XML 47 R38.htm IDEA: XBRL DOCUMENT v3.25.3

Financial instruments and risk management (Tables)

9 Months Ended

Sep. 30, 2025

Disclosure of detailed information about financial instruments [line items]

Financial Instruments - Classification

			Note						09/30/2025						12/31/2024
Assets
Amortized cost
Cash and cash equivalents			5						15,838,866						9,018,818
Trade accounts receivable			7						6,129,481						9,132,860
Other assets (1)									637,949						628,275
									22,606,296						18,779,953
Fair value through other comprehensive income
Investments			14.1						962,341						1,138,066
									962,341						1,138,066
Fair value through profit or loss
Derivative financial instruments			4.5.1						8,116,404						3,887,100
Marketable securities			6						8,051,784						13,363,511
									16,168,188						17,250,611
									39,736,825						37,168,630
Liabilities
Amortized cost
Trade accounts payable			17						5,428,821						6,033,285
Loans, financing and debentures			18.1						92,962,205						101,435,531
Lease liabilities			19.2						6,845,742						6,972,915
Liabilities for assets acquisitions and subsidiaries			23						96,801						120,490
Dividends and interests on own capital payable									1,992						2,200,917
Other liabilities (1)									90,670						143,330
									105,426,231						116,906,468
Fair value through profit or loss
Derivative financial instruments			4.6						7,623,291						10,454,820
									7,623,291						10,454,820
									113,049,522						127,361,288
									73,312,697						90,192,658

Financial Instruments - Fair Value

			Yield used to discount/methodology						09/30/2025						12/31/2024
Quoted in the secondary market
In foreign currency
Bonds			Secondary Market						42,756,587						48,734,909
Estimated present value
In foreign currency
Export credits (“Prepayment”)			SOFR						19,409,883						22,740,891
Assets Financing			SOFR						300,405						422,115
IFC - International Finance Corporation			SOFR						5,437,090						6,261,715
ECA - Export Credit Agency			SOFR						1,975,509						864,202
Panda Bonds - CNY			Fixed						908,265						951,125
In local currency
BNDES – TJLP			DI 1						113,687						171,109
BNDES – TLP			DI 1						3,841,771						3,275,012
BNDES – TR			DI 1						45,234						33,466
BNDES – Selic (“Special Settlement and Custody System”)			DI 1						582,277						645,139
BNDES – UMBNDES			DI 2						249,135						106,966
Assets Financing			DI 1						53,062						60,566
Debentures			DI 1/IPCA						11,072,428						12,002,992
NCE (“Export Credit Notes”)			DI 1						106,315						108,308
NCR (“Rural Credit Notes”)			DI 1						5,294,223						2,424,457
CPR ("Rural Product Note")			DI 1						1,404,472
ECO INVEST – Agroindustrial Credit			DI 1						346,764
									93,897,107						98,802,972

Financial Instrument - Liquidity risk

																																	09/30/2025
			Book value						Undiscounted cash flow						Up to 1 year						1 - 2 years						2 - 5 years						More than 5 years
Liabilities
Trade accounts payables			5,428,821						5,428,821						5,428,821
Loans, financing and debentures			92,962,205						134,723,594						7,630,901						15,055,057						44,536,979						67,500,657
Lease liabilities			6,845,742						12,839,183						2,327,478						1,201,940						3,104,433						6,205,332
Liabilities for asset acquisitions and subsidiaries			96,801						112,326						19,239						18,359						74,728
Derivative financial instruments			7,623,291						12,250,436						1,086,093						809,876						2,883,123						7,471,344
Dividends and interests on own capital payable			1,992						1,992						1,992
Other liabilities			90,670						90,670						45,995						44,675
			113,049,522						165,447,022						16,540,519						17,129,907						50,599,263						81,177,333

