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Carbon Disclosure Project CDP 2012 Investor CDP 2012 Information Request LIGHT SA Module: Introduction Page: Introduction 0.1 Introduction Please give a general description and introduction to your organization Light S.A. (Light or the Company) is headquartered in the city of Rio de Janeiro and its main activities are: the exploration, directly or indirectly, of generation, transmission, distribution and commercialization of electric power services, as well as other supplementary services. The major activities are: • Generation: The electric power generation activity, purpose of Light Energia, is based on the management of the hydraulic power of Paraíba do Sul and Ribeirão das Lajes rivers, with power plants located in the states of Rio de Janeiro and São Paulo. The total maximum power of Light Energia’s generator system is 855 MW. This system comprises 5 generating power plants and 2 pumping stations. In addition to these units, Light Energia’s generating system is also composed of other hydraulic structures, such as reservoirs, dams, canals, dike, spillway, tunnels, forced ducts and water intakes. • Distribution: Light SESA, the main activity of which is the distribution of electric power, serves a total area corresponding to 10,970 Km² of the state of Rio de Janeiro, benefiting approximately 10 million people, out of a total of 15 million inhabitants in the state. The Company distributes energy to about 4 million customers, operating in a concession area that comprises 31 cities in the state of Rio de Janeiro. • Commercialization: Light Esco, all quotas of which are held by Light S.A., is a company that commercializes energy and operates in the free market and in the energy alternative/incentive-related sources market, in addition to being an “ESCO” (Energy Services Company), providing energy and infrastructure services, concerned with energy solutions for its customers. Light ESCO was authorized by ANEEL to operate as trading agent through order 823 as of April 25, 2006. Mission To be a major Brazilian Company committed to sustainability, respected and admired for the excellence of the services rendered to its clients and the community, for creating value for its shareholders and for being a good place to work. Values Focus on results; Meritocracy; Courage and perseverance; Ethical Conduct and Solidarity; Good humor Website: www.light.com.br 0.2 Reporting Year Please state the start and end date of the year for which you are reporting data. The current reporting year is the latest/most recent 12-month period for which data is reported. Enter the dates of this year first. We request data for more than one reporting period for some emission accounting questions. Please provide data for the three years prior to the current reporting year if you have not provided this information before, or if this is the first time you have answered a CDP information request. (This does not apply if you have been offered and selected the option of answering the shorter questionnaire). If you are going to provide additional years of data, please give the dates of those reporting periods here. Work backwards from the most recent reporting year. Please enter dates in following format: day(DD)/month(MM)/year(YYYY) (i.e. 31/01/2001). Enter Periods that will be disclosed Sat 01 Jan 2011 - Sat 31 Dec 2011 0.3 Country list configuration Please select the countries for which you will be supplying data. This selection will be carried forward to assist you in completing your response Select country Brazil 0.4 Currency selection Please select the currency in which you would like to submit your response. All financial information contained in the response should be in this currency. BRL(R$) 0.5 Please select if you wish to complete a shorter information request 0.6 Modules As part of the Investor CDP information request, electric utilities, companies with electric utility activities or assets, companies in the automobile or auto component manufacture sectors and companies in the oil and gas industry should complete supplementary questions in addition to the main questionnaire. If you are in these sectors (according to the Global Industry Classification Standard (GICS)), the corresponding sector modules will be marked as default options to your information request. If you want to query your classification, please email [email protected]. If you have not been presented with a sector module that you consider would be appropriate for your company to answer, please select the module below. If you wish to view the questions first, please see https://www.cdproject.net/en-US/Programmes/Pages/More-questionnaires.aspx. Module: Management [Investor] Page: 1. Governance 1.1 Where is the highest level of direct responsibility for climate change within your company? Senior Manager/Officer 1.1a Please identify the position of the individual or name of the committee with this responsibility Climate changes are handled by management and sustainability strategy and management of the environment. 