In the electric sector, the company ranks first in
sustainable growth and 25th among the largest companies in
Brazil
Neoenergia
is highlighted in Valor 1000. The group is in the 25th position
among the largest companies in Brazil, according to the 2020 results, and it is
the 22nd largest company in the Southeast. It is also among the 20
with the highest net income, in 12th place in profit from activity
and 16th in equity.
Among
the companies in the electric sector, Neoenergia ranked 7th among
the best, according to eight financial performance criteria, and 2nd
in net revenues.
The
company ranks 1st in the sector in sustainable growth, and the
leadership reaffirms the company's first value. The company's performance is
based on several corporate policies that aim to ensure the alignment of all the
group's companies with its commitment to the social dividend and the
Sustainable Development Goals (SDGs), especially in relation to goals 7 and 13,
concerning universal access to electricity and the fight against climate
change.
To
this end, the company innovates, undertakes new investments and adopts more
efficient, sustainable, and clean technologies, promotes growth and develops
the talent and technical and human capabilities of its professionals, works for
people's safety, and strives to build a successful business project together
with its entire value chain. The real and effective implementation of this
sustainable development strategy is one of the key elements to differentiate
the company in the Brazilian electric sector.
The
2021 ranking takes into account the companies' balance sheet data in 2020. The
survey has been conducted for 20 years by professionals from Valor, Serasa
Experian, and the Centro de Estudos em
Finanças da Fundação Fundação Getulio Vargas (FGV-EAE). For this year's publication,
1,102 financial statements were analyzed.
There are eight criteria evaluated in a standardized manner with
different weights, being net revenue the most relevant for the final score.