Sustainability Report 2022
Learn about our ESG strategy, commitments made and actions taken.
Message from the President
Norte Energia, the largest 100% Brazilian hydroelectric plant, Belo Monte HPP It is responsible for providing renewable energy to millions of Brazilians, and for acting as an important agent for decarbonizing the energy matrix and sustainable regional development in the Amazon region.
Net energy generation in 2022 broke a record, reaching 36,767.325 MWh, 15.6% higher than production in 2021. This is due to the high availability of generating units and the high affluence from January to April and the availability of generation of the Belo Monte power plant, which, throughout the year, met more than 6.1% of the demand in the national energy market, reaching 12.7% in January, the period of greatest generation.
Read moreMessage from the Management
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...
Read moreCommitments 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...
Read morePolicies
Our governance is guided by the guidelines of the Code of Best Corporate Governance Practices of the Brazilian Institute of Corporate Governance (IBGC) and governed by different internal...
Management
The Risk Management Policy defines the principles, guidelines and structure to manage them, establishing the responsibilities of the areas and the processes to identify...
Compliance
We are committed to maintaining the highest levels of professional and ethical standards in conducting our business. Thus, the Integrity Program aims to prevent, detect and remedy...
People
Inclusion
We believe in diversity and inclusion as essential values in building an equitable and productive work environment. For this reason, we plan to expand initiatives ...
Training
We believe that investing in employees adds value to the business and society. Therefore, we are dedicated to providing development and training opportunities ...
safety
In order to preserve the health and physical integrity of workers, Norte Energia requires all its employees (direct employees) and third parties to comply with the legislation ...
Planet
We believe in diversity and inclusion as essential values in building an equitable and productive work environment. For this reason, we plan to expand initiatives ...
Generating 100% renewable energy and carrying out activities with low levels of Greenhouse Gas (GHG) emissions demonstrate the Company's positive role in....
Acting in the conservation and preservation of biodiversity and natural environments in the area of influence of the Belo Monte HPP – respecting the parameters established or agreed...
Taking care of water, the main input used by the Company, is present in all our activities. To this end, Norte Energia develops continuous monitoring work to conserve the water...
The hydroelectric project on the Xingu River has undergone changes since its first proposal, prepared 40 years ago. These changes took place in to meet the claims of indigenous peoples...
At Belo Monte HPP, the management of collection and final disposal of its waste is carried out by a group of specialized companies, with which Norte Energia has a service agreements...
Regarding Norte Energia's internal consumption, computerized systems allow a daily, quick and correct analysis of data and variations in this consumption. The goal is always to seek...
Prosperity
The Basic Environmental Plan for the Indigenous Component (PBA-CI), part of the Belo Monte HPP environmental ...
We carried out a series of actions with the local communities of Volta Grande do Xingu, in order to promote socioeconomic development ...
As determined by federal legislation nº 12.334/2010, amended by Law 14.066/2020, which provides for the safety of dams in Brazil, the Belo Monte Complex has a Dam Safety ...
Norte Energia continuously carries out R&D projects to develop innovative solutions for the electricity sector, in line with our strategic objectives, generating value for the Company...
Through the promotion of dialogues, the celebration of alliances and multisectoral partnerships such as governments, academia, the private sector and third sector institutions ...
In order to support the Belo Monte Complex's operation and maintenance projects, energy sales and the execution of socio-environmental and sustainability actions, we manage ...
Due to the importance of Belo Monte HPP, our engagement in energy planning and regulation discussions related to the generation...
Our tax strategy is based on the principles of the Company's Code of Conduct and Ethics, which values the integrity of actions aimed at the best ...
The Company's financial statements were prepared based on the accounting practices adopted in Brazil, which include the rules of the Brazilian ...