Annual Report - EDP

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: annexes :ResponseThe way for a company to guarantee the principleof response is through the improvement of itssustainability performance, being the latter theresult of decisions and action plans’ implementation,in a constant dialogue with its stakeholders.EDP has a set of policies, with defined goalsand milestones in a continuous improvementframework of business processes and initiatives,where it seeks to reinforce the involvement ofthe different stakeholders. To improve the focusof these initiatives in the material issues andin relevant stakeholders is an area of continuousimprovement, which allows the company to havea bigger efficiency in its processes and efficacyin reaching its goals, common to those samestakeholders.Main initiatives developedor in progressBased on the work done until now, EDPsummarized the set of initiatives in progress inthe chapter Community, being possible for theseto be complemented with a set of initiatives thatare presently ordinary inside the Group:º º Work out the Baixo Sabor PatrimonyConsciousness and Dissemination Programplan, designed aiming to contribute to theimprovement of the region’s environmentalquality, through the active involvement of thelocal community;º º The Board of Directors had a meeting with theSustainability Council – a statutory advisorybody (see Corporate Governance section –Corporate Governance Structure);º º Relationship channels with very close investorsare maintained (see page 196, CorporateGovernance section) and regular satisfactionstudies are promoted;º º Meetings with Media, Providers and PublicInstitutions have been promoted;º º The study of the information published byMedia is regularly made, particularly the onerelevant to the company and the business;º º Concerning clients, satisfaction studies andFocus Groups are periodically promoted anda future trends analysis study was made;º º Cocreation.pt initiative is still active toincentivise sharing innovative ideas in areas ofinterest common to the company, the scientificcommunity and the society.Corporate consolidationcriteriaIn the Group’s organisation chart – OrganisationStructure -, the summary of the universe of companiesincluded in the annual report can be found.COMPANIES INCLUDED IN THE CONSOLIDATIONUNDER THE PROPORTIONAL METHOD AS ATON DECEMBER 31 ST , 2012Society’s Name% ConsolidationFlat Rock Windpower II LLC 50%Flat Rock Windpower LLC 50%ARQUILED-Proj. Iluminação, SA 40%Arquiservice - Consult Serviços 35%BIOASTUR AIE-2 50%EDP PRODUÇÃO BIOELÉCTRICA, SA 50%Compañía Eólica Aragonesa, S.A.-2 50%CIDE HC Energía, S.A. 50%COGENERACION Y MATENIMIENTO AIE-2 50%Desarrollos Energeticos Canarios S.A.-2 50%Serviços, ACE 60%EVOLUCIÓN 2000, S.L.-2 49%Futurocompact, Lda 40%Porto do Pecém Geração de Energia S.A. 50%ELETRICA 50%PECEM TRANSPORTADORA DE MINERIOS 50%Ródão, S.A.. 50%TEBAR EÓLICA, SA-2 50%Consolidation criteria on operational andsustainability information follow EDP Groupaccounts consolidation methods:º º Full consolidation method: when the mothercompanydetains directly or indirectly themajority of the voting rights (% of control orpossession) of the affiliate. In this case, theperformance of the affiliated companies isreported in full;º º Proportional consolidation method: whena company included in the perimeter of theaccounts consolidation runs another companytogether with one or more companies notincluded in the perimeter. In this case, thereport should only concern the performancecorresponding to the percentage of the detainedparticipation in the company jointly controlled.A list of the companies and their consolidationmethod is available in note 52 of the financialdemonstrations of this report (page 252).The consolidation of the operational informationconcerning the new Pecém thermal powerplant is still limited, not being fully reported inaccordance with the predicted consolidation criteria(proportional consolidation method: 50%). Along2012, it was only possible to report the