In 2024, we celebrated 25 years of CCR Group history, and we marked this special date with the consolidation of a new strategy, which laid the foundations for building a more solid and sustainable future for the company, creating value for its customers, shareholders, employees and society in general.
As a key part of this movement, we have the creation of the Highways, Urban Mobility and Airports platforms, which now act autonomously to execute business strategies that maximize value generation and results. In this new configuration, the CCR holding company has acquired a more strategic role in portfolio management, in addition to establishing the policies and actions of the corporate areas and implementing the centers of excellence to make the organization simpler, more efficient, digital and customer-centric.
We invite all our stakeholders to read this annual report to learn about the strategies and actions that have enabled CCR Group to fulfill its vision of leading the mobility infrastructure sector with a focus on creating sustainable value.
Chairman of the Board of Directors of CCR Group
Access full CA-CCR MessageWe start 2025 with renewed spirit and new ambitions. To continue delivering superior results and being relevant in the market, we will devote even more energy to innovation. One of the developments of this movement is the launch of the Group’s Generative AI Journey, with several use cases already mapped out.
Undoubtedly, everything we have achieved in the last year reflects the commitment, professionalism and dedication of our employees and the trust of our investors, customers and other stakeholders, whom we thank for supporting us on this journey. They are the giants who will continue to help us move Brazil forward in 2025 and maintain CCR’s leadership as the largest and best mobility infrastructure company in the country.
CEO at the CCR Group
Access full CEO MessageEvery year, the CCR S.A. publishes its Integrated Report in accordance with the guidelines of the GRI Standard 2021 and CVM Resolution No. 014, also presenting indicators from the Sustainable Accounting Standard Board (SASB). The financial data contained in this report complies with the standards established by the Brazilian Securities and Exchange Commission (CVM).
This document is a transparency mechanism through which the company presents the impacts of its operations on the environment, the economy and society, including human rights, with information for the period between January 1 and December 31, 2024.
This report was discussed and participated in by the Executive Board and the People and ESG Committee, and was approved by the CCR Group’s Board of Directors and published on April 15, 2025.
The indicators have undergone limited independent third-party assurance, and the content includes the units over which CCR Group1 has corporate control, with any exceptions mentioned throughout the text. Based on the Integrated Reporting guidelines, no data or information has been omitted.
For questions and further information about this report, please contact us by e-mail: contato.sustentabilidade@grupoccr.com.br.
R$15,4
billion
Adjusted net revenue
R$8,9
billion
Adjusted EBITDA
R$1,8
billion
Adjusted net profit
The CCR Group has been a benchmark in mobility infrastructure in Brazil, leading the sector with excellence in service provision and improving people’s lives in the highway, urban mobility and airport concession segments for 25 years. It is present in 230 cities in 13 Brazilian states and today has more than 17,000 employees, responsible for managing 40 assets (concessions and services) in Brazil and in three Latin American countries: Curaçao, Costa Rica and Ecuador.
Responsible for 41% of all toll revenues on Brazilian highways, which demonstrates the strategic importance of the segment for the CCR Group. Its operations are spread across the South, Southeast and Midwest regions of the country, with a presence in 192 cities in five Brazilian states: São Paulo, Rio de Janeiro, Mato Grosso do Sul, Santa Catarina and Rio Grande do Sul. In total, there are 11 concessionaires that manage 3,600 kilometers of highways.
Its concessions serve various traffic profiles, such as passenger vehicles, motorcycles or heavy trucks (serving the agricultural or industrial sector), on short or long-distance, frequent or sporadic journeys. Around 3.4 million equivalent vehicles circulated daily on these highways in 2024.
CCR Group has been operating in the airport market since 2012, when it acquired a stake in three international airports: Curaçao International Airport, in Curaçao; San Jose International Airport, in Costa Rica; and Quito Airport, in Ecuador.
Since then, its operations have expanded nationwide, taking on the concessions for Tancredo Neves International Airport (BH Airport), the South and Central Blocks of airports and Pampulha Airport in Belo Horizonte, covering a total of 17 airports in Brazil.
In 2024, more than 45 million passengers traveled through its 20 airports with more than 200 regular routes. In Brazil alone, more than 31 million passengers were handled in 2024.
