Renewable Energy

AES Tietê receives recertification of Green Bonds in 2020

T&B Petroleum/Press Office
09/07/2020 18:44
Visualizações: 2544 (0) (0) (0) (0)

AES Tietê reaffirmed the certification of Green Bonds (green debentures) in 2020 through the seal of the Climate Bonds Initiative (CBI), an international organization that promotes the bond market for investments in solutions on climate change, having socio-environmental performance assessed by SITAWI Well and check from VigeoEiris. With this, the company achieves this certification for the second consecutive year.

 

Green debentures are debt securities whose resources are used to finance projects linked to sustainability, such as renewable energy infrastructure projects, which bring benefits to the environment and contribute to mitigating the effects of climate change and the use of natural resources, among them reducing emissions.

 

Institucional

 

In 2019, AES Tietê became the first Brazilian company to issue green bonds of solar project in Brazil, which resulted in the raising of R $ 820 million, the proceeds of which were allocated to the construction of the Guaimbê and Ouroeste solar plants, being the first major investments in solar energy in the state of São Paulo.

 

Good governance practices and constant monitoring of GBP (Green Bond Principals) indicators were essential for this recertification. These indicators show compliance with labor, environmental, regulatory, financial and good conduct standards with the community, ensuring that the resources allocated are aligned with the GBP's eligibility specifications, as well as with good international practices.

 

"This pioneering spirit combined with management with sustainable practices reinforces AES Tietê's commitment to global corporate governance parameters and its alignment with ESG (Environmental, Social and Governance) practices," said Clarissa Sadock, Vice President and Investor Relations Director.

 

The company's pioneering spirit was a milestone in the Brazilian green finance market as it further encouraged investments for sustainable development in the country.

Most Read Today
see see
International
PortXL presents its 2026 cohort of 11 maritime startups ...
30/09/26
ADIPEC
ADIPEC 2026 set to welcome record Asian participation as...
29/09/26
ANP
Royalties: amounts referring to July production were dis...
29/09/26
25th WPC
Riyadh Takes Center Stage as Global Energy Heavyweights ...
28/09/26
ROG.e 2026
Petrobras president advocates active exploration and exp...
25/09/26
ROG.e 2026
Nikki Martin, president and CEO of EnerGeo Alliance, spo...
25/09/26
ROG.e 2026
Oil States Highlights Integration Between Engineering, M...
25/09/26
ROG.e 2026
Port of Açu and OceanPact sign agreement for expansion o...
25/09/26
ROG.e 2026
Lumina’s Role and the Impact of ROG.e 2026 on the Energy...
25/09/26
ROG.e 2026
Leaders Identify Brazil as a Pillar of Energy Security a...
24/09/26
ROG.e 2026
Firjan SENAI and Sebrae Rio Connect Small Businesses wit...
24/09/26
ROG.e 2026
PPSA Study Identifies Best Practices to Support Investme...
24/09/26
ROG.e 2026
ROG.e 2026 Reinforces the DE&I Agenda in the Energy Sect...
24/09/26
ROG.e 2026
IBP Launches Publication on Energy Companies’ Socio-envi...
23/09/26
ROG.e 2026
Industry Giants and Independent Producers Accelerate Pro...
22/09/26
ROG.e 2026
Firjan Attends ROG.e 2026 Opening Ceremony and Signs Tec...
22/09/26
ROG.e 2026
ROG.e 2026 Opening Ceremony Highlights Just Energy Trans...
21/09/26
ROG.e 2026
Global Leaders Position Brazil as a Hub of Stability, At...
21/09/26
ROG.e 2026
Exclusive Interview: Pelagus targets Brazil to strengthe...
21/09/26
ROG.e 2026
At ROG.e, Firjan SENAI Holds the 30th Edition of the Sup...
21/09/26
ROG.e 2026
ROG.e 2026 kicks off next Monday (21) with global energy...
19/09/26
VEJA MAIS
Newsletter TN

Contact us

We use cookies to ensure you have the best experience on our website. If you continue to use this site, we will assume that you agree with our Privacy Policy, terms of use and cookies.