Integrated Report

Sustainability is an integral part of everything that we do. Over the last three years, we have demonstrated this through the release of sustainability reports. This year, we have published the first report in an integrated report format with the principles and guidelines from the International Integrated Reporting Council (IIRC). Besides the report, we are presenting the first ESG Indicator Notebook, that gathers together the content concerning the norms and GRI, SASB and TCFD indicators.

The report presents a broad vision of both the financial and non-financial results. It also lays out the advances undertaken that were inspired by the ESG agenda outlined by the public commitment taken on with the United Nations’ Sustainable Development Goals (SDG). Watch the video below to see a summary as well as the complete files.

Check out our full report:

Integrated Report 2022

See also our ESG disclosures supplement:

ESG Disclosures Supplement 2022

Check out the summary version:

Integrated report 2022 summary version

Message from Management

  • Lino Cançado

    CEO of Eneva

    2022 was a year of great progress for Eneva, in consolidating it as an integrated energy company that generates value. We have consistently developed our strategic plan and accelerated our growth trajectory. Our projects of social responsibility have brought about important results, elevating people from below the poverty line and helping to eradicate illiteracy.

  • Philippe Reichstul

    Chairman of the Board of Directors

    We have advanced in all the defined strategic pillars and have delivered emblematic projects which, originally seemed an insurmountable challenge. Throughout the journey, we became stronger, more able, more resilient, and more experienced.

Dual materiality

Eneva renewed its materiality matrix in 2022, in light of new trends, which take into consideration the impacts on the financial and socio-environmental points of view, dual materiality as it is known, and brought it in line with the new GRI Universal Standard from 2021. As for construction of prior materiality, three new themes arose as particularly strategic for the Company: Innovation and Technology, *Emergency Management and Supply Chain Management.

The following are the 12 material topics considered priorities for Eneva's activities and the impacted stakeholders and their relation to the Sustainable Development Goals (SDGs).

2022 Material themes Corresponding SDGs
Climate Strategy 791113
Responsible stewardship of natural resources 67
Innovation and technology 9
Biodiversity, ecosystems and water resources 615
Human Rights and community development 11011
Staff health, well-being and safety 3
Attracting, developing and retaining employees 4
Emergency preparedness 111415
Supply chain management 812
Ethics, integrity and compliance 16
Domestic energy security 7
Government relations & advocacy 16

Our Commitment to ESG

In 2022, we presented our long-term ESG commitments and what we plan to do to fulfil these commitments by 2030. There are three principal and interdependent guidelines and nine priority SDGs that will steer the company on the path to achieve our vision of "Ushering in a fair and inclusive transition with energy that produces value".

ESG Commitments based on three interdependent components and nine ODS priorities

Our Commitment to ESG

Go to our specific webpage to find out more about our ESG Commitments.

Learn all our ESG Commitments


Eneva is committed to environmental protection, the conscious use of natural resources and the minimization of impact of its operations. These values are incorporated into the culture of the company and are managed in all our assets.

2022 at a Glance:

Climate Management

Carbon Efficient Index (ICO2 B3) – Listed for the third year;

Brazilian GHG Protocol Program – Recognized with the Gold Seal for the second time;

TCFD - Alignment of Integrated Reporting according to the initiative's recommendations;

Reduction 23% in CO₂ emission intensity in Eneva's operations compared to 2021. 3,5% specifically in natural gas generation.


Biodiversity Action Plan – Birth of 55,000 turtle hatchlings as a result of a partnership with Projeto Tamar;

We maintain our adherence to the Brazilian Corporate Commitment to Biodiversity;

R$ 10 million by 2027 - Matchfunding of BNDES's Floresta Viva Initiative for the conservation of the Amazon biome.


Eneva has a series of initiatives to engage with the public with which it has a relationship, and communicate to them its actions and strategic progress. Creating trusting relationships with stakeholders and sharing their requirements is something the company is committed to.


It is the employees who enable the growth and achievement of results, and who are vital for the performance of the business and the materialization of the strategy. This includes ESG criteria and the construction of an agile organization that is ready for the challenges it faces.

2022 at a Glance:

1,500 direct employees and 4,100 outsourced workers;

Launch of a program providing psychological, legal, financial, and social assistance extendable to family members;

Launch of the Leadership Academy with 233 leaders, and the design of the Corporate MBA;

15% reduction in the Accident Frequency Rate (AFR) per thousand work hours.

Social responsibility

Eneva has defined its Corporate Social Responsibility structure , focusing on three main lines of action: Social Responsibility, Local Labour and Social Suppliers. In this way we will contribute to generating local value and help to improve the Social Development Index in the municipalities in which we operate.

2022 at a Glance:

46,000 people affected directly and indirectly by socio-environmental projects in the areas of operation;

'Projeto Aprender' impacted more than 24,000 people, including school audiences, students and their families), at 4,867 educational institutions in more than 200 municipalities;

Expansion of the 'Elas Empreendedoras Project' from 3 to 4 states, with the involvement of 210 women in vulnerable situations.;

Investments in Social Responsibility Projects: R$ 7.22 million in incentives, R$ 3.5 million to comply with licensing conditions and R$ 2.4 million in volunteering.

Local hiring

We look for long term partnerships and prioritize contracting suppliers of services and manual labor from the local area, in order to boost the development of the regions e operate in.

2022 at a Glance:

An almost 300% increase in total purchases undertaken with local suppliers, in relation to the previous year;

Sustainable Purchases – application of the ISO 20400 requirements to the project, integrating sustainability into the supply chain process.

Corporate Governance

We follow the highest standards of governance in Brazil. It is for this reason that the importance of Ethics and Integrity is built into the everyday actions of each and every one of our employees, reinforced through internal policies and refresher training.

2022 at a Glance:

Review of corporate structure in order to increase efficiency and agility;

New Emergency Management Manual;

We are listed in the New Market segment of B3;

AAA (bra) – Fitch Rating (6/28/2022).