EDF Energy accredited by the Living Wage Foundation
• Company will encourage suppliers to pay the Living Wage
Today, EDF Energy is announcing its official accreditation as a Living Wage employer. This means that all of EDF Energy’s 14,000 employees have been shown to be paid at least or above the Living Wage, which is currently £8.25 an hour or £9.40 in London.
Many of EDF Energy’s suppliers already pay the Living Wage and EDF Energy will work to encourage all of its suppliers to give the Living Wage to those that regularly work for the company.
EDF Energy’s recognised trade union partners – Unite, Unison, GMB and Prospect – are strongly supportive and this has helped EDF Energy become an accredited Living Wage employer.
There are now over 2,300 accredited Living Wage employers. The Living Wage is an hourly rate set independently and updated annually by the Living Wage Foundation.
EDF Energy Chief Executive Officer Vincent de Rivaz CBE said:
“I am pleased to announce EDF Energy’s accreditation as a Living Wage employer.
“Gaining accreditation is part of our approach to responsible business. It means that we will continue to pay a Living Wage to EDF Energy employees and work with our supply chain partners so that everybody who regularly contributes to EDF Energy can be paid a Living Wage.
“Paying a Living Wage is just one way EDF Energy invests in its people, the communities we serve, and the UK economy - whether that’s equipping apprentices with the skills and confidence required to join our industry’s next generation or investing in staff training and development.”
Director of the Living Wage Foundation, Katherine Chapman commented:
“We are delighted to welcome EDF Energy, one of the UK’s largest suppliers of electricity, to the Living Wage movement as an accredited Living Wage employer; joining over 2,300 responsible employers committed to ending in-work poverty. The voluntary Living Wage is a robust calculation that reflects the real cost of living; going above the statutory minimums and rewarding a hard day’s work with a fair day’s pay.
“With the government’s minimum wage premium rate for over 25’s coming into effect on 01 April, EDF Energy's decision shows that leading businesses want to go further than the minimum on pay. The Living Wage is a mark of responsible businesses, and we hope that EDF Energy’s leadership will encourage others in the sector to consider how they can implement the Living Wage across their organisations.”
UNISON General Secretary Dave Prentis commented:
“Today’s announcement is good news for all those contractors and suppliers who will benefit from being paid the Living Wage.
“It shows that companies can pay decent wages and remain competitive and puts down a marker for other firms in the energy sector to meet the same pay standards.”
GMB National Officer for Energy and Utilities, Eamon O'Hearn Large commented:
“GMB congratulates EDF Energy on securing accreditation as a Living Wage employer.
“GMB is proud to have previously jointly negotiated that all directly employed staff are paid the Living Wage. We are sure this has contributed to the outcome that this is now being rolled out to indirectly employed workers and will have a hugely positive impact on them also.”
For more information contact:Craig Owen
External Communications Officer - Customers
Notes to editors
Notes to editors:
EDF Energy: Craig Owen, External Communications via firstname.lastname@example.org or 020 7752 2196
Living Wage Foundation: Esmat Jeraj, Media and Communications via email@example.com or 07809 608 786
For all the latest news follow @EDFEnergyComms and @LivingWageUK on Twitter
About the Living Wage Foundation:
The Living Wage is an hourly rate set independently and updated annually. The Living Wage is calculated according to the basic cost of living in the UK. Employers choose to pay the Living Wage on a voluntary basis. The Living Wage enjoys cross party support.
The London Living Wage is currently £9.40 per hour. This figure is set annually by the Greater London Authority and covers all boroughs in Greater London. The UK Living Wage for outside of London is currently £8.25 per hour. This figure is set annually by the Centre for Research in Social Policy at Loughborough University.
The Living Wage Foundation recognises and celebrates the leadership shown by Living Wage employers across the UK. There are currently over 2,300 accredited employers. We are an initiative of Citizens UK. We believe that work should be the surest way out of poverty.
What about the Government’s national living wage?
In July 2015 the Chancellor of the Exchequer announced that the UK Government will introduce a compulsory ‘national living wage’. This new government rate is a minimum wage premium rate for staff over 25 years old. It will be introduced from April 2016 and the rate will be £7.20 per hour. The rate is separate to the Living Wage rate calculated by the Living Wage Foundation. The Government rate is based on median earnings while the Living Wage Foundation rate is calculated according to the cost of living.
EDF Energy is one of the UK’s largest energy companies and the largest producer of low-carbon electricity, producing around one-fifth of the nation's electricity from its nuclear power stations, wind farms, coal and gas power stations and combined heat and power plants. The company supplies gas and electricity to 6 million business and residential customer accounts and is the biggest supplier of electricity by volume in Great Britain.
EDF Energy’s safe and secure operation of its eight existing nuclear power stations at sites across the country makes it the UK’s largest generator of low carbon electricity. EDF Energy is also leading the UK's nuclear renaissance and has published plans to build four new nuclear plants, subject to the right investment framework.
These new plants could generate enough low carbon electricity for about 40% of Britain’s homes. They would make an important contribution to the UK’s future needs for clean, secure and affordable energy. The project is already creating business and job opportunities for British companies and workers.
Through Our Better Energy Ambitions, EDF Energy has developed one of the biggest environmental and social programmes of any British energy company.
In 2014 EDF Energy received seven ‘Big Ticks’ in the Business in the Community (BITC) Responsible Business Awards. In 2013 EDF Energy received the Environmental Leadership for Behavioural Change Award in the national Environment and Energy Awards and was highly commended in the first ever pan European Corporate Social Responsibility Awards scheme for its Sustainable Schools programme – the Pod.
EDF Energy is part of EDF Group, one of Europe’s largest power companies. The company employs around 14,000 people at locations across the UK.
To find out more about the UK's energy challenges look at www.edfenergy.com/energyfuture/