																																	12/31/2024
			Book value						Undiscounted cash flow						Up to 1 year						1 - 2 years						2 - 5 years						More than 5 years
Liabilities
Trade accounts payables			6,033,285						6,033,285						6,033,285
Loans, financing and debentures			101,435,531						142,028,543						13,599,011						14,235,170						50,858,667						63,335,695
Lease liabilities			6,972,915						12,099,294						1,302,590						1,176,832						3,094,493						6,525,379
Liabilities for asset acquisitions and subsidiaries			120,490						146,082						23,425						22,400						100,257
Derivative financial instruments			10,454,820						13,878,150						1,676,180						957,540						1,489,357						9,755,073
Dividends and interests on own capital payable			2,200,917						2,200,917						2,200,917
Other liabilities			143,330						143,330						60,892						82,438
			127,361,288						176,529,601						24,896,300						16,474,380						55,542,774						79,616,147

Financial Instruments - Exchange rate risk management

			09/30/2025						12/31/2024
Assets
Cash and cash equivalents			14,607,009						6,496,039
Marketable securities			807,263						70,255
Trade accounts receivable			4,497,967						7,090,160
Derivative financial instruments			4,987,686						3,887,100
			24,899,925						17,543,554
Liabilities
Trade accounts payable			(1,067,725)						(1,350,763)
Loans and financing			(69,042,086)						(83,004,915)
Liabilities for asset acquisitions and subsidiaries			(68,670)						(93,308)
Derivative financial instruments			(3,857,874)						(10,448,379)
			(74,036,355)						(94,897,365)
			(49,136,430)						(77,353,811)

Financial Instruments - sensitivity analysis

			09/30/2025
									Effect on profit or loss
			Probable (base value)						Possible (25%)						Remote (50%)
Cash and cash equivalents			14,607,009						3,651,752						7,303,505
Marketable securities			807,263						201,816						403,632
Trade accounts receivable			4,497,967						1,124,492						2,248,984
Trade accounts payable			(1,067,725)						(266,931)						(533,863)
Loans and financing			(69,042,086)						(17,260,522)						(34,521,043)
Liabilities for asset acquisitions and subsidiaries			(68,670)						(17,168)						(34,335)

09/30/2025

Effect on profit or loss

Probable (base value)

Possible (25%)

Remote (50%)

Embedded derivative in a commitment to purchase standing wood, originating from a forest partnership agreement

99,383

(24,312)

(51,222)

Financial Instruments - Sensitivity analysis foreign exchange - derivative

			09/30/2025
									Effect on profit or loss
			Probable (base value)						Possible 25%						Remote 50%
Dollar/Real
Derivative financial instruments
Derivative options			1,075,688						(5,104,632)						(12,077,754)
Derivative swaps			(710,040)						(3,218,272)						(6,517,850)
Derivative Non-Deliverable Forward (‘NDF’) Contracts			28,442						(116,280)						(232,553)
Embedded derivatives			99,383						(174,998)						(349,995)
Commodity Derivatives			(352)						(187)						(296)
Dollar/CNY
Derivative financial instruments
NDF parity derivatives			(7)						(2)						(4)

						Notional value, net in U.S.$												Fair value in R$
						09/30/2025						12/31/2024						09/30/2025						12/31/2024
Instruments as part of cash flow protection strategy
Cash flow hedge
Zero Cost Collar						5,962,800						6,852,200						1,075,688						(4,328,970)
NDF (R$ x US$)						90,000						581,000						28,442						(331,876)
NDF (CNY x US$)						1,500												(7)
Debt hedges
Swap SOFR x Fixed (US$)						2,015,371						1,973,705						132,462						394,129
Swap IPCA x CDI (notional in Brazilian Reais)						10,137,136						8,128,395						(788,468)						(825,899)
Swap CNY x Fixed (US$)						165,815						165,815						(2,687)						(6,440)
Swap CDI x Fixed (US$)						1,607,213						909,612						(25,130)						(776,261)
Pre-fixed Swap to CDI (notional in Brazilian Reais)						2,400,000												26,605
Swap CDI x SOFR (US$)						660,171						610,171						(52,823)						(590,764)
Swap SOFR x SOFR (US$)												150,961												(37,850)
Commodity Hedge
Swap US$ e US-CPI (1)						153,273						138,439						99,383						(80,759)
Zero Cost Collar (Brent)						252,089						163,941						1,285						6,097
Swap VLSFO/Brent						5,888						39,706						(1,637)						10,873
																		493,113						(6,567,720)
Current assets																		1,363,240						1,006,427
Non-current assets																		6,753,164						2,880,673
Current liabilities																		(1,188,743)						(2,760,273)
Non-current liabilities																		(6,434,548)						(7,694,547)
																		493,113						(6,567,720)

