EN20
G4-EN21

G4-EN22
G4-EN23
G4-EN24

G4-EN27

G4-EN32
G4-EN33

G4-EN34

G4-LA1
G4-LA2

G4-LA5
G4-LA6
G4-LA7
G4-LA8

G4-LA9
G4-LA10
G4-LA11

G4-LA12

G4-LA14
G4-LA15

G4-LA16

G4-HR1
G4-HR2

G4-HR3

G4-HR4

G4-HR5

G4-HR6

G4-HR10

G4-HR12

G4-SO1

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

47

|G4-19|

|G4-20, G4-21|

|G4-26, G4-37|

Ethics

Fighting corruption

Management of supply chain

Transparency and 
communication

Evaluation of suppliers for 
societal impacts

System for complaints 
and claims relating to 
societal impacts

Product safety

Labeling products and services

G4-SO3
G4-SO4
G4-SO5

G4-SO9

G4-SO11

G4-PR5

X

X

X

X

X

X

X

X

Date of the most recent report |G4-29|
The previous version of this annual report was published in April 2016, referring to the fiscal year of 2015.

Approach and frequency of stakeholder engagement and consultation processes between 
stakeholders and the highest governance body in relation to economic, environmental and 
social topics |G4-26, G4-37|

Stakeholders

Approach

Responsible parties

Frequency

Embraer Operators Conference 
– EOC and Embraer Executive 
Operators Conference – EEOC 
for discussion of matters rela-
ting to aircraft (maintenance, 
operation and field items).

Customer Support

Annual

Customers

Kaizens to improve Embraer’s 
interaction with customers.

Customer Support

Continuous/Depending
 on demands

Studies to develop or
 improve products.

Market Intelligence, Customer 
Support and Engineering

Continuous/Depending 
on demands

Customer satisfaction surveys.

Customer Support

Annual

Aeronautical fairs for presen-
ting and selling products.

Embraer Suppliers Conference 
(ESC) for strategic alignment 
and awarding the year’s
 best suppliers.

Supply Chain Alignment (SCA) 
and Supply Chain Quality Alig-
nment (SQA) for strategic and 
operational alignment.

Executive Meeting for following 
action plan indicators.

Customer Support Meeting 
(CSM) dedicated to post-sales 
for discussing technical and 
commercial matters.

Program Review Meeting (PRM) 
for technical/operational 
surveillance of development 
activities for series and post 
sales programs.

Sales

In accordance 
with global calendar

Executive-Administration

Annual

Program managers and  
directors and department of 
Supplier Quality

Annual

Executive-Administration

Quarterly

Executive-Administration

Quarterly

Program directors 
and managers

Biannual

Suppliers

48

Shareholder assembly.

Legal Vice-President

In accordance with the 
rules for calling a meeting 
detailed in the Bylaws

Shareholders

Investor Relations Site.

Administration of 
Investor Relations

Embraer Day for presenting re-
sults and relevant information.

Administration of 
Investor Relations

Meetings with the 
Ministry of Labor.

Management of Workplace Safety, 
Occupational Health 
and Environment

Meetings with CETESB, Sani-
tary Surveillance, Federal/Sta-
te Police, Ministry of Defense, 
mayors, municipal secretaries 
of education, class 
entities and Brazilian 
business associations.

Participation in international 
forums and organizations 
(WEF, ATAG, IATA, ICAO, UNDP, 
Global Compact, OMC, AWG, 
among others).

Management of Corporate  
Sustainability and Management 
of Workplace Safety, Occupational 
Health and Environment

Administration of External  
Relations and Managing  
Corporate Sustainability

Society

Meetings with federal and state 
governments, mayors' administra-
tions and governmental agencies.

Administration of External  
Relations and Managing  
Corporate Sustainability

Continuous

Biannual

Bimonthly

Continuous

Continuous

Continuous

Blog of the Director-President.

Presidency

Continuous

Cycle of Values – events bet-
ween leaders and employees 
for sharing Embraer Values.

Administration of Brand  
Management and Internal 
Communications

Bimonthly

Leaders and employees

At least each trimester

Meetings to follow up on PA/
PMS and alignment 
each semester.

Climate survey and meetings 
between leaders and employees.

Leaders

Helpline.

Compliance Board

Message to managers.

Administration of Brand Manage-
ment and Internal Communications

Continuous

Continuous

Continuous

Measurements taken to develop and improve awareness of the highest governing body 
regarding economic, environmental and social topics |G4-43|

Measurements

Body

Economic

Environmental

Social

Lecture on shareholder activism

Board of Directors

Presentation on environmental matters 
at company sites

Board of Directors

Presentation from the Embraer Institute of 
Education and Research (IEEP, in Portuguese)

Annual compliance training

Presentation from the Committee 
of Financial Management

Presentation of work from the Committee 
of Control and Environmental Risks 
(CCRA, in Portuguese)

Presentation of work from Committee
of Sustainability

Presentation from the Committee of Ethics

Anti-trust training

Board of Directors

Board of Directors

Board of
 Executive Officers

Board of 
Executive Officers

Board of 
Executive Officers

Board of 
Executive Officers

Board of 
Executive Officers

X

X

X

X

X

X

X

X

X

X

Highest level body or position that formally analyzes and approves the sustainability report for the 
organization and ensures that all material matters are covered |G4-48|
President-Director.

Process adopted to communicate critical concerns to the highest level governing body |G4-49| 
The company’s Board of Executive Officers and Board of Directors’ Advisory Committees communicate critical company 
concerns where BD ordinary meetings take place or, if necessary, they request Extraordinary meetings.

Variation of the proportion of the lowest wage, separated by gender, compared to the local minimum 
wage at important operational sites |G4-EC5|

Country

Gender

Reference

Ratio (%)

Brazil (BRL)1

United States (USD)2

Portugal (EUR)3

France (EUR)4

2014

2015

2016

Men

1,337.60

1,339.80

1,502.80

Women

1,337.60

1,470.55

1,470.55

Men

1,733.33

1,733.33

2,142.40

Women

2,080.00

2,080.00

2,102.53

Men

700.00

700.00

Women

700.00

700.00

700.00

700.00

Men

1,891.99

1,891.99

1,851.39

Women

1,891.99

1,513.59

1,556.80

880.00

1,395.33

530.00

1,466.62 

171

167

154

151

132

132

126

106

1. Minimum wage in Brazil. The salary floor follows of the union category. 2. Minimum wage in the state of Florida. 3. Minimum wage in Portugal. 4. Minimum 
wage in France. Important operational sites are those in which Embraer is present have that have a significant quantity of staff. The following countries’ offices 
were not considered: Singapore, China and Netherlands.

