EDP - Energias de Portugal SA

Lobbying Transparency and Governance

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Direct Lobbying Transparency
Overall Assessment Comment Score
Comprehensive EDP - Energias de Portugal SA has demonstrated a comprehensive level of transparency in disclosing its climate lobbying activities. The company has explicitly named a wide range of specific climate policies it has engaged with, including the "EU Green Deal," the "Fit for 55 package," the "REPowerEU Plan," and various legislative components such as the "revision of the EU ETS," "Effort Sharing Regulation (ESR)," "Renewable Energy Directive (REDII)," "Energy Efficiency Directive (EED)," "Energy Taxation Directive (ETD)," "Alternative Fuels Infrastructure Regulation (AFIR)," "CO2 standards for cars and vans," and the "Gas Package." This level of detail reflects a high degree of transparency in identifying the policies involved. The company has also provided detailed accounts of its lobbying mechanisms, including "meetings with European and national policymakers," participation in "public consultations," and engagement through trade associations like Eurelectric. It has identified specific targets of its lobbying efforts, such as "European institutions," "European associations," and "MEPs," ensuring clarity in its approach. Furthermore, EDP has been transparent about the specific policy outcomes it seeks, such as advocating for "a stable upward long-term trend" in the EU ETS to drive emissions reduction, supporting "a renewable target of at least 32%" under REDII, and calling for "a more ambitious rollout of charging points" under AFID. These detailed and measurable goals demonstrate the company's commitment to aligning its lobbying efforts with clear and actionable climate objectives. 4
Lobbying Governance
Overall Assessment Comment Score
Strong EDP has disclosed a defined governance process to ensure alignment of its climate lobbying activities with its corporate climate strategy. The company has established dedicated structures in each geography, such as the "Competition and Energy Policy Global Unit" in Portugal and the "Regulation Management Department" in Spain, tasked with ensuring "the overall alignment of EDP's climate policy engagement activities with the corporate climate strategy." Furthermore, EDP emphasizes that its position on climate issues "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." The company also describes its engagement activities, noting that "in 2022, EDP held several meetings with European and national policy makers within the scope of energy transition, decarbonization and climate change." This indicates a robust governance framework that includes monitoring and alignment processes for both direct and indirect lobbying efforts. Additionally, the evidence identifies responsible parties for overseeing these activities, such as the various regional departments and units dedicated to regulatory and sustainability issues, demonstrating strong governance. 3