{"id":3013,"date":"2021-04-01T13:12:45","date_gmt":"2021-04-01T16:12:45","guid":{"rendered":"https:\/\/votorantim2020.blendon.com.br\/?page_id=3013"},"modified":"2021-04-07T20:55:06","modified_gmt":"2021-04-07T23:55:06","slug":"the-investment-holding-company","status":"publish","type":"page","link":"https:\/\/votorantim2020.blendon.com.br\/en\/the-investment-holding-company\/","title":{"rendered":"The Investment Holding Company"},"content":{"rendered":"\n<p class=\"gri\"><span style=\"color:#0000be\" class=\"has-inline-color\">102-6 | 102-9 | 102-15<\/span><\/p>\n\n\n\n<p>With 103 years of history, Votorantim S.A. (Votorantim) is a Brazilian family-owned company with long term investments. Its portfolio companies operate in 19 countries in the building materials, finance, eletric power, metals and mining, orange juice, aluminum, long steel and real estate industries.<\/p>\n\n\n\n<p>In 2020, the portfolio was strengthened by the creation of Altre, which manages and develops Votorantim\u2019s properties and prospects for investment opportunities in the real estate sector <a href=\"https:\/\/votorantim2020.blendon.com.br\/en\/altre\/\" data-type=\"URL\" data-id=\"https:\/\/votorantim2020.blendon.com.br\/en\/altre\/\">(learn more<\/a>). <span style=\"color:#0000be\" class=\"has-inline-color\"><strong>102-1 I 102-2 I 102-4 | 102-5 I 102-6<\/strong><\/span><\/p>\n\n\n\n<p>Votorantim also maintains Reservas Votorantim, a strategic business that has high value creation potential and is responsible for managing the environmental assets of the portfolio and providing conservation services for land and water resources (<a href=\"https:\/\/votorantim2020.blendon.com.br\/en\/reservas-votorantim\/\">learn more<\/a>)<\/p>\n\n\n\n<p>The Center of Excellence (CoE), a hub for creating products and processes focused on data analytics use, innovation and technology, consolidates the operations of the Shared Solutions, Real Estate Solutions and Information Technology centers (<a href=\"https:\/\/votorantim2020.blendon.com.br\/en\/center-of-excellence-coe\/\">learn more<\/a>)<\/p>\n\n\n\n<p>To manage the social investments of the holding company and the portfolio companies, Votorantim works through the Votorantim Institute, which, in 2020, was responsible for coordinating their initiatives to combat COVID-19.<\/p>\n\n\n\n<p>Votorantim is headquartered in S\u00e3o Paulo, where it has a team of 72 employees. Including Instituto Votorantim, Reservas Votorantim, the CoE and the portfolio companies, it has approximately 34,400 direct and 10,300 indirect employees in 515 operating units. <span style=\"color:#0000be\" class=\"has-inline-color\"><strong>102-3<\/strong><\/span><\/p>\n\n\n\n<p>In 2020, despite the impact of the pandemic on the global economy, Votorantim recorded consolidated net revenues of R$\u00a036.7 billion and consolidated adjusted EBITDA of R$\u00a06.9 billion, which were higher than in 2019. At the end of the year, the consolidated net debt was R$\u00a011.3 billion, with leverage (net debt\/adjusted EBITDA) of 1.63x (<a href=\"https:\/\/votorantim2020.blendon.com.br\/en\/the-investment-holding-company\/economic-and-financial-performance\/\" data-type=\"URL\" data-id=\"https:\/\/votorantim2020.blendon.com.br\/en\/the-investment-holding-company\/economic-and-financial-performance\/\">learn more<\/a>). <span style=\"color:#0000be\" class=\"has-inline-color\"><strong>102-7 | 102-8<\/strong><\/span><\/p>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2>Values<\/h2>\n\n\n\n<p class=\"gri\"><span style=\"color:#0000be\" class=\"has-inline-color\">102-16 | 103-2 | 103-3<\/span><\/p>\n\n\n\n<p>Votorantim\u2019s values are the link between the values of the shareholder family and the business culture of each of the portfolio companies. During 2019 and 2020, these values were revised in a comprehensive process that involved representatives of the holding company and the portfolio companies, shareholders and external consultants, with the goal of better conveying the essence of Votorantim\u2019s culture, identity and DNA.<\/p>\n\n\n\n<p>Integrity, Collaboration and Courage make up V3, the simplest and most updated expression of Votorantim\u2019s values. V3 was unveiled to all employees in a virtual event, complemented by an institutional package that was sent to their homes. The visual identity of V3 is based on the image of a DNA that reflects what all portfolio companies and all people who are part of Votorantim have in common, and establishes a common way of doing business and interacting with society.