The approach to relations with national and international institutions is carried out following legal requirements and in line with the principles of action established in the Code of Ethics, Integrity Policy and other internal provisions of the Company governing its relations with Stakeholders, to promote Transparency and Integrity in all the markets where EDP operates.

The EDP Group has an Interest Representation Policy, where all external activity is defined, its Governance stated and its transparency outlined. EDP’s responsible political involvement is clear: it is prohibited to finance local, regional or national political campaigns/candidates, as none of the Group companies makes monetary contributions or contributions in kind to political parties, candidates, campaigns, political candidacy structures or related persons or entities. 

Notwithstanding this exclusion, the specific situation of EDP Renewables North America (EDPR NA) must be considered as, under the applicable laws and regulations, this subsidiary adopts mechanisms for the participation of its employees in political processes, having established a policy action committee (PAC) called "EDPR NA PAC". The EDPR NA PAC is fully funded by voluntary personal monetary contributions made by members of the PAC, which, following the applicable laws and regulations, is constituted by employees. Within this framework, decisions on political campaigns to be supported are approved by the PAC's Board of Directors, whose members are elected under the terms of applicable legislation and regulations. 

EDP Group companies do not make any financial contributions to these funds and do not influence how these funds are allocated.

Nevertheless, covering important issues that affect EDP’s activities and/or Stakeholders, EDP participates in the processes of forming public decisions, and developing interactions with various institutions at national and international levels, intending to make known to the competent entities the legitimate interests of the Company and/or the sector, which EDP believes should be considered within the scope of the aforementioned processes of forming decisions. 
 

Interests Representation includes the following activities:

  • Lobbying activity: Lobbying is a legal and regulated activity in some markets in which EDP is present, notably in the United States of America and with the European Union Institutions. As such, and considering only and exclusively these markets, lobbying is the activity developed by the In-house Lobbyists and Lobbyists, as defined in this Policy.
  • Business and trade associations or tax-exempt groups representing collective interests: This subgroup comprises business and trade associations or tax-exempt groups for the public construction of the processes of forming decisions (in particular, legislative and similar processes with an impact on the business) or sharing of knowledge (in thematic working groups), where EDP, or any of the companies to which the Policy applies, is a member.
  • Others representing collective interests: This category comprises other Interest Groups not included in points a) and b) above that contribute in encouraging companies to develop activities envisaged in the scope of this Policy in the Stakeholder engagement process.
Interest Representation Policy
Arranha céus
TYPE OF ACTIVITY OF REPRESENTATION OF INTEREST
2019
2020
2021
2022
TYPE OF ACTIVITY OF REPRESENTATION OF INTEREST
Awareness of specialized individuals/institutions
2019
996
2020
937
2021
549
2022
377
TYPE OF ACTIVITY OF REPRESENTATION OF INTEREST
Sectoral/Industrial Associations
2019
2,846
2020
2,924
2021
4,259
2022
5,485
TYPE OF ACTIVITY OF REPRESENTATION OF INTEREST
Other *
2019
765
2020
378
2021
92
2022
497
TYPE OF ACTIVITY OF REPRESENTATION OF INTEREST
Total
2019
4,607
2020
4,239
2021
4,900
2022
6,359
Notes:

* concerns other occasional representation of interests' activities not included in the main types mentioned above.

The table below includes the most significant types of representation of interests' activities in 2022.

Organization name
Category
EDP Contribution (€)
Relevant work on Climate positioning
AELEC (ex-UNESA) -Associación Española de la Industria Eléctrica
Sectorial/Industrial Trade associations or tax-exempt groups
1,466,604.84
Yes
Organization nameWEF - World Economic Forum
CategorySectorial/Industrial Trade associations or tax-exempt groups
EDP Contribution (€) 352,343.98
Relevant work on Climate positioning Yes
Organization nameELECPOR - Associação portuguesa das empresas do sector eléctrico
CategorySectorial/Industrial Trade associations or tax-exempt groups
EDP Contribution (€) 264,400.00
Relevant work on Climate positioning Yes
Organization nameABRADEE - Associação Brasileira de Distribuidores de Energia Elétrica
CategorySectorial/Industrial Trade associations or tax-exempt groups
EDP Contribution (€) 225,215.25
Relevant work on Climate positioning No
Organization nameSolar Energy Industry Association
CategorySectorial/Industrial Trade associations or tax-exempt groups
EDP Contribution (€) 180,428.45
Relevant work on Climate positioning No
Organization nameWBCSD - WORLD BUSINESS COUNCIL FOR
CategorySectorial/Industrial Trade associations or tax-exempt groups
EDP Contribution (€) 144,600.55
Relevant work on Climate positioning No
Organization nameSchneider Electric NEO Network (New Energy Opportunity)
CategorySectorial/Industrial Trade associations or tax-exempt groups
EDP Contribution (€) 122,539.41
Relevant work on Climate positioning No
Organization nameCIP - CONFEDERACAO EMPRESARIAL PORTUGUESA
CategorySectorial/Industrial Trade associations or tax-exempt groups
EDP Contribution (€) 100,584.00
Relevant work on Climate positioning No
Organization nameAmerican Clean Power Association
CategorySectorial/Industrial Trade associations or tax-exempt groups
EDP Contribution (€) 94,962.34
Relevant work on Climate positioning Yes
Organization nameAmerican Energy Action
CategorySectorial/Industrial Trade associations or tax-exempt groups
EDP Contribution (€) 94,962.34
Relevant work on Climate positioning No

Other representations of interest that develop relevant work on climate positioning

Organization name
Category
EDP Contribution (€)
Relevant work on Climate positioning
APREN - Associação Portuguesa de Energias renovaveis
Sectorial/Industrial Trade associations or tax-exempt groups
€ 79 200,00
Yes
Organization name Wind Europe
Category Sectorial/Industrial Trade associations or tax-exempt groups
EDP Contribution (€) € 69 200,01
Relevant work on Climate positioning Yes
Organization name GWEC - Global Wind Energy Council
Category Sectorial/Industrial Trade associations or tax-exempt groups
EDP Contribution (€) € 50 000,00
Relevant work on Climate positioning Yes
Organization name EURELECTRIC
Category Sectorial/Industrial Trade associations or tax-exempt groups
EDP Contribution (€) € 42 000,00
Relevant work on Climate positioning Yes
Organization name AEE
Category Sectorial/Industrial Trade associations or tax-exempt groups
EDP Contribution (€) € 38 436,00
Relevant work on Climate positioning Yes
Organization name MAREC (Mid Atlantic Renewable Energy Coalition Action)
Category Awareness of specialized individuals/institutions. Interest representation or similar
EDP Contribution (€) € 28 488,70
Relevant work on Climate positioning Yes
Organization name RWEA (AREE)
Category Awareness of specialized individuals/institutions. Interest representation or similar
EDP Contribution (€) € 20 047,81
Relevant work on Climate positioning Yes
Organization name ABEEOLICA
Category Sectorial/Industrial Trade associations or tax-exempt groups
EDP Contribution (€) € 19 141,34
Relevant work on Climate positioning Yes
Organization name PSEW
Category Awareness of specialized individuals/institutions. Interest representation or similar
EDP Contribution (€) € 6 127,98
Relevant work on Climate positioning Yes
Organization name BCSD Business Council for Sustainable Development Portugal
Category Sectorial/Industrial Trade associations or tax-exempt groups
EDP Contribution (€) € 4 000,00
Relevant work on Climate positioning Yes