Result Was Released Last Friday (22), In The Company’s Annual Sustainability Report
Last Friday (22), the generator CTG Brasil disclosed that it directed 29.8 million reais to projects that mainly benefit the communities surrounding the company’s operations, in initiatives for environmental education, enhancement of local culture, biodiversity protection, among others, increasing the positive impacts of a business model based 100% on generating clean energy.
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This information is part of the 2019 Annual Sustainability Report, disclosed by the company in a presentation by the president for employees. According to him, the company has an important role in supporting national development, ensuring the functionality of the infrastructure that will support energy supply efficiently and sustainably.
“Generating value sustainably is the best way to achieve strategic objectives in the long term, and that is why we are signatories of the UN Global Compact to conduct business while respecting the principles of human rights protection, good labor practices, environmental preservation, and combating corruption.”
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Tax reform: September is the deadline for 22 million companies under the Simples Nacional.
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The Brazilian government and Spain signed a strategic agreement on critical minerals this week and accelerated plans to attract investments, dominate essential technologies, and position Brazil as a competitive hub in the new global economy.
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Vietnam opens its market to Brazilian beef calves and grants access to a destination that has already imported over US$ 3.5 billion from the national agribusiness, expanding exports, reducing waste, and boosting slaughterhouses across the country.
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While the world was paying more for fuel, the 100 largest oil companies on the planet raked in an extra $23 billion in just 30 days of blockage in the Strait of Hormuz.
The 2019 Annual Sustainability Report also informs that the company registered a 4.6% increase in its net operating revenue in 2019, reaching R$ 4.8 billion. Net income reached R$ 1.3 billion, with a growth of 35.9% compared to the previous year.

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