Partnerships | Union of efforts for socioenvironmental transformation

GRI 103-2 | 103-3 | NGO6 | NGO10

For BB Foundation, the relationship with partners is treated as a priority in the planning and execution of our actions. We constantly seek to establish partnerships and mobilize resources, aiming at expanding and diversifying sources for social investment, mitigating the risks of the actions developed, contributing to institutional sustainability and the expansion of the country's social transformation.

In this sense, we have institutional relationships with organizations, companies and governments, through the commitment to develop actions in a mutual cooperation regime, aligning common interests in a strategic and continuous process of resource articulation.

In addition to our founder Banco do Brasil and companies of the Conglomerate, several partners believed in our work and invested in programs, projects and campaigns promoted by BB Foundation in 2021, bringing hope and opportunity to people under situations of social vulnerability and contributing to the transformation of millions of realities.

BB Foundation prioritizes joint action with other institutions, governments and organized civil society as a way of integrating efforts to meet socioenvironmental demands. With this, we build a positive legacy for society, generating shared value for our partners, as promoters of social and sustainable development.

The Brazilians for Brazil campaign launched by BB Foundation in October/2021, had the participation of approximately 80 partners among companies from the public, private, third sector and Banco do Brasil Conglomerate, in addition to individuals who believe in our work and contributed with donations, providing assistance to more than 220 Thousand families in a situation of social vulnerability, aggravated by the Covid-19 pandemic, through the distribution of food products purchased from almost 8 thousand family farmers. In this way, income generation was provided to family farmers and quality food was supplied to families who needed it most.

We also highlight the partnership established with Petrobras, with the amount of BRL 21 million (USD 4.46 million), which provided aid for the purchase of cooking gas for 210,000 families.

Also in 2021, BB Foundation and Instituto Votorantim renewed the partnership of previous years and signed a new Cooperation Agreement, to operate in the northeast of the country, seeking to improve the living conditions and income of vulnerable families residing in the regions where Votorantim Energia's wind farms are located. Through this agreement, access to water and means of production will be made available to family farmers in Ceará, Pernambuco and Piauí.

Among the new partnerships signed in 2021, we can also highlight the one with Enel Brasil S/A, Enel Green Power Brasil Participações Ltda. and the Volunteering Association for International Service-Brazil - AVSI with the objective of promoting actions that enable the sustainable socioeconomic development of Brazilian communities, facilitating access to water and the means of production of family agriculture, as well as promoting environmental education in schools, such as the one that has already occurred in the municipality of Campo Formoso (BA).

The establishment of partnerships like these is the result of the efforts of specialized teams and recognition of the governance and accountability practices adopted by BB Foundation, which provide security to potential partners.

The search for partnerships follows the ethical standards defined in our governance documents, with the aim of motivating conscious donations to established causes and transparent accountability for the application of resources.

In addition to the partnerships signed, the participation of civil society through voluntary donations was also extremely significant for the development of our actions and projects throughout the year. Stimulating the donation culture is part of the BB Foundation's resource mobilization strategy. In 2021, approximately BRL 3.7 million (around USD 786,000). was received by BB Foundation from more than 9,500 donations.

In the following chapter, we present some of the partnerships that have been established and that have provided us with the fulfillment of our strategy and, above all, have enhanced the Foundation's performance, expanding our social investment.

In Sinergy with Banco do Brasil

In 2021, Banco do Brasil, recognized as the most sustainable bank on the planet by the ranking of the 100 Most Sustainable Corporations in the World 2021 – Global 100, by Corporate Knights, declared its 10 Long-Term Sustainability Commitments. Among them, BB's contribution to society through the actions developed by Banco do Brasil Foundation.

BB Foundation is, therefore, the main executor of the social investment of Banco do Brasil and its conglomerate. Due to the growth capacity of the institution and through the support of its branch network, it is possible to reach all regions of the country, contributing to sustainable development and the transformation of the communities where Banco do Brasil is present.

BB Foundation’s actions contribute to Banco do Brasil's permanence in the World portfolio of the Dow Jones Sustainability Index (DJSI) of the New York Stock Exchange, in the B3 Corporate Sustainability Index (CSI), in the Stock Exchange's Sustainability Index of London Securities (FTSE4 Good Index Series) and in the Global 100 ranking of the Most Sustainable Corporations by Corporate Knights.

To strengthen the connection with Banco do Brasil, the 11th edition of the Banco do Brasil Foundation Social Technology Award, held in December, had the support and partnership of companies from the BB Conglomerate: BB Gestão de Recursos (BBDTVM); BB Tecnologia e Serviços (BBTS) and Ativos S.A.

In this way, BB Foundation collaborates with BB's corporate strategy and contributes to the fulfillment of Banco do Brasil's Sustainability Plan - Agenda 30 BB, especially in the challenge of “strengthening the integration between Private Social Investment and the business strategy, of Banco do Brasil, contributing positively to society and the environment”.

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