EDP endorses BCSD Portugal’s Charter of Principles | EDP Portugal

EDP has signed up to BCSD Portugal’s Charter of Principles, a document that establishes the principles that are the guidelines for good business management. The Charter of Principles aims to create a voluntary framework tailored to companies of various sizes in order to encourage the massification of sustainable management practices based on six principles: (1) Legal Compliance & Ethical Conduct, (2) Human Rights, (3) Employment Rights, (4) Prevention, Health and Safety, (5) Environment and (6) Management.

By endorsing the Charter of Principles, EDP recognizes that sustainable business management is a competitive factor. At the same time, EDP is inviting its suppliers to subscribe to the Charter of Principles, thus promoting the principles of sustainable management along its value chain.

The BCSD Portugal’s Charter of Principles is inspired by the Universal Declaration of Human Rights, the Fundamental Principles and Rights at Work of the International Labour Organization and the United Nations Global Compact. It also encourages the reporting of non-financial information by companies that are not yet directly covered by Decree-Law no. 89/2017 of July 28 regarding the obligation of annual disclosure of non-financial information and information on diversity by certain large companies.

In addition to EDP, the 35 initial signees are: Águas de Portugal, Altri SGPS SA, Banco Comercial Português, SA, Celoplás SA, Consulai, Corticeira Amorim SGPS SA, CP - Comboios de Portugal EPE, Crédito Agrícola, CUF - Consultoria e Serviços, SA, EDP- Energias de Portugal SA, Efacec Power Solutions, SGPS, SA, Eurogroup Consulting Portugal, Fidelidade - Companhia de Seguros, SA, FUJITSU, Galp Energia, SGPS, SA, Gestamp, Hovione, LIPOR - Serviço Intermunicipalizado de Gestão de Resíduos do Grande Porto, NOS COMUNICAÇÕES SA, Prio Biocombustíveis SA, Repsol, ROFF, Schneider Electric Portugal, Lda., SIMAS de Oeiras and Amadora, Sociedade Ponto Verde SA, SOJA DE PORTUGAL, Solvay Portugal, Sonae, Sumol + Compal, Super Bock Group, TECNOPLANO - Tecnología e Planeamento, SA, The Loyal Advisory Company, The Navigator Company, Trivalor SGPS SA, Viasat powered by BluSat.

Further information:

Download the Charter of Principles: see link

Charter of Principles Key Ideas: see link

Photos from the Charter of Principles launch: see link

About BCSD Portugal - Business Council for Sustainable Development

O BCSD Portugal - Business Council for Sustainable Development, of which EDP is associated, aggregates and represents companies that are committed to sustainability and is one of the national driving forces for a low-carbon economy that values ecosystems and generates well-being in society. Through the development of inter-company projects that stimulate sustainable development, the BCSD is an influential and inspiring actor for new business models that are competitive, innovative, responsible, sustainable and inclusive. By intervening in the development of public policy, the BCSD fosters collaboration between the business community, policy makers and civil society. With broad sector representation, the BCSD has more than 90 companies that give direct employment to more than 270 thousand people. The sales volume of the non-financial members of the BCSD represents 38% of the national GDP, which translates into more than 65 billion euros of turnover and a GVA of between 6 and 8% of GDP.