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Reports

Impact on Communities

Annually, EDP supports more than 300 projects in communities around the world, with an investment of over €30M. Part of this investment corresponds to projects whose scope of action contributes to the UN Sustainable Development Goals (SDGs). On the other hand, EDP uses the international methodology B4SI - Business for Societal Impact - to evaluate its voluntary investment in the community, which represents the largest part of the investment in this area. Learn more about how EDP contributes to SDGs and reports according to B4SI.

Our commitment to the SDGs

Our line of work is aligned with the Sustainable Development Goals (SDG), designed by the United Nations, in 2015, that establishes priorities and aspirations within the global sustainable development for 2030, which aim to move global efforts around a set of common objectives and targets.

In addition to the contribution through its operations/business, the EDP group also voluntarily contributes to the SDGs through its social investment programs, prioritizing the objectives 5, 7, 8, 9, 11, 12, 13, 15 and 17. Today we are changing tomorrow.

Our impact is measured a different way

EDP reports on its contribution to the SDGs not only in terms of the SDGs objectives and targets, but also in terms of the indicators established by the United Nations. To do this, EDP uses the following method:

A project is considered to contribute to a given SDG indicator if it has an immediate impact on the indicator's result (direct effect), changes the context determining the indicator's result (leverage effect) or promotes knowledge/awareness on a certain topic that influences the indicator's result (indirect effect);
In order to apply them at the scale of social investment projects/initiatives, we have converted the definition of SDG indicators where necessary using the following equivalences:
- GDP to GVA
- Legislation to company standard
- Population to local communities/employees/customers
- Developing countries is extended to developing regions/areas.

15 M€

In 2022, EDP contributed to the SDGs with an investment of 15 M€ in social responsibility programs worldwide.

48%

In 2022, investment in social responsibility programs associated with SDGs represented 48% of total contributions.

2.7%

Contributions to this SDG include educational projects aimed at the youngest, where varied themes are addressed within sustainability that give them skills for the future.

0.4%

Includes projects aimed at increasing the skills of women to promote their employability and professional development as well as support for women in situations of vulnerability, contributing to their social inclusion.

4.6%

EDP supports projects for access to energy in countries with communities that have low electricity grid coverage and projects aimed at increasing energy efficiency and promoting secure community access to energy

6.9%

Includes projects aimed at developing skills and fostering entrepreneurship in communities in EDP’s area of influence, thereby increasing the employability of people belonging to the most disadvantaged population groups.

1.9%

Contributions to this SDG include projects aimed at promoting the adoption of clean and environmentally sound technologies, such as electric mobility projects.

5.6%

Development of projects aimed at supporting the most disadvantaged groups in communities, ensuring greater proximity to people, promoting their dignity and social inclusion.

22.2%

Contributions to this SDG include projects aimed at protecting the natural and cultural heritage of communities, projects related to improving housing conditions for vulnerable families and responses to emergency situations.

0.6%

Contributions to this SDG include projects that aim to promote the adoption of a circular economy and educational activities on better waste management, contributing to environmental preservation.

1.2%

Projects that promote awareness of the consequences of climate change, and the need to adopt mitigation and adaptation measures that protect people, biodiversity and infrastructure.

1.0%

Awareness raising/educational projects, applied research and recovery and enhancement of species and ecosystems.

0.8%

Projects that help to promote knowledge and the establishment of partnerships in the field of sustainability.

Measuring our investment in the community - B4SI

EDP has adopted the Business for Societal Impact (B4SI) international methodology to characterize and assess its voluntary investment and impact on the communities. This model promotes the alignment between our own purpose and social needs, facilitating the definition of priorities, decision-making, and the analysis of the results and benefits generated for the communities.

31.2 M€

In 2022, from the perspective of B4SI, voluntary investment in the communities of the EDP Group amounted to 31.2 M€.

94%

94% of this investment was classified as strategic and benefited the projects of 634 entities

28%

Support for projects that promote access to art and culture, and the preservation of cultural heritage.

12%

Support for projects that contribute to the development of skills and access to education for disadvantaged people.

Priority to energy access projects for communities disconnected from the electricity grid, support for entrepreneurship and job creation.

Support for projects whose objective is to alleviate the consequences of emergency situations and improve the means available to emergency response teams.