Commitments

TCFD

A global initiative created in 2015 by the Financial Stability Board (FSB), the Task Force on Climate-related Financial Disclosure to consolidate standard recommendations that allow companies to identify, measure, and disclose how they manage the risks and opportunities from climate change, linked to four dimensions. Understanding the topic's relevance, we intend to initiate the necessary studies to analyze the risks and opportunities of climate change for Even's business, seeking to incorporate the Climate aspect directly into the organization's risk matrix.

Currently, ESG and Climate Change actions are reported through the Internal Audit Committee. With the continuity of the calculation and disclosure of the Emissions Inventory, we intend to include as a fixed agenda the supervision of the topic by the Board of Directors. We have corporate goals linked to the Annual and Sustainability Report (RAS 2021) and goals in Quality and Sustainability. Part of the Profit Sharing Program (PLR) is linked to meeting Emission Neutralization targets.

One of the ESG Committee's roles is to implement a defined process to incorporate the risks of Climate Change into the Company's risk matrix. The process for this is in progress with the Executive Board and the Board of Directors. After the publication of Resolution 87 by the Securities and Exchange Commission (CVM), on February 31, 2022, simplifying the requirements for disclosing information from issuers, we understand that it is necessary to provide more details on the TCFD dimensions, since, from 2023, the Sustainability report should consider the Task Force's recommendations or financial disclosures from other recognized entities, referring to the topic.

Climate risks and opportunities have influenced our strategy, and we will develop a transition plan. We are in the process of resuming the calculation of the GHG Emissions Inventory (following the methodology of the GHG Protocol, ABNT ISO 14064, and Sinduscon Methodological Guide), with the mapping of the value chain and the identification of concrete action strategies aimed at a transition plan to a 1.5°C world.

A sustainability strategy is being developed, in which climate scenarios will be considered in the medium term. We intend to use climate scenario analysis to define our Strategic Plan for the coming cycles. We are in the study phase, so the Climate topic is directly linked to the organization's risks.

We plan to introduce a goal in the coming years, with a forecast decrease of up to 5% in the relative emission index (kg CO2e/m²) in the medium term and 10% in the long term, considering Scope III and Curve A as the main emission sources (Steel, Cement, and Concrete). We aim to neutralize all Scope I, II, and III emissions in all works to be delivered.