Energy Trading Company
In addition to business related to the finance sector, Banco ABC Brasil has been active in the energy trading sector since 2020. In May 2021, the energy trading controlled by Banco ABC Brasil received the “Energia Verde” Stamp, a green energy badge of the Bioelectricity Certification Program, which was created by the Brazilian Sugarcane Industry Association (UNICA) in partnership with the Chamber of Electric Energy Commercialization (CCEE) and the Brazilian Energy Traders Association (Abraceel).
The program aims to encourage and expand the participation of renewable sources derived from the production of sugar and ethanol in the Brazilian energy matrix, being the “Energia Verde” Stamp applicable to award producers, traders, and consumers.
In the case of energy traders, those that acquire renewable energy from producers with a bioelectricity certificate are eligible for the program, being the participation also conditioned to full compliance with the guidelines and fulfillment of the established criteria.