Simpar (SIMH3), the parent company of eight independent companies operating in 16 sectors of the economy, has joined B3's Carbon Efficient Index (ICO2) for the first time.
The holding company now joins its subsidiaries Movida (MOVI3), which specializes in car rental, and Vamos (VAMO3), focused on heavy vehicle rental, which are already part of the index portfolio. The recognition reinforces the Group's commitment to best management practices and efficiency in reducing greenhouse gas (GHG) emissions.
Created in 2010, B3's ICO2 promotes transparency and efficiency in the management of GHG emissions. With an improved methodology in 2024, the index now offers the market a portfolio in which the total volume of GHG emissions is 88% lower compared to previous portfolios.
Simpar's inclusion in B3's ICO2 reinforces the recognition of its sustainable practices. The Group has the largest portfolio of companies in the Corporate Sustainability Index (ISE) from B3 and reached prominence in the Corporate Sustainability Assessment (CSA)The company's subsidiaries are among the highest rated in their respective sectors in Brazil. In 2023, it maintained a B grade in the Carbon Disclosure Project (CDP) and, since 2019, has been recognized with the Gold Seal in the Brazilian GHG Protocol Program.
Sustainability strategy
How holdingSimpar directs and coordinates actions to minimize the social and environmental impacts of the operations of its subsidiaries - JSL, Movida, Vamos, CS Brasil, Automob, Banco BBC Digital, CS Infra and Ciclus Ambiental.
The Group's strategy to combat climate change includes actions such as:
- Fleet renewal: prioritizing vehicles with low average age and advanced technologies;
- Use of ethanolpreference for using biofuel for internal supplies, with a communication campaign for consumers in B2C businesses;
- Telemetryimplementation of systems to improve driver performance, reduce fuel consumption and optimize fleet use;
- Renewable energy: increasing the share of renewable sources in the energy matrix.
- Waste recoverytransformation of organic waste into biomethane, energy and demineralized water by the Ciclus Rio bioenergy landfill in Seropédica (RJ), and conversion of the captured gases into carbon credits.
Read the full story at: Simpar joins B3's Carbon Efficient Index (ICO2)