Sustainable Development Principles

Energy is one of the major drivers of development of modern societies.

Promoting access to this resource is, in the context of the Millennium Goals, to promote the fight against social exclusion and improvement of safety and quality of life in a very significant portion of the world population.

The proposal for energetic solutions appropriate to the various markets we serve, implies simultaneous response to a set of challenges, including:

  • Market liberalisation in the context of increasingly globalised, competitive and regulated economies;
  • Growing demand for energy worldwide and the consequent need for optimised management of resources and innovation;
  • Higher requirement of the Society, on the social and environmental management of companies in their sphere of influence;
  • Need to reduce the ecological footprint of the activity and cooperation in fighting climate changes and loss of biodiversity on the planet;
  • Need to strengthen the confidence of Stakeholders in different systems of corporate governance.
Values
Sustainable Development Principles
Economic and social value
Eco efficiency and environment
Innovation
Integrity and good governance
Transparency and dialogue
Human capital and diversity
Access to energy
Social development
Economic and social value
Continually creating value for shareholders;
Including environmental and social matters in planning and decision-making processes;
Increasing the efficiency of the use of resources and reduce exposure to risk;
Contributing to improvements in the quality of life of populations.
Contributing to improving competitiveness, particularly by the provision of excellent services and by anticipation of customer needs and expectations;
Eco efficiency and environment
Promoting the use of renewable energy sources and cleaner and more efficient energy technologies;
Actively contributing to the preservation of the environment and biodiversity;
Promoting improvements in energy efficiency in consumption;
Promoting improved environmental management practices in the value chain.
Managing the impacts of activities in the search for a positive environmental balance;
Innovation
Promoting innovation and creativity in the search for new market opportunities and in process improvements;
Promoting collaborative practices at all stages of design, production and delivery of services;
Promoting research, technological development and knowledge management in the field of energy.
Integrity and good governance
Complying with established ethical and moral laws and standards;
Respecting and promoting respect for human rights in our sphere of influence;
Ensuring participatory, competent and honest corporate governance.
Transparency and dialogue
Ensuring an open and trusting relationship with all Stakeholders;
Promoting Stakeholder consultation and communication channels and take account of their contributions and expectations;
Transparent and objective reporting on economic, environmental and social performance.
Human capital and diversity
Promoting integrity, rigour, individual responsibility and teamwork and promoting diversity;
Rejecting abusive and discriminatory practices, guaranteeing equal opportunities;
Promoting the development of the skills of employees and recognizing excellence and merit;
Promoting employee satisfaction and motivation.
Improving the health, safety and welfare of employees;
Access to energy
Promoting reliable, safe and quality access to energy;
Adapting business policies to the social peculiarities of the market;
Ensuring equal access to energy and to energy systems.
Social development
Promoting social innovation, maximizing the positive social impact of business activity;
Supporting social and cultural initiatives, based on transparent criteria for evaluation of the social impact of the resources invested;
Cooperating in the sustainable development of societies.

These Sustainable Development Principles of the EDP Group were approved by the Executive Board in its meeting of 31 May, 2011 and replace those that were in force from 1 March, 2004.

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