ReportAlert.info - Votorantim Industrial publishes Integrated Report 2013
The report provides financial and non-financial information on the organization
June 20, 2014 /3BL Media/ - At the end of May 2014 Votorantim Industrial (VID) released its fourth corporate report (PDF version). For the second year running it was published as the Votorantim Industrial Integrated Report. The report is available in its full version on the company's website at: www.votorantim.com/report
This report provides financial and non-financial information on the organization. It was prepared based on the most recent version (G4) of the Global Reporting Initiative (GRI) guidelines and the recommendations of the International Integrated Reporting Council (IIRC). It also considered the principles of the United Nations Global Compact and correlations with guidelines issued by the Organization for Economic Co-operation and Development (OECD).
The highlights for 2013 were:
- Consolidated net income of R$ 26.3 billion (14% higher than in 2012).
- Consolidated EBITDA of R$ 5.4 billion (19% higher than in 2012).
- Investments of R$ 2.4 billion.
- New corporate governance model announced in late 2013. Each of the Group's Industrial Companies will now have its own Board.
- Investments of R$ 626 million in environmental initiatives and projects; and R$ 61.5 million in 248 social initiatives, which benefited about 450 thousand people.
- The "Legado das Águas - Reserva Votorantim" (Water Legacy - Votorantim Reserve) project was inaugurated, reaffirming the Votorantim Group’s commitment to preserve one of the largest privately-owned conservation areas in the Atlantic Forest biome.
VID is the holding company for the Votorantim Group’s Industrial Companies and is one of the largest business conglomerates in Brazil. The Votorantim Group celebrated 95 years of history in 2013 and, besides Brazil, has a presence in a further 21 countries. The Industrial Companies operate in the sectors of: cement and other basic materials for civil construction; metals and mining; steel; pulp; orange juice; and energy generation and trading.
