EDP - Energias de Portugal SA
- Paris Agreement alignment
EDP integrates its climate objectives into its policy engagement through what it describes as "dedicated structures in each geography that manage the relation with the supervisory bodies of the energy sector", which "ensure the overall alignment of EDP's climate policy engagement activities with the corporate climate strategy". The company underscores that "this position has been stressed in all the fora and trade associations in which the company participates, as well as with all regulatory bodies EDP interacts with", and reports that "in 2022, EDP held several meetings with European and national policy makers within the scope of energy transition, decarbonization and climate change". These disclosures indicate a clear process for aligning both direct interactions with policymakers and contributions to trade association positions, yet EDP does not specify a named executive or governance body tasked with oversight of these activities, nor describe a formal review or audit mechanism to monitor and enforce alignment with its Paris Agreement - aligned goals.
This assessment is part of the Lobbying Governance Index, covering 8,500 companies scored on whether they have processes to oversee their climate lobbying. See all companies in Europe or all companies in Portugal.