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Annual Report 2014

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GRI G4-DMA Water G4-DMA Emissions

BB is committed to adding environmental and social benefits without losing sight of the focus on managing its business, offering functionalities that consumers perceive as added value and increasing the probability of obtaining economic return and increasing its competitive advantage. Dealing with environmental and social issues is a continuous enhancement process and presents BB with the possibility of identifying new business opportunities.

Driving good practices and engaging in reflections regarding environmental issues within society and in the market are part of the BB’s structured approach to its daily activities. BB participates in several debating forums and promotes events about climate change, discloses an annual greenhouse gas emissions inventory in accordance with the methodology of the Brazilian GHG Protocol Program, in addition to adopting a series of Green IT initiatives. In order to reduce the impact of its activities, the Environmental Management System coordinates the efforts to enhance its performance in water, energy, materials and waste.

In partnership with the National Waters Agency (ANA), FBB and the WWF Brasil, BB carries on the Brazil Water Program that promotes conservation in seven micro water basins, representing the Brazilian biomes, through sustainable agriculture, in addition to carry out actions involving awareness and to drive sustainable business.

Using a Structured Approach Bb Drives Good Practices While Encouraging Debate on Environmental Issues. In Addition To Taking Part In Several Debating Forums, Bb Participates In the Water Brazil Program and Fosters Employee Awareness

Climate Change

GRI G4-EC2 G4-DMA Transport G4-DMA Overall

Aware of the relevance and urgency of climate change issues, BB promotes this issue within the private sector and adopts internal measures to enhance its processes so as to reduce greenhouse gas (GHG) emissions and contribute to helping communities vulnerable to vulnerable climatic conditions to adapt. BB is committed to the transition to a low-carbon economy, and has taken a leading position on this issue.

The issue of climate change is reflected in specific actions within the BB 2015-2017 Agenda 21. The highlights include: (i) developing proposals for the role of BB in climate change – business and operations; (ii) assess the possibility of including the evaluation of the impacts of climate change on the bank’s operations as a responsibility of the Board of Directors, or one of its committees, and (iii) use/adapt the results of the results of the models for evaluating risks and opportunities involving climate change developed within the scope of financing for the Bank’s own investments and those of third parties. These actions are not included in the accountability presented in this report, but are considered relevant for the Bank, for which reason they are implemented within the management.

BB’s leading role is perceived through its participation in voluntary initiatives on climate change and water


Challenge 15

To enhance and systematize the identification of business opportunities for developing products that meet the demands created by environmental matters (trends/new regulations on the use of natural resources) and climate change (demands for infrastructure financing in order to adapt to climate change).

Since 2006, and as one of the early movers in Brazil, BB responds to the questionnaire of the Disclosure Project (CDP), a not-for-profit non-governmental organization with the world’s largest data base on environmental management regarding the risk of climate change. The participation in the CDP reflects the BB’s General Policies that guide and direct actions involving socioenvironmental responsibility and climate change. The responses are public and can be accessed on the site of the CDP (www.cdp.net).

BB is a founding member of the Businesses for Climate Program and the Brazilian GHG Protocol Program, both of them intended for reflection and proposing anti-climate change actions. BB also figures on the Efficient Carbon Index (ICO2) of BM&FBOVESPA, which consists of companies with good corporate governance and transparent practices in terms of their GHG emissions. This group uses as the performance indicator in this aspect carbon intensity, which is the ratio of emissions to the organization’s gross revenue.

It is also active on the Climate Change Working Group (CTClima), an initiative coordinated by the Business Council for Sustainable Development – Brazil (CEBDS) with the intention of assisting companies to adopt strategies in order to take advantage of opportunities while minimizing risks that prepare them for a world with restrictions on GHG emissions. In 2014 BB sponsored the Value Chain Carbon Management Program in which it provided training to the suppliers of the companies involved in the initiative. Within the scope of FEBRABAN, BB is a member of the Commission on Social Responsibility and Sustainability.