1.2 Do you provide incentives for the management of climate change issues, including the attainment of targets? No Page: 2. Strategy 2.1 Please select the option that best describes your risk management procedures with regard to climate change risks and opportunities Integrated into multi-disciplinary company wide risk management processes 2.1a Please provide further details (see guidance) The risk management process is incorporated into the strategic planning process. The strategic plan considers internal and external factors that may impact the company and any of its businesses. Besides analyzing the context yearly, the plan covers a span of ten years, short term and long term objectives. To reach the directives and action plans, which are designated to every sector and manager, all risks are assessed, including operational, financial, regulatory, generation, human resources, commercial etc. Climate change has an impact in different aspects of an electric services company. Light's generation, at the moment 100% hydroelectric, may be impacted due to the hydrological regime, the distribution can be affected by high demand due to high temperatures and intensive use of equipments. Furthermore, higher consumption coupled with payment incapacity could increase losses and default. Light attempts to participate in all energy contract mechanisms in the short and long terms in order to guarantee complete market supply, including unexpected load elevations. Power supply quality indicators, such as DEC (Equivalent Outage Duration per Consumer) and FEC (Equivalent Outage Frequency per Consumer) worsen as a result of climate change impacts, elevating operating costs due to the deployment of special crisis management systems or the serious damage to electricity grids. In conclusion, to elaborate the strategic plan that is delivered to all leaders and key stakeholders, the risk management process related to climate change is incorporated into the analysis of the sector and the company's position within. 2.2 Is climate change integrated into your business strategy? Yes 2.2a Please describe the process and outcomes (see guidance) The business strategy, as explained in 2.1a, is an outcome of the strategic planning process. Climate change is directly related to several business strategies such as financial, operational, commercial and power generation. Strategic objectives are defined following the opportunity and risk analysis, as listed below: • Leadership in the development and implementation of intelligent networks (Smart Grid) • Alignment of the action of Light with government initiatives in the concession area • Acting with the communities in coordination with public sector and concessionaires • Increasing the relative importance of generation businesses of Light on the overall result, with a focus on renewable energy • Activity in the distributed generation and cogeneration • Identification and improvement of processes and practices with a risk of environmental damage 2.3 Do you engage with policy makers to encourage further action on mitigation and/or adaptation? Yes 2.3a Please explain (i) the engagement process and (ii) actions you are advocating Besides participating in several forums related to sustainability and climate change by responding to various questionnaires, which contribute to policies adopted by the sector, Light also participated in a specific engagement process aimed to reach public authorities. In 2010, Light was a sponsor to the Climate Business Coalition. The coalition promoted in depth studies on climate change and alternatives for mitigation and adaptation by the business sector as well as their interrelationship with the issues of water resources, energy and land use. Also, the companies endorsed a transition to a low carbon economy, seeking to establish appropriate public policies, mainly through a study on the impacts and opportunities of a Brazilian cap-and-trade of greenhouse gas emissions. The outputs include increased interaction between business sector and academia, attempts to influence the Brazilian government to adopt policies aimed at a low carbon economy that does not harm the business environment in the country and crosssectional views within companies, considering energy and water resources issues that have strong strategic component. In 2011, Light was sponsor to guidelines for a Green Economy conducted by FBDS (a non profit organization). FBDS has led a nationwide effort in conjunction with major Brazilian corporations with the purpose of detect barriers and set up guidelines for the transition to a green economy, based on the report Towards a Green Economy (UNEP). The process involved the academy, corporations, and discussions with major stakeholders and produced a set of recommendations to government and corporations. Those relevant to the Rio+20 context were selected and ares now being submitted to the UNCSD2012 to be taken into account for the “zero draft” document. The Conference should be encourage countries to adopt the guidelines in the energy, water resources, transport, solid waste, agriculture, forests, and finance areas when developing their domestic policies. Page: 3. Targets and Initiatives 3.1 Did you have an emissions reduction target that was active (ongoing or reached completion) in the reporting year? Absolute target 3.1a Please provide details of your absolute target % of emissions in scope ID Scope Scope 1 100% % reduction from base year 6% Base year 2010 Base year emissions (metric tonnes CO2e) 18678 Target year Comment 2011 3.1d Please provide details on your progress against this target made in the reporting year % complete (time) ID 100 % complete (emissions) 100 Comment The target could be reached mainly because of the reduction in the use of fossil fuels in 2011 when compared to 2010. 