Comunicação
ESGClimate Report 2022
Message from the Head of ESG and Responsible Investments
Thinking about the climate impacts in Brazil is a very different exercise than in most other countries. We have one of the cleanest energy matrices in the world, our industrial sources are not the largest emitters of greenhouse gases, yet we still rank as one of the largest current and historical contributors to global warming. This uniquely Brazilian contradiction finds its breaking point in the use of land and the destructive conversion of our rich natural landscapes, between the intention of being the first major global economy to achieve climate neutrality and the reality of a sequence of historically record-breaking deforestation and wildfires indicators.
The Brazilian capital market has a clear responsibility for reversing this situation. For this to happen, however, we need to understand the peculiarities of the emissions dynamics of the Brazilian economy and create compatible solutions. In 2022, JGP dedicated itself to building a unique approach in which combating deforestation, both legal and illegal, and the restoration of biomes are our main lines of action in the fight against climate change.