Light has been developing sustainability management improvement projects in partnership with the Catavento team for years, having started this process with an analysis of existing internal processes aimed at adaptation to the best market practices.
In 2014, the materiality matrix was reviewed, considering the current market environment in the electricity sector. There has also been continued improvement in management, through the monitoring of sustainability aspects in low-income communities in order to establish a centralized view of measured benefits. In addition, Catavento advised the company on accounting measures.
In addition to these improvements, Light sponsored the research entitled “See Change: How Transparency Drives Performance,” developed by Catavento in partnership with Sustainability. Because of this partnership, Light received specific assessment of its company structure proposed by the research. Learn more about the research here.
During this partnership, in 2012 and 2013 projects related to the generation of shared value of Light´s performance in low-income community areas were performed.
Through an innovative approach, we developed a model for assessing the financial performance of Light within pacified low-income communities (UPPs). Catavento assessed the company´s initiatives by evaluating indicators related its activities, creating a proposal for indicators monitoring stakeholder impact, valuing actions in regions occupied by UPPs and developing an evaluation model replicable by other communities.
Also in 2013, we considered the case of Light´s shared value in low-income communities, evaluating new business models to reduce losses and debt. Through financial and non-financial indicators, we assessed the benefits that these business models bring to the company, entrepreneurs and society.
These set of actions taken and implemented over the years show, in addition to a successful partnership, Light´s involvement in the evolution of the sustainability agenda.