Transforming realities through efficient and innovative operations, coupled with commitment and care for people

Discover our progress in our 2024 Annual Sustainability Report and find out how we are promoting health, dignity and quality of life for millions of people in the state of Rio de Janeiro.

Overview

Mais do que tratar água e esgoto, nós transformamos realidades.

In 2024, we intensified our efforts to modernize our infrastructure and increase our operational efficiency, always focusing on water quality, sustainability and security of supply. Investments in metering and loss prevention were key to reducing water waste in the municipalities we serve. In addition, we remain committed to promoting health, dignity and quality of life for millions of people, demonstrating how our actions and investments are building a better future for all.

We began our activities on August 1, 2022, with a commitment to invest more than R$4 billion over our 35-year concession period, ensuring better health, quality of life and well-being for the population served.

Who We Are

CORPORATE PROFILE

Rio+Saneamento BL3 S.A. is a publicly traded Brazilian company, classified as a Category B corporation, headquartered in Rio de Janeiro. Our shareholders include the Águas do Brasil Group and Vinci Infraestrutura Água e Saneamento Strategy FIP-IE, an investment fund managed by Vinci Partners.

We serve 18 municipalities, encompassing 24 neighborhoods in the municipality of Rio de Janeiro, representing 48% of the city’s total area and home to over 2.6 million people. Our infrastructure features 39 and water treatment plants and units, 14 underground water intakes, 150 km of water mains with a diameter of over 1.5 meters and 15 sewage treatment plants.

Our work is underpinned by technical excellence, sustainability and a commitment to achieving universal access to water and sewage services. Since 2022, we have invested more than R$467 million to transform lives and guarantee a better quality of life for those who need it most.

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Message from Management

Uma nova fase do saneamento no Rio de Janeiro.

Our leaders share the vision that drives us forward and the milestones of a transformative year.

A more sustainable and dignified future for millions of Brazilians

The year 2024 marked a new phase, featuring more infrastructure projects, more deliveries and more impact on people’s lives. Seeing transformations taking place before our eyes – in communities, in cities, in people’s homes – is what drives us. And that’s exactly what we’ve experienced: a concrete change in the lives of thousands of families in Rio de Janeiro State…

The year 2024 represented an important step in the consolidation of Rio+Saneamento as a company committed to universal sanitation, sustainability and excellence in the provision of essential services. As well as providing drinking water and treating sewage, we remain dedicated to bringing health, dignity and well-being to millions of people…

Leonardo Righetto
Chief Executive Officer

Key Numbers

2,5

years
operating

39 estações e unidades de tratamento de água

0

water treatment plants and units

0

km
of water networks

0

year
concession contract

0

sewage treatment plants

0

km
of sewage networks

SANITATION TARGETS

99% de universalização da cobertura de água até 2033

0

%
water supply coverage by 2033

90% de universalização da cobertura de esgoto até 2033

0

%
sewage service coverage by 2033

0

%
maximum water loss rate by 2032

Highlights of 2024

Resultados concretos que fazem a diferença

From Rio Claro to Rio das Ostras, passing through Rio de Janeiro’s west side and reaching the northern and northwestern parts of the state, our investments have translated into construction projects, service formalizations and new connections, changing the lives of thousands of families. In 2024 we launched new programs, revitalized treatment plants and expanded access to the “Social Tariff” subsidy scheme. We were also recognized as one of Brazil’s best companies in terms of customer experience.

RESULTS THAT MADE A DIFFERENCE IN 2024

842 thousand customers supplied with treated water

37 % reduction in number of unplanned service interruptions

More than 450 thousand services provided, including the installation and replacement of water meters, re-registrations and mobile services

Over 80 thousand new water and sewage connections

R$ 261,8 million invested in expansion, modernization and operational efficiency

213 % increase in length of sewage networks

RECOGNITION IN 2024

Experience Award

PROSEGH certification

Classificação AAA pela Fitch Ratings em 2024

Bonds rated AAA by Fitch Ratings

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ESG Strategic Pillars

Sustentabilidade no centro da nossa estratégia.

Our work goes beyond basic sanitation: we are working to build a sustainable management model.

