At EDF Energy, we are on a journey to become a more sustainable energy business. We have developed The Better Plan, our framework for being a sustainable and responsible business. It covers our priorities for the future, as well as what we measure to see how we’re doing. The Better Plan is supported by frequent stakeholder engagement, regular materiality assessments, and through our governance.
We update our progress against The Better Plan and our Better Energy Ambitions on an annual basis, based on a calendar year.
We appreciate the value of engaging and working in partnership with our stakeholders. That is why we are committed to being open, honest and transparent.
Our stakeholders are the groups of people who matter most to our business. They include those groups and individuals who have an interest in what we do, how we do it, and the impact that we can have as a business.
Your feedback on our Sustainable Business activities, and The Better Plan, is important to us, so please take a moment to share your thoughts.
Tell us what you think: email@example.com
Our key challenges
Tackling climate change
Climate change is one of our most pressing issues. The international agreement reached in Paris at the 21st session of the Conference of Parties (COP 21) to keep the rise in global temperatures below 2°C confirms the effort being made to combat climate change and the ramping up of energy transitions beyond Europe. COP 22 and COP 23, held in Morocco and Germany, reconfirmed the roadmap approved in Paris, despite the withdrawal of the United States from the agreement.
We are committed to playing a responsible role in achieving this goal and are actively supporting the delivery of the UK’s legally binding emissions reduction target of 80% by 2050.
Responding to changes in the energy system
On top of the challenge of climate change, it is clear that the world of energy is changing. Energy is becoming more decentralised, low-carbon and digital. New uses are also emerging for low-carbon electricity such as in the growing number of electric vehicles on our roads.
We are responding to these changes with new innovations, such as smart meters. We are also looking for ways of using nature’s resources to generate electricity; and using new technology to exchange power, optimise consumption and remotely control objects. This evolution in the way we work has led to the development of EDF’s 2030 strategic vision - to be the efficient, responsible electricity company, champion of low-carbon growth.
Developing affordable, low-carbon and secure energy
The Better Plan is clearly aligned with EDF Group’s six 2030 corporate responsibility goals. These goals outline our key contributions to achieving the United Nations’ Sustainable Development Goals.
These goals are to transform our world by:
· Aiming to end poverty.
· Protecting the planet.
· Ensuring prosperity for all.
Along with commitments on climate change, our 2030 goals cover human development, fuel poverty, energy efficiency, open dialogue and consultation with stakeholders, and biodiversity.
In the UK, we urgently need new investment in energy infrastructure to replace old and polluting sources of electricity generation, and make sure we have enough capacity in the mid-2020s. We see the future of energy as a mix of low-carbon nuclear generation alongside gas and renewables. This will help deliver a secure low-carbon energy system at an affordable price, with the flexibility to incorporate future technologies.
Investing in skills for a low-carbon future
Another key challenge is developing skills. Achieving our goals and delivering major investments are not just about new infrastructure or technologies, but also training, jobs, skills and education.
We aim to be at the forefront of our industry’s transformation and our people are at the heart of this effort. We need to respond to societal evolution, especially with regards to digital. Developments in technology are transforming the way we work, think and connect with each other.
That’s why we are investing in our people and the future of our company. We empower our people, not only to adapt, but to anticipate and drive change. By inspiring the next generation, we can continue the journey to a low-carbon future and have a positive long-lasting impact on the communities we serve.
Our framework for being a sustainable and responsible energy business.
The Better Plan is an integral part of EDF’s 2030 vision – to be the efficient, responsible electricity company, and champion of low-carbon growth.
We want to, deliver Better Lives, Better Experience and Better Energy for all of society.