Ethics is a constant thought of man before his action. To the company, ethics is a necessary condition for the sustained success of economic activities and for the exercise of responsible citizenship, areas in which EDP stands out for its exemplariness. Throughout its existence, EDP has built a strong ethical standing that covers these areas and which is at present a fundamental pillar of its reputation.
EDP's identity is based on essential ethical principles: a permanent role in promoting and consolidating trust relationships with all stakeholders; an integral performance in all areas of intervention; a role of responsible protagonist of the profound changes in the energy sector, in the digital revolution, in the struggle for an environment that ensures a sustainable future for all.
This is our way of being and working, it is "our energy"!
The EDP Code of Ethics
Is the public expression of "our energy"!
It is our reference document, which conveys the way we work and the way we like to be viewed by our stakeholders - employees, shareholders, customers, suppliers and the community.
Last year we reviewed the Company's Code of Ethics - the first edition of which dates back to 2005 - with a view to making the document more current, allowing for a more direct address of the ethical issues that are very relevant today for EDP, and for its insertion in society in general, in such complex and demanding times.
Evaluation of ethical performance
At EDP, ethical performance is assessed by taking into account aspects such as the perception of stakeholders and the culture and management indicators, that are consolidated in the Ethicis index, Corporate Ethical Performance Index.
In addition to this index, an annual report is published exclusively on the subject, which gives an account of the most important initiatives related to ethics, and the balance of ethical complaints in the Group is made. The Company grants particular importance to the external evaluation that is conducted by the Ethisphere Institute, who for the past nine years has regarded EDP as one of the “World Most Ethical Companies,” and who allows a comparison with companies that, worldwide, follow best practices in matters of Ethics and Compliance. Likewise, EDP has already obtained the maximum rating in the “bribery prevention” theme in the FTSE4Good index, maintaining a prominent position in the “Codes of Conduct/Compliance/Corruption and bribery” criterion of the Dow Jones Sustainability indexes.
Ethisphere InstituteCode of Conduct for Top Management and Senior Financial Officers
EDP Group has a global presence and is managed, worldwide, by men and women of different generations, cultures and patterns of behaviour. This diversity is valued and promoted as a wealth factor. The aim of the Code of Conduct for Top Management and Senior Financial Officers is to promote harmony and explain, internally and externally, the matrix of conduct in effect. This code of conduct does not replace the EDP Code of Ethics, but rather strengthens and complements it, using as a lens the responsibility and the power of the person who was called to assume the duties of Supervision, Administration and Top Management in the EDP Group.
EDP Code of ConductSpeak Up
Conduct and behaviour that violate ethical principles, legal provisions or internal regulations must be reported through the channels established for this purpose. Please contact us.
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Learn about our compliance policies
Penal Compliance Policy
The Penal Compliance Policy establishes EDP Spain Group's firm commitment to its activity to be governed by strict compliance of the legislation and fostering conduct that respects the integrity and ethical values. It is firmly opposed to any unlawful act being committed and undertakes to prevent that happening.
EDP Spain documentEDP Spain Branch documentIntegrity Policy
The Integrity Policy defines the principles of action in order to avoid criminal offences and administrative infringements occurring, in particular, conduct associated with the committing acts of corruption and bribery, money laundering and financing terrorism, anti-competitive practices and breaches of data protection legislation.
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