ENGIE Brasil endorses UN’s Women’s Empowerment Principles
ENGIE Brasil has endorsed the “Women’s Empowerment Principles” (WEPs), a UN Women’s initiative. The company’s CEO, Maurício Bähr, has made a commitment to foster the promotion of gender equality, starting with an increase in the number of women in positions of leadership.
Signing up to the WEPs represents the group’s long-term commitment to ensure that the theme becomes a value shared by the company as a whole, “The greater female presence helps the businesses and improves the company’s performance with the inclusion of different competencies and visions. The practice of equitability also helps expand the range of potential sources of finance for our projects”, Bähr pointed out.
The largest private sector energy generator with a major focus on solutions, ENGIE recently created a Diversity and Equality area in the company – which operates in a sector which historically has been more male dominated.
“To our business objectives where the goal is decarbonization, decentralization and digitization, we can say that the company has now added one more ‘D’: for diversity and inclusion”, noted ENGIE’s CEO.
The theme is at the core of ENGIE’s global strategy. By 2030, the group’s goal worldwide is to have 50% of all leadership positions held by women. Currently, the two most important global leadership positions are occupied by women: Isabelle Kocher (CEO) and Judith Hartmann (CFO).
UN WOMEN
ENGIE Brasil’s initiative contributes to Goal Number 5 of the UN’s Sustainable Development Goals (SDGs), namely to achieve gender equality and empower all women and girls. ENGIE already conducts differentiated actions to identify female leaders, such as sessions of onsite meetings held by senior management for women deemed to have a leadership profile, with participation in the first Conecta Conference – Women Engineers of Industry Edition, held this month for 109 junior engineers.
UN Women was created in 2010 in order to unite strengthen and expand the global effort in defense of women’s human rights.
One of the organization’s projects is the “Win-Win Program: gender equality means good businesses”, an initiative undertaken through a partnership between UN Women and the International Labor Organization (ILO) with financing from the European Union and to be implemented in six countries — Argentina, Brasil, Chile, Costa Rica, Jamaica and Uruguay. ENGIE is also engaged in this initiative.
ABOUT ENGIE
ENGIE is a global reference in low-carbon energy and services. With its 97,000 employees, its customers, partners and stakeholders, the Group is committed to accelerate the transition towards a carbon-neutral world, through reduced energy consumption and more environmentally-friendly solutions. Inspired by its purpose (“raison d’être”), ENGIE reconciles economic performance with a positive impact on people and the planet, building on its key businesses (gas, renewable energy, services) to offer competitive solutions to its customers. Turnover in 2022: 82.6 billion Euros.
In Brazil, ENGIE, leader in 100% renewable power generation in the country, operates in generation, commercialization and transmission of electric power, gas transport and energy solutions. The Company
has in the country an installed capacity of 12,5 GW, originated from renewable sources and with low GHG emissions, such as hydro, solar and biomass power plants, and windfarms.
With the acquisition of Transportadora Associada de Gás – TAG, ENGIE now also owns the largest natural gas transportation network in the country, at 4,500 km and transecting 10 states and 191 cities.
The Group has a complete portfolio of integrated solutions focused on reducing costs and improving the infrastructure for companies and cities, such as energy efficiency, public lighting, energy monitoring and management.
With 2,800 employees, ENGIE’s turnover in Brazil in 2023 was of R$ 11.7 billion. ENGIE trades on the B3 through its energy generation and trading company, ENGIE Brasil Energia, under the ticker EGIE3. In addition to being a B3 Novo Mercado component, the Company is one of the very few companies that have been listed in the Business Sustainability Index since its creation in 2005. In 2021, ENGIE Brasil Energia was included in the Carbon-Efficient Index (ICO2), made up of IBrX 100 companies that are most transparent in terms of GHG emissions reporting and how they are preparing for a low-carbon economy.
The company also received in May 2024 the certification Great Place to Work, a recognition which validates the continuous commitment of the company to create a positive and inclusive work environment for all.
The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main financial indices (CAC 40, Euronext 100, FTSE Euro 100, MSCI Europe) and non-financial indices (DJSI World, Euronext Vigeo Eiris – Europe 120/France 20, MSCI EMU ESG screened, MSCI EUROPE ESG Universal Select, Stoxx Europe 600 ESG-X).