L’Oréal Brazil and ENGIE establish partnership for exclusive use of renewable energy
Holding
Rio de Janeiro, June 17, 2019 — In line with its sustainability commitments, L´Oréal Brazil and ENGIE announced their partnership for the use of electricity from renewable sources in all L´Oréal sites in Brazil.
Wind power is generated at ENGIE’s Wind Complex in the municipality of Trairi (Ceará), and it supplies the manufacturing plants, Distribution Centers, Research Center and headquarters of L´Oréal Brazil, avoiding the emission of 7,000 tons of CO2 in the atmosphere, the equivalent of planting more than 43,000 trees.
“The issue of climate change is one of our priorities in sustainability. The decision to focus on acquiring 100% renewable energy produced in the Trairi wind farm aims to reduce the environmental impact resulting from our activities”, says An Verhulst-Santos, CEO of L´Oréal Brasil.
Maurício Bähr, CEO of ENGIE Brazil, highlights the importance of sustainability in their partnership. “The sale of energy to L’Oréal is testimony that sustainability can be both the starting and finishing point of the businesses. Partnerships such as this value and promote investments and actions that support the Sustainable Development Goals”, he said. Bähr also points out that the partnership is in line with ENGIE’s global strategy. “We are leading the energy transition to a low-carbon economy, working very closely with our customers’ energy needs and promoting continuous development”, commented the CEO of ENGIE Brazil.
This initiative is part of L’Oréal’s global sustainability commitment, Sharing Beauty With All, which has been transforming the company to make a positive impact on society and the environment. The program established sustainable development goals up to 2020, ranging from the conception of products up to the end consumer. The program has two focuses in Brazil: sustainable value chain and promoting social Protagonist roles through beauty. In the sustainable value chain pillar, one of its main missions is to achieve a low-carbon operation, aiming to reduce 60% CO2 emissions by 2020 compared to a base scenario in 2005, which has already been achieved: L’Oréal Brazil was able to reduce CO2 emissions from its industrial units by 68%, in absolute terms, in 2018 compared to 2005.
The Trairi Complex, developed by ENGIE, was a leading wind energy project that contributes to the United Nations (UN) Sustainable Development Goals (SDGs), particularly Clean Energy, but it also contributes to the area of health and education of vulnerable students of municipalities whose initiatives are aligned with ENGIE’s purpose of offering solutions that combine energy and socio-environmental attributes. Acquiring ENGIE’s renewable energy reinforces L’Oréal Brazil’s commitment to sustainability and helps the company reach its goal of zeroing CO2 impacts related to energy consumption at its operated sites.
Strategy for reducing emissions and promoting SDGs
The power purchase and sale agreement was prepared in accordance with the guidelines of the GHG (Green House Gas) Protocol developed by the World Resource Institute and Fundação Getúlio Vargas (FGV), in compliance with the criteria on carbon neutrality applied to the companies’ consumption of electricity.
About Trairi
The Trairi Wind Complex is located in Trairi (CE), a municipality with 51,000 inhabitants, and it consists of eight wind farms: Fleixeiras I (30.0 MW), Guajirú (30.0 MW), Mundaú (30.0 MW), Trairi (25.4 MW), Cacimbas (18.9 MW), Estrela (29.7 MW), Ouro Verde (29.7 MW), and Santa Mônica (18.9 MW). There are 86 wind turbines for a total 212.6 MW in installed capacity and 102.3 aMW physical guarantee for commercialization.
In 2018, remote operation of the Trairi Wind Complex began at the Generation Operations Center, located in ENGIE’s registered offices in Florianópolis (SC).
About L’Oréal Brazil
L’Oréal has been devoted to beauty for over 100 years. With its unique international portfolio of 36 different and complementary brands, the L´Oréal Group generated sales of 26.9 billion euros in 2018 and employs 86,000 people worldwide. As the world’s leading beauty company, L’Oréal operates in all distribution networks: mass market, department stores, pharmacies and drugstore, beauty salons, travel retail, brand retail, and e-commerce. L’Oréal’s strategy is focused mainly on research and innovation, and a dedicated research team of nearly 4,000 people who seek to meet the desires for beauty around the world.
In Brazil, the fourth largest beauty market in the world, the company celebrates its 60th anniversary in 2019 and is one of the leaders among beauty companies, with a portfolio of 20 diversified brands offered in the country.
