A year of achievements
Our commitments
in practice
THE FUTURE IS
BUILT EVERYDAY
We build the future through our
our daily accomplishments and the lessons
we learn over our lives.
In 2016, we embarked on a Transformation Journey throughout the entire Odebrecht Group.
We defined a new corporate governance model, drafted new policies and created a new compliance system based on global best practices. With these efforts, we have been honoring our commitment to develop and attract new business ethically, with integrity and transparency.
Message from CEO
Our integrity
journey
ETHICS,
INTEGRITY AND
TRANSPARENCY
The journey on which we have embarked to ensure that we act ethically, with integrity and transparency, in all our business activities encompasses a series of initiatives and decisions taken since 2016 that already have transformed our workplace.
The journey began when we affirmed our “Commitment to Brazil.” Since then, we have strengthened our governance, implemented a robust compliance system and undertaken commitments to the future and to society, which include contributing to initiatives that improve the business environment in which we operate. Learn more in our timeline.
TIMELINE
THE PATH WE ALREADY HAVE TRAVELED
We have concluded our internal structure transformations and will continue to enhance our concepts and practices.
NEW PATHS
TO ENVOLVE
We have strengthened our governance by implementing the Governance Policy and by creating new advisory committees to support our board.
In 2017, we held the first meeting of the Global Advisory Council and, in 2018, we renewed the board of directors of Odebrecht S.A.
RENEWING AND EVOLVING
This year, the board of directors of Odebrecht S.A. underwent a renovation. More diversified, the new board fosters an environment more conducive to the decision-making process, with a multiplicity of knowledge and experiences.
The board of directors, which is the main management body of governance system of Odebrecht S.A., is responsible for approving the strategic direction and for monitoring the company's performance.
Cledorvino Belini
EXTERNAL INDEPENDENT DIRECTORCledorvino Belini
EXTERNAL INDEPENDENT DIRECTOR
Coordinator of the Compliance Committee
Education: B.A. in Business Administration (Mackenzie) and master’s degree in Finance and Accounting (USP)
- Former President of Fiat Automóveis for Latin America and served on the Executive Board of the Fiat Group
- Former President of the National Association of Vehicle Manufacturers (Anfavea)
Ieda Gomes Yell
EXTERNAL INDEPENDENT DIRECTORIeda Gomes Yell
EXTERNAL INDEPENDENT DIRECTOR
Member of the Compliance Committee
Education: B.Sc. in Chemical Engineering (UFBA) and master’s degrees in Environmental Engineering (École Polytechnique Fédérale of Lausanne) and in Energy (USP).
- Former President of BP Brasil and Vice-president of New Ventures at BP Gas Marketing
- Former President of Comgás
- Co-founder of Will Latam, focused on developing women leaders in Latin America
Jorge Marques Camargo
EXTERNAL INDEPENDENT DIRECTORJorge Marques Camargo
EXTERNAL INDEPENDENT DIRECTOR
Member of the Culture, People & Sustainability Committee
Education: B.Sc. in Geology (UnB) and master’s degree in Geophysics (University of Texas)
- Former President of Braspetro and of Statoil Brasil
- Chaired the Brazilian Oil and Gas Institute and currently is a member emeritus of its Board of Directors
- Member of the Board of Grupo Ultrapar and Prumo Logística Global
Roberto Faldini
EXTERNAL INDEPENDENT DIRECTORRoberto Faldini
EXTERNAL INDEPENDENT DIRECTOR
Member of the Culture, People & Sustainability Committee
Education: Holds a B.A. in Business Administration (FGV) and completed non-degree programs at Fundação Dom Cabral, INSEAD, Babson College and IBGC.
- Entrepreneur, consultant in the field of Corporate and Family Governance and Independent Director at several companies.
- Former President of the Securities and Exchange Commission of Brazil (CVM)
- Former Executive Officer, Member of the Board and shareholder of the controlling group of Metal Leve S.A.
Ruy Lemos Sampaio
CHAIRMAN OF THE BOARDRuy Lemos Sampaio
CHAIR OF THE BOARD
Education: B.A. in Business Administration (UFBA) and master’s degree in Finance and Accounting (University of Michigan)
- Director of Kieppe, the parent company of Odebrecht S.A.
- Served as CFO of Tenenge S.A., SLP, Copene and Odebrecht Química
- Former International Finance and Investment director at Odebrecht S.A.
Sergio Foguel
VICE-CHAIRMAN OF THE BOARDSergio Foguel
VICE-CHAIR OF THE BOARD
Coordinator of the Culture, People & Sustainability Committee
Member of the Compliance Committee
Chairman of the Global Advisory Council
Education: B.Sc. in Civil Engineering (UFRGS) and master’s degree in Business Administration (University of California). He is a fellow at MIT
- Member of the International Advisory Board of the Dom Cabral Foundation, the Herity International Council (Italy) and the Board of the Parampara Family Business Institute Council (Índia)
04
Independent members on
the Board of Directors
0
New Policy on
about Governance
03
Advisory
committees
DIVERSIFIED
BUSINESS
AND TECHNICAL CAPACITY
Our roots are Brazilian, but our presence is global.
We draw on the strength of the diversity and technical capacity of our professionals. Today, we operate in the petrochemical, engineering and construction, agroindustrial (sugar, ethanol and energy), oil and gas, energy, irrigation, transportation (urban mobility, highways, ports, airports and logistic systems), real estate and shipbuilding industries, supported by 58,000 team members of over 20 different nationalities in 27 countries.
Odebrecht Group in 2017
7
BUSINESS
58K
TEAM MEMBERS
EBITDA
BRL$17
BILLION
IN NET
REVENUE
BRL$ 72
BILLION
LEARN MORE
ABOUT OUR
BUSINESSES
Sugar, Ethanol
and Electricity
Producer of Thermoplastic Resins and Biopolymers
Real Estate Developer in Brazil
Toll Roads, Urban Mobility and Logistics in Brazil
Irrigation, Energy & Transportation in Latin America
Engineering and Construction Services
Integrated Solutions for the Oil & Gas Industry
Global Footprint
Presence in
14
countries
Representative
offices in another
offices in another
13
countries
Products
e serviços
and services exported to
e serviços
and services exported to
+100
countries
Our commitment
to team members
58 PEOPLE UNITED
AROUND ONE
CULTURE
We are part of a large multidisciplinary and diverse team formed by people from different nationalities who work in 27 countries in a wide array of business areas. What unites us is a robust culture that is incorporated into our day-to-day activities and based on the principles and concepts of TEO, which is how we refer to the Odebrecht Entrepreneurial Technology.
Who are the team members
of Odebrecht Group
OVER
20
DIFFERENT
NACIONALITIES
THE MOST PROMINET NATIONALITIES ARE
BRAZILIAN
DOMENICANS AND,
PANAMANIAN
A MAIORIA
TEM ENTRE
25-35
ANOS
E ATÉ
5 ANOS
DE CASA
15,6%
are woman
84,4%
are men
BY GENDER
35,6%
work in other countries
64,4%
work in Brazil
BY REGION
Our commitment
to society
A GROUP
GUIDED
BY SUSTAINABLE
DEVELOPMENT
Fostering sustainable development is
the essence of TEO, our culture.
We work with the goal of our Businesses generating
positive results for all stakeholders,
now and in the future.
These principles are expressed in our Sustainability Policy
and guide our relations with shareholders, team members
clients, partners, suppliers, local communities and other
stakeholders impacted by the activities of our Businesses.
The end result are products and services that help
improve lives of people around the world.
Voluntary socioenvironmental investments
at the Businesses and the Odebrecht Foundation
amounted to BRL$39.3 million in 2017.
69,7%
in basic, vocational and environmental education
30,3%
in other initiatives (health, work and income, entrepreneurship, culture, etc.)