Consumption of electrical energy by unit (MWh) |G4-EN3|

2014

64,210

17,444

Unavailable

14,710

14,210

Unavailable

10,775

Unavailable

4,830

Unavailable

Unavailable

Unavailable

2015

65,864

17,291

14,218

13,707

13,443

12,929

10,959

8,147

4,031

3,626

2,180

900

2016

62,472

15,683

16,021

15,320

15,601

13,326

10,987

13,299

4,264

4,853

3,232

925

Faria Lima

Botucatu

Évora

Eugênio de Melo

Gavião Peixoto

OGMA

ELEB

Melbourne

Taubaté

Nashville

Fort Lauderdale

Sorocaba

50

Harbin* 

Belo Horizonte

Beijing

São Paulo

Total

Unavailable

Unavailable

Unavailable

Unavailable

126,179

830

636

179

Unavailable

168,940

0

612

183

111

176,889

* In 2016, electrical energy consumed at the São Paulo office was included and the Harbin unit, in China, was excluded, due to closing of operations.

Consumption of energy within the organization |G4-EN3|

Type of fuel (non renewable)

Total consumption (MWh)

Diesel

Gasoline

Liquefied Petroleum Gas (LPG)

Natural gas

Aviation kerosene

Total

736

319

12,087

31,805

102,113

147,060

Consumed non-renewable fuel values include the consumption in sites certified in ISO 14064 – Part 1 referring 
to Scope 1 (SKJ, EGM, TTE, ELEB, BOT, GPX, BHZ, SOD and SPO). Therefore, consumption referring to Embraer 
sites abroad were not considered.

Type of fuel (renewable) 

Total consumption (MWh)

Hydrous ethanol

Total

83

83

Consumed renewable fuel values include the consumption in sites certified in ISO 14064 – Part 1 referring to 
Scope 1 (SKJ, EGM, TTE, ELEB, BOT, GPX, BHZ, SOD and SPO). Therefore, consumption referring to Embraer sites 
abroad were not considered.

Quantities of acquired heating, refrigeration and steam not significant.

Energetic intensity |G4-EN5|
The  indicator  of  energetic  intensity  covers  electrical  energy  consumed  during  the  year  for  the  manufacturing  of 
aircraft. Due to the various models of plane manufactured by Embraer, the term equivalent aircraft was created, a 
number calculated from the plane model and the work hours required for its manufacture. In 2016, 249 equivalent 
aircraft were produced. Considering the consumption of electrical energy in manufacturing plants in Brazil in 2016, 
the energetic intensity indicator was 500 MWh for each equivalent aircraft produced, a value 10% lower when com-
pared to that in 2015. With relation to the performance of all sites reported for this indicator, the energetic intensity 
of Embraer S.A. sites was 711 MWh per equivalent aircraft, a value 4% lower than that reached in 2015.

51

Reduction of energy consumption |G4-EN6|

Total of water removed by source |G4-EN8|

Project title

Economy in the year (kWh)

Water sources

Unit

Gavião Peixoto

Faria Lima

Eugênio de Melo

Botucatu

Total

Modernization of the hangar illumination system – G-1340

Modernization of the hangar illumination system – G-1560

Modernization of the hangar illumination system – G-1350

Modernization of the hangar illumination system – G-1360

Modernization of the hangar illumination system – G-1362

Modernization of the hangar illumination system – G-1550

Installation of photovoltaic panels

Patio F 51/57

Patio F 231

LED lighting – F-30/2

Hangar F30/1

LED lighting – F-51/57

LED lighting – external (layout)

LED lighting – F-101

LED lighting – F-113

LED lighting – F-77

LED lighting – F-50

LED lighting – F-66

LED lighting – E-501

LED lighting – external areas – layout

Replacement of tubular fluorescent lights with LED lights –  
B01 and B12

Installation of photovoltaic lighting posts

Project of compressed gas economy

173,184.00

69,264.00

221,400.00

173,952.00

112,788.00

304,920.00

3,352.00

5,280.00

35,868.00

75,200.00

41,040.00

15,010.00

136,800.00

26,400.00

116,160.00

80,256.00

60,192.00

170,544.00

394,896.00

31,200.00

9,348.00

6,480.00

235,247

2,498,780.61

For  lighting  projects,  the  avoided  consumption  was  estimated  using  the  old  and  new  lighting  powers  and  the 
operational time in each hangar where the exchange took place.

For the photovoltaic energy generation project the avoided energy was estimated based on the power of installed 
photovoltaic panels and the solar incidence in the region.

For the compressed gas economy project in Botucatu, gas economy was estimated based on energy used before 
and after implementation thereof, in which habit changes were encouraged, such as turning off compressors in 
the early morning and on weekends.

52

Quantity (m³)

2014

2015

2016

647,616

616,545

563,845

-

-

60,315

Underground water

Effluent from other organizations

Municipal supply of water or other water supplying companies

115,737

344,268

 503,066

Total volume of removed water

763,353

960,813

1,127,226

The SJK, EGM and GPX sites are supplied with underground water captured in the area of the company. The ELEB, 
Taubaté, Botucatu, Belo Horizonte and Sorocaba sites in Brazil and the Évora, OGMA, Fort Lauderdale, Nashville, 
Melbourne and Beijing sites abroad use municipally supplied water or other water supplying companies. As of 
2016, we began to report the volume of effluent treated for reuse from the water company of the municipality of 
Melbourne. The Harbin unit ceased operations at the start of 2016 and information referring to this unit is not 
included in the report. Values reported were obtained using direct measurements.

Water sources significantly effected by removal of water |G4-EN9|
We add that there are no sources significantly effected by our operations.

Total percentage and volume of recycled and reused water |G4-EN10|

Site

SJK

EGM

TTE

ELEB

GPX

BOT

EVO

FLL

BNA

MLB

BJS

BHZ

OGMA

SOD

Embraer Brasil

Embraer S.A.

Total of used water (m³)

Total of recycled and 
reused water (m³)

Percentage of 
recycled water

2016

362,813

143,113

26,464

56,106

69,000

89,316

82,617

29,560

1,980

71,283

2,213

4,760

239,078

2,050

753,622

1,180,353

5,280

0

7,454

29,952

5,801

0

1,800

0

0

0

0

0

2,840

0

48,487

53,127

1

0

28

53

8

0

2

0

0

0

0

0

1

0

6

5

53

The values of recycled and reused water were estimated according to the consumption of the equipment that 
uses recycled and reused water, as well as according to the volume of the reservoir in which it is stored.

Biogenic Emissions (tCO2e) Scope 1

The total amount of used water is the sum of water consumed (G4-EN8) and recycled and reused water.