3.2 Does the use of your goods and/or services directly enable GHG emissions to be avoided by a third party? Yes 3.2a Please provide details (see guidance) The company has its generation of electricity based in Hydropower plants, a renewable source of clean energy. We believe that the fact could avoid third parties from using electricity from another source which might emit significant quantities of GHGs. 3.3 Did you have emissions reduction initiatives that were active within the reporting year (this can include those in the planning and/or implementation phases) No 3.3d If you do not have any emissions reduction initiatives, please explain why not We did not have any emissions reduction initiatives. The result was a consequence of the reduction in use of fossil fuels, due to less field activities in 2011 when compared to 2010. Page: 4. Communication 4.1 Have you published information about your company’s response to climate change and GHG emissions performance for this reporting year in other places than in your CDP response? If so, please attach the publication(s) Publication Page/Section Reference Identify the attachment In annual reports (complete) 81 Light Sustainability Report 2011 Attachments www.relatoriolight.com.br Module: Risks and Opportunities [Investor] Page: 2012-Investor-Risks&Opps-ClimateChangeRisks 5.1 Have you identified any climate change risks (current or future) that have potential to generate a substantive change in your business operations, revenue or expenditure? Tick all that apply Risks driven by changes in regulation Risks driven by changes in physical climate parameters 5.1a Please describe your risks driven by changes in regulation ID Risk driver General environmental regulations, including planning Description Potential impact Timeframe The Law 12.187, published in December 2009, establishes a voluntary national obligation to reduce greenhouse gas emissions by 36,1% to 38,9% until 2020, also provides plans with emission limit values for several sectors, including the power sector. Thus, although Increased currently there are not operational Unknown regulatory risks, the cost company has adopted a proactive position, participating in forums that discuss sector targets together with government authorities. In Brazil, electric energy is mostly supplied by renewable sources; still, unrealistic targets could impact the sector's viability. Direct/ Magnitude Likelihood Indirect of impact Direct Likely Lowmedium 5.1b Please describe (i) the potential financial implications of the risk before taking action; (ii) the methods you are using to manage this risk; and (iii) the costs associated with these actions Sector targets could imply financial costs if the company has to adapt any of its processes to meet the targets. In Brazil, electric energy is mostly supplied by renewable sources; still, unrealistic targets could impact the sector's viability. The financial implications, methods adopted and costs associated have not been estimated, because the sector targets have not been published by the government. 5.1c Please describe your risks that are driven by change in physical climate parameters ID Risk driver Change in temperature extremes Description Potential impact Timeframe The company's distribution and generation activities are directly affected by the changes in temperature. In the generation field, climate changes affect the hydrologic regime, which Increased is associated to the operational Current electric energy cost production. In the distribution, physical risks derive from high temperatures and increase in rainfall. The overburdening of the distribution grid and high Direct/ Magnitude Likelihood Indirect of impact Direct More likely Medium than not ID Risk driver Description Potential impact temperatures affecting electrical insulation result in a higher rate of failure in transformers and underground cables, subsequently worsening the supply quality indicators. Higher temperatures also lead to greater use of acclimatization and airconditioning units, which while boosting energy sales can overstretch the electric system. Heavy rainfall, powerful winds and lightning strikes severely impair the electricity distribution system. Power supply Change in quality indicators, such as Increased precipitation DEC (Equivalent Outage operational extremes Duration per Consumer) cost and droughts