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Suzano’s Innovability Transformation: The Next 100 Years

Published 24 Jun 2024
Reference 6897
Topic Strategy
Region South America
Length 53 page(s)
Language English
Summary

Based in Brazil, family-run Suzano is a global leader in pulp and paper that is looking to diversify beyond its core activities and become part of the green economy. A merger with Fibria in 2019 leads to a major restructuring. As the company celebrates its 100-year anniversary in 2023, attention turns to framing a vision for the century to come. The case describes Suzano’s efforts in innovation and how “innovability” permeates the entire company, creating new business opportunities for the future. These include solutions to various challenges centred on planting eucalyptus, which has short fibres, and the trading of pulp and paper. It shows how Suzano combines efficient execution with sustainable practices while continuing to be competitive globally.

Teaching objectives

This case illustrates how innovation can be a catalyst for a sustainability transformation in large organizations, in this context referred to as “innovability”. The setting – a family-run global company based in Brazil – highlights the challenges and opportunities of emerging markets. It shows how Suzano puts in place a highly sustainable business model in terms of cost efficiency and excellent execution.

Keywords
  • Innovability
  • pulp
  • paper
  • Brazil
  • sustainable farming
  • eucalyptus
  • biodiversity
  • sustainability-linked bonds (SLB)
  • renewable energy
  • biomass
  • diversification
  • organizational change
  • green economy
  • SDG3 Good Health & Well-Being
  • SDG4 Quality Education
  • SDG5 Gender Equality
  • SDG6 Clean Water and Sanitation
  • SDG7 Affordable and Clean Energy
  • SDG8 Decent Work and Economic Growth
  • SDG11 Sustainable Cities and Communities
  • SDG12 Responsible Consumption and Production
  • SDG13 Climate Action
  • Q22024