In Brazil, investors are also giving more importance to ESG criteria and this will change the stock market in the coming years, assesses Mário Mesquita. This movement should happen as investors “reward” companies with high ESG standards and practices. The share of these sectors in the stock market tends to grow, making the stock market more balanced and less concentrated in a carbon-intensive sector.
Source: Valor Investe
The government plans to hold the auction for the transposition of the San Francisco River in July 2021. The winning company will take care of the operation of the reservoirs, pumping stations and 447Km of canals in the Northeast. Investments in the project have already reached R$10.8 billion ($2 bn) and the total value for completion is estimated at R$12 billion ($2.2 bn).
Sustainable consumption is among the top three factors in purchasing decisions for a third of Brazilians. The packaging is the creation of a São Paulo startup that uses for its production a very Brazilian ingredient: Cassava. The factory uses the starch from manioc brava, which is not fit for human consumption, in its production, transforming the starch into a 100% ecological packaging.
The minister of Mines and Energy announced that a new energy plan would be presented in 15 days. According to the minister, a study is being prepared by the crisis group created in the portfolio after the first blackout. According to the minister, it will be possible to draw up a strategic plan for Amapá and other regions with similar characteristics.
Embraer and EDP Brasil announced a partnership for electric aircraft research, with the energy company making a contribution for the acquisition of the technology solution for energy storage and recharging the 100% electric propulsion aircraft. The prototype, an EMB-203 Ipanema, is already under development and has the first flight scheduled for 2021.
Source: Agencia Estado