Financial Instruments - Fair Value Maturity

			09/30/2025						12/31/2024
2025			176,214						(1,753,846)
2026			448,898						(1,699,768)
2027			741,124						(36,905)
2028 onwards			(873,123)						(3,077,201)
			493,113						(6,567,720)

Financial Instruments - Outstanding assets and liabilities

												Notional value												Fair value in R$
						Currency						09/30/2025						12/31/2024						09/30/2025						12/31/2024
Debt hedges
Assets
Swap CDI to Fixed						R$						8,579,548						4,748,394						2,213,625						1,482,759
Swap SOFR to Fixed						US$						2,015,371						1,973,705						291,321						424,824
Swap IPCA to CDI						R$						10,657,886						8,382,699						1,382,291						927,586
Pre-fixed Swap to CDI						R$						2,400,000												1,518,808
Swap CDI to SOFR						R$						3,399,600						3,117,625						981,679						754,173
Swap CNY to Fixed						CNY						1,200,000						1,200,000						28,453
Swap SOFR to SOFR						US$												150,961												4,949
																								6,416,177						3,594,291
Liabilities
Swap CDI to Fixed						US$						1,607,213						909,612						(2,238,755)						(2,259,020)
Swap SOFR to Fixed						US$						2,015,371						1,973,705						(158,858)						(30,695)
Swap IPCA to CDI						R$						10,137,136						8,128,395						(2,170,759)						(1,753,485)
Pre-fixed Swap to CDI						R$						2,400,000												(1,492,203)
Swap CDI to SOFR						US$						660,171						610,171						(1,034,502)						(1,344,937)
Swap CNY to Fixed						US$						165,815						165,815						(31,140)						(6,440)
Swap SOFR to SOFR						US$												150,961												(42,799)
																								(7,126,217)						(5,437,376)
																								(710,040)						(1,843,085)
Cash flow hedge
Zero Cost Collar (US$ x R$)						US$						5,962,800						6,852,200						1,075,688						(4,328,970)
NDF (R$ x US$)						US$						90,000						581,000						28,442						(331,876)
NDF (CNY x US$)						US$						1,500												(7)
																								1,104,123						(4,660,846)
Commodity hedge
Swap US-CPI (standing wood) (1)						US$						153,273						138,439						99,383						(80,759)
Zero Cost Collar (Brent)						US$						252,089						163,941						1,285						6,097
Swap VLSFO/Brent						US$						5,888						39,706						(1,638)						10,873
																								99,030						(63,789)
																								493,113						(6,567,720)

Financial Instruments - Fair Value Settled

			09/30/2025						12/31/2024
Cash flow hedge
Zero Cost Collar (R$ x US$)			6,513						645,759
NDF (R$ x US$)			(15,388)						(68,695)
NDF (€ x US$)			(26)						73,781
			(8,901)						650,845
Commodity Hedge			6,303						89,327
Swap VLSFO/other			6,303						89,327
Debt hedges
Swap CDI to Fixed (US$)			265,568						(1,635,058)
Swap IPCA to CDI (Brazilian Reais)			(200,007)						(59,243)
Swap Pre-Fixed to US$									(221,462)
Swap SOFR to SOFR (US$)			1,504						2,199
Swap CDI to SOFR (US$)			120,515						19,074
Swap SOFR to Fixed (US$)			185,807						603,737
			373,387						(1,290,753)
			370,789						(550,581)