On the question of water, the leading role of BB is perceived in two important forums on which it has a seat. One of these is the CEO Water Mandate, coordinated by the UN, whose aim is to build an international movement of business committed to the cause of water, so as to help them develop and disclose policies and practices within this context. The second is the Brazilian Section of the World Water Council, whose major challenges include increasing the effectiveness of the Brazilian government on the World Water Council, positively influencing the entity’s agenda of issues and creating a discussion platform for examining water resource management and policy in Brazil and worldwide.

The issue is debated in working groups responsible for defining the Socioenvironmental Guidelines underpinning the areas when assessing risks and opportunities associated with environmental indicators and when developing new products and services with an anti-climate change emphasis. Also, this issue is reflected in the Work Agreement through the IE Pegada (Environmental Footprint Eco-efficiency Index) that encourages and recognizes the responsible use of natural resources by the employees. When granting financing BB abides by the Equator Principles; and worthy of a special mention is Principle 2 regarding the monitoring of measures for preventing and minimizing pollution (including atmospheric emissions) that contribute to climate change.

During 2014 two important events organized by BB contributed to reflection on the issue of climate change in the financial industry. The 2050 Criteria Workshop within the scope of the Brazil Water Program debated the adoption of this methodology by a large number of banks and investors when undertaking financial analyses of critical sectors of industry, as well as their extensive use of consultants and non-governmental organizations in the field of sustainability. The debate, under the command of Joshua Levin, responsible for the WWF Finance and Commodities Program in the United States contributed to the application and monitoring of the sustainability directives for loans to the agribusiness industry. The workshop Paths to Integration: Socioenvironmental Responsibility in the Financial Industry brought together representatives of financial institutions to discuss key issues of sustainability and to assist in adopting more sustainable practices and financing. The occasion saw the launch of the Manual Environmental, Social and Governance Integration for Banks, prepared by WWF International with the support of Credit Suisse. The publication offers a tool kit for developing strategies within the financial sector.

Seeking to reduce the volume of air and ground deployments of employees in service, BB currently has 237 operational audio and videoconference rooms distributed in branches in every Brazilian state and on certain premises located overseas. This low-cost solution reduces the costs of business travel. From the point of view of emissions, this initiative avoids the emission of 2,000 tons of CO2e per annum. When it is necessary to lease vehicles, BB requires them to be manufactured locally and that they are flex fuel (run on ethanol and gasoline). In 2014 BB changes the parameters for leasing vehicles so as to optimize travel and discourage the use of cars for short trips.
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Connected Branches

In 2014 BB concluded the program for modernizing teleconference rooms in 100% of the branches. Adapted to internal rules, these rooms are equipped with standardized facilities and high-standard infrastructure, besides being set up to receive new items of equipment. The higher availability of data, voice and security contributes to fewer deployments and speed of response in processes.

The Digital Image Clearing System (CDI), a process for digitalizing checks issued throughout Brazil and implemented in 2012, has eliminated around 1,000 overland journeys and 50 by aircraft, as well as the journeys by boats in certain regions of Brazil. As a result, BB has avoided emitting around 5,000 tons of CO2e per annum. GRI G4-EN19G4-EN30

Adding together the contributions of the conference rooms, the CDI system and the Authorized Direct Debit process (described in the section on Materials), it is estimated that around 27,000 tons of CO2e are avoided annually. For 2015, the adoption of the new model for shared mail pouch transportation (more in the section on Materials) should reduce daily journeys by between 15% and 20%, with a positive impact on Scope 3 emissions. GRI G4-EN19G4-EN30