and FEC (Equivalent Outage Frequency per Consumer) worsen as a result of climate change impacts. Timeframe Direct/ Magnitude Likelihood Indirect of impact Direct More likely Medium than not 5.1d Please describe (i) the potential financial implications of the risk before taking action; (ii) the methods you are using to manage this risk; and (iii) the costs associated with these actions Light takes into account financial risks posed by climate change, especially referring to temperature changes, because they have a direct relationship to electricity consumption and therefore the company’s revenue and profits. The rise in temperatures is reflected in the rise of consumption and tends to increase commercial losses and insolvency, leading to intense loss reduction operations, higher number of inspections and regularizations and efforts from the entire company to maintain safety in the distribution grid. In addition, Light is subject to the risk of fines by the Electric Energy National Agency (ANEEL, in Portuguese) for failing to meet minimal service limits established for the sector. Another financial risk refers to the compensation of accidents and damage to electrical appliances when result of sudden interruptions. The compensation must be in accordance to the regulatory agency legislation. Light attempts to participate in all energy contract mechanisms in the short and long terms in order to guarantee complete market supply, including unexpected load elevations. As a utility service provider committed to the development of its concession area, Light is constantly improving its operations management, seeking to assure all consumers with available and reliable power supply and reduced interruptions. Besides the investments to improve the generation and distribution processes mentioned above, Light relies on a robust commercial and customer service system to satisfy the consumers’ requests and minimize impacts over the company’s operations. Light S.A. Total Investments in 2010: R$ 929 million. Investment breakdown: 83% distribution 10% generation 7% other. 5.1i Please explain why you do not consider your company to be exposed to risks driven by changes in other climate-related developments that have the potential to generate a substantive change in your business operations, revenue or expenditure Relevant factors related to Light's exposure to climate change are included in the sections above. Page: 2012-Investor-Risks&Opps-ClimateChangeOpp 6.1 Have you identified any climate change opportunities (current or future) that have the potential to generate a substantive change in your business operations, revenue or expenditure? Tick all that apply Opportunities driven by changes in regulation Opportunities driven by changes in physical climate parameters Opportunities driven by changes in other climate-related developments 6.1a Please describe your opportunities that are driven by changes in regulation ID Opportunity driver Description The anticipation for sector targets represents an opportunity, because the company reinforces General Climate Change environmental Management as A regulations, a corporate including decision factor, planning emphasizing sustainability actions and allowing innovative emission reduction projects to take place. Although not obligated, since 2009 Light publishes greenhouse gas emissions inventories, (enclosing information subsequent to Voluntary B 2006) abiding to agreements the company’s commitment to reduce its impact on the environment and seeking new opportunities relative to climate change. Potential impact Timeframe Direct/Indirect Likelihood Magnitude of impact Unknown Direct Likely Lowmedium Investment 1-5 years opportunities Direct Likely Medium Increased stock price (market valuation) 6.1b Please describe (i) the potential financial implications of the opportunity; (ii) the methods you are using to manage this opportunity; (iii) the costs associated with these actions A) The potential financial implications would be related to higher acceptance and increased demand of innovative emission projects. At this moment, the sector targets have not been established; however Light is proactive by considering climate change in decision processes. The cost cannot be estimated at this time. B) The potential financial implications of publishing GHG emission inventories are related to investment opportunities emerging from companies that prioritize a low carbon economy. Light has been publishing the inventories voluntarily and constantly trying to increase the precision of the data declared. The costs of these actions are associated to obtaining the numbers internally and acquiring renowned institutions' studies and services. 