EDP

InfluenceMap Score
B+
Performance Band
84%
Organisation Score
82%
Relationship Score
Modifications to InfluenceMap Scoring
Sector:
Utilities
Head​quarters:
Lisbon, Portugal

Climate Lobbying Overview: EDP is strategically engaged on various climate change policy streams with highly positive positions. For example, the utility has engaged in strong support of the EU’s Climate Law, 2030 GHG emission reduction target, and positive reforms to the EU’s Emissions Trading Scheme (ETS).

Top-line Messaging on Climate Policy: EDP’’s top-line messaging on climate policy is highly positive. EDP was a signatory of a March 2020 open letter to Frans Timmermans, Executive Vice-President of the European Commission, which stated support for the EU’s 2050 climate neutral target. The company also stated support for the Paris Agreement on its corporate website, accessed in September 2021. EDP’s CEO, Miguel Stilwell d’Andrade, appeared to support climate policy and a regulatory framework, including credible and effective carbon pricing mechanisms, in a Global Wind Energy Council joint letter in July 2021.

Engagement with Climate-Related Regulations: EDP has strongly supported the EU ETS, and has on several occasions advocated for reforms to increase its effectiveness. In its February 2021 Consultation Response on the EU ETS, the company appeared to support reforms to increase the ambition of the scheme’s emission reductions, while calling for free allocations for industry to be replaced with auctioned allocations. In its 2020 Sustainability Report, published in March 2021, the organization advocated for reforms to the EU ETS to align it with the EU’s climate objectives. EDP has also been supportive of the EU’s Carbon Border Adjustment Mechanism (CBAM), with the company signing a joint letter to EU policymakers in June 2021 to support inclusion of the hydrogen sector in the CBAM, although it did not specify a position on removal of existing carbon leakage protection for exposed sectors under the EU ETS.

In a 2020 consultation response, EDP supported higher ambition for the EU’s Energy Efficiency Directive to increase efficiency targets to 40% by 2030. The organization has stated support for the revision of the EU’s Renewable Energy Directive, and indicated that the 2030 target should be increased to “between 38-40%” in a 2021 consultation response. In its 2020 Sustainability Report, published in March 2021, EDP appeared to support raising the EU’s 2030 GHG emission reduction target to at least 55%, a position reiterated by CEO Miguel Stilwell de Andrade on Twitter in December 2020.

Positioning on Energy Transition: EDP appears highly supportive of energy transition-related policy, particularly the development of green hydrogen in the energy mix. In a July 2021 joint statement, the company supported electrification and decarbonization of the economy, specifically the use of renewable energy across sectors and the use of green hydrogen in hard-to-abate sectors, while advocating against the use of blue hydrogen, hydrogen blended with fossil gas, and the retrofitting of fossil gas infrastructure to blending. EDP also signed a March 2021 joint letter to the EU Commission to promote increased use of renewable hydrogen in the economy, while opposing increasing the emissions threshold for eligibility of clean hydrogen production under the EU Taxonomy.

In its 2020 Sustainability Report, published in March 2021, EDP appeared to advocate for the revision to the EU’s Energy Taxation Directive to align with other EU climate objectives, and internalize costs from the impacts of fossil fuels. The company’s CEO Miguel Stilwell d’Andrade also signed a joint letter from the Global Wind Energy Council in July 2021 that stated support for the expansion of renewable energy, while calling for a ban on new coal investments to decarbonize the energy mix.

Industry Association Governance: EDP publicly discloses a list of industry association memberships but does not comment on how the company is attempting to influence these groups, nor has it published a full review of its industry association links. The company has links to trade associations positively engaged on climate policy, including Eurelectric and SolarPower Europe.

QUERIES
DATA SOURCES
Main Web Site Social Media CDP Responses Legislative Consultations Media Reports CEO Messaging Financial Disclosures
Communication of Climate Science
2 2 NS NS NS NS NS
Alignment with IPCC on Climate Action
2 2 NA NS NS 2 NS
Supporting the Need for Regulations
1 1 NS NS NS 1 NS
Support of UN Climate Process
1 2 NA 2 NS 1 NS
Transparency on Legislation
0 NA 1 NA NA NA NS
Carbon Tax
NS NS NS 1 1 NS NS
Emissions Trading
1 2 2 2 NS 2 NS
Energy and Resource Efficiency
1 NS -1 2 2 NS NS
Renewable Energy
1 2 1 2 1 NS NS
Energy Transition & Zero Carbon Technologies
1 2 1 0 NS 1 NS
GHG Emission Regulation
1 2 2 2 NS 2 NS
Disclosure on Relationships
0 NS 2 NA NA NA NS
Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK
 
76%
 
76%
 
93%
 
93%
 
94%
 
94%
 
88%
 
88%
 
48%
 
48%
 
86%
 
86%

How to Read our Relationship Score Map

In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.