Sustainability and Environmental Policy

Our activities are developed with the aim of ensuring long-term sustainability since we believe that this is one of the central pillars for a solid business going forward. As such we seek to improve the awareness of our employees, suppliers and surrounding communities on the need to preserve the environment and the rational use of natural resources. Energy generation from wind farms and SHPs is clean generation. It reduces the dependence on fossil fuel consumption as well as allowing the issue of carbon credits which are certificates issued by an accredited international entity based on the verification of the effective contribution of a given project to reducing greenhouse gas emissions in line with the new National Policy on Climate Change and United Nations Organization edicts.

Thus, our sustainability policy seeks to: (i) focus wherever possible, on the use and professional training of labor from the areas where our business is being conducted with the consequent creation of jobs and income; (ii) seek a continuous reduction in the environmental impact of our activities; (iii) prevent accidents; and (iv) improve our relations with regulatory agencies, communities involved and other interested parties. Our policy also allows for the use of resources from the trading of CERs (Certified Emission Reductions) issued by our businesses in support of activities of a social, environmental and cultural nature in the communities in which these CERs are generated.

The socio-environmental approach is intrinsic to our business be it in the nature and choice of the business associated with renewable energy generation, innovation and market differentiation aspects, the composition of the team of professionals with specific training and experience in the socio-environmental area or the existence of environmental programs in regions where our operations are sited.

A large part of our projects under study or in development are located in regions with a low Human Development Index – HDI. This maximizes the positive impacts of our activity through the creation of jobs and income as well as permitting investments in infrastructure and the professional training of the local labor force. This in turn creates a favorable atmosphere for receiving our activities on the part of the local communities and government in the areas of operation. Furthermore it is our intention to continuously develop our environmental management model which seeks to reduce the environmental impact of our activities, including the prevention of accidents and the improvement in relations with the regulators, adjacent communities and other interested parties.

We understand that the definition of a corporate strategy for sustainability and for its integration in the organization’s processes is of extreme importance for the success of our businesses. This strategy of sustainability allows us to attract new investors whose portfolios focus on companies which seek to make sustainability and socio-environmental responsibility a critical part of the new businesses in which they are investing, in turn reducing the risks of incurring unforeseen costs and/or costs involved in delays in the execution of the Business Plan, maintaining good relationships with government bodies and civil society entities.

This posture also permits our consolidation as a benchmark in sustainability, guaranteeing that the organization’s senior management and the team are fully aligned and motivated with respect to the theme.