PT

Annual Report
Integrated 2020

Relatório Anual
Integrado 2020

MESSAGE
FROM THE MANAGEMENT

Message

The year 2020 was a transformational one for SIMPAR and its subsidiaries. During the year, we completed our corporate restructuring and produced growth with higher profitability, even amid the context of the Covid-19 pandemic which tested and provided proof of the resilience and fundamentals of all our companies.

We emphasize that even amidst the challenges imposed by Covid-19, we put intensive work into making strategic movements in order to generate sustainable value for customers, shareholders, creditors, suppliers, employees and other stakeholders, while not losing focus of the quality of the services provided to our customers and the well-being of our employees and society.

Click here and read the full message.

SIMPAR

About SIMPAR

Founded in August 2020 following the corporate restructuring approved by the non-controlling shareholders of the JSL Group at the time, SIMPAR is a holding company that controls and manages six independent companies that are leaders or well placed in the segments in which they operate: JSL, Movida, Vamos, CS Brazil, Original Concessionárias and BBC Leasing & Conta Digital.

The new configuration aims to contribute to the development of the companies by preserving the values, management model and governance practices in order to perpetuate the sustainable generation of value. With this commitment, SIMPAR deploys its human, intellectual and organizational capital resources to command and control the execution of the business plans of its subsidiaries, in addition to evaluating new businesses and segments. Also, the subsidiaries have their own management teams whose work is customer-centric and based on clear targets and objectives that take into account environmental, social and governance (ESG) principles.

Values

SIMPAR believes that it can only generate value in a sustainable manner with differentiated personnel, customer loyalty, diversification, responsibility and hard work. Thus, it maintains the following non-negotiable values:


Profit – Fundamental for the growth and sustainable development of the business.


Devotion to Serving – We serve our customers, focused on understanding and attending to their needs to ensure a continuous relationship.


Simplicity – An uncomplicated
way of being and working.

Devoção por Servir - Servimos nossos clientes com foco em entender para atender às suas necessidades, assegurando o contínuo relacionamento
Simplicity – An uncomplicated way of being and working.
Sustentabilidade - Atitudes ecologicamente corretas, socialmente justas e economicamente viável
People – Our major differential, allowing us to achieve our objectives.
Atitude de Dono - Responsabilidade e comprometimento com foco nos resultados. Age com profundidade e tem áa visão do todo, tem disciplina de custos e está sempre disposto a melhorar
Lucro - Fundamental ao crescimento e desenvolvimento sustentável dos negócios

Values


Sustainability – Attitudes that are environmentally correct, socially just and economically viable.


Owner’s Attitude – Results-focused Accountability and Commitment. Taking an in-depth approach while seeing the big picture, strict cost control and always willing to improve.


People – Our major differential, allowing us to achieve our objectives.

Timeline

The SIMPAR story began with the pioneering spirit and innovative approach to business of Portuguese immigrant, Julio Simões who, in 1956, founded Transportadora Julio Simões Ltda. – nowadays JSL. That year, Julio Simões purchased his first truck to transport vegetable products, and shortly afterwards he began transporting inputs for the paper and pulp industry for a customer who to this day is a loyal user of the services provided, integrating part portfolio for more than 60 years. It was the beginning of the history of the company that has contributed to Brazil’s development.

See, on the screen below, the main points of this story

Click here to learn more about SIMPAR and its subsidiaries.

VALUE
GENERATION

Capital management

The SIMPAR business model aims to measure and demonstrate how its managerial capacity and the businesses of its subsidiary companies affect stakeholders. It also demonstrates the ability of the holding company to create positive value over time. To that end, it shows the capital resources used as inputs (when the creation of value begins), the company's values and intangible assets (at the center of the model), and the positive impacts that the businesses and activities have (the value created based on the capital resources used).

Click here to read about the intangible assets and SIMPAR'S actions against Covid-19.

