United Nations Global Compact

Aiming to corroborate its contribution to sustainability, TAESA joined the United Nations Global Compact in 2019, an initiative that promotes a dialogue between companies, corporations and UN bodies on social and environmental responsibility policies.

The Compact is currently the world’s largest corporate sustainability initiative, with over 13,000 members spread across 160 countries. The central idea of the Global Compact is to promote the social dimension of globalization. To this end, this initiative seeks to engage the international business community in ten principles related to Human Rights, decent work, the environment and the fight against corruption.

Corporate integrity

Since continuously seeking to adopt corporate governance best practices, in 2022 TAESA voluntarily joined the Ethos Institute’s Business Pact for Integrity and the 100% Transparency Movement.

The initiative, promoted by the UN Global Compact Brazil Network, has been the first national effort to encourage companies to go beyond legal requirements by strengthening their integrity mechanisms, thus, becoming more resilient and cases of success on the corporate arena. The Company is currently one of the many organizations taking part in this important initiative.

In 2023, TAESA achieved 3 of the 5 goals set by the Movement: 100% transparency of the Compliance and Governance structure; 100% transparency on the Ethics Channel; and 100% transparency of interactions with the Public Administration. Click here to learn more.

Race is Priority Movement

In 2023, we joined the UN Global Compact initiative in partnership with CEERT and UN Women to promote ethnic-racial equity in Brazilian companies.
By joining the Race is Priority Movement, our goal is to have 30% of black people* in leadership positions by 2025, and 50% by 2030.  This is TAESA once again reaffirming its commitment to diversity!
For further details, visit: https://www.pactoglobal.org.br/movimento/racaeprioridade/

Excellence Award in the Energy Summit 2024

TAESA received the Excellence Award for the Use of Geotechnologies in the Energy Sector during the Energy Summit 2024, held in May. The event aims to showcase, develop, and integrate companies into the Geographic Information System (“GIS”), maximizing its potential and applications.

TAESA Wins the Transparency Award

Recognized as the “Oscar of Accounting,” the 2024 Transparency Award was granted to TAESA in October 24. Organized by the National Association of Finance, Administration, and Accounting Executives (“ANEFAC”), this prestigious award is a testament to the dedication of the entire team and positions the company among the top publicly traded companies with revenues of up to R$5 billion. Dirlei Júnior, Controlling Manager, and Simone Dutra, Financial Statements Coordinator received the award in-person.

EGAESE 2024

In recognition of TAESA’s relevant role in the industry, it was invited to participate in the Asset Management Meeting for Electric Sector Companies (EGAESE 2024). This is the only event focused on the electric power sector that addresses the best practices in Asset Management, its impacts on company results, and its relevance to the regulatory aspects of the national electric industry. At the event, Laura Santa Rosa, who is SGIT SR Engineer (pictured below), participated in the panel “SGI – Overcoming Obstacles to achieve Success: Barriers and Benefits of Integrated Management Systems: Practical Cases”, where she represented TAESA and presented the work “Quadri norms Certification: Challenges and Benefits, Successful Implementation for a great Achievement.” Additionally, TAESA had two projects recognized in the 11th Edition of the National Asset Management Award. The project “Observability Agent: Innovation in Business Intelligence for Energy Transmission”, by Willy Wendorff and Gabriel Brandão, won 1st place in the Strategic Management category. Project “SisPLAN: Transforming Maintenance Planning in the Electric System with Efficiency and Precision”, by Leonardo Leitão and Willy Wendorff, ranked 2nd in the Regulatory Impacts category.

TAESA Integrated Management System (“SGIT”)

To continuously improve the efficiency of TAESA’s services and environmental performance, SGIT provides solutions to minimize any socio-environmental impacts through detailed planning, allocation of resources, assigning of responsibilities and reviews of the practices, procedures and processes adopted.

It is an ongoing and collaborative process, which involves different teams of the company to ensure that any and all legal requirements related to the performance of the company’s operations are met.

In 2021, TAESA began setting up its Integrated Management System striving for continuous improvement and business excellence, through the standardization of processes in compliance with the legal requirements established in the ISO Standards. In this way, to make progress on its sustainability agenda, in 2023 the Company was certified with the following ISO Standards:

• ABNT NBR ISO 9001:2015 – Quality Management
• ABNT NBR ISO 14001:2015 – Environmental Management
• ABNIT NBR ISO 45001:2018 – Occupational Health and Safety Management
• ABNT NBR ISO 55001:2014 – Asset Management

Em outubro de 2024, a TAESA passou por uma auditoria externa e confirmou a manutenção da certificação nas quatro Normas ISO que compõem o SGIT.