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CO2 Emissions Inventory Emission Source 2013 2014 Variance  (%)
Scope 1 Own Vehicle Fleet (liters) 5,284 tCO2e
(Ethanol – 632,000)
(Gasoline – 2.90 million)
(Diesel – 55,000
5,008 tCO2e
(Ethanol – 578,000)
(Gasoline – 2.83 million)
(Diesel – 39,700)
(5.2)
Energy Generators (liters) 2,020 tCO2e
(Diesel – 803,000)
1,652 tCO2e
(Diesel – 609,000)
(18.2)
Biomass(1) 1,692 tCO2e 2,012 tCO2e 18.9
Scope 2(2) Energy Acquired (kWh) 68,774 tCO2e
(714 million)
98,982 tCO2e
(736 million)
43.9
Scope 3(3) Air Travel (tickets) 4,862 tCO2e(4)
(50,147)
5,815 tCO2e
(59,981)
20.0
(1) The amounts of the biomass sources take into account emissions avoided by substituting fossil fuels with renewable fuel.
(2) BB has been taking initiatives to optimize electricity consumption on all its premises, as well as monitoring consumption. In 2014 there was an increase of 3.1% in consumption due to the increase in operations. The higher GHG emissions observed in Scope 2 is due to the higher conversion factor of the National Interconnected System (SIN) in relation to the same period of the previous year on account of the constant use of thermoelectric power generators which are more pollutant and non-renewable sources.
(3) BB has made its employees aware, through the Eco-efficiency Program, of the need to adopt actions to mitigate GHG emissions. The use of 237 videoconference rooms implemented throughout Brazil has permitted the gradual reduction in the number of air tickets and GHG emissions arising from this source. The other sources of GHG emissions within Scope 3 of BB’s inventory are being accounted for, in accordance with the schedule of the Brazilian GHG Protocol Program, and will be made available to the general public on the program site www.registropublicodeemissoes.com.br.
(4) Re-presented on account of the audit of the emissions inventory undertaken following publication of the BB 2013 Annual Report. The information shown in this table reflects the data published by the Bank in the Brazilian GHG Protocol Program.

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Carbon Intensity of BB (GHG Emissions/gross revenue) 2012 2013 2014
Gross Revenue (R$ thousand) 133,668,279 144,849,582 235,464,709
Revenue from Financial Intermediation (R$ thousand) 104,525,000 113,997,000 147,026,911
Services Income (R$ thousand) 14,481,551 16,753,530 18,433,680
Banking Fee Income (R$ thousand) 6,586,614 6,546,984 6,636,276
Premiums Retained on Insurance, Pension Plans and Savingsbonds (R$ thousand) 22,622,502 29,424,629 37,975,934
Variance in Technical Provisions in Insurance, Pension Plans and Savings Bonds (R$ thousand) (14,550,388) (21,872,561) 25,391,908
GHG Emissions (tCO2e) 63,691 78,091 107,654
Scope 1 7,443 7,304 6,660
Scope 2 54.235 68,774 98,982
Carbon Intensity (tCO2e/R$) 0.00000048 0.00000050 0.00000046

In events BB neutralized its emissions at all six results presentations organized together with the Association of Investment Analysts and Capital Market Professionals (Apimec), totaling 5,406 kg of CO2e. Also neutralized were 368,125 kg of CO2 at several events of the Brazilian Volleyball Confederation (CBV), 13,618 kgCO2e regarding the 4th Brazil Values Award and 1,107 kgCO2e involving the V Workshop on Sustainable Development. Similarly, a project was developed to offset the carbon emissions of the Banco do Brasil Circuit that visited the cities of Salvador, Curitiba, Belo Horizonte, Rio de Janeiro, Brasilia and São Paulo: 600 tCO2e were offset by planting 3,000 saplings of Atlantic Forest trees in Quintino (RJ). All amounts have been certified by specialist companies and comply with the practices of integrity, additionality and the recommendation of ABNT standard NBR 15948:2011.

The Conference Rooms, the Digital Clearing-by-image System and the Authorized Direct Debit System Contribute To Reducing the Bank’s Ghg Emissions

Green IT GRI G4-EN7 G4-DMA Effluents and waste G4-DMA Overall

BB is a member of the Green IT working group of the FEBRABAN Social Responsibility and Sustainability Commission that discusses the disposal of electric and electronic waste in accordance with Law 12,305, which created the PNRS (National Policy on Solid Waste). BB is also a member of the Commission for Special Studies in Sustainable Procurement (CEE-277) of the Brazilian Technical Standards Association (ABNT), which sets out the principles and standards for sustainable procurement.

The purpose of the Green IT actions is to encourage efficient use of resources and minimize the generation of waste by applying information technology in eco-efficiency practices. As a result of these initiatives, there has been a notable reduction in energy consumption and carbon emissions.

IT equipment purchased by BB must comply with the RoHS (Restriction of Hazardous Substances) Directive restricting the use of certain toxic substances in electrical and electronic equipment, such as lead, mercury and cadmium. When acquiring microcomputers, ATM peripherals, branch concentration servers and printers, BB also requires suppliers to comply with Law 12,305/2010, which created the National Policy on Solid Waste.

