EDF
Ranked 7 in 2008 global Accountability Rating
EDF recognizes climate change and energy security as the most significant challenges facing the company and its sector. EDF is responding to these challenges by:
- Aligning its business strategy with the recommendations of the World Business Council for Sustainable Development for mitigating climate change.
- Undertaking extensive investments in various renewable energy technologies (wind, sun, biomass and geothermal), with capacity in renewable energies (excluding hydro) to triple by 2012. SO2, NOx and CO2 emissions have already been reduced by 10% year on year since 2006.
- The EDF Group’s total energy generation capacity is the largest in Europe, and simultaneously the lowest in CO2 emissions, due to the high proportion (over 95%) of hydroelectric and nuclear power generation facilities.
- EDF’s UK-business, lagging the rest of the group in environmental performance, has pledged to reduce the intensity of carbon dioxide emissions from electricity production by 60% from 2006 levels by 2020.
- Innovative initiatives to deliver energy in rural areas of the developing world.
- Runs the world’s largest fleet of 1,500 electric vehicles.
- Development and active promotion of social tariffs for low-income consumers, combined with educational initiatives to encourage more efficient use of energy.
EDF also created a global sustainability council consisting of external experts and representatives of social and environmental interest groups. The council is regularly invited to reviewed and publicly comment on EDF’s efforts towards sustainability. Several country subsidiaries have created similar national councils.
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