Banco do Brasil Foundation annually makes its Activities Report available as a means of access and accountability to its stakeholders, reaffirming its commitment to ethics and transparency, in addition to the respect for everyone who directly or indirectly participates in the actions.
This Report is defined based on its relevance and refers to activities in the period from January 1 to December 31, 2020. The document was submitted for analysis and verification by the Fiscal Council and approved by the Trustee Council. The accounting data were verified by Deloitte Brasil and follow the standards and norms in force by the regulatory agencies..
Since 2015, the publication of the Activities Report follows the guidelines of the Global Reporting Initiative (GRI). As in the previous version, the Report was prepared in accordance with the GRI Standards, the “Essential” option. The indicators and their management methods are indicated throughout the text and in the GRI table of contents. This document integrates the accounts rendering and presents the main achievements of BB Foundation related to socioenvironmental investment, as well as strategy and internal management.
In the 2020 Activities Report, it is also possible to learn about some of the transforming initiatives developed by BB Foundation and which made tangible the results shown herein.
Comments, questions, suggestions or criticisms about this Report can be sent to estrategia.govcorp@fbb.org.br or comunicacao@fbb.org.br.
Set out in 2018, when 2019-2023 Five-Year Strategic Plan was prepared, the Materiality Matrix presents the prioritization of material themes, as well as the definition of their aspects and limits, which have been referenced by BB Foundation's stakeholders: BB Foundation employees, Banco do Brasil conglomerate (Grantor) employees, representatives of the Public Power (municipal, state or federal), investor partners, executive partners, project participants and other representatives of civil society and of the Third Sector.
In 2020, with the purpose of a greater connection and alignment with the requirements and changes pertinent to the Third Sector of Brazilian economy, and having faced a year with many atypical external occurrences (pandemic, extreme climatic effects and others), a new consultation with the main internal and external stakeholders of BB Foundation was necessary to update the Materiality Matrix.
As a result of this new process of verifying the material issues to be addressed in this Activities Report, the following subjects were considered of high relevance for stakeholders and of high impact for BB Foundation:
Humanitarian Aid/Social Assistance (emergency causes)
Ethics & Transparency
Social Technology
Socioenvironmental Responsibility in Programs and Projects
Diversity, Equality & Inclusion
Mobilizing Social Investment
From the definition of these material themes, it was possible to outline strategies that are more aligned with the reality of the communities served by BB Foundation and with the vision and interest of our stakeholders.
In addition, other topics are also mentioned throughout this Report, as BB Foundation considers them relevant for its performance, such as: Relationship with Partners, Communication and Visibility, Volunteering, Risk and People Management, Governance and Information Technology.