G4-DMA: Emissions
Embraer uses the approach of operational control, including operational unit emissions and activities which the 
company controls in the inventory. The reported greenhouse gas emissions cover the SJK, EGM, TTE, ELEB, GPX, 
BOT, BHZ, SOD and SPO sites. The emission factors used in the calculations are attached. Referenced used were:

• 

IPCC 2006, 2006 IPCC Guidelines for National Greenhouse Gas Inventories, Prepared by the National Gre-
enhouse Gas Inventories Programme, Eggleston H.S., Buendia L., Miwa K., Ngara T. and Tanabe K. (eds). 
Published: IGES, Japan. www.ipcc-nggip.iges.or.jp/public/2006gl.

•  National Energetic Balance 2015: Base year 2014/Energy Research Company – Rio de Janeiro: EPE, 2015. 

https://ben.epe.gov.br/downloads/Relatorio_Final_BEN_2015.pdf.

•  GHG Protocol Brazilian Program. Calculation Tool, 2016 Cycle. www.ghgprotocolbrasil.com.br/ferramenta-de-calculo.

•  Ministry of Science, Technology and Innovation (MCTI, in Portuguese). Factors of the CO2 emissions from 
electrical  energy  generation  from  Brazil’s  National  Interconnected  System.  Accessed  on:  Jan.  30,  2016. 
http://www.mctic.gov.br/mctic/opencms/textogeral/emissao_corporativos.html.

Direct emission of greenhouse gases (GHG) (Scope 1) |G4-EN15|

Scope 1 Emissions

GHG

CO2 (tCO2e)

CH4 (tCO2e)

N2O (tCO2e)

HFC (tCO2e)

PFC (tCO2e)

SF6 (tCO2e)

Total

2014

27,396.26

399.19

166.86

2,217.17

0

0

2015

28,164.26

11.68

171.43

3,053.97

0

0

2016

35,704.63

10.79

239.76

2,105.83

0

0

30,179.48

31,401.34

38,061.01

54

2014

84.8

2015

64.81

2016

48.11

Indirect emission of greenhouse gases (GHG) resulting from the acquisition of energy (Scope 2)
|G4-EN16|

Scope 2 Emissions

GHG

CO2 (tCO2e)

CH4 (tCO2e)

N2O (tCO2e)

HFC (tCO2e)

PFC (tCO2e)

SF6 (tCO2e)

Total

Biogenic Emissions Scope 2

2014

0

2014

16,905.26

2015

15,699.16

2016

10,217.33

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

16,905.26

15,699.16

10,217.33

2015

0

2016

0

Other indirect emissions of greenhouse gases (GHG) (Scope 3) |G4-EN17|

Scope 3 Emissions

GHG

CO2 (tCO2e)

CH4 (tCO2e)

N2O (tCO2e)

HFC (tCO2e)

PFC (tCO2e)

SF6 (tCO2e)

Total

2014

29,847.30

1,776.41

250.08

0

0

0

2015

31,979.47

1,862.90

278.61

0

0

0

2016

26,185.27

1,250.07

381.18

0

0

0

31,873.78

34,120.98

27,816.52

Biogenic Emissions Scope 3 (tCO2e)

2014

1,156.98

2015

1,086.24

2016

1,348.55

55

 
Intensity of emissions of greenhouse gases (GHG) |G4-EN18|
Embraer calculates its greenhouse gas intensity indicator by adding the emissions from Scopes 1 and 2 accor-
ding to the company’s net revenue. The company’s reduction goal is 3% during 2017, using 2013 as a reference. 
Considered in this indicator: Scope 1 emissions referring to: fugitive emissions; burning of different aeronauti-
cal kerosene fuels (QAV, in Portuguese); and burning of QAV in production flights (current portfolio aircraft). Not 
considered: development flight emissions and certification of new products, as well as the Defense and Security 
Business Unit’s aircraft. In this way, the 2016 indicator showed 19% reduction with relation to the year of 2013.

Reduction of emissions of greenhouse gas (GHG) |G4-EN19|

Reduction of emissions of greenhouse gas (GHG)

Weight (tCO2e)

Redesigning processes – Scope 1

Conversion and modernization of equipment – Scope 2

Conversion and modernization of equipment – Scope 1

Changes in the behavior of employees

Total emissions avoided

2014

2015

2016

77

47

120

22

266

98

239

0

0

337

0

185

0

19

204

Persistent Organic Pollutants (POP)

Volatile Organic Compounds (VOC)

Particulate Matter (PM)

0

27

36

0

20

26

0

7

19

Reported  values  refer  to  manufacturing  plants  SJK,  EGM,  Eleb,  GPX  and  BOT.  To  calculate  emissions,  the  te-
chnical  norms  from  the  Environmental  Company  of  the  State  of  São  Paulo  (CETESB,  in  Portuguese)  and  the 
Environmental Protection Agency (EPA) were used. Installations carry out surveillance of atmospheric emissions 
resulting from stationary sources annually or at the demand of a local environmental agency, as per company 
procedure doc.emb 2314 and the Plan of Surveillance for Atmospheric Emissions (PMEA, in Portuguese). PMEAs 
identify all installed stationary sources, analyzed parameters and systems for controlling employed pollutants. 
Emissions monitored are: Particulated Matter, Volatile Organic Compounds, Nitrogen Oxide, Sulphuric Oxide and 
Carbon Monoxide. Emissions, measured in mg/Nm3, are converted to tonnes/year in order to verify if they ex-
ceeded the limits set by law. Results are recorded at the local environmental agency and do not exceed the set 
limits, a compensation project not being necessary.

Emissions from volatile organic compounds were significantly reduced in the last few years due to the installation 
of robots in the main painting cabins, which lessened the quantity of paint used for planes, consequently redu-
cing VOC emissions. Also added are the improvements made for control procedures for calculating emissions.

Total discard of water, separated by quality and destination |G4-EN22| 

Emissions of substances that destroy the ozone layer (SDOs, in Portuguese) |G4-EN20|
Emissions shown in tonnes of equivalent CFC-11, calculated using the Ozone Depleting Potential (ODP) adopted 
by Montreal Protocol. Values taken from the Environmental Protection Agency (EPA), available at www.epa.gov/
ozone/science/ods/index.html. 

