We are very proud to present the publication of EDP Brasil's first Quarterly ESG Report with a disclosure format entirely dedicated to measuring our performance through investor-relevant metrics.
At EDP Brasil, we have been committed to ESG excellence for many years now and believe in sustainability as a critical value in an integrated strategy. The reports aim to disclose our best practices and are essential for adequately evaluating the opportunities and mitigating the related risks as we work to implement the Company's strategic objectives.
On April 26, EDP Brasil presented the strategic plan to the market with its vision for the 2021-2025 period when a forecasted investment of R$ 10 billion will be allocated to the Company's activities and growth segments. This plan combines growth with solid results and represents our commitment to excellence in best ESG practices.
We have ramped up our efforts to reduce emissions and decarbonize our portfolio and now expect to have one which is completely green by 2030, reaching our carbon neutral target 20 years ahead of the cut-off date stipulated under the Paris Agreement. These commitments orientated for action will allow EDP to spearhead the energy transition in our principal markets and create superior value for all our stakeholders.
As we continue to lead the energy transition, we have adopted a decision-making process throughout the entire Group which is guided by the principles of a circular economy and the increase in the natural capital. We are committed to performing a fundamental role in the post-COVID recovery in all the geographies where we operate thereby contributing directly to a just transition for society as a whole.
We remain committed to providing a fair and safe workplace based on the principles of diversity, equality and inclusion. Our objective is to have more than 35% of women making up our work force as well as increasing social investments aligned to the Sustainable Development Goals by 2030 and to the principles of the United Nationals Global Compact, including human rights, labor and the environment.
We have implemented international standards of corporate governance, compliance and ethics. Over the past year, the Company has registered important achievements in this respect, such as the creation of the Vice Presidency for People and ESG, and the increased participation of women on EDP Brasil's Board of Directors, rising to 33%, more than the national average, and one of the best performances in the electric ´power sector. The initiatives underscore our commitment to an increasingly greater integration of environmental, social and governance themes in our businesses.
Fernanda Pires
Vice President and Officer of People and
ESG
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With the sector's move towards greater standardization in sustainability reports, this performance report is also expected to continue in a state of constant evolution. The indicators in this report are selected on the basis of their relevance to the investor community as well as the other stakeholders. For more information, please consult the Annual Sustainability Report of EDP Brasil. Our Annual Sustainability Report adheres to the voluntary reporting guidelines, specifically the GRI (Global Reporting Initiative), TCFD (Task Force on Climate-related Financial Disclosures), SASB (Sustainability Accounting Standards Board) e IIRC (International Integrated Reporting Council) initiatives which have also been used as a basis for the selection of indicators included in the material presented. Assurance of ESG indicators takes place annually following the conclusion of the Annual Report, and for this reason the information in this report is subject to adjustments as a result of this process.
Target | ||||||
Indicator | Unit | 1Q21 | 1Q20 | % | 2025 | 2030 |
EBITDA in Renewables | % | 66 | 51 | 29% | - | 100% |
Scopes 1 & 2 Emissions | tCO2/MWh | 0.35 | 0.27 | 26% | - | -85%* |
Renewable Generation | % | 79 | 84 | -6% | - | 100% |
Level of Engagement | % | 86 | 86 | - | ||
Women in the Workforce | % | 22.7 | 22.3 | 2% | 30% | 35% |
Accident Frequency Rate | Fr | 0 | 0.57 | -100% | 0 | 0 |
Women in Positions of | % | 13.5 | 14.1 | -4% | 30% | 35% |
Leadership | ||||||
Cybersecurity | bitsight | 800 | 700 | 14% | "Keep Advanced" | |
rating | ||||||
*Target approved by the Science Based Targets (SBTi) initiative with a horizon of 2032, the value of the target set according to the performance against that for 2017.