When purchasing microcomputers, the power sources must have 80 Plus certification with active PFC and energy efficiency exceeding 85%. Currently around 47% of the bank’s stock of 150,000 microcomputers is equipped with this technology. Energy consumption savings are estimated at approximately R$17.5 million a year by using this equipment, when compared to conventional sources. Maximum energy consumption limits are stipulated when purchasing video monitors, ATM terminals, password dispensers and electronic treasurers, so as to improve energy efficiency.

The Oracle Sparc and IBM Power servers for the data centers use energy management that enables their processing cores to be automatically disconnected when not in use, thus reducing energy consumption. Furthermore, in 2014 BB implemented the automatic hibernation policy for 13,500 office microcomputers, representing 33% of the total number in this environment, with an estimated annual reduction in energy consumption of around R$3.7 million. Expanding this policy depends on technical assessments of processes that may possibly be reformulated.

During the year BB reviewed the projects for revitalizing the ICI-1 data center in Brasilia (DF), with regard to the use of more efficient equipment and LED technology. An additional two solutions were implemented to reduce energy consumption at the Digital Capital Datacenter: the no-break equipment now use Variable Module Management System (VMMS) technology that switches off modules on account of the load required; part of the lighting system allows the lights on premises to be automatically turned off.

Among the prospects for 2015 and years to come, worthy of mention is the consolidation of servers, which will reduce the number of servers and, consequently, the need for refrigeration and physical space. An automated infrastructure management solution for the data center will be acquired in 2015, reducing the operating costs at these facilities. BB is also looking at developing a document traffic platform for advertising agencies, reducing printed material.

Environmental Management System

GRI G4-DMA Compliance G4-DMA Overall G4-DMA Environmental grievance mechanisms

BB’s commitment to proper environmental management, lower impact and conservation of natural resources is evident from its management practices and recognized by the market. In 2014 BB was the highlight among the world’s most sustainable financial institutions in The Sustainability Yearbook, by Robeco SAM, the organization responsible for the Dow Jones Sustainability Index selection process. The Bank’s environmental performance also appeared among the best in the Newsweek Green Ranking, a biennial survey by US magazine Newsweek.

The Environmental Management System (SGA) brings together the initiatives taken to control the environmental impacts of the Bank’s activities. The SGA assumptions include employee training in socioenvironmental responsibility, disclosure of eco-efficiency concepts and practices, the adaptation of spaces and equipment in order to rationalize the use and consumption of goods, the analysis of processes from an eco-efficiency standpoint and the adoption of legal contractual requisites involving the environment. BB has enhanced its Environmental Management System and is seeking to certify its processes to ISO 14000, among other standards. (find out more in the box).

Under the Work Agreement (BB and ATB Synergy), BB measures the management performance at the branches against the established targets, which affects employees’ variable remuneration under statutory profit sharing (PLR). Statutory profit sharing requires a minimum score under the Work Agreement in which there is a specific environmental performance indicator, known as the EI-Footprint (Eco-efficiency Index – Environmental Footprint). By complying with this indicator the Branches receive additional bonus points to their performance scorecard.

Certifications

ISO 14001 – involving the Environmental Management System | Since 2009, BB has received certification for one of its administration buildings (the Altino Arantes building) located in the city of São Paulo (SP). It is currently in the process of certifying the technology Center and the Tancredo Neves Building, both in Brasilia (DF).

ISO 14064 – the voluntary greenhouse gas inventories protocol | In 2014 BB obtained certification, believing that proper management of greenhouse gas emissions results in a differentiating competitive advantage for investors, while facilitating the granting of carbon credits resulting from lower emissions or improvements in GHG sinks.

ISO 20000 – includes quality management in Information Technology services | In 2014 BB renewed its certification.

Leadership in Energy and Environmental Design (LEED) – involving sustainable construction | BB’s new headquarters, inaugurated in 2014, has been granted the seal of the US Green Building Council.