6.1c Please describe the opportunities that are driven by changes in physical climate parameters ID Opportunity driver Induced changes in natural resources Description Potential impact Timeframe As natural resources become more scarce, Light envisages new technology implementation in the power generation and distribution New divisions, such as products/business 6-10 years distributed services generation, smart grid, electrical vehicles and others as means to provide more efficient and innovative services. Direct/ Magnitude Likelihood Indirect of impact Direct Very likely Mediumhigh 6.1d Please describe (i) the potential financial implications of the opportunity; (ii) the methods you are using to manage this opportunity; (iii) the costs associated with these actions The potential financial implications of the opportunity described implies an increase in the company's stock price, increase in revenues, new services that have lower impact on natural resources, higher energy efficiency and added benefits to the clients including state of the art technology. Several of these projects have been launched and are on going. The costs are associated to research and development, hiring qualified professionals, adapting internal processes among others. In 2011, Light has invested extensively in renewable energy generation. Were more than R$ 390 million investment inwind farms and hydroeletric plants. 6.1e Please describe the opportunities that are driven by changes in other climate-related developments ID Opportunity driver Changing consumer behaviour Description Light also envisages opportunities for its subsidiaries Light ESCO and LightCom. Today these are among the largest Brazilian companies providing infrastructure, energy efficiency projects and Potential impact Timeframe Direct/ Magnitude Likelihood Indirect of impact Increased demand for existing products/services Direct Current Likely Medium ID Opportunity driver Description Potential impact Timeframe Direct/ Magnitude Likelihood Indirect of impact environment friendly solutions. 6.1f Please describe (i) the potential financial implications of the opportunity; (ii) the methods you are using to manage this opportunity; (iii) the costs associated with these actions The potential financial implications of higher demand for Light ESCO and LightCom services entails increase in revenues, broader spectrum of services and clients, increased customer access to efficient and environment-friendly technologies. Light SA has been investing in these business units and, as a result, had record results during the year 2011. In the area of energy trading, the companies sold the equivalent of 1,620 GWh, representing a growth of 35% over the previous year. The context of global economic crisis and the consequent drop in energy demand of large customers have not prevented the company exceed expectations and achieve revenues of approximately $ 190 million just by selling energy. Main Stage of the Brazilian soccer stadiums and a host of 2014 World Cup, Maracanã is also sustainable. Light Esco and EDF (Electricite de France) signed a partnership with the state government to implement the Rio Maracana Solar Project, which seeks to generate energy from the photovoltaic conversion of solar energy into electricity. The project consists of installing photovoltaic panels in an area of 2500 m² on the compression ring, which will support your new coverage made of canvas taut. The Maracanã will then have the capacity to generate 528 MWh per year - about 20% of what it consumes, the equivalent to the annual consumption of 240 households. The project also will prevent the dumping of 2,500 tons of carbon dioxide in the atmosphere. Clean energy starts to be generated in early 2013 and may be sold on the open market to amortize the investment. After the repayment period, the plant will be transferred to the State of Rio, which can consume energy generated on the Maracanã or other facility in the state. The panels can also be placed in other facilities in the complex, as the Maracanazinho of the Julio Delamare Aquatic Park Athletics Stadium and Celio de Barro, and the surroundings, as the State University of Rio de Janeiro (UERJ). Module: GHG Emissions Accounting, Energy and Fuel Use, and Trading [Investor] Page: 7. Emissions Methodology 7.1 Please provide your base year and base year emissions (Scopes 1 and 2) Base year Scope 1 Base year emissions (metric tonnes CO2e) Fri 01 Jan 2010 - Fri 31 18678.63 Dec 2010 Scope 2 Base year emissions (metric tonnes CO2e) 89531.56 7.2 Please give the name of the standard, protocol or methodology you have used to collect activity data and calculate Scope 1 and Scope 2 emissions Please select the published methodologies that you use The Greenhouse Gas Protocol: A Corporate Accounting and Reporting Standard (Revised Edition) Other 7.2a If you have selected "Other", please provide details below 2006 IPCC Guidelines for National GHG Inventories DEFRA. 2010 Guidelines to Defra / DECC’s GHG Conversion Factors for Company Reporting: Methodology Paper for Emission Factors. 