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Challenges of the Energy Transition and Sustainable Economy in Focus on ESG Energy and Business

Written by Corporativo
Published on 02/04/2024 at 18:36
desafios da transição energética
Foto: Rodrigo Dutra
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Registration Opens Today for the Influential Event Highlighting Energy Transition and Sustainable Economy

The second edition of ESG Energy and Business promises to be a milestone for professionals and stakeholders in the energy sector, with a special focus on sustainable economy and investment strategies for reducing financial risks. Scheduled for May 27 and 28 at the Fairmont Hotel in Rio de Janeiro, the event is an initiative of the Brazilian Institute of Oil and Gas (IBP) and will bring vital discussions on how ESG (environmental, social, and governance) practices directly influence corporations’ capital costs.

Investment Strategies and Reducing Financial Risks

At the forefront of the discussions will be the challenges of implementing effective ESG practices that not only contribute to environmental sustainability but also prove essential for the financial viability of companies in the energy sector. Participants will explore how the lack of initiatives in diversity and inclusion, ethics, compliance, and commitment to reducing climate change can significantly raise capital costs in the private sector. With registrations now open, the event offers a unique opportunity for updates, learning, and networking on the key trends and innovations surrounding the energy transition and sustainable economy.

Innovations and Debates on Sustainability

One of the most anticipated sessions is the roundtable with rating agencies, which will discuss asset classification from an ESG perspective, and the approach to the Sustainable Taxonomy, which seeks to identify sustainable economic activities and financial assets. Another highlight will be the debate on decarbonization initiatives, including carbon capture and storage projects (CCUS), as well as legislative discussions on offshore wind energy generation and the carbon market in Brazil.

The event’s green agenda also promises valuable insights, with analyses on Mission 1.5, aiming for the ambition of the Paris Agreement, and the prospects for COP 30, to be held in Belém in 2025. Studies will be presented on the impact of oil and gas production on greenhouse gas emissions, highlighting the crucial role of innovation and women’s empowerment in the sector.

The president of IBP, Roberto Ardenghy, emphasizes the significance of the event as a platform for dialogue and idea exchange, underlining the sector’s commitment to decarbonization and a just energy transition. With high expectations for participation, following the success of the first edition, which brought together over 900 participants and 146 speakers, ESG Energy and Business establishes itself as an unmissable event for those looking to understand and influence the future of the sustainable economy in the context of the energy transition.

Through enriching debates and the exchange of knowledge on investment strategies, reducing financial risks, and strengthening ESG practices, the event aims to be a catalyst for significant and positive changes in the energy sector, aligning business with sustainable development.

Source:

Rodrigo Dutra

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