Business model

Capital as an input

Human capital

  • Qualified workforce
  • Engaged leaders who are aligned with its values

Financial capital

  • Access to the capital markets
  • Investments in highly liquid operating assets
  • Investment in subsidiaries listed on B3
  • Portfolio of companies with strong growth potential

Intellectual and organizacional capital

  • Experience in the maintenance and depreciation of operating assets
  • History of incorporating the companies acquired
  • Leading or well-positioned brands in the sectors in which they operate
  • Serving customers with technology platforms and digital solutions
  • Ability to develop processes and obtain financial results in order to take the subsidiaries public (IPO)

Social and relationship capital

  • Service DNA, with the focus on obtaining customer loyalty through equitable business relationships
  • Relationship of trust with shareholders, suppliers and creditors
  • Social investments through the Julio Simões Institute

Business model

Capital as value created

Human capital

  • Ligado em Você Program: Support for psychological, social or medical problems which, in 2020, also monitored employees with Covid-19 symptoms, providing the necessary round-the-clock support and guidance
  • Digital financial services: BBC Conta Digital, to enhance the drivers’ relationship with the banking industry
  • Commitment to diversity: 60% of employees are Afro/brown-skinned

    Financial capital

  • Record Adjusted Net Income: R$ 522.1 million
  • Record Adjusted EBITDA: R$ 2.3 billion
  • SVA:
    Personnel and payroll charges – R$ 1,478 million
    Federal Taxes – R$ 514 million
    State Taxes – R$ 422 million
    Municipal Taxes – R$ 82 million
    Interest and bank charges – R$ 1,054 million
    Leases – R$ 48 million
    Dividends and interest on own capital in the period – R$ 98 million
    Retained earnings – R$ 300 million
    Total value added to be distributed – R$ 3,995 million
    Dividends distributed: Total gross amount of R$ 24 million (representing R$ 0.116607945 per share)
Business model

Capital as value created

Social and relationship capital

  • Optimization of customers’ businesses
  • Economies of scale and productivity for customers
  • Transparent participation in procurement/tender processes: Maintenance of a Policy on Participation in Procurement/Tender Processes| Monitored bidding room with secure, controlled access and rollout in 2020 of the Transparency Portal at CS Brasil
  • Rapid steps taken to minimize the effects of Covid-19: Donation of around R$ 13.7 million in food baskets, purchases of PPE kits and distribution logistics that benefited close to 5 million people

Natural capital

  • Efficient management: Emissions Management Program, with a 22.82% reduction in direct GHG emissions| Two branches certified to ISO 14001, with key performance indicators and established energy efficiency targets
  • Commitment to the mitigation of climate change: Macro reduction target of a 15% in GHG emissions between 2021 and 2030
  • Rational consumption of resources: 84.20% of the energy consumed is from renewable sources | 83.6% of total waste not earmarked for final disposal (recycled, reused or treated) | Seven branches and stores with closed cycle water treatment systems – once treated, water returns to the operations

2020 HIGHLIGHTS

Intellectual and organizational capital

Development of strategic goals and objectives, factoring in a period of three years to take effect in the short and medium terms

4 Working Groups (WGs) focused on sustainability, with the participation of employees from a range of departments

Executive meetings to deal with countering climate change and discussing Environmental, Social and Governance (ESG) issues on the financial market

Companies that are early movers and deal with ESG challenges in their sectors will always be more structured and financially healthier

All operations assessed for risks related to corruption

Fiscal Council consisting exclusively of independent members

Maintenance of a robust Integrity Program

Human capital

Actions dedicated to perpetuating the Group culture

Over 21,000 in-house employees and 844 contractors

Integrated Management System (IMS) – certified to ISO 9001 and ISO 14001

3,476 internal promotions

The Ligado em Você Program to promote a more human and productive work environment. More than 4,000 people were attended to at the height of the pandemic.

Social and relationship capital

17,927 suppliers in the procurement base

72% of purchases from local companies

Maintenance of the Julio Simões Institute to create value in the communities

Approval of the Social Investment Policy

Over R$ 301,000 raised in the Caminho do Bem campaign, 27.7% more than in 2019

Natural capital

Greenhouse Gas (GHG) Emissions Program to measure and mitigate the environmental impact of the business

Emission reduction targets in scopes 1, 2 and 3

Reduction of 22.82% in direct Greenhouse Gas Emissions

Controlled through the low average age of the fleets – one of the youngest in Brazil

83.6% of total waste reused, recycled or treated using another type of recovery

Financial capital

Record Adjusted EBITDA of R$ 2.3 billion

Record Gross Revenues de R$ 10,9 billion

Record Adjusted net income of R$ 522.1 million

Gross investment of R$ 5.8 billion, of which R$ 3.4 billion in expansion and R$ 2.4 billion in renovation

INTELLECTUAL AND ORGANIZATIONAL CAPITAL


Strategic management

In every deal and relationship, SIMPAR bases its management on People, Culture and Values – a tripod structure which, rooted in best corporate governance practices and strong cash generation, represents huge potential for sustainable growth. The holding company has been structured to contribute, support and accompany the planning, execution and achievement of the targets of all subsidiaries, which have independent governance and boards of directors.