informationrelated with the number of employees (107), whereasthe social and the environmental informationis not reported in full. This exception wasconsidered non-material, once that it does not affectsignificantly the performance of the sustainabilityinformation presented along the report.In 2012, EDP decided to boost the level of externalverification on the sustainability information reportfor a set of 30 key indicators that can be found inpages 18 and 19 of this report. Exception was madeto the Expenditures indicator in R&D, due to a needof reviewing the concept presently applied and theinformation clearance schedule.By this report’s closing day, the reported informationstill corresponds to an estimate of the R&Dexpenditure. This process is being improved and itsinclusion is expected to happen in the reasonableverification in 2013.This verification was made by an independent entity,KPMG Advisory, Management Consultants, Ltd.GlossaryIn order to improve the report’s transparency,the glossary may be consulted on-line, wherethe definition of quantitative indicators and usedmethods presented along the document can befound in: www.edp.pt/pt/pages/glossário.aspx.GRI e Global CompactThis Report was prepared in accordance withGlobal Reporting Initiative’s orientation.The following table summarises the indicatorsaccording to the Electric Sector Protocol, takingresponsibility with terms to implement thespecific indicators which was not possible to fullycomply. The complete table can be found inwww.edp.pt> sustainability> publications.EDP - Annual Report 2012281
: annexes :Simultaneously, the following table identifies the available information that responds to the 10 Global Compact principles, evidencing EDP’scommitment with this initiative.GRI ContentProfile Location R&C Reported GlobalCompact1. Strategy1.1 Page 61.2 Page 62. Organizational profile2.1 Page 82.2 Page 82.3 Page 38; 2562.4 Page 82.5 Page 82.6 Page 82.7 Page 82.8 Page 8; 16; 172.9 Page 2812.10 Page 14EU1 Page 15; 42; 43; 54; 57EU2 Page 15; 42; 43; 54; 57EU3 Page 74EU4 Page 46; 47; 57EU5 Page 633. Report parameter3.1Page 281www.edp.pt > Sustentainability > Publications3.2Page 281www.edp.pt > Sustentainability > Publications3.3Page 281www.edp.pt > Sustentainability > Publications3.4Page 304www.edp.pt > Sustentainability > Publications3.5Page 279www.edp.pt > Sustentainability > Publications3.6Page 8; 38; 281www.edp.pt > Sustentainability > Publications3.7Page 281www.edp.pt > Sustentainability > Publications3.8Page 8; 281www.edp.pt > Sustentainability > Publications3.9Page 281www.edp.pt > Sustentainability > Publications3.1Page 281www.edp.pt > Sustentainability > Publications3.11Page 281www.edp.pt > Sustentainability > Publications3.12Page 282www.edp.pt > Sustentainability > Publications3.13Page 284www.edp.pt > Sustentainability > Publications4. Governance4.1Page 103; 106www.edp.pt> Corporate Governance> Governing Bodies4.2Page 99www.edp.pt> Corporate Governance> Governing Bodies4.3Not applicablewww.edp.pt> Corporate Governance> Governing Bodies4.4Page 71; 143www.edp.pt> sustainability> stakeholders4.5 Page 129; 130Page 1044.6www.edp.pt> Corporate Governance> Independence andIncompatibilities Statement4.7 Page 2714.8Page 12; 13www.edp.pt> About edp> Principles and policiesPage 102; 1114.9www.edp.pt> Sustainability> Approach to Sustainability>Organisation4.10 Page 1304.11 Page 66; 67; 116; 117; 1184.12www.edp.pt> Sustainability> Approach to Sustainability>Participations4.13www.edp.pt> Sustainability> Approach to Sustainability>Participations4.14 www.edp.pt> Sustainability> Stakeholders4.15Page 279www.edp.pt> Sustainability> Stakeholders4.16Page 279www.edp.pt> Sustainability> Stakeholders4.17Page 279www.edp.pt> Sustainability> StakeholdersManagementEconomicwww.edp.pt> Sustentainability> Publications> GRIIndicatorsEconomicperformancewww.edp.pt> Sustentainability> Publications> GRIIndicatorsMarket Presencewww.edp.pt> Sustentainability> Publications> GRIIndicatorsIndirect Impactswww.edp.pt> Sustentainability> Publications> GRIIndicatorsAvailability