Energy Transition and Security

Eneva is a fully integrated energy company operating end-to-end — from hydrocarbon exploration and production to power generation and energy trading. Our business model is based on accessible, reliable, and flexible solutions, combining the security of thermal supply with the expansion of renewable sources and the provision of natural gas to both on-grid and off-grid markets.

This approach positions us as key players in a responsible energy transition, with a focus on energy security, efficiency, and positive socio-environmental impact.

We are pleased to present our 2024 Integrated Report, the third in this format, which transparently consolidates the company’s main financial and non-financial results for the period from January 1 to December 31, 2024.

The document reflects our strategy, commitments, policies, and actions focused on generating value for all our stakeholders.

The preparation of the Integrated Report and ESG Databook follows leading international frameworks: IIRC, GRI, TCFD, and SASB.

With a diversified portfolio, strategic territorial presence, and long-term vision, Eneva is well-positioned to grow responsibly — expanding its role in thermal power, natural gas, LNG, and infrastructure, while advancing the development of new energy solutions.

Check out our full Integrated Report

Integrated Report 2024


Also check out our ESG Databook

Databook ESG 2024

Message from management

Lino Cançado

CEO of Eneva

Barne Seccarelli Laureano

Chairman of Eneva’s Board of Directors

Eneva is committed to accelerating the energy transition of the Brazilian economy by offering solutions that directly contribute to emissions reduction and help clients achieve their sustainability goals. Our focus is on delivering secure, efficient, and affordable energy through viable alternatives that support the shift to cleaner systems and reduce supply risks — especially in regions beyond the reach of traditional infrastructure.

2024 Highlights

Financial
  • Reduction of Net Debt/Ebitda to 2.42x
  • Cash generation
  • Strategic positioning
Operational
  • Capital projects
  • Expansion in E&P
  • Growth of the Small-Scale LNG (SSLNG) model
  • Safety and energy transition
ENVIRONMENTAL
  • Low-carbon technologies
  • Emissions management
  • Support for the bioeconomy
Social
  • Safety
  • Socioeconomic opportunities
  • Women’s empowerment
Governance
  • Whistleblower hotline
  • Strengthening of compliance training program

Public ESG Targets

ENERGY TRANSITION AND SAFETY

Stability of the power system, efficiency, and low-carbon technologies

Power Safety and Emissions Management

Provide energy security through firm and flexible sources, complementing Brazil’s renewable supply and managing emissions intensity.

Low-Carbon Technologies

Invest in low-carbon technologies to reduce emissions and foster the competitive sustainability of the business.

Power Safety and Emissions Management

Target 1.1

By 2030, limit the generation portfolio’s emissions to 0.39 tCO2e per MWh.

Target 1.2

Ensure a minimum average availability rate of 95% for dispatchable power plants.

Target 1.3

Facilitate a reduction of 400 million tCO2e for industrial and transportation sector clients by 2030.

Low-Carbon Technologies

Target 2.1

Assess potential geological reservoirs in the Paraná Basin for CO2 storage by 2027.

SOCIAL AND ECONOMIC OPPORTUNITIES

Economic and Educational Opportunities to Improve Community Livelihoods

Female Empowerment

Promote women’s entrepreneurship by expanding access to economic tools, education, and public policy engagement.

Education and Insertion in the Job Market

Ease poverty and create opportunities through education and local investment.

Female Empowerment

Target 3.1

Lift 100% of the participants in the Company’s women’s entrepreneurship program out of extreme poverty within three years of joining, with a 30% annual increase in participating women.

Education and Insertion in the Job Market

Target 4.1

Achieve 88% local workforce participation by 2030.

Target 4.2

Provide literacy education to 3,000 people in our area of influence between 2025 and 2030.

ENVIRONMENTAL CONSERVATION AND BIOECONOMY

Biodiversity through sustainable value chains and efficient natural resource use

Promoting the bioeconomy

Strengthen an economic model
based on family agroforestry systems to conserve biodiversity, combat deforestation, and generate autonomy and income.

Sustainable Natural Resource Use

Use natural resources sustainably and efficiently, while minimizing environmental impact.

Promoting the bioeconomy

Target 5.1

Generate R$ 1.2 million in collective gross income through the annual production of 65 tons from 50 hectares of family agroforestry systems by 2030.

Sustainable Natural Resource Use

Target 6.1

Ensure 100% recycling management of recyclable waste from operational assets in Amazonas through partnership with a local association by 2028.

Check out our reports

Download the 2024 reports:

Integrated Report 2024 ESG Databook 2024

Download reports from previous years:

Integrated Report 2023 ESG Disclosures Supplement 2023 Integrated Report 2022 ESG Disclosures Supplement 2022 Integrated report 2022 summary 2021 Sustainability Report 2020 Sustainability Report 2019 Sustainability Report