Sector / Power
- Benchmark analysis
- ESG strategy
- Trend analysis
Every year, Neoenergia organizes the Inspiration event, with the objective of bringing discussions about the latest market trends to its employees. One of the topics covered this year was ESG (Environment, Social and Governance).
In this context, Catavento Consultoria was invited to make a presentation to more than 700 employees of the holding on 04/29/2021 on the topic “ESG in practice”.
To bring the most recent and up-to-date data possible, a desk research was conducted based on recognized public sources, in addition to the analysis of Neoenergia’s integrated internal ESG report.
To align expectations regarding the content and form of the presentation, virtual meetings were held with the participation of the Catavento team, and the internal teams involved in the organization of the event.
Finally, for one hour and a half, Clarissa Lins conducted an exclusive presentation in which she commented on the main factors that are driving the strengthening of the ESG agenda in the corporate world, such as the new perception of risks due to the most recent global crises in the climate and Covid-19, the positive signs that the financial sector is showing in relation to record resource allocations for sustainable initiatives, public policies and recent positions of the world’s largest economic powers such as the US and China, in addition to social movements with impacts in business and business coalitions in favor of aspects related to the environment and social well-being.
In the second part of the presentation, given the various drivers for a corporate agenda more focused on the environment, social and governance practices, Clarissa presented how ESG factors are structured in companies, indicating the most prominent themes of each pillar, how they can generate and destroy value and how it is possible to measure their respective impacts on a daily basis.
Finally, Clarissa concluded the lecture by reinforcing how crisis scenarios gave companies a new role in society. Now, in addition to taking care of their own operations and their profit generation, the various stakeholders demand corporate leadership in matters that concern society as a whole. With that, she indicated that the ESG agenda is positioned as a facilitator of new relationships of trust and as a real opportunity to become a competitive differential, strengthened by the new concept of business success based on financial and non-financial factors.
After the lecture, a Q&A session was conducted.
The partnership between the Neoenergia Group and the Catavento team began in 2011, when the company received assistance in improving its management to adapt to the best sustainability practices.
At the time, an accurate diagnosis of the Group’s sustainability management was developed and, as a practical result of the work, Neoenergia’s stage and positioning in the economic, environmental and social dimensions was presented, in accordance with market trends. This work included an extensive process of interviews with the senior management of the various companies in the Group.
Based on this scenario, an assertive action plan was developed that allowed for the deepening of Neoenergia’s growth as a corporation, considering social and environmental criteria in all work fronts.
In 2012, continuing the work, the Catavento team also provided support in the revision of the company’s Sustainability Policy and established a position in relation to the sustainability agenda with senior leadership, promoting the conceptual alignment of the managerial spheres around the topic.
In 2014, with the objective of improving the management of stakeholders in generation activities, Catavento drew up guidelines for the relationship with interested parties for the Neoenergia Group and developed a tool that helps the flow of information between the holding and the enterprises. This information flow forms a database that guides the relationship format and strategy for each stakeholder group and assists in the budgeting process, risk management and sharing of best practices.
There was also dissemination of the concept among the teams responsible for the various aspects of this relationship, as well as preparation for using the tool. Finally, the guidelines and the management tool were applied to two generation projects at different stages of construction to capture the necessary learnings before disseminating the concepts at the corporate level.
Neoenergiais a publicly held company with shares (NEOE3) traded on the São Paulo Stock Exchange. Part of the Spanish group Iberdrola, the company has been operating in Brazil since 1997, and is currently one of the leaders in the country’s electricity sector. Present in 18 states and the Federal District, its businesses are divided into the areas of generation,transmission, distribution, and commercialization. Its distributors, Coelba (BA), Celpe (PE), Cosern (RN), Elektro (SP/MS) and Neoenergia Distribuição Brasília (DF), serve more than 15 million customers, the equivalent to a population of over 37 million people.
Source: company’s website