Aspas

Norte Energia goes beyond its responsibility to produce and generate energy, taking on broader initiatives in favor of sustainability.”

<p>Rodrigo Limp<br />
Nascimento</p>

Rodrigo Limp
Nascimento

Chairman of the Board of
Directors of Norte Energia

In 2023, we accomplished important achievements and continued to fulfill our commitments, contributing to the country’s economic and social development by generating clean, renewable and reliable energy, taking advantage of the hydroelectric potential of the Xingu River.

<p>Paulo Roberto<br />
Ribeiro Pinto</p>

Paulo Roberto
Ribeiro Pinto

CEO of Norte
Energia

ESTRATÉGIA E MODELO DE NEGÓCIO
STRATEGIES AND BUSINESS MODEL

We generate renewable energy for millions of Brazilians, promote socioeconomic development actions for the population and invest in projects and initiatives aimed at preserving and recovering the environment.

ESSENTIAL CAPITALS
Manufaturado
Manufactured Capital
Natural
Natural Capital
Humano
Human Capital
Intelectual
Intellectual Capital
Social e de Relacionamento
Share Capital and Relationship
Financeiro
Financial Capital
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COMPROMISSO COM A SUSTENTABILIDADE
COMPROMISSO COM A SUSTENTABILIDADE
COMMITMENT WITH SUSTAINABILITY
Our commitment goes beyond energy generation.
We contribute to environmental conservation and sustainable socioeconomic development in the Amazon.
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GOVERNANCE
Governança Corporativa
Corporate Governance
Governança Corporativa
Estrutura de Governança
Governance Structure
Estrutura de Governança
Programa de Integridade
Integrity Program
Programa de Integridade
Canal de Denúncias
Whistleblowing Channel
Canal de Denúncias
Código de Conduta e Ética
Code of Conduct and Ethics
Canal de Denúncias
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PESSOAS
PEOPLE: OUR PEOPLE, OUR DIRECTION
We believe the future of working relationships lies in people, in Our People.
Therefore, in the manifesto "Our People, Our North", we highlight six pillars that represent the value of people for Norte Energia: Inspire, Evolve, Value, Support, Celebrate and Care.
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Pessoas: Nossa Gente, Nosso Norte
PLANETA
PLANET
We invested in renewable energy and strategies to combat climate change. In partnership with other companies, we invested in projects to ensure the quality and availability of water in the Xingu River basin.
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PROSPERITY
Main Sustainability Actions
Belo Monte Empreende
Belo Monte Empreende

In 2023, the Belo Monte Empreende Program, in partnership with the Amazon Entrepreneurship Center (CEA), moved forward to train entrepreneurs for sustainable businesses in the Belo Monte HPP region.

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Belo Monte Community
Belo Monte Community

Belo Monte Community (BMC) implemented several actions in 2023, focusing on nine axes: Citizenship, Preventive Health, Environmental Education, Art and Culture, Education, Sports, Volunteering, Digital Inclusion and Job and Income Generation.

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Permear
Permear

In 2023, in partnership with the Municipal Department of Education of Altamira, Norte Energia launched the Permear Project, aimed at training teachers on indigenous histories and cultures, in accordance with Federal Law No. 11,645/2008.

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Environmental licensing and sustainability
Environmental licensing and sustainability
Environmental licensing and sustainability

Norte Energia adopts a sustainable development strategy, integrating value creation for shareholders, society, local communities, and the environment. The company undertakes actions to enhance the positive impacts of its operations while mitigating, compensating, or addressing negative effects.

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Consultation and participation
Relationship with Indigenous Peoples
Relationship with Indigenous Peoples

Interactions with indigenous peoples take place through face-to-face consultations in Altamira, at the headquarters of the Indigenous Communication Program, as well as through telephone consultations, radio and messages via apps. In 2023, we recorded 7,031 services provided to indigenous people, through the different channels available

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Social Monitoring and Monitoring Project for Communities Surrounding the Works and Host Communities
Social Monitoring and Monitoring Project for Communities Surrounding the Works and Host Communities

We carried out the Social Follow up and Monitoring Project for Communities Surrounding the Belo Monte HPP, part of the Basic Environmental Project (PBA).

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Ribeirinhos
Ribeirinhos

Throughout 2023, we continued actions aimed at strengthening the fishing and aquaculture sector in the region located in the Area of Influence of the Belo Monte HPP, both within the scope of the Sustainable Fishing Incentive Project and also in compliance with the specific conditions of Operating License No. 131/2015.

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Innovation And Research
Electric Mobility
Electric Mobility

The electric mobility project (RDI Aneel PD- 07427-0319/2019) implemented the first green corridor in Pará, with the construction of a photovoltaic plant to generate solar Energy on the UFPA university campus in Belém, and the provision of electric buses and an electric boat to transport university students.

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Innovation in the Inspection of Critical Structures at the Belo Monte HPP
Innovation in the Inspection of Critical Structures at the Belo Monte HPP

The project “Innovative Strategies for Inspection and Analysis of Critical Structures at the Belo Monte HPP” is transforming the inspection and monitoring of the plant’s structures.

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Using Drones for Monitoring and Inspection
Using Drones for Monitoring and Inspection

The “RPAS MULTI-HYBRID BVLOS” project innovated the monitoring and inspection of the Belo Monte Hydroelectric Power Plant with an advanced technology drone.

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Strategic Partnerships
Strategic Partnerships
Strategic Partnerships

A Norte Energia reconhece que a colaboração conjunta e sinérgica com atores multilaterais é essencial para alcançar os objetivos de seus compromissos.

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Suppliers
Suppliers
Suppliers

At Norte Energia, we prioritize hiring local suppliers to promote the socioeconomic development of the region. In 2023, our base had 2,508 active suppliers, 814 new registrations, 2,753 updates and 2,309 deactivations. Contracts with suppliers from Pará represented 30% of the year’s expenses.

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Tax Approach
Tax Approach
Tax Approach

At Norte Energia, we adopt a tax approach based on transparency and compliance with tax legislation, although we do not have a formal tax strategy.

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Economic-Financial Performance
Economic-Financial Performance
Economic-Financial Performance

In 2023, we recorded a 4% increase in Norte Energia’s net operating revenue, totaling BRL 5,764 million. However, due to the increase in operating expenses, energy sales costs and acquisition for resale, accumulated EBITDA fell 7%, to BRL 3 million.

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