Our Group

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”Let us stop the answering with lies and fake promises. Let us end the pollution of hollow words. Let us fight for a livable future and present. It is always necessary to believe this dream is possible.”

— Txai Suruí

Message from the Board

3 Guilherme Leal
1 Pedro Passos
2 Luiz Seabra

Message from
the Board

Faced with the challenges of this past year, we reaffirm our confidence in our beliefs and purpose to guide us. We hold steadfast to our entrepreneurial vision, crafting a brighter world through the rich tapestry of connections we nurture in our expansive network, where business becomes a catalyst for positive transformation.

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Message from the CEO

_60A0800_pp copy Fábio Barbosa

Message from the CEO

In 2023, Natura &Co underwent a transformative journey marked by rebuilding, refocusing, and a remarkable turnaround. Despite facing challenges on multiple fronts that tested our values, I take pride in the accomplishments and the strategic path we forged.

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2023 Financial
Highlights

Natura &Co’s 2023 financial results reflect the benefits of a strategy defined and implemented 18 months ago.

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Net Revenue

+0% in constant currency
2022
BRL 0 billion
2023
BRL 0 billion

Gross Margin

+0  bps.
2022
0 %
2023
0 %

Adjusted EBITDA

+0%
2022
BRL 0 billion
2023
BRL 0 billion

Net Income

+0%
2022
BRL 0 billion
2023
BRL 0 billion
 

Environmental, Social and Governance Highlights

Set science-based targets
for emissions scopes
focusing on an absolute reduction of 42% by 2030
Guarantee
equal pay
between women and men
Living Wage
for 100% of our people
in over 53 countries
0%
of recyclable
reusable and compostable packaging
0+ thousand
families
positively impacted by the Natura Amazônia program
Natura &Co Latin America’s
business strategy
incorporated the Regeneration concept
Regenerative pilot
on six Natura &Co ingredients
based on UEBT premises
IP&L: A methodology applied to Natura
found that for every R$1.00 of revenue,
Natura generated R$2.70 of positive socio-environmental impact

Global Footprint

0+
Countries
0 million
Consultants and Representatives
0+
Stores and Franchises

Awards and Recognitions

 - Pro-Ethics

Pro-Ethics

Pro-Ethics seal awarded to Natura Cosméticos for the fifth consecutive year.

 - CDP Climate

CDP Climate

For CDP Climate, Natura Cosméticos maintained an A- score, and Avon International achieved a B score for its first disclosure in five years. Natura was also highlighted in CDP's Supplier Engagement Index (SER) for its work with the value chain.

 - ISE B3

ISE B3

Natura &Co are part of ISE for the 18th consecutive year (considering participations prior to 2019 by Natura Cosméticos S.A.).

 - B Corp

B Corp

Natura &Co has been certified as a B Corp since 2020. B Corps meet the highest standards of verification of social and environmental performance, public transparency and legal responsibility by reconciling profit and purpose.

2023 Performance

2023 Performance

In 2023, Natura &Co achieved significant milestones, marking a transformative year driven by strategic initiatives. Key highlights include the successful execution of our simplification strategy, demonstrated by the divestment of Aesop and The Body Shop, resulting in a further streamlined Holding structure and enhanced autonomy within Business Units.

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Our Strategy

Our Strategy

Despite continuing to operate in a volatile economic and political scenario, we kept delivering on our strategy of protecting margins, simplifying the business, improving our capital structure, and focusing on transformational projects. The results already demonstrate that we are heading in the right direction.

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Who we are

We are Natura &Co → Natura &Co is a purpose-driven group uniting Natura and Avon, engaging customers through 6 million dedicated Beauty Consultants and Representatives, more than 1000 stores and franchises, and 22,000 employees.

We believe in → Promoting real positive economic, social, and environmental impact. We believe that the world does not need another big company. The world needs symbols of change capable of blazing new trails and inspiring others to follow.

Our purpose → To nurture beauty and relationships for a better way of living and doing business.

Our aspiration → We will dare to innovate to promote positive economic, social, and environmental impact.

Corporate Governance

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Natura &Co headquarters in Sao Paulo

Corporate Governance

In a transformative year for Natura &Co, our corporate governance played a decisive role in making strategic and necessary decisions that bolstered the foundation for our future growth.

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Our Board

board-2560-min
Luiz Seabra Pedro Passos Guilherme Leal Bruno Rocha Carla Schmitzberger Gilberto Mifano Andrew McMaster Jr. Georgia Melenikiotou Duda Kertész
→ See our board matrix
Ethics & Compliance

Ethics
& Compliance

The resilience of our Ethics & Compliance programs proved invaluable during the significant changes which took place at the Holding in 2023. During this time, we steadfastly upheld our commitment to the highest ethical standards with a robust training and communication plan and the introduction of a comprehensive consolidated new Code of Conduct.

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Risk Management

Risk
Management

At Natura &Co, we’ve learned the importance of implementing an effective Enterprise Risk Management system. This means identifying risks that could significantly impact our company's value or reputation, while also recognizing opportunities for growth.

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Engaging in System Change

Engaging in System Change

In this decisive decade, as we grapple with the challenges presented by threats to nature, climate change, injustice and inequality, we remain firmly committed to the belief that people around the world can unite and harness their collective power as a force for good.

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