andreliabilityPage 26; 27; 120; 121www.edp.pt> edp> Business UnitsEU6Page 26; 27; 120; 121www.edp.pt> edp> Business UnitsDemand-sidemanagementPage 77; 78EU7 Page 77; 78System efficiency Page 64Research anddevelopmentPage 59EU8 Pages 59 to 61PlantdecommissioningPage 63EU9 Page 63ENVIRONMENT Page 62Materials www.edp.pt > Sustainability> Environment> Performance 7; 8Energy www.edp.pt > Sustainability> Environment> Performance 7; 9Water www.edp.pt > Sustainability> Environment> Performance 7; 8BiodiversityBiodiversity Report:www.edp.pt> Sustentainability> Environment> Biodiversity7; 8Emissions,effluents and wastewww.edp.pt > Sustainability> Environment> Performance 8GRI ContentProfile Location R&C Reported GlobalCompactProducts andserviceswww.edp.pt > Sustainability> Environment> Performance 7Compliance www.edp.pt > Sustainability> Environment> Performance 8Transport www.edp.pt > Sustainability> Environment> Performance 8Employment 6EU14 Page 70 6EU15 Page 72 6EU16Page 72; 73www.edp.pt> About edp> Principles and policies6EmploymentPage 70www.edp.pt> about edp> Human Resources> Social6ReportLabour/ManagementrelationsPage 70www.edp.pt> about edp> Human Resources> SocialReport1; 3Occupanionalhealth and safetyTraining andeducationDiversity and equalopportunityPage 72www.edp.pt> Sustainability> Occupational health andsafetyPage 70 6Page 71; Code of Ethics EDP, chapter 3.2;www.edp.pt> About edp> Principles and policies2; 6Equal remuneration Page 69; 71 2; 6human rights 1Investment andprocurement Page 79 1practicesNon-discriminationCode of Ethics EDP, chapter 3.0;www.edp.pt> About edp> Principles and policies1;6Freedom of Code of Ethics EDP, chapter 3.0;association andcollective bargaining www.edp.pt> About edp> Principles and policies1;3Child LabourCode of Ethics EDP, chapter 3.0;www.edp.pt> About edp> Principles and policies1; 4; 5Forced and Code of Ethics EDP, chapter 3.0;compulsory work www.edp.pt> About edp> Principles and policies1; 4; 5Security practices www.edp.pt > Sustainability> Publications> GRI Indicators 1Local communityrightswww.edp.pt > Sustainability> Publications> GRI Indicators 1;2Assessment Page 58Remediation Page 58; 59SocietyEU19www.edp.pt> Sustainability> StakeholdersEU20 Pages 83 to 85Local communities Page 83CorruptionCode of Ethics EDP, chapter 4.1;www.edp.pt> About edp> Principles and policies10Public PoliciesCode of Ethics EDP, chapter 4.1www.edp.pt> About edp> Principles and policiesAnti-competitive Code of Ethics EDP, chapter 4.1;behaviorwww.edp.pt> About edp> Principles and policies10CumplianceCode of Ethics EDP, chapter 3.1.1www.edp.pt> About edp> Principles and policiesDisaster/Emergency www.edp.pt > Sustainability> Publications> GRI IndicatorsplanningEU21 Pages 67; 68Product ResponsibilityCustomer healthand SafetyPage 77Product andservice labellingMaketing andCommunicationEDP follows European Regulations and invoices haveenvironmental information;www.hcenergia.com/es/portal.do?IDM=35&NM=3www.edp.pt > Sustainability> Publications> GRI IndicatorsCustomer privacy Page 77CumpliancePage 74www.edp.pt > Sustainability> Publications> GRI IndicatorsAccess Page 77EU23 Page 76Provision afinformationPage 77EU24 Page 77PerformanceEconomic performanceEC1 Page 18EC2 Page 63EC3 Notes to the Financial Statements: Note 3; page 225EC4 Page 18 (1)Market PresenceEC5 Page 69EC6 Page 79EC7 Page 68Indirect economic impactsEC8 Pages 83 to 85EC9 Page 82; 83Availability and reliabilityEU10 Page 27; 28; 29; 52; 55 (2)System efficiencyEU11 Page 64EU12 Page 62EnvironmentMaterialsEN1Page 62www.edp.pt > Sustainability > Environment > Performance7; 8EN2 Not material 7; 8EnergyEN3 Page 62 7; 9EN4 Page 62 7; 9EN5 Page 64 7; 9EN6 Page 77; 78 7; 9EN7 www.edp.pt > Sustainability > Environment > Climate Change 7; 9WaterEN8 Page 62; 65 7; 8EN9 n/k 7; 8EN10 Recycled input material is not material 7; 8BiodiversityEN11 Page 63 7; 81282A World Full Of Energy
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Annual Report - EDP

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