EDP and its subsidiaries perform activities with the aim to make known its positions in order to raise the awareness of the policy makers and legislators about the interests of the Company and/or Business Sector. This activity includes either the participation in the main Sector/Industry associations, European and international, or the direct or indirect participation of the Company employees appointed/designated for that purpose, and also in what concerns EDP Group activity in the USA, through its subsidiary EDP Renewables, the awareness of people and specialized institutions.
The approach to the institutions (national, European or international) is supported in principles laid down in the Company internal regulations and, in particular, in the principles of integrity and transparency expressed in its Code of Ethics.
This interaction with these institutions allows expression of the positioning of the Company's interests and/or business sector in the drafting of policies and legislation and to make available the knowledge about the relevant aspects of the energy business and the entire sector.
In Europe, this activity is monitored by means of a voluntary registration on a platform created for that purpose by the European Comission - "Transparency Register".
EDP is registered since the creation of this platform in 2011.
In the following table we present the values (k€) concerning the activities of representation of interests of the EDP Group between 2016 and 2019:
(*) The costs with the representation of interest refer to the activity of EDP Group in the USA, through its subsidiary EDP Renewables North America.
In 2019, the most supported representation of interest topics referred to the regulatory environment in Spain and Portugal and to the reform of the Clean Energy Package in the European Union.
The table below contains the most relevant representation of interests organizations for 2019:
Although some of the legal regimes in countries where the EDP Group operates permit it, none of the Group companies made monetary or in-kind contributions to any political party. The absence of such contributions by Group companies is consistent with the internal values enshrined in the EDP Group’s Code of Ethics, under which “employees undertake not to make, on behalf of the company, monetary or other contributions to political parties”. For its part, “EDP undertakes, where this is permitted by law, to allow the creation of properly regulated mechanisms for employee participation in political processes, which may include monetary contributions on a voluntary and personal basis”.