About
this Report
ANEEL, Global Compact, GRI and
ABRASCA guidelines are used to
draft the CTEEP Annual Report.
Introdution
GRI 3.1, 3.2, 3.3, 3.4, 3.6, 3.7, 3.8, 3.9, 3.10, 3.11, 3.13, 4.12
For the fourth year in a row, CTEEP has followed GRI (Global Reporting Initiative) guidelines for disclosing Company and subsidiary financial, operational and socio-environmental results for January 1 to December 31, 2011, in its Annual Report.
The level of GRI application in this report is B and the Company's goal is to reach B+ in the coming years, in line with its attitude of transparency with all of its stakeholders. The Company publishes its results annually, with its last annual report regarding 2010 results being published in 2011. The report also includes the model recommended by ANEEL (Portuguese acronym for Brazil's National Electrical Energy Agency) to create the annual report and socio-environmental responsibility of the electrical industry.
Since 2010, the topics selected for discussion in the Report have considered the materiality matrix created using stakeholder opinions. ABRASCA (Portuguese acronym for the Brazilian Association of Publically Traded Companies) criteria and guidelines from the United Nations Global Compact, to which CTEEP formally adhered in 2011, were also considered in drafting this report.
The financial data, audited by Ernst & Young Auditores Independentes S.S., are presented in consolidated and real numbers, pursuant to current corporate laws and IFRS (International Financial Accounting Standards).
Under the coordination of the Strategic Management and Communication areas and the Financial and Investor Relations Departments, creation of the Report relied on participation from workers in various areas and at various levels of the Company. The CEO, Company Officers and Managers took part in validating data.
Performance indicators presented in this document concern data for CTEEP and its regional offices and do not include subsidiary and controlled company data unless indicated. Information was internally verified and was not submitted to outside verification. This Report provides revised data from the 2010 document.
The following relationship channels are available for further clarification:
- www.cteep.com.br
- e-mail for the Investor Relations area: [email protected]
Materiality Matrix
GRI 3.5, 3.9, 4.14, 4.15, 4.16, 4.17
This Report was built using topics that were identified as top priorities for the Company and its chief stakeholders. Since 2010, CTEEP has used the Materiality Matrix tool to define and create content for its Annual and Sustainability Report. This tool identifies Company and stakeholder opinions in relation to topics that are classified according to their degree of relevance.
To build the CTEEP Materiality Matrix, four main groups of stakeholders were initially defined: customers, suppliers, employees and shareholders. This process of engagement should evolve over the coming years, enabling more indepth engagement with the groups that were already selected and inclusion of new stakeholders.
Mapping of topics found to be relevant for each group was done based on a materiality questionnaire that stakeholders accessed in 2010 using an electronic address sent by e-mail. The nine-question questionnaire covered social, economic, environmental and corporate governance aspects.
In light of its commitment to the Materiality Matrix, starting in 2010, CTEEP began to report on and monitor those indicators considered to be of the highest importance. This measuring is a way for the Company to show its stakeholders the efforts that have been made towards a more and more consistent report. There is one indicators (EU17) that is considered to be of very high importance on the materiality matrix which will not be reported on in 2011. This indicator will be monitored by the Company starting in 2012 due to the complexity of collecting this data.
The CTEEP Materiality Matrix, which is shown below, gathers the topics that will be discussed throughout this 2011 Annual and Sustainability Report. In the Annex to this Report is the GRI Index, with the list of indicators which were totally or partially reported on.