Braskem

ECONOMIC AND
FINANCIAL
RESULTS

Our ambition is to be a market leader for our contribution to sustainable development. We understand that effective contribution requires concrete actions, based on best practices in environmental, social, and corporate governance. This ensures the generation of shareholder value and advances the interests of our other stakeholders. We seek economic and financial results based on a solid sustainable development strategy, with the constant strengthening of ESG (Environmental, Social, and Governance) practices and through long-lasting relationships with our clients.

Economic
and Financial
Results

Back

Be a

market-leading company

for its contribution to

sustainable development.

Maintain financial health and

DISCIPLINE IN CAPITAL

ALLOCATION,

with a focus on creating ESG value.

Our progress

70%

Our performance

We understand that effective contribution to sustainable development requires concrete actions, based on best practices in environmental, social, and corporate governance. This always ensures the generation of shareholder value in the interest of stakeholders. Thus, we seek economic and financial results based on a solid sustainable development strategy, with constant strengthening of ESG practices and through long-lasting relationships with our clients.

ESG Value

Agency Rating/score Last updated
MSCI B February 2021
DJSI 70/100 November 2020
ISS ESG C July 2020
Vigeo Eiris 51/100 February 2020
CDP A - (Climate) ; A (Water) December 2020
Table of Contents Portfolio Term of Duration
Gender Equality Index 2021 Jan-Dec 2021
ICO2 2021 Jan-Apr 2021
IGCT 2021 Jan-Apr 2021
CDP Brazil 2020 Apr 2020 – Mar 2021
S&P/B3 Brazil ESG 2020 Apr/2022

One of the pillars of our business strategy is financial health and discipline in capital allocation, seeking to maintain a strong level of liquidity and positive cash generation, even in petrochemical industry downturns. From there, we continually seek to deliver value to our shareholders.

Recurring Operating Result:

In 2020, we obtained an adjusted

operating result of

US$ 2,082 million,

38% higher than 2019.

In reais, the Adjusted Operating Income was

BRL 10,975 million,

85% higher than 2019,

given the depreciation of the real against the dollar.

Net Cash Generation:

in 2020,
BRL 1,276 million,

59% lower than 2019.

Corporate Leverage: To reinforce our commitment to our financial position and cost discipline, we have implemented several measures to reduce our corporate leverage, with the objective of returning to the level of investment-grade risk. Since the second quarter of 2020, we have been able to significantly reduce our leverage, with the ratio improving from 7.1x to 2.9x by the end of 2020.

Check our full quarterly and annual results here

GOVERNANCE AND COMPLIANCE

We believe that governance and compliance go beyond complying with regulatory rules - it is a way of maintaining our business environment that is more transparent, safe and predictable, with the purpose of ensuring value generation today and in the future. All the while, we safeguard the rights of all our shareholders and are able to satisfy the interests of all other stakeholders.

CFO Principles

In 2020, Braskem, as a member of the CFOs Task Force, an initiative promoted by the UN Global Pact, committed to implementing the CFOs Principles for the integration of sustainable development goals (“SDG”) in the financial and investment management of the Company. This initiative involves defining goals related to Braskem’s commitments to the SDG and is aligned with the Company’s global strategy and the objective of contributing to the improvement of people’s lives through sustainable development.

Projects