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Energias de Portugal (EDP) is a publicly listed company headquartered in Portugal. EDP produces, manages, distributes and markets energy. It is the largest energy producer and distributor in Portugal and has operations accross Europe, South America, the US and Africa. EDP has around 12 million customer connections.
Summary
EDP reports on numerous sustainability topics but has potential to strengthen its performance in many areas. The company has assigned accountability for sustainability at board level and discloses targets to reduce energy consumption and greenhouse gas (GHG) emissions. It should expand its list of targets to include all material topics and ensure that its board members have the relevant expertise to manage sustainability beyond climate issues.
EDP showcases its efforts towards a just transition. It discloses the potential impacts of coal shutdown on workers and local communities and forecasts job creation and upskilling needs for the coming years. It has established a social programme for redeployment and training programmes that focus on artificial intelligence, advanced analytics, cloud computing, and digital transformation.
EDP reports regularly on energy efficiency and GHG emissions and has set reduction targets aligned with the 1.5°C trajectory. The company discloses its approach to monitoring and mitigating water withdrawal and can disclose similar processes to mitigate other environmental impacts. EDP shows clear commitments towards anti-corruption, responsible taxation, and worker health and safety, but can improve its disclosure on labour rights, including living wages and working hours.
Ranking position
#19
/300
Total score
28.1
/100
Measurement area
Score
Rank (0-300)
Measurement area
Governance & Strategy
Score
# 1
28.3
/100
Rank (0-300)
#20
Measurement area
Inclusive Cities
Score
# 1
38.3
/100
Rank (0-300)
#26
Measurement area
Healthy Cities
Score
# 1
15.8
/100
Rank (0-300)
#38
Measurement area
Climate Proof & Resilient Cities
Score
# 1
30.0
/100
Rank (0-300)
#14
Measurement area
Core Social Indicators
Score
# 1
27.8
/100
Rank (0-300)
#64
Industries
Industries
Energy distribution
#8
More about the company
Headquarters
Portugal
Ownership structure
Public
Revenue
USD 21,738 billion (2022)
Number of employees
13211 (2022)
Website
https://www.edp.com
63716