Financial Instruments - Fair Value Hierarchy

																								09/30/2025
						Level 1						Level 2						Level 3						Total
Assets
At fair value through profit or loss
Derivative financial instruments												8,116,404												8,116,404
Marketable securities						1,255,594						6,796,190												8,051,784
						1,255,594						14,912,594												16,168,188
At fair value through other comprehensive income
Other investments (note 14.1)						928,747												33,594						962,341
						928,747												33,594						962,341
Biological assets																		24,445,461						24,445,461
																		24,445,461						24,445,461
Total assets						2,184,341						14,912,594						24,479,055						41,575,990
Liabilities
At fair value through profit or loss
Derivative financial instruments												7,623,291												7,623,291
												7,623,291												7,623,291
												7,623,291												7,623,291

																					12/31/2024
			Level 1						Level 2						Level 3						Total
Assets
At fair value through profit or loss
Derivative financial instruments									3,887,100												3,887,100
Marketable securities			1,203,776						12,159,735												13,363,511
			1,203,776						16,046,835												17,250,611
At fair value through other comprehensive income
Other investments - (note 14.1)															38,196						1,138,066
			1,099,870												38,196						1,138,066
Biological assets															22,283,001						22,283,001
															22,283,001						22,283,001
Total assets			2,303,646						16,046,835						22,321,197						40,671,678
Liabilities
At fair value through profit or loss
Derivative financial instruments									10,454,820												10,454,820
									10,454,820												10,454,820
Total liabilities									10,454,820												10,454,820

Interest rate risk [member] | Financial instruments, excluding derivatives

Disclosure of detailed information about financial instruments [line items]

Financial Instruments - sensitivity analysis

			09/30/2025
									Effect on profit or loss
			Probable						Possible (25%)						Remote (50%)
CDI/SELIC
Cash and cash equivalents			1,121,685						41,783						83,566
Marketable securities			5,374,880						200,214						400,428
Loans and financing			8,982,744						334,607						669,214
TJLP
Loans and financing			122,763						2,750						5,500
SOFR
Loans and financing			25,368,450						268,906						537,811

Interest rate risk [member] | Derivative financial instruments

Disclosure of detailed information about financial instruments [line items]

Financial Instruments - sensitivity analysis

09/30/2025

Effect on profit or loss

Probable

Probable 25%

Remote 50%

CDI

Derivative financial instruments

Liabilities

Derivative options

1,075,688

(505,856)

(951,432)

Derivative swaps

(710,040)

(644,348)

(1,182,728)

SOFR

Derivative financial instruments

Liabilities

Derivative swaps

(710,040)

(119,894)

(233,105)

X

- Definition

The disclosure of derivative financial instruments. [Refer: Derivatives [member]]

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Note Expiry date 2027-01-01
-Name IAS
-Number 1
-IssueDate 2025-01-01
-Paragraph 10
-Subparagraph e
-URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2025-en-b&anchor=para_10_e&doctype=Standard
-URIDate 2025-03-27

+ Details

Name:	ifrs-full_DisclosureOfDerivativeFinancialInstrumentsExplanatory
Namespace Prefix:	ifrs-full_
Data Type:	dtr-2022:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The disclosure of detailed information about financial instruments. [Refer: Classes of financial instruments [domain]]

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 7
-IssueDate 2025-01-01
-Paragraph 31
-URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2025-en-r&anchor=para_31&doctype=Standard
-URIDate 2025-03-27

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 7
-IssueDate 2025-01-01
-Paragraph 7
-URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2025-en-r&anchor=para_7&doctype=Standard
-URIDate 2025-03-27

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 7
-IssueDate 2025-01-01
-Paragraph 35K
-URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2025-en-r&anchor=para_35K&doctype=Standard
-URIDate 2025-03-27