Política do Sistema de Gestão Integrado (SGIT)

A Política do SGIT é o documento central do Sistema de Gestão Integrado da TAESA, conforme as normas ISO 9001 – Gestão da Qualidade; ISO 14001 – Gestão Ambiental; ISO 45001 – Gestão de Segurança e Saúde Ocupacional; e ISO 55001 – Gestão de Ativos. Ela visa contribuir para a segurança e saúde dos colaboradores e subcontratados, bem como para a melhoria da qualidade de vida da população, respeitando o meio ambiente e promovendo o desenvolvimento sustentável. A Política assume os seguintes compromissos:

We are honest. We respect all people, their lives and diversity;
We act to prevent accidents and occupational diseases with the engagement of direct and indirect employees;
We strive for excellence, quality work and the preservation of the environment, reducing pollution and climate impacts;
We continuously improve our business processes and created Value through our assets to increase the satisfaction of our clients and stakeholders. Complying with the legal and regulatory requirements, in addition to the standards that comprise our Integrated Management System.

TAESA has set the following Rules and Procedures to ensure compliance with the Commitments signed, which were broken down into the following Objectives:

Disseminating the safety culture to prevent any accidents, providing a healthy and safe work environment
Minimizing the environmental impacts resulting from our activities by using natural resources efficiently and responsibly.
Maintaining adequate levels of reliability and availability of transmission assets.
Being increasingly efficient and increasing the profitability of transmission assets;
Maintaining the certification and enhancing the Integrated Management System, further strengthening the commitment to sustainability.

The Integrated Management System (SGIT) Policy of TAESA was approved by the Company’s CEO. It is widely disseminated through presentations during the onboarding of new employees, official company documents, and SGIT presentations available on the intranet, in addition to the electronic board and the badge attached to employees’ ID cards.

Learn more about our:  Click here to access the SGIT Policy*

Committed to sustainable growth, TAESA strives toward operational excellence, ensuring profitability and financial discipline, incorporating sustainability criteria, policies and operational practices that augment the company’s competitiveness, while promoting the improvement of socioeconomic conditions in communities, such as a shared value.

We adopt the best financial practices and instruments, as well as investment and financing decisions. By doing so, we promote positive economic impacts that contribute toward boosting and/or leveraging of the local economy (through the installation of assets and infrastructure, creation of jobs, etc.) and all the associated benefits, providing for improvement in people’s quality of life.

This is a win-win relationship, whereby the company – in promoting local development by driving the economy and developing programs – shares value with society and acts with environmental responsibility.

These initiatives facilitate access to financing with favorable counterparts (lower interest rates), which enables the expansion of activities and assets, such as the issuance of green bonds.

Green Bonds

Green Bonds, also known as Climate Bonds, are securities issued to raise funds for investments in projects that have sustainability-oriented premises, through socioenvironmental controls and the respective mitigation of their impacts.

In a historical context, the world’s first Green Bond was issued by the World Bank in November 2008, giving rise to a sustainable process in the capital market. The issuance of this first paper demonstrated to the world how it was possible to relate sustainability with profitability.

According to the guidelines of these securities, which use the Green Bond Principles (GBP) as a methodology, it is acknowledged that transmission lines in Brazil contribute to the flow and transmission of renewable energy in the National Interconnected System (SIN).

Proceeds from the issuance of green bonds for TAESA will be used for future payments and reimbursement of project costs related to electricity transmission. These assets bring environmental benefits, since their construction will increase the availability of the National Interconnected System (SIN) for renewable energy;

Reinforcing our commitment to transparency, we joined the Inter-American Development Bank’s (IDB) Green Bond Transparency Platform (GBTP) in August 2021, designed to promote transparency in the green bond market in Latin America and the Caribbean. Through GBTP, it is possible to harmonize and standardize the reports on green bonds and allow the market, in general, to analyze the resources of the securities invested and what environmental performance has been achieved. This action provides the capital market with relevant information on the Company’s environmental performance, which makes it even more interesting to new and current investors.

In 2024, TAESA issued 02 Green Bonds, or green bonds, following a movement that began in 2019. In 2024, TAESA issued 02 Green Bonds, or green bonds, following a movement that began in 2019.

www.greenbondtransparency.com

Green Finance Framework