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Climate Strategy

We are committed to further minimizing our negative impact and contributing to the transition to a new development model based on a low carbon economy. Ensuring the implementation of actions to manage greenhouse gas emissions, prioritizing renewable energy projects and promoting studies are some of the objectives of Eletrobras Companies.

In 2012 Eletrobras issued the Declaration of Commitment on Climate Change. This statement is incorporated into the climate change guidelines of Eletrobras Companies Environmental Policy.

Eletrobras Companies' actions related with climate change are in line with the international agreements to which Brazil is a signatory, such as the Paris Agreement and with the Sustainable Development Goals 7 – Affordable and Clean Energy and 13 - Action Against Global Climate Change - that were identified as one of the most relevant for Eletrobras Companies.

Eletrobras participates in several external forums such as the Brazilian Forum on Climate Change, Global Compact Climate Action Platform and the Technical Chamber on Climate of the Brazilian Business Council for Sustainable Development. Eletrobras is a signatory to the Position on Carbon Pricing Mechanisms of the Entrepreneurial Initiative for Climate - IEC, the Open Letter - Private Sector supporting the Carbon Pricing in Brazil prepared by the IEC with the support of the Carbon Pricing Leadership Coalition (CPLC), Positioning of the Brazilian business sector on the urgency of creating a regulated carbon market in Brazil and Letter from the Brazilian business sector on the Ecological Transition Plan – 'Green Package'.

Since 2010, Eletrobras has voluntarily responded to the CDP – Disclosure insight action. Since 2018, we have supported the Task Force on Climate-Related Financial Disclosures (TCFD).

The inclusion in this and other indicators reflects the improvement of the good practices of Eletrobras Companies applied to their operations and management, reinforcing the company commitments established in the Environmental Policy.

In 2023, we made a commitment with the Science Based Targets Initiative to be Net Zero by 2030


Inventory of Greenhouse Gas Emissions

Seeking to fulfill our commitments to good corporate sustainability practices, we annually identify and measure the greenhouse gas emissions of our companies and publish the "Greenhouse Gas Emissions Inventory of Eletrobras Companies" since 2008 continuously.

The Inventory of Greenhouse Gas Emissions of Eletrobras Companies follows the methodology of IPCC (2006) and the guidelines of the Greenhouse Gas Protocol - GHG Protocol (WRI, 2004).

Inventory of Greenhouse Gas Emission - base year 2022

Inventory of Greenhouse Gas Emission - base year 2021

Inventory of Greenhouse Gas Emission - base year 2020

Inventory of Greenhouse Gas Emission - base year 2019

Inventory of Greenhouse Gas Emissions - base year 2018

Inventory of Greenhouse Gas Emissions - base year 2017

Inventory of Greenhouse Gas Emissions - base year 2016​

Inventory of Greenhouse Gas Emissions (Results by Emission Source) - base year 2015

Inventory of Greenhouse Gas Emissions - base year 2014

Inventory of Greenhouse Gas Emissions - base year 2013

Inventory of Greenhouse Gas Emissions - base year 2012

Inventory of Greenhouse Gas Emissions - base year 2011

Inventory of Greenhouse Gas Emissions - base year 2010

Inventory of Greenhouse Gas Emissions - base year 2009

Inventory of Greenhouse Gas Emissions from Thermal Power Stations (permanent sources) - 2003 to 2008

 
 

Research

Eletrobras Companies develop studies related to mitigation and adaptation to climate change through the Climate Strategy Working Group (GT3) and the Electric Energy Research Center - Cepel. We can highlight:

  • Adaptation to climate change - Diagnosis of risks and opportunities related to climate change in Eletrobras Companies.

  • Estimates of Emissions and Removals of Greenhouse Gases due to activities that cause Land Use Change.

  • Climate Risk: Carrying out a study to assess the climate risk of the watersheds where Eletrobras has hydroelectric plants.

  • Carbon Pricing Study - Description and evaluation of potential impacts on Eletrobras companies from the adoption of carbon pricing policies in the Brazilian market.

  • Carbon Footprint Study – Evaluation of the Carbon Footprint of the Eletrobras Companies' with the objective of improving the monitoring and management of greenhouse gas emissions.


Opportunities

Energy certificates have become an important tool for managing scope 2 emissions.

To capitalize on the business opportunity associated with the environmental attributes of renewable electricity, Group companies Eletrobras Chesf and Eletrobras Furnas certified several plants with Instituto Totum and proceeded to sell I-RECs (International Renewable Energy Certificates) from 2020.

In June 2021, Eletrobras Furnas launched a proprietary certificate platform, RECFY, assured by independent auditors, in order to diversify its portfolio of decarbonization solutions. Eletrobras Furnas has retained its certification under the I-REC Standard but has included other non-I-REC-certified plants on its proprietary platform.

With 97% of its capacity consisting of renewable sources, Eletrobras Furnas was the first company in Brazil to obtain I-REC certification under the International REC Standard for three of its power plants in 2020: the Fortim Wind Cluster in Ceará, and the Itumbiara and Serra da Mesa hydroelectric plants in Goiás. Chesf continued to certify its power plants in 2021. International Renewable Energy Certificates have now been issued for the following plants: Casa Nova A, Apolônio Sales, Boa Esperança, Funil, Luiz Gonzaga, Paulo Afonso (Paulo Afonso I, II, III and IV), Sobradinho and Xingó, covering 98.7% of installed capacity. These certificates are in addition to those obtained in 2020, for Casa Nova II and Casa Nova III.

Eletrobras CGT Eletrosul approved, in 2022, its first renewable power plants in the I-REC, the wind farms Cerro Chato I, II and III, having made the first transaction in December of the same year. Eletrobras Eletronorte also registered, in 2022, the UHE Tucuruí in the system for issuing certificates from Instituto Totum.

Taking advantage of the opportunity identified, in 2022 Eletrobras Eletronorte abated 100% of its scope 2 emissions with the use of IREC from the generation of UHE Tucuruí.

The self-reduction of Scope 2 emissions for the base year 2022 of Eletrobras Furnas was carried out through Own RECFY Certificates, considering the compensation of 100% of electricity consumption and 20% of transmission losses.

Eletrobras Chesf guaranteed the self-reduction of 100% of its Scope 2 GHG emissions with the I-RECs issued by the company's own generation.

Eletrobras CGT Eletrosul reduced 100% of its energy consumption from the grid using I-REC from its Cerro Chato II wind generation plant.

The 100% reduction in emissions from the consumption of electricity acquired by Eletrobras Holding for its administrative units was carried out through the acquisition of RECFY from Eletrobras Furnas.

For further information, check the Technical Documents Archive of our environment area.


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