Total volume  
of water  
discard (m³)

2014

2015

2016

Treatment

Destination

Emissions of substances that destroy the ozone layer (SDOs, in Portuguese)

Precursor

HCFC-22

HCFC-141b

Total

ODP (tCFC-11E/t gas)

2014 (tonnes)

2015 (tonnes)

2016 (tonnes)

0.055

0.110

0.165

0.08

0.03

0.11

0.08

0.03

0.11

0.04

0.02

0.06

Domestic

318,443

373,229

291,422

SJK

EGM

GPX

TTE

213,196

164,318

153,752

Primary treatment – railing

46,867

56,970

48,270

Primary treatment – railing

Public sewage 
collection network

Public sewage 
collection network

38,009

20,371

34,465 
13,311 

34,319

12,440

Anaerobic treatment

Local stream

Aerobic treatment

Local stream

Emissions of NOx, SOx and other significant atmospheric emissions |G4-EN21|

Industrial

71,108

 116,126

108,047

OGMA

N/C

104,165

42,641

Biological treatment

Categories

NOx

SOx

2014

2015

2016

Volume of  
emissions in tonnes

Volume of  
emissions in tonnes

Volume of  
emissions in tonnes

103

2

97

2

91

2

SJK

BOT

EGM

GPX

ELEB

23,708

25,690

24,619

37,702

37,670 

28,918

4,160

4,200 

3,540

615

827 

577

4,923

4,714 

3,699

Physical-chemical 
treatment

Physical-chemical 
treatment

Physical-chemical 
treatment

Physical-chemical 
treatment

Physical-chemical  
treatment

56

Public sewage 
collection network

Public sewage 
collection network

Public sewage 
collection network

Public sewage 
collection network

Local stream

Public sewage  
collection network

57

OGMA

EVO

N/C

N/C

19,562

19,530

23,466

27,164

Physical-chemical 
treatment

Physical-chemical 
treatment

Public sewage 
collection network

Public sewage 
collection network

OBS.: The value of industrial effluent generated at the Harbin unit (1,763 m³) in 2015 was removed from the table since Harbin closed 
its operations in 2016. Only effluents treated within Embraer sites were considered. In this way, the volume of the Botucatu’s efluents, 
which are sent directly to the municipality concessionaire, was not accounted for in this indicator.

Total weight of waste (in tonnes), separated by type and disposal method* |G4-EN23|

Disposal method

Not dan-
gerous

Danger-
ous

Total

Not dan-
gerous

Danger-
ous

Total

Not dan-
gerous

Danger-
ous

2014

2015

2016

Landfill (non-dangerous)

1,190

0

2

0

1,190

1,408

2

374

1,295

1,008

0

12

0

386

1,008

1,408

2,009

1,067

1,071

0

0

0

0

9

0

0

1,091

1,100

0

0

0

0

394

867

12

0

0

0

1,295

4

0

0

Total

2,009

422

867

989

1

1

0

28

0

977

1

1

10,368

103

10,471

12,284

113

12,397

12,454

97

12,551

853

557

0

 0

1,997

2,850

2,490

2,217

4,707

0

0

0

557

695

0

0

29

0

758

128

30

1,453

157

30

846

679

23

0

2,080

2,926

1,479

2,158

118

27

141

27

Incineration

Compost

Co-processing

Decontamination

Sterilization

Recycling

Recovery

Sewage treatment

Physical-chemical treatment

Industrial landfill 
(dangerous)

*  The waste data from Évora unit, not included in the table, totaled 3,152 tonnes for non-hazardous waste, in which 61 tonnes were subject 
to disposal processes and 3,091 were subject to a recovery process. Considering hazardous wastes, 262 tonnes were disposed of and 
61 tonnes were recovered. The variation in results between 2015 and 2016 is due to the inclusion of three sites from United States (Mel-
bourne, Nashville and Fort Lauderdale) and the exclusion of the Harbin unit, whose activities ended in 2016.

Total number and volume of significant leakage |G4-EN24| 
In 2016, the company did not record leakage of significant volumes.

Number of complaints and claims related to recorded environmental impacts, processed and solved 
through formal processes |G4-EN34|
We have not received any report on the Helpline with respect to complaints and claims related to environmental impacts.

58

Total number and rate of employee turnover by age range, gender and region in 2016 |G4-LA1|

Country

Age range

Men

Women

General total

Brazil

China

France

Portugal

Netherlands

Singapore

United States

Under 30 years

Between 30 and 50 years 

More than 50 years

Total

264

760

807

Total

1,831

Under 30 years

Between 30 and 50 years

More than 50 years

Total

Under 30 years

Between 30 and 50 years

More than 50 years

Total

Under 30 years

Between 30 and 50 years 

More than 50 years

Total

Under 30 years

Between 30 and 50 years 

More than 50 years

Total

Under 30 years

Between 30 and 50 years

More than 50 years

Total

0

4

2

6

5

50

14

69

15

30

1

46

0

0

1

1

0

3

0

3

Under 30 years

55

Between 30 and 50 years

135

More than 50 years

Total

39

229

%

1.43

4.11

4.36

9.89

0.00

0.02

0.01

0.03

0.03

0.27

0.08

0.37

0.08

0.16

0.01

0.25

0.00

0.00

0.01

0.01

0.00

0.02

0.00

0.02

0.30

0.73

0.21

1.24

Total

123

216

55

394

0

12

0

12

6

35

7

48

1

5

0

6

0

2

0

2

0

0

0

0

7

28

11

46

General total

2,185

11.81

508

%

0.66

1.17

0.30

2.13

0.00

0.06

0.00

0.06

0.03

0.19

0.04

0.26

0.01

0.03

0.00

0.03

0.00

0.01

0.00

0.01

0.00

0.00

0.00

0.00

0.04

0.15

0.06

0.25

2.75

Total

387

976

862

%

2.09

5.27

4.66

2,225

12.02

0

16

2

18

11

85

21

117

16

35

1

52

0

2

1

3

0

3

0

3

62

163

50

275

0.00

0.09

0.01

0.10

0.06

0.46

0.11

0.63

0.09

0.19

0.01

0.28

0.00

0.01

0.01

0.02

0.00

0.02

0.00

0.02

0.34

0.88

0.27

1.49

2,693

14.55

59

Total number and new employee rate by age range, gender and region in 2016 |G4-LA1|

Accidents with leave for all workers (direct employees) |G4-LA6|

Country

Age range

Men

Women

General total

Brazil

China

France

Portugal

Netherlands

Singapore

United States

Under 30 years

Between 30 and 50 years

More than 50 years

Total

Under 30 years

Between 30 and 50 years

More than 50 years

Total

Total

361

130

4

495

0

4

1

5

Under 30 years

79

Between 30 and 50 years

163

More than 50 years

Total

Under 30 years

Between 30 and 50 years

More than 50 years

Total

Under 30 years

Between 30 and 50 years

More than 50 years

Total

Under 30 years

Between 30 and 50 years

More than 50 years

Total

Under 30 years

Between 30 and 50 years 

More than 50 years

Total

49

291

1

17

0

18

1

20

1

22

22

24

0

46

0

3

0

3

General total

880

%

1.95

0.70

0.02

2.67

0.00

0.02

0.01

0.03

0.43

0.88

0.26

1.57

0.01

0.09

0.00

0.10

0.01

0.11

0.01

0.12

0.12

0.13

0.00

0.25

0.00

0.02

0.00

0.02

4.76

Total

157

57

0

214

1

6

0

7

22

39

9

70

3

5

0

8

1

7

0

8

7

5

0

12

0

0

0

0

319

%

0.85

0.31

0.00

1.16

0.01

0.03

0.00

0.04

0.12

0.21

0.05

0.38

0.02

0.03

0.00

0.04

0.01

0.04

0.00

0.04

0.04

0.03

0.00

0.06

0.00

0.00

0.00

0.00

1.72

Total

518

187

4

709

1

10

1

12

101

202

58

361

4

22

0

26

2

27

1

30

29

29

0

58

0

3

0

3

1,199

%

2.80

1.01

0.02

3.83

0.01

0.05

0.01

0.06

0.55

1.09

0.31

1.95

0.02

0.12

0.00

0.14

0.01

0.15

0.01

0.16

0.16

0.16

0.00

0.31

0.00

0.02

0.00

0.02

6.48

60

Region

South America (Brazil)

