Lacan

Since 2012, Lacan Florestal has been managing sustainable investments with a strong commitment to the best global ESG practices. With each tree planted, we generate financial results for our investors and a positive impact for all stakeholders in the regions where we operate.

Lacan Florestal is the major division of the company and is fully integrated into the 21st century bioeconomy and low carbon agenda.

Lacan Ativos Reais strives to align stakeholders´ interests and ensure transparency by disclosing quarterly results reports following the Institutional Limited Partners Association (ILPA) standard and annual sustainability reports aligned with Global Reporting Initiative (GRI).

The company is also advised by a board of independent members with a long history in the forestry sector, ensuring best practices in governance.

Investimento responsável

Responsible Investment

Lacan Ativos Reais recognizes its responsibility towards global sustainability challenges, as well as its commitment to investors and the importance of a consistent approach to risk management.
Mindful of this commitment, we ensure that our investment management is oriented towards minimizing impacts, mitigating risks and generating value.

Lacan Ativos Reais defines responsible investment as one that is viable not only from a financial standpoint, but also from an environmental, social and corporate governance perspective.

Lacan´s Responsible Investment Policy covers our motivations, commitments and exclusion list and can be found here.

politica de remuneração

Remuneration Policy

Lacan´s Remuneration Policy is consistent with the integration of sustainability risks and can be found here.

sistema de gestão E&S

E&S Management System

Lacan integrates ESG aspects in all stages of the investment decision and through its funds´ cycles. From the early stages of investment origination and selection, criteria such as no deforestation and exclusion list are applied. A thorough due diligence is conducted on all eligible properties, including environmental and social aspects and a certification evaluation.

Once the investment has been approved and implemented, monitoring begins, which also includes environmental and social indicators. These indicators follow internationally recognized standards such as GRI, GHG Protocol and FSC. Lacan is expanding the monitoring of the E&S aspects of the funds to incorporate other voluntary sustainability standards, such as IRIS+ and TNFD.

Lacan is a signatory of PRI and this process of integrating E&S aspects into the entire investment cycle of the funds is being developed and implemented following the IFC Performance Standard on Environmental and Social Sustainability.

Orignation e Selection

Pre-Analysis

Full due Diligence

Implementation

Monitoring

Pre-Investiment

Post Investiment

membros comite ESG

ESG Committee

Winston Fritsch, PhD

Independent advisor

Marco Antonio Fujihara

Independent advisor

Julieda Puig

Independent advisor

Luiz Augusto de Oliveira Candiota

Founding partner and chairman

Alexandre dos Santos Bomfim

Partner at Lacan Real Assets

Guilherme Ferreira de Oliveira

Managing partner

Sustainability-related Disclosures (SFDR)

Disclosures Related to the Fund Manager

Lacan Investimentos e Participações Ltda

Sustainability risks disclosures (in accordance with Article 3 (1) of the SFDR) are integrated in Lacan´s Responsible Investment Policy which is available here.
Lacan Ativos Reais is taking the steps to report on the principal adverse impacts on sustainability factors for its investments and it will measure and collect data on all 14 mandatory indicators for adverse impacts on sustainability factors. The first report is scheduled to be disclosed in 2025.Disclosures related to the integration of sustainability risks in remuneration policy (in accordance with Article 5 (1) of the SFDR) are integrated in Lacan´s Remuneration Policy which is available here.

Lacan Ativos Reais manages four funds, namely Fund I, Fund II, Fund III and Fund IV. Since Fund IV will contain international capital, below are the SFDR-related disclosures applicable for this fund.

Disclosure Related to Fund lV

Sustainability-related Information (SFDR): Article 9

The Fund’s primary sustainable investment objective is increasing the sustainability of wood and wood-based products through responsibly managed forests and plantations that maintain or restore tree cover. The Fund’s secondary sustainable investment objective is Improving Biodiversity through Terrestrial Ecosystem Protection and Restoration. E&S considerations are integrated in all stages of the Fund´s cycle, from the due diligence and investment decision process, as well as throughout the implementation and operations period.
The Fund guarantees no significant harm is made to any of sustainable investment objective by only investing in land that is certifiable. Both the Fund and Fund Manager foster Good Governance practices in all of its operations, by focusing on sound management structures, employee relations and Tax Compliance through its policy structure and investment framework. The Fund is taking the steps to report on the principal adverse impacts on sustainability factors for its investments and it will measure and collect data on all 14 mandatory indicators for adverse impacts on sustainability factors. Human rights and labour rights are important for the operations of the Fund’s projects. The Fund has policies in place that cover topics like anti-bribery, corruption, health and safety, labour and human rights, inclusion and diversity, all aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights. Investments must be aligned with these policies for a positive investment decision. Furthermore, the Fund invests 5% in native restoration, aiming at increasing biodiversity footprint.
For more information please visit the complete sustainability-related disclosures here.

Divulgações SFDR

Climate Agenda

Lacan's funds invest in forest assets, produced in a sustainable manner and certified by the best forest management standards.

Lacan's cultivated forests help to reduce the pressure of deforestation in the regions where they operate, provide renewable resources for the paper, pulp and timber market, and present themselves as an alternative source of renewable energy, with the potential to sequester CO2 in volume and scale.

Lacan's cultivated forests contribute to the climate agenda by reducing greenhouse gas emissions.

Greenhouse Gas Inventory

Every year Lacan accounts for and reports emissions from its forestry operations, including direct and indirect GHG emissions in scopes 1, 2 and 3, based on the GHG Protocol.

The results of Emissions 2023 can be found here.

Carbon Stock

Every year Lacan inventories the carbon stocks of its forests, based on the IPCC Good Practice Guidance for Land Use, Land-Use Change and Forestry.

Changes in stocks by Fund are reported to investors, and can be found here.