Cedro

Sustainability that transforms our industry and the society

We weave the future by transforming the present. Cedro operates a governance model that values business ethics, human capital, environmental preservation, and social transformation. Sustainability is a practical paradigm that is applied to every production stage. Our projects aim at benefiting people and the communities directly, contributing to a more thriving future. In 150 years of history, we are proud of our ability to transform reality and share development.

Sustainability
Dimensions

 Human Capital

Human Capital

1. Labor practices
2. Worker’s health and safety
3. Employees engagement, diversity and inclusion

Human capital is Cedro’s greatest asset. The company’s leading position and national and international recognition were only achieved through the contribution of thousands of workers.

Therefore, valuing these employees is an absolute priority. We continually invest in training, qualification programs, mechanisms for retaining talents and career plans. We seek to foster an increasingly harmonious and safe work environment by ensuring the well-being of our professionals.

It is also worth mentioning the participatory mechanisms and results-based rewards that recognize the main role of the company’s employees. Our strength is diverse, collective, and shared. In thousands of hands that guide us through each challenge.

 Social Capital

Social Capital

1. Human rights and relations with the community
2. Private social investment and corporate citizenship
3. Technical and economic accessibility
4. Product quality and safety
5. Sales practices and product labeling
6. Customer well-being
7. Customer privacy
8. Data security

A transformative business that multiplies benefits and changes realities in an inclusive way by respecting diversity. Cedro’s performance goes beyond its financial objectives. It aims at building a comprehensive, rewarding legacy, based on improving people’s lives.

The positive social impact is a consequence of the business itself, resulting in the generation of employment and income, economic activities in the locations where we are present and actions for communities. The desire to do more resulted in the creation of “Associação Cedro e Cachoeira” in 2011.

This entity undertakes actions of a social and environmental nature, promoting citizenship and partnerships with private entities and NGOs. Its “Semente Cedro” volunteering program includes several projects with extraordinary impact on the local reality.

 Corporate Governance and Senior Management

Corporate Governance and Senior Management

1. Fundamentals of corporate sustainability management
2. Risk management
3. Corporate governance practices
4. Business ethics
5. Maintenance of a competitive environment
6. Management of the legal and regulatory environments

Cedro is one of the oldest publicly traded companies in Brazil. Its shares have been listed in B3’s Level I of Corporate Governance since 2003. In 2011, we adhered to the “ABRASCA Code of Self-Regulation and Good Practices of Publicly Held Companies.”

The company’s control is performed through a Shareholders’ Agreement. Cedro’s strong governance structure comprises the following bodies: the Annual Shareholders’ Meetings, the Board of Directors and the Executive Board.

Their performance is independent and decentralized, with no overlapping of positions. The Chairman of the Board does not have an executive role in the company. This body has 3 committees: the Audit, Risk Management and Strategy Committee, the Governance and Compliance Committee and the Compensation, Assessment and Succession Committee. The meetings for assessment of our performance, risks, and opportunities are held weekly by the executive board, and monthly by the Board of Directors.

Also noteworthy is our Code of Conduct, established in 2005, which guides the beliefs, values and behaviors adopted in our company. Its compliance is ensured by the Conduct Committee, which is predominantly made up of company employees.

 Environment

Environment

1. Environmental Management Policies and Practices
2. Ecological impacts
3. Energy management
4. Water and liquid effluents management
5. Waste and hazardous materials management

Environmental protection is an essential and urgent agenda. At Cedro, it is a reality. Investments in the quality of life, the well-being of future generations and a sustainable production model are present throughout our operations.

We preserve an area of 5,600 hectares in one of the most important Brazilian biomes, in “Serra do Cipó.” We work with certified cotton; treat all effluents; consume less water than the industry average; have continuously reduced our CO² emissions in recent years; and continuously seek solutions to reduce possible impacts on the environment.

Cedro acts for changing paradigms by combining development and preservation in the essence of its operations, and sharing value for a future that everyone can be proud of. This is our responsibility and our commitment.

 Business Model and Innovation

Business Model and Innovation

1. Resilient business model
2. Product design and lifecycle management
3. Efficient sourcing and use of materials
4. Supply chain management
5. Sustainable finance

Resilience, versatility, and the ability to reinvent ourselves and win new markets are symbols of our trajectory. Accordingly, we have created two profitable business lines – Workwear and Jeanswear – in our search for sound financial results and potential for sustainable expansion.

Through our investment in research and development, new technologies and the latest techniques in the textile industry, we have created a true innovation ecosystem. The use of Lean Manufacturing practices has boosted our performance.

Efficiency is the principle that moves us in the design and life cycle of our products, the relationships with our suppliers and customers, and the management of our inventories and production processes, as well as in guaranteeing the solutions desired by the consumers, strengthening of the entire production chain of the textile sector, and placing ourselves as a quality benchmark in the domestic and international markets.

Our Seals