Sustainability

Sustainability in Ultrapar

Ultrapar believes that sustainability is a journey, not a destination. It is an essential theme for the continuity of the businesses, which must evolve continuously and together with the Company’s strategy.

It was in this context that the strategic priority themes were identified. They cover the three ESG pillars (environmental, social and governance) and represent relevant topics to which the Company must focus its efforts. In addition, the topics consider the view of different stakeholders, such as Ultrapar’s management, employees, shareholders and investors, market analysts, regulatory/supervising bodies, professional associations and the press.

The ESG agenda is part of the company’s strategic planning, and aims to mitigate risks, foster opportunities and protect the Company’s value in the long term. Therefore, Ultrapar defined for its seven priority topics, ambitions, commitments and goals for 2030 and, in 2023, the ESG 2030 Plan was disclosed to the external public.

Material topics, ambitions and 2030 goals

The seven material topics were defined through a process guided by global macrotrends, specific businesses’ characteristics, stakeholders’ perspectives and industry practices. They are also connected to the United Nations (UN) Sustainable Development Goals (SDGs).

ESG ratings and indexes

Ultrapar integrates a set of indexes and ratings, with indicators and metrics that follow international standards, and classify organizations according to ESG criteria. Some of them are:

Reports

Integrated Report

Ultrapar’s Integrated Report is elaborated in accordance with the Global Reporting Initiative Standards and Sectorial Norms (GRI) and follows the guidelines of the Sustainability Accounting Standards Board (SASB), the International Integrated Reporting Council (IIRC) and the Task Force on Climate- Related Financial Disclosures (TCFD), also presenting topics related to the 17 UN SDGs.

The content includes market context, financial, economic and operational performance, and environmental, social and governance (ESG) information on Ultrapar’s main businesses.

Click here to access the document.

Businesses’ report

Ipiranga: Sustainability report

Ultragaz: Sustainability report (Portuguese only)

Ultracargo: Sustainability indicators’ center (Portuguese only)