About the report
As in 2019, the report was prepared according to the guidelines of the Global Reporting Initiative (GRI) Standards: Core Option. In addition, for the first time, the report has included some of the indicators of the Sustainability Accounting Standards Board (SASB) methodology.
Message from the Management
Message from the Management
Pedro Wongtschowski, Chairman of the Board of Directors, and Frederico Fleury Curado, CEO of Ultrapar, signed the Message from the Management for the Integrated Report 2020.
Profile
Profile
Through its businesses Ultragaz, Ultracargo, Oxiteno, Ipiranga and Extrafarma, the Ultra Group is present in approximately 85% of Brazilian municipalities, as well as seven countries. At year-end 2020, the Group had 15.9 thousand employees and a market capitalization of R $ 26 billion.
Structure and management
Structure and management
Grupo Ultra is recognized by the market for its commitment to the best corporate governance practices. It also has a robust risk management structure.
Strategy and performance
Strategy and performance
One of the Ultra Group's main focuses is portfolio management and capital allocation in order to take advantage of growth opportunities that have the potential to enhance the organization's value creation capacity and sustainability.
ESG strategy
ESG strategy
The Ultra Group has been taking steps to strengthen its sustainability strategy. In parallel, the Holding has been driving the sustainability agenda forward in the businesses.
Corporate governance
Corporate governance
In 2020, the Ultra Group trained 96% of its employees on anti-corruption issues and the organization did not receive any substantial complaints regarding breaches of privacy or loss of customer data.
Environment
Environment
The Ultra Group has embedded the challenges of climate change and the transition to a low carbon economy in its strategic planning, and is committed to the management and reduction of greenhouse gas (GHG) emissions, and the efficient use of natural resources.
Society
Society
In 2020, the Ultra Group allocated approximately R $ 37 million in initiatives to assist society in combating the Covid-19 pandemic, in addition to providing support to its business partners.
People
People
Grupo Ultra prioritizes the continuous development of its employees, provides a diverse and inclusive work environment and promotes the health and safety of all. In a year that was marked by the Covid-19 pandemic, the Group's actions to provide care for people was one of the highlights.
