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EDP Energias de Portugal

EDP – Energias de Portugal SA is a publicly listed (23.27% owned by China Three Gorges) energy company headquartered in Portugal. In 2019, its revenue was US$16.08 billion and installed capacity was 26.53 GW. EDP has a presence in 19 countries across four continents, including North and South America. Its low-carbon transition is focused on renewable expansion, customer and network solutions. More commitment needs to be shown to gas phase-out.

Ranking position
#3 /50
Total score
11.8 /20
Narrative Score
Trend Score
  • Trend line is up
  • Trend line is equal
  • Trend line is down
Performance module name Performance module score Rank (0-50)


3.0 /4 #3

Material Investment

2.6 /7 #21

Intangible Investment

0.6 /2 #6


2.8 /4 #7

Policy Engagement

0.8 /1 #3

Business Model

2.0 /2 #1

Leading practices

Risks and opportunities


EDP is awarded a trend score of -. If the company were reassessed in the near future, its score would likely worsen. Although EDP is on track to meet its low-carbon aligned target, its limited performance on emissions reductions between 2013-2018 raise concerns whether this progress will be maintained. The company has planned its coal phase-out, but ongoing gas use to between now and 2033 means that its locked-in emissions exceed its low-carbon budget for absolute emissions. EDP has a comprehensive low-carbon transition plan and profitable low-carbon business models. However, without a clear strategy to phase out its gas assets in Europe, EDP will fall further behind on its low-carbon pathway.

Progress towards the Paris Agreement

See results for

  1. 2021
  2. 2023

More about the company

Lisbon, Portugal
Ownership structure
Publicly listed, with 23.27% owned by China Three Gorges
Group revenue
US$16.08 billion (2019)
Installed capacity
26.53 GW (2019)