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img loading=\"lazy\" width=\"746\" height=\"596\" src=\"https:\/\/votorantim2020.blendon.com.br\/wp-content\/uploads\/2021\/04\/votorantim-v3-en-v2.jpg\" alt=\"\" class=\"wp-image-4752\" srcset=\"https:\/\/votorantim2020.blendon.com.br\/wp-content\/uploads\/2021\/04\/votorantim-v3-en-v2.jpg 746w, https:\/\/votorantim2020.blendon.com.br\/wp-content\/uploads\/2021\/04\/votorantim-v3-en-v2-300x240.jpg 300w\" sizes=\"(max-width: 746px) 100vw, 746px\" \/><\/figure><\/div>\n\n\n\n<div style=\"height:25px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2>Social DNA<\/h2>\n\n\n\n<p>The Social DNA guides the social initiatives of the portfolio companies to ensure that they can leave a legacy of value creation to society, in line with the expectations of the shareholders. The DNA includes:<\/p>\n\n\n\n<ul><li>Finding solutions within and outside the company\u2019s boundaries and business models to embed social and environmental aspects into the core business.<\/li><li>Connecting people, skills, goals and economic partners to advance sustainable development.<\/li><li>Building bridges with local communities, creating democratic spaces for discussion.<\/li><li>Maintaining the United Nations (UN) Sustainable Development Goals (SDGs) as a guide for Votorantim\u2019s actions, scale of ambitions and visions.<\/li><\/ul>\n\n\n\n<p><\/p>\n\n\n\n<h2>Votorantim&#8217;s Identity<\/h2>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-columns\">\n<div class=\"wp-block-column\">\n<p><strong>At the right time<\/strong><\/p>\n\n\n\n<p>The right time means never missing an opportunity. Every day, we remember that today\u2019s decisions impact future results and we must think fast and act in a structured, strategic and assertive manner. We have an innovative mindset; we always look ahead. However, when looking to the future, we must be ready to question what is happening in the present. We must also be ready to respond to changes in the different sectors and countries where we operate.<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column\">\n<p><strong>The right way<\/strong><\/p>\n\n\n\n<p>For us, there is only one way of doing things: the right way. Our DNA carries a unique way of being and acting. We see our companies, our employees and society through the lenses of ethics and respect. We have significant expertise in investment and the knowledge we need to continuously improve and perform more responsibly.<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column\">\n<p><strong>With the right people<\/strong><\/p>\n\n\n\n<p>We have a clear commitment: to invest in the best of each one to achieve the best for everyone, because we believe in the strength of people and their potential to thrive. We are continuously moving forward, toward what is new. We positively influence our people through our inspiring leaders.<\/p>\n<\/div>\n<\/div>\n\n\n\n<p><\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>102-6 | 102-9 | 102-15 With 103 years of history, Votorantim S.A. (Votorantim) is a Brazilian family-owned company with long term investments. Its portfolio companies operate in 19 countries in the building materials, finance, eletric power, metals and mining, orange juice, aluminum, long steel and real estate industries. In 2020, the portfolio was strengthened by [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":2,"featured_media":3020,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"acf":[],"_links":{"self":[{"href":"https:\/\/votorantim2020.blendon.com.br\/en\/wp-json\/wp\/v2\/pages\/3013"}],"collection":[{"href":"https:\/\/votorantim2020.blendon.com.br\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/votorantim2020.blendon.com.br\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/votorantim2020.blendon.com.br\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/votorantim2020.blendon.com.br\/en\/wp-json\/wp\/v2\/comments?post=3013"}],"version-history":[{"count":37,"href":"https:\/\/votorantim2020.blendon.com.br\/en\/wp-json\/wp\/v2\/pages\/3013\/revisions"}],"predecessor-version":[{"id":5548,"href":"https:\/\/votorantim2020.blendon.com.br\/en\/wp-json\/wp\/v2\/pages\/3013\/revisions\/5548"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/votorantim2020.blendon.com.br\/en\/wp-json\/wp\/v2\/media\/3020"}],"wp:attachment":[{"href":"https:\/\/votorantim2020.blendon.com.br\/en\/wp-json\/wp\/v2\/media?parent=3013"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}