Annually, EDP supports more than 300 projects in communities around the world, with an investment of over €30M. Find out below the impact of saying YES.
Our Social Investment Policy
The EDP Group's Social Investment Policy establishes the objectives, corporate strategies and regulations regarding EDP's Social Investment, which is expressed in social responsibility programs and projects in the community through own and collaborative initiatives, donations, and volunteering.
Our Volunteering Policy
The EDP Group's Volunteering Policy establishes EDP's vision and commitments regarding corporate volunteering, defining the principles of action in the different geographies where it is present and regulating the duties and rights of Volunteer employees, as well as the responsibilities of the management team.
Our commitment to the SDGs
Our line of work is aligned with the Sustainable Development Goals (SDG), designed by the United Nations, in 2015, that establishes priorities and aspirations within the global sustainable development for 2030, which aim to move global efforts around a set of common objectives and targets. In addition to the contribution through its operations/business, the EDP group also voluntarily contributes to the SDGs through its social investment programs, prioritizing the objectives 5, 7, 8, 9, 11, 12, 13, 15 and 17. Today we are changing tomorrow.
Impact on communities
Annually, EDP supports more than 300 projects in communities around the world, with an investment of over €30M. Part of this investment corresponds to projects whose scope of action contributes to the UN Sustainable Development Goals (SDGs). On the other hand, EDP uses the international methodology B4SI - Business for Societal Impact - to evaluate its voluntary investment in the community, which represents the largest part of the investment in this area. Learn more about how EDP contributes to SDGs and reports according to B4SI.
EDP reports on its contribution to the SDGs not only in terms of the SDGs objectives and targets, but also in terms of the indicators established by the United Nations. To do this, EDP uses the following method:
A project is considered to contribute to a given SDG indicator if it has an immediate impact on the indicator's result (direct effect), changes the context determining the indicator's result (leverage effect) or promotes knowledge/awareness on a certain topic that influences the indicator's result (indirect effect);
In order to apply them at the scale of social investment projects/initiatives, we have converted the definition of SDG indicators where necessary using the following equivalences:
- GDP to GVA
- Legislation to company standard
- Population to local communities/employees/customers
- Developing countries is extended to developing regions/areas.
EDP has adopted the Business for Societal Impact (B4SI) international methodology to characterize and assess its voluntary investment and impact on the communities. This model promotes the alignment between our own purpose and social needs, facilitating the definition of priorities, decision-making, and the analysis of the results and benefits generated for the communities.