North America (United States)

Europe, Middle East and Africa

Asia

Total

2014

2015

2016

47

11

6

0

64

38

20

24

0

82

28

13

2

0

43

Accidents with leave for all workers (third-party employees) |G4-LA6|

Region

South America (Brazil)

North America (United States)

Europe, Middle East and Africa

Asia

Total

2014

2015

2016

22

0

12

0

34

Accidents rate with leave for all workers (direct employees) |G4-LA6|

Region

South America (Brazil)

North America (United States)

Europe, Middle East and Africa

Asia

Total

2014

1.45

4.29

6.96

0

1.77

Accidents rate with leave for all workers (third-party employees) |G4-LA6|

Region

South America (Brazil)

North America (United States)

Europe, Middle East and Africa

Asia

Total

2014

2.37

0

29.10

0

3.51

17

0

1

0

18

2015

1.17

7.63

22.23

0

2.25

2015

1.49

0

4.95

0

1.54

35

0

0

0

35

2016

0.88

3.65

2.68

0

1.19

2016

2.78

0

0

0

2.60

61

Occupational illness for all workers (direct employees) |G4-LA6|

Region

South America (Brazil)

North America (United States)

Europe, Middle East and Africa

Asia

Total

2014

2015

2016

15

0

0

0

15

8

0

0

0

8

6

0

0

0

6

Occupational illness rates for all workers (direct employees) |G4-LA6|

Region

2014

2015

2016

Number of occupational illnesses

Rate of occupational illnesses

South America (Brazil)

North America (United States)

Europe, Middle East and Africa

Asia

Total

15

0

0

0

15

0.25

0.19

0

0

0

0

0

0

0.22

0.17

Days lost (accidents + illnesses) for all workers (company employees) |G4-LA6|

Region

South America (Brazil)

North America (United States)

Europe, Middle East and Africa

Asia

Total

2014

993

203

110

0

1,306

2015

6,945*

423

438

0

7,806

2016

885

17

25

0

927

* Considering a fatal accident which took place in 2015, for which 6,000 lost days were counted, as per NBR 14280.

Type of injury and rates of injury, occupational diseases, lost days, and absenteeism, and total 
number of work-related fatalities, by region and by gender |G4-LA6|

Days lost (accidents + illnesses) for all workers (third-party employees) |G4-LA6|
Region

2015

2014

223

0

0

0

223

210

0

17

0

227

South America (Brazil)

North America (United States)

Europe, Middle East and Africa

Asia

Total

62

2016

609

0

0

0

609

Rate of days lost (accidents + illness) for all workers (third-party employees) |G4-LA6|
2015
Region

2014

South America (Brazil)

North America (United States of America)

Europe, Middle East and Africa

Asia

Total

24.04

0

0

0

23.00

1.49

0

4.95

0

1.54

2016

48.43

0

0

0

45.27

Absentee rate separated by women |G4-LA6|
Scheduled hours

Hours of absence

3,918,774.14 
Absentee rate separated by men 

Scheduled hours

22,151,700.83 

Total

Scheduled hours

26,070,474.97

265,285.47 

Hours of absence

854,162.27 

Hours of absence

1,119,447.74 

Percentage

6.77

Percentage

3.86

Percentage

4.29

Total number and rate of occupational illness for third-party employees is zero (0). There were not deaths for the 
report’s period.

Rate of days lost (accidents + illnesses) for all workers (company employees) |G4-LA6|

Region

South America (Brazil)

North America (United States of America)

Europe, Middle East and Africa

Asia

Total

2014

30.55

79.23

127.65

0

36.08

2015

213.70

161.47

405.64

0

214.04

2016

27.92

4.77

33.44

0

25.65

Employees with high incidence or high risk of illness related to their occupation |G4-LA7| 
None.

63

Average number of training hours per year per employee, separated by gender 
and functional category* |G4-LA9|

Functional category

2014

2015

2016

Men

Women

Men

Women

Men

Women

Board of Executive Officers

Number of men 
who were regu-
larly evaluated

Percentage 
of men who 
were regularly 
evaluated

Total 
women

Number of 
women who 
were regularly 
evaluated

Percentage of 
women who 
were regularly 
evaluated

Analysis of career performance and development in 2016* |G4-LA11|

Hour load

1,101

297

5,383

Board of 
Executive 
Officers

Employees in the category

Hours per employee

Hour load

79

14

8

37

73

74

967

9

107

3,832

396

72

53

9

44

4,512

1,692

16,544

3,312

19,280

2,820

Manager

Employees in the category

Hours per employee

234

19

43

39

235

70

40

83

223

86

34

83

Hour load

31,266

3,901

35,363

4,015

24,152

2,696

Supervisor

Employees in the category

Hours per employee

Hour load

Pilot

Employees in the category

Hours per employee

726

43

1,332

106

13

81

48

0

0

0

678

52

1,285

102

13

75

54

0

0

0

625

39

2,694

93

29

69

39

0

0

0

Hour load

133,344

23,180

105,260

18,843

116,927

20,091

Engineer

Employees in the category

Hours per employee

3,708

36

576

40

3,783

28

586

32

3,550

33

544

37

Hour load

31,691

21,669

29,652

21,756

33,698

27,243

Professional

Employees in the category

Hours per employee

1,271

25

961

23

1,300

23

965

23

1,236

27

942

29

Hour load

98,781

14,151

95,219

8,807

128,310

18,772

Technical

Employees in the category

Hours per employee

3,013

33

277

51

3,168

30

300

29

2,879

45

329

57

Hour load

16,108

13,558

11,382

8,679

9,880

6,397

Administrative

Employees in the category

Hours per employee

490

33

386

35

480

24

377

23

420

24

309

21

Total 
men

72

223

625

93

3,550

1,236

2,879

420

6,066

79

235

657

91

3,465

1,173

2,639

390

4,727

15,164

13,456

Manager

Supervisor

Pilot

Engineer

Professional

Technical

Administrative

Operational

Total

110

105

105

98

98

95

92

93

78

89

9

34

69

0

544

942

329

309

535

11

32

78

0

538

886

259

298

375

2,771

2,477

122

94

113

0

99

94

79

96

70

89

* Due to the Voluntary Dismissal Program, the number of employees is less than the number of evaluated in some categories.

