What is the green economy?

The green economy is a new way of doing business that adopts a posture of environmental responsibility, social equality and economic feasibility. Under this development model, busineses, governments and society attribute greater importance to social and environmental impacts in their economic decisions. Braskem is constantly seeking to obtain the perfect chemistry between development and sustainability. For this reason, its initiatives include investing in technology for the use of renewable raw materials, creating solutions for its clients, encouraging recycling in its industry and reducing the water and energy consumption.

During 2012, Braskem participated in Rio+20, which was the world's most important sustainability event organized by the United Nations (UN) since the Earth Summit held in 1992 in the city of Rio de Janeiro. Twenty years ago, the Rio Summit (as it is also known) marked a seminal moment in the introduction of the concept of sustainable development by uniting 108 heads of state to discuss the economy, the preservation of natural resources and the planet's future.

Rio+20 seeked to renew the political commitment to sustainable development by assessing the progress made and the gaps that remain in implementing the decisions adopted by the major summits on sustainability issues, while also enhancing related governance systems. The conference debated two main themes: the green economy in the context of sustainable development and poverty eradication and the institutional structure for sustainable development.

At the the Riocentro Convention Center located in Parque dos Atletas (Athletes Park) and the other sites where the events were held, 50,000 ecobags and the same number of squeeze bottles were made available to participants, both of which are made from Braskem's Green Plastic, a polyethylene derived from sugarcane ethanol, which is a renewable raw material.

Braskem also set up a real recycling plant right in the middle of Rio+20, which transformed plastic waste into furniture made from plastic wood. The initiative was a partnership between Braskem and the environmental engineering company Cetrel to show new ways how plastic can be used and to create a new post-consumer cycle for this material. The plant operates in Parque dos Atletas, which was one of the focal points of the event. Those visiting the plant learned about the entire process used to make household items such as benches, planting boxes and trash cans from recycled plastic.

Learn more about the events and initiatives that took place in parallel to Rio+20 in which Braskem participated:

  • Rio+20 Guide - CEBDS and FBDS


    On May 30, 2012, the Brazilian Business Council for Sustainable Development (CEBDS) and the Brazilian Foundation for Sustainable Development (FBDS) launched, with Braskem's sponsorship, the "Rio+20 Guide".

    The guide provided clear and practical information on Rio+20: structure, objectives, locations and the role of all of the players in the discussions on sustainability (government, civil society and business). The guide also highlighted the event's importance from a historical viewpoint, retracing the Stockholm Conference of 1972 and the Rio Summit of 1992, which marked the evolution in discussions on the theme of sustainable development up until the present day. The publication also defined and analyzed the themes considered priorities at the conference: sustainable development, green economy, jobs, energy, food, water and cities.

    Download the Rio+20 Guide for free Click here.
  • Braskem's space at FINEP's "Innovation for Sustainable Development" exposition


    The exposition Innovation for Sustainable Development organized by the FINEP research and project finance mechanism of the Ministry of Science and Technology was held on June 15 to 21, 2012 at the Mauá Pier. FINEP invited Braskem to participate with an exhibition space of 80 square meters.

    FINEP works to promote economic and social development in Brazil by providing government support for Science, Technology and Innovation at companies, universities, technological institutions as well as other government and private institutions.

    Vision 2050 Brazil - CEBDS

  • The Brazilian Business Council for Sustainable Development (CEBDS) made adaptations to the report drafted by the World Business Council for Sustainable Development (WBCSD), with various companies, including Braskem, contributing to the effort. The Brazilian version, entitled "Vision 2050 Brazil", will be officially launched at Rio+20.

    "Vision Brazil 2050" sets a new agenda for companies by mapping out a path to a sustainable world over the next 40 years. The aim is to contribute and advocate Brazil's positioning for the final version of the document "The Future We Want" that will be drafted during the UN conference.

    The zero draft version of the outcome document was sent to the National Commission for Rio+20, in which the CEBDS holds a seat.

ETHOS International Conference and launch of the publication "State of the World 2012"

The Ethos International Conference 2012 was held on June 11 to 13, 2012 in São Paulo with the theme: Business and the new economy. What changes with Rio+20. The event included two plenary sessions, six dialogs with specialists, one seminar and ten panel-workshops to discuss the main themes of Rio+20. The conference  also reflected in-depth on the issues involved in building a new economic model and the optimization of proposals for mechanisms that help internalize the principles of sustainable development in the economy and in politics.

The "State of the World 2012", whose publication was sponsored by Braskem, was launched at the conference. Each year the report presents a balance of sustainability on our planet, which is based on research and studies conducted by the nongovernmental organization Worldwatch Institute (WWI). The report also focuses on the theme of sustainable prosperity.

To learn more, go to http://www.ethos.org.br/ce2012/

  • Meeting of Industry for Sustainability - CNI


    On June 14, 2012, in the city of Rio de Janeiro, the National Confederation of Industries (CNI) held the Meeting of Industry for Sustainability, which is the main event involving Brazilian manufacturers to debate the issues on the agenda of the Rio+20 Conference and role of the industrial sector in promoting sustainable business actions.

    Following the event, the CNI will present at Rio+20 its position on the issues being debated as well as data on the advances achieved over the last 20 years in various industrial sectors (including chemicals) on the path towards sustainable development.

    To view the event program, go to: http://www.cnisustentabilidade.com.br/programacao
  • Global Compact Corporate Sustainability Forum


    The Global Compact Corporate Sustainability Forum, an event with various workshops and thematic sessions linked to the Rio+20 agenda strengthened the contribution by companies to sustainable development, will be held on June 15 to 18, 2012.

    Marcelo Lyra, vice-president of institutional relations and sustainable development at Braskem,  participated in the round table  that debated the role of business in promoting sustainable development.
  • BASD Business Day


    Business Action for Sustainable Development 2012 was a temporary coalition of business organizations committed to sustainable development that is the official United Nations Major Group coordinator of business and industry. BASD 2012 is the channel for constructive contributions by the private sector for the entire negotiating process at Rio+20.

    Carlos Fadigas, Braskem's CEO, participated in the Business Day roundtable  as the representative from the International Council of Chemical Associations (ICCA). The objective was to highlight the Global Chemical Industry as a provider of sustainability solutions.
  • The Sustainable Future - Technology and innovation for a green economy and the eradication of poverty


    The event "The Sustainable Future - Technology and innovation for a green economy and the eradication of poverty" was held from June 18 to 22, 2012. Organized by the Engineering Graduate School and Research Institute Alberto Luiz Coimbra (COPPE) and the Federal University of Rio de Janeiro (UFRJ), the event aims to highlight the contributions of science and engineering to building a more sustainable future with less inequality.

    The event featured panels, plenary sessions, lectures, a talk show and expositions presenting the projects and solutions developed by COPPE and its partner institutions, which included Braskem.