Universal Registration Document 2021

3. Non-financial performance

Mapping of EDF's climate governance.

 Governance level 

  • The Board of Directors and its climate referent.
  • The Audit Committee of the Board of Directors
  • The Corporate Responsibility Committee of the Board of Directors
  • The climate referent member of the Excom

 Executive Level 

  • EXCOM
  • The Risk Committee
  • The CSR Strategy Committee
  • The CECEG
  • The Scientific Council
  • The CPRPP
  • The Stakeholder Council

 Operational level 

  • CAP 2030 projects and deployment of the purpose, including the EDF group carbon neutrality project
  • Steering the financial and strategic performance of the Group’s entities
  • Strategy Department
  • The Finance Department
  • The Group Risk Department
  • The Sustainable Development Department
  • The SDC (Sustainable Development Committee)

The Board of Directors

defines strategic, financial and economic guidelines by taking into account EDF’s climate issues. Appointment of a climate point person within the Board.

The EXCOM

Implements the EDF group’s climate strategy. Appointment of a climate point person within the EXCOM.

The Corporate Social Responsibility Strategy Committee

Chaired by the Chairman and CEO of EDF, this EXCOM committee oversees the climate strategy and any other subject related to the Group’s 16 CSR commitments.

The Executive Committee’s Commitments Committee (CECEG)

examines in depth the alignment of the Group’s investment projects with the raison d’être and climate commitments.

The Group Risk Committee

identifies the Group’s priority risks, including climate risk, and shares its strategy for mitigation.

The Scientific Council

informs the strategy by presenting the progress of scientific knowledge.

The Stakeholder Council

raises the expectations of civil society.

The Public Authorities Relations Management Committee (CPRPP)

coordinates actions to convey the Group's positions to the French and European authorities.

The Sustainable Development Committee (SDC)

represents all the Group’s businesses and prepares the issues presented to the CSR Strategy Committee.

CAP 2030 workstreams and deployment of the raison d’être

integration of CSR commitments, including climate, in all Group policies.

Management of the financial and strategic performance of entities

integration into the new CSR policy, and in the framework letters of the entities and subsidiaries.

3.1.3.2 Implementation of Taskforce on Climate-related Financial Disclosures (TCFD) recommendations
3.1.3.2.1 The EDF group and the TCFD
TCFD Supporter

The TCFD (Taskforce on Climate-related Financial Disclosures) is a G20 Financial Stability Board (FSB) working group set up after the 2015 COP 21 conference with a view to improving companies’ financial transparency in climate-related matters. The EDF group was one of the world’s first organisations to support this approach and is officially listed as a “TCFD supporter” (1).

TCFD reporting

The TCFD (2) recommendations set out the climate reporting components that companies are expected to provide in their Universal Registration Documents, in four broad areas: governance, strategy, risk management, and indicators.

Alignment of the EDF group

The EDF group is in line with TCFD recommendations, as detailed in the report “Implementing the Recommendations of the Taskforce on Climate-related Financial Disclosures”, TCFD, June 2017:

(1) fsb-tcfd.org/tcfd-supporters.

(2) Recommendations of the Taskforce on Climate-related Financial Disclosures, TCFD, June 2017.