We develop our business activities sustainable way. We are committed to the fight against climate change and a model of sustainable economy. All within our strategy framework of corporate social responsibility and compliance with tax regulations.
The 25th Conference of the United Nations on Climate Change — also known as the Conferences of the Parties (COP) — will take place from 2 to 13 December. The event, which is an essential milestone in the global climate agenda, reiterates the need for all countries to increase their climate commitments.
Not only is it a serious threat to the planet and to people, climate change is also threatening the global economy. This problem needs public-private sector collaboration to change the way we produce goods to other methods that guarantee and drive the development of sustainable economic growth.
Neoenergia operates in 18 states and manages 13.9 million supply points in a concession area covering 840,000 km2. The company serves more than 34 million people and, since 1 July 2019, it has been the main private electricity company listed on the B3 in São Paulo with a capitalisation of around 19 billion Brazilian reais.
Energy group Neoenergia — Iberdrola's Brazilian subsidiary — launched an initial public offering (IPO). The company, which operates in 18 Brazilian states and supplies 34 million people with electricity, reached a net income of 7.104 billion Brazilian reals in the first quarter of 2019, 28.1% more during the same period last year.
The Iberdrola group contributes towards the creation of sustainable value for all of its Stakeholders by way of its social dividend, which is made up of multiple elements: investment in equity, job creation, tax contribution, purchases from local suppliers, protecting the environment and biodiversity, and our corporate social action — into which we channelled over €53 million in 2018 —. The methodology used for measuring, managing and communicating our corporate social action is the LBG model. We invite you to find out more.