Latin America Power Holding Bv
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:845.37 tCO2e/year
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:100%
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environmental Responsibility
- Social Development
- Economic Development
- Governance and Compliance
Environmental Achievements
- 50.2% reduction in greenhouse gas emissions in Chile and Peru compared to 2021 (from 1,697.8 tons of CO2e to 845.4 tons of CO2e).
Social Achievements
- Zero lost-time accidents since 2018.
- Implementation of a 40-hour workweek in Chile and Peru.
- Community investment funds totaling US$184,185 in Peru.
- Study scholarships benefiting more than 300 students in Chile since 2014.
- Various community development projects in Chile and Peru (e.g., potato seed improvement project, construction of a multipurpose building).
Governance Achievements
- Recertification of ISO 9001, ISO 14001, and ISO 45001 standards.
- Implementation of a sexual harassment prevention and sanction policy.
Climate Goals & Targets
Long-term Goals:
- Ensure the sustainability of LAP in the mid-to-long term.
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Rise in fuel prices in 2022.
- Delayed hydrological period in Peru in 2022.
- Transmission failures and energy accumulation deficits in Chile.
- Bottlenecks in transmission lines in Chile.
Mitigation Strategies
- Focus on preventive maintenance to maximize asset availability.
- Purchasing energy at reasonable market prices in 2023.
- Developing and submitting environmental management plans early.
Supply Chain Management
Supplier Audits: 100% of national suppliers evaluated with social criteria.
Responsible Procurement
- Encouraging the purchase and hiring of services from local suppliers.
- Promoting supplier development.
- Payment policy of 15 days for critical suppliers.
Climate-Related Risks & Opportunities
Physical Risks
- Extreme drought
Transition Risks
- High fossil fuel prices
Opportunities
- Energy transition
Reporting Standards
Frameworks Used: GRI (Essential option)
Certifications: ISO 9001, ISO 14001, ISO 45001
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- SDG 1
- SDG 2
- SDG 4
- SDG 7
- SDG 8
- SDG 11
- SDG 15
- SDG 16
- SDG 17
The report details how various initiatives contribute to these goals.
Sustainable Products & Innovation
- I-REC certificates
Awards & Recognition
- First place in the Chilean Generators Best Practices Contest (2020)