FBDS was established through the association of 24 leading companies concerned about the implementation of an efficient model of sustainable development.
The Upper Board brings together these companies that associated themselves with the objective of establishing the foundation in December 1991. The Board members are:
| Arcelor Mittal Inox Brasil successor of Acesita - Cia. Aços Especiais Itabira |
| Fibria Celulose S.A. successor of Aracruz Celulose S.A. |
| Brookfield Brasil S.A. successor of Brascan Administração e Investimentos Ltda. |
| Itochu Brasil S.A. successor of C. Itochu do Brasil S.A. |
| Grupo Orsa successor of Companhia do Jari |
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| Arcelor Mittal Brasil S.A. successor of Companhia Siderúrgica Belgo-Mineira |
| Grupo Gerdau successor of Companhia Siderúrgica Pains |
| Grupo Suzano successor of Companhia Suzano de Papel e Celulose |
| Vale S.A. successor of Companhia Vale do Rio Doce |
| Construtora Andrade Gutierrez S.A. |
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| Eximcoop S.A. (Extinta)
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| Klabin S.A. successor of Klabin Fabricadora de Papel e Celulose |
| V & M do Brasil S.A. successor of Mannesmann S.A. |
| Sojitz do Brasil S.A. successor of Nissho Iwai do Brasil S.A. |
| Nutrimental S.A. |
| Petrobras - Petróleo Brasileiro S.A. |
| Realcafé Solúvel do Brasil S.A. |
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| Suzano Papel e Celulose S.A. successor of Conpacel successor of Ripasa S.A. Papel e Celulose |
| Saint-Gobain S.A. |
| Shell Brasil S.A. |
| Tetra Pak Ltda. |
| VRG Linhas Aéreas S.A. successor of Varig S.A. |
| Veracel Celulose S.A. successor of Veracruz Florestal Ltda. |
| Votorantim Celulose e Papel S.A. successor of Indústrias de Papel Simão |