Strategic positioning


To evaluate, score and contribute to the development of human capital, ensuring the alignment and quality of people management at the subsidiary companies.


To create models and processes that ensure the perpetuation of the teams’ values, culture and training.


To contribute to creating workforces consisting of excellent professionals in their fields of operation and consequent returns for the business.


To preserve the values, the management model and governance practices.


To foster the generation of sustainable value for shareholders, customers and society.


To command and control the implementation of its subsidiaries’ business plans and to develop new businesses and segments of operations.


To ensure the feasibility of the capital structure for the development and transformation of the corporation.


To plan and monitor the financial performance of the companies in the portfolio.


To constantly monitor the use of resources and the returns at the subsidiary companies.


To oversee the activities of the investor relations area, with the emphasis on ethical and transparent relationships.

Click here for more information about the SIMPAR’s sustainable growth strategy.

Sustainability management

Sustainability is intrinsic to the operations of SIMPAR, and it takes into account in the management and business of the subsidiaries the creation of value in the environmental, social and economic spheres. One of the company’s values is growth with sustainability, looking after its own resources and those of its stakeholders, and it believes that, bearing in mind the possibilities for generating positive impacts, the companies must support the transformations that society needs for a prosperous future, with less inequality, and environmental equilibrium. In this respect, it set up in 2020 a Sustainability Committee, in addition to maintaining Working Groups (WGs) dedicated to the issue, a Corporate Sustainability Department and a Sustainability Policy.

Click here for more information about how SIMPAR factors sustainability into its management processes and those of its subsidiaries.

Risk management

SIMPAR’s risk management methodology has been systematized in its own policy that establishes the principles, guidelines and responsibilities to be respected in the corporate risk management process, to enable proper identification, evaluation, treatment, monitoring and communication of the risks for which protection is sought and which could affect the strategic plan. The objective is to manage the appetite for taking risk within the decision-making process, seeking to deliver what was planned, in addition to the creation, preservation and growth of value.

Risk analysis

Impact

Description

High

Serious consequences for the company if the risk is incurred

Medium

Medium consequences for the company if the risk is incurred

Low

Minor consequences for the company if the risk is incurred

Probability

Description

High

High It is almost certain that the risk will happen

Medium

Medium The risk is more likely than not to happen

Low

Low Chances of the risk occurring are low

Click here for more about SIMPAR’s risk management process.

Corporate governance

SIMPAR maintains a robust corporate governance structure and, since 2010, has been listed on the Novo Mercado section of B3, the Brazilian stock exchange. Consequently, it adopts the highest standards of transparency, equity, corporate accountability and integrity. Besides enabling the preservation our values and differentiated management model, this commitment qualifies decision making and allows for modern strategic planning that reflects best market practices.

  • Business guidelines, targets and strategies are always supervised by the Board of Directors of each subsidiary.
  • The person responsible for executing and delivering the plan approved by the Board of Directors will always be the chief executive officer (the business owner) and his business leaders (owners of the businesses).
  • The Chief Executive Officer and leaders of SIMPAR are always sufficiently close to support, follow up and monitor the business plan while contributing to the sustainable corporate transformation of all the businesses through people, strategic planning, capital and controls that ensure that value is generated for customers, employees, society and the shareholders.
Conformity

With this structure, SIMPAR aims to encourage and promote constant enhancement of governance in its portfolio. To that end it also maintains a robust Compliance Program based on the Clean Company Law and on the best practices proposed by the Office of the Federal Comptroller-General (CGU), while providing support for the relations and businesses of the SIMPAR companies. Under the responsibility of the CRC Department, the aim of the Program is to prevent, detect and remediate the occurrence of deviations, frauds, irregularities and illegal acts, primarily in where the government is concerned, while strengthening the ethical principles and standards of transparency.

Click here for more about SIMPAR’s corporate governance instances and processes, as well as its commitment to ethics.

