The Climate Agenda is a set of nine commitments undertaken in 2009, establishing the insertion of the carbon variable into strategic planning and management of each company; measurement and establishment of goals to reduce air emissions; rational use of resources and adoption of sustainable input; investment in reforesting; search for partnerships aimed at innovation; conscious consumption and influence over customers and suppliers to adopt sustainable practices.

An example of these commitments is that InterCement added its emission inventory to the public database of the Brazilian GHG Protocol Program by Fundação Getúlio Vargas. In addition, it has one of the lowest carbon emission levels per ton of cement produced compared to companies in the Cement Sustainability Initiative (CSI) in the industry, an initiative by the World Business Council for Sustainable Development (WBCSD). The company's suppliers are also assessed for sustainability.

Construtora Camargo Corrêa monitors the emissions from each work, and established goals to reduce emissions – 21% by 2016, and 37% by 2020 – based on a Carbon Management Plan with provisions including but not limited to reduced vegetation suppression at work sites, replacement of fossil fuels, and reduced energy consumption. The company encourages the use of sustainable wood from forest stewardship and conducts the Forest Recovery Program to compensate emissions from machinery and equipment used to construct hydroelectric plants.


We, of the Camargo Corrêa Group, will emphasize carbon management in our sustainability agenda and we are committed to:

1. Include alternatives that minimize GHGs emissions and capture business opportunities in our strategic plan and in business and investment decisions;

2. Conduct periodic inventories of emissions and disclose their results, establishing reduction targets;

3. Continuously seek the reduction of specific emissions (by unit of product) in our processes, products and services through the rationalization of resources and the use of sustainable inputs (energy and raw materials);

4. Invest in carbon storage and reutilization initiatives;

5. Invest in reforestation activities and the use of sustainable forest resources and support actions for reducing deforestation and degradation, supporting standing forests;

6. Participate in initiatives in partnership with civil society, research centers and public and private sectors that aim at sustainable innovation to overcome the challenges of mitigating and adapting to climate change;

7. Increase internal public awareness to adopt conscious consumption, and train them to capture business opportunities and manage the risks associated with climate change;

8. Promote the carbon variable in the value chain as a competitive advantage in the purchase of inputs and sale of products and services, influencing clients and suppliers;

9. Contribute towards the creation of legal frameworks and standards at the federal, state, municipal, sector and other levels.

São Paulo, November 25th, 2009
Camargo Corrêa Group


This document shall be continuously evaluated in light of new scientific evidence and changes in the business environment. We guarantee the effectiveness of these commitments, upholding them in each business and introducing them in our management systems and monitoring their execution.