EDP Renovaveis SA

Sign up to access all our data and the evidence and analysis underlying our overall scores. Once you've created an account, we'll get in touch with further details:

Sign Up

Direct Lobbying Transparency

Overall Assessment	Comment	Score
Moderate	EDP Renováveis offers a mixed picture of transparency on its climate-policy lobbying. Most group-level disclosures speak only in broad terms about participating in trade associations and “raising awareness” of renewable-energy issues, but its North American business provides a concrete example: it has actively engaged on the 45V Hydrogen Production Tax Credit created by the U.S. Inflation Reduction Act. For that policy, the company describes two clear mechanisms—working through a coalition of NGOs, academics and industry peers and sending joint letters—to influence the U.S. Treasury Department as it drafts implementation guidance. It is also explicit about the outcomes it is pursuing, advocating that the tax credit be conditioned on three pillars (additionality, deliverability and hourly time-matching), opposing subsidies for non-green hydrogen, and calling for transitional rules to end by 2030. Outside this single dossier, however, the company does not identify any other specific laws or regulations it has lobbied, nor does it consistently name the public bodies it engages with. Overall, the disclosures show detailed transparency on one important U.S. measure but remain general elsewhere.	2

Lobbying Governance

Overall Assessment	Comment	Score
Limited	EDP Renovaveis SA indicates that it “actively advocate for and support policies that promote clean energy generation and technical innovation, both directly and through our involvement with industry associations,” and that its lobbying activities follow “internal regulations, policies and procedures including the principles of integrity and transparency expressed in our Code of Ethics.” It also notes that “EDP has been registered since the creation of this platform in 2011” and that in North America “relevant Industry Institutions are required to disclose and/or register campaign finance and lobbying activities in accordance with applicable local, state, or federal law.” However, the company does not disclose any specific process for reviewing or approving its climate-related lobbying, nor does it name any individual or formal body responsible for overseeing the alignment of its external engagement with its climate commitments. We found no evidence of a formal climate lobbying audit or mechanisms to manage indirect lobbying through industry associations beyond general commitments to transparency.	1