HUMAN CAPITAL

Employee management

At the end of 2020, bearing in mind the subsidiary companies, SIMPAR had a workforce of over 21,000 of its own employees – of which 83% men and 17% women – and 844 outsourced staff. The search is for professionals who identify and embrace the values of the holding company, in order to ensure that the essence that facilitated the sustainable development of the business over recent decades is maintained.

Number of employees by gender

Valuation

In this respect, valuing people is one of the priority themes at SIMPAR which, in March 2020, launched the Respecting Diversity Program with aim of fostering a more inclusive and diverse work environment.

In addition to the corporate restructuring and the constitution of the People Committee, SIMPAR’s objective over the years to come is >to structure career paths and a leadership development plan. In the short term, the emphasis is on drawing up a development and training plan for the lower echelon professionals in preparation for attaining new leadership positions, thereby growing jointly with the subsidiaries and the holding company itself.

Furthermore, since 2015 there has been an Integrated Management System (IMS) - certified to ISO 9001 and ISO 14001, and the intention is to obtain in 2021 ISO 45001 for health and safety – by mapping all processes within the various operations and the procedures, guidelines and policies, in addition to the preventive and corrective actions for preserving occupational health and safety.

Click here and read the full chapter.

SOCIAL AND RELATIONSHIP CAPITAL

Supplier management

Following significant progress in managing the production chain in 2019, within the scope of the Supplier Management Project, in 2020 SIMPAR improved its supplier selection process by introducing vetting in which social aspects are evaluated. A further advance during the year was the corporate restructuring, with strong companies under the umbrella of the same holding company, guaranteeing a robust cash structure, security in its relations with suppliers and greater bargaining power.

The company conducts its business in a way that boosts the development of the states where its subsidiaries operate, for which reason partnerships with local companies receive priority. So much so that, in 2020, of total purchases and expenditures on services, 72% were with local suppliers (in the states where the Group’s branches are located). Besides this commitment, and with a view to maintaining the excellence of its production chain, SIMPAR requires its partners to adhere to socioenvironmental requisites, respect for human rights and high standards of labor and healthcare.

Click here and read the full chapter.

Social management

Through the Julio Simões Institute, SIMPAR and its subsidiaries channel social investments that improve the relationships with the communities while fostering the creation of value in the locations where they are present.

For its actions to be effective, the company adopts engagement plans and assesses the impact of its Group’s operations while also maintaining complaints channels for communicating with local communities. Metrics are also applied to the corporate programs, and these are evaluated using specific indicators. To that end, a diagnosis carried out in 2019 served as the basis, em 2020, for mapping the needs of the municipalities in order to structure action plans focused on sustainable development.

Moreover, SIMPAR and its subsidiaries are signatories to commitments intended to generate socioenvironmental value, and they continue to endorse institutions and initiatives with which they share the ideals of sustainable development.

Commitments


The Global Compact and the UN: The company became a signatory to the United Nations Global Compact in 2014. Additionally, SIMPAR participates in the Integrity Working Group of the UN Global Compact – Brazil Network.


Movimento Mulher 360: SIMPAR signed up, in 2019, to the Movimento Mulher 360 whose aim is to contribute to the economic empowerment of Brazilian women by fostering, systematizing and disclosing advances in business policies and practices, with the emphasis on engaging the Brazilian business community and society in general on the issue.


Business Pact for Integrity and Against Corruption: SIMPAR will formally adhere to the Business Pact for Integrity and Against Corruption, of Instituto Ethos, in 2021.

Pacto Global e ONU: A companhia se tornou signatária do Pacto Global das Organizações das Nações Unidas (ONU) em 2014. Além disso, a SIMPAR participa do Grupo de Trabalho de Integridade do Pacto Global da ONU – Rede Brasil.
Movimento Mulher 360: A SIMPAR se associou em 2019 ao Movimento Mulher 360, que visa contribuir para o empoderamento econômico da mulher brasileira por meio do fomento, da sistematização e difusão de avanços nas políticas e práticas empresariais, com foco no engajamento da comunidade empresarial brasileira e da sociedade em geral no tema.
Pacto Empresarial pela Integridade e Contra a Corrupção: A SIMPAR formalizará à adesão ao Pacto Empresarial pela Integridade e Contra a Corrupção, do Instituto Ethos, em 2021.
GHG Protocol: Em 2019, a SIMPAR tornou-se membro do GHG Protocol. O GHG é uma ferramenta utilizada para entender, quantificar e gerenciar emissões de GEE. O inventário da SIMPAR está disponível para consulta do público em geral, reforçando a transparência na divulgação das emissões de suas controladas.
Instituto Liberta: A SIMPAR é parceira do Instituto Liberta, que tem como missão o enfrentamento da exploração sexual de crianças e adolescentes no Brasil.