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GHG emissions
Specific Emissions CO2
Scope 1 Emissions
Scope 2 Emissions
Air Quality
NOx Emissions
SO2 Emissions
Particulate Material Emissions
Water Management
Total withdrawal of fresh water Consumption of water in regions with a hydric shortfall
Coal and waste management
Total disposable waste
Total waste from coal combustion Average valorization rate of ash residue
Environmental Material
Investments Expenses
Environmental penalties and rates
Environmental Management
Environmental accidents
Low Carbon Economy
EBITDA in Renewables
Installed Coal Capacity
Renewable Generation
Unit 1Q21 1Q20 %
tCO2eq/MWh | 0.27 | 0.21 | 24% |
ktCO2eq | 765.89 | 571.68 | 34% |
ktCO2eq | 57.69 | 53.70 | 7% |
kt | 0.67 | 0.50 | 34% |
kt | 2.06 | 1.98 | 4% |
kt | 0.37 | 0.50 | -26% |
To | 1,841 | 1,278 | 44% |
% | 99 | 99 | - |
t | 28,207 | 19,396 | 45% |
t | 23,718 | 13,812 | 72% |
% | 61 | 82 | -26% |
R$ 000s | 29,119 | 18,847 | 58% |
R$ 000s | 7,373 | 4,450 | 66% |
RS 000s | 0 | 0 | - |
# 0 0 -
% | 66 | 51 | 29% |
% | 25 | 25 | - |
% | 79 | 84 | -6% |
1 The quarterly environmental indicators consolidate the companies controlled by EDP Brasil, with the exception of the "Low Carbon economy" bloc, which includes the amounts proportional to EDP's stakes in the joint venture assets.
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Employment1
Women on the payroll People with special needs
Racial Diversity2 (under-represented groups)
Rate of retention of employees who return to work and remain 12 months after the termination of maternity/paternity leave
Women
Men3
Employee beneficiaries with complementary pension program
Turnover
Level of engagement
Training
Total hours of training
Trained employees
Direct investments in training
Occupational Health and Safety
Accidents with own employees Accidents with service providers Fatal accidents with own employees Fatal accidents with servicer providers Frequency rate - Own
Frequency rate - Service providers Accidents in communities
Social Investment
Beneficiaries
Total Investment
Education
Emergency support
Access to energy
Climate and Biodiversity
Art and Culture
Social Inclusion
Others
EDP Volunteers
Sustainable Value Chain
Global IDF (Supplier Development Index) Procurement from local suppliers Satisfaction of the partners
Unit | 1Q21 1Q20 | % |
% | 22.7 | 22.3 | 2% |
% | 1.7 | 1.6 | 8% |
% | 24.4 | 23.9 | 2% |
% | 100 | 100 | - |
% | 66.7 | N/A | - |
% | 2.491 | 2.602 | -4% |
% | 3.7 | 3.3 | 12% |
% | 86 | 86 | - |
H | |||
25,543 | 14,968 | 71% | |
% | 62.4 | 21.5 | 190% |
R$ | 252,785 | 149,973 | 69% |
# | 4 | 4 | - |
# | 40 | 22 | 82% |
# | 0 | 0 | - |
# | 2 | 0 | 100% |
Fr | 0 | 0.57 | -100% |
Fr | 1.72 | 0.88 | 95% |
# | 8 | 8 | - |
# | 19,237 | 9,225 | 109% |
R$ | 735,700 | 637,566 | 15% |
R$ | 628,481 | 468,837 | 34% |
R$ | 32,894 | 0 | - |
R$ | 0 | 0 | - |
R$ | 8,078 | 0 | - |
R$ | 20,000 | 100,000 | -80% |
R$ | 37,196 | 15,579 | 139% |
R$ | 9,050 | 53,150 | -83% |
% | 12 | 6 | 118% |
% | 91 | 91 | - |
% | 19 | 22 | -12% |
% | 88 | 88 | - |
- The indicators with respect to employees consider controlled and partially controlled employees and make up the consolidated figures
- The indicator consolidates the number of employees pertaining to under-represented groups, nominally, black, mixed race, indigenous, yellow as well as "not informed".
- This indicator refers to employees of the male gender who had the right to paternity leave via Empresa Cidadã. Since this scheme only began in 2020, 12 months have still not elapsed since 1Q20.
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EDP - Energias do Brasil SA published this content on 13 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 May 2021 17:45:09 UTC.