ENGIE Brasil Energia’s shares continue in B3’s Corporate Sustainability Index (ISE) and Carbon Efficient Index (ICO2)
ENGIE Brasil Energia’s (EGIE3) shares have again been selected for inclusion in the Corporate Sustainability Index (ISE) of B3 – Brasil, Bolsa, Balcão S.A. for 2022. Seen as the most important corporate sustainability index in Brazil and the fourth in the world, the ISE provides support to investors in making investment decisions and induces companies to adopt best ESG practices, deemed as important for maintaining the longevity of businesses. The new portfolio will be valid from January to December 2022.
The company was listed at the 7th. overall position, among the 45 companies in the index, being the 1st. of the electricity sector in the second preview of ISE, presented today by B3. This is the 17th consecutive year that ENGIE Brasil Energia has been on the list – since the launch of the index – which was repeated by only five other companies.
“We are particularly proud of this achievement, principally in the light of such a challenging scenario as the past two years. Sustainability remains at the core of our growth strategy, focus of which is on investments in renewable energy and transmission infrastructure. We continue committed to guaranteeing the execution of socio-environmental programs which benefit the regions where we have our operations, maintaining our profound respect for people and the planet as guidelines for our activities”, explains the Company’s Chief Executive and Investor Relations Officer, Eduardo Sattamini.
In line with new methodology, for the first time, the index has declassified those companies with a high reputational risk while taking into account the score obtained by those companies in the Carbon Disclosure Project (CDP) for evaluating climate change initiatives.
Yet another important change was the sectorization of the questionnaire. Now B3’s ISE shows rankings with general scores as well as scores by sector with the aim of facilitating investors and managers in the mapping of companies with B3 listed shares and most advanced in their ESG agenda.
BR’s Carbon Efficient Index (ICO2)
ENGIE Brasil Energia has again been selected as a component of the new Carbon Efficient Index (ICO2) portfolio of B3 – Brasil, Bolsa e Balcão, for the second year running. ICO2 is made up of shares of the companies comprising the IBrX 100 and where there is a greater transparency in relation to the greenhouse gas emissions report and how each is preparing for a low carbon economy.
With its inception in 2010, ICO2 B3 seeks to act as a catalyst for discussions on climate change in Brazil. “ENGIE is committed to leading the transition to a low carbon economy and its participation in the ICO2 portfolio recognizes our activity and transparency with this theme, Sattamini adds.
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).