2010 7.3 Please give the source for the global warming potentials you have used Gas Reference Gas CO2 CH4 N2O SF6 HFCs Reference IPCC Fourth Assessment Report (AR4 - 100 year) IPCC Fourth Assessment Report (AR4 - 100 year) IPCC Fourth Assessment Report (AR4 - 100 year) IPCC Fourth Assessment Report (AR4 - 100 year) IPCC Fourth Assessment Report (AR4 - 100 year) 7.4 Please give the emissions factors you have applied and their origin; alternatively, please attach an Excel spreadsheet with this data Fuel/Material/Energy Emission Factor Unit Reference Further Information EXCEL SPREADSHEET WITH EMISSIONS FACTORS WAS ATTACHED THIS SPREADSHEET WILL ANSWER QUESTION 7.4 Attachments https://www.cdproject.net/Sites/2012/18/10718/Investor CDP 2012/Shared Documents/Attachments/InvestorCDP2012/7.EmissionsMethodology/EF_LIGHT_2011.xlsx Page: 8. Emissions Data - (1 Jan 2011 - 31 Dec 2011) 8.1 Please select the boundary you are using for your Scope 1 and 2 greenhouse gas inventory Operational control 8.2a Please provide your gross global Scope 1 emissions figure in metric tonnes CO2e 10850.82 8.3a Please provide your gross global Scope 2 emissions figure in metric tonnes CO2e 66865.58 8.4 Are there are any sources (e.g. facilities, specific GHGs, activities, geographies, etc.) of Scope 1 and Scope 2 emissions which are not included in your disclosure? Yes 8.4a Please complete the table Source Scope Forest carbon sink Scope and land-use change 1 emissions Explain why the source is excluded Until present date, there is no consolidated methodology to calculate the carbon content in forests owned by the company. Light is still developing a project to elaborate the inventory of the forested land under its responsibility. 8.5 Please estimate the level of uncertainty of the total gross global Scope 1 and Scope 2 figures that you have supplied and specify the sources of uncertainty in your data gathering, handling, and calculations Scope 1 Scope 2 Scope 1 Scope 1 emissions: Scope 2 emissions: emissions: emissions: Please expand on emissions: Main sources Main sources Uncertainty the uncertainty in Uncertainty of of range your data range uncertainty uncertainty More than 2% but less than or equal to 5% The main source of emissions on scope 1 is fossil fuel combustion from stationary and mobile sources. These categories have uncertainty defined by IPCC emission factors and activity data uncertainty (mainly Assumptions from measurement Metering/ problems). Certain Measurement assumptions about Constraints the efficiency of wastewater treatment also increase the uncertainty in the inventory, but as the participation of this category is relatively small, that problem does not affect the quality of the inventory in 2011. More than 5% but less than or equal to 10% Scope 2 emissions: Please expand on the uncertainty in your data The GHG emission on this scope is calculated by multiplying the energy consumption described in the electricity bill or lost in Transmission and Distribution (T&D) by the EF provided by Brazilian government. The EF has no uncertainty value associated with it. The analysis about uncertainty from the Assumptions metering systems Metering/ used by Brazilian Measurement energy companies Constraints showed that these equipments present +3% error from their measurements. For the electricity lost in T&D, as there was no study about its uncertainty, we assumed as -+10%. After adding the information using IPCC formula, the final uncertainty range was around 10%, as T&D represented the largest component in scope 2 emissions. 8.6 Please indicate the verification/assurance status that applies to your Scope 1 emissions Not verified or assured 8.7 Please indicate the verification/assurance status that applies to your Scope 2 emissions Not verified or assured 8.8 Are carbon dioxide emissions from the combustion of biologically sequestered carbon (i.e. carbon dioxide emissions from burning biomass/biofuels) relevant to your company? No Page: 9. Scope 1 Emissions Breakdown - (1 Jan 2011 - 31 Dec 2011) 9.1 Do you have Scope 1 emissions sources in more than one country or region (if covered by emissions regulation at a regional level)? Yes 9.1a Please complete the table below Country Scope 1 metric tonnes CO2e Brazil 10850.82 9.2 Please indicate which other Scope 1 emissions breakdowns you are able to provide (tick all that apply) By business division By GHG type By activity 9.2a Please break down your total gross global Scope 1 emissions by business division Business Division LIGHT SESA LIGHT ENERGIA LIGHT ESCO Scope 1 metric tonnes CO2e 10458.91 378.25 13.66 9.2c Please break down your total gross global Scope 1 emissions by GHG type GHG type CO2 CH4 N2O SF6 Other: HFC 134a Other: HFC 152a Scope 1 metric tonnes CO2e 3630.61 21.20 57.56 7068.00 72.93 0.52 9.2d Please break down your total gross global Scope 1 emissions by activity Activity STATIONARY COMBUSTION MOBILE COMBUSTION FUGITIVE EMISSIONS WASTE WATER TREATMENT Scope 1 metric tonnes CO2e 1025.30 2680.08 7142.21 3.23 Page: 10. Scope 2 Emissions Breakdown - (1 Jan 2011 - 31 Dec 2011) 10.1 Do you have Scope 2 emissions sources in more than one country or region (if covered by emissions regulation at a regional level)? Yes 10.1a Please complete the table below Country Scope 2 metric tonnes CO2e Brazil 66865.58 10.2 Please indicate which other Scope 2 emissions breakdowns you are able to provide (tick all that apply) By business division By activity 10.2a Please break down your