Composition of groups responsible for governing and separating employees by functional category, in 
accordance with gender, age range, minority status and other diversity indicators |G4-LA12|

Functional category

Board of Executive Officers

Manager

Supervisor

Pilot

Engineer

Professional

Technical

Administrative

Operational

Total

Total

91

314

720

93

4,150

2,523

3,244

754

6,617

18,506

Woman (%)

Man (%)

10

14

11

0

13

41

10

42

8

16

90

86

89

100

87

59

90

58

92

84

Functional category

Total

Under 30 years (%)

From 30 to 
50 years (%)

More than 
50 years (%)

Hour load

197,431

14,677

179,383

11,229

194,844

13,384

Board of Executive Officers

Operational

Employees in the category

Hours per employee

6,619

30

589

25

6,603

27

599

19

6,066

32

535

25

Hour load

515,565

93,126

479,470

77,607

533,617

91,799

Total

Employees in the category

16,246

2,921

16,422

2,951

15,164

2,771

Hours per employee

32

32

39

26

35

33

*  There was an alteration of data related to prior years since, in 2014, the Embraer standard for functional categorization was used. In consolidating training 
hours per capita, for what was considered the total number of training participants, there was an alteration so that the number of company employees would 
be considered. Data for 2013, 2014 and 2015 is global. In 2015 there was an increase in training hours for Leadership, due to the implementation of the 
Leader School.

Manager

Supervisor

Pilot

Engineer

Professional

Technical

Administrative

Operational

Total

91

314

720

93

4,150

2,523

3,244

754

6,617

18,506

0

1

2

0

18

17

23

32

20

19

48

65

80

45

72

72

64

56

76

71

52

34

18

55

10

11

13

11

5

10

64

65

Employees by 
minority status

Number of black employees who 
work for the company

Percentage of leadership positions 
occupied by black employees

Number of people 
with disabilities

20141

829

2.67

709

20151

889

2.60

755

20162

1,480

2.30

617

1. Data strictly refers to Brazil. 2. Data referring to 2016 includes integral subsidiaries – Atech and Savis-Bradar.

Composition of groups responsible for governing and separating employees by functional category, in 
accordance with gender, age range, minority status and other diversity indicators |G4-LA12|

Governance body

 Board of Directors

 Board of Executive Officers

Total

11 

10

Woman (%)

Man (%)

9

10

91

90

Governance body

Total

Under 30 years (%)

Board of Directors

Board of Executive Officers

11

10

0

0

From 30 to  
50 years (%)

More than  
50 years (%)

9

30

91

70

Number of complaints and claims related to recorded labor practices, processed and solved 
through formal processes |G4-LA16|
All reported problems, concerns, complaints or violations addressed to the Embraer Helpline are treated confidentially. 
The complaint will receive a protocol in order to follow the report status online. The verification process is covered by 
a policy and a procedure, following a calculation methodology. Embraer does not tolerate retaliation with anyone who 
reports a concern in good faith.

Reports made on the complaint channel

Outside the scope

Inside the scope

Applied measures

Warnings and suspensions

Exemptions

Coaching, surveillance, orientation, awareness campaign and improvement of processes and policies

2016 (Helpline)

325

23

302

100

31

6

63

66

Total number of employee training hours regarding human rights or procedures related to 
human rights matters relevant to the Organization’s operations, including the percentage of 
trained employees |G4-HR2|

Number of hours dedicated 
to training employees

Total number of hours dedicated to 
training for policies or procedures 
related to human rights matters

Percentage of hours dedicated to 
training for policies or procedures 
related to human rights matters

Brazil

China

United States

France

Netherlands

Portugal

Singapore

Total

Brazil

China

United States

France

Netherlands

Portugal

Singapore

Total

548,296

1,526

61,868

452

1,391

10,489

1,394

625,416

1,303

16

500

14

46

199

3

2,081

0.2

1.0

0.8

3.0

3.3

1.9

0.2

0.3

Number of employees*

Number of employees trained in 
policies or procedures related to 
human rights matters

Percentage of employees trained 
in policies or procedures related to 
human rights matters

15,436

67

1,763

112

94

407

56

17,935

1,168

13

445

13

40

167

2

1,848

7.6

19.4

25.2

11.6

42.6

41.0

3.6

10.3

* Data does not include subsidiaries.

Total number of cases of discrimination and corrective measures taken |G4-HR3|
There was no internal or external case of discrimination due to ethnicity, color, sex, religion, ideology, nationality 
or social origin reported on the official company channel (Helpline) which had been verified and considered as 
having happened in 2016.

Percentage of operations with implemented programs of local community engagement, 
impact evaluation and local development |G4-SO1| 
Percentage of operations with programs of local community engagement is 49.98%.

67

Total number and percentage of operations submitted to risk evaluation related to corruption 
and significant identified risks |G4-SO3|

Communication and training in policies and procedures for fighting corruption |G4-SO4|

Operations

Due diligence of suppliers

Due diligence of sponsors

Due diligence of donations

Due diligence of class entities

Total number of operations submitted to 
risk evaluations related to corruption

Percentage of operations submitted to 
risk evaluations related to corruption

5,164

146

34

96

100

100

100

100

Risks related to corruption

Type of risk 
evaluation

Action to mitigate risks

Conflicts of interest (improper or 
incorrect payments in order to 
obtain favors)

 Qualitative

Improper accounting (incorrect 
records and/or provisioning)

 Qualitative

Inclusion of the subject of conflicts of interest in training that is related to 
anti-corruption and to the Code of Ethics, analysis of suppliers through the 
due diligence process, in addition to responses to periodic consultations 
held with the Compliance team. Additionally, continuous surveillance was im-
plemented for payments considered critical and specific tests were included 
for the departments analyzed by the Internal Audit. Control tests were also 
performed for SOx certification, by the Internal Controls department.

Continuous surveillance was implemented for payments considered critical 
and specific tests were included for the departments analyzed by the Internal 
Audit. Additionally, control tests were also performed for SOx certification, by 
the Internal Controls department.

 Qualitative

Inclusion of specific tests in the departments analyzed by the Internal Audit.

The Compliance team's carrying out of the due diligence analyses, in addi-
tion to carrying out training on anti-corruption matters. Additionally, specific 
tests for verifying due diligence in Mergers and Acquisitions (M&A) processes 
were included in the Internal Audit's work plan.

Inclusion of the subject of conflicts of interest in training that is related to 
anti-corruption and to the Code of Ethics, analysis of suppliers through the 
due diligence process, in addition to responses to periodic consultations 
held with the Compliance team. Additionally, continuous surveillance was im-
plemented for payments considered critical and specific tests were included 
for the departments analyzed by the Internal Audit. Control tests were also 
performed for SOx certification, by the Internal Controls department.

