Ultrapar Participacoes SA

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Direct Lobbying Transparency

Overall Assessment	Comment	Score
Moderate	Ultrapar Participações SA provides a moderate level of transparency around its climate-policy lobbying. It identifies one specific piece of legislation—the Brazilian RenovaBio Program—and explains that it also engages on related themes such as carbon-market regulation, green-diesel rules and “simplification of the Brazilian tax system,” showing that its lobbying is focused on policies relevant to the national low-carbon transition. The company describes the method of engagement only in general terms, referring to an “ongoing engagement agenda aimed at improving the RenovaBio Program” and activity to “promot[e] regulatory aspects for green diesel production and marketing,” while the intended audience is described simply as “policymakers involved in the regulation of carbon markets and the Brazilian tax system,” without naming particular ministries, agencies or legislators. By contrast, it is explicit about what it wants to achieve: “promoting improvements in the regulatory and work processes” of RenovaBio, the “creation and regulation of carbon markets,” and a drive to “implement measures to reduce and mitigate GHG emissions in its operations,” all of which it links to its energy-transition plan and alignment with the Paris Agreement. Together, these disclosures give a clear picture of the outcomes sought, but provide only limited insight into the specific mechanisms and targets of the company’s lobbying.	2

Lobbying Governance

Overall Assessment	Comment	Score
None	Ultrapar Participacoes SA outlines that “Oxiteno has representatives at the Brazilian Chemical Industries Association (ABIQUIM) in different working groups, forums and committees,” where they focus on “reviewing bills, positioning the chemical industry on climate-related issues and, working on consensus for relevant themes for the sector, like circular economy, life-cycle assessment,” and that its Ipiranga unit engages in “RenovaBio program and regulatory enhacements on its regulatory processes and working system.” However, the company does not disclose any internal governance framework—there is no formal policy, oversight body, or defined review or sign-off process for its lobbying activities. We found no evidence of a named individual or committee that oversees lobbying alignment, and it confirms it does not have a public commitment “to conduct your engagement activities in line with the goals of the Paris Agreement,” stating “No, but we plan to have one in the next two years.”	0