/SUSTAINABILITY DEVELOPMENT
/PRINCIPLES OF SUSTAINABILITY DEVELOPMENT
Principles of sustainable development
We at EDP Renováveis believe that sustainable development is possible and we are committed to guiding our business activity in accordance with the sustainable development principles of the EDP Group.
Creation of Value
- Create shareholder value.
- Increase productivity and efficiency, and reduce exposure to risks related to the economic, environmental and social impact of activities.
- Commit to costumer orientation, ensuring high quality of service.
- Integrate environmental and social aspects in planning and decision-making processes.
Efficient use of resources
- Promote the development of cleaner and more efficient energy technology.
- Develop energy generation means based on renewable sources.
- Promote the rational use of energy.
Environmental protection
- Minimise the environmental impact of all our business activities.
- Participate in initiatives that contribute to the conservation of the environment.
- Extend the use of environmental criteria across the whole value chain.
Integrity
- Guarantee compliance with ethical standards in business operations.
- Respect human rights within the Company’s sphere of influence.
- Draw up specific codes of conduct.
Relations with stakeholders
- Ensure open, transparent and trustworthy relations with the different stakeholder groups.
- Establish stakeholder communication channels and integrate stakeholders’ concerns.
- Report economic, environmental and social performance in a credible and objective manner.
Management of human capital
- Reinforce management systems that guarantee the health, safety and well-being of the workers.
- Promote the development of personal capabilities and reward excellence and merit.
- Fight against abusive and discriminatory practices, stimulate diversity and foster inclusion in all operations and in the value chain.
Foster access to electricity
- Promote reliable and generalised access to electricity.
- Adopt a transparent and socially just price policy.
- Develop production means of appropriate quality, at a cost minimum.
Support social development
- Support social and cultural promotion initiatives, based on transparent criteria of assessment of community relevance.
- Foster the transfer of technology to developing countries.
EDP Renováveis, as a company of the EDP Group, collaborates on the development of EDP’s Sustainability Information System.