Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]In 2020, Compass Gás & Energia carried out a materiality construction work with identification of the context in which it operates, with a study of more than 30 internal and external documents.
Priority was given to the stakeholders to be consulted, including representatives of industry associations, federal, state and municipal governments, financial institutions, investors and regulatory bodies. Then, an analysis was carried out with the definition of materials and approval by the executive board.
Based on this materiality matrix, it was defined the three flags leading the businesses we carry out, from the point of view of stakeholders and internal leadership. The flags are: valeu people and society, offer more energy with less emissions, develop country's infrastructure.
For each Flag, we instituted three goals that should be reached by 2025. The Flags, therefore, guide our day-to-day actions, always in search of sustainable development with the highest standard of governance. On its initiative, in 2020 we have instituted an ESG Work Group (WG) – a Work Group for each Flag with the goal of monitoring and proposing solutions for the advancement of these goals.
Flag 2 aims to offer more with less emissions, by by contributing to the reduction of Greenhouse Gas (GHG) emissions by replacing more polluting fuels with natural gas, expanding the presence of natural gas in the transport matrix and including renewable gas in our portfolio. The goals under this flag are:
• annually reduce our GHG emissions (Scopes 1 and 2) per kilometers of distribution network – decrease of 11% compared to 2020;
• make Comgás Net Zero in GHG emissions (Scopes 1 and 2) until 2025 – decrease of 6% compared to 2020;
• incorporate gas from renewable sources into the portfolio of supplies.