Universal Registration Document 2022

3.1.1.2.1.2 Emissions avoided in electricity production

If this performance is compared with average carbon intensity of power generation in Europe (including France), taking into account direct and indirect emissions of power generation, the EDF group’s electricity generation worldwide in 2022 resulted in 102MtCO₂ avoided.

3.1.1.2.1.3 Focus: Nuclear LCA

Life Cycle Analysis (LCA) of each KWh of nuclear electricity produced in France has been carried out by EDF R&D on the basis of 2019 data ⁽¹⁾. Published in 2022, this complied strictly with ISO 14040 and ISO 14044 standards and was the subject of a critical review by a panel of independent experts.

The LCA evaluates the potential impacts of the nuclear fleet in operation on the environment. The method involves taking an inventory of the material and energy flows during the various life cycle phases of the product, from the extraction of raw materials through to waste management.

The approach uses an exhaustive inventory of the various stages in the production of each KWh by EDF’s nuclear fleet in France, and covers every stage in the life cycle of EDF nuclear KWh:

• the mining and processing of uranium ore;
• conversion, enrichment, and fuel manufacture;
• the production of electricity (including construction, operation, and decommissioning of nuclear power plants);
• spent fuel processing;
• the storage of all VLLW, LLW/ILW, and HLW/ILW-LL radioactive waste ⁽²⁾.

The study fits within an environmental management objective. It aims to provide a better understanding of contributions at each stage of the process, and allows the best possible environmental improvement actions that can be implemented within the value chain to be identified. The study shows that each nuclear KWh from EDF’s fleet in operation on French soil emits 4gCO₂e.

3.1.1.2.2 Climate performance for integrated performance

EDF promotes integrated performance, combining financial and CSR performance. The Company’s value creation is expressed by a combination of financial and CSR indicators.

Emissions to turnover ratio

EDF believes that this indicator accurately reflects integrated performance only if all direct and indirect emissions are taken into account (Scopes 1, 2, and 3). In the space of two years, this ratio has decreased by 57%. In 2022, the figure stood at 837tCO₂e per million euros of turnover.

3.1.1.2.3 Summary of the Group greenhouse gas (GHG) report

The following table presents trends in the Group’s GHG reports between 2020 and 2022.

The following table presents the 3 most significant Scope 3 items:

The EDF group’s detailed GHG report is published on the EDF website Link to webpage: www.edf.fr⁽³⁾

The EDF group’s carbon footprint (all scopes) continued to decrease in 2022 with a reduction of over 9MtCO₂e, a decrease of approximately 7% compared to 2021.

• The decrease in the EDF group’s Scope 1 emissions has been even faster, with a fall of 13% compared to 2021, a reduction of 3MtCO₂e. Therefore, the Group’s initial direct emissions target of 28-30MtCO₂e by 2023 has been met, two years ahead of schedule. Going forward, the Group is considering reviewing its 2030 emissions target.
• The decrease in the EDF group’s indirect emissions (Scope 3) continued in 2022 (down 6% compared to 2021). This fall is due in particular to the emissions reduction strategy implemented by the Group in North America for its gas sale and purchasing businesses, as well as the strategy of withdrawing from coal-fired electricity production implemented by the Group for its non-controlled assets in China (with the end of the Shiheng I&II joint venture with Shandong on 1 January 2022).