Continuous surveillance was implemented for payments considered critical 
and specific tests were included for the departments analyzed by the Internal 
Audit. Additionally, control tests are made for SOx certification, executed by 
Internal Controls and training actions and responses to periodic consulta-
tions made to the Compliance team.

Improper commercial discounts  
(absence of approval or alteration 
of prices)

Failure to observe proper anti- 
corruption procedures in the  
M&A process

 Qualitative

Improper or duplicated payment 
(to public authorities and 
certifying entities)

 Qualitative

Bribery or improper benefits (improp-
erly receiving or paying suppliers, 
commercial representatives, custom-
ers, public authorities and 
external entities)

 Qualitative

68

Region* 

Governance bodies established in the organization

Number of individuals and/or employees  
that compose each governance body

Southeast

Total

Board of Directors

Fiscal Counsil

Board of Executive Officers

3

13

10

 9

32

Region*

Number of individuals and/or  
employees that compose each  
governance body in each region

Number of members of the  
governance body to which anti- 
corruption policies and procedures 
have been communicated

Percentage of members of the  
governance body to which anti- 
corruption policies and procedures 
have been communicated

Southeast

32

* Considered only the Southeast region of Brazil

 32

 100

Functional categories

Leaders

Non-leaders

Number of employees in each functional category

 1,177

16,133

Types of trading partners 

Suppliers

Third parties (commercial representatives,  
law firms and logistics agents)

Number of each type of trading partner

5,064

100

Functional category

Board of Executive Officers

Manager

Supervisor

Pilot

Engineer

Professional

Technical

Administrative

Operational

Total

Number of employees who were notified of the 
anti-corruption procedures and policies

Percentage of employees who were notified of 
the anti-corruption procedures and policies

87

382

629

77

3,680

0

3,223

8,027

1,205

17,310

98

97

99

99

100

0

95

94

99

97

69

Confirmed incidents of corruption and actions taken |G4-SO5|
None.

Number of complaints and claims related to recorded societal impacts, processed and solved 
through formal processes |G4-SO11|
None.

Results from customer satisfaction surveys |G4-PR5|

Satisfaction indicators obtained from the annual  
satisfaction survey of Commercial Aviation customers (%)

Embraer Absolute Favorability (EAF)

Relative-to-benchmark Favorability (RBF)

Embraer Absolute Unfavorability (EAU)

Spontaneous General Satisfaction Index (ISGE)

2014

67.20

0.85

8.00

87.40

2015

77.30

0.85

3.60

85.90

2016

83.20

0.91

3.70

84.90

70

GRI G4  
CONTENT INDEX 

|G4-32|

Materiality 
Disclosures
Embraer SA

7
1
0
2
l
u
J

e
c
i
v
r
e
S

General standard content

STRATEGY AND ANALYSIS

G4-1

G4-2

ORGANIZATIONAL PROFILE

G4-3

G4-4

G4-5

G4-6

G4-7

G4-8

G4-9

G4-10

G4-11

G4-12

G4-13

G4-14

G4-15

G4-16

MATERIAL ASPECTS IDENTIFIED AND LIMITS

G4-17

G4-18

G4-19

G4-20

G4-21

G4-22

G4-23

INVOLVEMENT OF STAKEHOLDERS

G4-24

G4-25

G4-26

G4-27

Page

Global compact

6

3

8 to 9 and 10 to 11

6; 7 and 20 to 21

4

13 and 24 to 29

13 and 44

13 and 14 to 15

4

13; 14 to 15 and 24 to 29

13

34 and 44 to 45

37

38

26; 28 and 30

20 to 21

41

41 and 45 to 46

4

4 and 6

46 to 48

46 to 48

6 and 46 to 48

4

4

21

21

21 and 48 to 49

6

71

 
General standard content

REPORT PROFILE

Page

Global compact

G4-28

G4-29

G4-30

G4-31

G4-32

G4-33

GOVERNANCE

G4-34

G4-35

G4-36

G4-37

G4-38

G4-39

G4-40

G4-41

G4-42

G4-43

G4-44

G4-45

G4-46

G4-47

G4-48

G4-49

ETHICS AND INTEGRITY

G4-56

G4-57

G4-58

4

48

4

4

4 and 71 to 74

4

16 to 17

17

17

48 to 49

17

17

16 to 17

16 to 17

16

49

17

30

20 to 21

17

50

50

15 and 19

20

20

10

10

10

SPECIFIC STANDARD CONTENT
Information about 
management 
approach and 
indicators

Material  
aspects

CATEGORY: ECONOMIC

Economic perfor-
mance

Market presence

Indirect economic 
impacts

G4-DMA

G4-EC1

G4-EC2

G4-EC3

G4-DMA

G4-EC5

G4-DMA

G4-EC7

G4-EC8

CATEGORY: ENVIRONMENTAL

G4-DMA

G4-EN3

G4-EN5

G4-EN6

G4-EN7

G4-DMA

G4-EN8

G4-EN9

G4-EN10

G4-DMA

G4-EN15

G4-EN16

G4-EN17

G4-EN18

G4-EN19

G4-EN20

G4-EN21

G4-DMA

G4-EN22

G4-EN23

G4-EN24

G4-DMA

G4-EN27

G4-DMA

G4-EN32

G4-EN33

G4-DMA

G4-EN34

Energy

Water

Emissions

Effluent and 
waste

Products and 
services

Environmental  
assessment of 
suppliers

Procedures for 
complaints and 
claims related 
to environmental 
impacts

21; 31 to 33 and 36

33

21

36

36

36 and 50

42 to 43

42 to 43

42 to 43

40 to 41

40 and 50 to 51

51

40 and 52

25 and 29

40 to 41

41 and 53

53

41 and 53 to 54

40 to 41 and 54

40 and 54 to 55

40 and 55

40 and 55

40 and 56

40 and 56

40 and 56

40 and 56 to 57

40 to 41

41 and 57 to 58

41 and 58

58

29

29

38 to 39

38

38

20

58

Page

Omissions

Global 
compact

Currently unavailable. There is no information on the energy reductions of 
products sold during the period covered by the report.

7

6

7 | 8

8

8 | 9

8 | 9

7 | 8

8

8

7 | 8

7 | 8

7 | 8

8

8 | 9

7 | 8

7 | 8

8

8

8

Currently unavailable. As of the date of publication of this report, the 
numerical results of the tests performed were not disclosed. Howe-
ver, it can be stated that the flights were satisfactory and occurred 
within normal performance conditions.

7 | 8 | 9

Currently unavailable. There is no monitoring of negative  
environmental impacts in the supply chain.

