We are ready to contribute to the energy transition and food security on a global scale
and we have the strategic support of investors to enable our business model. We have the security and steady growth of an avant-garde company that inspires society, delivers solid results and continues to innovate.
Financial
Information
In addition to a business model that is considered unique in the sugar-energy sector, Copersucar has also structured a transparent corporate governance model that incorporates the best market practices.
All our companies have the highest standard of corporate governance
Copersucar adopts the best corporate governance practices in the market, following the highest standards of transparency in its management, based on the guidelines of the Code of Best Corporate Governance Practices of the Brazilian Institute of Corporate Governance (IBGC).
Governance Bodies – Copersucar S.A.
Organizational Structure
Executive Board
Board of Directors
Luís Roberto P.
Alberto F. (Independent Board Member)
Britaldo P.
Carlos D.
Carlos Ubiratan G.
Clésio Antonio B.
Florêncio Q.
Gastão M.
Leopoldo T.
Luiz Roberto K.
Pablo R. (Independent Board Member)
F.A.Q.
Governance and shareholding base
How is Copersucar S.A. governed?
Copersucar S.A. has the best corporate governance standards in the market, with a professional management structure, a Board of Directors, an Advisory Council, Advisory Committees (Finance, Audit, Risk, Human Resources and Sustainability) and a Fiscal Council.
Ecosystem and business model
What are the main products and markets in which Copersucar S.A. operates?
Copersucar S.A. operates with the following products and markets:
- Sugar: White Sugar and Raw Sugar, marketed in Brazil and in more than 70 countries.
Ethanol: Anhydrous Ethanol and Hydrous Ethanol, marketed in Brazil, USA, Europe and Asia. - CBios: Commercialization of CBios in Brazil.
- Logistics: Provision of product handling services (road, rail, pipeline and maritime modes) and operation of terminals in Brazil and the USA.
- Natural Gas: Traded and moved natural gas in the USA.
- Electricity: Commercialization of renewable electricity in the free market of Brazil (announcement of the acquisition of 50% of NewCom, a subsidiary of the Comerc Group.
- Research and Development: Research, development and production of technology applied to sugarcane cultivation in Brazil.
What are the main companies of Copersucar S.A.?
Copersucar S.A. companies are:
- Copersucar S.A.: Operates the logistics services business (road and rail freight tables), sugar trading and CBios in Brazil.
- Cia Auxiliar de Armazens Gerais: Operator of logistics assets in Brazil (Port and Transshipment Terminals)
- Alvean Sugar SL: Origination, marketing and trading of raw and white sugar globally.
- Evolua Etanol S.A.: Origination, marketing, trading, logistics, import and export of ethanol from Brazil.
- Eco-Energy LLC: Origination, marketing, trading, logistics, import and export of ethanol from the US; marketing and movement of natural gas in the US and development of energy transition solutions in the US market.
- Logum Logística S.A.: Operation of a pipeline and multimodal logistics system for the transport of fuels and biofuels in Brazil.
- Centro de Tecnologia Canavieira S.A. (CTC): Research, development, technology and science for sugarcane.
- NewCom: Open platform for the sale of electricity in the free market of Brazil.
What are the advantages of the Copersucar S.A. logistics system?
The advantages of the Copersucar S.A. logistics system include:
- Static storage at the Mills (higher capacity in the sector);
- Own port terminal in Santos;
- Transshipment terminals in the interior;
- Access to the railroad on a large scale;
- Road freight desk;
- Ship appointment management;
- Access to Logum’s ethanol pipelines;
- Ethanol terminals in the USA.
How does the origin of products from non-member mills work in the Copersucar system?
Copersucar S.A.’s marketing scale, which currently serves more than 70 countries, is largely supplied by products purchased from third parties (sugar, ethanol, natural gas and electricity), not only from Brazil but also from other international regions.
Finance and Accounting
What is the Company's fiscal year?
The accounting follows the harvest year period from April to March and the results are published on an annual basis under the principles of IFRS.
How are Copersucar S.A.'s main businesses accounted for?
The business of Copersucar S.A. is accounted for as follows:
- Subsidiary: Auxiliary Company (Port Terminal and transshipment terminals).
- Consolidation: Alvean and Eco-Energy.
- Equity Equivalence: Evolua Etanol, Centro de Tecnologia Canavieira (CTC) and Logum Logística.
Who is the external auditor of Copersucar S.A.?
KPMG is the external audit of Copersucar S.A.
What are the principles of Copersucar financial management?
Copersucar’s financial management is based on:
- Asset light;
- Disciplined and rigorous risk management;
- Robust capital structure;
- Financial self-sufficiency and independence of Ecosystem businesses and companies;
- Cash, inventories and short term working capital sufficient for full settlement of short and long term debts;
- Maximizing the distribution of dividends (except strategic investment decisions).