10 July 2023

REN at the follow-up meeting that gathered the 101 signatory companies of the pact to improve youth employment

REN attended the second follow-up meeting of the "Pacto Mais e Melhores Empregos para os Jovens" [More and Better Jobs for Young People Pact], with the High Patronage of His Excellency the President of the Republic. The Pact aims to bring about a tangible change in the current context of vulnerability surrounding youth employment. The initiative is promoted by the Fundação José Neves and the Portuguese Government, through the Portuguese State Secretariat for Labour.

In addition to discussing the best practices and challenges faced by young individuals and companies, the meeting also provided an overview of the current status and projected impact for 2026.

Following the launch of the Pact on 19 January 2023, this meeting formalised the inclusion of 51 new companies, joining the initial 50 participating companies, of which REN is a part.

The ceremony, held today, 10 July, at the Royal Riding Arena of Belém, was graced by the presence of President Marcelo Rebelo de Sousa, Minister of Labour, Solidarity, and Social Security, Ana Mendes Godinho, Secretary of State for Labour, Miguel Fontes, José Neves, the signatory companies and their young representatives, and associated entities.

Currently, there are 101 Portuguese companies that have signed the Pact, with a total turnover of 78 billion euros and employing approximately 260,000 people. 

Through this partnership, REN is committed, until 2026, to strengthen its investment in various indicators, as outlined by a set of established goals. These include hiring and retaining young workers, ensuring quality employment for youth, providing training, fostering development, and giving a voice to young individuals.

According to Teresa Barreiros, Human Resources manager at REN, "more than just a goal in our human resources management policy, attracting and retaining young talents is a driving force for REN's sustainable development. The ability of the company to reinvent itself and introduce new dynamics of creativity, innovation, agility, and diversity depends on our ability to create challenging jobs for a highly qualified generation whose opportunities are being generated on a global scale".