The EI Footprint consists of five sub-items (water consumption, energy, toner, paper and selective collection records) and reflects the best practices in corporate environmental management validated by the Dow Jones Sustainability Index (DJSI), by the Corporate Sustainability Index (ISE) of BM&FBOVESPA and by ISO 14001.

The Environmental Footprint Was Enhanced In 2014: Advances Included the Indicator Target Is Henceforth Defined on Account of Standards For the Size, Location and Scope of Each of the Bank’s Premises

By the end of 2014 BB had adopted the target of a 2% semi-annual reduction of the EI Footprint. In order to enhance the model, a study was undertaken that led to its being revised. Beginning 2015, advances include doing away with linear targets, with specific values according to the size, location and activities of each branch, among others. Thus the target is now defined as a function of consumption being equal to or less than the established standard. For each geographical region, a standard for water and energy consumption per employee per day was established. The paper consumption standard was set based on the number of transactions close by the branch.

Water GRI G4-EN8

As part of the Eco-Efficiency Program, BB is maintaining its Rational Water Usage Program (Purágua), under which it engages in awareness campaigns and actions for monitoring in-house consumption. In 2014, total water consumption was 1.9 million liters, 457,000 liters less than the year before. This reduction of 19% led to an average of R$5.9 million less during the period thanks to a series of initiatives aimed at conscientious use and water consumption management. GRI G4-EN27

The Water Management Panel was upgraded, providing a better quality data base. A mechanism was also developed for logging and investigating penalties arising from late payment of bills. The departments of the Bank also became involved in an internal awareness campaign announced in early 2015.

Energy GRI G4-EN3 G4-EN6 G4-DMA Energy

Since 2011 the Energy Management Panel has made available data referring to the Bank’s energy consumption. Total energy consumption in 2014 was up by 4.2% over 2013, amounting to 2,651 TJ. This increase can be attributed to the warmer weather and, when added to higher market tariffs, affected energy costs, which rose by 8.3% year-on-year, to R$25.4 million. In the case of direct energy diesel consumption for generators is monitored, and showed a decline of 25.9% in the period. Thus BB’s costs with this resource declined by 14% in relation to 2013, leading to a reduction of R$262,500 in expenses.

The Electrical Energy Conservation Program (PROCEN) centralizes the efficient energy consumption measures. Among the initiatives carried out during the year, worthy of note is the new external signage system using LED lamps, implemented as a pilot project at 11 BB branches. Besides being more resistant and with longer durability, these lamps consume 87% less energy than the signage used up until now. BB also enhanced its normative instructions on new building and refurbishments, including an Energy Efficiency Parameters manual that formalizes the instructions and parameters required for obtaining the Procel Seal.

The calculation of BB’s energy intensity rate was changed in 2014. The new rate is obtained using the ratio of energy consumption (in kWh) and employee headcount, resulting in 6,597 kWh per employee last year. GRI G4-EN5




Year-on-year comparison shows higher energy consumption due
to the much hotter weather
Gráfico Consumo Total de Energia


Diesel Oil Consumption by Type (liters) 2012 2013 2014
Diesel 641,312 368,931 333,168
S10 Diesel - 473,544 291,115
Total 641,312 842,476 624,283

Materials GRI G4-EN1G4-EN2

Consumption of materials at BB establishes socioenvironmental criteria for purchasing a range of items. In 2014 BB initiated its Logistics Efficiency Project with the aim of implementing a materials storage and distribution model to be shared with other banks. This initiative leads to gains in logistics, lower inventories and the optimization of the materials tracking process, in addition to lower acquisition costs from delivery to a single location.

Gráfico Consumo de Papel

BB offers a service for electronic delivery of registered bills for collection, known as Authorized Direct Debit (DDA). Launched in 2009, DDA is gradually replacing printed bills for collection with digital ones. The system currently has 6.7 million registered customers, and issued 383 million electronic payment slips annually. It is estimated that this volume mitigates greenhouse gas emissions of around 20,000 tCO2e.

Paper | Cerflor or Forest Stewardship Council (FSC) Certification is required, vouching for the fact that the cellulose bleaching process is chlorine-free. Materials made from recycled paper are also purchased, for example, brown envelopes, cardboard boxes and filing folders, which totaled 865 tons in 2014, accounting for 10.2% of the total Paper is the main material consumed by BB, with expenses amounting to R$56.7 million.

