Community Investment Policy
Community Investment Policy
Objective
The Community Investment Policy establishes the objectives, strategies and guidelines regarding the EDP Group's Community Investment, which is implemented through community-oriented social responsibility programs and projects, including own and collaborative initiatives, donations, and volunteering.
Definitions
Community Investment: financial and non-financial contributions (including in-kind or in the form of volunteering), of a voluntary nature, freely decided by the company, without any legal, regulatory or contractual obligation and granted without direct commercial consideration, which demonstrably contribute to addressing the development priorities of local communities and societies at large. This also includes investments in the innovation of products, services, or business operations, as well as operational expenditures associated with procurement processes, provided that they are intentionally designed to address identified social needs and can demonstrate a clearly defined, measurable and positive social impact.
Strategic Priorities
EDP's Community Investment programmes and projects are structured around the following strategic prirorities:
Clean Energy and Environmental Sustainability – includes projects that support a just and inclusive energy transition through access to clean energy, energy efficiency and energy inclusion, as well as the protection of the environment and biodiversity and climate change mitigation and adaptation.
Culture and Heritage – includes projects that promote access to culture, the appreciation of cultural identities and the preservation of tangible and intangible cultural heritage as drivers of social inclusion, territorial cohesion and the sustainable development of communities, while ensuring respect for the cultural and territorial rights of communities, including the livelihoods and rights of Indigenous Peoples.
Education, Skills and Economic Empowerment – includes projects that promote access to education, skills development and the economic empowerment of individuals and communities, fostering employability, entrepreneurship and social mobility, with a particular focus on the most vulnerable groups.
- Community Well-being and Social Resilience – includes projects that strengthen the well being, social inclusion and resilience of the communities where EDP operates by addressing priority social needs and enhancing their capacity to adapt to situations of vulnerability, risk or emergency. It also encompasses initiatives that support community life and local dynamics, contributing to quality of life, social cohesion and inclusive participation, including activities valued by communities that foster positive coexistence, engagement and a sense of belonging.
See the EDP Group's Community Investment Policy in full: