ENGIE and Natura have agreed a partnership to compensate greenhouse gas emissions (GHG) reported by Natura which operates in the cosmetics sector. The acquisition of carbon credits will be conducted through the Lages Co-generation Unit (UCLA), ENGIE\u2019s biomass-fired plant in the mountainous region of the state of Santa Catarina.<\/p>\n
The agreement provides for the sale of sufficient carbon credits to compensate on a totally voluntary basis the emissions of 100 thousand tons of CO2<\/sub> with respect to Natura\u2019s GHG inventory for 2019. For comparative purposes, the amount is equivalent to the annual emissions of approximately 45.4 thousand Brazilians based on World Bank[1]<\/a> data considering \u00a0CO2<\/sub>\u00a0emissions\u00a0 per capita in Brazil of 2.2 tCO2<\/sub>e\/year.<\/p>\n Carbon credits or certified reductions of emissions, the so called \u201cCERs \u2013\u00a0Certified Emission Reductions\u201d are certificates issued for projects registered under the Clean Development Mechanism (CDM) within the scope of the Kyoto Protocol for the reduction of Greenhouse Gas (GHG) emissions. The Voluntary Cancellation Certificate is international and is issued by the Body of the United Nations responsible for climate change (UNFCCC).<\/p>\n Companies which are leaders in their respective fields of activity, ENGIE and Natura have had converging actions leading towards sustainability and transition to a low carbon economy even prior to these themes becoming higher profile. \u201cThese are two companies recognized by the market for their environmental, social and governance agendas (ESG). ENGIE is a benchmark in Brazil for the transition to a low carbon economy and in the generation of energy from renewable resources\u201d, says ENGIE Brasil Energia\u2019s Chief Executive and Investor Relations Officer, Eduardo Sattamini.<\/p>\n Currently, the Company generates about 90% of its energy in Brazil from renewable resources such as hydroelectric power plants as well as wind, solar and biomass operations. \u201cOur commitment is to continue operating to reduce emissions and to help Brazil towards its sustainable development and to meet the challenge of climate change\u201d, Sattamini concludes.<\/p>\n The shares of ENGIE Brasil Energia and Natura have been included in the Corporate Sustainability Stock Index (ISE) portfolio of Brasil, Bolsa, Balc\u00e3o (B3) for the 16th<\/sup> consecutive year.\u00a0The companies have been components of the index since its inception together with a four other companies. The ISE reflects the average return of\u00a0 a theoretical portfolio of shares pertaining to the listed companies enjoying the best environmental, social and governance practices.<\/p>\n \u00a0<\/em>\u201cNatura\u2019s business model is designed to incentivize, support and develop solutions generating a positive impact along the entire production chain. Since 2007, with the setting up of the Natura Carbon Neutral Program, the company has been operating on the so-called offsetting basis \u2013 the purchase of carbon credits for compensating emissions which cannot be avoided, through the support of projects focused on the environmental area\u201d, explains Denise Hills, global sustainability director for Natura.<\/p>\n The executive recalls that since 2014, the brand has been pioneering “forestry insetting” in Brazil – the compensation of carbon in its own productive chains. Remuneration arises as a consequence of the forest area that is conserved. Payments for environmental services rendered are made by the company to partner cooperatives and\u00a0 agricultural families through monitoring and the annual substantiation of standing forest, verified by a third party.<\/p>\n Commitment to climate<\/strong><\/p>\n The Lages Methane Reduction Project was selected under the Commitment with the Climate notice, an initiative of Natura and Ita\u00fa, with the support of the Ekos Brasil Institute and directed at organizations interested in maximizing their GHG emissions\u2019 compensation strategies and supporting socio-environmental projects for fostering the mitigation of the effects of climate change.<\/p>\n Signatory of the National Movement of the United Nations Sustainable Development Goals,\u00a0 ENGIE, through the Lages plant, invests in the recuperation of the headwater springs of rivers rising in the municipality as well as jobs\u2019 workshops, community nurseries, donation of indigenous seedlings and botanical projects with students from the region. Through the sport incentive law, the company also supports the Leoas da Serra, a female five-a-side soccer team and intercontinental champions in 2019.<\/p>\n For the chief commercialization officer of ENGIE Brasil Energia, Gabriel Mann dos Santos, these sustainability differentials, and the contributions of the company\u2019s project to the United Nations Sustainable Development Goals are critical for choosing \u00a0ENGIE as a supplier of emissions\u2019 reductions certificates for major companies. Natura has signed a partnership agreement with ENGIE for the compensation, on a totally voluntary basis, of 100,000 tons of CO2 related to its greenhouse gas emissions (GHG) reported in 2019.<\/p>\n \u201cENGIE\u2019s investments in socio-environmental initiatives and improving the quality of life of the population as well as the contributions of the Lages Project to the Sustainable Development Goals, are critical aspects\u00a0 in partnerships with such high profile companies \u00a0as Natura\u201d, Gabriel points out.<\/p>\n [1]<\/a> World Bank data for Brazil (the most recent value of 2.2 tCO2<\/sub> per capita based on data for 2016). Information available in: https:\/\/data.worldbank.org\/indicator\/EN.ATM.CO2E.PC<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" ENGIE and Natura have agreed a partnership to compensate greenhouse gas emissions (GHG) reported by Natura which operates in the cosmetics sector. The acquisition of carbon credits will be conducted through the Lages Co-generation Unit (UCLA), ENGIE\u2019s biomass-fired plant in the mountainous region of the state of Santa Catarina. The agreement provides for the sale […]<\/p>\n","protected":false},"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-33939","imprensa","type-imprensa","status-publish","format-standard","hentry","tipo-release-renewables"],"acf":[],"yoast_head":"\n