Casa da Moeda do Brasil (“the Mint”) has sought to consistently enhance its management transparency through disclosure of information about performance and production capacity. Our Sustainability Report for 2015/2016, the first in our history, is an important tool as part of these efforts. In two years of significant transformation, the period covered by this Report was punctuated by events that have been etched into our three centuries of history.
We also faced major challenges deriving from the internal and external business environment which required extra effort by all employees and by our management, which was newly appointed in July 2016. This Report summarizes our key achievements in 2015 and 2016 and how we are preparing for the future.
“2016 saw the delivery of one of the most important projects in our history: the medals, commemorative coins and security print materials for the Rio 2016 Olympic and Paralympic Games – in a collaboration from which much was learned.”
2016 saw the successful delivery of one of the most important projects in our history: the medals, commemorative coins and security print materials for the Rio 2016 Olympic and Paralympic Games. Much was learned from our collaboration with the Rio 2016 Organizing Committee. In addition to driving business opportunities and providing increased visibility, the project accelerated progress in sustainability by developing materials using environmentally and socially responsible sourcing.
These lessons were incorporated into our environmental management processes, which were certified in 2015 to ISO 14001 (Environmental Management Systems) and OHSAS 18001 (Occupational Health and Safety Management Systems).
This was achieved in a context of major transformation. A reorganization of our departments and management in 2015 restructured the Mint's core business and customer service processes. We will now assess the outcomes from the reorganization over the course of one year and whether any further adjustment will be required. With a focus on our human capital, we have enhanced our knowledge- and capacity-building processes and invested in a new people management committee. We have revised our Code of Ethics and developed a Compliance Policy designed to meet the Mint’s requirements and to improve project efficiencies without neglecting good governance and compliance with applicable laws and regulations.
“A recent reorganization of the Mint has focused on simple solutions and quick wins to improve productivity and efficiency without raising costs.”
To “put things in order” during this period of transition, we are implementing a program called "Programa Óbvio" that is focused on finding simple solutions and ensuring existing processes function properly. Results from the program include our successful reestablishment of passport production with an increased focus on machine maintenance and cross-team communications; initial changes for compliance with the Government Companies Act, which came into force in July 2016; and the development of new applications for our digital product tracking and identification technology.
These and other “housekeeping” initiatives enabled us to meet our circulation currency production targets without delays during the year. With this focus on quick-win ideas, allowing us to increase productivity and efficiency without raising costs, we will continue to improve our services and develop new markets in Brazil and abroad.
The whole of these efforts is described in the following pages, which tell the story of both our past and our present and what we aspire for the future. Delivering on two of our values – transparency and sustainability – this Report demonstrates our tireless efforts to fulfill our Mission of providing customers with sustainable security solutions in the currency, identification and fiscal control segments.
Alexandre Borges Cabral Chief Executive, Casa da Moeda do Brasil