8

8

8

6

72

CATEGORY: SOCIAL

SUB-CATEGORY: Labor practices and decent work

Employment

G4-DMA

G4-LA1

G4-LA2

G4-DMA

G4-LA5

Health and safety 
at work

G4-LA6

G4-LA7

G4-LA8

34 and 36

34 and 59 to 60

36

36 to 37

37

37 and 61 to 63

63

37

Currently unavailable. Discriminated rates by gender will only be  
possible by 2018. Information for absenteeism rate is available,  
but there is no breakdown by region of this figures.

SPECIFIC STANDARD CONTENT
Information about 
management 
approach and 
indicators

Material  
aspects

G4-DMA

G4-LA9

G4-LA10

G4-LA11

G4-DMA

Training and 
education

Diversity and 
equality  
of opportunities

Page

35 to 36

36 and 64

36 and 37

35 to 36 and 65

34

G4-LA12

34 and 65 to 66

At Embraer we value diversity and we are committed to providing equal 
employment opportunities, without regard to ethnicity, age, gender, 
religion, national origin, physical or mental disability, sexual orientation or 
medical condition.

Omissions

Global 
compact

Currently unavailable. There is no monitoring of negative  
impacts on labor practices in the supply chain.

Evaluation of 
suppliers’ labor 
practices

Procedures for 
complaints and 
claims related to 
labor practices

G4-DMA

G4-LA14

G4-LA15

G4-DMA

G4-LA16

SUB-CATEGORY: Human rights

Investments

Non-discrimina-
tion

Freedom of 
association 
and collective 
bargaining

Child labor

Forced work or  
analogous with 
slavery

Supplier evalua-
tion as  
to human rights

Procedures for 
complaints and 
claims related to 
human rights

G4-DMA

G4-HR1

G4-HR2

G4-DMA

G4-HR3

G4-DMA

G4-HR4

G4-DMA

G4-HR5

G4-DMA

G4-HR6

G4-DMA

G4-HR10

G4-DMA

G4-HR12

SUB-CATEGORY: Society

Local commu-
nities

Fight against 
corruption

Supplier evalua-
tion as  
to impacts on 
society

Procedures for 
complaints and 
claims related 
to impacts on 
society

G4-DMA

G4-SO1

G4-DMA

G4-SO3

G4-SO4

G4-SO5

G4-DMA

G4-SO9

G4-DMA

G4-SO11

SUB-CATEGORY: Product liability

Labeling of 
products  
and services

G4-DMA

G4-PR5

38 to 39

38

38

20

20 and 66

35 to 36

38

36 and 67

19

67

38 to 39

38

38 to 39

38

38 to 39

38

38 to 39

38

20

20

42 to 43

42 to 43 and 67

18 and 19

18 to 19 and 68

18 to 19 and 69

70

38 to 39

38

20

70

24

24 and 70

6

6

6

2

1

6

3

5

4

2

1

1

10

10

10

MATERIALITY 2017-2019

The review of the first Materiality Matrix (2014-2016), conducted 
during 2016, followed the guidelines of the Global Reporting Ini-
tiative (GRI) guidelines from version G4. The definition of the set 
of themes to be analyzed considered the topics identified in the 
first matrix, the recently launched Sustainable Development Goals 
(SDGs)  and  the  topics  routinely  addressed  in  the  sustainability 
indices of the New York and São Paulo stock exchanges.
Thus,  21  themes  were  initially  defined  for  the  consultation  pro-
cess: biofuels; biodiversity; local community development; person-
al  development;  socioeconomic  development  in  the  local  supply 
chain; dematerialization; human and labor rights; availability of raw 
materials; diversity and inclusion; atmospheric emissions; ethics, 
transparency and compliance; product lifecycle management; nat-
ural resources and waste; risk and crisis management; chemical 
substances management; research, development and innovation; 
noise;  health,  safety  and  well-being;  product  safety;  information 
security; economic and financial sustainability.
The  Embraer  Business  System  (SEE,  in  Portuguese)  was  used 
as a reference to define the stakeholders to be consulted in the 
process. The SEE determines the key stakeholders (clients, cus-
tomers, partners, shareholders and society) of the company and 
defines the business management model, the organization model 
and  the  main  roles  and  responsibilities  for  the  management  of 
Embraer. The process also involved sectoral and regulatory organi-
zations, aviation experts and civil society organizations.
The process was attended by 46 representatives of Embraer’s main 
stakeholders, of which: 6 shareholders; 11 clients of the Business, 

Executive and Defense and Security Aviation 
business units; 6 suppliers; 11 representa-
tives of society (including NGOs, sectoral or-
ganizations and experts in the sustainability 
field)  and  12  employees  from  different  ar-
eas of the company. In order to ensure the 
identification of the most significant topics 
for the company’s business, the vice presi-
dents and the CEO were also consulted.
The  matrix  was  later  validated  by  the  Sus-
tainability Committee, the Board of Executive 
Officers  and  by  Embraer’s  CEO.  The  materi-
al issues identified will be the basis for the 
new Sustainability Plan (2018-2020), which 
will be developed during 2017 and will pres-
ent  specific  indicators  and  targets  for  each 
issue. The Plan will continue to be disclosed 
annually,  which  will  allow  monitoring  of  the 
company’s  results  and  progress  in  relation 
to the achievement of the goals established.
The  following  materiality  presents  the  eight 
themes identified in the process considering 
the combined vision (significance of the en-
vironmental,  social  and  economic  impacts 
related to the Embraer activities versus the 
influence  of  the  theme  for  the  company’s 
stakeholders) of the evaluations carried out.

Natural resources 
and waste

Ethics, transparency 
and compliance

Health,  
safety and 
well-being

Atmospheric 
emissions 

MATE RI ALI TY
MATERIALITY

Economic 
and financial 
sustainability

Product  
safety

Other issues covered:
Biofuel
Biodiversity 
Local community development 
Socioeconomic development in the 
local supply chain
Dematerialization
Human and labor rights
Diversity and inclusion
Availability of raw materials
Product lifecycle management
Risk and crisis management 
Chemical substances management
Noise
Information security

Research, development 
and innovation

Personal 
development

Credits

OVERALL COORDINATION 
VICE PRESIDENCY OF PEOPLE AND SUSTAINABILITY 
CORPORATE SUSTAINABILITY MANAGEMENT 

CONSULTANCY FOR INDICATORS, EDITORIAL 
COORDINATION, LAYOUT, REVIEW AND CONTENT 
THEMEDIAGROUP

TEXT
KMZ CONTEÚDO
(COORDINATION: THEMEDIAGROUP) 

ENGLISH TRANSLATION 
CENTRAL DE TRADUÇÕES & GLOBAL LANGUAGES

PHOTOGRAPHY  
EMBRAER’S COLLECTION

76