(103-1) At Celsia, we understand that the effects of climate change generate vulnerabilities in our operations. For this reason, we project an increasingly clean and balanced energy matrix, with a high participation of renewable energies. Likewise, we seek to develop innovative, low-carbon products and services, thereby helping to reduce the impacts associated with greenhouse-gas (GHG) emissions and their consequences on ecosystems and the availability of natural resources, which are a priority for our organization.
In accordance with our Environmental Policy, we have established a goal in which we hope to reduce the intensity of greenhouse-gas (GHG) emissions associated with power generation by 25% by 2025 (base year 2015). This implies betting on the diversification of a clean, safe energy matrix that allows us to be efficient and in line with the commitments made for the protection and conservation of natural resources and with the expectations of our Stakeholders.
We started the operation of the Celsia Solar Comayagua Farm, in Honduras, with an installed capacity of 10.6 MW; in this way, we continue increasing non-conventional renewable sources in our energy generation mix.
At the Colón Thermal Complex in Panama, we achieved a 66% decrease in the leakage of SF6 emissions in substations.
We maintained the C Category (Awareness) in the report of the Carbon Disclosure Project (CDP), an international initiative that asks companies to publish information about strategy and performance on climate-change issues. This demonstrates our level of administration, actions and the approach with which we approach the management of climate change. This level requires:
- Achieving efficiencies.
- Obtaining financial savings.
- Carrying out related business opportunities.
We received the Climate Bonds Initiative Certification for the issuance of climate bonds, with which we finance photovoltaic solar projects in Colombia.
We signed a collaboration agreement with Cubico, one of the leading companies in the world in renewable energy projects, which will allow us to go one step further to make our El Espinal, Chicamocha and Valledupar photovoltaic projects a reality in Colombia.
We registered solar farms and photovoltaic roofs in Colombia as projects grouped in the VERRA Carbon Markets Standard; this makes us one of the companies in the country with the most projects backed by its contribution to climate-change mitigation.
We renewed the credit periods of the Clean Development Mechanisms (CDM) projects of the Amaime, Alto and Bajo Tuluá Hydroelectric Plants in Colombia.
Emissions Avoided from the Generation of Renewable Sources, Electric Vehicles and Others
(305-1) (305-2) Next, we present the results of carbon emissions from our direct and indirect operations:
Direct and Indirect GHG Emissions (Ton CO2eq)
For our Scope 1 emissions:
- In Colombia, they decreased by 49% compared to 2018, due to the reduction in the consumption of fossil fuels with which the Zona Franca Thermal Power Plant operated, which was sold in September 2019.
- In Central America, the emissions increased 8%, due to the higher energy generation of the thermal power plant in Colón, Panama.
For our total Scope 2 emissions:
- In Colombia, they increased significantly compared to 2018, due to the acquisition of the Tolima operation.
(305-4) Below we present the Emission-Intensity Indicator, compared to our 2025 target:
Build and put into operation Celsia’s first wind farm in Colombia, located in the Department of Atlántico, with a capacity of 9.9 MW.
Build and put into operation the Acacias II Wind Farm, located in the Department of La Guajira, Colombia.
Build and put into operation the Celsia Solar Espinal Farm in Tolima, with a capacity of 9.9 MW.
Register in Colombia the Acacias II, Camelia, Camelia I and II, and Carreto Wind Farms as projects grouped in the VERRA Carbon Markets standard, which makes us one of the companies in the country with the most projects endorsed for their contribution to mitigate climate change.
Reduce 25% of the intensity of emissions (ton CO2eq/GWh) by 2025, with base year 2015, in all our operations.
Build and put into operation the Camelia, Camelia I and II Wind Farm, located in La Guajira, Colombia.
Achieve the goal established in 2015 of planting 10,000,000 trees.
Build and put into operation the Celsia Solar Chicamocha and Celsia Solar Valledupar Farms, with a capacity of 100 MW each.
Achieve a generation matrix with at least 25% of non-conventional renewable-energy sources.
Awards and Recognitions
Premios y reconocimientos
El Ministerio de Ambiente de Panamá reconoció el liderazgo de Celsia por sus acciones climáticas y por su compromiso en la reducción de las emisiones de gases de efecto invernadero, y por aumentar los esfuerzos para contribuir a la acción climática de Panamá; por esto nos entregó el premio Las 100 Primeras por el Clima. Esta es una iniciativa que fortalece las alianzas público-privadas y es promocionada desde el año pasado con el lanzamiento de la estrategia nacional de cambio climático para el año 2050.
Así mismo, fuimos reconocidos como empresa referente en el libro Estrategia del cambio climático 2050 de MinAmbiente por la instalación del primer proyecto masivo residencial con soluciones solares fotovoltaicas en Panamá, junto a la empresa Provivienda. El complejo habitacional La Hacienda está ubicado en Vacamonte, Panamá Oeste.
They cover direct greenhouse-gas (GHG) emissions that occur from sources that are owned or controlled by the Organization in the following types of activities:
- Electricity generation.
- Heat or steam.
- Physical or chemical processes.
- Transportation of materials, products, waste and employees.
- Fugitive emissions (ISO, 2006).
They cover emissions from the generation of electricity acquired and consumed by the Company, which is purchased or brought within the selected spatial limit (ISO, 2006).
International decontamination mechanism to reduce polluting emissions to the environment. Greenhouse Gas (GHG) emission reductions are measured in tons of CO2 equivalent, and are translated into Certified Emission Reductions (CERs). A CER is equivalent to a ton of CO2 that is no longer emitted into the atmosphere, and can be sold on the carbon market to industrialized countries. An example of the types of projects that can be applied to a certification: generation of renewable energy, improvement of energy efficiency of processes, reforestation, cleaning of lakes and rivers (Kyoto Protocol).
The organization committed to helping reduce emissions, improve livelihoods and protect natural resources in the public and private sectors. It supports climate action and sustainable development with standards, tools, and programs that credibly, transparently, and solidly assess environmental and social impacts, and enable funding to maintain and expand these benefits.