In the 2015-2016 DJSI Emerging Markets, only two companies from the Forestry and Paper Products were selected from among the eight that competed: Fibria and Duratex, both from Brazil. The 2015/2016 portfolios of the Dow Jones Sustainability Index were announced on September 10thby RobecoSAM, a Switzerland-based independent firm focused on sustainable investments.
For Marcelo Castelli, CEO of Fibria, continuing in the DJSI Emerging Markets portfolio attests to the company's commitment to sustainability. "Fibria's continuation in the principal global sustainability index is recognition of the company's efforts in the environment, social and corporate governance areas and of our initiatives to mitigate the effects of climate change, besides contributing to improving our credibility among shareholders and investors," he said.
A world leader in eucalyptus pulp production, Fibria is a company that strives to meet the growing global demand for forestry products in a sustainable manner. With annual pulp production capacity of 5.3 million tons, the company has industrial units in the cities of Aracruz (Espírito Santo), Jacareí (São Paulo) and Três Lagoas (Mato Grosso do Sul), and in Eunápolis (Bahia), where it operates the Veracel plant through a joint venture with Stora Enso. In May 2015, Fibria announced the expansion of its Três Lagoas unit in Mato Grosso do Sul, which will receive a new line with the capacity to produce 1.75 million tons of pulp per year. The new line, which will receive investment of R$7.7 billion (around US$2.5 billion), is slated to start operations in the fourth quarter of 2017. Fibria has 968,000 hectares of forests, with 561,000 hectares of planted forests and 342,000 hectares of environmental preservation and conservation areas. The pulp manufactured by Fibria is exported to more than 40 countries.