GRI 103-2, 103-3 and 201-4
inpEV’s revenue comes from the contribution of the crop protection manufacturing industry, from recycler accreditation fees, from fees charged to cover costs of the receiving units and from the lease of the Campo Limpo Plastic Transformation and Recycling S.A.. The Institute does not receive financial support from the government nor funds from credit agencies. The budget is monitored on a monthly basis by managerial meetings as well as by the Institute’s Board of Directors.
All management is committed with initiatives of efficiency, productivity gains and cost reductions. In 2019, the project that transfers the phase of removing the label and insert from the empty packaging to recyclers was concluded. Before they were manually removed at the central stations and outposts, but are now removed in an automated fashion at partnering companies. inpEV also developed the project for recycling unwashed rigid packaging. With this initiative, these packages, which previously were incinerated, started being recycled.
The knowledge and experience as the managing entity of the Campo Limpo System also allow inpEV to act in providing services and consultancy by assisting other sectors and companies to structure and manage reverse logistics systems similar to the agricultural chain. The Institute is continuously assessing these opportunities, which can equally contribute towards the self-sufficiency of the entire System.
R$ 1.4 billion invested since 2002 to fund the activities of the Campo Limpo System1.
1 - Refers to investments made by all links of the chain.
Read more about inpEV’s economic performance in the Financial Statements..
ECONOMIC-FINANCIAL PERFORMANCE | 2017 | 2018 | 2019 |
|---|---|---|---|
Total assets | 101.1 | 108.8 | 136.7 |
Total resources that finance the program (inpEV + chain links) accumulated since 2002 | 1,129 | 1,253 | 1,380 |
Net revenue of activities | 126.5 | 135.4 | 139.2 |
Member contributions | 67 | 72 | 72 |
Accreditation fee1 | 14 | 15 | 16 |
Campo Limpo Property Lease2 | 7 | 8 | 10 |
Net equity | 84 | 98 | 113 |
Net indebtedness3 | 2 | 2 | 2 |
1 - Paid by recyclers for shipment of the packaging sent by inpEV and for the Institute’s technical cooperation.
2 - Rent paid by Campo Limpo Plastic Transformation and Recycling S.A. to inpEV.
3 - This only considers obligations with suppliers, excluding obligations with central stations and outposts.
