Sustainability

Grupo Casas Bahia’s ESG history has begun a long time ago, and to carry on such journey, we share our purpose with everyone related to us.

We desire to become a benchmark in Brazil’s retail sustainability due to our commitment to the circular economy and low-carbon principles, diversity and inclusion, also our ESG-related performance.

Ten years ago, we have kicked-off our recycling program. Today, REVIVA is the largest recycling program in Brazilian retail.

Our 60-year old Casas Bahia Foundation works to support communities in which we operate, with professional qualification initiatives, creating jobs and income for youngsters and micro-entrepreneurs.

Diversity and inclusion are present in our DNA. Brazil has been represented in our company, and over the past 60 years, we have been granting credit to our clients. Today, we have our fintech banQi that pursues such a legacy, contributing to the financial and digital inclusion of millions of people.

Check Grupo’s highlights.

  • We joined the Corporate Sustainability Index B3 (ISE) which attests to the corporate governance and management good practices of companies listed on the “Novo Mercado”. Grupo is listed on B3 “Novo Mercado” and joined ISE portfolio 2022 and 2023.
  • We also joined B3 Efficient Carbon Index portfolio (ICO2) in partnership with BNDES (Brazilian Development Bank), which assesses the efficiency level of companies’ greenhouse gas emissions in transition to a low-carbon economy.
  • We are signatories of the UN Global Compact and we reaffirm our commitment to human rights, labor, environment, and anti-corruption practices.

Learn more about our actions through our performance pillars and priority SDGs in our business, listed below.

Environmental

Pillar: + Environmental Preservation

Our performance is based on circular economy concepts, and the REVIVA program is one of our key initiatives.Implemented 10 years ago, currently, the program works on two fronts:
  • Package recycling: all recyclable waste of stores, distribution centers, even packages returned by customers during delivery of products are sent to 11 cooperatives that recycle these materials. Thus, besides reducing the environmental impacts, we also contribute to generating income for 250 households, members of these cooperatives.  
  • Electro-electronic collectors at stores:  customers can appropriately discard used or broken electronic products, also cells and batteries. We already have 500 collectors distributed throughout the country.

The low-carbon economy is also our major front, combating climate change. We are focused on logistics efficiency, by implementing actions that contribute to reducing greenhouse gases, such as the mini-hubs expansion, the Click&Collect service at stores, and the ASAPALog. The latter allows the delivery of products through lighter vehicles, besides including them in our fleet.

We also work with renewable energy, which directly contributes to a low-carbon economy.By 2022, 50% of all energy used in our operations will be acquired from clean and renewable sources. By 2025, we will reach 90% of energy derived from these sources. 

These actions will occur by using solar energy, already adopted in over 80 stores of the group, also through the acquisition of the free market’s incentivized energy. 

Check our environmental initiatives in our annual report in the Link:

Social

Social

Pillar: environment + diversity & inclusionRespect and ethics are principles we do not forego. We want to value even more our country’s diversity and promote inclusion at our workplace.  

Thus, we assumed the commitment to have a staff that represents our country and offer development opportunities for everyone. To walk toward this direction, we defined the following goals: by 2025 we will have 42% of women and 45% of afro-descendants in leadership positions (managers and above); we will train our 46,000 employees concerning inclusive services, free of prejudice.

To keep such discussion alive during our daily activities, we have affinity groups composed of employees from all businesses, organized according to our key performance pillars:

  • Baobá discusses Racial Equality
  • Via Prisma discusses LGBTI+ topics
  • Boundless Talents promotes thoughts about the relevance of including people with disabilities  
  • Gender Group discusses men and women’s equality.

We are also signatories of various diversity-related commitments:

  • Women 360 Movement
  • UN Women
  • Forum of Companies and LGBTI+ Rights
  • Business coalition for equal gender and race
  • Business coalition for the end of violence against women and girls  
  • Anti-Racism Declaration – Instituto Identidades do Brasil (ID_BR) 
  • Yes Seal for Equal Race – Instituto Identidades do Brasil (ID_BR)  
  • Move – equal race movement

 

Casas Bahia Foundation

Casas Bahia Foundation aims at bolstering communities, supporting professional qualification initiatives, stimulating job and income generation for the youth and micro-entrepreneurs.

We work on three fronts:

Check our actions at the Casas Bahia Foundation website, and our activities report.

Governance

Pillar: more continual and responsible businesses

With our new management, we bolstered our ethical initiatives in businesses and transparency in our business performance. We implemented lots of improvements at our organization, such as a new board of directors, a governance structure, committees and independent audits, review of the code of ethical conduct, anti-corruption policy, whistleblowing channel, and the Privacy Governance Program. 

For the next years, we will continue such work, reinforcing our pillar of more continuous and responsible businesses, based on the following guidelines: 

  • Governance, ethics, and transparency, with corporate practices based on Via’s non-negotiable principles: integrity, respect, and transparency;
  • Data privacy and security, so everyone can contact our brands;
  • Responsible value chain, stimulating our chain to adopt social and environmental commitments and practices;  
  • Financial accessibility, with products and services contributing to digital and financial inclusion of our clients, such as banQi, our digital booklet, and other solutions available for our customers;  
  • Innovation & Technology to offer customers the best experience.