Strategy

Strategy and Business Model

Our actions are in line with our strategic guidelines defined from our organizational ideology and the socioeconomic and regulatory environment in which we operate, as well as taking into account risks and opportunities. We also consider the guidelines present in our Sustainability Policy, which direct our actions towards a culture based on the perpetuity of the business, the planet and people.

Our Business Model is structured in accordance with the International Framework for Integrated Reporting, which establishes six capitals: Manufactured; Natural; Human; Intellectual; Social and Relationship; and finance. Through them, we carry out renewable energy generation and sales activities.

With these capitals acting together, we achieved good results for the Company and its shareholders and shared value with the parties involved, through the generation of renewable energy for millions of Brazilians; socioeconomic development actions for the population; investment in proposals and projects for the environment.

Commitments to Sustainability

In 2022, we value ESG aspects in our management and present our letter of request to join the UN Global Compact. In January 2023, after the adhesion process that verified several aspects of the company's operations, we became members of the Global Compact and incorporated its 10 principles into our management, as well as our commitments to the 17 UN Sustainable Development Goals. Starting in 2024, we will annually report our progress against the commitments made. Along the way, Norte Energia reiterates its work with the best sustainability practices.

Our work is structured on strategic pillars related to the SDGs. They are: regional socioeconomic development; renewable energy generation; and protection of the Amazon, focusing on the Xingu Basin. Our goal is to build a positive legacy and contribute to the socioeconomic development of the territories where Norte Energia operates.