Commitments


GHG Protocol: In 2019, SIMPAR became a member of the GHG Protocol. The GHG Protocol is a tool used for understanding, quantifying and managing GHG emissions. SIMPAR ‘s inventory is available for consultation by the general public, reinforcing transparency in the disclosure of its subsidiaries’ emissions.


Liberta Institute: SIMPAR is a partner of Liberta Institute whose mission is to counter the sexual exploitation of children and adolescents in Brazil.

Click here and read the full chapter.

NATURAL CAPITAL

Environmental management

SIMPAR, in its activities as a holding company, causes no significant environmental interference. However, on account of the activities of the companies in the portfolio, the company maintains corporate processes, guidelines and programs that aim to mitigate adverse impacts on the environment and the adoption by its subsidiaries of best practices.

Decarbonisation strategy

Among the impacts arising from the operations of its portfolio, SIMPAR believes the most sensitive to be those related to climate change. Thus, the issue appears in the Sustainability Policy, where the focus is on the strategic discussions held each month by the sustainability committees, and submitted on a quarterly basis to the Board of Directors. This issue is primarily managed within the scope of the Greenhouse Gas (GHG) Emissions Program. The company’s objective is to measure the actual environmental impact of its business, primarily within the context of the discussions about emission reduction plans in various forums around the world. In this respect, the company draws up an emissions inventory based on the international methodology of the GHG Protocol. In addition to publishing the study, there are reduction targets that encompass scopes 1, 2 and 3 – the latter being somewhat challenging because it refers to emissions by outsourced fleets. In this case, the company is striving to enhance its influence, while monitoring and engaging with the entire value chain.

Decarbonization strategy

  • The potential for acquiring electric and biomethane-powered vehicles.
  • Migration from consumption of gasoline to ethanol.
  • Implementation of mechanisms for incentivizing and ensuring use of ethanol instead of gasoline.
  • Installation of telemetry technology in the largest portion of the fleet, to improve the driver’s performance and reduce fuel consumption.
  • Expand the share of renewable energy sources in the energy matrix, allowing emissions to be significantly reduced.
  • Promoting the reduction of CO2 emissions by implementing new technologies like diffusors for installation on gasoil vehicles, enabling a clean explosion in the engine.
  • Optimization of operations, making them more efficient and investing in better technologies and maintenance.

Risks and opportunities

Additionally, climate-related risks and opportunities also influence financial planning at SIMPAR. Expenditures, allocation of and access to capital, as well as acquisitions and divestments, are evaluated at planning time and are related to climate risks.

Click here for more about SIMPAR’s environmental management and performance focused on reducing the impacts arising from the consumption of natural resources.

FINANCIAL CAPITAL

Economic and financial performance

Focused on the sustainable generation of value and predicting a dynamic, constantly changing business environment, in 2020 SIMPAR continued to focus on the development of its subsidiaries operating in sectors with huge growth opportunities. The company has the expertise for defining investments and dividend policies for the entire portfolio, always in compliance with the applicable laws and regulations. Thus, during the year it booked record Consolidated Net Income and EBITDA, in addition to having registered Gross Investment of R$ 5.8 billion, of which R$ 3.4 billion in expansion and R$ 2.4 billion in renovation.

Distribution of added value (%)


Click here for more about the SIMPAR’s economic and financial performance in 2020.

ABOUT THIS REPORT

Transparency in reporting

The Integrated Report of SIMPAR combines socioenvironmental, management and performance information of the holding company, which was created in 2020 following the corporate restructuring of the JSL Group. The document presents a consolidated picture of the key results of the six subsidiaries – , JSL, Movida, Vamos, CS Brasil, Original Concessionárias and BBC Leasing & Conta Digital – and highlights the corporate management of over 21,000 employees.

Reflecting continuous transparency and evolution, the report was drawn up based on the most recognized global reporting practices, while the content followed a materiality process for presentation of the most important issues and information to SIMPAR’s stakeholders.


Click here for more about the process for preparing the SIMPAR Integrated Report 2020.