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Note Effective 2027-01-01
-Name IFRS
-Number 19
-IssueDate 2025-01-01
-Paragraph 43
-URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=19&code=ifrs-tx-2025-en-r&anchor=para_43&doctype=Standard
-URIDate 2025-03-27

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Note Effective 2027-01-01
-Name IFRS
-Number 19
-IssueDate 2025-01-01
-Paragraph 43
-URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=19&code=ifrs-tx-2025-en-r&anchor=para_43&doctype=Standard
-URIDate 2025-03-27

+ Details

Name:	ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory
Namespace Prefix:	ifrs-full_
Data Type:	dtr-2022:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for the effect of changes in foreign exchange rates.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IAS
-Number 21
-IssueDate 2025-01-01
-Section Disclosure
-URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=21&code=ifrs-tx-2025-en-r&doctype=Standard&dita_xref=IAS21_g51-57_TI
-URIDate 2025-03-27

+ Details

Name:	ifrs-full_DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory
Namespace Prefix:	ifrs-full_
Data Type:	dtr-2022:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for fair value measurement.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 13
-IssueDate 2025-01-01
-Section Disclosure
-URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=13&code=ifrs-tx-2025-en-r&doctype=Standard&dita_xref=IFRS13_g91-99_TI
-URIDate 2025-03-27

+ Details

Name:	ifrs-full_DisclosureOfFairValueMeasurementExplanatory
Namespace Prefix:	ifrs-full_
Data Type:	dtr-2022:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.

+ References

No definition available.

+ Details

Name:	ifrs-full_DisclosureOfFinancialInstrumentsLineItems
Namespace Prefix:	ifrs-full_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The disclosure of liquidity risk. [Refer: Liquidity risk [member]]

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Note Expiry date 2027-01-01
-Name IAS
-Number 1
-IssueDate 2025-01-01
-Paragraph 10
-Subparagraph e
-URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2025-en-b&anchor=para_10_e&doctype=Standard
-URIDate 2025-03-27

+ Details

Name:	ifrs-full_DisclosureOfLiquidityRiskExplanatory
Namespace Prefix:	ifrs-full_
Data Type:	dtr-2022:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The disclosure of the sensitivity analysis for types of market risk to which the entity is exposed, showing how profit or loss and equity would have been affected by changes in the relevant risk variable that were reasonably possible at that date. [Refer: Market risk [member]]

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 7
-IssueDate 2025-01-01
-Paragraph 40
-Subparagraph a
-URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2025-en-r&anchor=para_40_a&doctype=Standard
-URIDate 2025-03-27

+ Details

Name:	ifrs-full_SensitivityAnalysisForEachTypeOfMarketRisk
Namespace Prefix:	ifrs-full_
Data Type:	dtr-2022:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Disclosure of Fair Value Hierarchy

+ References

No definition available.

+ Details

Name:	suz_DisclosureOfFairValueHierarchyTableTextBlock
Namespace Prefix:	suz_
Data Type:	dtr-types1:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Disclosure of Positions of Derivative Financial Instruments

+ References

No definition available.

+ Details

Name:	suz_DisclosureOfPositionsOfDerivativeFinancialInstrumentsTableTextBlock
Namespace Prefix:	suz_
Data Type:	dtr-types1:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Disclosure of Settled Derivatives

+ References

No definition available.

+ Details

Name:	suz_DisclosureOfSettledDerivativesTableTextBlock
Namespace Prefix:	suz_
Data Type:	dtr-types1:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Schedule of fair value by maturity

+ References

No definition available.

+ Details

Name:	suz_ScheduleOfFairValueByMaturityTableTextBlock
Namespace Prefix:	suz_
Data Type:	dtr-types1:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	ifrs-full_TypesOfRisksAxis=ifrs-full_InterestRateRiskMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	ifrs-full_ClassesOfFinancialInstrumentsAxis=suz_FinancialInstrumentsExcludingDerivativesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	ifrs-full_ClassesOfFinancialInstrumentsAxis=ifrs-full_DerivativesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: