We face climate change
As leaders in the energy sector, we recognize climate change as a challenge,
which is why we act proactively to mitigate it. To this end, we are resilient,
we adapt, and we manage risks to contribute to a more sustainable world.
Climate Change Strategy
Our climate strategy is aligned with that of Grupo Argos, in which the pillars of growth are: energy generation with low-emission renewable sources, the energy efficiency portfolio, infrastructure for sustainable mobility and carbon markets. Moreover, we are committed to reducing the impact on climate change by designing effective mitigation and compensation measures, and with innovative actions that contribute to strengthening the capacity for adaptation and developing business opportunities.
To achieve these objectives, we comprehensively identify and manage risks and opportunities, and prepare to mitigate potential impacts. We propose the following measures with respect to mitigation, adaptation, compensation and communication:
We have an environmental policy that incorporates commitments related to managing climate change and other atmospheric emissions, among which we highlight:
• Offering a portfolio of low-carbon products and services.
• Improving the operating efficiency of assets in order to manage and control noise and other atmospheric emissions.
• Measuring greenhouse gas (GHG) emissions from operations and implementing measures to reduce the intensity of emissions.
• Incorporating climate change and emissions management variables in the feasibility analyses of new investments and projects.
• Implementing ecological restoration projects for watersheds within the fulfillment of environmental obligations and voluntary projects, such as ReverdeC.
• Reducing the intensity of GHG emissions associated with energy generation by 25% by 2025 (base year 2015).
• Integrating the TCFD framework into our risk and opportunity management related to climate change.
Governance
Climate-related risks,
opportunities
and impacts
Climate Scenario
Analysis
Climate risk assessment
and quantification
Climate change
adaptation plan
TCFD Celsia 2024 Repor
Greenhouse Gas Inventories
and External Verification
Certificates
Internal Carbon Pricing
We are committed to reducing greenhouse gas (GHG) emissions by developing innovative initiatives that contribute to strengthening our capacity to adapt to climate change and developing business opportunities such as investment in non-conventional renewable energies, energy efficiency, watershed restoration, and the definition of a 2025 goal based on science
Find here the performance of our climate change indicators and metrics: Scope 1, 2 and 3 emissions, avoided emissions, emissions intensity, internal carbon price, regulatory risk, physical risk and financial opportunities derived from climate change