We develop our business based on technical excellence, efficient service delivery, and the generation of positive impacts for all stakeholders. This approach is driven by innovation, digital transformation, and best practices in corporate governance and ethics, in line with the commitments of the ISA 2040 Strategy.
Corporate Governance
The governance of our company is exercised through structured bodies and guided by a set of policies and guidelines that ensure the conduct and growth of the business in line with best market practices and a focus on generating sustainable value. We have established and installed the ESG Committee, a non-statutory advisory body to the Board of Directors, which can consist of up to five members (as per the company's internal regulations).
Regarding our relationship with stakeholders, we hold an annual public meeting aimed at capital market investors to deepen understanding of our company's growth and investment strategy, as well as market trends and opportunities.
Ethics and Compliance
Ethics and integrity are at the foundation of all decision-making processes in our company. To ensure that our governance and all employees align with these principles, we have structured the Corporate Ethics and Compliance Program, which includes a series of procedures and tools designed to prevent, detect, and respond to situations that are inconsistent with legislation and our corporate values.
To strengthen our commitment to an ethical and healthy environment, promote fair competition, and uphold the fundamental principles of ethical and transparent conduct in public-private relations, our company voluntarily joined the Collective Integrity Action of the Electric Power Sector in 2023. This initiative is promoted by the United Nations Global Compact in Brazil and contributes to advancing corporate actions related to Sustainable Development Goal 16 (SDG Peace and Justice).
In addition to this commitment, our company has become a signatory to the "Call to Action: Anti-Corruption and the Global Development Agenda," also promoted by the Global Compact. This initiative encourages the private sector to urge governments to promote anti-corruption measures and implement policies to establish good governance systems.
Commitment and values
We have been signatories of the UN Global Compact since 2011, and our commitments are reinforced by our 2030 Strategy, which focuses on generating sustainable value and strengthens our commitment to the ESG (Environmental, Social, and Governance) dimensions. This strategy guides our efforts to contribute to the achievement of the Sustainable Development Goals (SDGs).
In 2023, as a signatory of the UN Global Compact, our company joined the Electric-Energy Working Group (GTEE), part of the Human Rights Action platform promoted by the Brazil Network of the Global Compact.
The initiative aims to advance the implementation of mechanisms to promote respect for human rights within the national energy sector, taking into account the national context. To this end, the GTEE, composed of 30 companies, considers the country's situation and the context of the activities and operations of the participating companies.
In its first year of operation, the GTEE developed a practical guide and a toolkit for human rights due diligence in the energy sector, as well as a technical note on the draft law for the creation of the National Human Rights Framework (PL 572/2022).