Plenary Case Study: Camargo Corrêa Group, Brazil
Camargo Corrêa Group, represented by
Rosana Camargo De Arruda Botelho, Member of the Board, Participações Morro Vermelho (Group holding company) (2nd generation)
Renata de Camargo Nascimento, Member of the Board, Participações Morro Vermelho (Group holding company) (2nd generation)
Carla Duprat, Chief Sustainability Officer, Camargo Corrêa Group (non-family)
In this session, shareholders from the Camargo family will share their experience in defining the Group´s sustainable development model, the main lessons learned in promoting cultural change, examples of triple bottom line results and the main challenges lying ahead. As stewards of the next generation, the second generation shareholders are preparing the third generation to lead in an increasingly complex social, economic and environmental context. Ensuring high governance standards that allow the businesses to grow aligned to the family values is part of their legacy.
The Camargo Corrêa Group, founded in 1939 as a small construction company in São Paulo, is today a diversified conglomerate occupying leading positions in key sectors of construction, infrastructure, industry and brand management. Currently with over 58,000 employees, the Group operates in 20 Brazilian states, is present in 17 countries and has 60 plants in different parts of the world. The Group is structured as a closed capital and family-owned holding company and in 2012 recorded turnover of $11 billion.