FGV holds its first carbon-neutral event
In line with ESG practices, the initiative took place during the Second Ethics, Social Responsibility and Sustainability Forum in Sao Paulo, granting credits for FGV to invest in environmental projects.

Last month, Fundação Getulio Vargas held its first carbon-neutral event. The Second Ethics, Social Responsibility and Sustainability Forum took place at the Sao Paulo School of Business Administration (FGV EAESP) and it obtained certification from “Neutral Event,” the first carbon reduction, quantification and offsetting program for events in Brazil.
This initiative was led by FGV’s Communications and Marketing Division (FGV DICOM), which has been taking a series of measures aimed at sustainability, including carbon offsetting. Given the growing importance of environmental, social and governance (ESG) issues globally, it is vital for FGV to actively participate in these actions and contribute to the widespread adoption of sustainable business practices.
Carbon offsetting aims to strengthen ESG performance. It is the process by which an organization, event or even a country tries to mitigate its carbon emissions. This involves offsetting the amount of CO₂ emitted through actions to remove or prevent greenhouse gas emissions.
How it worked
To carry out this measure, several areas of FGV were called into action, as it was necessary to inform the certification agency of the size of the spaces where the event would be held, the number of generators used in these spaces and their power in kilowatts (kW). It was also important to identify where the attendees were coming from, as this had a direct impact on CO₂ emissions. In addition, the number of staff involved in the event was counted, as well as the number of speakers.
Chosen project

As part of this process, Fundação Getulio Vargas undertook to contribute to the Jacundá Extractive Reserve REDD+ project through its purchased carbon credits. According to Professor Aron Belinky of FGV EAESP, this project was selected to reduce carbon emissions while helping protect an extractive reserve in the Amazon.
“My choice was driven by the fact that this initiative is not only reducing carbon emissions but is also playing a crucial role in protecting an extractive reserve in the Amazon, a region facing significant deforestation pressure. As an extractive reserve, it also has an important cultural and human dimension, as it helps guarantee the way of life of traditional groups, who have been fighting to preserve their traditional practices and livelihood. Congratulations to the FGV DICOM events team for this initiative and thank you for bringing this dimension to FGV EAESP events,” he said.
About the Jacundá Extractive Reserve REDD+ project

This project is focused on investing in improving the quality of life of communities and monitoring forest cover and biodiversity. The extractive reserve is located in a region under great pressure from predatory exploitation of natural resources and suffers from a paucity of basic public services. In this context, this REDD+ project offers residents a pathway to both social development and the conservation of their forest.
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