total gross global Scope 2 emissions by business division Business division LIGHT SESA LIGHT ENERGIA LIGHT ESCO Scope 2 metric tonnes CO2e 66355.38 505.14 5.07 10.2c Please break down your total gross global Scope 2 emissions by activity Activity Scope 2 metric tonnes CO2e ELETRICITY CONSUMPTION 1056.91 TRANSMISSION AND DISTRIBUTION 65808.68 Page: 11. Emissions Scope 2 Contractual 11.1 Do you consider that the grid average factors used to report Scope 2 emissions in Question 8.3 reflect the contractual arrangements you have with electricity suppliers? Yes 11.2 Has your organization retired any certificates, e.g. Renewable Energy Certificates, associated with zero or low carbon electricity within the reporting year or has this been done on your behalf? No Page: 12. Energy 12.1 What percentage of your total operational spend in the reporting year was on energy? More than 0% but less than or equal to 5% 12.2 Please state how much fuel, electricity, heat, steam, and cooling in MWh your organization has consumed during the reporting year Energy type MWh Fuel 18583.52 Electricity 2311906.06 Heat Steam Cooling 12.3 Please complete the table by breaking down the total "Fuel" figure entered above by fuel type Fuels Diesel/Gas oil Biodiesels Other: Ethanol - Hydrated Motor gasoline Other: Ethanol - Anhydrous MWh 10764.55 50.74 4094.17 3039.56 634.50 Further Information In Brazil, vehicles uses Diesel B5 (5% biodiesel added) and Gasoline C (20-25% anhydrous ethanol added) in their combustion. Light has already sorted each fuel in its results. Eletricity consumption includes eletricity lost in transmission and distribution (GHG Protocol). Attachments https://www.cdproject.net/Sites/2012/18/10718/Investor CDP 2012/Shared Documents/Attachments/InvestorCDP2012/12.Energy/cdp_energy_light_2011.xlsx Page: 13. Emissions Performance 13.1 How do your absolute emissions (Scope 1 and 2 combined) for the reporting year compare to the previous year? Decreased 13.1a Please complete the table Emissions value (percentage) Reason Other: Lower Carbon Intensity 28.18 in the Brazilian GRID Direction of change Decrease Comment As Light main emissions source (in Scope 1 and 2) is electricity lost in transmission and distribution, its results are very sensitive to changes in the emission factor of Brazilian GRID. Comparing to 2010, this variable decreased in almost 50%. 13.2 Please describe your gross combined Scope 1 and 2 emissions for the reporting year in metric tonnes CO2e per unit currency total revenue Intensity figure 0.0074 Metric numerator metric tonnes CO2e Metric denominator unit total revenue % change from previous year 32.11 Direction of change from previous year Decrease Reason for Change As Light main emissions source (in Scope 1 and 2) is electricity lost in transmission and distribution, its results are very sensitive to changes in the emission factor of Brazilian GRID. Comparing to 2010, this variable decreased in almost 50%. 13.3 Please describe your gross combined Scope 1 and 2 emissions for the reporting year in metric tonnes CO2e per full time equivalent (FTE) employee Intensity figure Metric numerator metric tonnes CO2e Metric denominator % change from Direction of change previous year from previous year FTE Employee Reason for Change This information is not avaiable. 13.4 Please provide an additional intensity (normalized) metric that is appropriate to your business operations Intensity figure 3.115 0.164 Metric numerator metric tonnes CO2e Metric denominator % change from previous year Direction of change from previous year Other: GWh 21.54 Decrease Other: GWh 22.64 Decrease Reason for Change For LIGHT SESA (Electricity Distribution). Light SESA results are very sensitive to changes in the emission factor of Brazilian GRID. Comparing to 2010, this variable decreased in almost 50%. For LIGHT ENERGIA (Electricity Generation and Transmission). Intensity figure Metric numerator Metric denominator % change from previous year Direction of change from previous year Reason for Change LIGHT ENERGIA results are very sensitive to changes in the emission factor of Brazilian GRID. Comparing to 2010, this variable decreased in almost 50%. Page: 14. Emissions Trading 14.1 Do you participate in any emission trading schemes? No, and we do not currently anticipate doing so in the next two years 14.2 Has your company originated any project-based carbon credits or purchased any within the reporting period? No Page: 2012-Investor-Scope 3 Emissions 15.1 Please provide data on sources of Scope 3 emissions that are relevant to your organization metric tonnes CO2e Sources of Scope 3 emissions Waste generated in operations 36621.77 Business travel 523.85 Downstream transportation and distribution 8992.75 If you cannot provide a figure for emissions, please describe them Methodology GHG Protocol Corporate Accounting and Reporting Standards 2006 IPCC Guidelines for National GHG Inventories GHG Protocol Corporate Accounting and Reporting Standards DEFRA. 2010 Guidelines to Defra / DECC’s GHG Conversion Factors for Company Reporting: Methodology Paper for Emission Factors. 