The Ultra Group presents its Integrated Report for 2021, which provides information on its activities and performance during the year and the progress made in addressing Environmental, Social and Governance (ESG) themes.
The Group’s performance has been presented according to the principles, indicators and metrics set out in the IIRC guidelines and the GRI and SASB international reporting standards.
Message from the Administration
Performance highlights, divestment of assets, consolidation of the sustainability strategy and the renovation of the management and governance structure were the main subjects of a joint letter signed by the Chairman and Vice-Chairman of the Board of Directors and the Chief Executive Officer.
Our business
As it enters its 85th year of business activities, the Ultra Group is a major player in supplying the country with essential products and services, particularly in the energy and infrastructure value chains. The Company ended 2021 with more than 16,000 employees and a market value of R$16 billion.
Strategy and prospects
In 2021, the Ultra Group undertook a strategic review of its portfolio, seeking to achieve a greater degree of agility in capital allocation with greater complementarity and strategic synergies among its businesses. See below for more information on the changes made and the strategies of the businesses that remain under its management.