Cogna remains in the B3 Carbon Efficient Index for the second year

06th March, 2024

For the second consecutive year, it is part of the B3 Carbon Efficient Index (ICO2 B3) portfolio for 2024. This index highlights companies’ performance and transparency in disclosing greenhouse gas (GHG) emissions.

The recognition in ICO2 B3 reflects the public commitment made by the company in 2021, through the manifesto “Cogna Commitments for a Better World”, in which we commit to three environmental goals:

  • Have 90% of energy consumed on the grid come from renewable sources by 2025;
  • Impact 1.8 million people with environmental education content by 2025; It is
  • Measure the impact of GHG emissions on the Company’s operations, stipulating targets and commitments for mitigation and compensation.

The evolution of the Company’s climate agenda involves mapping emissions since 2019 – for the three scopes of the GHG Protocol scopes 1, scope 2 (location approach) and scope 3. These were audited by a Verification Body (OV), which assigned reasonable level of confidence – highest standard of assurance – certifying that inventories are materially correct and are a fair representation of the Company’s greenhouse gas data.

The 2022 inventory received the Gold Seal in the Brazilian GHG Protocol Program – the highest level of certification granted to companies that meet all transparency criteria in publishing their GHG inventories – and is available in the Public Emissions Registry.

In December, a voluntary target based on the Science-Based Targets Initiative (SBTi) was adopted to reduce total greenhouse gas (GHG) emissions by 50.4% in the three scopes (1, 2 and 3) over the next 10 years (2032). This goal aligns with the guidelines of the low-carbon economy, reinforcing the company’s commitment to the global climate agenda.

By once again integrating the ICO2 B3 portfolio, Cogna reaffirms its leadership role in the sector, demonstrating that it is possible to reconcile business success with environmental responsibility. The presence in this index not only emphasizes its search for efficiency and transparency, but also highlights the relevance of corporate responsibility – in all sectors – in reducing the impacts of climate change and not just its compensation.