2010 GHG Protocol Corporate Accounting and Reporting Standards 2006 IPCC Guidelines for National GHG Inventories 15.2 Please indicate the verification/assurance status that applies to your Scope 3 emissions Not verified or assured 15.3 Are you able to compare your Scope 3 emissions for the reporting year with those for the previous year for any sources? Yes 15.3a Please complete the table Sources of Scope 3 emissions Waste generated in operations Reason for change Other: Improvement of data collection Emissions value (percentage) 244.09 Direction of change Increase Comment Due to improvements in data collection (mainly from plants collected from the water reservoirs), there was an important growth in Sources of Scope 3 emissions Business travel Reason for change Emissions value (percentage) Change in output 23.95 Direction of change Increase Downstream transportation and Change in output 9.87 distribution Decrease Comment this emissions The growth in emissions is due to increases in the number of business travel The decrease in energy consumption in transportation is the responsible for this result Module: Electric utilities Page: 2012-Investor-EU0ReferenceDates EU0.1 Reference dates EU0.1: Please enter the dates for the periods for which you will be providing data. The years given as column headings in subsequent tables correspond to the "year ending" dates selected below. It is requested that you report emissions for: (i) the current reporting year; (ii) one other year of historical data (i.e. before the current reporting year); and, (iii) one year of forecasted data (beyond 2016 if possible). Year ending Date range 2010 Fri 01 Jan 2010 - Fri 31 Dec 2010 2011 Sat 01 Jan 2011 - Sat 31 Dec 2011 Page: 2012-Investor-EU1GlobalTotalsByYear EU1.1 In each column, please give a total figure for all the countries for which you will be providing data for the “year ending” periods that you selected in answer to EU0.1 Year ending Nameplate capacity (MW) 2010 2011 Production (GWh) 5605 5386 Absolute emissions (metric tonnes CO2e) 1188 883 Emission intensity (metric tonnes CO2e/MWh) 0.212 0.164 Further Information All the data provided considered numbers and emissions from Light Energia, which is responsible for the generation. Page: 2012-Investor-EU2IndividualCountryProfiles - Brazil EU2.1 Please select the energy sources/fuels that you use to generate electricity in this country Hydro EU2.1g Hydro Please complete the following table for the "year ending" periods that you selected in answer to EU0.1 Year ending Nameplate capacity (MW) Production (GWh) 2010 5605 Year ending Nameplate capacity (MW) Production (GWh) 2011 5386 EU2.1j Solid biomass Please complete for the "year ending" periods that you selected in answer to EU0.1 Year ending Nameplate capacity (MW) Production (GWh) Absolute emissions (metric tonnes CO2e) Emission intensity(metric tonnes of CO2e/MWh) EU2.1k Total thermal including solid biomass Please complete for the "year ending" periods that you selected in answer to EU0.1 Year ending Nameplate capacity (MW) Production (GWh) Absolute emissions (metric tonnes CO2e) Emission intensity (metric tonnes CO2e/MWh) EU2.1l Total figures for this country Please enter total figures for this country for the "year ending" periods that you selected in answer to EU0.1 Year ending 2010 2011 Nameplate capacity (MW) Production (GWh) 5605 5386 Absolute emissions (metric tonnes in CO2e) 1188 883 Emission intensity (metric tonnes CO2e/MWh) 0.212 0.164 Page: 2012-Investor-EU3RenewableElectricitySourcing EU3.1 In certain countries, e.g. Italy, the UK, the USA, electricity suppliers are required by regulation to incorporate a certain amount of renewable electricity in their energy mix. Is your company subject to such regulatory requirements? No Page: 2012-Investor-EU4RenewableElectricityDevelop EU4.1 Please give the contribution of renewable electricity to your company's EBITDA (Earnings Before Interest, Tax, Depreciation and Amortisation) in the current reporting year in either monetary terms or as a percentage Please give: Monetary figure Renewable electricity's contribution to EBITDA % 100% Comment Light Energia only provides renewable electricity. EU4.2 Please give the projected contribution of renewable electricity to your company's EBITDA at a given point in the future in either monetary terms or as a percentage Please give: Renewable electricity's contribution to EBITDA Monetary figure % 100% Year ending Comment Light Energia only provides renewable electricity. EU4.3 Please give capital expenditure (capex) planned for the development of renewable electricity capacity in monetary terms and as a percentage of total capex planned for power generation in the current capex plan Please give: Capex planned for renewable electricity development Monetary figure % End year of capex plan Comment N/A Module: Sign Off Page: Sign Off Please enter the name of the individual that has signed off (approved) the response and their job title Paulo Mauricio de Albuquerque Senra Manager of Strategy and Sustainability Carbon Disclosure Project