Plastics | In the case of items made of plastic, the material must be oxy-biodegradable, recyclable and atoxic.

Furniture | All wooden components must have Cerflor or FSC custody chain certification vouching for the origin of the material and sustainable stewardship.

The Logistics Efficiency Project Initiated In 2014 will Allow For Storage and Distribution of materials Shared With Other Banks, Leading to gains In Logistics, Better Traceability and Lower Costs

Waste GRI G4-EN23 G4-DMA Effluents and waste G4-DMA Products e services G4-DMA Compliance

The Selective Collection Program, created in 2008, consists of initiatives for managing non-hazardous recyclable solid waste generated on the Bank’s premises and forwarded for recycling. On those premises where the initiative is in progress, BB merely formalizes the contract with property cleaning and conservation companies that provide selective collection, so as to guarantee the effectiveness of the program. Currently implemented at over one thousand premises across Brazil, selective collective is being expanded as part of the BB Agenda 21 actions to all premises in Brazilian municipalities with organizations eligible for accreditation in accordance with Decree 5,940/2006, or in those capable of environmentally correct disposal of recyclable waste, in accordance with public policies and applicable current legislation.

Waste under the BB Selective Collection Program in 2014,  by Type (t)
Paper 18,284.7
Plastic 498.13
Metal 32.93
Glass 4.53
Total 18,820.26


Cartridge and Toner
Reconditioning Program (Prorec – units)
2012 2013 2014
Total Consumed 103,263 106,371 110,517
Volume Reconditioned 99,651 102,867 107,178
Percentage Reconditioned(1) 96.5 96.7 97.0
(1) The percentage informed is the result of comparing the consumption of reconditioned toner cartridges and the total toner cartridges consumed during the period.
GRI G4-EN23

Up to July 2014 BB had 109,826 used empty cartridges and cylinders in its storeroom that are not part of the program (colored cartridges or those of printers already replaced). These were commercialized under an administrative auction in August involving Brazilian reconditioning companies. The invitation to tender contained a specific clause regarding the environmentally correct disposal of this waste. Bearing in mind the average weight of an empty cartridge and the estimate that 50% of them are reused by reconditioning services, it is expected that 88 tons are destined for reuse, and an equal amount for recycling.

BB employs a Solid Waste Management System that uses a series of methodologies for integrated management of the impact of supplying goods and engineering. The purpose goes beyond waste reduction and the elimination of wastage, seeking to take advantage of the production cycle in order to reduce operating costs and the impact on the environment. For this reason, the consumption of inputs and the disposal of the waste generated by the BB’s production processes are monitored, systematically assessed and documented.



18,800 tons of waste were recycled under the BB Selective Collection Process in 2014

In the case of supplies of furniture, equipment for use and fixtures and fittings, the BB’s invitations to tender require the removal of packaging after installation or assembly, so that they are properly disposed of in accordance with Law 12,305/2010. No-break batteries, waste diesel oil and cooling liquid from the Capital Digital Datacenter are sent for recycling and disposal in compliance with environmental standards.

One of the new departures in 2014 was the requirement that new self-service terminals replace the polyurethane on the front panels with ABS (acrylonitrile butadiene styrene), which is recyclable. The panels must also be modular, permitting partial replacement in case of breakage or changes to components. Installation should begin in 2015, with significant impacts expected on waste generation, bearing in mind that the Bank has approximately 44,000 own ATMs.

Água Brasil (Brazil Water) Program

Transversely related to the Sustainability Plan – BB Agenda 21, the Brazil Water Program is the result of a partnership between BB, the National Waters Agency (ANA), FBB and WWF Brasil, and its focus is on the development of sustainable methods of production in the countryside, together with society. The objectives of this initiative consist of the conservation of seven micro water basins representing the Brazilian biomes through sustainable agriculture; encouraging a change in behavior and values with regard to urban solid waste in five cities of different sizes in different regions; dissemination of models and best practices involving water resources; enhancing socioenvironmental criteria in BB’s financing transactions and investments; and improvements to the business models and the portfolios of products and services.

