Translations

The EDF Group’s Corporate Responsibility Commitments

1. Organizational Governance

Strategy and organization

Sector Energy / Water

Year 2013

Country France

Transmitter

Context

Because the electricity it generates transforms people’s lives and also alters their environment, EDF has developed a dialogue with its stakeholders who expect more transparent information about installation performance and safety, efforts to curb climate change, fuel poverty, renewable energy and energy efficiency, job creation for territorial competitiveness, and zero tolerance on fraud and corruption.

The EDF Group produces and sells to over 39 million customers worldwide a commodity in a class of its own: electricity, which has an essential role to play in powering human development and economic growth. EDF respects fundamental rights and values in every community it serves.

Objectives

Marshal companies and subsidiaries around shared commitments while embracing cultural diversity, distinct economic situations, specific business-line concerns, and stakeholder expectations
Enhance overall performance by factoring in CSR

APPROACH

The EDF Group’s CSR initiative began within the framework of the EDF’s strategic project, its values and its Code of Ethics. The lack of visibility back in 2010 prompted the Group to initiate the integration of CSR, which involved taking stock of initiatives and sharing the various associated concepts. In 2011, a task force comprising people inside and outside the company compiled a list of indicators used by the Group and issued a set of recommendations to streamline these mechanisms. Consultation with internal and external stakeholders via working groups and the Sustainable Development Panel completed this phase. In 2013, we consolidated commitments at the Group’s General Meeting. These commitments are built on indicators (metrics and monitoring) spanning three pillars: a responsible industrial firm, responsible employer and responsible partner. Our Corporate Responsibility (CR) commitments are not all-encompassing and do not replace Group policy: they rather highlight a few specific issues and need to be: - Transposable and applicable for Group companies and operations - Tangible enough to be controlled every year by teams in the company (e.g. through audits) and outside it (e.g. chartered accountants) - Mirror the key Corporate Responsibility challenges and answer our stakeholders’ questions - Based, as much as possible, on established international benchmarks We have established 11 commitments, and 13 cross-functional indicators to measure them, and the EDF Group’s chartered accountants verify them.

CONTRIBUTION TO COMPANY PERFORMANCE

The 11 commitments:

Gather people throughout the Group, because they are cross-functional, succinct, and based on input from every subsidiary and department of the Group
Rally teams and enhance performance
Improve clarity for mainstream and Socially Responsible Investment analysts

Benefits

These 11 commitments enable to:

Measure environmental, social and governance benefits on the 13 indicators, which the Group’s chartered accountants will verify
Assess the disclosure of the Group’s activities, and set countable and measurable targets