The Investors section contains information about ENGIE Brasil Energia S.A., which is the ENGIE's group company listed in the Brazilian Stock Exchange (B3: EGIE3, ADR: EGIEY).
Main Business Risks of ENGIE Brasil Energia
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Market Risk
The supply of and demand for electricity can deviate from forecast so affecting energy prices and volume.
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Operationalization of the Strategy Risk
Adversity in the operationalizing of ENGIE Group’s strategic repositioning around four pillars – transition to a carbon neutral economy, accelerated growth in renewables and infrastructure; management of operational performance based on digitalization; operations based on four Global Business Lines (Renewables, Infrastructure, Thermal and Services).
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Industrial Safety Risk
Damage to the integrity of assets, the environment, society and/or the health and safety of people, as a result of the Company's operating activities.
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Cybersecurity Risk
Lacking or faulty planning, management or security in connection with resources and services in the areas of Information and Communication Technology (ICT), Automation Technology (AT), and the Internet of Things (IoT), that may have a negative impact on the Company’s continued operations and image.
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Risk of Non-Compliance with the Personal Data Privacy Law (LGPD)
Lack or failure of planning, management or security in the treatment of data from the Company's stakeholders (individuals and legal entities), which lead to the improper disclosure of private information, leaving the Company exposed to regulatory and reputational risk.
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Regulatory Risk
An adverse evolution of the regulations governing the electric energy industry. These regulations, which the Federal Government historically influences, may impact, for example, the modes, terms and conditions of electric energy sale agreements in force, production levels, sectoral charges and the relationships between industry players.
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Tax Risk
Adverse developments in the tax legislation, with potential impact on Company's results.
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Project installation Risk
Occurrence of events in the development or implementation of projects that may generate delays in the work schedule, additional costs in the implementation, conflicts with stakeholders and inefficiencies in the operation of the enterprise.
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Commercial Counterparty Risk
Failure to comply with the commitments entered into by traders or free customers in the purchase or sale of energy, with an effect on the Company's revenues.
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Ethics and Compliance Risk
Non-compliance, internally or with external collusion, with values and the principles of the Code of Ethics can lead to cases of corruption, fraudulent use of the Company’s assets, interference in the competitive processes and disrespect for human rights. This characterizes non-compliance with the norms and regulations applicable to the activities of ENGIE Brasil Energia.