3.4.3.2.2 The Group’s commitment to the France Relance plan
“France Relance” plan
The action provided for in the excell plan will be further strengthened and stepped up under the stimulus package. On 27 November 2020, the French government announced a sector support plan as part of the France Relance recovery plan, with €470 million earmarked for the nuclear industry.
Group key performance indicator
EDF’s performance in respect of its “Development of industries” commitment is assessed on the basis of the rollout rate for EDF-backed support initiatives to promote nuclear industry skills insourcing and maintenance as part of the France Relance programme. These support initiatives include the creation of a fund to assist SMEs and MSEs in the sector, the setting up of a Nuclear Industry University, and funding for re-industrialisation and insourcing projects. The methodology associated with this indicator is described in section 3.6 “Methodology”.
Achievement rate of supporting actions backed by EDF, encouraging relocation and maintaining nuclear industry skills (France Relance Plan)
- 2019
- 2020
- 2021 : 28.6
- Target 2023 : 100
3.4.3.3 Support in the context of redeployment of sites and professions
All employees affected by job cuts are given specific support. They benefit from specific schemes in terms of priority mobility (individual personalised support and financial support), external career plans and pre-retirement paid leave.
3.4.3.3.1 Declining activities and territories
Power plant closures: greater solidarity
| Social dialogue |
EDF continues with social dialogue during the various shutdown phases of power plants. In France, plant closures are the subject of consultations with staff representative bodies (1). Three ‘business-specific’ agreements cover production fleet closures and include dedicated measures to provide recognition and financial assistance. |
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| Redeployment measures |
EDF has committed to implement all means necessary to carry out exemplary closures and enable employees to envisage new career prospects taking their individual aspirations into account. Plant closures are implemented with measures to redeploy employees within the Group and initiatives to develop new local economic activities, to offset the loss of jobs and tax revenues in the affected municipalities. |
| Fessenheim and Le Havre |
Employees from the Fessenheim and Le Havre power plants (which closed in June 2020 and April 2021 respectively) are benefiting from social innovation measures to facilitate their redeployment within the Group’s regional or national entities. As of the end of 2021, 85% of Fessenheim employees and 80% of Le Havre employees had found another job within the Company. |
Instruments to preserve local economic vibrancy: Social Bonds and Ecological Transition Contracts
EDF ensures to develop new local economic activities, to offset the loss of jobs and tax revenues in the affected municipalities.
Innovative use of Social Bonds
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First Social Bond totalling €1.25 billion |
EDF’s first Social Bond issue, totalling €1.25 billion, was made in May 2021. The social purpose of eligible projects is support for SMEs that form part of EDF’s industrial fabric and provide job opportunities in localities where EDF is present. 100% of the funds raised will be used to support investment in areas with high levels of unemployment. For full details, see section 6.8 “Details of the allocation of funds from the EDF Social Bond issue”. |
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(1) See section 3.5.3 “Social dialogue”.