Energy: Our Differentiator – CBA

WHAT IS IT

CBA's ESG 2030 Strategy project aims to generate renewable energy, seeking to achieve 100% of renewable electricity from the company's production processes and expand its installed capacity from renewable sources, in addition to hydroelectric power. CBA's electricity generation is 100% renewable, predominantly hydroelectric, with two wind farm complexes and plans to further diversify with new sources. The renewable energy matrix supports the project with the following company certifications: Aluminium Stewardship Initiative (ASI) Performance and Chain of Custody, and ISO 14001:2015 – Environmental Management System. The project's goal is to reduce emissions from cast products by 40% from the base year 2019 and define a trajectory towards carbon neutrality by 2050.

RESULTS AND OBJECTIVES

• To promote the diversification of energy sources for businesses and operations towards clean energy (generated from low-impact renewable sources).
• To generate new clean energy alternatives for commercialization/sale to third parties.
• In 2022, it achieved a 26.1% reduction in emissions from cast products compared to 2019.
• It is expected that generation for consumption will be maintained from a renewable source of 100%.
• By 2023, a reduction of 26% in these emissions had already been achieved compared to the baseline year of 2019.

SDGs

11. Sustainable cities and communities, 13. Climate action, 7. Affordable and clean energy

INTERNATIONAL COMMITMENTS

Paris Agreement, United Nations Framework Convention on Climate Change (UNFCCC)