About Atvos

Atvos is among the leading clean energy companies in Brazil.

Our company produces and sells ethanol, VHP sugar, electricity and decarbonization credits (CBIOs) from sugarcane biomass.

We are one of the largest ethanol producers and suppliers in Brazil, and are helping to create a cleaner energy mix and reduce GHG emissions in the country.

Our operations

Taquari Cluster

This cluster comprises two operations, named after their host municipalities of Alto Taquari, Mato Grosso, and Costa Rica, Mato Grosso do Sul.

Goiás Cluster

This cluster comprises three operation sites in the state of Goiás: Rio Claro, in the municipality of Caçu; Morro Vermelho, in the city of Mineiros; and Água Emendada, in Perolândia.

South Cluster

This cluster comprises four operations straddling the border between the states of São Paulo and Mato Grosso do Sul: Conquista do Pontal, in Mirante do Paranapanema (SP), Alcídia*, in Teodoro Sampaio (SP); Eldorado, in Rio Brilhante (MS); and Santa Luzia, in Nova Alvorada do Sul (MS).

* hibernating


More than 300 employees work at our Headquarters in São Paulo (SP) and our office in Campinas (SP).

from Our Leadership

Atvos made important strides in the 2021/2022 crop year. We expanded our operations—resuming investments in our mills and new sugarcane plantations—and we laid the foundation to become more efficient, sustainable and competitive in producing clean energy from sugarcane.

Internally, we began an effort to restructure our company with the approval of a new Business Plan outlining four pillars that will guide our activities over the coming years: Agricultural Productivity, Cost Efficiency, Organizational Alignment and Business Sustainability. Together with our recently approved Agricultural and Industrial Master Plan, these pillars lay out a blueprint for a more sustainable future for our business, underpinned by a solid governance foundation.

Atvos is experiencing a period of transformation and growth. We are grateful for the daily dedication of our team members, suppliers, partners and all of those who are helping us to build our future. We invite you to learn about our challenges and successes in the 2021/2022 crop year in this Annual Report.

Gustavo Alvares


The crop year at a glance

Production Figures

8.3 TAH

(Metric Tons of Sugar
per Hectare)

135.5 ATR

(Total Recoverable
Sugar) Average

52.8 TCH

(Metric Tons of Cane
per Hectare) own farms

68.8 TCH

(Metric Tons of Cane
per Hectare) contract farms

Economic and
financial performance

We enjoyed one of our best financial years to date, with:

R$ 6.87 billion

in net revenue, up 35%
on crop year 2020/2021.

R$ 2.2 billion

in adjusted EBITDA*,
up 84%.

R$ 1.34 billion

in cash generation**,
a gain of 55% on the previous crop year.

* Excluding the effects of IFRS 16 and amortization
of crop care operations

** Cash generation is operating cash flow less
CAPEX and changes in working capital

R$ 693 million in investments in field and mill productivity, 75% more than in the previous crop year.

Cane-field performance
562 metric tons
of sugarcane harvested per machine per day
Harvester elevator hours
improved from 9:38 to 10:49
Harvester availability improved to 85.8% (vs. 83.2% in the previous crop year)
Tractor availability
improved to 84.9% (from 83.9%)
Our Água Emendada (GO) operation received an Agricultural Productivity Award from Grupo IDEA and the Sugarcane Technology Center.
Cubo, a harvest monitoring program covering all our operations, helped to remove 115 redundant pieces of equipment from the field, by minimizing machinery downtime.

ESG Strategy

During the 2021/2022 crop year we evolved our scenario analysis, risk and opportunity assessment, and target-setting practices. As part of our ongoing transformation, we mapped out our existing environmental, social and governance initiatives to set targets and develop a better structured ESG practice. Below are some of our related highlights in the crop year.

Environmental Social Governance
  • We avoided 51.4 million tCO2 equivalent of emissions through the use of our products.
  • We neutralized an estimated 564 metric tons of CO2 in emissions in the 2021 and 2022 Mitsubishi Rally seasons.
  • Our Conquista do Pontal operation received a UDOP/Embrapa Good Environmental Practices Award.
  • We used filter cake in 12,200 hectares and vinasse in 76,400 hectares of sugarcane plantations in replacement of chemical fertilizers.
  • We implemented a Diversity & Inclusion Policy and set up a dedicated Committee to develop more initiatives focused on gender equality, which remains a challenge in our industry.
  • Our Eldorado operation received a "Women-Friendly Company Social Seal" from the state of Mato Grosso do Sul.
  • A partnership with the State Government, the Costa Rica Conflict Mediation Center (MS) celebrated its fourth anniversary, helping to prevent cases in the region from going to court.
  • Since March 2020, more than 5.8 million people have benefited from the donation of over 220,000 liters of 70% ethanol.
  • The Board of Directors is made up of five members, three of whom are independent.
  • We engaged Ernst & Young (EY) to perform a review of the company’s financial statements.
  • 100% of our team members were informed of our anti-corruption policies and procedures.
  • We created a cybersecurity program based on the NIST Cybersecurity Network methodology.


9,172 team members

During the 2021/2022 crop year we created MOVA (Modelo Vivo de Aprendizagem) a new corporate training platform with 10 Thematic Academies that help to guide our employees on their continuous learning journey.

The Eldorado unit received the Women-Friendly Company Social Seal from the state of Mato Grosso do Sul. This distinction is given to companies that contribute to women insertion in the workforce, and that value women’s rights.


We created a Diversity & Inclusion Committee to build an inclusive culture and promote a work environment that is respectful, welcoming, accessible, and equitable.

and partners

Our Stronger Partners program strengthens engagement with contract farmers and landowners.

We sourced sugarcane from 42 suppliers, who delivered 10 million metric tons during the 2021/2022 crop year.

100% of suppliers were screened against social and environmental criteria, and signed our Sugarcane Value Chain Sustainability Commitment.

In crop year 2021/2022 we had 2,456 suppliers of goods and services, totaling R$ 2.3 billion in business.