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  • Climate, Energy and Sustainable Finance

Natura and Itaú Unibanco invite companies to join the Climate Commitment Program  

  • Posted in 14/08/2018

In an unprecedented partnership, Natura It is Itaú Unibanco, companies associated with CEBDS, joined forces last year to offset 550 thousand tons of carbon dioxide to neutralize emissions from recent periods. With seven projects selected in a call for proposals held in 2017, with support from Instituto Ekos Brasil, the two companies are now inviting other companies interested in offsetting their emissions to participate in the Climate Commitment Program.

The goal is to encourage new partners and suppliers to neutralize their emissions through projects in the areas of energy, agriculture, forestry and waste treatment, among others. The Program also seeks to optimize resources by sharing knowledge and good practices in the selection of socio-environmental projects, connecting them to investors, while contributing to enabling initiatives to mitigate climate effects.

“Natura has been a Carbon Neutral company for over 10 years, but we know that combating climate change depends on joint actions. That’s why we joined forces with Itaú to seek creative solutions to increase the number of companies that offset their emissions, which is the main goal of this platform. We believe that we can share lessons learned and encourage more companies to participate, increasing the potential for generating a positive impact from this initiative,” explains Keyvan Macedo, sustainability manager at Natura.

“The partnership with Natura and the results obtained so far in this first call for proposals are in line with the bank’s purpose, which is to stimulate people’s power of transformation through actions that generate a positive impact on society as a whole. The greater everyone’s involvement, the greater the reach and the better the results,” says Denise Hills, superintendent of sustainability and inclusive business at Itaú Unibanco.

At Ekos Social Platform – Commitment to the Climate, companies interested in participating in the Commitment to the Climate will be able to learn about the projects and support them by purchasing carbon credits, in addition to finding more details about the socio-environmental benefits of these initiatives.

Participants in the Climate Commitment and those interested in supporting the initiatives must access the Ekos Social Platform to learn about the other projects that were approved by the 2017 Call for Proposals.

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