EDP is committed to a low carbon economy, in accordance with the Paris Agreement and the European Union's obligations. EDP has anticipated the transformation of the electricity sector and are today at the forefront of climate transition. EDP is committed to eliminating coal by the end of 2025 and reducing our Scope 1 and 2 emissions by 98%, achieving carbon neutrality in our activities by 2030.
EDP is addressing decarbonization challenge from the generation side through some low-C technologies such as renewables.
EDP believes green finance and green bonds in particular are an important tool to encourage the transition to a low-carbon economy, giving financial backing to existing projects or new ones aimed at bringing about this transition.
You can find below detailed information on the EDP's Green Funding Strategy. Allocation and impact reporting of green proceeds can be found in EDP’s Sustainability Report (link).
The EDP sustainability presentation, green finance framework and Second Party Opinion (“SPO”) (together, the "materials") are intended to provide non-exhaustive, general information. The materials may contain or incorporate by reference public information not separately reviewed, approved or endorsed by EDP and accordingly, no representation, warranty or undertaking, express or implied, is made and no responsibility or liability is accepted by EDP as to the fairness, accuracy, reasonableness or completeness of such information.
The materials may contain statements about future events and expectations that are forward looking statements. None of the future projections, expectations, estimates or prospects described in the materials should be taken as forecasts or promises nor should they be taken as implying any indication, assurance or guarantee that the assumptions on which such future projections, expectations, estimates or prospects have been prepared are correct or exhaustive or, in the case of the assumptions, fully stated in the materials.
The materials and the information contained therein are provided as at March 2022 are subject to change. EDP has and undertakes no obligation to update, modify or amend the materials or the statements contained therein to reflect actual changes in assumptions or changes in factors affecting the materials or the statements contained therein or to otherwise notify any addressee or person accessing the materials if any information, opinion, projection, forecast or estimate therein changes or subsequently becomes inaccurate.
The materials are not intended to be and should not be construed as providing legal or financial advice. The materials do not constitute an offer or invitation to sell, any solicitation of any offer to subscribe for or purchase, or a recommendation regarding any securities. Nothing contained in the materials shall form the basis of any contract or commitment whatsoever and the materials have not been approved by any security regulatory authority.
The distribution of the materials and of the information contained therein may be the subject of legal restrictions in some countries and jurisdictions. Persons who might come into possession of the materials must inquire as to the existence of such restrictions and comply with them.
The materials and information contained therein have not been independently verified.
The addressee is solely liable for any use of the materials or the information contained therein and EDP shall not be held responsible for any damages, direct, indirect or otherwise, arising from the use of the materials by the addressee.