The program is structured on four fronts – Socioenvironmental Projects (Water and Agriculture | Sustainable Cities), Risk Mitigation, Sustainable Businesses and Communication and Engagement – and the principal initiatives for each of these in 2014 are described below. In 2014 Brazil Water was chosen to take part in the 3rd edition of the publication Sustainable Management in Agriculture which was made available by the Ministry of Agriculture, Farming and Supply (MAPA) on its site. The initiative was also considered the highlight among BB’s sustainability practices, and led to the Bank being awarded, for the second year running, the Época magazine Green Company Award (published by Editora Globo). To get to know the Program better, its structure, partners and activities, access www.bb.com.br/aguabrasil. On the blog www.blogaguabrasil.com.br, one can accompany the facts and events in the locations served, as well as local and national engagement actions.

Socioenvironmental Projects – Water and Agriculture | 100,000 saplings were planted in four micro basins, while social technologies of FBB were also implemented (including biodigester septic tanks, cisterns, mini dams and seed houses) while 600 meters of the peri-urban stretch of the Santa Rosa water channel in the State of Acre were unblocked. Also, exemplary units of good farming practices were set up in the water basins of the rivers Guariroba (MS), Pipiripau (DF), Peruaçu (MG) and Longá (PI) and payments made for environmental services in the Cancã/Moinho (SP), Pipiripau (DF) and Guariroba (MS) water basins in support of the Water Producer Program of the ANA.

Socioenvironmental Projects – Sustainable Cities | This included the formal establishment of the Catapiri Waste Pickers Association in Pirenópolis (GO), with the local city hall making payment for environmental services (PSA) to the waste pickers during the Cavalhadas, a traditional cultural event in the region involving horse-riding skills. In Rio Branco, the capital of Acre, a Municipal Integrated Solid Waste Management Plan was drawn up. In addition, the State of Acre, like the city of Natal, in the State of Rio Grande do Norte, had its environmental footprint calculated. Actions were also taken involving mobilization and educommunication regarding responsible consumption, while organizational and economic advisory services were provided to cooperatives in the cities served by the program.

Risk Mitigation | The BB Sustainability Directives on Loans were published for the Transport and Oil & Gas sectors. Also, the directives for the Irrigated Agriculture and Pulp and Paper sectors were debated by specialists and stakeholders at an event in the São Paulo state capital. The Program also put on the workshop, Paths to Integration, with representative of financial institutions, and held a workshop with BB executives and analysts to discuss the methodology, The 2050 Criteria Report – a Guide to Responsible Financing of Farm, Forestry and Marine Commodities, extensively used by consultants and non-governmental organizations and increasingly adopted by banks and investors when analyzing agribusiness. This period also saw the publication of an academic study, in Portuguese, entitled Políticas Públicas para o Setor Financeiro que Promovam a Conservação do Capital Natural no Setor Agropecuário: Brasil, da Rio-92 à Rio+20 com uma Visão Prospectiva da Rio+50, at the 37th Edition of the FEBRABAN Coffee and Sustainability event, as well as the guidebook on Environmental, Social and Governance Integration for Banks: a Guide to Starting Implementation, by WWF International, with the support of Credit Suisse.

Sustainable Businesses | Water Brazil organized the workshop on Climate Change, Risks and Opportunities, so as to engage the BB internal stakeholders on this topic, its social, environmental and economic impacts, its implications for the financial industry and the role of the banks in this transition.

Communication | The actions were concentrated around environmental commemorative dates. On World Water Day, an awareness campaign involved internal and external stakeholders, including a promotional initiative for employees. The BB Concept Space in Brasilia put on educational workshops for children. In São Paulo, the Water Brazil Program was presented as a successful case study at the Water Forum: Strategic Management in the Business Sector, organized by the Business Council for Sustainable Development – Brazil (CEBDS). BB Volunteers were invited to plant seeds. To celebrate World Environment Day, an internet campaign was launched to provide tips on how to adopt sustainable habits. Internally, BB engaged in actions to mobilize its employees. International Volunteer Service Day, in turn, was noted for a campaign on Facebook. Users were invited to like the campaign page and share cards. With every click, a tree would be planted by the program up to a limit of 10,000 saplings in two water basins where the Brazil Water program operates.