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Overview

When it comes to the ESG Agenda, that is, the environment, society and governance, there is no doubt that since 2021 there are a milestone in Equatorial’s history. During this period, the company made the issue a priority in its management and initiated a series of processes that increasingly consolidate the group’s commitment to more sustainable practices.

We adopt the best Corporate Governance practices, in which we establish robust standards of transparency, fairness, respect and ethics. Strict ethical principles ensure the alignment of interests between the Company and its investors

We are a full corporation, with no defined controlling shareholder, and we are listed on the Novo Mercado segment, the highest standard of Corporate Governance of B3 S.A. – Brazil, Bolsa, Balcão. We have an independent and diversified Board of Directors, with 100% of the members being independent and 25% of the members being women.

 

The Company adhered to the United Nations Global Compact, the largest corporate sustainability initiative in the world. Based on ten fundamental principles, the Pact encourages respect for human rights and the environment, in addition to combating corruption in all business processes.

We strengthen our commitment to the 2030 Agenda and the Sustainable Development Goals, especially in relation to goals 4, 7 and 13, referring to education, universal access to electricity and action against climate change. The Sustainable Development Goals are a global call to action to end poverty, protect the environment and climate, and ensure that people everywhere enjoy peace and prosperity. These are the objectives to which the United Nations is contributing so that we can achieve the 2030 Agenda in Brazil.

 

Reconciling the growth of its business with principles of sustainability and environmental protection, Equatorial has taken new steps towards implementing measures that guarantee the reduction of CO2 emissions. Among them is the production of its greenhouse gas inventory, which is essential to guide carbon neutralization actions in the coming years. The document was prepared following the rules of the “GHG Protocol”, covering both direct emissions, resulting from the company’s operations, and indirect emissions, related to its value chain.

 

Grupo Equatorial advances in the sustainability agenda, abandons fuel oil-based thermoelectric plants and invests in companies focused on wind and solar energy.

 

In terms of investment, the focus on energy transition was also achieved with the expansion of the business to complementary energy sources. In June 2021, Equatorial expanded its portfolio with the acquisition of Enova, a distributed solar generation company with a strong presence in Maranhão. In addition, it also advanced in the wind generation segment by acquiring Echoenergia Participações for R$7 billion, one of the largest renewable generation players in the country. The Group has twelve wind farms in operation in the states of Bahia, Rio Grande do Norte, Ceará, Pernambuco and Piauí with an installed capacity of 1,200 MW and a pipeline of 3.5 GW. It is also worth mentioning the completion of the construction of the Ribeiro Gonçalves and Barreiras 1 solar farms, which together reach 574 MW of installed capacity.

Corporate policies complement the Company’s governance, ensuring that its practices are aligned with its strategic objectives. Over the past three years, the Equatorial Group has approved not only its Sustainability Policy, but also its Environmental Policy, Water Resources Management Policy, Diversity and Inclusion Policy and other policies that reinforce the Company’s commitment to practices that are increasingly aligned with the highest standards of corporate governance.

To acess the policies page, please click here

 

 

On another important front for the sustainability agenda, the Company has also promoted energy efficiency among consumers.

The E+ Platform has established itself as one of the main vehicles for social impact of the Equatorial Group, bringing together a series of initiatives focused on energy efficiency, culture, sports and community engagement. Created to structure and give visibility to the Company’s social actions, the platform encompasses various projects that promote social development and sustainability in the territories where the Group operates.

The E+ Platform operates on four main axes:

1- Community 2 – Environment 3 – Energy Efficiency 4 – Economic and Social Development

 

The Equatorial Group’s advances in the ESG agenda are described in our Sustainability Report, released annually. The document can be accessed here.

 

We are committed to a more sustainable future.

Learn more about our ESG website.

 

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