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4. Corporate Governance
To Copel, Corporate Governance is the management system according to which a company is run and monitored. Good corporate governance practices are based on the principles of transparency, equity, accountability, and responsibility towards all stakeholders, with a view to increasing the Company's value and contributing to its perpetuity.
Accordingly, through Corporate Governance, Copel seeks to:
contribute to the perpetuity of the Company, with a long-term view of the pursuit of economic, social, and environmental sustainability;
improve relations and communications with all stakeholders;
minimize strategic, operational, and financial risks; and
increase the Company's value, making its capital raising strategy viable.
By adopting these principles, Copel transforms its actions in good governance practices that will culminate in a predictability of the Company's results and in an improvement of its relations, through communications with all stakeholders. These practices aim to improve in the incorporation of the Global Compact Principles, especially in Human Rights and Anti-Corruption.
Taking into account that sustainability is based on the triple bottom line, economic, social and environmental, the adoption of these principles guarantees, from the economic point of view, a decrease of strategic, operational, and financial risks, thus increasing the Company's value and allowing resource raising. From the social point of view, it allows the construction of a more equal society. From the environmental point of view, the Company has integrated environmental programs and projects and predicts the costs of its external activities, committing to preserve the environment for future generations.
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