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The report consolidates key financial, operational, social, environmental and governance information, guided by GRI Standards, SASB criteria and the IFRS Foundation Integrated Reporting framework. 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The document provides an integrated overview of how we operate and the results achieved during the period from January 1st to December 31st, 2025.  \nWe prepared this Report in accordance with internationally recognized standards and frameworks. The Global Reporting Initiative (GRI) standards guide the voluntary disclosure of economic, environmental, and social impacts. The Sustainability Accounting Standards Board (SASB), meanwhile, helps highlight sustainability issues that may influence financial performance through specific criteria for different sectors of the economy, including the electricity sector. In addition, we have adopted the Conceptual Framework for Integrated Reporting, developed by the IFRS Foundation, which allows us to connect strategy, governance, performance, and perspectives, highlighting how we generate value in the short, medium, and long term.  \nThe Report also presents the progress of our operations in relation to the Sustainable Development Goals (SDGs) established by the United Nations (UN), reinforcing the contribution of our business to global challenges such as economic development, social inclusion, and the transition to a low-carbon economy.  \nThe information presented in this report was gathered by various internal teams, with the support of specialized consultants. The content is the result of our team’s dedication and joint effort in collecting, consolidating, and analyzing the data. To ensure the reliability and transparency of the information disclosed, the document was submitted for verification by an independent third-party audit. The report was published on March 31st, 2026.  \nEnjoy reading!  \nQuestions or suggestions regarding this publication may be sent to[sustentabilidade@cpfl.com.br](sustentabilidade@cpfl.com.br).  \nAerial view of the CPFL headquarters in Campinas (SP)  \nMateriality  \nGRI 2-14, 2-25, 3-1  \nEvery two years, we review our materiality to ensure it reflects the most current market demands and stakeholder expectations. In the last review process, conducted in 2024, we adopted a dual materiality approach, which evaluates issues from two complementary perspectives. On the one hand, we analyze impact materiality, which co","cbCaittbNQb3RQRo","https://ap.wps.com/l/cbCaittbNQb3RQRo","pdf",16715356,163,"English","# Introduction\n## About This Report\n## Materiality\n# Environmental Management\n## Water Management\n## Biodiversity\n## Energy Efficiency\n## Technology and Innovation\n## Circular Economy\n## Smart Energy\n## Sustainable Procurement\n# Shared Value with Society\n## Organizational Culture\n## Diversity, Equity, and Inclusion\n## People and Safe Operations\n## Customer Relations\n## Social Strategy\n# Governance and Compliance\n## Corporate Governance\n## Compliance\n## Risk Management\n## Internal Audit\n# Appendices","[{\"question\":\"What reporting standards and frameworks guide the Annual Report 2025?\",\"answer\":\"The report follows the Global Reporting Initiative (GRI) Standards for voluntary disclosure, uses SASB criteria to highlight sustainability issues that can affect financial performance, and applies the IFRS Foundation Integrated Reporting Conceptual Framework to connect strategy, governance and performance.\"},{\"question\":\"How is materiality assessed for the report?\",\"answer\":\"CPFL reviews materiality every two years and uses a dual materiality approach. It evaluates impact materiality (positive and negative effects on environment and society) and financial materiality (how ESG factors affect business performance, financial position and prospects).\"},{\"question\":\"How are the disclosed data and information verified?\",\"answer\":\"Information presented in the report is gathered by internal teams with support from specialized consultants. To ensure reliability and transparency, the report is submitted for verification by an independent third-party audit.\"}]","CPFL Annual Report 2025 - Annual report on financial, operational, social, environmental and governance results | PDF",411]