Material issues

Annual Report Integrated 2020

Message from the management

Message

The year 2020 was a transformational one for SIMPAR and its subsidiaries. During the year, we completed our corporate restructuring and produced growth with higher profitability, even amid the context of the Covid-19 pandemic which tested and provided proof of the resilience and fundamentals of all our companies.

We emphasize that even amidst the challenges imposed by Covid-19, we put intensive work into making strategic movements in order to generate sustainable value for customers, shareholders, creditors, suppliers, employees and other stakeholders, while not losing focus of the quality of the services provided to our customers and the well-being of our employees and society.

Read more



SIMPAR

About SIMPAR

Founded in August 2020 following the corporate restructuring approved by the non-controlling shareholders of the JSL Group at the time, SIMPAR is a holding company that controls and manages six independent companies that are leaders or well placed in the segments in which they operate: JSL, Movida, Vamos, CS Brazil, Original Concessionárias and BBC Leasing & Conta Digital.

Read more



Value generation

Capital management

The SIMPAR business model aims to measure and demonstrate how its managerial capacity and the businesses of its subsidiary companies affect stakeholders. It also demonstrates the ability of the holding company to create positive value over time. To that end, it shows the capital resources used as inputs (when the creation of value begins), the company's values and intangible assets (at the center of the model), and the positive impacts that the businesses and activities have (the value created based on the capital resources used).

Read more



2020 Highlights

Read more



Intellectual and organizational capital

Strategic management

In every deal and relationship, SIMPAR bases its management on People, Culture and Values – a tripod structure which, rooted in best corporate governance practices and strong cash generation, represents huge potential for sustainable growth. The holding company has been structured to contribute, support and accompany the planning, execution and achievement of the targets of all subsidiaries, which have independent governance and boards of directors.

Read more



Human capital

Employee management

At the end of 2020, bearing in mind the subsidiary companies, SIMPAR had a workforce of over 21,000 of its own employees – of which 83% men and 17% women – and 844 outsourced staff. The search is for professionals who identify and embrace the values of the holding company, in order to ensure that the essence that facilitated the sustainable development of the business over recent decades is maintained.

Number of employees by gender

Read more



Social and relationship capital

Supplier management

Following significant progress in managing the production chain in 2019, within the scope of the Supplier Management Project, in 2020 SIMPAR improved its supplier selection process by introducing vetting in which social aspects are evaluated. A further advance during the year was the corporate restructuring, with strong companies under the umbrella of the same holding company, guaranteeing a robust cash structure, security in its relations with suppliers and greater bargaining power.

The company conducts its business in a way that boosts the development of the states where its subsidiaries operate, for which reason partnerships with local companies receive priority. So much so that, in 2020, of total purchases and expenditures on services, 72% were with local suppliers (in the states where the Group’s branches are located). Besides this commitment, and with a view to maintaining the excellence of its production chain, SIMPAR requires its partners to adhere to socioenvironmental requisites, respect for human rights and high standards of labor and healthcare.

Read more



Natural capital

Environmental management

SIMPAR, in its activities as a holding company, causes no significant environmental interference. However, on account of the activities of the companies in the portfolio, the company maintains corporate processes, guidelines and programs that aim to mitigate adverse impacts on the environment and the adoption by its subsidiaries of best practices.

Read more



Financial capital

Economic and financial performance

Focused on the sustainable generation of value and predicting a dynamic, constantly changing business environment, in 2020 SIMPAR continued to focus on the development of its subsidiaries operating in sectors with huge growth opportunities. The company has the expertise for defining investments and dividend policies for the entire portfolio, always in compliance with the applicable laws and regulations. Thus, during the year it booked record Consolidated Net Income and EBITDA, in addition to having registered Gross Investment of R$ 5.8 billion, of which R$ 3.4 billion in expansion and R$ 2.4 billion in renovation.

Read more



About this report

Transparency in reporting

The Integrated Report of SIMPAR combines socioenvironmental, management and performance information of the holding company, which was created in 2020 following the corporate restructuring of the JSL Group. The document presents a consolidated picture of the key results of the six subsidiaries – JSL, Movida, Vamos, CS Brasil, Original Concessionárias and BBC Leasing & Conta Digital – and highlights the corporate management of over 21,000 employees.

Reflecting continuous transparency and evolution, the report was drawn up based on the most recognized global reporting practices, while the content followed a materiality process for presentation of the most important issues and information to SIMPAR’s stakeholders.

Read more



Annual Report
Integrated 2020