Innovation and Sustainability
Our Sustainability Management System is based on five main elements: the Sustainability Policy of Eletrobras Companies, the Executive Committee for Sustainability Management of Eletrobras Companies, the Corporate Sustainability Management Indicators System (IGS System), the Value Creation Model and Integrated Reporting.
Sustainability Policy of Eletrobras Companies
The Sustainability Policy of Eletrobras Companies establishes the guidelines to be applied by Eletrobras companies regarding the promotion of corporate sustainability, ensuring the continuity of business, and contributing to sustainable development.
Sustainability Policy of Eletrobras Companies
here the Environmental Policy, the Social Responsibility Policy and other documents related to the Sustainability Policy of Eletrobras Companies.
Executive Committee for Sustainability Management of Eletrobras Companies
The Executive Committee for Sustainability Management of Eletrobras Companies is led by the holding and has sustainability coordinators from all Eletrobras companies, in addition to having members responsible for reporting and indicators on 30 topics related to the sustainability of our business.
Developed by Eletrobras Cepel, the Corporate Sustainability Management Indicators System (IGS System) is part of the portfolio of institutional projects for Research & Development + Innovation by Eletrobras companies. It has been widely used to manage indicators on topics related to the sustainability of our business, as well as a collection tool for information of our corporate reports.
Value Creation Model
More broadly, the sustainability theme permeates the various processes inherent to the business of Eletrobras companies, and an integrated action from their areas is essential, in a coordinated manner, fostering best practices and business continuity, as well as enhancing value generation to all stakeholders.
In this sense, the Value Creation Model brings together 30 value creation expectations related to our stakeholders.
Value Creation Model (PDF version)
The Integrated Report, as a complement to the Global Reporting Initiative (GRI) methodology, has been helping companies to better communicate their value creation process to their stakeholders. Since 2018, we have presented our Annual Report in a "full integrated" format.
Our purpose is to put all our energy into sustainable development. The 2020 Annual Report presents our main results in 129 different indicators, considering all the set of Eletrobras companies. It is the primary source of environmental, social and governance information of the company and presents financial and operational performance data.
In line with our objective of disclosing reliable information, the Annual Report 2020 was audited by PwC Brasil, according to international verification parameters, and presents an Assurance Report. See also the Independence Statement, issued by PwC.
Annual Report 2020
Annual Report 2020 - Executive Summary
Annual Report 2019
Access our annual reports
The EESG Journey aims to present a structured and integrated vision of our Economic, Environmental, Social and Governance (EESG) results. We adopted a structure composed of four pillars – Prosperity, Planet, People and Governance – subdivided into 12 themes. Each of these themes has associated indicators.
The World Economic Forum framework, released in September 2020, which proposes a global model to bring more comparability and consistency to the reporting of information related to corporate sustainability, was used as a basis.
Access here the EESG Journey.
Commitment to the 2030 Agenda
In 2015, during the General Assembly of the United Nations (UN), its 193 Member States unanimously approved a new global agenda for the next 15 years – the 2030 Agenda for Sustainable Development, based on 17 Sustainable Development Goals (SDGs) and 169 targets.
Covering a range of topics, the SDGs contribute to connecting corporate strategies with global priorities.
In our Strategic Plan 2020-2035, we defined nine SDGs as priorities:
For these prioritized SDGs, we established indicators and targets, which are linked to our Business and Management Master Plan (PDNG) and to the variable remuneration of administrators.
Sustainability 4.0 Program
As a result of the analysis of trends and best market practices with regard to corporate sustainability, we developed the Sustainability 4.0 Program, which is part of our Business and Management Master Plan (PDNG).
The program consists of 12 projects that aim to promote excellence in terms of sustainability in the Eletrobras companies' businesses and the generation of value for all stakeholders.
Sustainability 4.0 Program Highlights in 2020
We participate in the assessment process of several sustainability indices. Check out our performance on some of them:
B3's Corporate Sustainability Index (ISE B3)
We are part of the Corporate Sustainability Index (ISE) portfolio for the 13th time. The index is a tool for comparative analysis of the performance of companies listed on B3, under the aspect of corporate sustainability, based on economic efficiency, environmental balance, social justice and corporate governance. The most recent ISE B3 portfolio was announced on December 2, 2020 and is in effect from January 4 to December 30, 2021. The current portfolio of the index comprises 46 shares of 39 companies, totaling R$ 1.8 trillion in market value. Composing the ISE B3 portfolio means that the company's management is committed to corporate sustainability and this represents a differential for investors and other stakeholders.
Dow Jones Sustainability Index
The Dow Jones Sustainability Index is an indicator of financial performance and tracks the performance of the main companies in the world in economic, environmental, social and governance criteria. It is considered a benchmark for investors who recognize that sustainable practices are essential to generate long-term value. For Eletrobras, this index is an important tool for quantifying sustainability performance, contributing to continuous improvement in search of the best market practices. In 2020, we obtained the maximum score in seven criteria of the 27 evaluated – they are:
Economic and Governance Dimension: Market Opportunities, Materiality and Policy Influence;
Environmental Dimension: Climate Strategy, Environmental Reporting and Water Related Risks;
Social Dimension: Social Reporting.
Carbon Disclosure Project (CDP)
In CDP 2020, we maintained, for the second consecutive year, the A- evaluation in the Water Security dimension and we achieved, for the first time, this same score in the Climate Change dimension. The result means that Eletrobras is considered a leading company, which implements the best market practices for both topics. In the Climate Change dimension, we are above the regional average for South America (D) and the renewable power generation sector average (B). The global average of respondents to this questionnaire was C. With regard to the Water Security dimension, we are also above the regional average for South America (B), the renewable power generation sector average (B) and the global average of respondents to the questionnaire (B).
Discover our climate strategy
Learn more about water resources management
The rating and research agency Vigeo Eiris evaluates the integration of social, environmental and governance factors of organizations in their strategies, operations and management - with a focus on promoting economic performance, responsible investment and sustainable value creation. Its methodology has a structure based on international standards and reference texts, including six domains of analysis that represent the different interests of different stakeholders: Environment, Community Involvement, Business Behavior, Human Rights, Governance and Human Resources. There are 38 sustainability criteria and more than 300 principles of action that are used to question companies about the integration of ESG factors in their management systems. In 2020, we obtained the 1st place in the total of 49 companies in the Electricity and Gas sector in emerging markets and the 34th place in the total universe of Vigeo (up to 7,000 issuers).
Please contact us through our Sustainability Channel, dedicated to responding to requests for information related to ESG (environmental, social and corporate governance) aspects: