Subsidiaries JSL, Movida and Vamos are among the 44 Brazilian companies in the ranking
São Paulo, November 2024 - A JSL, Movida e Let's go, companies in the Simpar Groupare among the World's 500 Best Companies for Sustainable Growth 2025according to a ranking drawn up by magazine TIME together with Statista. The list highlights global companies that combine financial growth with sustainable environmental practices.
Pioneer and national leader in the rental of trucks, machinery, equipment and buses. Let's go conquered the 157th place of the ranking, and top among the "Transportation, Logistics and Aviation" companies. Ranked in the same category JSL, the company with the largest portfolio of logistics services in the country, occupied the 349th place of the ranking.
In turn, the Movida, a car rental company with the newest and most modern fleet in Brazil, appeared on the 218th position from the general list, forming part of the "Hospitality, Travel and Leisure" category.
The ranking is based on an analysis of three main data sources: Revenue Growth, Financial Indicators and Environmental Impact. It recognizes organizations that integrate business success with impactful sustainability initiatives. The full ranking is available on the website TIME.com.
Sustainable practices and growth
JSL
The company recently released its results for the third quarter of 2024 and recorded a net profit of R$ 72.2 million, which represents an increase of 25.3% compared to the same period last year.
JSL operates based on ESG principles and is part of B3's Corporate Sustainability Index (ISE). In addition to maintaining its own fleet of trucks and mechanical horses with an average age of 3.7 years - around six times lower than the average for the Brazilian fleet - the company invests in various social programs.
Among them is Women in Driving, which has already trained more than 150 women to work as truck drivers, large machinery operators and forklift drivers. Conectando Fronteiras, on the other hand, was launched in October this year with the aim of promoting the inclusion, employability and socio-economic integration of migrants and people in situations of refuge.
Movida
Movida's 3Q24 results brought record revenue, EBITDA and operating margins, reflecting the company's excellent performance. In the third quarter, the company recorded an adjusted net profit of R$ 91 million, reversing the previous year's loss and accumulating R$ 232 million in the first nine months of 2024. The quarter ended with a total fleet of 248,000 cars, consolidating the company's growth and efficiency.
With its sustainable practices, the company has reduced tCO² emissions by 39% per R$ million in net revenue since 2019. In addition, it was a pioneer among car rental companies listed on the stock exchange in issuing a Sustainability Linked Bond and achieving international B Corporation certification.
One of the highlights is the incentive to use Brazilian ethanol, a biofuel that is less polluting than gasoline, which is used in all of the fleet's internal refueling. In 2023, 50% of the kilometers traveled by customers were also powered by ethanol. In the same year, 59% of vehicle washes were carried out dry, resulting in savings of 257 million liters of water - the equivalent of 135 Olympic swimming pools.
Movida has also adopted energy-efficient practices. Between 2022 and 2023, it increased the number of units powered by solar energy from four to 58. In waste management, it achieved an average reuse rate of 83%, significantly higher than the sector average of 52%.
LET'S GO
A national leader in the rental segment, the company has more than 89% of leased fleet. In the third quarter of this year, VAMOS made a consolidated net profit of R$ 175.1 million, up 51.2% on 3Q23. With a fleet of more than 89,000 leased vehicles, the company totaled more than 51,000 assets, of which 79% are trucks and implements, and 21% correspond to machinery and equipment.
By encouraging fleet renewal, Vamos plays an important role in reducing pollutant emissions, since new vehicles can emit up to 60% less. In addition to the environmental impact, more modern trucks significantly increase productivity, allowing for 57% more mileage. These gains are also reflected in profitability: after replacing the truck, drivers' pay can increase by more than 50%, reinforcing the economic and social benefits of modernizing the fleet.
About Simpar
One of the largest business groups in the country, Simpar is an active holding company that experiences and contributes to each of its eight subsidiaries - JSL, Movida, Vamos, CS Brasil, Automob, Banco BBC Digital, CS Infra and Ciclus Ambiental. The holding company acts as a differentiating element in the sustainable development of the businesses which, with independent operations, work under a single management model, sharing the same corporate Culture and Values among its more than 56,000 employees. A member of B3's ISE portfolio, SIMPAR's management model is based on sustainable practices and strict governance in all its businesses. It operates throughout the country and in nine other countries, with operations in South America, Portugal and Africa. Simpar has been listed on B3 since 2010 (SIMH3). Find out more at: https://simpar.com.br.
About JSL
JSL (JSLG3) is the largest logistics services company in Brazil. JSL includes the companies Fadel, TPC, Transmoreno, Rodomeu, Marvel, IC Transportes, FSJ Logística and TruckPad, totaling 23,100 assets, 84 distribution centers and 1.4 million square meters dedicated to warehousing. With more than 30,000 employees, JSL is present in all Brazilian states and six other countries, operating in 16 sectors of the economy, where it participates in different stages of its customers' production chain with intelligence in logistics, efficiency and productivity in the use of assets with quality and absolute commitment to safety.
The company's corporate sustainability practices are reflected in different indexes, such as the B3 Corporate Sustainability Index (ISE), the Carbon Disclosure Project (CDP) and the Brazilian GHG Protocol Program. Website.
About Movida
Movida (MOVI3) is a car rental company that offers innovative urban mobility solutions for all kinds of needs. A pioneer in offering services such as monthly rental for individuals and pre-payment, it was the first car rental company in the country to go beyond the car, helping to revolutionize the rental sector in Brazil. In tune with the new times, it invests in sustainability, being the first car rental company in the world to be listed on the stock exchange to receive the B Company Certification, forming part of a select group of companies whose business model is social and environmental development. In Brazil, it was the first to have a program such as Carbon Free, which neutralizes the CO2 emissions of its clients' rentals.
In the market since 2006, Movida was acquired in 2013 by JSL, went public in February 2017 and today is one of the companies of SIMPAR S.A. With an innovative profile combined with strong corporate governance, it operates both in the retail market, with car rental, and in the corporate market, with fleet outsourcing for companies, as well as the sale of used vehicles. After several investments over the last four years, it has a fleet of more than 246,000 vehicles, 258 car rental stores and 89 used car sales points. More information on the Movida website: https://www.movida.com.br/.
About Vamos
Vamos (VAMO3) is a pioneer and national leader in the rental of trucks, machinery and equipment, with more than 51,000 assets in the rental segment and operations throughout the country. Controlled by Simpar (SIMH3), Vamos also has a wide network of stores, made up of 72 own-brand units for Transrio, Tietê Veículos (both Volkswagen Caminhões e Ônibus), Fendt (premium agricultural machinery), Valtra (agricultural machinery and equipment), Komatsu (distributor of yellow line machinery and equipment) and Toyota Empilhadeiras, as well as 16 used-vehicle stores.
In 2021, the company went public and in its first year on B3 it won ANEFAC's Transparency Trophy. In 2023, the company joined B3's Sustainability Index (ISE) and Carbon Efficient Index (ICO2) in recognition of its commitment to the ESG agenda. Find out more at www.vamos.com.br.