Our environmental strategy is based on minimizing environmental impacts through planning and innovation, through complying with all environmental regulations and global best practices. We are maintaining or decreasing our carbon air and waste footprint. By training and developing our workforce to understand and apply our environmental procedures daily, we are privileging an environmental prevention work mindset instead of a reactive one.
Environmental Responsibility
Managing environmental impacts
It is unavoidable that our activity – generating electricity – implies environmental impacts on multiple levels: air emissions, waste production, water consumption, wastewater discharges, biodiversity (flora and fauna) effects, natural resources reduction, among others. Under this context, we seek continuously and in a dynamic way, to use innovative approaches to environmental management and to plan and implement suitable environmental management systems (EMS). Every EMS we develop is appropriate and tailored to the nature and scale of each project, promoting sustainable environmental performance and leading to improved environmental outcomes.
Environmental stewardship
Our policy on environmental sustainability is aligned with the International Finance Corporation (IFC) Performance Standards and with United Nations Global Compact Principles. They are reflected in our core business principles, which guide our day-to-day operations and our sustainable business strategy to promote environmental stewardship:
- Pollution prevention and abatement
- Biodiversity conservation
- Sustainable natural resource responsible management
Environmental prevention documents
Environmental prevention plan for 2023 Petosolar
Environmental prevention plan for 2023 Ploiesti
Environment Plan 2022 Ploiesti
Environment Plan 2022 Petosolar
ContourGlobal Greenhouse Gas Methodology 2019
ContourGlobal Greenhouse Gas Methodology 2020
ContourGlobal GHG and Thermal Efficiency Calculation Methodology 2021
ContourGlobal Policy on Social Responsibility and Environmental Sustainability
Our Sustainability commitment
Sustainability has always been at the core of the company’s commitments, as shown by a decade-long membership to the United Nations Global Compact and commitment to disclosing in alignment with the Task Force for Climate-related Financial Disclosures. In the critical phase of the world’s transition to a low-carbon future, effective sustainability risk and opportunities management is essential to maintaining a competitive edge and creating long-lasting value as an Independent Power Producer.
ContourGlobal’s new direction will infuse sustainability across all functions to ensure our growth is accomplished while respecting our ESG commitments and not just seeking compliance.
In addition to the achievement of ContourGlobal’s significant planned milestone of its decarbonization pathway in 2030, we have also established our ambition to achieve Net Zero by 2040, subject to supportive policy environment and technological progress. Our pledge is aligned with the Paris Agreement goals and will include a roadmap with clear targets aiming to reduce our direct greenhouse gas emissions by ~90%, with a commitment to abate residual emissions that cannot be eliminated, by 2040.
