The corporate governance practices of the Neoenergia Group seek to ensure transparency and fairness in business, as well as respect for the rights of stakeholders, and follow the guidelines of the Brazilian Institute of Corporate Governance (IBGC). The model allows the use of business synergy between the companies that integrate the group and the unification of processes, practices and policies.
The Corporate Governance System of Neoenergia gathers the rules and principles that govern the organization, operation and relations of the Group.
Integrity is one of Neoenergia's values. Business development and employee performance are guided by ethical principles, in accordance with Brazilian law and adhering to the best business practices
The governance structure of Neoenergia is comprised of the Board of Directors, the Fiscal Council and the Executive Board, with the support of Advisory Committees that contribute to the decision-making by the Board of Directors.
Purpose and Values
Board of Directors
Neoenergia discloses this Thursday (30) its Sustainability Report, including economic, social and environmental results for 2019. For the first time in is history, the document was audited.
Iberdrola, Neoenergia’s parent company, recorded a regular net income in the amount of 968 million euros for the first quarter 2020, up 5.3% versus the same period in 2019. EBITDA showed a similar increase, with a 5.8% increase.