Each area of Rio+Saneamento has ESG targets linked to our overall performance. Meeting these targets directly impacts our strategic indicators, ensuring that sustainability is a value incorporated into our everyday activities.

We have structured our operations around four strategic pillars. These pillars are linked to the UN Sustainable Development Goals and anchor our ESG journey with clear and measurable targets.

Integrity and transparency

Follow best practices in governance, business integrity and transparency in our activities.

Universal access to sanitation

Bring increasingly intelligent solutions and development to society as a whole through the supply of high-quality water and sewage collection and treatment.

An efficient water cycle

Accelerate the development agenda through sanitation (water and sewage services) and by raising society’s awareness of the water cycle.

Water security and climate change

Assess the water security of operations and contribute to mitigating the causes of climate change through best practices and the recovery of water bodies and their biodiversity.

Commitment to SDGs

Alinhados aos Objetivos de Desenvolvimento Sustentável.

As signatories to the UN Global Compact, we have incorporated the 17 Sustainable Development Goals (SDGs) into our strategy. In 2024, we prioritized eight SDGs:

ODS 3
Good Health and Well-Being

ODS 11
Sustainable Cities and Communities

ODS 5
Gender Equality

ODS 12
Responsible Consumption and Production

ODS 6
Clean Water and Sanitation

ODS 13 - Ação contra a mudança climática

ODS 13
Climate Action

ODS 8 - Trabalho decente e crescimento econômico

ODS 8
Decent Work and Economic Growth

ODS 16 - Paz, justiça e instituições eficazes

ODS 16
Peace, Justice and Strong Institutions

ESG Highlights

Atuação responsável e conectada com os princípios ESG.

Learn about key initiatives that marked our ESG journey in 2024.

Environmental

We invested in solutions to protect the environment and promote the responsible use of natural resources. Here are some highlights in this area:

Cooking Oil Disposal Program: We collected and properly disposed of 466 liters of used vegetable oil, preventing the contamination of approximately 11 million liters of water.

Waste reuse: We transformed more than 260 metric tons of sludge into organic compost and sent 504 tons of sludge to ceramic manufacturers, boosting the circular economy.

Responsible waste disposal: The proportion of waste sent for sustainable treatment, such as composting and recycling, rose from 14% to 37%.

Opening of group’s first solar farm: We took a major step toward cleaner and more sustainable operations by opening our solar farm in Seropédica.

Reduction in electricity consumption: Thanks to our energy efficiency initiatives, our power consumption fell 9,397.55 GJ in proportional terms.

Social

We brought health, inclusion and quality of life to thousands of people through initiatives focused on citizenship, education and income generation:

“Social Tariff” subsidy scheme: The “Social Tariff” subsidy scheme expanded considerably in the municipalities in our concession area, and it now benefits over 180,000 households (more than 20% of all households served).

Social and Environmental Program: We invested in environmental education and citizenship initiatives in schools and communities, raising the awareness of more than 2,600 people, including children, young people and adults.

Diversity: We exceeded our initial targets for management diversity, as 37% of management positions are now held by black and mixed-race people, while 34% are held by women.

Supplier assessment: During the year, new suppliers were selected based on social and environmental criteria. We conducted due diligence with a specific scope to mitigate risks related to illegal labor practices, such as child, forced and slave-like labor.

Growth of Rio Neighborhood Program: This initiative was created to listen to the demands of the population and answer questions about the services provided. In 2024, we held 34 meetings involving 1,233 people in all, promoting the active participation of residents in the search for joint solutions and bringing the company even closer to local circumstances.

Governance

We reinforced our culture of integrity through structured actions to ensure ethics, transparency and accountability:

Compliance training: We provided this training to members of governance bodies and executives, focusing on ethics, anti-corruption measures and diversity.

Strengthening of governance, risks and compliance structure: We created a new target management app and set up strategic committees to anticipate risks and enhance transparency.

Active senior governance: Our advisory committees met every month to analyze risks and propose corrective and preventive measures.

Risk mapping: We made significant progress in mapping risks and identifying imbalances in our concession contract, based on the experience gained in the first two years.

Want to find out more about how we are transforming lives through sanitation?

Read our full 2024 Sustainability Report.

READ THE REPORT

EXECUTIVE REPORT