EDF Energy is committed to bringing sustainable energy solutions home to everyone. This guiding principle shapes the way the company does business. Sustainability lies at the core of EDF Energy’s vision – leading the energy change – its mission to bring affordable low-carbon energy solutions home to everyone, and its balanced view of business success.
This means delivering a safe, socially responsible and competitive service that exceeds the expectations of customers, the people who work at EDF Energy, EDF Energy shareholders, and the communities in which the company operates. To achieve this, EDF Energy has developed a set of shared values, operating principles and ambitions. At the heart of these lies a belief in the importance of striking the right balance in everything the company does.
This balanced approach means being open and pragmatic. EDF Energy is a commercial organisation, but also recognises its responsibilities go beyond making a profit. In fact, making a profit today allows EDF Energy to invest in meeting its future responsibilities to the communities it serves and the environment it shares with everyone.
Fundamental to the way EDF Energy works are the following values:
- respect for individuals
- respect for the environment
- excellent performance
- social responsibility
EDF Energy has developed key sustainability commitments to support the company’s ambition to be a leader in sustainability. In 2007, the company published its climate commitments; social commitments followed in 2008. EDF Energy believes these are among the most stretching of any major UK company.
The company said in 2007 that it would review, revise and strengthen the commitments in future. The acquisition of British Energy in 2009 was a huge step forward in this journey. So EDF Energy has added some new commitments, strengthened others, and re-thought a few to take account of the major business changes involved.
This commitment has to be genuine and transparent. The company has made significant progress towards honouring these commitments. For example:
- EDF Energy’s nuclear fleet generated 48.3 billion kilowatt-hours (kWh) in 2010 – enough electricity to fulfil 40% of the demand from UK households
- the EDF Energy Trust Fund gave over £4 million in 2010, significantly more than the £1.5 million a year originally pledged. It has now helped 20,000 households since 2003
- EDF Energy also worked alongside the UK Government and other energy suppliers to provide 26,000 of the most vulnerable customers with an £80 electricity rebate. In 2011 the company will be working on a larger project as part of the Government’s proposed energy supplier obligation to offer financial support to vulnerable customers
- around 12,000 schools have registered with EDF Energy’s sustainable schools programme, the Pod