Commitment to society

ESG

Triple result

People, planet
and profits

Talking about ESG (which stands for Environmental, Social, and Governance factors) refers to a different way of approaching a company's business. The origin of this dynamic comes from the concept of 'triple bottom line': social, environmental, and economic, or in other words: people, planet, and profits. Its evolution has transformed this idea into an essential requirement of Socially Responsible Investment (SRI).

Principles of our ESG Policy

The principles of our ESG Policy focus on:

  • Mitigate the impact of our operations on the environment.
  • Ensure the well-being and safety of employees.
  • Uphold strong governance practices.
  • Be good corporate citizens.

Learn more about the ESG strategy and the contribution to the environment of all companies within the Brookfield Renewable Partners corporate group Download the report.

Together with our parent company, Brookfield Renewable Group, we support the goal of net-zero greenhouse gas emissions by 2050.

We are committed to diversity, equity, and inclusion. Learn about our statement here.

We share best ESG practices with our suppliers through this practical guide.

Our commitment to respecting human rights is consistent with our sustainability principles, ensuring employee well-being, environmental stewardship, and maintaining strong governance practices.

Solclef, aware of its responsibility in terms of ESG, has aligned its business strategy with the objectives of environmental protection, social care, and the management of corporate governance based on excellence, thereby contributing to the Sustainable Development Goals (SDGs) approved by the UN in 2015, aimed at advancing the improvement of quality of life for all societies, countries, and companies.

Solclef's areas of action in relation to the SDGs

Environment, biodiversity and ecosystems

Environment, biodiversity and ecosystems

Solclef monitors the environment of our facilities through ecosystem and biodiversity care programs with key performance indicators 

 

Life cycle management of renewable plants

Managing the lifespan of our assets involves, in addition to a mission based on technical excellence, the responsibility to develop actions that care for the environment.

 

Climate change and resilience

In our company, we study adaptation to climate change through initiatives that prevent its effects.

 

Job security

Community relations

Our purpose is to foster partnerships with the communities around us by promoting, among other initiatives, quality education that leads to professionals in the renewable energy industry, which implies economic growth and a more sustainable world. Additionally, our employees collaborate by engaging in various activities with NGOs, thereby enhancing equal opportunities for all.

Our employees also collaborate with NGOs in various activities, thus promoting equal opportunities for all.

 

Safety and health at work

Our employees are our company's most valuable resource. Therefore, we implement a continuous health and safety system that regularly addresses the protection of our employees through various actions and measures to ensure their well-being in the workplace.

Our ISO 14001 certification endorses our continued efforts to be leaders in protecting our employees, contractors, as well as the communities and ecosystems in which we operate through our HSSE Policy.

 

Working conditions and well-being

Equal opportunities are not a challenge in our company, but a reality. A good work environment is essential for the personal and professional development of our employees.

 

Impulse and promotion of talent  

We direct talent management towards fostering and promoting the potential of employees from the very beginning at Solclef. We are aware of the importance of working in a company that offers flexible work arrangements to adapt to the needs of its employees.

Ethical conduct

Ethical conduct

Our Code of Conduct and Business Ethics promotes that anyone associated with Solclef governs their behavior towards excellence in compliance not only with current legislation but also through principles such as honesty, integrity, and ethics.

In addition, our Anti-Fraud and Corruption Policy (ABC) reiterates the company's commitment to working with honesty and integrity and in full compliance with applicable anti-bribery or anti-corruption laws, including, among others, those applicable in the jurisdictions in which we operate.

 

Relations with the Administration

Solclef maintains an excellent and smooth relationship with various administrations with the common goal of protecting the environment, as well as establishing strong and reciprocal partnerships.

 

Integration of ESG criteria into investment decisions

Our company takes into account environmental, social, and corporate governance factors when considering a potential investment in an asset, with the aim of making a socially responsible investment.

 

Cybersecurity

Cybersecurity is another priority in our business model, which is why our strategy is to have specialized tools aimed at protecting all the information acquired and managed by the company.

 

Supply Chain Transparency and Accountability

La compañía implementa las guías de diligencia debidas a la cadena de suministro y, por ello, el “Código de Conducta de Proveedores” aboga por el cumplimiento legal y regulatorio, el compromiso con los criterios de gestión de medioambiente, sociales y de gobierno (ESG), la integridad, ética y prácticas anticorrupción, las prácticas laborales responsables, la seguridad y salud en el trabajo y la confidencialidad.