The CCR Group is the largest private sector rail operator in Latin America and the seventh largest in the world. It transported 750 million passengers annually in 2024, on a network that includes 130 train stations, subways, light rail vehicles (LRVs) and ferries, covering 189 kilometers in São Paulo, Rio de Janeiro and Salvador.
In the São Paulo metropolitan region, it manages ViaQuatro Line 4-Yellow and ViaMOBILITY Line 5-Lilac, Line 17-Gold (monorail under construction by the São Paulo State Government), all subway lines, lines 8-Diamante and 9-Esmeralda and trains.
In Salvador, Bahia, the company manages metro lines 1 and 2. And in the city of Rio de Janeiro, lines 1, 2 and 3 of the VLT, as well as a fourth line from 2024, with the inauguration of the Gentileza Intermodal Terminal (TIG).
The 2035 Ambition reinforces CCR’s vision of leading the mobility sector in the country with a focus on creating sustainable value by acting on four levers, through which it intends to reinforce its leadership position in the Highways Platform; gain scale in the global comparison in Urban Mobility and participate in the consolidation movements in Airports, in addition to leveraging growth to create value in the so-called Adjacent Businesses. The first lever on which 2035 Ambition is based is profitable and selective growth, in which the CCR Group expects to record a compound annual growth rate of at least a high single digit in operating income (adjusted EBITDA) and a share of adjacent businesses - such as retail, car rentals, parking lots, real estate, advertising etc.—of more than 10% in the Group’s total revenues.
AAA credit rating
In 2024, based on the results of the double materiality, CCR updated its sustainability strategy, which establishes how the CCR Group is committed to the prioritized topics, as well as its goals and performance indicators. That same year, the governance of the sustainability strategy was revisited, thus updating the roles and responsibilities of the Sustainability department and the other groups linked to the topic within the company, as shown in the diagram on the following page:
Reducing climate risk and environmental footprint
SBTi (2019 baseline) – 27% reduction in Scope 3* emissions by 2033 and customer engagement
New partnerships and structures were implemented under the management of the Corporate Security and Business Resilience Department (see more on pages 63 and 88).
First carbon credit purchase operation. Acquisition of 67,000 tons from Reservas Votorantim using the PSA Carbonfloor methodology. 9.4% of Scope 1 emissions neutralized in 2024. (see more on page 91).
Reuse of 36% of milled asphalt (see more on page 107).
Sustainable management of the value chain
100% of suppliers aligned with CCR’s sustainable procurement program (by 2035)
This year, the Sustainable Procurement Normative Instruction was approved, and 5,636 third-party due diligence assessments were conducted for entities considered higher risk, in accordance with our internal standards. The entire active supplier base is continuously updated and verified. There was an increase in the number of monitored strategic suppliers, rising from 205 to 517 companies, with an average improvement of 27% in the Supplier Quality Index (SQI) among those monitored suppliers (see more on pages 47 and 100).
Positive impact on society
Investment of up to R$ 750 million in social and cultura projects for communities (by 2035)
Over its 10 years of operation, the CCR Institute has invested around R$ 300 million, supported 730 projects in mobility and sustainable cities, culture and education, health and safety, and impacted more than 18 million people across 555 cities throughout Brazil (see more on page 114).
Valuing people
Engagement level above 9 points (by 2035)
Gender and racial representation in the organization’s leadership (by 2035)
The Pulses survey score rose from 8.4 to 8.7, and participation in the survey reached 83.80%, an increase of 9.2 percentage points in 2024 compared to the previous year (see more on page 133).
36.3% of women in leadership and 47.9% of employees identifying as non-white (multiracial) (see more on page 136).
Culture of integrity and safety
International Standard Governance and Zero- Accident Culture (by 2035)
ABNT NBR ISO 37301 – Compliance Management System and ISO 37001 – Anti-Bribery Management System certifications maintained for all CCR Group assets in Brazil, with a focus on ensuring the quality and traceability of sustainability data. (Units with partners, such as Renovias and BH Airport, have their own integrity programs). The pursuit of Zero Serious Accidents is embedded in the CCR Group’s strategic pillars. In 2024, there was a 25% reduction in serious accidents involving direct employees (see more on pages 65 and 72).
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