About ENGIE
Our group is a global reference in low-carbon energy and services. In response to the urgency of climate change, our ambition is to become the world leader in the zero carbon transition “as a service” for our customers, in particular global companies and local authorities. We rely on our key activities (renewable energy, gas, services) to offer competitive turnkey solutions. With our 160,000 employees, customers, partners and stakeholders, we are a community of Imaginative Builders, committed every day to more harmonious progress.
Turnover in 2018: 60.6 billion Euros. The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main financial indices (CAC 40, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe) and non-financial indices (DJSI World, DJSI Europe and Euronext Vigeo Eiris – World 120, Eurozone 120, Europe 120, France 20, CAC 40 Governance).
In Brazil, ENGIE is the largest private producer of electricity, with its own installed capacity of 9,866 MW in 60 wind farms, which represents about 6% of the country’s capacity. The Group has 90% of its installed capacity in the country from clean, renewable and low greenhouse gas emissions.
ENGIE also operates in energy commercialization in the free market and is among the largest companies in distributed photovoltaic generation. The company also has a complete portfolio in integrated solutions responsible for reducing costs and improving infrastructure for companies and cities, such as energy efficiency, energy management and monitoring, management of power supply contracts, public lighting, HVAC Systems, telecommunications, security, and urban mobility. With 2,300 employees, ENGIE’s revenues in 2018 was BRL 9.3 billion in Brazil.
Sobre a ENGIE
A ENGIE é referência mundial em energia de baixo carbono e serviços. Com seus 96.000 colaboradores, clientes, parceiros e stakeholders, o Grupo está comprometido em acelerar a transição para um mundo neutro em carbono, através do consumo reduzido de energia e soluções mais sustentáveis. Inspirada em seu propósito, a ENGIE concilia performance com um impacto positivo sobre as pessoas e o planeta se apoiando em suas atividades chave (gás, energia renovável e serviços) para oferecer soluções competitivas aos seus clientes. Faturamento em 2022: 93,9 bilhões de Euros.
No Brasil, a ENGIE, empresa líder em energia renovável do país, atua em geração, comercialização e transmissão de energia elétrica, transporte de gás e soluções energéticas. Com capacidade instalada própria de cerca de 10 GW em 77 usinas, o que representa cerca de 6% da capacidade nacional, a empresa possui 100% de sua capacidade instalada proveniente de fontes renováveis e com baixas emissões de Gases de Efeito Estufa (GEE), como usinas hidrelétricas, eólicas, solares e a biomassa.
A ENGIE é também a detentora da mais extensa malha de transporte de gás natural do país, com 4.500 km, que atravessam 10 estados e 191 municípios, graças à aquisição da Transportadora Associada de Gás – TAG, concluída em 2020.Além disso, a ENGIE possui um portfólio completo em soluções integradas responsáveis por reduzir custos, emissões e melhorar infraestruturas para empresas, como ar comprimido, autoprodução solar local, biogás e biomassa, consultoria e gestão de energia, HVAC e subestações. Nas cidades, atuamos como parceira para tornar os espaços urbanos mais eficientes e sustentáveis, com soluções de iluminação pública, mobilidade elétrica e de district cooling.
Contando com 2.400 colaboradores, a ENGIE teve no país em 2022 um faturamento de R$ 12,8 bilhões.
A ENGIE está presente na B3 por meio de sua empresa de geração e comercialização de energia cujo ticker é o EGIE3. Na B3, a ENGIE integra o Novo Mercado, além de ser uma das únicas companhias listadas no Índice de Sustentabilidade Empresarial desde o início do ISE, em 2005. Em 2021, a B3 incluiu os papeis da ENGIE no Índice Carbono Eficiente (ICO2), composto pelas ações das empresas participantes do IBrX 100 que possuem maior transparência em relação ao reporte das emissões dos GEE e de como estão se preparando para uma economia de baixo carbono.
O Grupo é negociado nas bolsas de Paris e Bruxelas (ENGI), sendo representado nos principais índices financeiros (CAC 40, Euronext 100, FTSE Euro 100, MSCI Europe) e índices não financeiros (DJSI World, Euronext Vigeo Eiris – Europe 120/France 20, MSCI EMU ESG screened, MSCI EUROPE ESG Universal Select, Stoxx Europe 600 ESG-X).
