For over 20 years, the EDF group has relied on different external stakeholder councils, at corporate, country and subsidiary level. Several panels of experts from civil society provide Group managers with their view on the major topics of interest to EDF. This isa powerful tool for listening and understanding the environment to which EDF, a pioneer in this field, attaches great importance. The recommendations of these Councils are a source for the Group’s focuses for consideration.
For example, the EDF group’s Sustainable Development Council, which reports to theExecutive Director for Innovation, Corporate Responsibility and Strategy, produced the “stakeholders” focus of the Group’s dual materiality matrix, which was revised in2020. The identification, selection and prioritisation of non-financial issues from the stakeholders’ point of view were directly integrated into the materiality matrix presented in the introduction to this chapter 3. After eight years of operation, this Council, comprising fourteen external personalities representative of the EDF group’s major environmental, social and societal issues, has been replaced by the StakeholderCouncil, whose first working session on 27 January was devoted to the Group’s raison d’être and its link with the CAP 2030 strategy for an integrated CSR policy. The subjects considered by this multidisciplinary, joint and voluntary Council include solutions based on the nature of the duty of care.
In a similar manner, the recommendations of the stakeholder panels coordinated by EDF are taken into account:
Along similar lines, Edison set up an intergenerational listening and exchange network bringing together older members of staff and young people from the Millennial and Z generations. The workshops held in 2020 generated proposals about Edison’s contribution to the UN’s Sustainable Development Goals.
In a similar manner, in December, Nam Theun 2 worked with 200 young people inLaos to encourage the adoption of these Goals, with the aim of identifying concrete projects that can be transposed to local communities;
Following a broad internal and external consultation, the review of the Corporate Responsibility Objectives in 2020 led the Group to increase the transparency of the CSR structure by focusing it on four key issues derived from its raison d’être:
These four key issues are further broken down into sixteen commitments (four per key issue), which are linked to the Group’s materiality matrix(2) and which cover all major issues of the Group’s CSR policy. They are in line with the previous Corporate Responsibility Objectives (CROs)(3), which they extend, supplement and clarify. For example, they make more explicit EDF’s commitment to human rights, relations with local areas and digital development.
Ambitious carbon trajectory
Carbon offset solutions
Adapting to climate change
Developping electricity use and energy services
Biodiversity
Responsible land management
Integrated and sustainable water management
Health and safety of all
Ethics, compliance and human rights
Equality, diversity and inclusion
Energy poverty and social innovation
Dialogue and consultation with stakeholders
Responsible development of local areas
Development of industrial sectors
Responsible digital development
(1) European Union Framework Programme for Research and Innovation for the 2021-2027 period.
(2) See “Issues and commitment, EDF group’s materiality matrix”, chapter 3, introduction.
(3) Adopted in 2016.