1. The Group, its strategy and activities
Business modelCustomer proximity
- 32.7 million customers in electricity and 5.3 million customers in gas(1)
- Leading brands: EDF, Edison, Luminus, Dalkia
- 73 million visits on digital consumption monitoring platforms(2)
A human ambition
- 165,200 employees (3)
- 71% of employees took part in a skills development initiative during the year(3)
An ambitious innovative ecosystem
- EDF Pulse Croissance, a structure dedicated to incubation and support for start-ups
- Nearly 2,700 R&D employees (4)
- R&D consolidated budget of €685 M in 2020
- 716 patented innovations at the end of 2020 by the Group’s R&D
Major industrial assets
- 120.5 GW of electricity generation capacity (5)
- An integrated nuclear industry
- EPR technology
- A 60 GW portfolio of wind and solar projects(6)
- 1.4 million km of distribution network (7)
- 32 million smart meters installed (3)
- 330 heating and cooling networks operated by Dalkia
A solid financial base
- Total consolidated balance sheet: ~ €300 bn
- No. 1 investor among European utilities (€16.5 bn in 2020)
A strong CSR commitment
- A rating
Climate Change
- No. 3
- €12.5 bn of green & sustainable funding
(1) Consolidated scope. Counted per site.
2) EDF SA scope excluding French overseas departments and Corsica.
(3) Group scope.
(4) FTEs (full-time equivalent) at Group level.
(5) Consolidated data at Group scope.
(6) Group scope. Pipeline excluding capacity under construction. All the projects in prospection phase included in the pipeline, starting 2020.
(7) Enedis distribution network under concession.
Business model
The raison d’être of EDF
To build a net zero energy future with electricity and innovative solutions and services, to help save the planet and drive wellbeing and economic development.
Three strategic axes to decarbonise our societies in France, in Europe and in the world:
A creator of services and solutions to support customers and territories in the shift towards carbon neutrality
- 15 MtCO2 AVOIDED EMISSIONS(1)
- €10 bn revenue IN SERVICES(3)
- >1.5 CONTRACTS /CUSTOMERS (2)
A global leader in the generation of CO2 -neutral electricity
- DECREASE OF 50% CO2 eq DIRECT EMISSIONS vs. 2017
- 60 GW NET>x2 NEW RENEWABLES CAPACITIES (INCL. HYDRO)vs. 2015
- INITIATING NEW EPRs & 1 SMR
An international key player in the energy transition
- EXIT COAL
- 1.5-2 GW NET HYDRO INSTALLED CAPACITY(4)
- 1 MILLION OFF GRID KITS
Supported by a new impulse of transformation, innovation, human ambition and new Corporate Social Responsibility commitments and the implementation of 4 plans:
Scope:
(1) Customers, Services & Territories sector’s activities. EDF estimate, including CO2 savings linked mainly to heating and cooling networks, the development of the electric vehicle and energy saving certificates.
(2) EDF estimate: France, UK , Italy and Belgium (Residential).
(3) Group.
(4) Excluding priority countries in Europe (France, Italy, UK and Belgium).