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ANTONIO LUIZ DA CUNHA SEABRA
NATURA
BOARD Member of Leading Company in Sustainability – Brazil
1. How the sustainability issues are formally addressed in your role as BOARD MEMBER?
Natura’s Board of Directors is responsible for establishing Natura’s policies regarding sustainability issues and ensures that they are considered in the company’s strategies, decision-making processes and impacts generated in the value chain. The Board also monitors and is attentive to the externalities caused by the company’s activities.
2.Indicate which of the following three areas of the sustainable development of your company is, in your opinion, the most important.
Environmental and social positive impacts are in the core of Natura’s essence. We are certain that is only by feeling and thinking systemically that we will be able to commit to all the dimensions of life because of our love and respect for it. Our vocation, competencies and qualities have enabled us to build a company that has played a key social role in transforming the lives of hundreds of thousands of people over time. Mainly by means of our Relationship Selling network.
Permanently aligned with our origins, at Natura we prioritize reverence for relations and systemic thinking, the foundations of our commitment to sustainability. It is this fundamental belief in the power of relations and empathy, and the wealth of diversity, that guides us, strengthens us and illuminates our journey into the future.
3.In your role as BOARD MEMBER, could you describe in particular a project that has led and highlighted by its positive impact, whether in the Environmental, Social or Corporate Governance (ASG) in the last 12 months?
With the acquisition of The Body Shop this year, Natura took a further decisive step to constitute a global, multibrand and multichannel cosmetics group that brings together Natura, The Body Shop and Aesop, three powerful, pioneering brands with strong identities that share a commitment to sustainable and ethical business practices. All three companies are committed to generating positive economic, social and environmental impact through such actions as developing vegetable-based products, using traceable and sustainably-sourced ingredients, promoting fair trade with suppliers and rejecting animal testing.The growth we are constituting is not only one of the top companies in our industry, it is a purpose-driven group combining 3 strong brands that have their own identity but share a same vision, a same mission and similar values. The three companies start from a common purpose, marked by the commitment to and respect for life, to expand the reach of a shared vision: that it is possible to make business a force for good.
4.Please indicate how you will lead in the next 12 months, from the identification of the risks and opportunities of Environmental, Social and Corporate Governance (ASG) factors, the measurement of the corporate sustainability performance and reporting to institutional investors, and the capital market in general.
Following the acquisition of The Body Shop, Natura is accelerating its strategy of expanding its international footprint and building a purpose-driven, multibrand, multichannel cosmetics group. To ensure flawless execution and integration, Natura is putting in place a new governance and management structure. Subject to approval of Natura’s shareholders’ meeting, we are creating a new position of Executive Chairman of the Board, who will notably be charged with supporting the company’s Board of Directors in implementing Natura group’s global vision and strategy and supervising the three brands and businesses. Each of the three brands and companies will have its own Chief Executive Officer and Executive Committee, ensuring full autonomy and empowerment. The three CEOs will operate under the coordination of the Executive Chairman and of the Board of Directors of the Company. The position of Executive Chairman will be supported by a Group Operating Committee, which will be composed of the three CEOs and also include some key functions such as Finance, Human Resources, Strategy & Business Development, Legal, Operations, Innovation and Sustainability and a newly-created position of Chief Transformation officer.
Our challenge in the next 12 months is to put in place a lean management structure that aims to combine brand autonomy and focus while encouraging the sharing of best practices and leveraging the group’s scale, incorporating an integrated approach to advancing on corporate sustainability performance and reporting.
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