2021 Integrated Annual Report

For the 8th consecutive year, we published our Integrated Annual Report and, since 2014, we are considering the unified disclosure of actions in ESG (environmental, social and governance) aspects.

This edition presents market, economic and financial, operational and social and environmental information for the period from January 1 to December 31, 2021. GRI guidelines (Global Reporting Initiative – guided the preparation of the content, in compliance with the Standard pattern, key option.

The material themes, defined in the Strategic Sustainability Agenda for the 2014-2021 cycle, guided the reported indicators. Throughout 2021, we revisited, through a materiality process and by listening to stakeholders, the new priority themes for the 2022-2030 cycle.

The assessment of the financial indicators complies with the international accounting standards approved by the Brazilian Securities and Exchange Commission (CVM). Sustainable Development Goals (SDGs) and the United Nations (UN) Global Compact Principles, to which M. Dias Branco is a signatory, were also important references for the preparation of the content. KPMG, the external auditor, assured the data veracity and reliability.

Read the full report

2021 Integrated Annual Report - Portuguese version

2021 Integrated Annual Report - English version

Main highlights of the year

Dream, do, grow

We launched the new corporate positioning, which reflects our essence, history and values.

Sustainability and business

Once again, we are part of the B3’s Corporate Sustainability Index (ISE). Other highlights include: the Company’s progress, from D to B- in CDP ranking (Carbon Disclosure Project), A rating in the ESG Ratings assessment by Morgan Stanley Capital International (MSCI), as well as the raising of R$ 811.6 million through Agribusiness Receivables Certificates (CRAs) classified as Green Bonds.

Recognitions

We are the Best Food Company in the Country, according to IstoÉ Dinheiro magazine. For our innovative work and partnerships with startups, the Company was also recognized in the 100 Open Startups 2021 Ranking, as the largest food company in the Northeast according to the Valor 1000 Award.

ESG Future

Our Sustainability Agenda was revisited, considering the vision of several stakeholders, with the definition of themes that will be focused until 2030. Climate change, diversity and inclusion and entrepreneurship of surrounding communities are some of the new topics with increased focus in this review.

15 years at B3

In 2021, we celebrated 15 years of listing on B3. We went public in 2006, when we carried out the Initial Public Offering (IPO), in Novo Mercado segment.

On Brazilians’ table

A study carried out by Kantar shows that our brands are present in 91.1% of Brazilian households.

Online retail success

Two of our regional brands are among the 20 favorites of Brazilians for everyday products, according to Kantar Brand Footprint Survey. Fortaleza is the 7th most purchased brand in online retail, while Richester is ranked 17th.

E-commerce

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Expansion into new segments

With one more acquisition, we enriched our portfolio with the Fit Food, Frontera and Smart brands, strengthening our position in the healthy food segment and higher value-added products.

Social support

During the year, 4,309 tons of food were donated to communities surrounding the industrial units, an important contribution to minimizing hunger in a social and economic context weakened by the pandemic.

M. Dias Branco Indicators for 2021

Economic and financial performance

A M. Dias Branco achieved R$ 7.8 billion in 2021
25.8% Average price increase in the period/li>
1,702.9 thousand tons in sales volume

R$ 683.9 million Ebitda

8.8% Ebitda margin

R$ 505.0 million Net income

Human Capital

Number of Employees 15,596

R$ 304.6 million invested in Human Capital

Average training hours: 29.91

Accident frequency rate (TF): 0.68

Accident severity rate (TG): 13.53

Share Capital

Social investment in the amount of R$ 26.5 million.

152 entities supported with monthly donations

We supported 100% of the communities around our industrial facilities with food donations, amounting to 4,309 tons of food that benefited people of all age groups in all regions of the country

We implemented the Volunteer Factory Program, encouraging the work of organizational consulting provided by employees from technical areas, such as: Strategy, Corporate Education and Communications, in a supported institution

As part of the volunteer program, we organized a mangrove cleaning action and seedling planting around our unit in Salvador/BA, celebrating the World Cleaning Day

In partnership with Senai, the Company provided free training to the communities surrounding four units: two in Fortaleza/CE; one in Salvador/BA and one in Jaboatão dos Guararapes/PE. A total of 75 people were qualified in courses such as: Industrial Electrician, Administrative Assistant, Production Assistant and Logistics Assistant

We participate in Movimento Todos à Mesa (Everyone at the Table Movement) focused on to combating food waste through the redistribution of surpluses and donation initiatives, in addition to encouraging discussions on how to expand the regulatory framework for donations.

Natural Capital

R$ 12.1 million invested in environmental management

Energy intensity - GJ/ton produced

Recycling rate: 90.9%

Water reuse index - 9.6%

Intellectual Capital

R$ 14.2 million invested in Research & Development

Amount realized with addition of nutrients compared to total revenue (23.55%)

Manufactured Capital

16 food plants, 7 wheat mills, 28 distribution centers and 204 vehicles of the company's own fleet

Sales channels by region

We maintained the strategy of geographic sales diversification. In 2021, 64.1% of sales occurred in the Defense area (North and Northeast regions) and 33.9% in the Attack area (South, Southeast and Midwest regions). Exports represented 2.0% of sales, maintaining a high standard, in line with the strategy, and reaching 46 countries (44 in 2020).

Select a region in the map to see indicators: