Suzano

Suzano has established a net-zero by 2050 ambition and publishes a Climate Transition Action Plan with targets for reducing its Scope 1, 2, and 3 emissions. However, the company’s primary climate narrative centers on its large-scale tree planting and the carbon sequestration of its commercial eucalyptus plantations. This framing presents a significant risk of greenwashing, as it uses the carbon absorbed by its monoculture tree farms to offset the emissions from its industrial pulp and paper operations, effectively labeling its core forestry business as a climate solution. This approach obscures the full lifecycle emissions and broader environmental impacts of its activities. While Suzano discloses climate targets, the reliance on sequestration from its own plantations to justify its transition pathway, without sufficient independent verification or acknowledgment of the limitations of such offsets, aligns with the definition of setting misleading climate targets.