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).
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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.
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